Risk of Supply Chain Disruptions Due to Natural Disasters and Other Events
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2024.
Twinbird moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 20 of 38 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「During the fiscal year, the Company recognized the amount expected to be incurred in preparation for expenditures required to restore assets damaged by the Noto Peninsula Earthquake and for related purposes.」
The risk associated with natural disasters materialized in the form of asset damage caused by the Noto Peninsula Earthquake, and the Company recognized a provision for disaster losses of ¥17.788 million for restoration and related costs. - FY2021RestatedAnnual report
「The Group has prepared BCP documents and response manuals for emergencies, while seeking to transfer risk through insurance.」
The risk of production, sales, logistics and service disruptions and supply chain disruption caused by natural disasters, infectious diseases and other events remains, with BCP documents, response manuals and insurance serving as countermeasures. - FY2020First statedAnnual report
「If natural disasters such as earthquakes, floods, typhoons or infectious diseases occur in areas where the Group conducts business in Japan or overseas, the business activities of the Group and its business partners, including production, sales, logistics and services, may be suspended, potentially disrupting the supply chain.」
It states that earthquakes, floods, typhoons, infectious diseases and other events could halt the production, sales, logistics and services of the Company and its business partners, disrupting the supply chain.