Abstract
It is useful to assess the financial impact from earthquake for companies' damage scenarios, and quantification of economic damage. The result of assessment contributes companies' mitigation strategy and mitigates financial damage. Therefore, this paper focused on changes in financial statement, and analyzed the financial impact which the Great East Japan Earthquake had on to listed manufacturing industry.
The results of our analysis clearly showed the following: 1) Many companies reported that extraordinary loss on disaster was around 10% of ordinary income, 2) Companies without risk finance had increased the debt about 10-20%, 3) Ordinary income reduced about 30% as compared with pre-earthquake. We also clarified that BCP is effective to mitigate sales damage.
