Impact of Disasters and Other Events on Sales Offices Concentrated in Major Cities
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2025.
Global Style moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2020: 9 of 34 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Provision for disaster losses - 43,121」
The company recorded a provision for disaster losses of ¥43.121 million during the fiscal year and also recorded insurance proceeds in the same amount. The main text does not specify the nature of the disaster or its relationship to the sales offices. - FY2024RestatedAnnual report
「Many of our sales offices are concentrated in the Tokyo metropolitan area and major cities across Japan. Accordingly, if a major natural disaster, such as a large earthquake, wind or flood damage, or an act of terrorism were to occur in any of these areas, it could affect our financial position and operating results.」
The risk that sales offices concentrated in major cities may be affected by natural disasters or acts of terrorism continues to be disclosed. - FY2023First statedAnnual report
「Many of our sales offices are concentrated in the Tokyo metropolitan area and major cities across Japan. Accordingly, if a major natural disaster, such as a large earthquake, wind or flood damage, or an act of terrorism were to occur in any of these areas, it could affect our financial position and operating results.」
Based on the geographic concentration of its sales offices, the company has identified the business impact of major earthquakes, wind or flood damage, and acts of terrorism as a new risk item.