Earthquakes, Tsunamis, Other Disasters and Supply-Chain Disruptions
First written in FY2016. 6 of 14 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2027-H1ReframedAnnual report
「Uncertainty about the outlook remains, with concerns including the situation in the Middle East and the impact of natural disasters.」
In addition to the previous disclosures concerning business continuity risks from disasters and infectious diseases, the company identifies the situation in the Middle East and natural disasters as factors of concern because of their impact on the economic and business environment. - FY2023RestatedAnnual report
「In cooperation with AEON Group companies, we conduct disaster preparedness drills twice a year based on these disaster risks and have established systems to continue operations or restore them promptly in the event of a disaster.」
Continues to address disaster risks, including earthquakes, tsunamis and typhoons, as well as safety confirmation, disaster preparedness drills, and systems for business continuity and early recovery. - FY2022-Q2RestatedAnnual report
「The spread of COVID-19 remains severe, and the end of the pandemic continues to be uncertain, with the number of infections increasing due to the spread of variants and a state of emergency being declared again.」
Continues to identify the spread of infections, variants and states of emergency as external risks to business operations and economic activity. - FY2022-Q1WorsenedAnnual report
「The spread of COVID-19 continues, and amid the prevalence of new variants, measures such as priority preventive measures and a third declaration of a state of emergency have been introduced. The timing of containment of the infections therefore remains uncertain.」
Describes the infection risk posed by the spread of variants and the continuing issuance of multiple states of emergency, indicating that the impact is likely to be prolonged and remains uncertain. - FY2021MaterialisedAnnual report
「During the current consolidated fiscal year, the spread of COVID-19 had a significant impact on economic activity in Japan and overseas. Although signs of improvement were seen in some areas, the situation remained uncertain regarding the containment of infections and the outlook for the economy.」
Among the previously identified risks from natural disasters and infectious diseases, the impact of COVID-19 on economic activity has materialized as an actual operating environment. - FY2021-Q2MaterialisedAnnual report
「Losses related to measures against a novel infectious disease － 65」
The company recognized ¥65 million in losses related to measures taken in response to COVID-19 as an extraordinary loss, indicating that costs associated with infectious disease risk have actually been incurred. - FY2021-Q1MaterialisedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy remained in an uncertain situation, with a rapid deterioration in economic conditions, sluggish consumer sentiment and worsening employment conditions due to the spread of COVID-19.」
The economic environment is being affected by the downturn associated with the spread of COVID-19, sluggish consumer sentiment and worsening employment conditions. The disclosure also describes store operations in China under movement and business restrictions, as well as infection prevention measures. - FY2020WorsenedAnnual report
「The declaration of a state of emergency under the Act on Special Measures Against Novel Influenza has been lifted, but concerns about a second wave of infections have not been dispelled. If the period until the outbreak is brought under control is prolonged, economic activity may remain sluggish and household spending on essential goods may become more cautious, which could have a material impact on the Group's operating performance and other matters.」
In addition to the previously identified risks from natural disasters and infectious diseases, the disclosure explicitly identifies a second wave of COVID-19 infections, sluggish economic activity and more cautious household spending. - FY2019MaterialisedAnnual report
「This represents the loss related to damage caused by Typhoon No. 24.」
Store closures and damage to products and equipment caused by a major typhoon and a large-scale power outage actually occurred. The company recognized a disaster loss of ¥125 million, while also recognizing insurance proceeds of ¥132 million. quantified and materialized are true. - FY2019-Q3MaterialisedAnnual report
「During the third-quarter accounting period, a major typhoon made landfall, and stores were temporarily closed due to a large-scale power outage that took several days to restore. There was also damage to products and equipment.」
Store closures and damage to products and equipment caused by Typhoon No. 24 and a large-scale power outage actually occurred. The company recognized a loss of ¥114 million related to the typhoon damage and insurance proceeds of ¥83 million. - FY2019-Q2MaterialisedAnnual report
「In the domestic business, the operating environment remained unstable, due to disruptions to social life caused by large-scale natural disasters, soaring agricultural commodity prices resulting from extreme heat, and rising procurement prices for marine and livestock products.」
The disclosure states that disruptions to social life caused by large-scale natural disasters actually occurred, indicating that the previously identified risks of natural disasters and supply chain disruptions have materialized. - FY2018RestatedAnnual report
「If a major earthquake, tsunami, typhoon or other natural disaster, an outbreak of an infectious disease such as a novel influenza virus, an accident, riot, terrorist activity or other event occurs in areas surrounding stores and other facilities, adversely affecting infrastructure, facilities or networks necessary for our business activities, or if personal injury occurs, creating circumstances that make it difficult to conduct our normal business operations, this could affect operating performance and financial condition.」
We continue to recognize as risks the effects of the Tokai earthquake and the Nankai Trough megathrust earthquake, infectious diseases and accidents on stores, infrastructure and business operations. - FY2017RestatedAnnual report
「If a major earthquake, tsunami, typhoon or other natural disaster, an outbreak of an infectious disease such as a novel influenza virus, an accident, riot, terrorist activity or other event occurs in areas surrounding stores and other facilities, adversely affecting infrastructure, facilities or networks necessary for our business activities, or if personal injury occurs, creating circumstances that make it difficult to conduct our normal business operations, this could affect operating performance and financial condition.」
We continue to recognize as risks the effects of natural disasters, including the Tokai earthquake and the Nankai Trough megathrust earthquake, infectious diseases and accidents on stores, infrastructure and supply activities. - FY2016First statedAnnual report
「If a major earthquake, tsunami, typhoon or other disaster, or an unforeseen accident occurs, physically damaging these facilities or otherwise disrupting the sales, distribution or procurement activities of the Group, or causing personal injury, this could affect operating performance and financial condition.」
Includes store operations in areas expected to be affected by the Tokai earthquake or the Nankai Trough megathrust earthquake, as well as supply chain disruptions caused by infectious diseases, accidents, riots, terrorism and other events.