Risk of Business Disruption and Recovery Caused by Large-Scale Disasters and Infectious Diseases
First written in FY2017. 7 of 23 entries say "Restated". Latest entry: FY2027-H1.
Maruzen CHI Holdings moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
The whole theme swung hardest in 2020: 22 of 111 companies on the "Worse" side.
98 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no occurrences of matters relating to the business and financial positions described in this interim report that could have a material impact on investors' decisions, and no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year. There are also no material events or conditions to report.」
It is stated that there have been no material changes regarding the risks of business suspension and restoration resulting from large-scale disasters and infectious diseases. - FY2024-Q3MitigatedAnnual report
「During the first nine-month consolidated cumulative period (1 February 2023 to 31 October 2023), the Japanese economy entered a gradual recovery trend as social and economic activity normalised with the easing of COVID-19 restrictions, helped by the recovery in inbound demand.」
Social and economic activity normalised as COVID-19 restrictions were eased, and inbound demand also recovered. The impact of restrictions on business activity due to infectious disease was described as weakening compared with the previous fiscal year. - FY2024-Q2MitigatedAnnual report
「Restrictions on activities imposed to prevent the spread of COVID-19 were lifted, and in May the disease was reclassified as a Category V disease under the Infectious Diseases Control Law, leading the economy into a gradual recovery trend.」
In addition to the lifting of activity restrictions, the disease was reclassified as a Category V disease under the Infectious Diseases Control Law, and the economy entered a gradual recovery trend. The impact of restrictions on business activity due to infectious disease was described as weakening compared with the previous fiscal year. - FY2024-Q1MitigatedAnnual report
「Restrictions on activities imposed to prevent the spread of COVID-19 were lifted, bright signs emerged in personal consumption, and the economy entered a gradual recovery trend.」
Restrictions on activities were lifted, and personal consumption and the economy showed signs of recovery. The impact of restrictions on business activity due to infectious disease was described as weakening compared with the previous fiscal year. - FY2023MitigatedAnnual report
「Although the spread of COVID-19 is showing signs of easing, the Group will, in the event of renewed spread or an outbreak of a new infectious disease, take measures to prevent infection among stakeholders inside and outside its group companies as appropriate, including thorough infection-prevention measures at stores and business locations and the introduction of systems to limit opportunities for infection through telework that enables working from home.」
The Group stated that the spread of infection was beginning to ease, indicating that the risk from infectious disease was weakening, while responses to renewed spread continued. - FY2023-Q2WorsenedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year (1 February 2022 to 31 July 2022), Japan's economy showed signs of a moderate recovery as restrictions on activities related to the spread of COVID-19 were lifted on 21 March and economic activity gradually moved toward normalisation. However, the outlook remained uncertain due to the subsequent resurgence of COVID-19 infections, further soaring crude oil and raw-material prices, the weakening yen and the prolonged situation in Ukraine.」
Although signs of recovery emerged after restrictions on activities were lifted, renewed COVID-19 spread, soaring crude oil and raw-material prices, yen depreciation and the prolonged situation in Ukraine continued and intensified as sources of uncertainty in the business environment. - FY2023-Q1Infectious-disease impact persists, but signs of recovery emergeAnnual report
「As COVID-19 infections continued to spread, many regions became subject to priority preventive measures, restricting economic activity. The measures were lifted on 21 March, and although there were signs of a moderate recovery, the outlook remained uncertain due to the weakening yen, soaring crude oil and raw-material prices, and the impact of the situation in Ukraine.」
While the spread of infectious disease and restrictions on economic activity under measures to prevent the spread continued, signs of a gradual recovery also emerged after the measures were lifted. - FY2022RestatedAnnual report
「If circumstances arise that halt business activities or bring about changes in lifestyles, such as the recent spread of COVID-19 or a worldwide pandemic of infectious diseases such as novel influenza, they may have a significant impact on the Group's business activities and performance. This risk has materialised in part. The Group will continue implementing measures to prevent infection among stakeholders inside and outside its group companies, including thorough infection-prevention measures at stores and business locations and the introduction of systems to limit opportunities for infection through telework that enables working from home.」
The Group recognises that the impact of infectious disease on business activities and performance has materialised in part, and continues to respond through infection-prevention measures and telework. - FY2022-Q3Economic normalisation is progressing, but concerns about renewed spread persistAnnual report
「Although the situation remains one in which society as a whole must continue working to prevent the spread of COVID-19, given the waning effectiveness of vaccines over time and the possibility of new variants emerging.」
Living conditions have been returning to normal following the lifting of the state of emergency, but the waning effectiveness of vaccines and the possibility of new variants have been highlighted, and the risk of business closures and activity restrictions due to infectious disease continues. - FY2022-Q2WorsenedAnnual report
「The spread of COVID-19 continued during the first six-month consolidated cumulative period, with a rapid nationwide increase in infections occurring particularly from July 2021, apparently due to the impact of variants.」
The spread of COVID-19 became prolonged, and a rapid nationwide increase in infections occurred from July 2021, apparently due to the impact of variants. Factors affecting business activities from infectious disease became more concrete. - FY2022-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period (1 February 2021 to 30 April 2021), the Japanese economy remained in an extremely difficult situation. The spread of COVID-19 that began last year continued unabated, a second state of emergency was declared in January 2021 and a third in April, and personal consumption and economic activity were heavily restricted.」
