Business impacts of disasters, seasonal fluctuations and population decline
First written in FY2018. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 11 of 19 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If earthquakes, tsunamis, typhoons, floods, heavy snowfall or other events cause serious disruption to social infrastructure, or if the Group's branches or facilities suffer significant damage, it may become difficult to conduct operations normally」
The risk of natural disasters, including earthquakes, tsunamis, typhoons, floods and heavy snowfall, associated with operating nationwide continues to be disclosed. - FY2022RestatedAnnual report
「The Group operates nationwide, primarily in Tokyo and also in Nagoya, Osaka, Fukuoka and other locations. Under its NHK operations, it conducts individual visits to people who have not entered into contracts and others, using each branch as a base. If earthquakes, tsunamis, typhoons, floods, heavy snowfall or other events cause serious disruption to social infrastructure, or if the Group's branches or facilities suffer significant damage, it may become difficult to conduct operations normally, which could affect the Group's performance.」
The risk of natural disasters associated with door-to-door sales from locations nationwide continues to be disclosed. - FY2021RestatedAnnual report
「The Group operates nationwide, centered on Tokyo and including Nagoya, Osaka, Matsuyama, Hiroshima and Fukuoka. For its NHK business, the Group makes individual visits to non-subscribers and others from its branches. If a major disruption to social infrastructure occurs in the future due to an earthquake, tsunami, typhoon, flood, heavy snowfall or other event, or if the Group's branches or facilities suffer major damage, it could become difficult to conduct business normally, which could affect the Group's operating performance.」
The risk of natural disasters associated with door-to-door sales from locations nationwide continues to be disclosed. Seasonal fluctuations and declines in population and the total number of households also continue to be disclosed as risks. - FY2020RestatedAnnual report
「The Group operates nationwide, centered on Tokyo and including Nagoya, Osaka, Matsuyama, Hiroshima and Fukuoka. For its NHK business, the Group makes individual visits to non-subscribers and others from its branches. If a major disruption to social infrastructure occurs in the future due to an earthquake, tsunami, typhoon, flood, heavy snowfall or other event, or if the Group's branches or facilities suffer major damage, it could become difficult to conduct business normally, which could affect the Group's operating performance.」
The disclosure continues to describe disaster risks associated with nationwide customer-visit sales operations. It also continues to disclose the risks of seasonality and declines in population and the total number of households. - FY2018First statedAnnual report
「If a major disruption to social infrastructure occurs in the future because of an earthquake, tsunami, typhoon, flood, heavy snowfall or other event, or if our branches or facilities suffer significant damage, it may become difficult to conduct operations normally, which could affect our results.」
Given its nationwide network of door-to-door sales locations, the company identifies natural disasters, delays during peak seasons, and declines in population and total households as risks to results.