Impact of the Spread of COVID-19 on Domestic Construction Investment and Business
First written in FY2020-Q2. 6 of 15 entries say "Restated". Latest entry: FY2024.
Masaru moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 6 of 26 companies on the "Worse" side.
11 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual report
「The following matters may affect the Company’s group’s operating results, financial position and share price.」
The risks identified for the current fiscal year include the construction market, customer credit, serious accidents, seasonal fluctuations, construction defects, material prices and natural disasters. There is no longer a separate disclosure concerning the spread of COVID-19. - FY2023SoftenedAnnual report
「The Company believes that the current infection situation in Japan has not reached a level requiring the issuance of a state of emergency or similar measures. However, if COVID-19 spreads again due to the emergence of variant strains or other factors, construction progress may be delayed by interruptions to contracted projects, which could affect the results of the Company’s group.」
While stating that the current infection situation in Japan has not reached a level requiring a state of emergency or similar measures, the Company continues to identify the risk of construction interruptions if COVID-19 resurges due to variant strains. - FY2023-Q3RestatedAnnual report
「The impact of the spread of COVID-19 on the Company’s group is currently limited, but the Company will continue to monitor it closely.」
The Company reconfirms that the direct impact of COVID-19 on its group is currently limited and that it will continue to monitor the situation closely. - FY2023-Q1RestatedAnnual report
「The impact of the spread of COVID-19 on the Company’s group is currently limited, but the Company will continue to monitor it closely.」
The Company reconfirms that the direct impact of COVID-19 on its group is currently limited and that it will continue to monitor the situation closely. - FY2022RestatedAnnual report
「The impact of the spread of COVID-19 on the Company’s group is currently limited, but the Company will continue to monitor it closely.」
The Company reconfirms that the direct impact of COVID-19 on its group is currently limited and that it will continue to monitor the situation closely. - FY2022-Q3RestatedAnnual report
「The impact of the spread of COVID-19 on the Company’s group is currently limited, but the Company will continue to monitor it closely.」
The Company reconfirms that the direct impact of COVID-19 on its group is currently limited and that it will continue to monitor the situation closely. - FY2022-Q2RestatedAnnual report
「The impact of the spread of COVID-19 on the Company’s group is currently limited, but the Company will continue to monitor it closely.」
The Company reconfirms that the direct impact of COVID-19 on its group is currently limited and that it will continue to monitor the situation closely. - FY2022-Q1RestatedAnnual report
「The impact of the spread of COVID-19 on the Company’s group is currently limited, but the Company will continue to monitor it closely.」
The Company reconfirms that the direct impact of COVID-19 on its group is currently limited and that it will continue to monitor the situation closely. - FY2021WorsenedAnnual report
「However, if COVID-19 spreads again due to the emergence of variant strains or other factors, construction progress may be delayed by interruptions to contracted projects, which could affect the results of the Company’s group.」
In addition to the previous explanation that the direct impact on the Company’s group was limited, the Company explicitly identifies a specific risk scenario involving construction interruptions and delays if COVID-19 resurges due to variant strains, as a business risk. - FY2021-Q3SoftenedAnnual report
「The impact of the spread of COVID-19 on the Company’s group is currently limited, but the Company will continue to monitor it closely.」
The Company states that it will continue to closely monitor the impact of COVID-19, while assessing its current impact on the group as “limited.” Meanwhile, worsening business conditions and continued impacts on construction investment are reported in the construction industry. - FY2021-Q2MaterialisedAnnual report
「During the cumulative second quarter of the current fiscal year, the construction industry entered a gap between large-scale projects, and conditions deteriorated. According to statistics from the Ministry of Land, Infrastructure, Transport and Tourism, the floor area of starts of non-residential buildings in the Tokyo metropolitan area fell approximately 5.7% year on year, while construction investment in renovation work and other areas was postponed due to the impact of COVID-19. The impact of the spread of COVID-19 on the Company’s group is currently limited, but the Company will continue to monitor it closely.」
The postponement of construction investment, including renovation work, due to the impact of COVID-19 is described as an actual industry condition. The direct impact on the Company’s group is described as limited at present. - FY2021-Q1SoftenedAnnual report
「The impact of the spread of COVID-19 on the Company’s group is currently limited, but the Company will continue to monitor it closely.」
The Company states that it will continue to closely monitor the impact of COVID-19, while assessing its current impact on the group as “limited.” The filing continues to describe impacts on the external environment, including a decline in construction investment. - FY2020MaterialisedAnnual report
「To maintain our production structure, during the third and fourth quarters of the current consolidated fiscal year, we recorded approximately ¥99 million in leave compensation payments, equivalent to leave allowances for skilled workers at each partner company, to support partner companies amid the COVID-19 pandemic.」
The Company recorded approximately ¥99 million in shutdown compensation in response to work stoppages caused by the spread of COVID-19 and the issue of maintaining employment at partner companies. The impact of COVID-19 on the business became more specific, involving the recognition of expenses. - FY2020-Q3MaterialisedAnnual report
「During the first 9 months of the current consolidated fiscal year, the construction industry was affected by a rapid deterioration in the domestic economy caused by the COVID-19 pandemic. Although a small number of sites were suspended because of infections, there was no material impact on performance.」
The Company states that a small number of construction sites were affected by work interruptions due to COVID-19, indicating that an actual impact had occurred. At the same time, it states that there was no material impact on results. - FY2020-Q2First statedAnnual report
「The Company will continue to closely monitor the impact of the spread of COVID-19 on its business. Amid concerns about a downturn in the global economy due to the worldwide spread of COVID-19, domestic construction investment may also be affected, and the Company expects the outlook to remain uncertain.」
The impact of the spread of COVID-19 on the business and domestic construction investment is described for the first time as an explicit topic. The impact is presented as a possibility and concern, and the filing does not state that an actual impact had occurred as of the quarter-end.