Risks of Operating Restrictions and Business Disruptions Due to the Spread of COVID-19
First written in FY2020. 7 of 9 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 23 of 48 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there was no new occurrence or material change in the risk of business restrictions or operational disruption caused by the spread of COVID-19. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there was no new occurrence or material change in the risk of business restrictions or operational disruption caused by the spread of COVID-19. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there was no new occurrence or material change in the risk of business restrictions or operational disruption caused by the spread of COVID-19. - FY2023-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, Japan’s economy showed signs of recovery as efforts progressed to balance containing COVID-19 with economic activity, although」
The disclosure states that progress was being made in balancing containment of the infectious disease with economic activity and that signs of recovery were emerging, while indicating no material change in the risk itself of business restrictions or operational disruption related to the infectious disease. - FY2022-Q3WorsenedAnnual report
「During the first nine months of the current consolidated fiscal year, Japan’s economy remained in a situation where the normalization of economic activity could not be foreseen due to the arrival of the sixth wave of COVID-19」
The disclosure states that the normalization of economic activity remained unforeseeable due to the sixth wave of COVID-19, increasing uncertainty over the risk of restrictions on business activity and operational disruption. - FY2022-Q2RestatedAnnual report
「However, the timing of the end of the pandemic remains uncertain, including due to the renewed spread of infections resulting from the emergence of variants and other factors.」
The risk of restrictions on business activity and operational disruption remains, amid the renewed spread of infections caused by variants and continued uncertainty over when the COVID-19 pandemic will end. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, Japan’s economy remained in a difficult situation due to the impact of COVID-19, although it was gradually recovering. However, despite progress in vaccinations, the economy remained stalled on the path to a full resumption of economic activity due to the renewed spread of infections caused by the emergence of variants and other factors」
The disclosure describes the continuing impact of the infectious disease, the renewed spread caused by variants and the ongoing delay in the full resumption of economic activity. - FY2021-Q1RestatedAnnual report
「Although the lack of visibility on when COVID-19 would end raised concerns about its impact on housing demand, actual end-user demand remained firm, partly due to a rebound accompanying the resumption of economic activity.」
While uncertainty over containing COVID-19 and concerns about its impact on housing demand continue, the disclosure also describes the strength of underlying demand accompanying the resumption of economic activity. - FY2020First statedAnnual report
「The global spread of COVID-19 has had a significant impact on the global economy. The Group has been thoroughly communicating infection-prevention measures and introducing staggered working hours and telework, as well as moving meetings and interviews online, using IT tools and promoting the digital shift. However, the scale of the COVID-19 outbreak and the timing of its containment remain uncertain. A further wave of infections or a prolonged outbreak could restrict business activities and disrupt operations, potentially affecting the Group’s operating results and financial position.」
The impact of the spread of the infectious disease on economic and business activity was identified for the first time as a separate risk, and the disclosure describes the significant impact that had already occurred and the Group’s response through telework, online operations and the digital shift.