Impact of Large-Scale Disasters on Business Performance and Operations
First written in FY2022-Q3. 3 of 5 entries say "Materialised", first in FY2024-Q3. Latest entry: FY2025-H1.
The whole theme swung hardest in 2018: 21 of 93 companies on the "Worse" side.
- FY2025-H1MaterialisedAnnual report
「In September, record rainfall centered on the Noto region caused extensive damage once again. The reconstruction of people’s lives and livelihoods following this “double disaster” is expected to take considerable time.」
Following the Noto Peninsula Earthquake, record rainfall in September 2024 caused extensive damage, and the disclosure describes the prolonged reconstruction of local lives and livelihoods. - FY2024MaterialisedAnnual report
「The Reiwa 6 Noto Peninsula Earthquake, which occurred on 1 January 2024, caused damage including the temporary closure of some 株式会社北國銀行 branches, but there were no significant casualties among the Group’s officers and employees.」
The Noto Peninsula Earthquake caused damage to branches and temporary closures, and the consolidated financial statements included ¥329 million in disaster-related losses. - FY2024-Q3MaterialisedAnnual report
「The Reiwa 6 Noto Peninsula Earthquake, which began on 1 January 2024 and has continued to affect the region, caused damage to the Group’s business locations and borrowers, among others. The impact of the disaster on the Group’s financial condition, operating results, and cash flows is still under investigation, and it is currently difficult to reasonably estimate the amount involved.」
Previously, large-scale disasters were described as future risks, but the Noto Peninsula Earthquake caused actual damage to business locations and borrowers, among others. The financial impact is under investigation, and the Group states that a reasonable estimate of the amount is difficult. - FY2023RestatedAnnual report
「The Group has established systems, conducted repeated training, and made improvements in preparation for emergencies, and appropriately manages disaster risk. However, if a large-scale disaster occurs, it could adversely affect the Group’s operating performance and financial condition.」
The Group has reiterated its systems, training, and improvements for disasters, as well as the risk of their impact if they occur. - FY2022-Q3First statedAnnual report
「The Group has established systems, conducted repeated training, and made improvements in preparation for emergencies, and appropriately manages disaster risk. However, if a large-scale disaster occurs, it could adversely affect the Group’s operating performance and financial condition.」
While establishing systems, conducting training, and making improvements for emergencies, the Group identifies the possibility of a large-scale disaster as a risk.