Business-performance risks from the spread of infections, construction suspensions and delayed orders
First written in FY2021. 3 of 6 entries say "Mitigated", first in FY2023-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2024: 6 of 25 companies on the "Worse" side.
11 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual reportThe risk of construction suspensions and delayed orders due to the spread of infections has been removed from the key risks in this filing.
- FY2023MitigatedAnnual report
「The impact of COVID-19 on the consolidated fiscal year was minor.」
The company describes the impact of infectious diseases on business results for the current fiscal year as limited, indicating that the impact of the previous risks of construction suspensions and delayed orders has declined. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan's economy was affected by higher resource prices and other factors, but as efforts to contain COVID-19 progressed alongside economic activity, imports and exports to the United States and the EU remained flat, while those to Asia continued to trend weakly.」
The company continues to explain that efforts to contain COVID-19 are progressing alongside economic activity, reaffirming that the impact of the risks of construction suspensions and delayed orders due to the spread of infections remains contained. - FY2023-Q2MitigatedAnnual report
「During the cumulative second quarter under review, Japan's economy remained broadly flat in terms of imports and exports to Asia, the United States and the EU, although some recovery was seen, despite the effects of record yen depreciation, higher resource prices and other factors, as efforts to contain COVID-19 progressed alongside economic activity.」
The company explains that efforts to contain COVID-19 are progressing alongside economic activity, indicating that the impact of the risks of construction suspensions and delayed orders due to the spread of infections has remained contained. - FY2023-Q1MitigatedAnnual report
「During the cumulative first quarter under review, Japan's economy remained broadly flat in terms of imports and exports to Asia, the United States and the EU, although some recovery was seen, despite the effects of higher resource prices and other factors, as the impact of COVID-19 eased.」
The company explains that the impact of COVID-19 is easing, indicating that the impact of the risks of construction suspensions and delayed orders due to the spread of infections has declined from the previous filing. - FY2021First statedAnnual report
「Our business results could be affected by the spread of infections and prolonged containment periods, including (1) the above market risk, namely fewer order opportunities due to revisions to construction investment plans and delays in the timing of construction orders, and (2) the risk of higher materials prices and labor costs, namely lower sales due to schedule delays caused by construction suspensions and higher costs such as related expenses and labor compensation.」
While identifying the impact of infectious diseases as a future risk, the company explains that construction suspensions had actually occurred at some sites.