Risk of business disruption, supply-chain disruption and delivery delays due to the spread of COVID-19
First written in FY2020. 6 of 15 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2026DroppedAnnual report
「The matters that could affect the Group's business and financial condition include the following.」
The risks to the business, supply chain and delivery schedules resulting from the spread of COVID-19 are not listed as a standalone item among the risks to the business and other matters for the current fiscal year. - FY2025RestatedAnnual report
「During the current consolidated fiscal year, social activities normalized, and economic conditions generally followed a moderate recovery trend, supported by improvements in the employment and income environment, a recovery in inbound demand and a pickup in personal consumption, among other factors.」
The recognition of the normalization of social activities and the recovery in economic conditions following the reclassification of COVID-19 as a Category 5 disease continues. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, Japan's economy saw a moderate recovery as social activities normalized following the reclassification of COVID-19 as a Category 5 disease in May 2023, and the employment and income environment improved.」
The normalization of social activities and the recovery in economic conditions following the reclassification of COVID-19 as a Category 5 disease continue to be disclosed, as in the previous quarter. - FY2025-Q1MitigatedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy saw a moderate recovery as social activities normalized following the reclassification of COVID-19 as a Category 5 disease in May 2023, and the employment and income environment improved.」
The disclosure now states that social activities normalized following the reclassification of COVID-19 as a Category 5 disease, indicating an improvement from the previous deterioration in business conditions and uncertainty caused by the spread of infections. - FY2024-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, Japan's economy saw a gradual normalization of consumption and a moderate recovery in economic conditions as efforts to balance containment of COVID-19 with economic activity progressed, despite the impact of higher resource prices.」
The recognition that containment of COVID-19 and economic activity were brought into balance and that consumption was normalized continues. - FY2024-Q1MitigatedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy saw a gradual normalization of consumption and a moderate recovery in economic conditions as efforts to balance containment of COVID-19 with economic activity progressed, despite the impact of higher resource prices.」
The disclosure now states that containment of COVID-19 and economic activity were brought into balance and that consumption was gradually normalized, indicating an improvement from the previous wording on the deterioration in business sentiment caused by the spread of infections. - FY2023-Q2WorsenedAnnual report
「However, the economic outlook remains uncertain due in part to the renewed spread of the disease, soaring raw material prices and the rapid depreciation of the yen.」
While recovery factors such as the easing of restrictions on activities are cited in relation to COVID-19, the resurgence of infections is explicitly identified as a source of economic uncertainty, and the risk factor continues. - FY2022SoftenedAnnual report
「Regarding the impact of the spread of COVID-19 on our business, we currently recognize that the impact on our company is temporary or limited. However, restrictions on sales activities and delays in delivery times resulting from the spread of COVID-19 may affect the performance and other aspects of our group.」
While wording has been added characterizing the current impact of COVID-19 as temporary or limited, the possibility of restrictions on sales activities and delivery delays continues. - FY2022-Q3Emergence of new variantsAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy remained uncertain, despite the acceleration of vaccinations in response to the impact of the novel coronavirus infection, due in part to the emergence of new variants.」
The acceleration of vaccinations and the emergence of new variants are both cited, while uncertainty over the economic outlook associated with the infectious disease continues. - FY2022-Q2Update on the infection situation, including vaccines and variantsAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy remained uncertain, despite the acceleration of vaccinations against the novel coronavirus disease, as infections continued to spread due to variants.」
The acceleration of vaccinations and the spread of infections caused by variants are both cited, while economic uncertainty associated with the infectious disease continues. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy deteriorated rapidly as sentiment weakened due to the spread of the novel coronavirus infection, and the outlook remains extremely uncertain.」
The deterioration in business sentiment accompanying the spread of COVID-19 and the extremely high uncertainty over future developments continue to be disclosed. - FY2021-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy deteriorated rapidly as sentiment weakened due to the spread of the novel coronavirus infection, and the outlook remains extremely uncertain.」
The deterioration in business sentiment accompanying the spread of COVID-19 and the extremely high uncertainty over future developments continue to be disclosed. - FY2021-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy deteriorated rapidly as sentiment weakened due to the spread of the novel coronavirus infection, and the outlook remains extremely uncertain.」
The deterioration in business sentiment accompanying the spread of COVID-19 and the extremely high uncertainty over future developments continue to be disclosed. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy deteriorated rapidly as sentiment weakened due to the spread of the novel coronavirus infection, and the outlook remains extremely uncertain.」
The disclosure explicitly stated that the rapid deterioration in business sentiment accompanying the spread of COVID-19 and the extreme uncertainty surrounding future developments were factors. - FY2020First statedAnnual report
「Although it is currently difficult to reasonably predict the impact on the business of the spread of the novel coronavirus, first reported in December 2019, we will continue to monitor developments closely.」
The company initially identified the business impact of the spread of COVID-19 as a standalone risk. It also referred to possible disruption to the supply chain for housing equipment and delivery delays.