Economic, Construction Market and Business Continuity Risks from the Spread and Prolonged Impact of COVID-19
First written in FY2020. 13 of 17 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2024: 6 of 28 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It has been determined that there have been no material changes to the risks to the economy, the construction market or business continuity arising from the spread and prolonged impact of COVID-19. - FY2024-Q3RestatedAnnual report
「During the first three quarters, there were no newly arising business or other risks, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
It has been determined that there have been no material changes to the business and other risks described in the previous fiscal year, including risks related to COVID-19. - FY2024-Q2RestatedAnnual report
「During the second quarter consolidated cumulative period, there were no newly arising business or other risks. In addition, there were no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It has been determined that there have been no material changes to the business and other risks described in the previous fiscal year, including risks related to COVID-19. - FY2024-Q1RestatedAnnual report
「There were no newly identified business or other risks during the first quarter of the fiscal year. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It has been determined that there have been no material changes to the business and other risks described in the previous fiscal year, including risks related to COVID-19. - FY2023SoftenedAnnual report
「The impact of COVID-19 on the Japanese economy is expected to diminish and corporate earnings to improve, but the situation is expected to remain uncertain due to rising prices and uncertainty in the global economy.」
The disclosure now states that the impact of COVID-19 is diminishing and corporate earnings are expected to improve, while the previous risk language focused on the spread and resurgence of infections has been toned down. Meanwhile, rising prices and uncertainty in the global economy remain. - FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 described in the additional information to the securities report for the previous consolidated fiscal year.」
The Group states that there have been no material changes to the previous year's assumptions concerning the impact of COVID-19. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 described in the additional information to the securities report for the previous consolidated fiscal year.」
The Group states that there have been no material changes to the previous year's assumptions concerning the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 described in the additional information to the securities report for the previous consolidated fiscal year.」
The Group states that there have been no material changes to the previous year's assumptions concerning the impact of COVID-19. - FY2022RestatedAnnual report
「As measures to address the spread of COVID-19, our group is working to manage employees' health and is taking thorough steps at offices and worksites to avoid the 3 Cs—closed spaces, crowded places and close-contact settings—in an effort to prevent further infections. However, if infections occur, offices and worksites may be temporarily closed.」
The possibility of temporarily closing offices and worksites if infections occur, a decline in capital investment and a potential impact on operating results continue to be cited. - FY2022-Q3RestatedAnnual report
「There have been no significant changes to the assumptions concerning the impact of the spread of COVID-19 described in the additional information section of the securities report for the previous consolidated fiscal year.」
The disclosure states that there were no material changes to the assumptions made in the previous fiscal year concerning the impact of the spread of COVID-19. - FY2022-Q2RestatedAnnual report
「There have been no significant changes to the assumptions concerning the impact of the spread of COVID-19 described in the additional information section of the securities report for the previous consolidated fiscal year.」
The disclosure states that there were no material changes to the assumptions made in the previous fiscal year concerning the impact of the spread of COVID-19. - FY2022-Q1RestatedAnnual report
「There have been no significant changes to the assumptions concerning the impact of the spread of COVID-19 described in the additional information section of the securities report for the previous consolidated fiscal year.」
The disclosure states that there were no material changes to the assumptions made in the previous fiscal year concerning the impact of the spread of COVID-19. - FY2021RestatedAnnual report
「As measures to address the spread of COVID-19, our group is working to manage employees' health and is taking thorough steps at offices and worksites to avoid the 3 Cs—closed spaces, crowded places and close-contact settings—in an effort to prevent further infections. However, if infections occur, offices and worksites may be temporarily closed.」
The COVID-19 risk continues to include the possibility of temporarily closing offices and worksites if infections occur, a decline in capital investment and a potential impact on operating results. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, the global economy was recovering as economic activity resumed, but the outlook remained uncertain due to the renewed spread of COVID-19.」
The disclosure refers to a recovery as economic activity resumes, while noting that uncertainty about the outlook continues due to the renewed spread of the pandemic. - FY2021-Q2ReframedAnnual report
「In the construction market, heightened uncertainty associated with the spread of infectious diseases has raised concerns over revisions to or delays in private-sector capital investment, and the situation remains difficult to predict.」
While a recovery from the impact of the pandemic as economic activity resumes is indicated, concerns continue over uncertainty associated with the spread of the pandemic and the review and postponement of private-sector capital investment. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter of the current fiscal year, the global economy was significantly affected by restrictions on movement and suspensions of production activity resulting from the spread of COVID-19.」
The disclosure states that the impact of the spread of COVID-19 on the global economy is already occurring. In Japan, it also describes declining demand and weakness in employment and income conditions, while in the construction market it cites a decline in private-sector capital investment. - FY2020First statedAnnual report
「As measures to address the spread of COVID-19, our group is working to manage employees' health and is taking thorough steps at offices and worksites to avoid the 3 Cs—closed spaces, crowded places and close-contact settings—in an effort to prevent further infections. However, if infections occur, offices and worksites may be temporarily closed. In addition, a decline in capital investment resulting from changes in lifestyles following the spread of the pandemic and deterioration in the earnings environment could affect operating results.」
COVID-19 is mentioned for the first time as a standalone business risk, including the possibility of temporarily closing offices and worksites if infections occur, a decline in capital investment and a potential impact on operating results.