Risk of production stoppages due to concentration of production at the Iga and Head Office plants
First written in FY2016. 13 of 17 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025MitigatedAnnual report
「To prepare for these natural disasters, our Group acquired land in Oi, Fukui Prefecture, in December 2024 and in Minatojima, Chuo-ku, Kobe, Hyogo Prefecture, in June 2025. Plans for constructing and relocating plants are currently being developed.」
Regarding the existing risk of production concentration at the Head Office and Iga plants, land acquisitions in Oi and Port Island have been completed, making preparations for alternative sites and business continuity planning more concrete. However, plant construction and relocation remain at the planning stage. - FY2024-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no newly emerging business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new events or material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2024-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no newly emerging business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new events or material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2023-Q3RestatedAnnual report
「There were no newly arising business or other risks during the nine-month period ended in the third quarter of the current fiscal year. In addition, there were no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new events or material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2021RestatedAnnual report
「In addition to the Iga Plant's important role as an upstream process for the Head Office Plant, the two sites cannot substitute for each other's functions and roles in an emergency from an equipment perspective. Consequently, damage to either site could directly lead to an interruption of the production process.」
We reconfirmed the risk of production disruption resulting from the inability of the Head Office Plant and Iga Plant to substitute for each other. - FY2021-Q3RestatedAnnual report
「There were no newly arising business or other risks during the nine-month period ended in the third quarter of the current fiscal year. In addition, there were no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new events or material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No new events or material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2020WorsenedAnnual report
「Many of the buildings at the Head Office Plant were constructed in the 1960s and therefore present seismic and fire-resistance risks. In addition, because the site is located within the area expected to be affected by a major Nankai Trough earthquake, we are increasingly concerned. The two domestic manufacturing sites cannot substitute for each other's functions and roles in an emergency.」
The seriousness of the production-stoppage risk was emphasised by detailing the age of the Head Office Plant, its seismic and fire resistance, the expected impact of a Nankai Trough earthquake, and the inability of the two sites to substitute for each other. - FY2020-Q3RestatedAnnual report
「There were no newly arising business or other risks during the nine-month period ended in the third quarter of the current fiscal year. In addition, there were no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new events or material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2020-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no newly emerging business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2019-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no newly emerging business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2018WorsenedAnnual report
「We are particularly concerned about damage from these natural disasters at the aging Head Office Plant, which is also located within the area expected to be affected by a major Nankai Trough earthquake. The two domestic manufacturing sites mentioned above cannot substitute for each other's functions and roles in an emergency.」
In addition to the existing production-concentration risk, specific vulnerabilities were identified, including the aging Head Office Plant, its location within the area expected to be affected by a Nankai Trough earthquake, and the inability of the two sites to substitute for each other. - FY2018-Q3RestatedAnnual report
「There have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified in the risk of production stoppages resulting from the concentration of production at the Iga and Head Office plants. - FY2017RestatedAnnual report
「At present, all production of these cast-steel components is carried out at the Iga Plant in Iga, Mie Prefecture. If the plant were to cease operations because of a fire, natural disaster or other force majeure event, procurement of key materials could be severely affected, potentially resulting in a material impact on our Group's performance through lost business opportunities and delivery delays.」
We reconfirmed the risk of production stoppages resulting from the concentration of cast-steel component production at the Iga Plant and valve manufacturing at the Head Office Plant. - FY2016First statedAnnual report
「At present, all production of these cast-steel components is carried out at the Iga Plant in Iga, Mie Prefecture. If the plant were to cease operations because of a fire, natural disaster or other force majeure event, procurement of key materials could be severely affected, potentially resulting in a material impact on our Group's performance through lost business opportunities and delivery delays.」
Because cast-steel components are produced centrally at the Iga Plant and valve manufacturing is concentrated at the Head Office Plant, the impact of plant stoppages on procurement, delivery schedules and performance has been identified as a risk.