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Seiren (3569) · InitiativeRestated

Business Continuity and Employment Stabilization Measures in Response to COVID-19

First written in FY2020. 3 of 5 entries say "Restated". Latest entry: FY2021.

5entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRaisedFY2021-Q1RestatedFY2021-Q2 – FY20212020: 320202021: 22021
Same theme, other companies
COVID-19-related closures, reduced factory utilisation and use of employment adjustment subsidiesA theme 14 companies write about · 5 as a headwind · 9 as a tailwind

The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.

2 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2021RestatedAnnual report

    「As the spread of COVID-19 continues, we are implementing thorough infection prevention measures across the group to prevent the spread of infection among employees, as well as customers, business partners and local communities. In response to the rapidly deteriorating business environment, the entire group has promptly launched the “COVID-19 Emergency Measures,” centered on thorough expense reductions, after sharing a sense of crisis across the group, and is addressing the situation as one.」

    The group continues to implement infection prevention measures and COVID-19 emergency measures centered on expense reductions.
  2. FY2021-Q3RestatedAnnual report

    「As the spread of COVID-19 continues, we are implementing thorough infection prevention measures across the group to prevent the spread of infection among employees, as well as customers, business partners and local communities.」

    We continue to implement group-wide infection prevention measures covering employees, customers, business partners and local communities.
  3. FY2021-Q2RestatedAnnual report

    「As the spread of COVID-19 continues, we are implementing thorough infection prevention measures across the group to prevent the spread of infection among employees, as well as customers, business partners and local communities.」

    We continue to implement group-wide infection prevention measures covering employees, customers, business partners and local communities, together with revisions to leave allowances and expense reductions to protect employment and livelihoods.
  4. FY2021-Q1RaisedAnnual report

    「Under these circumstances, we increased the rate of cuts to executive compensation and revised the rate of leave allowance payments upward, with the aim of protecting employees' livelihoods as well as their employment in anticipation of a prolonged period of production adjustments. We are implementing thorough expense reductions across the group and will work to reduce risks.」

    In addition to the existing employment stabilization measures, the rates of cuts to executive compensation and leave allowance payments were increased, extending the objective to protecting employees' livelihoods. Group-wide expense reductions are also being implemented in response to the infectious disease.
  5. FY2020First statedAnnual report

    「To secure employment for employees, the Group will continue implementing work-sharing measures, including temporary leave due to production adjustments and changes to work arrangements.」

    The Group newly disclosed employment stabilization measures using temporary leave, changes to work arrangements and work sharing in response to lower production volumes caused by the pandemic.
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Business Continuity and Employment Stabilization Measures in Response to COVID-19 | SEIREN CO.,LTD. (3569) | Komori