Risk of Production Stoppages Due to Disasters, Power Outages, etc.
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2018: 33 of 131 companies on the "Worse" side.
- FY2024RestatedAnnual report
「As measures, the company is working to mitigate disaster risks by strengthening disaster mitigation measures and conducting initial response drills to improve employees' disaster response capabilities. It is also strengthening the company-wide BCP (business continuity plan) through production recovery drills assuming the occurrence of major natural disasters, infectious diseases and other events, increasing inventories of electronic components for BCP purposes, and conducting alternative simulations such as shifting production to external suppliers in an emergency.」
The company continues to conduct initial response drills, maintain its company-wide BCP, conduct production recovery drills, maintain inventories of electronic components and simulate shifting production to external suppliers. - FY2022RestatedAnnual report
「As measures, the company is working to mitigate disaster risks by strengthening disaster mitigation measures and conducting initial response drills to improve employees' disaster response capabilities. It is also strengthening the company-wide BCP (business continuity plan) through production recovery drills assuming the occurrence of major natural disasters, infectious diseases and other events, increasing inventories of electronic components for BCP purposes, and conducting alternative simulations such as shifting production to external suppliers in an emergency.」
The company continues to conduct initial response drills, maintain its company-wide BCP, conduct production recovery drills, increase inventories and simulate shifting production to external suppliers. - FY2020MitigatedAnnual report
「As measures, the company is working to mitigate disaster risks by strengthening disaster mitigation measures and conducting initial response drills to improve employees' disaster response capabilities. It is also strengthening the company-wide BCP (business continuity plan) through production recovery drills assuming the occurrence of major natural disasters, infectious diseases and other events, increasing inventories of electronic components for BCP purposes, and conducting alternative simulations such as shifting production to external suppliers in an emergency.」
The company has translated its response to production stoppage risks arising from natural disasters, power outages and other events into specific measures, including initial response drills, a company-wide BCP, production recovery drills, inventory increases and simulations of shifting production to external suppliers. - FY2019RestatedAnnual report
「In preparation for unforeseen disasters, the Group is focusing on developing its crisis management framework. However, there is no guarantee that the effects of disasters, power outages or other events occurring at production facilities can be completely prevented, and production and delivery activities may be suspended, potentially materially affecting operating results and financial condition.」
The company continues to disclose its crisis management framework and the remaining risks that could lead to production stoppages. - FY2018RestatedAnnual report
「In preparation for unforeseen disasters, the Group is focusing on developing its crisis management framework. However, there is no guarantee that the effects of disasters, power outages or other events occurring at production facilities can be completely prevented, and production and delivery activities may be suspended, potentially materially affecting operating results and financial condition.」
The company continues to disclose its crisis management framework and the remaining risks that could lead to production stoppages. - FY2017RestatedAnnual report
「In preparation for unforeseen disasters, the Group is focusing on developing its crisis management framework. However, there is no guarantee that the effects of disasters, power outages or other events occurring at production facilities can be completely prevented, and production and delivery activities may be suspended, potentially materially affecting operating results and financial condition.」
The company continues to disclose its crisis management framework and the remaining risks that could lead to production stoppages. - FY2016First statedAnnual report
「However, there is no guarantee that the effects of disasters, power outages or other events occurring at production facilities can be completely prevented, and production and delivery activities may be suspended, potentially materially affecting operating results and financial condition.」
The company identifies the development of its crisis management framework as a key initiative while also disclosing the remaining risk of production stoppages.