Market deterioration, lower orders and operating disruptions caused by infectious diseases
First written in FY2020. 5 of 14 entries say "Softened", first in FY2022-Q1. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「The Group conducts business activities in Japan and overseas. If the automobile and housing markets deteriorate due to the outbreak of a large-scale infectious disease or other event, this could adversely affect the Group's operating results and financial position. In addition, if employee infections cause a partial or complete suspension of operations, or if production disruptions at raw-material suppliers cause shortages of raw materials, the production capacity of each product could decline substantially.」
The risks of market deterioration caused by infectious diseases and operating disruptions caused by employee infections or disruptions in raw-material supplies continue to be listed as major annual risks. - FY2024ReframedAnnual report
「The Group conducts business activities in Japan and overseas. If the automobile and housing markets deteriorate due to the outbreak of a large-scale infectious disease or other event, this could adversely affect the Group's operating results and financial position. In addition, if employee infections cause a partial or complete suspension of operations, or if production disruptions at raw-material suppliers cause shortages of raw materials, the production capacity of each product could decline substantially.」
The infectious-disease risk, which had received less direct mention in the quarterly explanation of the operating environment, has been restated in general terms as a risk of infectious diseases and operating disruptions in the annual business and other risks. - FY2024-Q2DroppedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan’s economy recovered gradually as personal consumption recovered and employment and income conditions improved. However, the outlook remained uncertain due to inflation caused by continued surges in raw material and energy prices, as well as concerns over a downturn in overseas economies.」
The explanation of operating results for the quarter contains no direct mention of market deterioration, lower orders or operating disruptions caused by COVID-19, while the explanation of the external environment has shifted to surging raw-material and energy prices and concerns about a downturn in overseas economies. - FY2024-Q1SoftenedAnnual report
「During the cumulative first quarter under review, the Japanese economy remained on a gradual recovery track, as the lifting of activity restrictions following the reclassification of COVID-19 as a Class 5 infectious disease led to a recovery in personal consumption and improvements in the employment and income environment.」
The disclosure describes the reclassification of COVID-19 as a Class 5 infectious disease, the lifting of activity restrictions, and improvements in personal consumption and the employment and income environment, indicating that constraints on economic activity from the infectious disease have eased compared with through the previous quarter. However, the outlook remains uncertain. - FY2023-Q3SoftenedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, restrictions on economic activity related to COVID-19 were eased. However, the economy remained difficult to predict as the continued global semiconductor supply shortage, surging raw material and energy prices, and resulting inflation raised concerns over weaker consumer sentiment.」
The disclosure states that restrictions on activity due to COVID-19 have been eased, and that constraints on economic activity from the infectious disease have eased partially from the previous quarter. However, it states that the outlook remains uncertain due to semiconductor shortages and surging raw-material and energy prices. - FY2023-Q2SoftenedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, restrictions on economic activity related to COVID-19 were eased in stages. However, uncertainty about the outlook intensified due to the continued global semiconductor supply shortage, the situation in Ukraine and higher import prices resulting from the rapid depreciation of the yen.」
The disclosure indicates that restrictions on activity due to COVID-19 have been eased in stages, and that constraints on economic activity from the infectious disease have eased partially from the previous quarter. However, it states that uncertainty about the outlook has increased. - FY2023-Q1SoftenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, restrictions on economic activity related to COVID-19 were gradually eased. However, the economy remained difficult to predict due to the continued global semiconductor supply shortage, the prolonged situation in Ukraine, and further increases in raw material prices caused by the rapid depreciation of the yen.」
The disclosure states that restrictions on activity due to COVID-19 have gradually been eased, indicating that constraints on economic activity from the infectious disease have eased partially from the previous quarter. However, it states that the outlook remains uncertain. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan’s economy remained uncertain, despite a recovery trend in corporate earnings, due to the semiconductor supply shortage, higher raw material costs caused by surging crude oil prices, and COVID-19.」
Although uncertainty about the outlook due to COVID-19 has continued, the disclosure also states that corporate earnings are trending toward recovery. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan’s economy remained uncertain, despite a recovery trend in corporate earnings, due to concerns including the semiconductor supply shortage and higher raw material costs caused by surging crude oil prices, amid the impact of COVID-19.」
Although the impact of COVID-19 and uncertainty about the outlook have continued, the disclosure also states that corporate earnings are trending toward recovery. - FY2022-Q1SoftenedAnnual report
「Although some areas have weakened, corporate activity is recovering and the economy continues to show signs of recovery. However, the outlook remains uncertain due to the continued spread of COVID-19.」
Although uncertainty caused by the spread of COVID-19 has continued, the disclosure describes a recovery in corporate activity and the economy, indicating some improvement from the caution caused by the resurgence of infectious diseases in the previous quarter. - FY2021-Q3WorsenedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, some signs of economic recovery emerged against a backdrop of the effects of various government policies and improvements in overseas economies as the spread of COVID-19 continued for an extended period. However, the outlook remained difficult to predict due to the impact of the resurgence of infections on economic activity.」
In addition to the prolonged infectious-disease situation, the impact of its resurgence on economic activity is described, indicating increased caution about the outlook. Operating results also continued to show declines in both sales and profit across all 3 applications. - FY2021-Q2RestatedAnnual report
「The Japanese economy during the cumulative second quarter under review remained in a difficult situation due to the impact on economic activity of measures to prevent the spread of COVID-19, although」
The impact of COVID-19 on economic activity has continued, appearing in operating results as lower orders for vehicles and sluggish demand for fashion and daily-living materials. No new changes in the nature of infectious-disease risk are described. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan’s economy remained in an extremely difficult situation as significant restrictions on economic activity accompanying the spread of COVID-19 led to a deterioration in personal consumption and a rapid decline in exports.」
The impact of infectious diseases on economic activity has continued and expanded, appearing in the extremely severe economic environment and sharp decline in exports. Net sales also decreased 39.1% year on year, and a loss was recorded. - FY2020MaterialisedAnnual report
「If the automobile and housing markets deteriorate due to the outbreak of a large-scale infectious disease or other event, this could adversely affect the operating results and financial position of the Group. The severe impact on economic activity from current measures to prevent the spread of COVID-19 is already appearing at the Company in the form of lower orders from customers.」
Market deterioration caused by infectious diseases, and operating disruptions caused by employee infections or disruptions in raw-material supplies, are described as new risks, while the impact of COVID-19 is explained as having already appeared in the form of lower orders from customers.