Natural Disaster Risk from Concentration of Logistics Centers
First written in FY2016. 2 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2022: 3 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group is working to mitigate risks, including by establishing multiple distribution locations.」
In response to the risk of distribution stoppages caused by natural disasters and other events, the Group continues to conduct evacuation and disaster-prevention education and training and establish multiple distribution locations. - FY2021MitigatedAnnual report
「The Group is working to mitigate risks, including by establishing multiple distribution locations.」
In response to the risk of distribution stoppages caused by natural disasters and other events, the Group continues to establish multiple distribution locations. - FY2020MitigatedAnnual report
「The Group is working to mitigate risks, including by establishing multiple distribution locations.」
In response to the previous risk arising from the concentration of distribution functions, the Group has explicitly stated that it is establishing multiple distribution locations. - FY2019ReframedAnnual report
「If a major earthquake, typhoon or other natural disaster, or an unforeseen accident, were to occur in the vicinity of the Group's offices or warehouse facilities, causing damage to those offices, warehouses or other facilities and disrupting the Group's business activities or distribution functions, or if human casualties were to occur, the resulting suspension of distribution functions could halt operations and reduce sales, among other effects.」
The disclosure has been recast from the previous focus on concentration at the distribution centre in Nara Prefecture to cover natural disaster risks involving damage to offices and warehouse facilities generally, as well as distribution functions, business activities and human casualties. - FY2017RestatedAnnual report
「In particular, shipments of merchandise to stores nationwide are handled solely through the distribution centre in Nara Prefecture. If a major natural disaster were to occur near that distribution centre, the resulting suspension of distribution functions could halt operations and reduce sales, among other effects.」
The risk of natural disasters arising from the concentration of shipping operations at the distribution centre in Nara Prefecture continues to be disclosed. - FY2016First statedAnnual report
「In particular, shipments of merchandise to stores nationwide are handled solely through the distribution centre in Nara Prefecture. If a major natural disaster were to occur near that distribution centre, the resulting suspension of distribution functions could halt operations and reduce sales, potentially affecting the operating performance and financial condition of the Group.」
The concentration of shipments to stores nationwide at the distribution centre in Nara Prefecture is identified as a risk of suspended operations and lower sales in the event of a natural disaster.