Impact of COVID-19 on Business Activities
First written in FY2020. 6 of 9 entries say "Materialised", first in FY2020. Latest entry: FY2023-Q1.
Sekisui House 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.
0 other companies' latest entry also says "Materialised".
- FY2023-Q1MaterialisedAnnual report
「The order environment in the near term remained weak due to the impact of restrictions on activities and other measures accompanying the resurgence of the infectious disease.」
The resurgence of COVID-19 and restrictions on activities continued to have a visible impact on the order environment for domestic housing. - FY2022RestatedAnnual report
「The COVID-19 response headquarters holds regular meetings, works to establish a system for promptly understanding infection levels at each business location and responding flexibly as conditions change, and clearly communicates throughout the Group how to respond if an employee becomes infected or is identified as a close contact. It is also promoting measures and responses to prevent workplace clusters.」
Although the risk from the infectious disease continues, the company continues its response measures, including the response headquarters, regular meetings, monitoring infection levels, web conferencing and working from home. - FY2022-Q3RestatedAnnual report
「However, orders for non-residential properties such as small hotels remained sluggish due to the spread of COVID-19. Orders for hotels and commercial facilities also continued to be affected by the spread of COVID-19. Losses due to COVID-19 19」
The impact of the infectious disease continued to affect orders for small hotels, hotels and commercial facilities, and ¥19 million in losses due to the infectious disease was also recorded. - FY2022-Q2MaterialisedAnnual report
「However, orders for non-residential properties such as small hotels remained sluggish due to the spread of COVID-19. Orders for hotels and commercial facilities also continued to be affected by the spread of COVID-19. Losses due to COVID-19 19」
The impact of the infectious disease continued to affect orders for small hotels, hotels and commercial facilities, and ¥19 million in losses due to the infectious disease was recorded in the quarterly consolidated statement of income. - FY2022-Q1MaterialisedAnnual report
「Orders for non-residential properties such as small hotels remained sluggish due to the spread of COVID-19. The architectural and civil engineering business of 株式会社鴻池組 progressed as planned, but revenue declined due to the reaction to sales of several large properties in the previous fiscal year. Orders for hotels, commercial facilities and other properties also remained sluggish due to the spread of COVID-19.」
The impact of COVID-19 continued to become apparent in orders for non-residential properties such as small hotels and in orders for hotels and commercial facilities. - FY2021-Q3MitigatedAnnual report
「In response to COVID-19, the Group established a response headquarters and implemented measures including restricting group meetings, training sessions and business trips, as well as working from home. For customer site tours, bus tours, seminars and other events, the Group continued to hold them with due consideration, while also proposing plans using a web conferencing system. Overseas, the Group promoted working from home and shorter working hours at offices, responding as appropriate to conditions in each country. Depending on developments going forward, this may affect the business activities and performance of the Group.」
While the business impact of the infectious disease continued, the company modified and expanded its response measures, including the response headquarters, restrictions on meetings and business trips, working from home, proposals via the web, and shorter working hours at overseas locations. - FY2021-Q2MaterialisedAnnual report
「Losses due to COVID-19 615」
The company recorded ¥615 million as an extraordinary loss for losses due to COVID-19, representing fixed costs such as rent and depreciation incurred while hotels and other facilities were closed. - FY2021-Q1MaterialisedAnnual report
「As the impact on order-taking activities became apparent due to the voluntary suspension of sales activities and visits at housing exhibition centers and elsewhere, the company pursued orders through new initiatives, including proposing plans to customers using a web conferencing system.」
The impact of the voluntary suspension of sales activities due to COVID-19 became apparent in order-taking activities, with decreases in orders reported across the businesses. - FY2020MaterialisedAnnual report
「As of the filing date, delays in delivering equipment to be installed in buildings at handover and restrictions on meetings with customers were affecting operations. Depending on developments going forward, this may affect the business activities and performance of the Group.」
As part of its infectious disease measures, the company introduced working from home and meeting restrictions. As of the filing date, equipment delivery delays and restrictions on meetings with customers had occurred.