Concentration of Production and Development Sites in Japan, Taiwan and East Asia, and Disaster Risk
First written in FY2018. 1 of 3 entries say "Worsened", first in FY2020. Latest entry: FY2021.
The whole theme swung hardest in 2020: 21 of 73 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Group carries out regular maintenance, replacement and other measures to address aging production equipment and maintain and improve continuous production activities. However, major earthquakes or other disasters exceeding the Group’s expectations, unexpected serious equipment failures, or industrial accidents could disrupt its production and R&D operations.」
The concentration of production and R&D sites and the risks of disasters, equipment failures and industrial accidents continue to be disclosed, along with measures including regular maintenance and replacement. - FY2020WorsenedAnnual report
「Major earthquakes or other disasters exceeding the Group’s expectations, unexpected serious equipment failures, or industrial accidents could disrupt the Group’s production and R&D operations and affect its financial results.」
In addition to the previously disclosed risk of disasters such as earthquakes, serious equipment failures and industrial accidents have been identified as risks to the production and R&D operations. - FY2018First statedAnnual report
「Because the region has a high risk of disasters such as earthquakes, the Group has taken measures including installing seismic isolation systems at its main production facilities. However, if a major earthquake exceeding the Group’s expectations occurs, it could disrupt its production and R&D operations and affect its financial results.」
The concentration of production and R&D sites in Japan, Taiwan and East Asia, and the risk of operational disruption caused by an earthquake exceeding expectations, have been newly disclosed as a standalone risk.