Business interruptions caused by natural disasters, infectious diseases, terrorism and other events
First written in FY2016. 7 of 10 entries say "Materialised", first in FY2020-Q3. Latest entry: 2026-06-09.
The whole theme swung hardest in 2020: 66 of 112 companies on the "Worse" side.
- 2026-06-09MaterialisedEarnings presentation
「Although delays occurred in certain production processes in the Middle East, the impact to date has been limited」
Stated that delays and other issues occurred in certain production processes as a result of the situation in the Middle East, indicating that part of the business interruption risk had materialized. - FY2023WorsenedAnnual report
「Large-scale natural disasters caused by climate change, including droughts, rising sea levels, prolonged heat waves and floods, may become increasingly severe in the future.」
The risk of business interruption from natural disasters and infectious diseases was expanded to explicitly include the increasing severity of droughts, rising sea levels, heat waves and floods caused by climate change. - FY2023-Q1MaterialisedAnnual report
「Revenue increased 1% year on year to ¥388.2 billion, despite factors reducing revenue, including lockdowns in China accompanying the spread of COVID-19 and production cuts by automakers due to semiconductor shortages. The increase was attributable mainly to foreign-exchange effects and other factors.」
China's lockdown accompanying the spread of COVID-19 materialized as an impact on operations and demand and, together with production cuts by automakers, became a factor behind lower revenue in the Automotive Systems business. - FY2022-Q3MaterialisedAnnual report
「In November 2021, a fire occurred at the logistics center of a Japanese equity-method affiliate. As of the date on which the condensed quarterly consolidated financial statements were authorized, the cause and other matters were still under investigation by external authorities. Depending on the results of the investigation, the equity-method affiliate may be held liable for losses on assets and other losses destroyed by the fire.」
A fire occurred at the logistics center of an equity-method affiliate, and the possibility that it could be held liable for asset losses and other losses was disclosed. The timing and amount of the impact were stated to be impossible to reasonably estimate. - FY2022-Q2MaterialisedAnnual report
「Revenue increased 134% year on year to ¥755.9 billion, despite factors reducing revenue, including production cuts by automakers due to semiconductor shortages and reduced parts supplies resulting from India's lockdown amid the spread of COVID-19. The increase reflected higher revenue from the business integration involving Hitachi Astemo, Ltd. and improved operating rates from the previous fiscal year's deterioration caused by the spread of COVID-19.」
India's lockdown accompanying the spread of COVID-19 reduced parts supplies, with the impact materializing as a business interruption and supply constraint. - FY2021MaterialisedAnnual report
「To address these risks, the Group is working to continue production activities while prioritizing safety, enable diverse working arrangements such as remote work by strengthening its digital environment, and reduce costs by strengthening cash management and restructuring its business portfolio.」
In response to the impact of COVID-19 on production, working arrangements and liquidity, measures including continued production, remote work, cash management and cost reduction were implemented. - FY2020MaterialisedAnnual report
「The global COVID-19 pandemic has led to a deterioration in the global economy by causing lockdowns and restrictions or voluntary restraints on going out, limiting travel, closing business sites, constraining production activities, reducing personal consumption and capital investment, disrupting supply chains, and causing intermittent volatility in global capital markets and a deterioration in financing conditions. These developments have adversely affected the Group's business, financial position and operating results.」
Business-site closures, production constraints, reduced demand and capital-market volatility caused by the infectious disease materialized as business-interruption risks. - FY2020-Q3MaterialisedAnnual report
「Revenue decreased 8% year on year to ¥687.1 billion, due to foreign-exchange effects, lower revenue in China, India and elsewhere, and production impacts from typhoon damage.」
Hitachi Construction Machinery experienced production impacts from typhoon damage, which was identified as a factor behind the decline in revenue. - FY2017RestatedAnnual report
「The Group's business activities may be disrupted by unstable political and social conditions in various countries and regions, including outbreaks of infectious diseases, terrorism, crime, civil unrest and conflict.」
The risk of business interruption caused by natural disasters, infectious diseases, terrorism, conflict and supply-chain disruptions remains ongoing. - FY2016First statedAnnual report
「If the Group's facilities are directly damaged or destroyed by a major natural disaster, the Group's business activities may be interrupted, and the start of new production or shipment of inventory may be delayed.」
Business continuity risks, including risks related to domestic and overseas research and development and manufacturing sites, the supply chain, customer operations and insufficient insurance coverage.