Natural Disaster Risks, Including Earthquakes and Fires
First written in FY2016. 7 of 12 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2018: 21 of 93 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The group is also working to establish a crisis management framework in preparation for disasters and other events. During normal operations, it takes measures including investment in aging infrastructure, regular facility inspections and purchasing insurance against losses. In addition, even if stores or other facilities are affected by a disaster, we have formulated a business continuity plan (BCP) aimed at fulfilling our role as social infrastructure and our social responsibilities by reopening operations promptly and continuing to supply products, on the premise of ensuring the safety of customers and employees.」
Infrastructure investment, facility inspections, insurance and a BCP continue to be disclosed as responses to natural disaster risk. - FY2024-Q2MaterialisedAnnual report
「Although all stores were forced to close on 15 August due to Typhoon No. 7, business performed well, as the various measures proved effective and sales to corporate and high-net-worth customers grew, particularly for high-value items.」
All stores actually closed due to Typhoon No. 7, making operational restrictions caused by natural disasters apparent. - FY2021MitigatedAnnual report
「In addition, even if stores or other facilities are affected by a disaster, we have formulated a business continuity plan (BCP) aimed at fulfilling our role as social infrastructure and our social responsibilities by reopening operations promptly and continuing to supply products, on the premise of ensuring the safety of customers and employees.」
As a response to disaster risks such as earthquakes and fires, the formulation of a BCP was disclosed in addition to the existing early-warning equipment, crisis management manuals and training. - FY2020-Q3MaterialisedAnnual report
「In the department store industry, although shopping demand from visitors to Japan provided support and high-priced goods such as luxury brands and imported watches remained strong, sales were sluggish because of the impact of cool, wet summer weather and typhoons and other natural disasters, as well as weaker consumer sentiment after the consumption tax increase.」
Low temperatures and heavy rain in summer, together with natural disasters such as typhoons, actually occurred as factors behind sluggish department store sales. - FY2020-Q2MaterialisedAnnual report
「In the department-store industry, although shopping demand from overseas visitors to Japan continued to provide support and high-priced products such as luxury brands and imported watches remained strong, sales remained weak due in part to the effects of low temperatures and heavy rainfall during the prolonged rainy season, typhoons and torrential rain, and other natural disasters.」
The impact of natural disasters such as prolonged rainy weather, typhoons and heavy rain is described as having actually occurred in the form of sluggish sales in the department store industry. - FY2019MaterialisedAnnual report
「As a result of implementing these measures, although repeated natural disasters caused impacts including temporary store closures, sales after eliminating transactions with group companies amounted to ¥261,027 million, up 0.8% year on year, and operating income was ¥4,787 million, up 29.5%.」
The impacts, including temporary store closures, caused by repeated natural disasters are described as having actually occurred. - FY2019-Q3MaterialisedAnnual report
「In the department-store industry, although strong inbound demand provided support, nationwide department-store sales lacked momentum from July onward, affected by natural disasters including the torrential rains in western Japan and successive major typhoons.」
Natural disasters such as the torrential rains in western Japan and major typhoons are described as having actually affected the sales environment of the department store industry. - FY2019-Q2MaterialisedAnnual report
「In the department-store industry, nationwide department-store sales remained firm, despite the impact of successive natural disasters, including the torrential rains in western Japan, partly because growing inbound demand from overseas visitors to Japan, particularly in major cities, continued to support performance.」
The impact of successive natural disasters, including the torrential rains in western Japan, is described as having actually affected the operating environment of the department store industry. - FY2018RestatedAnnual report
「If an earthquake on a scale exceeding expectations occurs, business locations such as stores could suffer extensive damage, resulting in direct impacts including substantial costs and time required for recovery.」
The risks of natural disasters such as earthquakes and fires, together with responses involving earthquake early-warning systems, crisis management manuals and fire drills, continue to be disclosed. - FY2017RestatedAnnual report
「If an earthquake on a scale exceeding expectations occurs, business locations such as stores could suffer extensive damage, resulting in direct impacts including substantial costs and time required for recovery.」
The risks of natural disasters such as earthquakes and fires, together with responses involving earthquake early-warning systems and crisis management manuals, continue to be disclosed. - FY2017-Q1MaterialisedAnnual report
「In the department-store industry, in addition to weaker consumer sentiment caused by the sluggish stock market and the psychological impact of the Kumamoto Earthquake, the previously robust shopping demand from inbound visitors stalled, and nationwide department-store sales fell below the previous year's level for 3 consecutive months from March.」
The Kumamoto earthquake is identified as a factor behind declining consumer sentiment, indicating that natural disaster risk affected the operating environment through consumer psychology. - FY2016First statedAnnual report
「If an earthquake on a scale exceeding expectations occurs, business locations such as stores could suffer extensive damage, resulting in direct impacts including substantial costs and time required for recovery.」
The direct and indirect impacts of earthquake risk at the locations of major stores, fires, supplier damage and declining consumer sentiment are disclosed.