Impact of COVID-19 on the Economy and Construction Investment
First written in FY2021-Q1. 4 of 12 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2024: 6 of 14 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Regarding infectious diseases including COVID-19, there remains a possibility of risks such as construction stoppages due to outbreaks and uncertainty over business progress. Accordingly, the company is treating measures to protect the safety and health of all stakeholders, including employees and business partners, and to continue stable operations as an important management priority.」
Even after the normalization of economic activity, the company continues to disclose the risks of construction stoppages and uncertainty over progress caused by infectious diseases, as well as safety and health measures. - FY2025RestatedAnnual report
「Regarding infectious diseases including COVID-19, there remains a possibility of risks such as construction stoppages due to outbreaks and uncertainty over business progress. Accordingly, the company is treating measures to protect the safety and health of all stakeholders, including employees and business partners, and to continue stable operations as an important management priority.」
Even after the normalization of economic activity, the company continues to identify outbreaks, construction stoppages and uncertainty over progress caused by infectious diseases as external-environment risks. - FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy was moving toward normalization of economic activity against the backdrop of COVID-19 being reclassified to Category V, but attention was required regarding rising prices, exchange-rate fluctuations and developments in monetary policy.」
Regarding COVID-19, the company explained that economic activity was moving toward normalization against the backdrop of its reclassification to Category V, and described the previous impact of the infection on the economy and construction investment as having weakened. - FY2023-Q3RestatedAnnual report
「Under these circumstances, because we thoroughly implemented infection-control measures, our construction projects in progress both in Japan and overseas advanced with almost no interruption.」
The company explained that, by continuing infection-prevention measures, projects under contract in Japan and overseas progressed with almost no interruption. - FY2023-Q2RestatedAnnual report
「As for the company's situation, projects under contract in Japan and overseas have continued to progress with almost no interruption because of ongoing, thorough infection-prevention measures.」
The company explained that, by continuing infection-prevention measures, projects under contract in Japan and overseas progressed with almost no interruption. - FY2022-Q3MitigatedAnnual report
「Under these circumstances, because we thoroughly implemented infection-control measures, our construction projects in progress both in Japan and overseas advanced with almost no interruption.」
The company explained that, despite the continuing impact of the infection, projects under contract in Japan and overseas progressed with almost no interruption because of infection-prevention measures. - FY2022-Q2MitigatedAnnual report
「In the construction industry, public investment has remained firm. Meanwhile, although private construction investment has been affected by COVID-19, it has recovered against a backdrop of efforts to address growth sectors. As for the company's situation, projects under contract progressed without interruption because of thorough infection-prevention measures, including workplace vaccination.」
Although the impact of the infection remains, private construction investment has recovered against a backdrop of efforts to address growth sectors, and projects under contract progressed without interruption through measures including workplace vaccination, the company explained. - FY2022-Q1MitigatedAnnual report
「In the construction industry, public investment has remained firm. Meanwhile, although private construction investment has been affected by COVID-19, it has recovered against a backdrop of efforts to address growth sectors. As for the company's situation, projects under contract have progressed with almost no interruption because of thorough infection-prevention measures.」
Although the impact of the infection remains, private construction investment has recovered, and projects under contract progressed with almost no interruption because of infection-prevention measures, the company explained. - FY2021Domestic construction continuing; all overseas construction projects operationalAnnual report
「Because of thorough infection-prevention measures, projects under contract in Japan progressed with almost no interruption. Overseas, construction work was at times temporarily suspended to prevent the spread of infection, but all projects are now operational.」
The company explained that weakness in private investment and the suspension of some construction work due to the infection have continued, while domestic construction has continued with almost no interruption and all overseas construction projects are operational. - FY2021-Q3MaterialisedAnnual report
「In the construction industry, public investment has remained firm, while private construction investment has been weak partly because of the impact of COVID-19. As for the company's situation, projects under contract in Japan have progressed with almost no interruption because of thorough infection-prevention measures. Overseas, construction work has at times been temporarily suspended to prevent the spread of infection, but all projects are now operational.」
The impact of the infection continues to be reflected in weak private construction investment and the temporary suspension of overseas construction work. Meanwhile, domestic construction work has progressed with almost no interruption, and all overseas construction projects are operational. - FY2021-Q2MaterialisedAnnual report
「In the construction industry, public investment has remained firm, while private construction investment has been weak partly because of the impact of COVID-19. As for the company's situation, projects under contract in Japan have progressed with almost no interruption because of thorough infection-prevention measures. Overseas, construction work has at times been temporarily suspended to prevent the spread of infection, but the company is working to resume operations sequentially.」
The impact of COVID-19 has materialized in the weakness of private construction investment and the temporary suspension of overseas construction work. Meanwhile, the company explained that domestic construction work progressed with almost no interruption because of infection-prevention measures. - FY2021-Q1First statedAnnual report
「During the first 3 quarters of the current fiscal year, Japan's economy was in an extremely severe condition as the spread of COVID-19 had a significant impact on domestic and overseas economies. Looking ahead, the economy is expected to begin recovering as efforts to prevent the spread of the infection continue and various government policies take effect. However, attention must be paid to future infection trends and the impact of financial and capital markets.」
The company identified for the first time the spread of COVID-19 and its significant impact on the domestic and international economies, and cited future infection trends and their impact on the financial and capital markets as matters requiring attention.