Risk of Dependence on Infrastructure and System Availability
First written in FY2023. 1 of 3 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2024.
The whole theme swung hardest in 2026: 16 of 81 companies on the "Worse" side.
- FY2024RestatedAnnual report
「Although we have strengthened our systems and security for stable operations and take every possible precaution in operating and managing our systems, our high dependence on systems because remote work is our primary operating foundation means that unforeseen natural disasters, accidents causing substantial facility damage, system or network failures, virus infections, software or hardware defects and cyberattacks could disrupt operations and materially affect the group’s business and results.」
Continues to disclose the risk of disruption arising from dependence on remote-work infrastructure while describing system and security enhancements. - FY2024-Q1MaterialisedAnnual report
「We extend our deepest sympathies to everyone affected by the 2024 Noto Peninsula Earthquake and pray for the swift recovery of the affected areas. The earthquake had only a minor impact on our business, and although some employees live in the region, there were no injuries.」
The Noto Peninsula Earthquake occurred as a natural disaster, but its impact on the business was minor and there were no personal injuries. - FY2023First statedAnnual report
「Because remote work is our primary operating foundation, we are highly dependent on various systems. If facilities suffer substantial damage from an unforeseen natural disaster or accident, or if a system failure, network failure, virus infection, software or hardware defect, cyberattack or other event occurs, operations could be disrupted and our business and results could be materially affected.」
Probability: medium; timing: unspecified; impact: high.