Impact of COVID-19 on Business and the Supply Chain
First written in FY2022. 4 of 6 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2025.
Yamaichi Real Estate moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
27 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Risks arising from disasters such as major earthquakes, wind and flood damage, and infectious disease outbreaks」
The disclosure has been reframed from treating COVID-19 individually to covering broader business-continuity risks including disasters and infectious disease outbreaks. - FY2023MaterialisedAnnual report
「For sales of subdivisions and detached houses to general customers, customer traffic at exhibition sites in the Wakayama area was weak in the first half while the effects of COVID-19 remained, and deliveries struggled in the second half.」
The impact of COVID-19 continued to appear during the year as weak exhibition-site traffic and sluggish deliveries of detached houses and subdivisions. - FY2023-Q3MaterialisedAnnual report
「In this segment, there was a period when securing personnel for the nursing-care business was difficult due to measures taken against COVID-19, causing some disruption to service provision.」
The impact of COVID-19 materialized as difficulty securing personnel for the nursing-care business and partial disruption to services. - FY2023-Q2MaterialisedAnnual report
「In other businesses, occupancy at senior condominiums remained steady. Although there was a difficult period due to the seventh wave of COVID-19, the hot-spring business was on a recovery trend.」
The impact of the seventh wave of COVID-19 continued to appear in the quarter as temporary weakness in the hot-spring business. - FY2023-Q1MaterialisedAnnual report
「Operations at the restaurants and hot-spring facilities operated by the Company have been affected by trends in COVID-19 infections, and recovery in operating rates has taken time.」
The impact of COVID-19 continued to appear in the current quarter as delayed recovery in operating rates at restaurants and hot-spring facilities. - FY2022First statedAnnual report
「If the spread of COVID-19 continues and restrictions on economic activity are prolonged, the Group’s operating results, financial condition and cash flows may be affected.」
The Group identifies delays in procuring materials, operating restrictions on tenants, rent reductions and higher vacancy rates as risks, while stating that early procurement and switching to substitute products helped avoid delivery delays.