Business Continuity and Performance Risks Arising from COVID-19
First written in FY2020. 4 of 9 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2023-Q3.
Toda 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 2020: 103 of 175 companies on the "Worse" side.
51 other companies' latest entry also says "Mitigated".
- FY2023-Q3MitigatedAnnual report
「During the nine-month period ended the third quarter, restrictions on movement related to COVID-19 were eased and socioeconomic activity, particularly personal consumption, continued to normalize. However, the outlook remained uncertain due to the yen's depreciation resulting from global monetary tightening and rising prices associated with the prolonged situation in Ukraine.」
The disclosure stated that the easing of restrictions on movement and normalization of socioeconomic activity were reducing the economic impact of the infection. Meanwhile, uncertainty about the outlook due to yen depreciation and rising prices remained. - FY2023-Q2MitigatedAnnual report
「During the six-month period ended the second quarter, the domestic economy was affected by the spread of COVID-19, but socioeconomic activity returned to normal as restrictions on movement were lifted, and the economy showed signs of recovery overall.」
Although the impact of COVID-19 remained, the domestic economy showed signs of recovery as restrictions on movement were lifted and socioeconomic activity returned to normal. - FY2022-Q3Renewed spread of infection and an uncertain outlookAnnual report
「During the nine-month period ended the third quarter, the difficult domestic economic conditions caused by the spread of COVID-19 gradually eased and signs of recovery emerged, particularly in personal consumption. However, infections spread again toward the end of 2021, leaving the outlook uncertain.」
Although signs emerged that the difficult economic conditions were easing, infections spread again at the end of 2021 and uncertainty about the outlook persisted. - FY2022-Q2RestatedAnnual report
「Regarding the spread of COVID-19, the Group has continued its business activities after implementing thorough infection prevention measures. As conditions have remained at the same level as normal as of the current date, the Group made accounting estimates for the six-month period ended the second quarter on the assumption that the impact on business continuity and performance would be limited.」
The Group continued its business activities despite the impact of the infection and maintained the accounting assumption that the impact on business continuity and performance would be limited. It stated that the domestic economy remained in a situation that warranted continued caution. - FY2022-Q1MaterialisedAnnual report
「During the three-month period ended the first quarter, the domestic economy was in an extremely difficult situation due to the impact of COVID-19, but was expected to recover as various government measures, including measures to prevent the spread of infection, took effect and overseas economies improved.」
The disclosure continued to describe difficult domestic economic conditions due to the impact of COVID-19. Meanwhile, consolidated net sales for the first quarter increased 16.9% year on year and operating profit increased 107.9%, indicating an improvement in the impact on performance from the previous year. - FY2021-Q3MaterialisedAnnual report
「During the nine-month period ended the third quarter, the economy remained in a difficult situation. Although exports increased, personal consumption showed signs of stagnation as COVID-19 continued to spread.」
The difficult economic conditions associated with the spread of COVID-19 continued into the third quarter. Consolidated net sales decreased 4.5% year on year and operating profit decreased 38.7%, with the impact on performance also quantified. - FY2021-Q2MaterialisedAnnual report
「During the six-month period ended the second quarter, the domestic economy remained in a difficult situation due to the impact of COVID-19. Consolidated net sales decreased 8.9% year on year to ¥214.5 billion, mainly because sales in the Company's building business declined.」
The domestic economy remained difficult under the impact of COVID-19, and consolidated net sales decreased 8.9% year on year to ¥214.5 billion. The impact of the infection on performance was quantified again in the second quarter. - FY2021-Q1MaterialisedAnnual report
「The domestic economy remained in a difficult situation due to the impact of COVID-19, but was expected to recover as the level of socioeconomic activity increased. Consolidated net sales were ¥97.1 billion, down 18.9% year on year, mainly because revenue from completed construction work in the Company's building business declined. Operating profit was ¥1.7 billion, down 79.2% year on year.」
The disclosure described deterioration in the domestic economy and the order environment under the impact of COVID-19, quantifying the effect on performance through declines in net sales and operating profit. - FY2020First statedAnnual report
「Spread of Infectious Diseases」
With the actual spread of COVID-19, the Group newly identified, as risks affecting its business overall, the possibility of a deterioration in the order environment, costs for infection prevention measures, construction delays and lower construction profits.