Losses and Reputational Damage from Major Disasters and Accidents
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2025.
Sankyu moved to the "Worse" side of this theme in 2018.
2 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group is undertaking various initiatives to eliminate disasters and accidents, including physical measures involving equipment and operational measures such as employee training. However, if an occupational safety or health issue arises, it may affect the Group's operating results and financial position.」
The potential impact of serious accidents and disasters, and the response through equipment measures and employee training, continue to be included as risk items. - FY2023-Q2MaterialisedAnnual report
「Ordinary profit was ¥21.844 billion due to insurance proceeds related to an overseas warehouse fire and foreign exchange gains resulting from the weaker yen, and 19.0%」
An overseas warehouse fire actually occurred, and the related insurance proceeds were cited as a factor behind the increase in ordinary profit. - FY2022RestatedAnnual report
「Based on the code of conduct that states, "Safety takes priority in everything we do," the Group is undertaking various initiatives on both the physical side, including equipment measures, and the operational side, including employee training and rule-setting, to eliminate disasters and accidents. However, if a safety issue arises, it may affect the Group's operating results and financial position.」
The potential impact of serious disasters and accidents, and the Group's response through equipment measures, employee training and rule-setting, continue to be disclosed. - FY2020-Q2MaterialisedAnnual report
「In on-site operations, although raw-material handling and transportation work declined due to the impact of typhoons, on-site production of infrastructure-related materials and equipment increased, while work-unit prices also improved, resulting in higher revenue and higher profit for the logistics business as a whole.」
The disclosure states that raw-material handling and transportation work actually declined due to the impact of typhoons. Meanwhile, the logistics business as a whole reported higher revenue and higher profit because of increased volumes in other operations and improved unit prices. - FY2019-Q2MaterialisedAnnual report
「In the 3PL business, although fuel costs rose and operations were affected by disasters such as torrential rain, deliveries to stores remained firm and handling volumes of consumer goods and chemical products also increased, resulting in higher revenue and higher profit.」
The disclosure states that disasters such as torrential rain actually affected the 3PL business, but the business as a whole reported higher revenue and higher profit on the strength of deliveries to stores and other operations. - FY2017RestatedAnnual report
「If an accident, disaster or other incident occurs in the course of performing work, the Group may incur not only damages payable to customers and compensation for victims, but also restrictions on its business activities due to a decline in its social credibility.」
The risks of costs, reputational damage and restrictions on business activities resulting from serious accidents and disasters continue to be disclosed. - FY2016First statedAnnual report
「If an accident, disaster or other incident occurs in the course of performing work, the Group may incur not only damages payable to customers and compensation for victims, but also restrictions on its business activities due to a decline in its social credibility.」
The effects of accidents and disasters are described as including not only damages and compensation costs, but also effects on social credibility and business activities.