Risks of Construction Suspensions, Project Delays and Other Effects of COVID-19
First written in FY2020. 9 of 13 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 6 of 20 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「There were no newly arising business or other risks during the current interim consolidated accounting period. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes to the existing business and other risks, including COVID-19. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period ended the second quarter. There have also been no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes to the existing business and other risks, including COVID-19. - FY2024-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no newly arising business or other risks. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there are no new risks or material changes to the business and other risks described in the previous fiscal year, including COVID-19. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period ended the second quarter. There have also been no material changes in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there are no material changes to the business and other risks described in the previous fiscal year, including COVID-19. - FY2022RestatedAnnual report
「In addition, with regard to COVID-19, the company has made the prevention of infections inside and outside the company and the safety of employees its highest priorities, and has thoroughly implemented measures including staggered attendance through remote work and staggered commuting, as well as the use of videoconferencing systems. For the time being, the impact on business performance and other matters is minor, but」
While continuing infection-control measures and explaining that the impact on business performance is minor at present, the company continues to identify the risk of site closures and factory shutdowns resulting from an infection spread exceeding expectations. - FY2022-Q3ReframedAnnual report
「Although public investment remains at a high level, the recovery in private-sector capital investment has stalled and it has recently been weak. The situation requires continued monitoring, including in light of high material costs and COVID-19 variants.」
In addition to the existing concerns about the renewed spread of the infection and construction schedule extensions, the impact of variants has been identified as a specific factor requiring attention. - FY2022-Q2ReframedAnnual report
「However, concerns over higher materials costs, reduced appetite for capital investment due to the spread of COVID-19, extended construction periods and other factors mean that the situation requires continued monitoring.」
Concerns about reduced willingness to invest in capital expenditure and construction schedule extensions associated with COVID-19 continue, and higher material costs were explicitly identified as another such concern. - FY2022-Q1RestatedAnnual report
「However, given concerns that COVID-19 may reduce willingness to invest in capital expenditure and extend construction schedules, among other effects, the situation continues to require close monitoring.」
Concerns about reduced willingness to invest in capital expenditure and construction schedule extensions resulting from the infection continue to be expressed. - FY2021RestatedAnnual report
「The renewed spread of COVID-19 is expected to reduce willingness to invest in capital expenditure and extend construction schedules, among other impacts.」
The annual report continues to identify the risks of reduced willingness to invest in capital expenditure and construction schedule extensions resulting from the renewed spread of the infection. - FY2021-Q3WorsenedAnnual report
「However, owing to the impact of the renewed spread of COVID-19 and the increased uncertainty about the outlook resulting from the declaration of a state of emergency, difficult conditions are expected to continue for the time being, and the situation will require close monitoring.」
It was stated that the renewed spread of COVID-19 and the declaration of a state of emergency had increased uncertainty about the outlook and that difficult conditions were expected to continue for the time being. - FY2021-Q2RestatedAnnual report
「However, given concerns about the uncertain outlook resulting from the impact of COVID-19, the situation continues to require close monitoring.」
The company continues to be concerned about the uncertain outlook resulting from the impact of COVID-19 and its impact on capital expenditure and other areas. - FY2021-Q1RestatedAnnual report
「Given concerns that COVID-19 may reduce willingness to invest in capital expenditure and extend construction schedules, the situation continues to require close monitoring.」
The risks of reduced willingness to invest in capital expenditure and construction schedule extensions due to COVID-19 continue to be disclosed. The business and other risks section states that there are no new risks or material changes. - FY2020First statedAnnual report
「If the spread of the infection exceeds expectations, resulting in the closure of construction sites for more than one month or the suspension of factory operations, this may affect business performance and other matters.」
For COVID-19, the risk to business continuity involving the closure of construction sites and factory shutdowns was described separately. The main text also indicates that temporary suspension of construction at some sites has already occurred.