Impact of Natural Disasters on Business Sites and Facilities
First written in FY2016. 4 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 21 of 93 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「The business locations of the Group's core businesses, comprising the electrical materials and piping materials businesses and the wiring devices business, are located throughout Japan. If climate change or other factors lead to natural disasters, or if terrorist acts or other events cause human casualties, the destruction of business locations or infrastructure outages, the Group's business activities could be significantly disrupted. In addition, relocating business locations and repairing damaged facilities could result in substantial costs and affect the Group's performance.」
Climate change has been explicitly added to the natural disaster risk, and the disclosure also covers the substantial costs associated with relocating business locations and repairing facilities. - FY2024RestatedAnnual report
「The business locations of the Group's core businesses, comprising the electrical materials and piping materials businesses and the wiring devices business, are located throughout Japan. If natural disasters, terrorist acts or other events cause human casualties, the destruction of business locations or infrastructure outages, the Group's business activities could be significantly disrupted.」
The risk of natural disasters, terrorism and other events affecting business locations nationwide continues. - FY2023RestatedAnnual report
「The business locations of the Group's core businesses, comprising the electrical materials and piping materials businesses and the wiring devices business, are located throughout Japan. If natural disasters, terrorist acts or other events cause human casualties, the destruction of business locations or infrastructure outages, the Group's business activities could be significantly disrupted.」
The risk of natural disasters, terrorism and other events affecting business locations nationwide continues to be disclosed. - FY2022RestatedAnnual report
「The business locations of the Group's core businesses, comprising the electrical materials and piping materials businesses and the wiring devices business, are located throughout Japan. If natural disasters, terrorist acts or other events cause human casualties, the destruction of business locations or infrastructure outages, the Group's business activities could be significantly disrupted.」
The impact of natural disasters and other events on business locations throughout Japan continues to be identified as a general risk. - FY2019RestatedAnnual report
「If natural disasters, terrorist acts or other events cause human casualties, the destruction of business locations or infrastructure outages, the Group's business activities could be significantly disrupted.」
The impact of natural disasters and other events on business locations throughout Japan continues to be disclosed as a general risk. No disaster loss for the current fiscal year is disclosed. - FY2018No full-year disaster lossesAnnual report
「Not applicable.」
The disclosure states that there were no applicable matters concerning disaster-related losses for the current consolidated fiscal year. Unlike the prior-year loss from the Kumamoto Earthquake, no disaster loss was recognized during the current fiscal year. - FY2018-Q2No disaster losses in the quarterAnnual report
「Not applicable.」
The note on disaster-related losses states that there were no applicable matters for the six months ended the second quarter of the current consolidated fiscal year. Unlike the prior-year loss from the Kumamoto Earthquake, no disaster loss was recognized during the period. - FY2017Updated full-year disaster lossesAnnual report
「Profit decreased by ¥102 million, or 4.2%, year on year to ¥2,309 million, mainly because impairment losses of ¥570 million were recognized on fixed assets at the Rakkō Warehouse, which was relocated to our Tarui Plant following its commencement of operations, the former head office of subsidiary 未来精工株式会社, and our Yōrō Plant, which was being relocated, where the assets were not expected to be used in the future, and because an extraordinary loss of ¥144 million was incurred as a result of damage from the Kumamoto Earthquake.」
The full-year amount of the extraordinary loss arising from the Kumamoto Earthquake, ¥144 million, is disclosed. - FY2017-Q3Updated provision for disaster-related lossesAnnual report
「Losses arising from the Kumamoto Earthquake that occurred on or after 14 April 2016 were recognized, including ¥14 million in provision for disaster-related losses.」
Recognition of losses from the Kumamoto Earthquake continued, and the quarterly report states that the amount included ¥14 million in provision for disaster-related losses. - FY2017-Q2MaterialisedAnnual report
「Losses arising from the Kumamoto Earthquake that occurred on or after 14 April 2016 were recognized, including ¥67 million in provision for disaster-related losses.」
A ¥150 million loss from the Kumamoto Earthquake was recognized, including ¥67 million recognized as provision for disaster-related losses. - FY2017-Q1MaterialisedAnnual report
「Profit attributable to owners of the parent decreased by ¥73 million, or 21.5%, year on year to ¥267 million, mainly because a ¥150 million extraordinary loss was incurred as a result of damage from the Kumamoto Earthquake.」
A ¥150 million loss from the Kumamoto Earthquake was actually recognized in the quarter. The disclosure has moved from the planned repair costs stated in the previous filing to the specific occurrence and recognition of a loss. - FY2016MaterialisedAnnual report
「We expect to incur ¥189 million in repair costs arising from the 2016 Kumamoto Earthquake, which occurred on 14 April 2016.」
In addition to the general disclosure of natural disaster risk, the disclosure describes the Kumamoto Earthquake that occurred before the filing date and the planned repair costs of ¥189 million.