Business continuity risks associated with natural disasters and other events caused by climate change
First written in FY2021. 2 of 4 entries say "Reframed", first in FY2022. Latest entry: FY2026.
Musashi moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 23 of 51 companies on the "Worse" side.
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In addition, the transition to a decarbonized society could lead to higher carbon taxes and tighter emissions regulations, changes in customer needs for energy-efficient and low-carbon products and services, and growing demands to reduce GHG emissions throughout the supply chain. These developments could result in higher response costs and the loss of business opportunities.」
In addition to the existing business continuity risks from natural disasters and power outages, the disclosure now expressly identifies the transition to a decarbonized society, carbon taxes, emissions regulations, demand for low-carbon products and demands to reduce GHG emissions across the supply chain. - FY2024RestatedAnnual report
「Although each site has installed disaster-prevention equipment and taken other measures against unexpected natural disasters, the Group could suffer significant damage from large-scale earthquakes, tsunamis, typhoons, floods or volcanic eruptions exceeding the assumptions of its BCP (business continuity plan), as well as large-scale power outages, power shortages and other events resulting from such disasters.」
The disclosure continues to describe the business continuity risks from natural disasters, power outages and power shortages exceeding the assumptions of the BCP, despite the disaster-prevention measures in place. - FY2022ReframedAnnual report
「Although each site has installed disaster-prevention equipment and taken other measures against unexpected natural disasters, the Group could suffer significant damage from large-scale earthquakes, tsunamis, typhoons, floods or volcanic eruptions exceeding the assumptions of its BCP (business continuity plan), as well as large-scale power outages, power shortages and other events resulting from such disasters.」
The natural-disaster risk now expressly includes business impacts originating from disasters exceeding the assumptions of the BCP, in addition to the existing disaster-prevention equipment. - FY2021First statedAnnual report
「The Group has business sites in Japan, including manufacturing plants. Although each site has installed disaster-prevention equipment and taken other measures against unexpected natural disasters, the Group could suffer significant damage from large-scale earthquakes, tsunamis, typhoons, floods or volcanic eruptions exceeding expectations, as well as large-scale power outages, power shortages and other events resulting from such disasters.」
The risk that natural disasters, power outages and power shortages could cause production interruptions, disruptions to transportation routes and information and communications infrastructure failures, affecting business plans, operating performance and financial condition, has been described as a new risk.