Disaster Risk Associated with Concentration in the Tokyo Metropolitan Area
First written in FY2016. 6 of 14 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2026.
First-corporation moved to the "Worse" side of this theme in 2020.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If a natural disaster such as an earthquake, tsunami, storm or flood, or a pandemic or other infectious disease outbreak occurs, properties under construction, assets held and the officers and employees of our group could suffer direct damage, which could affect our group's business development, financial condition and operating results.」
We continue to disclose the risks of natural disasters, infectious diseases and other events associated with the concentration of our business in the Tokyo metropolitan area. - FY2023-Q3RestatedAnnual report
「During the cumulative nine-month period under review, although the prolonged impact of COVID-19 continued, the easing of restrictions on activities and other measures advanced the normalization of economic activity. Meanwhile, the outlook for the economy remained uncertain due to rising prices resulting from soaring global raw material and resource prices associated with the prolonged situation in Ukraine, as well as the weakening of the yen resulting from monetary tightening by the United States, European and other countries.」
The company continues to describe a situation in which economic activity is normalizing following the impact of infectious diseases while uncertainty persists due to geopolitical conditions, resource prices and the weaker yen. - FY2023-Q2COVID-19 impacts normalized while uncertainty persistedAnnual report
「During the cumulative six-month period under review, the Japanese economy showed signs of moving toward normalization following the impact of COVID-19. However, the outlook remained uncertain due to persistently high crude oil and raw material prices resulting from the prolonged situation in Ukraine, as well as the historically weak yen.」
The company notes both the move toward economic normalization following COVID-19 and uncertainty resulting from the situation in Ukraine, persistently high crude oil and raw material prices, and the weaker yen. - FY2023-Q1Normalization of socioeconomic activity disclosedAnnual report
「Partly due to the effects of various government policies addressing COVID-19, socioeconomic activity moved toward normalization, and signs of a broad-based recovery were observed.」
The company reports signs of normalization and recovery in socioeconomic activity resulting from policy measures addressing infectious diseases, while also noting uncertainty related to the situation in Ukraine and the weaker yen. - FY2022COVID-19 impacts continued while economic activity was expected to coexist with infection-control measuresAnnual report
「Although the spread of COVID-19 will continue to have an impact, we expect that, with the broader adoption of vaccinations, preventing the spread of infection and maintaining economic activity will become established, and that a lifestyle compatible with COVID-19 will take hold.」
While the impact of infectious diseases remains, the company also indicates that preventing the spread of infection and maintaining economic activity are expected to become established against the backdrop of vaccinations. - FY2022-Q3WorsenedAnnual report
「In Japan, the spread of vaccinations and a decline in the number of infections had led to the resumption of economic activity and signs of an economic recovery. However, the emergence of new variants means that the end of the COVID-19 pandemic remains unforeseeable, and difficult conditions continue.」
Although economic activity has resumed and shown signs of recovery, the end of the infectious disease pandemic remains unforeseeable due to the emergence of new variants. - FY2022-Q2Economic recovery and continued uncertainty coexistAnnual report
「Although signs of a recovery in economic activity have emerged due to the lifting of the state of emergency and increased vaccination rates, the outlook remains uncertain, including because of surging crude oil and other resource prices and raw material prices.」
The company describes signs of a recovery in economic activity related to COVID-19, while stating that the outlook remains uncertain due to surging resource and raw material prices. - FY2022-Q1MaterialisedAnnual report
「Although COVID-19 vaccinations have begun, the impact of its worldwide spread continues, and the outlook remains uncertain.」
The company states that uncertainty caused by the worldwide spread of infectious diseases continues to affect the business environment. - FY2021-Q3MaterialisedAnnual report
「It is difficult to accurately predict how the impact of COVID-19 will spread or when it will subside. Accordingly, based on external information available when preparing the quarterly financial statements, we have assumed that the impact will continue for a certain period of the fiscal year ending May 2021, and have estimated the percentage of completion for construction projects and the recoverability of deferred tax assets.」
We have reflected in our accounting estimates the assumption that the impact of COVID-19 would continue for a certain period of the fiscal year ending May 2021, and the impact of infectious disease risk on the business and financial position has continued to materialize. - FY2021-Q2MaterialisedAnnual report
「It is difficult to accurately predict how the impact of COVID-19 will spread or when it will subside. Accordingly, based on external information available when preparing the quarterly financial statements, we have assumed that the impact will continue for a certain period of the fiscal year ending May 2021, and have estimated the percentage of completion for construction projects and the recoverability of deferred tax assets.」
We have reflected in our accounting estimates the assumption that the impact of COVID-19 would continue for a certain period of the fiscal year ending May 2021. The impact of infectious disease risk on the business and financial position has continued to materialize. - FY2021-Q1MaterialisedAnnual report
「In the construction industry, public construction investment remained relatively firm, but the impact of COVID-19 led to cautious domestic capital spending and a decline in private construction investment, including a decrease in the number of new housing starts.」
Regarding the infectious disease pandemic previously identified as a risk, the company records an actual decline in private construction investment resulting from the impact of COVID-19. - FY2020MaterialisedAnnual report
「If infectious diseases such as COVID-19 restrict business activities, this may result in a decline in orders, delays in construction progress and higher costs.」
Regarding the previously anticipated risk of an infectious disease outbreak, the company discloses that the spread of COVID-19 affected the actual business environment and market outlook. - FY2020-Q3MaterialisedAnnual report
「Meanwhile, the outlook remains uncertain due to the prolonged trade friction and stagnation of the global economy resulting from the worldwide spread of COVID-19.」
The company describes the worldwide spread of COVID-19, which corresponds to the infectious disease pandemic previously identified as a risk, and the resulting uncertainty in the outlook due to the stagnation of the global economy. - FY2016First statedAnnual report
「The Company concentrates its business area in the Tokyo metropolitan area. Accordingly, if a major natural disaster such as an earthquake, storm or flood, a human-caused disaster such as an accident, fire or terrorism, a widespread infectious disease or any other unforeseen disaster occurs in the area, the Company’s financial condition and operating results may be affected.」
The Company recognizes the risk that concentration in the Tokyo metropolitan area may expose it to natural disasters, human-caused disasters and infectious diseases in that region.