Constraints on Business Activities Caused by Infectious Diseases and Natural Disasters

「If infections spread further, the government requests that businesses suspend operations, or a similar situation arises, or if other natural disasters disrupt business activities, the Group’s operations may be affected. In particular, the timing of the containment of COVID-19 remains uncertain, and its impact on economic activity cannot currently be predicted. Accordingly, under these conditions, the spread of COVID-19 may have a material impact on the financial condition, operating results and cash flows of the Group from the following fiscal year onward.」