Suspension of Production, Procurement and Logistics Due to Earthquakes and Other Disasters
First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2022.
Togami Electric Mfg. moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 14 of 33 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2022WorsenedAnnual report
「Saga City, Saga Prefecture, where our group's main base is located, is a region that experiences relatively frequent wind and flood damage. In addition, as the entire Japanese archipelago is an earthquake-prone region, we cannot rule out the possibility of a major earthquake occurring in the future. Other natural disasters, outbreaks of infectious diseases and geopolitical risks could also disrupt our production facilities, the procurement of production materials or the securing of logistics routes, temporarily suspending the production or sale of products and potentially affecting our group's operating performance.」
In addition to the existing risks from earthquakes, natural disasters and infectious diseases, specific risks from wind and flood damage in Saga City, Saga Prefecture, and geopolitical risks were identified, expanding the scope of the risks of procurement and logistics suspensions. - FY2020ReframedAnnual report
「In addition, other natural disasters and outbreaks of infectious diseases such as COVID-19 could seriously affect our group's production facilities and disrupt the procurement of production materials or the securing of logistics routes, temporarily suspending the production or sale of products and potentially affecting our group's operating performance.」
In addition to natural disasters, the potential for production, procurement and logistics suspensions caused by outbreaks of infectious diseases such as COVID-19 was explicitly stated. - FY2020-Q3RestatedAnnual report
「The record rainfall that struck northern Kyushu in August 2019 caused flood damage to part of our product inventories. As a result, an extraordinary loss of ¥62.595 million was recognized as a loss from disaster during the cumulative third-quarter consolidated accounting period. The amount of the extraordinary loss already recognized during the cumulative second-quarter consolidated accounting period remains unchanged. In addition, ¥80.226 million presented by the insurance company as the insurance proceeds related to the disaster caused by the heavy rainfall is scheduled to be recognized as insurance proceeds under extraordinary income in the fourth-quarter consolidated accounting period.」
The flood damage to product inventories caused by heavy rainfall in northern Kyushu and the recognition of a ¥62.595 million disaster loss continued to be disclosed. The company also indicated that the ¥80.226 million amount presented by the insurer was scheduled to be recognized as insurance proceeds in the following quarter. - FY2020-Q2MaterialisedAnnual report
「The record rainfall that struck northern Kyushu in August 2019 caused flood damage to part of our product inventories. As a result, an extraordinary loss of ¥62.595 million was recognized as a loss from disaster during the cumulative second-quarter consolidated accounting period. Costs and other items that are difficult to estimate reasonably at this time are not included in the loss from disaster, so the amount recognized may change in the future.」
Flood damage to product inventories caused by a natural disaster actually occurred, and a ¥62.595 million disaster loss was recognized. It was also disclosed that the insurance proceeds had not been finalized and that the amount recognized could change in the future. - FY2019RestatedAnnual report
「As the entire Japanese archipelago is an earthquake-prone region, if a major earthquake or other disaster occurs in the future, it could seriously affect our group's production facilities and disrupt the procurement of production materials or the securing of logistics routes, temporarily suspending the production or sale of products and potentially affecting our group's operating performance.」
The risks of earthquakes and other disasters affecting production facilities, materials procurement and logistics, and of production and sales suspensions continue. - FY2018RestatedAnnual report
「If a major earthquake or other disaster occurs in the future, it could seriously affect our group's production facilities and disrupt the procurement of production materials or the securing of logistics routes, temporarily suspending the production or sale of products and potentially affecting our group's operating performance.」
The risks of earthquakes and other disasters affecting production facilities, materials procurement and logistics, and of production and sales suspensions, continue to be identified. - FY2017First statedAnnual report
「As the entire Japanese archipelago is an earthquake-prone region, if a major earthquake or other disaster occurs in the future, it could seriously affect our group's production facilities and disrupt the procurement of production materials or the securing of logistics routes, temporarily suspending the production or sale of products and potentially affecting our group's operating performance.」
The disclosure addresses the impact of disasters on production facilities, including major production sites, materials procurement and logistics routes.