Natural Disasters, Accidents, Power Outages and the Limitations of Business Continuity Plans
First written in FY2016. 6 of 13 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2024SoftenedAnnual report
「Regarding COVID-19, its classification under the Infectious Diseases Control Law was changed to Category 5 in May 2023, and the situation is currently considered to be contained. However, a renewed spread of COVID-19 could result in infections among the FDK Group, contractors or customers, shortages or delays in the supply of components from materials manufacturers, or measures taken by government authorities in Japan and overseas, potentially affecting the continued provision of products and services.」
COVID-19 is described as currently contained, indicating a reduced impact from the previously materialized effects, while the possibility of impacts on supply and business continuity in the event of a renewed spread remains. - FY2023RestatedAnnual report
「Although some containment is expected following the change in May 2023 of COVID-19's classification under the Infectious Diseases Control Law to Category 5, a renewed spread of COVID-19 could result in infections among the FDK Group, contractors or customers, shortages or delays in the supply of components from materials manufacturers, or measures taken by government authorities in Japan and overseas, potentially affecting the continued provision of products and services.」
While indicating that some containment of COVID-19 is expected, the company continues to indicate the possibility that a renewed spread of infection, shortages or delays in component supplies, and government measures could affect business continuity. - FY2023-Q1RestatedAnnual report
「While flexibly implementing measures to prevent the spread of COVID-19, the company worked to respond to increased demand, including by adding lithium battery production lines, and to ensure reliable product supplies to customers amid difficulties procuring components and logistics disruptions.」
Amid the continuing spread of COVID-19, difficulties in procuring components and logistics disruptions, the company has reaffirmed its response of expanding production lines and continuing product supply while implementing measures to prevent infection. - FY2022-Q3RestatedAnnual report
「While flexibly implementing measures to prevent the spread of COVID-19, the company worked to address increased demand, including by expanding lithium battery production lines, and to ensure the supply of products to customers amid difficulties in procuring components and logistics disruptions.」
Amid the continuing spread of COVID-19, difficulties in procuring components and logistics disruptions, the company has reaffirmed its response of continuing production and product supply while implementing measures to prevent infection. - FY2022-Q2RestatedAnnual report
「While flexibly implementing measures to prevent the spread of COVID-19, the company worked to respond to increased demand, including by adding lithium battery production lines, and to ensure reliable product supplies to customers amid difficulties procuring components and logistics disruptions.」
Amid the continuing spread of COVID-19, difficulties in procuring components and logistics disruptions, the company is working to expand production lines and maintain product supply while implementing measures to prevent infection. - FY2022-Q1MaterialisedAnnual report
「While flexibly implementing measures to prevent the spread of COVID-19, the company worked to respond to increased demand, including by adding lithium battery production lines, and to ensure reliable product supplies to customers amid difficulties procuring components and logistics disruptions.」
Amid the spread of COVID-19, difficulties in procuring components and logistics disruptions, measures to continue manufacturing and supplying products to customers were described. - FY2021-Q3MaterialisedAnnual report
「Amid continued supply chain disruption caused by the spread of COVID-19, the company worked to maintain business operations, including manufacturing products and supplying products to customers, while flexibly implementing measures to prevent the spread of infection, such as remote work and staggered commuting.」
Supply chain disruption caused by the spread of COVID-19 has continued, and the impact on manufacturing and product supply, together with the response to maintain business continuity, has been described. - FY2021-Q2MaterialisedAnnual report
「Amid continued supply chain disruption caused by the spread of COVID-19, the company worked to maintain business operations, including manufacturing products and supplying products to customers, while flexibly implementing measures to prevent the spread of infection, such as remote work and staggered commuting.」
Supply chain disruption caused by the spread of COVID-19 has continued, and an actual impact on manufacturing and product supply has occurred. - FY2021-Q1MaterialisedAnnual report
「Amid continued supply chain disruption caused by the spread of COVID-19, the company worked to maintain business operations, including manufacturing products and supplying products to customers, while flexibly implementing measures to prevent the spread of infection, such as remote work and staggered commuting.」
Supply chain disruption associated with the global spread of infectious diseases and its impact on business continuity also occurred during the quarter, and measures to continue manufacturing and supplying products were described. - FY2020MaterialisedAnnual report
「Regarding COVID-19, which has spread worldwide and had a significant impact, the FDK Group is prioritizing the safety of customers, business partners, employees and their families, as well as preventing the spread of infection, while advancing initiatives to continue providing products and services to customers.」
The infectious disease risk previously presented as a possibility materialized with the global spread of COVID-19, and the impact on business continuity was described. - FY2019RestatedAnnual report
「However, in recent years, global climate change has increased the frequency and severity of natural disasters such as typhoons, floods and heavy snowfall.」
The company continues to disclose the possibility that natural disasters, accidents, power outages, infectious diseases and volcanic eruptions could disrupt its business and supply chains. - FY2017RestatedAnnual report
「However, in recent years, global climate change has increased the frequency and severity of natural disasters such as typhoons, floods and heavy snowfall.」
The company continues to indicate that natural disasters, accidents, power outages, infectious diseases and volcanic eruptions could affect facilities, infrastructure and supply chains, potentially exceeding the assumptions underlying its BCP. - FY2016First statedAnnual report
「However, in recent years, global climate change has increased the frequency and severity of natural disasters such as typhoons, floods and heavy snowfall.」
The company indicates that natural disasters, major earthquakes, terrorism, accidents, infectious diseases and volcanic eruptions could damage facilities, infrastructure and supply chains, potentially resulting in shipment suspensions.