Risk of business activity interruption due to natural disasters, accidents and infectious diseases
First written in FY2020. 4 of 11 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2026RestatedAnnual report
「If employees, buildings or equipment are affected by a natural disaster, business performance may be affected by disruptions to logistics operations and increased repair costs. The company will continue to reduce these risks by diversifying its operating sites and developing its business continuity plan.」
The company continues to address the risks of logistics disruptions and increased repair costs from natural disasters by diversifying its operating sites and developing its business continuity plan. - FY2025Quantification of the impact of natural disaster riskAnnual report
「Increasing severity of natural disasters; suspension of operations at factories and warehouses; supply difficulties due to the suspension of suppliers; repair and restoration costs for building damage and other losses; pressure on alternative suppliers and supply obligations; ¥50–100 million; impact on sales activities」
For the first time, the company specifically disclosed an estimated ¥50–100 million impact on profit and other effects from factory and warehouse shutdowns, supply difficulties and restoration costs resulting from natural disasters. - FY2023MitigatedAnnual report
「During the current consolidated fiscal year, the economy showed signs of recovery toward the post-COVID period and economic activity was moving toward normalization. However, the situation remained uncertain due to continued increases in raw material prices and volatility in financial and capital markets. Meanwhile, although manufacturing was affected by delays in parts supplies, production activity resumed and remained firm.」
Economic and production activity moved toward normalization, weakening the adverse impact of the risk of business interruption due to the infectious disease from the previous fiscal year, while delays in parts supplies remained. - FY2023-Q1MitigatedAnnual report
「During the three-month period of the first quarter of the current consolidated fiscal year, the Japanese economy was moving toward normalization as the COVID-19 situation settled and economic activity normalized. However, the situation remained uncertain, with raw material prices continuing to rise and the yen depreciating sharply. Meanwhile, although manufacturing was affected by delays in parts supplies, production activity resumed and remained firm.」
The disclosure describes the easing of the infection situation, the normalization of economic activity and the resumption of production activity, indicating that the adverse impact of the risk of business interruption due to the infectious disease weakened from the previous fiscal year. However, the impact of delays in parts supplies remains. - FY2022-Q2WorsenedAnnual report
「While restrictions on economic activity due to COVID-19 continue, disruption to supply chains due to difficulties in procuring parts and other factors is also a concern, and the situation remains uncertain.」
In addition to restrictions on economic activity due to the infectious disease, specific factors affecting business activity, including difficulties in procuring parts and supply chain disruption, were identified, broadening the scope of the risk disclosure. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current cumulative consolidated period, Japan’s economy remained uncertain due to the impact of COVID-19. However, the resumption of economic activity progressed as vaccination became more widespread, among other factors, and the economy recovered, particularly in the manufacturing sector.」
Although the uncertain economic environment resulting from the impact of the infectious disease continues, the disclosure also describes the resumption of economic activity and recovery, particularly in manufacturing. - FY2021MaterialisedAnnual report
「During the current consolidated fiscal year, economic conditions deteriorated rapidly due to the spread of COVID-19, but economic activity gradually resumed from the second quarter onward, and signs of recovery were seen, particularly in manufacturing.」
The infectious disease outbreak and restrictions on economic activity actually occurred and affected annual performance through a rapid deterioration in economic conditions. - FY2021-Q3MaterialisedAnnual report
「During the nine-month period of the third quarter of the current consolidated fiscal year, the Japanese economy deteriorated rapidly as economic activity was constrained by the global spread of COVID-19.」
The global infectious disease outbreak and restrictions on economic activity continued through the nine-month period of the third quarter and were reflected in an actual deterioration in economic conditions. - FY2021-Q2MaterialisedAnnual report
「During the second quarter of the current cumulative consolidated period, Japan’s economy deteriorated rapidly as economic activity was constrained by the global spread of COVID-19.」
The global infectious disease outbreak and restrictions on economic activity continued in practice and were described as a rapid deterioration in economic conditions. - FY2021-Q1MaterialisedAnnual report
「During the first quarter of the current cumulative consolidated period, Japan’s economy deteriorated rapidly as economic activity was constrained by the global spread of COVID-19.」
The disclosure states that a global infectious disease outbreak and restrictions on economic activity actually occurred. However, it does not indicate that the business activities of the company or its major business partners were completely interrupted. - FY2020First statedAnnual report
「If natural disasters, accidents, infectious disease outbreaks or other factors cause social disruption that interferes with the business activities of the Group or its major business partners, the Group’s operating results and financial position may be affected.」
Interference with the business activities of the company and its major business partners due to natural disasters, accidents, infectious disease outbreaks and social disruption was identified for the first time as a standalone business risk.