Damage to production and sales sites from natural disasters
First written in FY2017. 3 of 8 entries say "Worsened", first in FY2020. Latest entry: FY2025.
Aiphone moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 27 of 52 companies on the "Worse" side.
40 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, if a major natural disaster such as an earthquake beyond expectations occurs, or an infectious disease such as COVID-19 spreads globally and causes significant damage to the Group's business sites, suppliers, customers or other parts of its supply chain, operating results and other aspects of performance could be affected.」
The Company reaffirmed the risks posed by natural disasters and infectious diseases to its supply chain, including business sites, suppliers and customers, and the management of these risks through BCMS. - FY2022-Q3WorsenedAnnual report
「In addition to component shortages, production delays occurred for some products because of chronic labor-hour shortages caused by employees contracting COVID-19 and other factors.」
In addition to the existing component shortages and production restrictions, chronic labor-hour shortages and production delays caused by employee infections occurred in Vietnam, broadening the factors affecting the supply chain and production sites. - FY2022-Q2WorsenedAnnual report
「However, the Group was affected both in Japan and overseas, including by production delays for some products resulting from a fire at a supplier's plant and difficulty procuring components due to global tightness in electronic component supply and demand, as well as restrictions on production activities during the COVID-19 pandemic.」
In addition to a fire at a supplier's plant, global tightness in electronic component supply and demand and restrictions on production activities led to difficulty procuring components and production delays for some products in Japan and overseas. - FY2022-Q1MaterialisedAnnual report
「Global tightness in component supply and demand caused delays in component procurement, resulting in production delays for some products.」
Global tightness in component supply and demand has actually resulted in delays in component procurement and production delays for some products. - FY2021-Q1MaterialisedAnnual report
「The spread of COVID-19 caused delays and other disruptions in the procurement of some components.」
The Company states that delays in component procurement actually occurred in the supply chain due to the spread of an infectious disease. - FY2020WorsenedAnnual report
「However, if a major natural disaster such as an earthquake beyond expectations occurs, or an infectious disease such as COVID-19 spreads globally and causes significant damage to the Group's business sites, suppliers, customers or other parts of its supply chain, operating results and other aspects of performance could be affected.」
The Company broadens the scope of the natural-disaster risk to the supply chain, including suppliers and customers, and explicitly includes the global spread of infectious diseases. - FY2018RestatedAnnual report
「If a major natural disaster such as an earthquake causes significant damage to production or sales sites, operating results and other aspects of performance could be affected.」
The Company reiterates the risk of natural disasters affecting domestic and overseas production and sales sites. - FY2017First statedAnnual report
「The Company and its consolidated subsidiaries operate in various locations in Japan and overseas. If a major natural disaster such as an earthquake causes significant damage to production or sales sites, operating results and other aspects of performance could be affected.」
The Company describes the impact of major natural disasters on its dispersed domestic and overseas production and sales sites as a risk.