Risk of order intake and supply delays due to the spread of COVID-19
First written in FY2020. 4 of 9 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
51 other companies' latest entry also says "Mitigated".
- FY2024-Q3MitigatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy recovered moderately as COVID-19 was reclassified under the Infectious Diseases Control Law as a Class 5 disease and social and economic activity continued to normalize.」
The filing states that COVID-19 was reclassified as a Class 5 disease and that social and economic activity continued to normalize, indicating continued easing of restrictions on economic activity caused by the infectious disease. - FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy recovered moderately as COVID-19 was reclassified under the Infectious Diseases Control Law as a Class 5 disease and social and economic activity continued to normalize.」
The filing states that COVID-19 was reclassified as a Class 5 disease and that social and economic activity continued to normalize, indicating continued easing of restrictions on economic activity caused by the infectious disease. - FY2023MitigatedAnnual report
「During the current consolidated fiscal year, Japan's economy moved toward normalization of social and economic activity as restrictions on activities related to COVID-19 were eased.」
Regarding COVID-19, the filing describes the easing of restrictions on activities and progress toward normalization of social and economic activity. Meanwhile, semiconductor shortages and geopolitical risks, among other factors, remain. - FY2022RestatedAnnual report
「If the impact of COVID-19 were to expand beyond our group's assumptions, resulting in frequent delays in sales due to delays in construction work by customers and delays in the supply of purchased products, this could affect our group's results.」
Although the impact of the infectious disease is currently considered limited, the risk of sales deferrals due to delays in construction work and the supply of purchased products remains. - FY2021RestatedAnnual report
「Although the timing of COVID-19's subsiding remains uncertain, we are forecasting results for the current fiscal year on the assumption that its impact on our group's results is currently limited. However, if the impact of COVID-19 were to expand beyond our group's assumptions, resulting in frequent delays in sales due to delays in construction work by customers and delays in the supply of purchased products, this could affect our group's results.」
Although the impact of the infectious disease is currently considered limited, the risk of sales deferrals due to delays in construction work and the supply of purchased products remains. - FY2021-Q3RestatedAnnual report
「However, as the impact on our group's results for the cumulative third quarter of the current consolidated fiscal year was limited and we secured a certain level of order backlog that will become sales in the current consolidated fiscal year, we have assumed that the impact on results is currently limited and have made estimates, including the recoverability of deferred tax assets, based on information available when preparing the quarterly consolidated financial statements.」
Although the timing of the infectious disease's subsiding remains uncertain, its impact on cumulative third-quarter results was limited, and a certain level of order backlog that will become sales in the current fiscal year had been secured. - FY2021-Q2MitigatedAnnual report
「However, as the impact on our group's results for the cumulative second quarter of the current consolidated fiscal year was limited and we secured a certain level of order backlog that will become sales in the current consolidated fiscal year, we currently expect the impact on results to remain limited.」
Although the timing of the infectious disease's subsiding remains uncertain, its impact on cumulative second-quarter results was limited, and a certain level of order backlog that will become sales in the current fiscal year had been secured. - FY2021-Q1WorsenedAnnual report
「Although sales activities were subject to some restrictions due to the spread of COVID-19, the opening order backlog was larger than usual, and sales progressed generally smoothly.」
The filing states that some restrictions on sales activities actually arose due to the spread of the infectious disease. However, it does not state that sales deferrals due to delays in construction work or in the supply of purchased products occurred, so this is not treated as full realization of the existing risk. - FY2020First statedAnnual report
「Although the impact of COVID-19 on our group remains uncertain, it is currently limited, and we are forecasting results for the current fiscal year on the assumption that the situation will begin to subside in the first quarter. However, if the impact of COVID-19 were to expand beyond our group's assumptions, resulting in frequent delays in sales due to delays in construction work by customers and delays in the supply of purchased products, this could affect our group's results.」
We have identified as a new key risk the possibility that the spread of the infectious disease could delay construction work and the supply of purchased products, resulting in frequent sales deferrals and other effects. The impact is described as limited at present, so this is not treated as realization of the risk.