Business interruption caused by disasters and social infrastructure disruptions
First written in FY2016. 8 of 13 entries say "Restated". Latest entry: FY2026.
Mitsui-Soko Holdings moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 22 of 49 companies on the "Worse" side.
49 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To prepare for disasters, war, terrorism, infectious diseases and other events causing social disruption and minimise losses, our group takes necessary measures, including conducting routine inspections and maintenance, preparing and updating response manuals, and conducting advance training. However, there is no guarantee that damage caused by earthquakes, wind and water disasters or other disasters, or by disruptions such as power outages and interruptions to communications lines, can be completely prevented.」
The risks of business interruption caused by disasters, social disruption, power outages and communications disruptions, together with responses involving inspections, manuals and training, continue to be disclosed. - FY2024ReframedAnnual report
「Our group also uses information systems technology to provide customers with logistics information and other services. However, disasters, disruptions, accidents, crime and other events may interfere with these information-provision services.」
In addition to the risk of business interruption caused by disasters, power outages and communications disruptions, the risk of information-system disruptions arising from system upgrades and cyberattacks is detailed separately. - FY2022ReframedAnnual report
「Our group also uses information systems technology to provide customers with logistics information and other services. However, disasters, disruptions, accidents, crime and other events may interfere with these information-provision services.」
In addition to the risk of business interruption caused by disasters, power outages and communications disruptions, the company explicitly identifies the risk of the logistics information services provided to customers through information systems being suspended. - FY2020MaterialisedAnnual report
「Although the novel coronavirus disease emerged during the current consolidated fiscal year, the logistics business, our group’s principal business, was required to continue operating in order to help maintain social stability. Accordingly, no impact restricting business activities occurred, including during the state of emergency, and our group has continued operating while implementing infection-prevention measures.」
While the infectious disease risk materialised, the company states that it implemented infection-prevention measures and continued its logistics business during the state of emergency. - FY2020-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of business interruption caused by disasters and social infrastructure disruptions. - FY2019MaterialisedAnnual report
「Losses from disasters － 292」
Losses from disasters of ¥292 million were recognised as extraordinary losses, with disaster risk materialising as an actual loss. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of business interruption caused by disasters and social infrastructure disruptions. - FY2018RestatedAnnual report
「To prepare for disasters and other events and minimise losses, our group takes necessary measures, including conducting routine inspections and maintenance, preparing and updating response manuals, and conducting advance training. However, there is no guarantee that damage caused by earthquakes, wind and water disasters or other disasters, or by disruptions such as power outages and interruptions to communications lines, can be completely prevented.」
Countermeasures involving inspections, manuals and training, as well as residual risks from disasters and social infrastructure disruptions, continue to be disclosed. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first quarter of the current consolidated fiscal year.」
No new occurrence is deemed to have arisen with respect to the risk of business interruption caused by disasters and social infrastructure disruptions. - FY2017-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of business interruption caused by disasters and social infrastructure disruptions. - FY2017-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of business interruption caused by disasters and social infrastructure disruptions. - FY2017-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are deemed to have occurred with respect to the risk of business interruption caused by disasters and social infrastructure disruptions. - FY2016First statedAnnual report
「To prepare for disasters and other events and minimise losses, our group takes necessary measures, including conducting routine inspections and maintenance, preparing and updating response manuals, and conducting advance training. However, there is no guarantee that damage caused by earthquakes, wind and water disasters or other disasters, or by disruptions such as power outages and interruptions to communications lines, can be completely prevented.」
The company describes routine inspections, response manuals and training as countermeasures, while noting the residual risks from disasters, power outages and communications disruptions.