Supply Chain Concentration in the Chubu Region and Natural Disasters
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2025.
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- FY2025RestatedAnnual report
「Although our Group's plants are dispersed across Kamo District and Hida City in Gifu Prefecture, Dalian, China, and the Philippines, our Group's supply chain is concentrated in the Chubu region. If a major earthquake or other disaster affecting operations occurs in this region, it may adversely affect our Group's operating results and financial condition.」
The Company continues to identify the risks associated with dispersed plants, supply-chain concentration in the Chubu region, and operational disruptions caused by natural disasters. - FY2022RestatedAnnual report
「Although our Group's plants are dispersed across Kamo District and Hida City in Gifu Prefecture, Dalian, China, and the Philippines, our Group's supply chain is concentrated in the Chubu region. If a major earthquake or other disaster affecting operations occurs in this region, it may adversely affect our Group's operating results and financial condition.」
The Company continues to identify the risks associated with dispersed plants, supply-chain concentration in the Chubu region, and operational disruptions caused by natural disasters. - FY2020RestatedAnnual report
「To minimize the impact of manufacturing-line interruptions, our Group conducts regular disaster-prevention inspections of production equipment and other facilities, prepares BCP plans, and conducts regular training. However, there is no assurance that the impact of human-caused or natural disasters occurring at production facilities can be completely prevented or mitigated. Although our Group's plants are dispersed across Kamo District and Hida City in Gifu Prefecture, Dalian, China, and the Philippines, our Group's supply chain is concentrated in the Chubu region. If a major earthquake or other disaster affecting operations occurs in this region, it may adversely affect our Group's operating results and financial condition.」
While explicitly adding the preparation of BCP plans and training to regular inspections, the Company continues to recognize the risk that its supply chain is concentrated in the Chubu region even though its plants are dispersed. - FY2018RestatedAnnual report
「To minimize the impact of manufacturing-line interruptions, our Group conducts regular disaster-prevention inspections of production equipment and other facilities. However, there is no assurance that the impact of human-caused or natural disasters occurring at production facilities can be completely prevented or mitigated. Although our Group's plants are dispersed across Gifu Prefecture (Gifu City, Kamo District and Hida City) and Dalian, China, the supply chain surrounding our Group is concentrated in the Chubu region. If a major earthquake or other disaster affecting operations occurs in this region, it may affect our Group's operating results and financial condition.」
While presenting equipment inspections as a measure, the Company continues to identify the risks associated with supply-chain concentration in the Chubu region and natural disasters. - FY2017RestatedAnnual report
「To minimize the impact of manufacturing-line interruptions, our Group conducts regular disaster-prevention inspections of production equipment and other facilities. However, there is no assurance that the impact of human-caused or natural disasters occurring at production facilities can be completely prevented or mitigated.」
While presenting regular disaster-prevention inspections as an additional measure, the Company continues to identify the risks associated with supply-chain concentration in the Chubu region and natural disasters. - FY2016First statedAnnual report
「Although our Group's plants are dispersed across Gifu Prefecture (Gifu City, Kamo District and Hida City) and Dalian, China, the supply chain surrounding our Group is concentrated in the Chubu region. If a major earthquake or other disaster affecting operations occurs in this region, it may affect our Group's operating results and financial condition.」
The Company discloses the regional dispersion of its plants, while explaining that its supply chain is concentrated in the Chubu region.