Disruptions to Manufacturing Lines and Logistics Caused by Natural Disasters and Power Outages
First written in FY2018. 1 of 3 entries say "Reframed", first in FY2019. Latest entry: FY2024.
The whole theme swung hardest in 2020: 21 of 75 companies on the "Worse" side.
52 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The food ingredients used by our group are currently processed and manufactured at factories in the Shizuoka, Saga and Kyoto areas and delivered daily to operating stores. Accordingly, if a major earthquake or other event that interrupts operations occurs in the Shizuoka, Saga or Kyoto areas, the production capacity for the food ingredients used by our group could decline significantly, potentially affecting our group's results of operations.」
The 3 manufacturing regions of Shizuoka, Saga and Kyoto, and the risks of reduced production capacity and logistics disruptions caused by disasters, power outages and other events, continue to be disclosed. - FY2019ReframedAnnual report
「The food ingredients used by our group are currently processed and manufactured at factories in the Shizuoka, Saga and Kyoto areas and delivered daily to operating stores. Accordingly, if a major earthquake or other event that interrupts operations occurs in the Shizuoka, Saga or Kyoto areas, the production capacity for the food ingredients used by our group could decline significantly, potentially affecting our group's results of operations.」
The risk disclosure has been updated from the previous concentration in Shizuoka and Saga to a manufacturing structure spanning 3 regions, including Kyoto, and identifies the risk of reduced production capacity caused by disasters and power outages. - FY2018First statedAnnual report
「However, there is no assurance that the effects of disasters, power outages or other disruptions occurring at production facilities can be completely prevented or mitigated. In addition, the food ingredients used by our group are currently processed and manufactured at factories in the Shizuoka and Saga areas and delivered daily to operating stores. Accordingly, if a major earthquake or other event that interrupts operations occurs in the Shizuoka or Saga areas, the production capacity for the food ingredients used by our group could decline significantly, potentially affecting our group's results of operations.」
The risk of concentration at manufacturing facilities in Shizuoka and Saga, and of reduced production capacity and logistics disruptions caused by disasters and power outages, is explicitly identified.