Risk of damage to stores and facilities from earthquakes, infectious diseases, riots and terrorism
First written in FY2016. 5 of 16 entries say "Worsened", first in FY2021-Q1. Latest entry: FY2024.
Can Do 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: 67 of 114 companies on the "Worse" side.
2 other companies' latest entry also says "Softened".
- FY2024SoftenedAnnual report
「COVID-19 has been reclassified as a Class 5 disease, but if a serious infectious disease spreads in the future, the Group will seek to continue operating its stores to support essential infrastructure while taking measures to prevent the spread of infection.」
While the description of the risk of activity restrictions has eased following COVID-19's reclassification as a Class 5 disease, risks of business disruption caused by serious infectious diseases, natural disasters, communications failures and damage to operating sites persist. - FY2023SoftenedAnnual report
「The Group seeks to continue operating its stores to support essential infrastructure while taking measures to prevent the spread of infectious diseases, including COVID-19. However, if circumstances arise that far exceed expectations, or if mass retailers where the Group's stores operate as tenants close their stores or shorten business hours, this could affect operating results.」
While the impact of restrictions on activities due to infectious diseases has eased as society has returned to normal, risks including store closures, reduced business hours and supply shortages persist. - FY2022-Q3SoftenedAnnual report
「During the third-quarter cumulative period of the current consolidated fiscal year (from 1 December 2021 to 31 August 2022), Japan's economy gradually resumed economic activity as domestic foot traffic increased following the easing of activity restrictions related to COVID-19.」
The easing of COVID-19-related activity restrictions, increased foot traffic and the resumption of economic activity were described, indicating that the impact of infectious disease-related activity restrictions had eased from before. - FY2022-Q2SoftenedAnnual report
「As the number of COVID-19 cases was brought under control, COVID-19-related restrictions on activities were lifted and people became more willing to go out and spend, consumption activity gradually moved toward normalization.」
It was stated that the impact of infectious disease-related restrictions on outings and consumption had eased from before as case numbers were brought under control and activity restrictions ended. Meanwhile, uncertainties such as the weaker yen and surging raw material prices remained. - FY2022-Q1WorsenedAnnual report
「During the three-month period ended the first quarter (1 December 2021 to 28 February 2022), economic activity temporarily began to recover as new infections declined due to the effects of promoting COVID-19 vaccinations. However, severe conditions continued due to the renewed spread of the infection caused by the Omicron variant, heightened tensions surrounding Ukraine and soaring global raw material prices.」
For infectious disease risk, the renewed spread of the Omicron variant was described as a factor that actually worsened the economic environment, and challenging conditions continued. - FY2021WorsenedAnnual report
「Although the Company has worked to ensure stable product supplies, contain procurement prices and prevent stockouts, a severe infectious disease outbreak could affect performance through product shortages, higher procurement prices and lost sales opportunities caused by stockouts of specific products, resulting in lower sales.」
For infectious disease risk, the potential impact on product supply was explicitly described, including store closures and shortened operating hours, as well as supply shortages, higher procurement prices, stockouts and lost sales opportunities. - FY2021-Q3WorsenedAnnual report
「The Company strengthened sales of hygiene-related products, particularly masks and disinfectant products for which demand was high, while working to maintain the supply of essential goods. However, the declaration of a state of emergency, the application of quasi-emergency measures to prevent the spread of disease, declining sales at stores in major cities resulting from voluntary restrictions on outings and reduced travel between prefectures, and shortened operating hours at commercial facilities where the Company's stores operate as tenants also weighed on sales. Same-store sales at directly operated stores were 96.5% of the year-earlier level.」
The infectious disease risk continued to materialize through measures such as state of emergency declarations, declining sales at stores in major cities and shortened operating hours at commercial facilities, and same-store sales at directly operated stores were 96.5% of the year-earlier level. - FY2021-Q2WorsenedAnnual report
「During the second-quarter cumulative period of the current consolidated fiscal year (from 1 December 2020 to 31 May 2021), Japan's economy remained challenging as the third state of emergency declaration expanded to 10 prefectures and its duration was extended due to the impact of COVID-19.」
The infectious disease risk materialized through the third state of emergency declaration expanding to 10 prefectures and being extended, and the challenging economic environment continued. - FY2021-Q1WorsenedAnnual report
「The Company strengthened sales of hygiene-related products, particularly masks and disinfectant products for which demand was high, while working to maintain the supply of essential goods. However, the reissuance of a state of emergency declaration due to the spread of COVID-19, declining sales at stores in major cities resulting from voluntary restrictions on outings and reduced travel between prefectures, and shortened operating hours at commercial facilities where the Company's stores operate as tenants also weighed on sales. Same-store sales at directly operated stores were 98.4% of the year-earlier level.」
The infectious disease risk continued to materialize through the reissuance of a state of emergency declaration, declining sales at urban stores and shortened operating hours at commercial facilities, affecting same-store sales at directly operated stores. - FY2020MaterialisedAnnual report
「The Group is working to continue operating its stores in order to support essential social infrastructure while taking measures to prevent the spread of COVID-19. However, if mass retailers where the Group's stores operate as tenants close temporarily or shorten their operating hours, this could affect the Company's performance.」
The infectious disease risk materialized in the form of actual store closures, shortened operating hours and delayed store openings, with specific impacts on business activities and performance. - FY2020-Q3RestatedAnnual report
「The situation became challenging as the spread of COVID-19 reduced outings and travel, while labor shortages and the resulting rise in labor costs, as well as surging logistics costs, accelerated.」
The spread of COVID-19 continued to have an actual impact on the business environment through reduced outings and travel, higher labor costs and surging logistics costs. - FY2020-Q2MaterialisedAnnual report
「However, in addition to the impact of successive natural disasters and uncertain overseas conditions, including US-China trade friction, the worldwide spread of COVID-19 that became apparent in the latter half of the period caused the global economy to stagnate, domestic consumer sentiment to deteriorate rapidly and exports to decline rapidly, while weakness in employment and income conditions deepened, leaving the situation unpredictable.」
The worldwide spread of COVID-19 became apparent in the business environment through global economic stagnation, deteriorating consumer sentiment, declining exports and weakening employment and income conditions. - FY2020-Q1MaterialisedAnnual report
「The outlook remains uncertain due to the stagnation of the global economy resulting from the worldwide spread of COVID-19 and changes in domestic consumer sentiment.」
For the previously general risk related to infectious diseases, it was stated that the worldwide spread of COVID-19 had an actual impact on the economic and consumption environment. - FY2019MaterialisedAnnual report
「In the retail industry, the business environment has remained challenging, partly due to the impact of the consumption tax rate increase and a succession of natural disasters, including Typhoon No. 19 in Reiwa 1.」
It was stated that natural disasters, including Typhoon No. 19 in Reiwa 1, had an actual impact on the business environment. - FY2017RestatedAnnual report
「In the event of a major earthquake, the spread of a legally designated infectious disease, riots, terrorist activity or other such event, stores and other facilities of the Group, as well as the surrounding areas, could suffer physical damage, potentially disrupting operations, whether in Japan or overseas.」
The risk of damage to stores and facilities and business disruption from earthquakes, infectious diseases, riots and terrorism continues to be disclosed. - FY2016First statedAnnual report
「In the event of a major earthquake, a novel influenza outbreak, riots, terrorist activity or other such event, stores and other facilities of the Group, as well as the surrounding areas, could suffer physical damage, potentially disrupting operations, whether in Japan or overseas.」
Separately from the specific Kumamoto and Oita earthquakes, disasters, infectious diseases and social crises in Japan and overseas are categorized as general business continuity risks.