Thirty percent of large companies have no business continuity plans
Posted On: Apr. 17, 2018 7:37 AM CSTA survey by Japan's Ministry of Economy, Trade and Industry found that about 70% of large companies and fewer than 30% of small companies have drawn up plans to continue product supply in the event of natural disasters, The Japan Times reported. Twelve semiconductor makers including Sony Corp. and Renesas Electronics Corp. have agreed to sign a pact to mitigate the impact of disasters on their businesses following the 2016 Kumamoto Prefecture earthquakes. Additionally, automakers are looking to decentralize production bases and set anti-disaster measures for their supply chains.