Production Stoppages and Shipping Delays Caused by Natural and Industrial Disasters
First written in FY2017. 5 of 9 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2023-Q1.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2023-Q1MaterialisedAnnual report
「Production efficiency deteriorated due to impacts including operating restrictions and logistics disruptions caused by lockdowns related to COVID-19.」
The risks of suspended or reduced operations and shipment delays associated with the spread of infectious diseases have materialized as operating restrictions and logistics disruptions at Chinese sites. - FY2021RestatedAnnual report
「By establishing multiple manufacturing sites in Japan and overseas, the Group seeks to diversify the risk of suspended operations or lower operating rates due to natural disasters and the spread of infectious diseases. It also works to reduce the risk of industrial accidents by implementing earthquake-resistance measures, inspections and fire drills at its business sites.」
The disclosure continues to describe the risk of suspended operations due to natural disasters, infectious diseases and industrial accidents, together with responses including multiple sites, earthquake-resistance measures, inspections and fire drills. - FY2021-Q1MaterialisedAnnual report
「Due to the effects of COVID-19, major production sites in China were temporarily shut down.」
The risk of suspended operations due to the spread of infectious diseases materialized as the temporary suspension of operations at major production sites in China. - FY2020WorsenedAnnual report
「However, if an earthquake, typhoon or other natural disaster exceeding expectations, the spread of infectious diseases, or an industrial accident such as a fire occurs and prevents sufficient procurement of raw materials, or if equipment or employees suffer significant damage, causing plant operations to be suspended or operating rates to decline,」
The risk of procurement difficulties and suspended operations due to the spread of infectious diseases has been explicitly added to the existing risks of natural disasters and industrial accidents. - FY2019MaterialisedAnnual report
「Although Japan's economy during the current consolidated fiscal year was partly affected by major natural disasters,」
The disclosure states that the impact of major natural disasters actually occurred within the economic environment for the full fiscal year. - FY2019-Q3MaterialisedAnnual report
「Although large-scale natural disasters had some impact, the economy remained on a moderate recovery trend, supported by improvements in corporate earnings and employment conditions.」
The impact of a major natural disaster is described as having occurred in part within the economic environment during the current quarter. - FY2019-Q1MaterialisedAnnual report
「The shortage of plywood from Lawang caused by flood damage in Indonesia at the end of last year is gradually being resolved.」
The disclosure states that a shortage of overseas raw materials caused by a natural disaster actually occurred. At the same time, the shortage is moving toward resolution. - FY2018MitigatedAnnual report
「By establishing multiple manufacturing sites in Japan and overseas, the Group seeks to diversify the risk of suspended operations or lower operating rates due to natural disasters. It also works to reduce the risk of industrial accidents by implementing earthquake-resistance measures, inspections and fire drills at its business sites.」
While the risks of natural disasters and industrial accidents themselves continue, the Group's responses, including diversification across multiple sites, earthquake-resistance measures, inspections and fire drills, are explicitly described. - FY2017First statedAnnual report
「If an earthquake, typhoon or other natural disaster beyond expectations, or an industrial accident such as a fire, prevents sufficient procurement of raw materials or causes major damage to equipment or employees, resulting in a production shutdown or lower operating rates, the Group’s business performance could be affected by lower sales volumes due to suspended or delayed production and shipments, as well as substantial repair costs.」
While the Group diversifies its operations across multiple domestic and overseas locations and takes earthquake-resistance measures, it discloses the risks of suspended operations and repair costs resulting from natural disasters and industrial accidents.