Impact of COVID-19 on construction progress and order intake
First written in FY2021-Q1. 2 of 11 entries say "Worsened", first in FY2021-Q2. Latest entry: FY2024-Q1.
The whole theme swung hardest in 2024: 6 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「Following the easing of activity restrictions related to COVID-19, efforts toward the normalization of economic activity progressed, and conditions remained on a gradual recovery trend.」
Regarding COVID-19, the easing of activity restrictions and normalization of economic activity were reported, indicating an improvement in the business environment from the previous impact of voluntary suspension of activities and delays in construction progress. - FY2023MitigatedAnnual report
「The impact of COVID-19, the situation in Ukraine and other factors is considered minor because no event has occurred that could have a material impact on the operating results or other conditions of the group.」
While the impact of the infection and other factors on construction progress had been reported in the past, no material impact on full-year operating results or other conditions had occurred, and the company indicated that the impact was considered minor. - FY2023-Q2MaterialisedAnnual report
「Although no event associated with COVID-19 or the situation in Ukraine that could have a material impact on the group’s business results or other conditions has occurred, delays in supplied materials and other items have caused delays in some construction projects.」
While the impact of the infection and other factors on operating results was judged not to be material, it was stated that delays in some construction projects had actually occurred due to delays in the delivery of supplied materials and other items. - FY2023-Q1RestatedAnnual report
「The impact of COVID-19, the situation in Ukraine and other factors is considered minor because no event has occurred that could have a material impact on the operating results or other conditions of the group.」
No material impact on operating results from COVID-19 or other factors has occurred, and the company continues to indicate that the impact is considered minor. - FY2022Impact judged to be minorAnnual report
「The impact of COVID-19, the situation in Ukraine and other factors is considered minor because no event has occurred that could have a material impact on the operating results or other conditions of the group.」
While the impact of the infection on construction progress and orders continues to be reported, no material impact on operating results, including the situation in Ukraine and other factors, has occurred, and the impact was judged to be minor. - FY2022-Q3WorsenedAnnual report
「Regarding the Japanese economy during the first nine months of the current fiscal year, economic activity showed signs of gradually moving toward normalization following the full lifting at the end of September of states of emergency and other measures imposed in response to COVID-19. However, the outlook again became uncertain as the number of new infections from a new variant increased sharply.」
The risk to the business environment from the infection changed from signs of normalization to a sharp increase in cases of new variants and renewed uncertainty about the outlook. - FY2022-Q2RestatedAnnual report
「Regarding the business environment surrounding the group, construction progress on some projects continues to be delayed due to voluntary suspension of activities and delays in the delivery of construction materials, although」
Delays in the progress of some construction projects caused by voluntary suspension of activities and delays in the delivery of construction materials due to the infection continue to be cited as short-term impacts. - FY2022-Q1Continuing impactAnnual report
「Regarding the business environment surrounding the group, construction progress on some projects has been delayed in the short term due to voluntary suspension of activities and delays in the delivery of construction materials, although」
Delays in the progress of some construction projects caused by voluntary suspension of activities and delays in the delivery of construction materials due to COVID-19 continue to be cited as short-term impacts. - FY2021-Q3Partial normalization of the impact and concerns about renewed spreadAnnual report
「In the first half of the fiscal year, construction progress was delayed on some projects due to voluntary suspension of activities and delays in the delivery of construction materials, and new order acquisition was also affected, but conditions are now beginning to normalize. In the short term, there are concerns about the impact on the business from a renewed spread of COVID-19」
While the impact on construction progress and new orders that occurred in the first half of the fiscal year is beginning to normalize, concerns remain about the short-term impact of a renewed spread of the infection. - FY2021-Q2WorsenedAnnual report
「Regarding the Japanese economy during the first six months of the current fiscal year, conditions remained severe due to the prolonged impact of the COVID-19 pandemic. Going forward, the timing of the pandemic's containment remains unforeseeable, and there are concerns that uncertainty about the outlook will continue.」
The impact of COVID-19 became prolonged, and the timing of its resolution could no longer be foreseen. Delays in construction progress caused by voluntary suspension of activities and delays in the delivery of construction materials, as well as the impact on new orders, have also continued. - FY2021-Q1First statedAnnual report
「The impact of the spread of COVID-19 is considered minor because no event has occurred that could have a material impact on the operating results or other conditions of the group. In the information and communications engineering business, the group's core business, construction progress has been delayed on some projects due to voluntary suspension of activities and delays in the delivery of construction materials, and new order acquisition has also been affected, but the business environment has remained generally firm.」
It was stated that COVID-19 had actually caused voluntary suspension of activities, delays in the delivery of construction materials, delays in the progress of some construction projects and an impact on new orders. At the same time, the company judged that no material impact on operating results or other conditions had occurred and that the impact was minor.