Railway Safety and Business Operations Risks Arising from Terrorism, Crime, Large-Scale Disasters, etc.
First written in FY2017. 4 of 10 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2023.
East Japan Railway Company moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Materialised".
- FY2023MaterialisedAnnual report
「The company recognized the estimated amount of costs in preparation for expenditures including restoration costs arising from the torrential rain disaster that occurred in August 2022.」
Regarding natural disaster risk, a torrential rain disaster occurred in August 2022, and the company recognized a provision for disaster losses related to restoration costs and other expenses. - FY2022MaterialisedAnnual report
「In addition, as a result of the Fukushima offshore earthquake that occurred on 16 March 2022, Tohoku Shinkansen train cars and facilities were damaged, forcing the suspension of service on part of the line.」
As a natural disaster risk, damage to Tohoku Shinkansen train cars and facilities and the resulting service suspension occurred as a result of the Fukushima offshore earthquake. - FY2022-Q1MaterialisedAnnual report
「Following the damage caused by the Fukushima offshore earthquake in February 2021, the company accelerated earthquake countermeasures for concrete electrification poles on Shinkansen viaducts.」
Damage occurred as a result of the Fukushima offshore earthquake, and the company accelerated earthquake countermeasures for electrification poles based on the damage sustained. - FY2020WorsenedAnnual report
「The loss from disasters and the provision for disaster losses include costs related to the restoration of railway facilities, excluding the Nagano Shinkansen rolling stock center, as well as costs related to scrapping 8 E7-series Shinkansen train sets damaged by flooding.」
Disaster losses and provisions, including costs related to scrapping 8 E7-series train sets, were recognized for damage caused by Typhoons No. 15 and 19, demonstrating the actual impact of natural disaster risk. - FY2020-Q3WorsenedAnnual report
「The loss from disasters and the provision for disaster losses include costs related to the restoration of railway facilities, excluding the Nagano Shinkansen rolling stock center, as well as costs related to scrapping 8 E7-series Shinkansen train sets damaged by flooding.」
Additional details became clear regarding losses and provisions related to the damage caused by Typhoons No. 15 and 19, including the scrapping of 8 E7-series train sets. - FY2020-Q2MaterialisedAnnual report
「The company suffered extensive damage, mainly to Hokuriku Shinkansen train cars and conventional railway facilities, as a result of Typhoon No. 19, which made landfall on 12 October 2019. As a result, service on part of the Hokuriku Shinkansen between Nagano and Joetsu-Myoko was suspended, but direct service between Tokyo and Kanazawa resumed on 25 October.」
As a significant subsequent event after the filing, Typhoon No. 19 caused extensive damage to Hokuriku Shinkansen train cars and conventional railway facilities, and service was suspended on part of the Hokuriku Shinkansen. Direct service between Tokyo and Kanazawa resumed on 25 October. - FY2019RestatedAnnual report
「In the railway business, significant losses may occur if an accident results from a natural disaster, human error, crime or terrorist act, or if a nuclear power plant accident or a major outbreak of an infectious disease occurs.」
The company continued to disclose safety and business-operation risks arising from human error, natural disasters, crime and terrorism, infectious diseases, and nuclear power plant accidents. - FY2018-Q3RestatedAnnual report
「In the Group’s businesses, including the railway business, significant losses may occur if an accident results from human error, or if a natural disaster, war or terrorism, a major outbreak of an infectious disease, or a nuclear power plant accident occurs.」
The company continued to disclose business-operation risks arising from human error, natural disasters, war and terrorism, infectious diseases, and nuclear power plant accidents. - FY2018-Q2RestatedAnnual report
「In the Group’s businesses, including the railway business, significant losses may occur if an accident results from human error, or if a natural disaster, war or terrorism, a major outbreak of an infectious disease, or a nuclear power plant accident occurs.」
The company continued to disclose railway and business-operation risks arising from human error, natural disasters, war and terrorism, infectious diseases, and nuclear power plant accidents. - FY2017First statedAnnual report
「In the railway business, significant losses may occur if an accident results from a natural disaster, human error, crime or terrorist act, or if a nuclear power plant accident or a major outbreak of an infectious disease occurs.」
The company identified crime and terrorism, nuclear power plant accidents, and infectious diseases as major sources of loss in the railway business. It cited patrols at stations and aboard Shinkansen trains, security cameras, and cooperation with relevant authorities as countermeasures.