Disruptions to Procurement, Production and Sales Caused by Disasters
First written in FY2017. 1 of 4 entries say "Worsened", first in FY2019. Latest entry: FY2022.
The whole theme swung hardest in 2018: 32 of 131 companies on the "Worse" side.
- FY2022Alternative production by unaffected Group companies and other parties added as a response measureAnnual report
「If a disaster, power outage or other event occurs, the Group will promote outsourcing production to an unaffected Group company or a peer company in accordance with its internal rules and other procedures, so that operations can be restored promptly.」
In addition to protecting production facilities for pressure-sensing components, the company specified business continuity measures involving outsourced production by an unaffected Group company or peer company. - FY2020RestatedAnnual report
「In preparation for emergencies, the Group's policy is to take measures focused on protecting the production facilities for the pressure-sensing components that are central to its products.」
The risk of procurement, production and sales disruptions caused by earthquakes, storms and floods, power outages and fires was reiterated, with a policy of prioritizing the protection of production facilities for pressure-sensing components. - FY2019Power outages and fires added to disaster risksAnnual report
「If large-scale earthquakes, storms and floods or other natural disasters, or power outages and fires, cause delays or disruptions in the procurement of raw materials and parts, production activities or product sales, and these continue for an extended period, they may affect the performance and financial condition of the Group.」
The scope of the business continuity risks was specified as including power outages and fires, in addition to conventional disaster risks such as earthquakes. - FY2017First statedAnnual report
「If earthquakes or other disasters cause delays or disruptions in the procurement of raw materials and parts, production activities or product sales, and these continue for an extended period, they may affect the performance and financial condition of the Group.」
The possibility that earthquakes and other disasters could cause prolonged disruption to procurement, production and sales is identified as a business continuity risk.