Risk of Operational Shutdowns Due to Large-Scale Earthquakes and Natural Disasters
First written in FY2016. 4 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2018: 32 of 131 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The Group's countermeasures include formulating a business continuity plan (BCP) based on the assumption that a major earthquake or similar event could occur, conducting disaster drills, and strengthening systems for the continuation and recovery of operations. In addition, the Company has introduced an employee safety confirmation system and established a system to ascertain employees' situations in the event of an emergency.」
In addition to the existing BCP, disaster drills and insurance coverage, an employee safety confirmation system was introduced. - FY2024AdvancedAnnual report
「All domestic production plants are covered by fire and wind-and-flood insurance. In addition, the main production sites in Inuyama, Aichi Prefecture; Seki, Gifu Prefecture; Gujo, Gifu Prefecture; Narashino, Chiba Prefecture; Kōzaki, Katori District, Chiba Prefecture; Yaita, Tochigi Prefecture; Minamiaizu, Minamiaizu District, Fukushima Prefecture; and Takeo, Saga Prefecture, are covered by earthquake insurance up to the insured limits.」
Regarding natural disaster response, the main production sites covered by earthquake insurance have been specified as sites in 8 regions, compared with the previous 5 plants. - FY2021AdvancedAnnual report
「All domestic production plants are covered by fire and wind-and-flood insurance. In addition, the main production plants in Inuyama, Aichi Prefecture; Seki, Gifu Prefecture; Gujo, Gifu Prefecture; Yaita, Tochigi Prefecture; and Takeo, Saga Prefecture, are covered by earthquake insurance up to the insured limits.」
The document specifies the insurance coverage for natural disasters: fire and wind-and-flood insurance for all domestic production plants and earthquake insurance for the 5 main plants. - FY2020AdvancedAnnual report
「The Group's countermeasures include formulating a business continuity plan (BCP) based on the assumption that a major earthquake or similar event could occur, conducting disaster drills, and strengthening systems for the continuation and recovery of operations. In addition to fire and wind-and-flood insurance, the main plants in Inuyama, Aichi Prefecture; Seki, Gifu Prefecture; Gujo, Gifu Prefecture; and Takeo, Saga Prefecture, are covered by earthquake insurance up to the insured limits.」
The document expressly states that disaster drills are conducted under the BCP and identifies 4 main plants covered by earthquake insurance. - FY2017MitigatedAnnual report
「The Group has formulated a business continuity plan (BCP) based on the assumption that a major earthquake or similar event could occur, and is further strengthening systems for the continuation and recovery of critical operations. The main plants in Inuyama, Aichi Prefecture, and Seki, Gifu Prefecture, are covered by earthquake insurance up to the insured limits.」
The formulation of a BCP, strengthening of response systems, and earthquake insurance for the main plants are described as measures against natural disaster risks. - FY2016First statedAnnual report
「A major earthquake could disrupt the Group's production activities and affect its business results and financial position.」
Risks of earthquakes, floods and supply shortages based on the locations of the main domestic plants. Business continuity planning, maintenance and renovations are listed as countermeasures.