Business continuity risks arising from natural disasters and accidents
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 22 of 111 companies on the "Worse" side.
- FY2023RestatedAnnual report
「Among climate change risks, the risks associated with natural disasters, particularly large-scale earthquakes, storms, and floods, are increasing year by year. If such a major disaster occurs on a scale exceeding expectations, damage to office facilities, system failures, employees being unable to commute because of disruptions to transportation, and interruptions to social infrastructure could force the Group to curtail or suspend its business activities」
The Company maintains its recognition that natural disaster risks are increasing year by year and discloses measures involving its safety confirmation system, emergency response framework, business continuity plan, and backup center. - FY2022WorsenedAnnual report
「Among climate change risks, the risks associated with natural disasters, particularly large-scale earthquakes, storms, and floods, are increasing year by year,」
The Company newly made explicit its recognition that the risks of natural disasters are increasing year by year while indicating their relationship with climate change. - FY2021MitigatedAnnual report
「The Company has introduced a safety confirmation system to confirm the safety of employees and established a framework under which emergency measures can be activated immediately pursuant to its risk management rules and crisis management rules. It has also formulated a Business Continuity Plan that comprehensively considers these disasters, accidents, and other events, and uses a backup center to restore operations after an event occurs」
For business continuity risks arising from natural disasters and other events, the Company identifies its safety confirmation system, emergency response framework, business continuity plan, and backup center as specific countermeasures. - FY2019RestatedAnnual report
「The Company assumes all risks that could materially affect the continuity of the Group's business, including large-scale natural disasters that may occur in the future, major accidents involving people or property, and reputational damage,」
The Group continues to maintain crisis management rules, an emergency response framework, and a business continuity plan based on natural disasters, accidents, reputational damage, and other events. - FY2019-Q1WorsenedAnnual report
「In addition to uncertainty in overseas economies and the effects of volatility in financial and capital markets, it is also necessary to consider the economic impact of a succession of natural disasters, and an uncertain situation continues.」
As successive natural disasters create a need to consider their economic impact, external risks to business continuity arising from natural disasters and accidents have been described more specifically. - FY2017RestatedAnnual report
「The Company assumes all risks that could materially affect the continuity of the Group's business, including large-scale natural disasters that may occur in the future, major accidents involving people or property, and reputational damage,」
The Group continues to maintain crisis management rules, an emergency response framework, and a business continuity plan based on the possibility of natural disasters, accidents, and other events. - FY2016First statedAnnual report
「The Company assumes all risks that could materially affect the continuity of the Group's business, including large-scale natural disasters that may occur in the future, major accidents involving people or property, and reputational damage,」
The Group has established management risk management rules, crisis management rules, and a business continuity plan, but states that damage cannot be completely avoided.