Risk of Business Activity Interruptions Caused by Natural Disasters
First written in FY2017. 3 of 8 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2018: 21 of 93 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「To address these risks, the Group has established a system for continuing operations or restoring them promptly in the event of an emergency, including by establishing a basic policy for responding to major disasters and other events and formulating a business continuity plan (BCP).」
The response to natural disaster and infectious disease risks has been given concrete form through a basic disaster response policy, preparation of a BCP and establishment of a prompt recovery structure. - FY2023RestatedAnnual report
「Although the Company has established an internal emergency response structure for natural disasters and other events, a major earthquake, storm or flood, or infectious disease outbreak may seriously disrupt the Group's business activities and affect its financial position, operating results and other matters.」
The risk of business disruption caused by natural disasters and infectious diseases, together with the internal emergency response structure, continues to be disclosed. - FY2021-Q2RestatedAnnual report
「Following requests to refrain from going out and restrictions on domestic and international travel due to the spread of COVID-19, operating revenue declined significantly from March 2020, mainly in the Group's restaurant, comprehensive fitness club and general travel businesses.」
The contraction and disruption of business activities due to infectious diseases continues to materialize as lower operating revenue in the restaurant, fitness and travel businesses. - FY2021-Q1MaterialisedAnnual report
「Following requests to refrain from going out and restrictions on domestic and international travel due to the spread of COVID-19, operating revenue declined significantly from March 2020, mainly in the Group's restaurant, comprehensive fitness club and general travel businesses.」
The risk of business disruption and contraction due to infectious diseases actually materialized as lower operating revenue in the restaurant, fitness and travel businesses. - FY2020MaterialisedAnnual report
「The Group has also begun to see a considerable impact on current performance, including sluggish sales of apparel, household goods and tenants at large shopping centers due to fewer visitors, fewer customers at restaurants, temporary closures and reduced operating activity in the comprehensive fitness club business, and a succession of travel reservation cancellations in the general travel business, with no prospect of recovery in sight.」
The risk associated with infectious diseases is described as having actually affected performance through fewer visitors, sluggish sales, closures and reduced operations, and travel reservation cancellations resulting from the spread of COVID-19. - FY2019-Q3MaterialisedAnnual report
「The July 2018 Heavy Rains in Western Japan caused some stores to suspend operations and had a significant impact on performance.」
The risk of business disruption caused by natural disasters actually materialized as some stores suspending operations and an impact on performance. - FY2018WorsenedAnnual report
「Although the Company has established an internal emergency response structure for natural disasters and other events, a major earthquake, storm or flood, or outbreak of an infectious disease may seriously disrupt the Group's business activities and affect its financial position, operating results and other matters.」
In addition to the risk of business disruption caused by natural disasters, outbreaks of infectious diseases have been explicitly identified as an influencing factor. - FY2017First statedAnnual report
「The occurrence of a major earthquake, storm or flood, or other such event, may seriously disrupt the Group's business activities and affect its financial position, operating results and other matters.」
Separate from the decline in travel demand caused by the past Kumamoto and Oita earthquakes, the risk of natural disasters leading to disruption of business activities across the store network is described as a general risk for the first time.