Impact of Natural Disasters on Business Assets and Completion Schedules
First written in FY2017. 2 of 4 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2022.
The whole theme swung hardest in 2018: 2 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「The Group is working to reduce these risks by acquiring and developing residential land after fully assessing and considering natural-disaster risks, providing homes with sufficient basic performance against natural disasters, and establishing systems to restore business operations promptly after a disaster.」
Following Typhoon No. 19, the company specified its response to natural-disaster risks through land assessments, housing performance, and systems for an early return to normal operations after a disaster. - FY2020MaterialisedAnnual report
「Typhoon No. 19, which caused flooding to homes across a wide area of eastern Japan, made customers more cautious about purchasing homes.」
Natural-disaster-related caution among customers actually materialized following Typhoon No. 19. - FY2020-Q3MaterialisedAnnual report
「Typhoon No. 19, which caused flooding to homes across a wide area of eastern Japan, made customers more cautious about purchasing homes. / Disaster-related loss: ¥27.767 million」
Flooding caused by Typhoon No. 19 actually resulted in more cautious customer sentiment and a ¥27.767 million disaster-related loss. - FY2017First statedAnnual report
「In the event of a major natural disaster or similar event, the Group's business performance and financial condition may be affected by damage to business assets such as sales offices and to products such as detached houses, repair costs arising from such damage, suspension or delays in operations at sales offices or sites due to personal and property damage or disruptions to lifelines and social infrastructure, and delays in product completion or delivery due to repairs to products or delays in construction and material deliveries.」
The company disclosed the possibility of damage to assets, business suspensions, delays in construction and material deliveries, and delays in completion and delivery due to natural disasters.