Risk of a Major Earthquake Occurring in the Tokyo Metropolitan Area

「After the start of the year, production and exports showed weakness due to the suspension of operations at plants operated by some automobile manufacturers and the impact of the Noto Peninsula earthquake, causing the economic recovery to pause somewhat.」

「Our group’s head office, branches, computer network connection facilities and other facilities are exposed to the risk of damage from natural disasters such as earthquakes, typhoons and floods associated with climate change, as well as terrorism, other political and social conflicts, global pandemics, infectious diseases and other disruptions arising from external events beyond our group’s control.」

「If a major earthquake occurs in the Tokyo metropolitan area, our group’s principal operating region and a concentration point for important functions of the Japanese economy, including financial markets, it could inflict severe damage on the Tokyo metropolitan area and the Japanese economy, including declines in share prices and Japanese government bond prices and increases in customer bankruptcies and delinquencies, potentially affecting our group’s operations, business results and financial condition.」