Production stoppages and reputational damage due to occupational accidents and other incidents
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2024-Q3.
Meidensha moved to the "Worse" side of this theme in 2024, 6 years after the typical company in this theme (2018).
The whole theme swung hardest in 2017: 3 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2024-Q3MaterialisedAnnual report
「The loss arising from the fire at the Company’s Numazu site on 4 October 2023 has been recognized. This loss includes the estimated amount to the extent that a reasonable estimate is currently possible.」
A fire actually occurred at the Numazu site, and a fire loss of ¥735 million was recognized as an extraordinary loss. Insurance proceeds of ¥207 million were also recognized, while insurance proceeds not yet finalized are scheduled to be recognized once the amount is determined. - FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risk of production stoppages and reputational damage due to occupational accidents and other incidents. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the risk of production stoppages and reputational damage due to occupational accidents and other incidents. - FY2021First statedAnnual report
「If an unforeseen event such as a serious occupational accident, fire or equipment failure occurs within the Group and employees are injured, if production activities are halted and delivery deadlines to customers are delayed, or if local residents suffer harm, the Group’s productivity, business performance, financial position and social credibility may be affected.」
The company has disclosed occupational accidents, fires and equipment failures causing production stoppages, delivery delays, harm to local communities and reputational damage as new risks.