Impact of natural disasters on factories and production facilities
First written in FY2016. 13 of 21 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2018: 34 of 132 companies on the "Worse" side.
- FY2023RestatedAnnual report
「Among natural disasters, an earthquake is expected to have the greatest impact. If a Nankai Trough megathrust earthquake, considered highly likely to occur, were to strike, factories and other facilities in the Company's Yokkaichi area could be affected and suffer significant damage. The Group has taken out earthquake insurance to prepare for the materialization of this risk.」
For natural disaster risk, the Company specifies the potential impact of a Nankai Trough megathrust earthquake on factories in the Yokkaichi area and describes its preparations through earthquake insurance. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes in existing risks, including the impact of natural disasters on factories and production facilities. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes in existing risks, including the impact of natural disasters on factories and production facilities. - FY2022-Q3MaterialisedAnnual report
「*2 Details of the losses from the fire are as follows. For the cumulative third quarter of the fiscal year ended 31 December 2021 (from 1 April 2021 to 31 December 2021), this represents losses from a fire at a consolidated subsidiary in South Korea.」
Losses of ¥128 million from a fire at a consolidated subsidiary in South Korea were recorded as an extraordinary loss, and the impact of factory accident risk has continued as an actual loss. - FY2022-Q2MaterialisedAnnual report
「For the cumulative second quarter of the fiscal year ended 30 September 2021 (from 1 April 2021 to 30 September 2021), this represents losses from a fire at a consolidated subsidiary in South Korea.」
Losses of ¥129 million from a fire at a consolidated subsidiary in South Korea were recorded as an extraordinary loss, and the impact of factory accident risk has continued as an actual loss. - FY2022-Q1MaterialisedAnnual report
「The extraordinary loss was mainly attributable to losses from the fire at the consolidated subsidiary in South Korea.」
Losses from a fire at a consolidated subsidiary in South Korea were actually recorded as an extraordinary loss in the first quarter, and the impact of fire risk has continued. - FY2021MaterialisedAnnual report
「A fire occurred at one of the Company's consolidated subsidiaries in South Korea in March this year. The Company is strengthening measures against common causes of fires and working to prevent recurrence.」
A fire actually occurred at a consolidated subsidiary in South Korea, creating a factory accident risk. The Company also describes strengthened measures to prevent recurrence. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes in existing risks, including the impact of natural disasters on factories and production facilities. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes in existing risks, including the impact of natural disasters on factories and production facilities. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes in existing risks, including the impact of natural disasters on factories and production facilities. - FY2020MitigatedAnnual report
「The Group has taken out earthquake insurance to transfer risk and prepare for the materialization of risks. The Group is also working to ensure safety with the goals of zero accidents and disasters and stable supply. For natural disasters such as earthquakes, heavy rain and floods, it has implemented measures including disaster response manuals, business continuity plans (BCPs), an employee safety confirmation system and disaster preparedness training.」
Specific measures disclosed for natural disaster risks include earthquake insurance, disaster response manuals, a BCP, an employee safety confirmation system and disaster preparedness training. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes in existing risks, including the impact of natural disasters on factories and production facilities. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes in existing risks, including the impact of natural disasters on factories and production facilities. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes in existing risks, including the impact of natural disasters on factories and production facilities. - FY2019-Q3MaterialisedAnnual report
「By region, domestic sales remained solid despite the impact of lower automotive production due to storms, floods, earthquakes and other factors in the first half, supported by increased sales of new seat core materials from the second half onward.」
Lower automotive production due to storms, floods, earthquakes and other factors in the first half has been reported as an actual impact on domestic sales. - FY2019-Q2MaterialisedAnnual report
「By region, domestic sales were affected by lower automotive production due to storms, floods, earthquakes and other factors, but sales of new components such as seat core materials got off to a solid start.」
Lower automotive production due to storms, floods, earthquakes and other factors has been reported as an actual impact on domestic sales. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes in existing risks, including the impact of natural disasters on factories and production facilities. - FY2018RestatedAnnual report
「Our Group operates numerous manufacturing plants in Japan and overseas. Although these production facilities have disaster-prevention measures in place against unforeseen natural disasters and other events, they may suffer extensive damage from unavoidable natural disasters, such as major earthquakes, typhoons and floods far exceeding assumed levels, which may materially affect our Group's operating results and financial condition.」
The company continues to describe the impact of natural disasters on factories and production facilities, as well as the risks that remain despite the implementation of disaster-prevention measures. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrences or significant changes are identified regarding the impact of natural disasters on factories and production facilities. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrences or significant changes are identified regarding the impact of natural disasters on factories and production facilities. - FY2016First statedAnnual report
「Our Group operates numerous manufacturing plants in Japan and overseas. Although these production facilities have disaster-prevention measures in place against unforeseen natural disasters and other events, they may suffer extensive damage from unavoidable natural disasters, such as major earthquakes, typhoons and floods far exceeding assumed levels, which may materially affect our Group's operating results and financial condition.」
Although disaster-prevention measures are in place, damage to facilities caused by earthquakes, typhoons, floods and other events exceeding assumed levels is identified as a risk.