The spread of infectious disease continued, while the second and third states of emergency heavily restricted personal consumption and economic activity. The impact of large-scale infectious diseases on business activities and social functions continued, and the external environment became increasingly severe. - FY2021MaterialisedAnnual report
「If circumstances arise that halt business activities or bring about changes in lifestyles, such as the recent spread of COVID-19 or a worldwide pandemic of infectious diseases such as novel influenza, they may have a significant impact on the Group's business activities and performance. This risk has materialised in part. The Group will continue implementing measures to prevent infection among stakeholders inside and outside its group companies, including thorough infection-prevention measures at stores and business locations and the introduction of systems to limit opportunities for infection through telework that enables working from home.」
The disclosure explicitly states that infectious-disease risk has materialised in part, and identifies infection-prevention measures at stores and business locations and the introduction of telework systems as responses. - FY2021-Q3MaterialisedAnnual report
「In these circumstances, in response to requests from the national and local governments, the Group took measures including refraining from sales visits and closing bookstores and university stores or shortening their operating hours.」
Due to the impact of COVID-19, the Group continued to refrain from sales visits and to close bookstores and university stores or shorten their operating hours during the cumulative period through the third quarter. - FY2021-Q2MaterialisedAnnual report
「In these circumstances, in response to requests from the national and local governments, the Group took measures including refraining from sales visits and closing bookstores and university stores or shortening their operating hours.」
As COVID-19 spread, the Group continued to refrain from sales visits and to close bookstores and university stores or shorten their operating hours. - FY2021-Q1MaterialisedAnnual report
「In response to requests from the national and local governments, the Group took measures including closing bookstores and university stores or shortening their operating hours.」
As COVID-19 spread, bookstores and university stores actually closed temporarily or shortened their operating hours, resulting in lower revenue and earnings in the store and online sales businesses and the education market sales business. - FY2020MaterialisedAnnual report
「The spread of COVID-19, particularly the expansion of temporary store closures and shortened operating hours in the store and online sales businesses following the state of emergency issued by the government on 7 April, could have a material impact on the Group's consolidated business results. As of the filing date, it was difficult to reasonably calculate the amount of the impact.」
Following the spread of COVID-19 and the state of emergency, temporary store closures and shortened operating hours expanded, making concrete the possibility of a material impact on consolidated business results. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the risks of business suspension and restoration resulting from large-scale disasters and infectious diseases. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the risks of business suspension and restoration resulting from large-scale disasters and infectious diseases. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding the risks of business suspension and restoration resulting from large-scale disasters and infectious diseases. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year (1 February 2018 to 31 October 2018), Japan's economy remained on a moderate recovery track against the backdrop of improving corporate earnings and employment conditions. However, concerns remained over the impact on the domestic economy of a series of natural disasters and the impact on overseas economies and financial markets of escalating US-China trade friction, leaving the outlook uncertain.」
A succession of natural disasters is identified as a factor of concern for the domestic economy. However, this filing does not state any direct impact on the suspension or restoration of the Group's business activities. - FY2019-Q2MaterialisedAnnual report
「However, the market environment remained challenging, and abnormal weather, including the Northern Osaka Earthquake and torrential rains in western Japan, also had an impact. As a result, revenue decreased 3.5% year on year to ¥36,414 million. Despite efforts to reduce selling, general and administrative expenses, the Group posted an operating loss of ¥32 million, compared with operating profit of ¥60 million in the previous corresponding period.」
Abnormal weather, including the Northern Osaka Earthquake and torrential rains in western Japan, affected the store and online sales businesses and was reflected in actual results as a 3.5% decline in revenue and an operating loss of ¥32 million. Business suspension was not stated. - FY2018RestatedAnnual report
「However, if an unforeseen event beyond expectations, such as a major earthquake or the spread of an infectious disease including a novel influenza strain, results in the suspension of business activities or extensive damage to or deterioration of social infrastructure, it could significantly affect the restoration of the Group's business activities and its business results.」
While establishing fire prevention and earthquake-resistance measures, data backups, insurance, a crisis management system and a business continuity plan, the risk of business suspension caused by disasters and infectious diseases beyond expectations continues to be identified. - FY2017First statedAnnual report
「However, if an unforeseen event beyond expectations, such as a major earthquake or the spread of an infectious disease including a novel influenza strain, results in the suspension of business activities or extensive damage to or deterioration of social infrastructure, it could significantly affect the restoration of the Group's business activities and its business results.」
While establishing fire prevention and earthquake-resistance measures, in-house power generation facilities, data backups, insurance, a crisis management system and a business continuity plan, the Group identifies the risk of business suspension caused by earthquakes, infectious diseases and other events beyond expectations.