Demand Fluctuations and Business Interruptions Caused by Weather Conditions and Disasters
First written in FY2016. 5 of 8 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2020.
Muraki moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2022: 11 of 19 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- FY2020MaterialisedAnnual report
「During the consolidated fiscal year, natural disasters, adverse weather, rising fuel prices and changes in the sales mix affected revenue.」
It states that natural disasters and adverse weather, together with rising fuel prices and other factors, actually affected full-year revenue. - FY2020-Q3RestatedAnnual report
「However, successive natural disasters and consumer trends following the consumption tax increase are causing concern as downside risks to the economy.」
It continues to identify natural disasters as a factor of concern because of the risk that they could weaken the economy and demand, together with consumer trends following the consumption tax increase. - FY2019MaterialisedAnnual report
「However, adverse weather during the peak season, natural disasters and persistently high fuel prices prolonged consumers' tendency to economize and reduced their interest in car-care products. As a result, sales of our core products, including oil filters, wiper blades and batteries, fell below plan.」
It states that adverse weather and natural disasters, together with persistently high fuel prices, affected consumer demand and caused sales of core products to fall below plan. - FY2019-Q2MaterialisedAnnual report
「Damage from typhoons and torrential rain in Kyushu, Chugoku and Shikoku, Kinki and the Chubu region, as well as the 2018 Hokkaido Eastern Iburi Earthquake and other natural disasters, cast a shadow over sales of non-fuel products.」
It states that natural disasters, including typhoons, torrential rain and the 2018 Hokkaido Eastern Iburi Earthquake, occurred and actually affected sales of non-fuel products. - FY2018-Q2MaterialisedAnnual report
「Revenue from car maintenance at service stations was affected significantly by adverse weather during the peak season and remained in a challenging environment. As a result, weak sales of oil filters and batteries, our core products and functional components, affected revenue. Related products for value-added car washing showed steady growth, but sales of standard car-wash machine detergents fell sharply, partly because of adverse weather.」
It states that adverse weather during the peak season significantly affected car-maintenance revenue, with actual operating impacts arising from weak sales of functional components and standard car-wash machine detergents. - FY2017RestatedAnnual report
「We will work to control procurement so as to minimize the impact of weather conditions on sales. However, if changes in weather conditions beyond our expectations or natural disasters such as earthquakes interrupt business activities, this may affect our Group's operating results.」
It reiterates demand fluctuations and business interruptions caused by weather and disasters as risks, with procurement controls as a mitigation measure. - FY2017-Q1MaterialisedAnnual report
「Abnormally low rainfall and other adverse weather conditions became an obstacle to sales of wiper blades, the main product during the fiscal period,」
The risk of demand fluctuations caused by abnormal weather actually affected operating results during the quarter by hindering wiper-blade sales. - FY2016First statedAnnual report
「The car-care products handled by our Group are susceptible to weather conditions, and abnormal weather, such as a cool summer, a warm winter or a dry rainy season, may cause significant changes in consumer demand.」
It identifies changes in demand caused by abnormal weather and interruptions to business activities caused by earthquakes and other events as risks, and also mentions mitigating their impact through procurement controls.