Business interruption risks from earthquakes, typhoons, pandemics and other events
First written in FY2017. 2 of 5 entries say "Materialised", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2020: 75 of 117 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「After establishing BCPs at all sites, we will systematically develop personnel backup systems and secure alternative means of operating facilities. We will also successively investigate and assess suppliers' disaster preparedness and consider measures such as securing alternative procurement sources based on the results.」
Responses to disaster risks were given concrete form through BCPs at all sites, personnel backup systems, equipment alternatives, supplier assessments, and securing alternative procurement sources. - FY2022RestatedAnnual report
「We have formulated business continuity plans for our major domestic sites and are working to strengthen our ability to respond to emergencies by conducting regular drills and taking other measures. We have also introduced and operate a safety confirmation system to confirm the safety of officers and employees, including their families, during emergencies.」
Disaster risks such as earthquakes, typhoons, and pandemics, and responses through BCPs, drills, and the safety confirmation system, continued to be described. - FY2020MaterialisedAnnual report
「The global COVID-19 pandemic caused delays in construction progress on some overseas projects, while no significant delays were seen in the progress of major domestic projects.」
Regarding the previously identified risk of business interruption from disasters and pandemics, delays in construction progress on some overseas projects actually occurred as a result of COVID-19. - FY2019MaterialisedAnnual report
「Losses from disasters during the current consolidated fiscal year consisted of asset disposal losses and restoration costs resulting from Typhoon Jebi, which occurred in September 2018, among other items.」
Disaster risk materialized, and a loss of ¥870 million was recorded in relation to asset write-offs, restoration costs, and other expenses resulting from Typhoon No. 21 in September 2018. - FY2017First statedAnnual report
「To minimize damage from disasters including earthquakes, typhoons and pandemics, our group is developing business continuity plans, conducting inspections and drills, and establishing emergency contact systems. However, personal injury and property damage resulting from these disasters may adversely affect our group’s business performance and financial position.」
Multiple natural disasters and infectious diseases, together with the possibility of resulting human and property damage, were identified as business risks.