Business Interruption Due to Natural Disasters, Accidents, and Infectious Diseases
First written in FY2016. 16 of 25 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 69 of 112 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「The company is implementing various measures while improving its BCP (Business Continuity Plan), including establishing a monitoring system using weather information systems, promoting facility improvements such as seismic reinforcement, and conducting various drills based on assumed disaster scenarios.」
In response to climate change and natural disaster risks, the company is combining weather monitoring, seismic reinforcement, training, and BCP improvements. - FY2025WorsenedAnnual report
「If a major earthquake or a natural disaster such as a large typhoon or torrential rain, whose frequency has been increasing due to climate change, occurs, it may disrupt the Group's business operations, reduce sales through business suspensions and declines in customers, and result in costs for restoring facilities and other assets, thereby affecting the Group's operating results and financial condition.」
Regarding the existing natural disaster risks, the company explicitly recognizes that climate change is increasing the frequency of large typhoons and torrential rain, and places climate change at the forefront as an independent risk factor. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in the principal business and other risks, including business interruption due to natural disasters, accidents, and infectious diseases. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in the principal business and other risks, including business interruption due to natural disasters, accidents, and infectious diseases. - FY2023MitigatedAnnual report
「Following the assault on board a train traveling between Fuda Station and Kokuryo Station on the Keio Line, the company proceeded with installing onboard and station security cameras equipped with real-time transmission capabilities as part of its safety initiatives. It also conducted training with the police and fire department on dealing with violent intruders on trains.」
Following the assault on board a train, the company has proceeded with measures including installing security cameras, conducting response training with the police and fire department, and strengthening its ability to deter and respond to terrorism. - FY2022MaterialisedAnnual report
「On 31 October 2021, an assault occurred inside a train traveling between Fuda Station and Kokuryo Station on the Keio Line.」
The risk previously described as the possibility of accidents, terrorism, and other incidents materialized as the assault on board a Keio Line train, prompting a shift to measures including reviews, training, and enhanced security. - FY2022-Q3Recovery and Concerns over Renewed SpreadAnnual report
「After the state of emergency was lifted at the end of September, demand for travel and lodging improved substantially from the same period of the previous year, but had not reached a full recovery. The Company therefore needed to closely monitor changes in consumer behavior and their effects as infections began to spread rapidly again.」
Although demand improved after the declarations were lifted, the company states that the business impact of infectious disease has continued and that changes in consumer behavior accompanying the rapid spread of infections require close attention. - FY2022-Q2RestatedAnnual report
「Although the Group's business activities improved from the previous corresponding period, they were substantially affected by the prolonged state of emergency and periods covered by priority preventive measures, as transport and accommodation demand remained sluggish and operating hours were shortened, some stores were temporarily closed, and admission was restricted.」
Although conditions improved year on year, the business impact of the prolonged declarations and measures, sluggish demand, shortened operating hours, temporary closures, and admission restrictions has continued. - FY2021-Q3WorsenedAnnual report
「Thereafter, the level of socioeconomic activity increased and demand-boosting measures such as the "Go To Campaign" supported a gradual recovery, but the business environment remains severe and difficult to predict, with infections currently spreading again.」
The effects of declining demand and business interruption associated with infectious disease have continued due to the renewed spread of infections. - FY2021-Q2WorsenedAnnual report
「Although conditions gradually recovered thereafter, the effects of renewed spread of infections, including people refraining from nonessential and nonurgent outings and changes in consumer behavior, continued.」
While some recovery was seen, the effects of business interruption and declining demand resulting from the renewed spread of infections and changes in consumer behavior continued. - FY2021-Q1RestatedAnnual report
「As a corporate group responsible for social infrastructure, the Group regards its mission as protecting customers' health and safe daily lives and supporting their everyday activities, and worked to thoroughly implement measures to prevent COVID-19 infections and maintain its businesses, including railway operations.」
While the risk of business interruption due to infectious diseases continued, the company states that it thoroughly implemented infection prevention measures and worked to maintain its businesses, including railway operations. - FY2020MaterialisedAnnual report
「In addition, in response to COVID-19, the Group established a central response headquarters headed by the President under its BCP (Business Continuity Plan), worked to monitor the spread of infections in Japan and overseas, and, as a corporate group responsible for social infrastructure, worked to prevent the spread of infection and maintain business operations.」
Among the risks of business interruption due to natural disasters, accidents, and infectious diseases, the infectious disease risk materialized as COVID-19, prompting the establishment of a central response headquarters and a shift to business continuity measures. The company also states that it advanced measures to prevent a recurrence of the substation fire. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the nine-month period ended 31 December. In addition, there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2018RestatedAnnual report
「If natural disasters such as earthquakes and typhoons, disasters caused by illegal acts such as terrorism, problems or accidents resulting from equipment malfunctions, including those caused by human factors, accidents caused by third parties at level crossings and elsewhere, or human harm caused by infectious disease outbreaks occur, they may disrupt the Group's business operations, reduce sales through business suspensions and declines in customers, and result in costs for restoring facilities and other assets and paying damages, thereby affecting the Group's operating results and financial condition.」
The company continues to describe the risk of business interruption due to natural disasters, accidents, terrorism, and infectious diseases. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2017RestatedAnnual report
「If natural disasters such as earthquakes and typhoons, disasters caused by illegal acts such as terrorism, problems or accidents resulting from equipment malfunctions, including those caused by human factors, accidents caused by third parties at level crossings and elsewhere, or human harm caused by infectious disease outbreaks occur, they may disrupt the Group's business operations, reduce sales through business suspensions and declines in customers, and result in costs for restoring facilities and other assets and paying damages, thereby affecting the Group's operating results and financial condition.」
The company continues to describe the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new developments or material changes in the risk of business interruption due to natural disasters, accidents, and infectious diseases. - FY2016First statedAnnual report
「If natural disasters such as earthquakes and typhoons, disasters caused by illegal acts such as terrorism, problems or accidents resulting from equipment malfunctions, including those caused by human factors, accidents caused by third parties at level crossings and elsewhere, or human harm caused by infectious disease outbreaks occur, they may disrupt the Group's business operations, reduce sales through business suspensions and declines in customers, and result in costs for restoring facilities and other assets and paying damages, thereby affecting the Group's operating results and financial condition.」
The company lists the range of disaster and accident risks associated with operating a business with extensive facilities and a large number of customers and employees.