Risks of construction delays, reduced purchasing power, and disruptions to sales activities caused by infectious disease outbreaks
First written in FY2020. 5 of 12 entries say "Restated". Latest entry: FY2025.
5 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual reportThe standalone risks previously described as construction delays, lower purchasing power, and disruption to sales activities due to infectious disease outbreaks cannot be explicitly identified in the business risks section of this annual securities report.
- FY2024RestatedAnnual report
「If an infectious disease outbreak makes it difficult to secure personnel or materials for condominium construction, significantly delays completion or substantially increases construction costs, or if an economic downturn worsens employment conditions and reduces personal income, lowering customers' purchasing power and making it difficult to execute our sales plans, the performance of our group may be affected.」
The risks associated with securing personnel and materials due to infectious diseases, construction schedules, construction costs, customers’ purchasing power, and the impact on sales activities when employees become infected are being reviewed. - FY2023Scope of infectious disease risk disclosure narrowedAnnual report
「If an infectious disease outbreak makes it difficult to secure personnel or materials for condominium construction, significantly delays completion or substantially increases construction costs, or if an economic downturn worsens employment conditions and reduces personal income, lowering customers' purchasing power and making it difficult to execute our sales plans, the performance of our group may be affected. In addition, if employees become infected, sales activities may be disrupted by health damage or the closure of business locations, potentially affecting the performance of our group.」
Risks including construction delays, higher costs, lower customer purchasing power and disruption to sales activities if employees become infected continued to be disclosed, but the reference to the situation in Ukraine in the immediately preceding quarterly report was omitted, limiting the scope of the disclosure to infectious diseases. - FY2023-Q2RestatedAnnual report
「In addition, if COVID-19 infections spread or continue for an extended period in the future, or if the situation in Ukraine deteriorates or continues for an extended period, there may be concerns about the impact on the business.」
The company reconfirmed concerns about the impact on the business from the spread or prolonged duration of COVID-19 infections and the deterioration or prolonged duration of the situation in Ukraine. - FY2023-Q1RestatedAnnual report
「In addition, if COVID-19 infections spread or continue for an extended period in the future, or if the situation in Ukraine deteriorates or continues for an extended period, there may be concerns about the impact on the business.」
The company reconfirmed concerns about the impact on the business from the spread of COVID-19 infections or their continuation over an extended period. - FY2022-Q3RestatedAnnual report
「In addition, if COVID-19 infections spread further or continue for an extended period in the future, there may be concerns about their impact on the business.」
The company reconfirmed the risk of an impact on the business if COVID-19 infections spread further or continue for an extended period. - FY2022-Q2WorsenedAnnual report
「Face-to-face sales may be restricted as a result of infection-control measures, while income may decline as the economy slows, potentially affecting the business. The situation remains uncertain.」
Restrictions on face-to-face sales due to infection-control measures and lower income associated with an economic slowdown were specifically identified as factors affecting the business, and the situation was described as uncertain. - FY2021WorsenedAnnual report
「If an infectious disease outbreak makes it difficult to secure personnel or materials for condominium construction, significantly delays completion or substantially increases construction costs, or if an economic downturn worsens employment conditions and reduces personal income, lowering customers' purchasing power and making it difficult to execute our sales plans, the performance of our group may be affected. In addition, if employees become infected, sales activities may be disrupted by health damage or the closure of business locations, potentially affecting the performance of our group.」
In addition to the impact of infectious diseases on securing personnel and materials, construction schedules, construction costs and customer purchasing power, the company explicitly identified health damage, business-location closures and disruption to sales activities if employees become infected. - FY2021-Q3RestatedAnnual report
「The Group refrained from conducting face-to-face negotiations and restricted travel outside prefectures during the period when the state of emergency was in effect due to the spread of COVID-19. Sales activities have proceeded smoothly since the state of emergency was lifted, and the impact on the business remains limited at present. However, if infections spread again and the impact on domestic and overseas economies becomes prolonged or more severe, the Group's results may be affected.」
The company reconfirmed the explanation that sales activities had been restricted during the spread of infections, but proceeded smoothly after the restrictions were lifted and had a limited impact at present. However, the risk of an impact on performance if infections spread again, continue for an extended period or become more severe remains. - FY2021-Q2MitigatedAnnual report
「The Group refrained from conducting face-to-face negotiations and restricted travel outside prefectures during the period when the state of emergency was in effect due to the spread of COVID-19. Sales activities have proceeded smoothly since the state of emergency was lifted, and the impact on the business remains limited at present. However, if infections spread again and the impact on domestic and overseas economies becomes prolonged or more severe, the Group's results may be affected.」
During the spread of infections, the company refrained from face-to-face negotiations and restricted travel outside the prefecture, but stated that sales activities had proceeded smoothly after the restrictions were lifted and that the impact at present was limited. However, the risk of an impact on performance if infections spread again or continue for an extended period remains. - FY2021-Q1WorsenedAnnual report
「In addition, if COVID-19 infections spread or continue for an extended period in the future, there may be concerns about their impact on the business.」
The risk of an impact on the business based on the assumption that COVID-19 infections may spread and continue for an extended period was explicitly stated in the risk section. - FY2020First statedAnnual report
「If an infectious disease outbreak makes it difficult to secure personnel or materials for condominium construction, significantly delays completion or substantially increases construction costs, or if an economic downturn worsens employment conditions and reduces personal income, lowering customers' purchasing power and making it difficult to execute our sales plans, the performance of our group may be affected.」
For the first time, the company separately identified as risks difficulties securing personnel and materials, construction delays, higher construction costs, lower customer purchasing power, and disruption to sales activities associated with an infectious disease outbreak.