Risk of disruption to feedstock procurement due to overseas dependence, accidents at LNG facilities and other factors
First written in FY2019. 5 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 4 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Although no disruption to raw material procurement attributable to geopolitical risks, including the Russia-Ukraine issue and the situation in the Middle East, had occurred as of the end of May 2026, the company will continue working with the relevant parties to ensure a stable supply of city gas.」
While stating that no disruption to raw material procurement arising from the Russia-Ukraine issue or the situation in the Middle East had occurred, the company describes its vigilance regarding geopolitical risks and its continued commitment to stable supply. - 2026-04-28RestatedRevision of earnings forecasts
「Although we do not have long-term contracts for LNG from Qatar and other sources within the Strait of Hormuz, it is difficult to accurately predict the impact of the current international situation, including escalating tensions in the Middle East, on the procurement of raw materials and other matters.」
The company continues to indicate that the impact of the situation in the Middle East on raw-material procurement is difficult to predict, and has prepared its accounting estimates on the assumption that procurement transactions will continue. - FY2024WorsenedAnnual report
「Although no disruption to raw material procurement attributable to geopolitical risks, including the Russia-Ukraine issue and the situation in the Middle East, had occurred as of the end of May 2024, the company will continue working with the relevant parties to ensure a stable supply of city gas.」
While stating that no disruption to raw material procurement had occurred, the company identifies the situation in the Middle East, in addition to the existing Russia-Ukraine situation, as a geopolitical risk. - FY2024-Q1RestatedAnnual report
「The company also procures raw materials from Russia, but it is difficult to accurately predict the impact of the current international situation surrounding Russia and Ukraine on raw material procurement. The Group makes accounting estimates on the assumption that procurement transactions will continue.」
The company continues to disclose the impact of the Russia-Ukraine situation on raw material procurement as a risk that is difficult to predict, and makes accounting estimates on the assumption that procurement transactions will continue. - FY2023-Q3RestatedAnnual report
「The company also procures raw materials from Russia, but it is difficult to accurately predict the impact of the current international situation surrounding Russia and Ukraine on raw material procurement.」
The company continues to disclose the impact of the Russia-Ukraine situation on raw material procurement as a risk that is difficult to predict, and makes accounting estimates on the assumption that procurement transactions will continue. - FY2023-Q1RestatedAnnual report
「The company also procures raw materials from Russia, but it is difficult to accurately predict the impact of the current international situation surrounding Russia and Ukraine on raw material procurement. The Group makes accounting estimates on the assumption that procurement transactions will continue.」
The company continues to disclose the impact of the Russia-Ukraine situation on raw material procurement as a risk that is difficult to predict, while making accounting estimates on the assumption that procurement transactions will continue. - FY2022WorsenedAnnual report
「Although no disruption to raw material procurement attributable to the Russia-Ukraine issue had occurred as of the end of May 2022, the company will continue working with the relevant parties to ensure a stable supply of city gas.」
In addition to the existing risks related to overseas dependence, source countries and LNG facilities, the company identifies disruptions to raw material procurement arising from the Russia-Ukraine issue as a specific concern. However, no disruption had occurred as of the end of May 2022. - FY2020MitigatedAnnual report
「The company currently purchases LNG from 16 projects in 6 countries and is diversifying its procurement sources. It is also pursuing stable and flexible LNG procurement, including through flexible vessel deployment using company-managed LNG carriers and other vessels and the use of trading, thereby diversifying the risk of disruptions to raw material procurement.」
The company is strengthening measures to address overseas dependence and facility accidents by expanding procurement sources and using flexible vessel deployment and trading. - FY2019First statedAnnual report
「Because the company relies on imports from overseas for most of the raw materials used in city gas, including natural gas, the supply of city gas could be disrupted if raw materials cannot be procured for an extended period due to country risks in source countries, problems at gas fields or LNG liquefaction terminals, incidents while LNG carriers are in transit, port entry restrictions in Tokyo Bay or other factors.」
The company identifies prolonged disruptions to raw material procurement arising from overseas dependence, source countries, gas fields and liquefaction terminals, LNG carriers and port entry restrictions as new risks. It cites diversification of procurement sources and flexible vessel deployment as countermeasures.