Production Suspensions and Supply-Chain Disruptions Caused by Disasters
First written in FY2018. 8 of 13 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2023.
Tpr moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 14 of 31 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「In preparation for natural disasters such as earthquakes, we maintain safety stock, have introduced an employee safety confirmation system, prepare initial response and early recovery manuals, and conduct training.」
BCP measures addressing disaster and supply chain disruption risks, including safety stock, employee safety confirmation, recovery manuals and training, are reiterated. - FY2023-Q1MaterialisedAnnual report
「The automotive industry, with which our group is primarily involved, faced difficult conditions globally due to production cuts by automakers caused by semiconductor supply shortages and the spread of COVID-19, as well as soaring raw-material and energy prices.」
Production cuts by automobile manufacturers due to semiconductor shortages and the spread of infectious diseases continue to affect global production and supply chains. - FY2022MitigatedAnnual report
「Against the backdrop of the growing importance of BCPs in recent years, we hold cross-site BCP meetings once a month to make them more practical, and are advancing initiatives that include preparing and reviewing manuals for responding to each type of disaster.」
As measures to address disasters, infectious diseases and supply chain disruptions, monthly cross-site BCP meetings and the development of manuals are being implemented. - FY2022-Q3MaterialisedAnnual report
「In the automotive industry, with which our group is primarily involved, the impact of global production cuts continued as a result of the worldwide semiconductor shortage.」
Supply constraints caused by semiconductor shortages actually materialized as global production cuts, and their impact on supply chains and production continues. - FY2022-Q2MaterialisedAnnual report
「In the automotive industry, with which our group is primarily involved, vehicle production and sales in Japan and overseas had been recovering until early summer, but shifted to a global year-on-year decline due to supply-chain constraints caused by the global semiconductor shortage and the renewed spread of COVID-19.」
The disclosure states that decreases in automobile production and sales actually occurred due to supply chain constraints associated with semiconductor shortages and the resurgence of infections. - FY2021-Q3MaterialisedAnnual report
「Losses from factory shutdowns — 113 Fixed costs incurred during the period when certain overseas consolidated subsidiaries suspended operations at the request of governments and other authorities to prevent the spread of COVID-19 were recognized as extraordinary losses.」
Regarding operating shutdowns at overseas consolidated subsidiaries in response to COVID-19, ¥113 million in factory shutdown losses was recognized as an extraordinary loss. - FY2021-Q2MaterialisedAnnual report
「Fixed costs incurred during the period when certain overseas consolidated subsidiaries suspended operations at the request of governments and other authorities to prevent the spread of COVID-19 were recognized as extraordinary losses.」
Operating shutdowns at overseas consolidated subsidiaries actually occurred, and ¥114 million in factory shutdown losses was recognized as an extraordinary loss. - FY2021-Q1MaterialisedAnnual report
「In Japan, temporary production shutdowns were implemented due to a slowdown in automobile sales, while exports were also affected by port closures overseas.」
Regarding the risks of operating shutdowns and supply chain disruptions caused by disasters and infectious diseases, production shutdowns in Japan and overseas port closures actually occurred. The quarterly consolidated income statement also included ¥68 million in losses from factory shutdowns. - FY2020MaterialisedAnnual report
「The Group has established business continuity plans (BCPs) to address the risks of natural disasters such as earthquakes, safety risks such as fires, and health risks such as infectious diseases in each country where it operates.」
In addition to the existing disaster and supply chain risks, infectious diseases are explicitly included, and measures such as BCPs, training and telework are described in light of actual operating shutdowns and production adjustments. - FY2019RestatedAnnual report
「If an earthquake or other disaster causes an unforeseen event such as a production suspension or damage to equipment, the production of the Group's products may be affected. In addition, if a supply-chain disruption caused by a disaster results in an automaker suspending production, the Group's business may also be affected.」
The impact on operations of disasters at production sites and supply chain disruptions is reiterated as an annual risk. - FY2019-Q3RestatedAnnual report
「Although the domestic economy was affected by a succession of natural disasters, a moderate recovery continued during the cumulative third quarter of the current fiscal year, supported by improving employment conditions and steady personal consumption and capital investment.」
The disclosure continues to state that a succession of natural disasters affected the domestic economy. - FY2019-Q2MaterialisedAnnual report
「Although the domestic economy was affected by a succession of natural disasters, a moderate recovery continued during the cumulative second quarter of the current fiscal year, supported by improving employment conditions and steady personal consumption and capital investment.」
The disclosure states that the effects of a succession of natural disasters occurred in the actual economic environment, indicating that the disaster risk materialized. quantified is false; materialized is true. - FY2018First statedAnnual report
「If an earthquake or other disaster causes an unforeseen event such as a production suspension or damage to equipment, the production of the Group's products may be affected. In addition, if a supply-chain disruption caused by a disaster results in an automaker suspending production, the Group's business may also be affected.」
Explicitly identifies disasters at domestic and overseas production sites and customer production suspensions caused by supply-chain disruptions as risks.