Risk of Business Interruption from Natural Disasters
First written in FY2024. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2018: 22 of 98 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「The group has taken measures such as moving product and component inventories and production-related automated equipment to safer locations based on hazard maps and other information. However, if a natural disaster such as a typhoon, flood, earthquake or tsunami exceeding expectations occurs, business activities may be interrupted by the shutdown of facilities, damage to equipment, suspension of electricity, water or gas supplies, communications outages, delays in component deliveries from suppliers, damage to the supply chain and other factors, potentially adversely affecting the group’s business results and other matters.」
To address natural-disaster risks, the company is moving inventories and production equipment to safer locations based on hazard maps and developing business continuity plans for each facility and subsidiary. - FY2024First statedAnnual report
「If a natural disaster such as a typhoon, flood, earthquake or tsunami exceeding expectations occurs, business activities may be interrupted by the shutdown of facilities, damage to equipment, suspension of electricity, water or gas supplies, communications outages, delays in component deliveries from suppliers, damage to the supply chain and other factors, potentially adversely affecting the group’s business results and other matters.」
Against a backdrop of increasingly severe and frequent natural disasters, the company separately discloses the risk of business interruption caused by the shutdown or damage of facilities, equipment, infrastructure, suppliers and the supply chain.