Risk of Disruptions to Production, Logistics and Sales Activities Caused by Natural Disasters
First written in FY2016. 3 of 4 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2023.
The whole theme swung hardest in 2018: 36 of 132 companies on the "Worse" side.
- FY2023MaterialisedAnnual report
「The Company recorded ¥143 million in losses from a cyclone disaster that occurred at a New Zealand subsidiary in February 2023 as an extraordinary loss.」
A cyclone disaster occurred at a New Zealand subsidiary, and ¥143 million in disaster-related losses were recorded. - FY2019MaterialisedAnnual report
「However, recovery efforts following the successive natural disasters that occurred from last summer also contributed to delays in construction schedules by exacerbating the chronic shortage of skilled workers.」
It is explained that successive natural disasters and the associated recovery efforts affected the shortage of skilled workers, delays in construction schedules and deteriorating earnings in the domestic business. - FY2019-Q3MaterialisedAnnual report
「In the housing industry, the number of new housing starts, which had been trending downward year on year in the first half, increased moderately in the third quarter. In addition to recovery efforts following the successive natural disasters that occurred from last summer, the chronic shortage of skilled workers has become more serious, and delays in construction schedules have become an industry-wide issue.」
It is explained that successive natural disasters since last summer and the associated recovery efforts have contributed to the worsening shortage of skilled workers and delays in construction schedules. - FY2016First statedAnnual report
「Large-scale natural disasters such as earthquakes, tsunamis and typhoons may affect the Group’s production, logistics and sales activities. Although the Group has introduced a safety confirmation system, conducted disaster preparedness drills and taken out earthquake insurance, these measures cannot completely prevent damage from natural disasters and may affect the Group’s financial position and performance.」
Safety confirmation, disaster preparedness drills and earthquake insurance are listed as countermeasures, while acknowledging that complete avoidance is difficult.