Business Interruption Caused by Natural Disasters and Accidents
First written in FY2017. 6 of 11 entries say "Restated". Latest entry: FY2025.
Crossfor moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 15 of 31 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If a major earthquake, tsunami, typhoon, flood or other natural disaster, or an unforeseen accident occurs in areas surrounding the Group's facilities, physically damaging the facilities and disrupting the Group's sales, logistics or procurement activities」
The risks of facility damage and disruption to sales, logistics and procurement activities due to natural disasters or accidents remain. - FY2022RestatedAnnual report
「If a major earthquake, tsunami, typhoon, flood or other natural disaster, or an unforeseen accident occurs in areas surrounding the Group's facilities, physically damaging the facilities and disrupting the Group's sales, logistics or procurement activities」
The risks of facility damage caused by natural disasters or accidents and disruption to sales, logistics and procurement activities remain. - FY2021RestatedAnnual report
「In responding to natural disasters such as earthquakes and floods, the Group will continue to give the highest priority to the health and safety of its employees and relevant stakeholders.」
The risks of disruption to sales, logistics and procurement activities due to natural disasters or accidents, and the policy of prioritizing health and safety in responding to them, remain. - FY2020RestatedAnnual report
「If a major earthquake, tsunami, typhoon, flood or other natural disaster, or an unforeseen accident occurs in areas surrounding the Group's facilities, physically damaging the facilities and disrupting the Group's sales, logistics or procurement activities」
The risks of facility damage caused by natural disasters or accidents and disruption to sales, logistics and procurement activities remain. - FY2020-Q2RestatedAnnual report
「In the jewelry industry, the business environment became challenging as consumers' preference for saving grew stronger than before due to the slowdown in inbound consumption, which had gained momentum in recent years, the decline following the pullback in demand ahead of the consumption tax increase implemented in October last year, and the impact of a succession of natural disasters.」
A succession of natural disasters continues to be cited as a factor behind consumers' stronger preference for saving and the challenging earnings environment. - FY2020-Q1MaterialisedAnnual report
「However, the domestic jewelry market is expected to remain relatively steady, given anticipated inbound demand during the 2020 Tokyo Olympic and Paralympic Games and the expected stimulation of domestic demand.」
A succession of natural disasters, including Typhoon No. 19, strengthened consumers' preference for saving and had an actual adverse impact on domestic earnings conditions and sales. - FY2019MaterialisedAnnual report
「No improvement in consumer sentiment toward jewelry was apparent, and the business environment remained challenging due to increasingly diverse purchasing behavior and consumers' strong preference for saving.」
Natural disasters, including torrential rain and earthquakes, occurred during the fiscal year, and their adverse impact on consumption and the sales environment continued. - FY2019-Q2MaterialisedAnnual report
「The adverse impact on consumption from domestic natural disasters that occurred during the first quarter of the current consolidated accounting period could not subsequently be recovered」
The adverse impact on consumption from domestic natural disasters that occurred in the first quarter could not be recovered in the second quarter, and the impact continued. - FY2019-Q1MaterialisedAnnual report
「Domestic sales were affected by unseasonable weather and natural disasters from July onward, including fewer operating days at customers' locations and event cancellations, and declined to ¥594.428 million, down ¥124.767 million, or 17.4%, from the same quarter of the previous year.」
The number of operating days at customers' locations declined and events were cancelled due to unseasonable weather and natural disasters, resulting in an actual business impact from natural disasters and accidents. - FY2018RestatedAnnual report
「If a major earthquake, tsunami, typhoon, flood or other natural disaster, or an unforeseen accident occurs in areas surrounding the Group's facilities, physically damaging the facilities and disrupting the Group's sales, logistics or procurement activities」
The risks of facility damage caused by natural disasters or accidents and disruption to sales, logistics and procurement activities remain. - FY2017First statedAnnual report
「If a major earthquake, tsunami, typhoon, flood or other natural disaster, or an unforeseen accident occurs, physically damaging facilities and disrupting the Group's sales, logistics or procurement activities」
Disruption to sales, logistics and procurement activities due to facility damage is identified as a risk.