Business Uncertainty from Natural Disasters and Trade Friction
First written in FY2019-Q2. 7 of 13 entries say "Materialised", first in FY2021. Latest entry: FY2027-H1.
Axial Retailing moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 9 of 17 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「During the interim consolidated accounting period, the Japanese economy was affected across a broad range by distribution delays, shortages and higher costs caused by supply-chain disruptions originating in the situation in the Middle East.」
Supply chain disruptions arising from the situation in the Middle East materialized as distribution delays, product shortages and higher costs. - FY2026WorsenedAnnual report
「The outlook for the economy has also become uncertain due to the unclear impact of developments in other countries, including the external policies of the United States and China and the situations in the Middle East and Ukraine.」
In addition to the previously cited natural disasters and trade friction, the company identified the external policies of the United States and China and the situations in the Middle East and Ukraine as sources of uncertainty in the business environment. - FY2026-H1WorsenedAnnual report
「The outlook for the economy has also become uncertain due to the unclear impact of developments in other countries, including the tariff measures pursued by the United States and the situations in the Middle East and Ukraine.」
In addition to natural disasters and trade friction, the company newly identified uncertainty arising from overseas developments, including U.S. tariff measures and the situations in the Middle East and Ukraine. - FY2025-H1MaterialisedAnnual report
「Insurance proceeds increased by ¥31 million from the same period a year earlier as receipts increased due to damage to facilities caused by natural disasters.」
Damage to equipment caused by natural disasters and increased insurance proceeds were reflected in non-operating income for the interim period. - FY2023MaterialisedAnnual report
「The store was flooded to a depth of 40 cm, all merchandise had to be discarded and the equipment sustained extensive damage.」
原信荒川店 was flooded to a depth of 40 cm, all merchandise was discarded and equipment was damaged, resulting in a ¥95 million loss due to the disaster. In addition, disaster-level heavy snowfall rendered the logistics system dysfunctional for approximately 2 weeks. - FY2023-Q3MaterialisedAnnual report
「On 4 August, 原信荒川店 in Murakami, Niigata Prefecture, was affected by torrential rain. The store was flooded to a depth of 40 cm, all merchandise had to be discarded and the equipment sustained extensive damage. …The store was able to resume normal operations six days later. …A ¥89 million loss due to the disaster was recorded as an extraordinary loss, and ¥143 million in insurance proceeds was recorded as non-operating income. In December, the area was hit by disaster-level heavy snowfall that caused traffic gridlock lasting several days in various parts of Niigata Prefecture.」
The torrential rain caused store flooding, the disposal of all merchandise and equipment damage, resulting in a disaster loss of ¥89 million. In addition, disaster-level heavy snowfall disrupted the logistics system and hindered store operations. - FY2023-Q2MaterialisedAnnual report
「On 4 August, 原信荒川店 in Murakami, Niigata Prefecture, was affected by torrential rain. The store was flooded to a depth of 40 cm, all merchandise had to be discarded and the equipment sustained extensive damage. …The store was able to resume normal operations six days later. …A ¥92 million loss due to the disaster was recorded as an extraordinary loss.」
The store was flooded to a depth of 40 cm by torrential rain, all merchandise was discarded, equipment was damaged and a ¥92 million disaster loss was incurred. Normal operations resumed six days after the disaster. - FY2023-Q1MaterialisedAnnual report
「Insurance proceeds increased by ¥87 million from the same period of the previous year due to the receipt of snow damage-related insurance proceeds for store equipment.」
Insurance proceeds related to snow damage to store equipment were received, resulting in a ¥87 million year-on-year increase in insurance proceeds. - FY2021MaterialisedAnnual report
「The record snowfall from late December through February reached disaster-level proportions, breaking past records in various locations and prompting requests for disaster relief dispatches. Within the group's store network, Niigata and Toyama prefectures were particularly extensively affected.」
The natural disaster risk materialized as record snowfall that affected store operations in the group's operating regions. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, the Japanese economy remained in an unpredictable situation as the effects of trade friction had not been dispelled.」
The company reaffirmed its recognition that the effects of trade friction had not been dispelled and that an uncertain business environment would continue. - FY2020-Q1Prolonged concerns about trade frictionAnnual report
「During the cumulative first quarter, the Japanese economy remained in an unpredictable situation as concerns about trade friction in the global economy appeared likely to persist.」
The company stated that concerns about trade friction appeared likely to persist and indicated its recognition that an uncertain business environment would continue. - FY2019-Q3RestatedAnnual report
「Amid severe damage caused by torrential rains, typhoons and earthquakes in various parts of Japan, as well as growing concerns about trade friction in the global economy, conditions with no clear outlook continued.」
Damage from torrential rain, typhoons and earthquakes, together with concerns about trade friction, continues to be cited as a factor creating an uncertain outlook. - FY2019-Q2First statedAnnual report
「Amid severe damage caused by torrential rains, typhoons and earthquakes in various parts of Japan, as well as growing concerns about trade friction in the global economy, conditions with no clear outlook continued.」
Damage from torrential rain, typhoons and earthquakes, together with concerns about trade friction, were identified for the first time as factors creating an uncertain outlook for the food retail business.