Risk of Operational Disruption Due to Natural Disasters and Accidents
First written in FY2018. 3 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 32 of 131 companies on the "Worse" side.
- FY2026RestatedAnnual report
「In preparation for disasters such as fires, typhoons, and earthquakes, the Group has comprehensive business property insurance, which provides coverage for assets including buildings, machinery and equipment, and products. However, if a large-scale natural disaster or accident-related disaster such as a fire occurs, or if an infectious disease such as COVID-19 or a new strain of influenza emerges and spreads on a scale substantially beyond expectations, the Group's facilities and equipment may suffer significant damage, partially interrupting or halting operations and delaying production and shipments」
The company continues to disclose the risk of operational interruptions caused by natural or accident-related disasters and large-scale infectious diseases, as well as its response through comprehensive business property insurance. - FY2024ReframedAnnual report
「In preparation for disasters such as fires, typhoons, and earthquakes, the Group has comprehensive business property insurance, which provides coverage for assets including buildings, machinery and equipment, and products. However, if a large-scale natural disaster or accident-related disaster such as a fire occurs, or if an infectious disease such as COVID-19 or a new strain of influenza emerges and spreads on a scale substantially beyond expectations, the Group's facilities and equipment may suffer significant damage, partially interrupting or halting operations and delaying production and shipments」
The company has combined the risk of operational interruptions caused by large-scale outbreaks and spread of infectious diseases with the risks of natural and accident-related disasters. - FY2022MitigatedAnnual report
「In preparation for disasters such as fires and typhoons, the Group has comprehensive business property insurance, which provides coverage for assets including buildings, machinery and equipment, and products.」
As a response to damage caused by natural or accident-related disasters, the company explicitly states that it has comprehensive business property insurance. - FY2020RestatedAnnual report
「If a natural disaster such as an earthquake or typhoon, or an accident-related disaster such as a fire, occurs, the Group's facilities and equipment may suffer significant damage, partially interrupting or halting operations and delaying production and shipments. The disaster could also affect the Group's operating results and financial position through substantial expenses to repair the damaged facilities and equipment.」
The company continues to disclose the risk of operational interruptions caused by natural or accident-related disasters. - FY2019RestatedAnnual report
「However, if a natural disaster such as an earthquake or typhoon, or an accident-related disaster such as a fire, occurs, the Group's facilities and equipment may suffer significant damage, partially interrupting or halting operations and delaying production and shipments.」
The company continues to disclose the risk of facility and equipment damage and operational interruptions caused by natural or accident-related disasters. - FY2018First statedAnnual report
「If a natural disaster such as an earthquake or typhoon, or an accident-related disaster such as a fire, occurs, the Group's facilities and equipment may suffer significant damage, partially interrupting or halting operations and delaying production and shipments.」
Separately from weather-related downside risks to personal consumption, the company discloses the risk of damage to facilities and equipment and operational shutdowns.