Risk of Business Activity Suspension Due to Natural Disasters or Infectious Diseases
First written in FY2018. 8 of 14 entries say "Mitigated", first in FY2020. Latest entry: FY2023.
The whole theme swung hardest in 2020: 20 of 38 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「The impact of COVID-19 has been mitigated and socioeconomic activity has returned to normal as the risk of severe illness has declined and other factors have improved. However, if a new infectious disease or other outbreak occurs, the degree of its impact on socioeconomic activity could affect the Group's performance.」
While the impact of COVID-19 has eased and socioeconomic activity has returned to normal, the risk of a new infectious disease outbreak remains. - FY2023-Q3MitigatedAnnual report
「During the nine months ended [the third quarter of] the current consolidated fiscal year, the Japanese economy began to show signs of a recovery in consumer activity as restrictions on activities and other measures were eased following the reclassification of COVID-19 as a Class 5 infectious disease.」
The description indicates that the impact of infectious disease on economic activity is easing following the reclassification of COVID-19 as a Class 5 infectious disease and the easing of restrictions on activities. - FY2022MitigatedAnnual report
「The impact of COVID-19 has been mitigated by the spread of vaccinations and the decline in the risk of severe illness due to viral mutations, and socioeconomic activity is expected to return to normal going forward. However, depending on the course of containment and the degree of the impact on economic conditions, this could affect the Group's performance.」
While stating that the impact of infectious disease has been mitigated by vaccinations and the decline in the risk of severe illness, the company continues to identify risks related to containment and economic impact. - FY2022-Q2MitigatedAnnual report
「During the six months ended [the second quarter of] the current consolidated fiscal year, the Japanese economy showed signs of a gradual recovery as the number of new COVID-19 cases declined and restrictions on activities were eased.」
The company stated that the economy showed signs of recovery as the number of new COVID-19 cases declined and restrictions on activities were eased. - FY2021RestatedAnnual report
「The Group has been able to mitigate the impact by operating multiple businesses in different fields, thoroughly implementing daily infection prevention measures for employees, promoting online meetings and online business negotiations, and taking other steps to maintain business continuity. However, depending on the course of the containment of further infections and the degree of their impact on economic conditions, this could affect the Group's performance.」
While stating that the impact of infectious disease was mitigated through multiple businesses, infection prevention measures, and online meetings and online business negotiations, the company continues to identify the course of containment and the impact on economic conditions as risks. - FY2021-Q3MitigatedAnnual report
「Against this backdrop, by promoting portfolio management across multiple businesses in different fields, the Group minimized the impact of COVID-19 and posted record-high sales and profit for the cumulative third quarter of the consolidated fiscal year.」
The company stated that, even amid the infectious disease, portfolio management across multiple businesses enabled it to minimize the impact and achieve record-high sales and profit. - FY2021-Q2MitigatedAnnual report
「Meanwhile, by promoting portfolio management across multiple businesses in different fields, the group minimized the impact of the COVID-19 pandemic and achieved record-high revenue and profit for a second-quarter cumulative period.」
The company stated that, even as restrictions on economic activity under the state of emergency continued, it minimized the impact of infectious disease through portfolio management across multiple businesses. - FY2021-Q1MitigatedAnnual report
「Against this backdrop, our group was able to make the planned start because portfolio management resilient to changes in the operating environment and business operations adapted to COVID-19 functioned effectively.」
The company stated that, even amid the renewed spread of infectious disease, its business operations adapted to COVID-19 functioned effectively and it was able to make a start in line with plan. - FY2020MitigatedAnnual report
「The Group has been able to mitigate the impact by operating multiple businesses in different fields, thoroughly implementing daily infection prevention measures for employees, promoting online meetings and online business negotiations, and taking other steps to maintain business continuity, but」
While the impact of COVID-19 has continued, the company stated that it was able to mitigate the impact through its multiple businesses, infection prevention measures, and promotion of online meetings and online business negotiations. - FY2020-Q3MaterialisedAnnual report
「Meanwhile, for disability employment support services, the renewed spread of the novel coronavirus continued to delay sales activities and education and training for people with disabilities, causing sales of farm equipment to fall below plan.」
The infectious disease risk has continued to affect the business in the form of delays in sales activities and education and training for people with disabilities, as well as sales of farm equipment falling below plan. - FY2020-Q2MaterialisedAnnual report
「Face-to-face services such as sales support services experienced successive reductions and postponements of operations, but」
The infectious disease risk materialized in the form of reduced and postponed operations in face-to-face services. - FY2020-Q1WorsenedAnnual report
「Meanwhile, infections with the novel coronavirus (COVID-19) were spreading worldwide, raising concerns about the impact on the global economy going forward.」
Regarding infectious disease risks, the company newly described the global spread of the novel coronavirus and concerns about its future economic impact. However, it stated that the impact on the Group was minor at that time. - FY2019MaterialisedAnnual report
「The company recognized ¥157 million in insurance proceeds received in connection with damage to a subsidiary from Typhoon No. 15 as extraordinary income, and ¥100 million in disaster losses related to the same damage as an extraordinary loss.」
The risk of natural disasters disrupting business activities materialized in the form of farm damage from Typhoon No. 15, resulting in recognition of ¥157 million in insurance proceeds and ¥100 million in disaster losses. - FY2018First statedAnnual report
「The Group has business sites throughout Japan, and natural disasters or outbreaks of novel infectious diseases could disrupt business activities.」
The company has explicitly disclosed for the first time the risk that its sites and farms throughout Japan could become difficult to operate due to natural disasters or infectious diseases.