Business Continuity Risk from Natural Disasters, Accidents and Social Unrest
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 70 of 111 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「The company is working to establish a structure that enables it to fulfill its social responsibilities, including by diversifying the risk of product supply disruptions through global production across multiple regions in Japan, China, Taiwan, Vietnam and Italy.」
The company describes diversification across production sites in multiple regions, including Italy, as a measure against the risk of supply disruptions caused by natural disasters and infectious diseases. - FY2023RestatedAnnual report
「If an unforeseen large-scale natural disaster such as an earthquake, tsunami or flood, an accident-related disaster such as a fire, an infectious disease outbreak or social disruption caused by other factors occurs, resulting in the suspension of business activities or difficulty in continuing operations at the Company Group or its major business partners, the event may affect the Company Group’s operating results.」
The company continues to disclose the risks of business suspension and impediments to business continuity caused by natural disasters, accidents, infectious disease outbreaks and social disruption. - FY2022First statedAnnual report
「If an unforeseen large-scale natural disaster such as an earthquake, tsunami or flood, an accident-related disaster such as a fire, an infectious disease outbreak or social disruption caused by other factors occurs, resulting in the suspension of business activities or difficulty in continuing operations at the Company Group or its major business partners, the event may affect the Company Group’s operating results.」
The company has identified as major risks the suspension of its own or major business partners' activities and impediments to business continuity caused by natural disasters, accidents, infectious disease outbreaks and social disruption.