System Failures and Production Stoppages Caused by Natural Disasters and Accidents
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2024-Q1.
Gamecard Holdings moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, Japan's economy continued to recover gradually, as the classification of COVID-19 was changed from Category 2 to Category 5, equivalent to influenza, on 8 May, leading to increased movement of people and inbound demand. However, the outlook remained uncertain because of surging raw material and energy prices, mounting inflationary pressure and the risk of recession in Europe and the United States.」
While indicating a trend toward recovery in economic activity, the company continues to describe uncertainty in the external environment, including surging raw material and energy prices and inflationary pressure. - FY2023-Q1RestatedAnnual report
「In addition to the emergence of new variants, the outlook has become uncertain because of surging resource prices resulting from the prolonged situation in Ukraine, difficulties procuring various materials including semiconductors, and the rapid depreciation of the yen.」
External environment risks, including surging resource prices and difficulties procuring materials such as semiconductors, continue to persist. - FY2022WorsenedAnnual report
「In addition, the global semiconductor shortage has had a significant impact on the procurement of components, with no prospect of resolution at present. Against this backdrop, resource prices and raw material costs have risen markedly following Russia's invasion of Ukraine, and we expect uncertainty about the outlook to persist at an even higher level.」
In addition to conventional external environment risks such as natural disasters, epidemics and conflicts, the actual business environment is being affected by component procurement difficulties caused by the semiconductor shortage and surging resource and raw material prices triggered by Russia's invasion of Ukraine. - FY2020WorsenedAnnual report
「However, if the information management center or business partners suffer serious damage from a large-scale natural disaster such as an earthquake or typhoon beyond expectations, the outbreak or spread of an epidemic, regional conflict, war, terrorist attack or other event, resulting in system failures or an impact on production activities, business activities may be disrupted, potentially affecting the operating results and financial condition of the Group.」
The scope of external operating environment risks has been expanded beyond conventional natural disasters and accidents to include epidemics, regional conflicts, wars and terrorist attacks. - FY2019RestatedAnnual report
「If a large-scale natural disaster such as an earthquake or typhoon beyond expectations, or a major accident, occurs, causing serious damage to the information management center or business partners and resulting in system failures, production stoppages or other events, business activities may be disrupted, potentially affecting the operating results and financial condition of the Group.」
The risk of system failures and production stoppages caused by natural disasters and accidents beyond expectations continues to be disclosed, while noting the information management center's backup arrangements and procurement from multiple suppliers. - FY2017RestatedAnnual report
「However, if a large-scale natural disaster such as an earthquake or typhoon beyond expectations, or a major accident, occurs, causing serious damage to the information management center or business partners and resulting in system failures, production stoppages or other events, business activities may be disrupted, potentially affecting the operating results and financial condition of the Group.」
The risk of system failures and production stoppages caused by natural disasters and accidents continues to be disclosed together with explanations of backup arrangements and procurement from multiple suppliers. - FY2016First statedAnnual report
「However, if a large-scale natural disaster such as an earthquake or typhoon beyond expectations, or a major accident, occurs, causing serious damage to the information management center or business partners and resulting in system failures, production stoppages or other events, business activities may be disrupted, potentially affecting the operating results and financial condition of the Group.」
After explaining the information management center's backup arrangements and diversification through procurement from multiple suppliers, the company identifies disasters and accidents beyond expectations as risks.