Risks Related to Infectious Disease Outbreaks, Business Suspensions and Logistics Impacts
First written in FY2021. 1 of 4 entries say "Worsened", first in FY2022-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2020: 20 of 38 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual reportThe risks of infectious disease spread, business suspension, and logistics disruption, which had been disclosed separately through the previous period, are not included as an item under risks related to the business for the current fiscal year.
- FY2022-Q3RestatedAnnual report
「If an infectious disease spreads in the regions where the Group operates and many Group employees become infected, if operations are suspended due to legal restrictions or requests to suspend business operations from the national or local governments, or if an event occurs that affects business partners or logistics, the Group's financial condition and operating results may be affected. They may also be affected by lost opportunities arising from the extent and nature of sudden changes in the business environment, including changes in values regarding consumption and consumer behavior after the effects of COVID-19 have subsided.」
The Company continues to identify the spread of infectious disease, business suspension, effects on business partners and logistics, and lost opportunities resulting from changes in consumer behavior after the pandemic as risks. - FY2022-Q1WorsenedAnnual report
「If an infectious disease spreads in the regions where the Group operates and many Group employees become infected, if operations are suspended due to legal restrictions or requests to suspend business operations from the national or local governments, or if an event occurs that affects business partners or logistics, the Group's financial condition and operating results may be affected. They may also be affected by lost opportunities arising from the extent and nature of sudden changes in the business environment, including changes in values regarding consumption and consumer behavior after the COVID-19 pandemic subsides.」
In addition to the spread of infectious disease, business suspension, and logistics disruption, the Company added lost opportunities resulting from changes in values and consumer behavior after the pandemic subsides to the scope of the risks. - FY2021First statedAnnual report
「If an infectious disease spreads in the regions where the Group operates and many Group employees become infected, if operations are suspended due to legal restrictions or requests to suspend business operations from the national or local governments, or if an event occurs that affects business partners or logistics, the Group's financial condition and operating results may be affected.」
For the first time, the Company separately identifies the spread of infectious disease, employee infections, government requests to suspend operations, business suspension, and effects on business partners and logistics as major risks.