Risk of losing access to port facilities and vehicle storage yards
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2021: 3 of 10 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「To minimize the impact on the business and restore operations promptly if port facilities become unavailable for normal use, the Group is considering a hub logistics model using nearby ports. It has also formulated a BCP (Business Continuity Plan) in anticipation of such events and is working to maintain and improve its effectiveness.」
As measures against the risk of losing access to port facilities due to congestion, disasters and other events, the Group explicitly stated that it is considering a hub logistics model using nearby ports and improving the effectiveness of its BCP. - FY2023RestatedAnnual report
「The Group uses port facilities in Japan and overseas to transport vehicles. If these facilities cannot be used as usual because of major natural disasters, accidental events, strikes by port workers, port congestion or other factors, the Group may be unable to transport vehicles as scheduled.」
Continued disclosure of the risk that disasters, accidents, strikes and congestion at port facilities could make transportation difficult. - FY2022RestatedAnnual report
「The Group uses port facilities in Japan and overseas to transport vehicles. If these facilities cannot be used as usual because of major natural disasters, accidental events, strikes by port workers, port congestion or other factors, vehicle transportation could become difficult, resulting in lost opportunities from a temporary suspension of operations.」
Restated in specific terms the risk of losing access to port facilities due to disasters, accidents, strikes and congestion. - FY2018First statedAnnual report
「If these port facilities become unusable due to natural disasters, accidents or other events, or if contracts for the use of stockyards end because they are terminated, not renewed, expire or end for another reason, vehicle exports could become difficult, and costs associated with switching to alternative sites could affect the Group's business and performance.」
Identifies continued access to port facilities at origin and destination and to stockyards as a business continuity risk.