Regional Concentration Risk of Business Locations and Assets
First written in FY2016. 3 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 10 of 42 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Although it is difficult to avoid all risks related to natural disasters and other events, we maintain disaster preparedness manuals, have introduced an employee safety confirmation system, and conduct regular disaster preparedness drills and drills for reporting the extent of disaster damage in order to minimize their impact.」
The response through disaster preparedness manuals, a safety confirmation system, disaster preparedness drills, and drills for reporting the extent of disaster damage continues. - FY2023MitigatedAnnual report
「Although it is difficult to avoid all risks related to natural disasters and other events, we maintain disaster preparedness manuals, have introduced an employee safety confirmation system, and conduct regular disaster preparedness drills and drills for reporting the extent of disaster damage in order to minimize their impact.」
The response measures have been made more specific, including disaster preparedness manuals, an employee safety confirmation system, disaster preparedness drills, and drills for reporting the extent of disaster damage. - FY2022RestatedAnnual report
「We are preparing for disasters related to this risk by maintaining disaster preparedness manuals and conducting regular evacuation drills and safety confirmation checks. For natural disasters for which forecasts are issued, we prioritize the safety of customers and employees and prevent personal injury by taking measures such as closing stores in advance.」
The response to geographic concentration risk through disaster preparedness manuals, drills, safety confirmation checks, and precautionary store closures has been reconfirmed. - FY2021MitigatedAnnual report
「We are preparing for disasters related to this risk by maintaining disaster preparedness manuals and conducting regular evacuation drills and safety confirmation checks. For natural disasters for which forecasts are issued, we prioritize the safety of customers and employees and prevent personal injury by taking measures such as closing stores in advance.」
Measures addressing geographic concentration risk, including disaster preparedness manuals, drills, safety confirmation checks, and precautionary store closures, have been explicitly identified. - FY2019-Q3Disaster loss of ¥25 million recognizedAnnual report
「Disaster loss 25,233」
Regarding the geographic concentration risk associated with the Hokkaido Eastern Iburi Earthquake, disaster loss of ¥25.233 million was recognized as an extraordinary loss during the cumulative third-quarter period under review. - FY2019-Q2MaterialisedAnnual report
「Although sales at Kushidori, a yakitori restaurant chain operating mainly in Hokkaido, and other businesses declined as a result of the Hokkaido Eastern Iburi Earthquake that occurred on 6 September 2018, sales were at the same level as in the corresponding period of the previous year, partly because we opened the 3 stores described below.」
An earthquake actually occurred in Hokkaido, where the business and stores are concentrated, and its impact emerged in the form of lower sales at Kushidori and other businesses. - FY2017RestatedAnnual report
「Because the Group's business locations and owned assets are concentrated in the Tokyo metropolitan area, Sapporo, and the Hanshin area, the Group's operating results and financial condition may be affected, depending on the scale and other factors, if a major natural disaster causes damage in these regions or if an accident, fire, terrorist incident, or other man-made disaster occurs.」
The risk of natural disasters and other events arising from the geographic concentration of business locations and assets continues. - FY2016First statedAnnual report
「Because the Group's business locations and owned assets are concentrated in the Tokyo metropolitan area, Sapporo, and the Hanshin area, the Group's operating results and financial condition may be affected, depending on the scale and other factors, if a major natural disaster causes damage in these regions or if an accident, fire, terrorist incident, or other man-made disaster occurs.」
The geographic concentration of business locations and owned assets is identified as a risk factor.