Impact of Extreme Weather and Natural Disasters on Business Operations and Financial Position
First written in FY2017. 7 of 13 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2018: 21 of 93 companies on the "Worse" side.
- FY2026RestatedAnnual report
「For physical risks arising from earthquakes, storms, floods, infectious diseases and other events at stores, the Disaster Prevention Measures Committee takes the lead in overseeing the strengthening and implementation of measures based on the business continuity plan (BCP).」
The disclosure reconfirms the framework for responding to natural disasters and infectious diseases, centered on the BCP and Disaster Prevention Measures Committee. - FY2025-H1Update to earthquake-related insurance proceeds and disaster-related losses recordedAnnual report
「Insurance proceeds received 194 Disaster-related losses 6」
In connection with the Noto Peninsula Earthquake, the Company recorded ¥194 million in insurance proceeds received for product damage and other losses and ¥6 million in disaster-related losses for fixed costs and other expenses during the period of suspended operations in the interim period. - FY2025-Q1Earthquake-related insurance proceeds and disaster-related losses recordedAnnual report
「Insurance proceeds received 194 Disaster-related losses 4」
In connection with the Noto Peninsula Earthquake, the Company recorded ¥194 million in insurance proceeds received for product damage and other losses, and ¥4 million in disaster-related losses for fixed costs and other expenses during the period of suspended operations. - FY2024MaterialisedAnnual report
「Although the decline in operating revenue caused by reduced operations following the Noto Peninsula Earthquake of 1 January 2024 was minor, extraordinary losses attributable to the disaster amounted to ¥1,102 million.」
Natural disaster risk materialized in the form of the Noto Peninsula Earthquake and was disclosed through reduced operations and the recording of ¥1,102 million in extraordinary losses. - FY2023RestatedAnnual report
「The Company operates businesses targeting general consumers, and its operating results and financial position may be affected not only by economic conditions and consumer trends but also by unseasonable weather, such as cool summers and warm winters. Although the Company has established an internal emergency response framework for disasters and other events, a major earthquake, storm or flood, or other natural disaster could significantly disrupt its business activities and affect its financial position and operating results.」
The disclosure reconfirms the potential operating and financial impacts of unseasonable weather and major natural disasters, as well as the emergency response framework. - FY2022-Q2MaterialisedAnnual report
「Revenue declined due to the fading of the stay-at-home consumption effect, lower vegetable prices, prolonged summer rains and persistently low temperatures.」
Lower vegetable prices, prolonged summer rains and persistently low temperatures were reflected in actual results as factors contributing to lower revenue in the retail business. - FY2020-Q2MaterialisedAnnual report
「The reversal of the rise in vegetable prices that continued through October of the previous fiscal year, together with low summer temperatures and unseasonable weather」
Low summer temperatures and unseasonable weather were described as part of the actual operating environment for the retail industry, illustrating a case in which the risk associated with extreme weather materialized. - FY2019MaterialisedAnnual report
「Insurance proceeds received in connection with Typhoon No. 21, which occurred in September 2018, were recorded as extraordinary income.」
Natural disaster risk was reflected in actual accounting figures through ¥221 million of insurance proceeds received in connection with Typhoon No. 21 and ¥240 million of disaster-related losses. - FY2019-Q3MaterialisedAnnual report
「During the cumulative third quarter of the fiscal year, Japan's economy continued on a moderate recovery trend, but the outlook remained uncertain amid strong consumer thrift, overseas political conditions, rising raw-material prices and the effects of natural disasters.」
The impact of natural disasters was reflected in the economic environment, and disaster-related losses of ¥260 million were recorded on the income statement. - FY2019-Q2MaterialisedAnnual report
「Disaster-related losses 120」
Regarding natural disaster risk, the Northern Osaka Earthquake, the heavy rains in western Japan and record-breaking heat were cited in the economic environment for the quarter, and disaster-related losses of ¥120 million were recorded on the income statement. - FY2019-Q1MaterialisedAnnual report
「Disaster-related losses 14」
Disaster-related losses of ¥14 million were recorded as an extraordinary loss on the income statement, and the risk associated with natural disasters was disclosed as a loss. - FY2018RestatedAnnual report
「Although the Company has established an internal emergency response framework for disasters and other events, a major earthquake, storm or flood, or other natural disaster could significantly disrupt its business activities and affect its financial position and operating results.」
The disclosure continues to describe the potential impacts of major earthquakes, storms and floods on business activities, financial position and operating results, as well as the emergency response framework. - FY2017First statedAnnual report
「Unseasonable weather, such as cool summers and warm winters, may affect the Company's operating results and financial position. Although the Company has established an internal emergency response framework for disasters and other events, a major earthquake, storm or flood, or other natural disaster could significantly disrupt its business activities and affect its financial position and operating results.」
The disclosure indicates the potential impacts of unseasonable weather and major earthquakes, storms and floods on business activities, financial position and operating results.