Natural Disasters, Infectious Diseases and Supply Chain Disruptions
First written in FY2016. 5 of 9 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2024.
Panasonic Holdings moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 20 of 38 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「In fiscal 2023, the Group began operating a “Disaster Portal” that enables the timely reporting and centralization of damage conditions at each site across the Group. … In January 2024, it conducted a Group-wide disaster preparedness exercise based on a scenario involving extensive damage centered on the Kansai region following a Nankai Trough earthquake.」
BCP and disaster preparedness measures became more specific through the launch of the Disaster Portal, a Group-wide exercise based on a Nankai Trough earthquake scenario, and on-site inspections. - FY2023MitigatedAnnual report
「In fiscal 2022, the company revised its “Business Continuity Management (BCM) Guidelines,” incorporating the Cabinet Office’s latest damage scenarios for Nankai Trough and Tokyo metropolitan inland earthquakes and corresponding disaster prevention and mitigation measures, while clarifying coordination with the BCPs of the procurement, logistics, IT, and other functions to improve effectiveness.」
As part of its response to natural disasters, infectious diseases, and supply chain disruptions, the company revised its BCM Guidelines to reflect the latest earthquake scenarios and coordination with the BCPs of procurement, logistics, and IT. - FY2022MitigatedAnnual report
「The company also conducts annual training for the “Company-wide Emergency Response Headquarters” based on emergency scenarios, and in January 2022 conducted a company-wide disaster preparedness exercise for the “Company-wide Emergency Response Headquarters” based on a Nankai Trough earthquake scenario.」
In addition to reviewing the BCP, the company conducted a company-wide exercise in January 2022 based on a Nankai Trough earthquake scenario, specifying its disaster response measures. - FY2021MitigatedAnnual report
「To reduce these risks, the Group regularly reviews its BCP (business continuity plan). It also conducts annual training for the “Company-wide Emergency Response Headquarters” based on emergency scenarios to strengthen its response capabilities in the event of an emergency.」
The company disclosed regular BCP reviews and annual training for the Company-wide Emergency Response Headquarters as measures to address natural disasters, infectious diseases, and supply chain disruptions. - FY2021-Q2MitigatedAnnual report
「In the second quarter, market conditions recovered in line with the lifting of restrictions on movement and the progress of economic reopening in various countries. Supply-side issues were also resolved, and conditions are gradually improving.」
The supply-side impact on the supply chain from lockdowns and other factors was resolved as economic activity resumed, and conditions improved gradually. - FY2021-Q1MaterialisedAnnual report
「While the impact on the supply chain in China was moving toward resolution, supply-side impacts such as factory shutdowns caused by lockdowns occurred in Asia and other regions.」
Regarding supply chain risks associated with COVID-19, the impact in China was moving toward resolution, while factory shutdowns caused by lockdowns actually occurred in Asia and other regions. - FY2020MaterialisedAnnual report
「On the supply side, supply chain issues in China are being resolved, but factory shutdowns caused by lockdowns have affected Asia and other regions.」
With respect to the risk of supply chain disruptions caused by infectious diseases and disasters, factory shutdowns caused by lockdowns actually occurred in Asia and other regions. - FY2017-Q1MaterialisedAnnual report
「Revenue declined due to the impact of foreign exchange rates, lower overseas sales in the communications business, including fixed-line telephones, and, in part, the impact of the Kumamoto Earthquake on component procurement.」
The Kumamoto Earthquake actually affected component procurement. - FY2016First statedAnnual report
「If a natural disaster such as an earthquake, tsunami, or flood, including one caused by climate change, or a fire, explosion, war, or act of terrorism occurs, employees, facilities, information systems, and other assets at the Group’s sites may suffer significant damage, some operations may be interrupted, and production and shipments may be delayed.」
The disclosure covered impacts not only on the company’s own sites, but also on the supply chain, including component suppliers and customers.