Impact of store concentration and major earthquakes on operations and inventory
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2018: 7 of 17 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group has implemented various measures in preparation for large-scale natural disasters such as major earthquakes, including introducing a safety confirmation system and establishing a business continuity plan (BCP).」
The disclosure continues to address the risk of impacts on operations and inventory from store concentration and major earthquakes, and the response through the safety confirmation system and BCP. - FY2020Details of measures to address natural disastersAnnual report
「The Group has implemented various measures in preparation for large-scale natural disasters such as major earthquakes, including introducing a safety confirmation system and establishing a business continuity plan (BCP).」
The disclosure now specifically states that a safety confirmation system has been introduced and a BCP established to address the existing risks associated with store concentration and major earthquakes. - FY2019RestatedAnnual report
「Our group has major stores concentrated in the southern Kanto region, primarily in Machida, Tokyo. If a major earthquake directly beneath the Tokyo metropolitan area or another major earthquake occurs, it could disrupt inventory and day-to-day operations and affect business performance and financial condition.」
The company continues to disclose the risk that the geographic concentration of its major stores and a major earthquake could affect operations and inventory. - FY2018First statedAnnual report
「Our group has major stores concentrated in the southern Kanto region, primarily in Machida, Tokyo. If a major earthquake directly beneath the Tokyo metropolitan area or another major earthquake occurs, it could disrupt inventory and day-to-day operations and affect business performance and financial condition.」
The company discloses the risk of inventory disruption and suspended operations due to the geographic concentration of its major stores and a major earthquake directly beneath the Tokyo metropolitan area.