Large-Scale Natural Disasters and Infectious Diseases Including Novel Viruses
First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 69 of 114 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The Company is working to establish a crisis management framework and take measures in preparation for emergencies. However, if a natural disaster such as a typhoon, earthquake, or tsunami occurs, the business activities of the Company or its business partners may be affected, which may affect the Company's operating results and financial condition.」
Risk disclosure focused on natural disasters, without reference to novel viruses, and measures through the crisis management framework continue to be described. - FY2024SoftenedAnnual report
「However, if a natural disaster such as a typhoon, earthquake, or tsunami occurs, the business activities of the Company or its business partners may be affected, which may affect the Company's operating results and financial condition.」
The reference to infectious diseases such as novel viruses included in the previous disclosure has been removed from this year's description of the risk, which now focuses on natural disasters. - FY2022RestatedAnnual report
「If a natural disaster such as a typhoon, earthquake, or tsunami occurs, or if an infectious disease such as a novel virus occurs and spreads on a scale substantially exceeding expectations, the business activities of the Company or its business partners may be affected, which may affect the Company's operating results and financial condition.」
General risks relating to large-scale natural disasters and infectious diseases such as novel viruses continue to be described. - FY2021First statedAnnual report
「However, if a natural disaster such as a typhoon, earthquake, or tsunami occurs, or if an infectious disease such as a novel virus occurs and spreads on a scale substantially exceeding expectations, the business activities of the Company or its business partners may be affected, which may affect the Company's operating results and financial condition.」
The Company describes the effects of natural disasters and infectious diseases such as novel viruses on its own and its business partners' operations as a general risk separate from risks specific to COVID-19.