Impact of Natural Disasters and Extreme Weather on Business Activities and Food Ingredient Production
First written in FY2018. 2 of 9 entries say "Restated". Latest entry: FY2023-Q1.
Matsuda Sangyo moved to the "Worse" side of this theme in 2021, 3 years after the typical company in this theme (2018).
The whole theme swung hardest in 2020: 14 of 21 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2023-Q1MaterialisedAnnual report
「During the cumulative consolidated period under review, the global economy showed signs of recovery, but concerns arose over downside risks due to inflation and supply-side constraints. In Japan, the outlook remained uncertain as the rapid depreciation of the yen increased procurement costs and rising prices caused personal consumption to stagnate.」
Constraints on supply, rising prices, rapid yen depreciation and higher procurement costs continue to characterize the actual business environment. - FY2022WorsenedAnnual report
「⑥ Natural disasters, climate change and infectious disease outbreaks” If extreme weather resulting from climate change or other factors occurs, it may affect the production of products handled by the Group’s food-related business and may affect business performance and financial position. In addition, if an unknown infectious disease or similar illness spreads, business operations may be affected by disruptions to production and other activities.」
The risk of natural disasters is organized to include the risks of disruptions to production, procurement and business activities caused by climate change, extreme weather and infectious disease outbreaks. - FY2022-Q3RestatedAnnual report
「Global supply chain disruptions, including container shortages, have also continued, creating a situation in which continued attention is required to ensure a stable supply of food resources.」
Global supply chain disruptions, including container shortages, and the risk of disruption to the supply of food resources continue. - FY2022-Q2Supply disruptions, including container shortages, continueAnnual report
「Global supply-chain disruptions, including container shortages, have also continued, creating a situation that requires ongoing attention to ensure a stable supply of food resources.」
Global supply chain disruptions continue, and the risk of disruption to the supply of food resources, including container shortages, remains a specific concern. - FY2022-Q1MaterialisedAnnual report
「Global supply chain disruptions have also continued, creating a situation in which continued attention is required to ensure a stable supply of food resources.」
The previous concern over supply chain disruptions is described as a situation in which global disruptions have continued and continued attention is required to ensure a stable supply of food resources. - FY2021-Q1Specific concern over supply chain disruptionsAnnual report
「In addition, in the food-related business, amid concerns over supply chain disruptions caused by the spread of COVID-19, we fulfilled our responsibility to maintain a stable supply, while diligently developing and providing products that meet customer needs and working to increase sales volume.」
Regarding the risk of infectious disease outbreaks, specific concern over disruptions to the food-related business’s supply chain has been described in addition to the previously stated general possibility of an impact on business. - FY2020Added the risk of infectious disease outbreaksAnnual report
「In addition, if an unknown infectious disease or similar illness spreads, business operations may be affected by disruptions to production and other activities. To prepare for pandemics and similar events, the Group works to prevent infections among employees and others through telework, including working from home, staggered working hours and shift work, while also developing systems to ensure the supply of products, merchandise and services.」
In addition to the existing risks from natural disasters and extreme weather, the risk of disruptions to production, procurement and business activities caused by infectious disease outbreaks, together with countermeasures, has been explicitly described. - FY2019RestatedAnnual report
「To prepare for the occurrence of major disasters, we have introduced an employee safety confirmation system, conduct disaster-preparedness drills and take various other measures to ensure business continuity. However, these measures cannot completely prevent damage and may affect business performance and financial position.」
The risks of natural disasters and extreme weather, together with the employee safety confirmation system, disaster-preparedness drills and business continuity measures, continue to be disclosed. - FY2018First statedAnnual report
「To prepare for the occurrence of major disasters, we have introduced an employee safety confirmation system, conduct disaster-preparedness drills and take various other measures to ensure business continuity. However, these measures cannot completely prevent damage and may affect business performance and financial position. In addition, extreme weather resulting from climate change or other factors may affect the production of products handled by the Group’s food-related business.」
The impact of natural disasters and extreme weather is explicitly identified as a risk, with an employee safety confirmation system, disaster-preparedness drills and business continuity measures listed as responses.