Impact of COVID-19 on Business Continuity and Performance
First written in FY2020. 4 of 12 entries say "Worsened", first in FY2021-Q2. Latest entry: FY2025.
Rasa 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.
16 other companies' latest entry also says "Softened".
- FY2025SoftenedAnnual report
「If a global outbreak of an infectious disease or other event causes social activity to stagnate and the economic environment to deteriorate, it may affect the Group's performance.」
The wording was changed from the previous description specifically citing COVID-19 to a general expression of infectious-disease risk included among risks such as natural disasters. - FY2024-Q2SoftenedAnnual report
「During the cumulative second quarter under review, the Japanese economy continued to show signs of recovery, led by personal consumption and capital investment, as social and economic activity normalized alongside the containment of COVID-19.」
The company explained that, as COVID-19 came under control, social and economic activity normalized and personal consumption and capital investment recovered. - FY2024-Q1SoftenedAnnual report
「The easing of restrictions on movement accompanying the reclassification of COVID-19 to Category 5 has further advanced the normalization of social and economic activity, and a recovery trend has continued, led by personal consumption and capital investment.」
The company explained that the normalization of social and economic activity progressed following the reclassification of COVID-19 to Category 5 and the easing of restrictions on movement. - FY2023SoftenedAnnual report
「With restrictions on movement eased and economic activity moving toward normalization, the impact of COVID-19 on the Group's performance is currently limited. However, uncertainty remains surrounding COVID-19, and it may have some impact on the Group's business development going forward.」
While the impact of the COVID-19 pandemic on performance is currently considered limited, the possibility of a future impact remains. - FY2023-Q2WorsenedAnnual report
「In the chemicals-related business, orders declined in the automotive and lubricants sectors due to overseas lockdowns associated with COVID-19 and the semiconductor shortage, but orders in the wire and cable and construction materials sectors remained firm. As a result, sales in the related segment amounted to ¥3,364 million, an increase of ¥236 million, or 7.5%, from the same quarter of the previous year.」
The impact of COVID-19 has continued to manifest as a decline in orders in the automotive and lubricants sectors due to overseas lockdowns and semiconductor shortages. Meanwhile, orders in other sectors remained firm. - FY2023-Q1WorsenedAnnual report
「In the chemicals-related business, orders declined in the automotive and lubricants sectors due to COVID-19 and the semiconductor shortage, but orders in the wire and cable and construction materials sectors remained firm. As a result, sales in the related segment amounted to ¥1,676 million, an increase of ¥95 million, or 6.1%, from the same quarter of the previous year.」
The impact of COVID-19 has continued, together with the semiconductor shortage, in the form of declining orders in the automotive and lubricants businesses. Orders in the electrical wire and building materials businesses, meanwhile, remained firm. - FY2022-Q3RestatedAnnual report
「In the environmental equipment business, public-sector equipment demand remained weak due to the impact of COVID-19, while the completion of large water-granulated slag equipment projects also weighed on results. Sales in the related segment amounted to ¥942 million, down ¥289 million, or 23.5%, from the same quarter of the previous year.」
The impact of COVID-19 continued in the form of weakness in public infrastructure, appearing as lower revenue in the environmental equipment business. - FY2022-Q2Continued impact on overseas businessAnnual report
「In the industrial and construction machinery business, sales of industrial machinery products for the domestic market were generally firm, but overseas sales of industrial and construction machinery products remained weak due to the impact of COVID-19. Revenue for the related business was ¥3,554 million, down ¥194 million (5.2%) from the same quarter of the previous year.」
The impact of COVID-19 persisted in the form of weak overseas sales of industrial and construction machinery products, resulting in a 5.2% decline in revenue in the related business. Domestic products, meanwhile, were generally described as firm. - FY2021WorsenedAnnual report
「The outlook for when the COVID-19 situation will be brought under control remains uncertain. The Group established an Emergency Response Headquarters and has made appropriate, rational decisions to maintain business continuity, but a prolonged situation could have a certain impact on business development.」
While continuing its business continuity response through the Emergency Response Headquarters, the company continued to identify and explicitly disclose the possibility that a prolonged COVID-19 crisis could affect business development as a full-year risk. - FY2021-Q2WorsenedAnnual report
「In the resources and metal materials business, there were concerns about the prolonged impact of COVID-19 on the economy, and transactions with both domestic and overseas customers were conducted cautiously, resulting in a substantial decline in sales of the main raw materials.」
The impact of COVID-19 has continued and is reflected in the performance of the resources and metal materials business through the cautious stance of domestic and overseas customers and a substantial decline in sales of the main raw materials. - FY2021-Q1MaterialisedAnnual report
「In resources and metal materials, demand for various raw materials, including silicon metal and zircon sand, declined as global automotive production was adjusted and reduced due to COVID-19, affecting many related industries. As sales fell sharply, segment net sales were ¥1.173 billion, down ¥855 million, or 42.1%, from the same quarter of the previous year.」
The impact of COVID-19 extended beyond a concern regarding business continuity and actually materialized as adjustments and reductions in automobile production, weaker demand for various raw materials, and a 42.1% decline in revenue in the resources and metal materials business. - FY2020First statedAnnual report
「Although the state of emergency relating to COVID-19 has been lifted, the outlook for when the situation will be brought under control remains uncertain. The Group established an Emergency Response Headquarters and has made appropriate, rational decisions to maintain business continuity, but a prolonged situation could have a certain impact on business development.」
COVID-19 actually emerged, prompting the establishment of an Emergency Response Headquarters to address business continuity. The company newly disclosed the possibility that a prolonged situation could affect business development.