Taiyo Oil Co., Ltd. (President & CEO: Yutaka Oka) has carried out a drill regarding the handling of its business continuity plan (BCP) in the event of a massive earthquake, as described below.
Taiyo Oil formulated its BCP envisioning Nankai Trough megathrust earthquakes and Tokyo inland earthquakes so that it can maintain its responsibility in providing a stable supply of petroleum products even when disasters occur (such as massive earthquakes), and it has undertaken initiatives to ensure continual improvement of its response capabilities based on BCP and to resolve other issues by implementing drills and training, and more.
During the drill, various situations and demands related to a massive Nankai Trough earthquake strike were established without the scenario being revealed to the participants, who were then required to cooperate with damaged operations and become proficient in confirming and responding to the practical BCP operations being carried out by the Crisis Countermeasures Headquarters and each countermeasures group.
The deputy chief of the Crisis Countermeasures Headquarters as well as certain other participants also took part in the drill from remote environments to maintain and strengthen crisis response capabilities during a contagious epidemic, and to isolate new issues.
In addition to covering all factors that had been clarified and moving ahead with response measures in order to enhance effectiveness and efficiency, we will also carry out drills and training, etc., systematically into the future to ensure that Taiyo Oil is able to provide a stable supply of petroleum products during emergencies.
Date and time
November 17, 2020 (Tuesday), 1:15 p.m. - 5:30 p.m.
Head Office (Uchisaiwaicho, Chiyoda-ku, Tokyo)
Shikoku Operations (Kikumacho, Imabari City, Ehime Prefecture)
Headquarters executives including Y. Oka, President: 9 attendees
Head Office Employees: 23 attendees
Shikoku Operations Employees: 5 attendees
(* 10 attendees on remote linkups)
Objectives of Drill
- Boosting disaster-response capabilities in order to realize early resumption of supply operations in disaster-affected areas in alignment with the BCP.
- Maintaining and strengthening organizational crisis response capabilities during disasters with a contagious epidemic, and isolating new issues.
- On the day of the drill, it was envisioned that a Nankai Trough megathrust earthquake occurred at 1:30 p.m., and the drill confirmed response capabilities from the moment of the strike to 14 hours after.
- A Crisis Countermeasures Headquarters was set up at the Head Office after the massive earthquake struck.
- It was assumed that a certain number of executives and employees were working from home due to a contagious epidemic, and they responded remotely.
- Information was collected from refineries, oil terminals, affiliated service stations, customers, and transport companies, etc., and supply and sales plans created.
- Initial responses related to “collaborative plans for supplying oil during disasters” as set forth in the “Oil Stockpiling Act” were confirmed.