Risk to Store Operations Continuity from Natural Disasters and Accidents
First written in FY2017. 3 of 7 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2025.
Aeon Hokkaido moved to the "Worse" side of this theme in 2018, the same year as the typical company in this theme.
The whole theme swung hardest in 2018: 9 of 17 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「In response to disasters and accidents, the Company has established an internal emergency response system, conducts training and provides accident-prevention education. However, a major natural disaster or accident could disrupt the Company's business activities and affect its operating results.」
The Company's response measures for natural disasters and accidents continue to comprise emergency procedures, training and accident-prevention education. - FY2021-Q2MitigatedAnnual report
「In May, we signed an agreement on support and cooperation during disasters with Hokkaido Gas Co., Ltd. to facilitate emergency disaster response and recovery measures in Hokkaido and support safe and secure lives in local communities.」
As part of its response to natural disasters, including business continuity and regional support, the Company added a support and cooperation framework with Hokkaido Gas Co., Ltd. - FY2019MaterialisedAnnual report
「In addition, the Company recognized a special loss of ¥1,558 million (disaster-related loss) and a special gain of ¥1,074 million (insurance proceeds) in connection with the earthquake, as well as an impairment loss of ¥1,407 million. Together with the reaction to the approximately ¥1.7 billion decrease in income taxes for the previous fiscal year, these factors resulted in net income for the fiscal year of ¥3,979 million (61.4% of plan), below the plan.」
Damage to business operations and equipment from the Hokkaido Eastern Iburi Earthquake was reflected in a ¥1,558 million disaster-related loss and ¥1,074 million in insurance proceeds. - FY2019-Q3MaterialisedAnnual report
「In addition, the Company recognized a special loss of ¥1,498 million related to the impact of the earthquake and other disasters, and a special gain of ¥650 million following the determination of part of its earthquake insurance claim.」
Damage from the Hokkaido Eastern Iburi Earthquake was reflected in a ¥1,498 million special loss, ¥650 million in earthquake insurance proceeds and recovery-related results. - FY2019-Q2MaterialisedAnnual report
「The 2018 Hokkaido Eastern Iburi Earthquake, which occurred on 6 September 2018, and the subsequent power outage across Hokkaido caused damage including partial destruction of stores. Inventory, including merchandise, and store equipment were also damaged, and the amount of the damage is currently under investigation.」
The Hokkaido Eastern Iburi Earthquake and the island-wide power outage caused actual damage to stores, inventory and equipment. The amount of the damage was under investigation. - FY2018RestatedAnnual report
「The Company relies primarily on sales at its stores, and natural disasters, accidents and other events may adversely affect the continued operation of its stores. In response to disasters and accidents, the Company has established an internal emergency response system and provides accident-prevention training. However, a major natural disaster or accident could disrupt the Company's business activities and affect its operating results and financial position.」
The risks posed by natural disasters and accidents to continued store operations, and the response through emergency procedures and accident-prevention training, have been reiterated. - FY2017First statedAnnual report
「The Company relies primarily on sales at its stores, and natural disasters, accidents and other events may adversely affect the continued operation of its stores. In response to disasters and accidents, the Company has established an internal emergency response system and provides accident-prevention training.」
The Company identifies the risk that reliance on store sales means natural disasters and accidents could affect continued operations, and describes its response through emergency procedures and accident-prevention training.