Natural disasters, communications infrastructure failures, etc.
First written in FY2016. 7 of 13 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 69 of 112 companies on the "Worse" side.
104 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If a natural disaster such as an earthquake or fire, or an event such as war, terrorism or an infectious disease outbreak (pandemic) occurs and causes personal injury or property damage to the Company, it may become difficult for the Company to conduct its business, potentially having a serious impact on its operating performance and financial condition.」
The risk that natural disasters, war, terrorism and infectious diseases could make it difficult to conduct business and affect operating performance and financial condition was reaffirmed. - FY2023RestatedAnnual report
「If a natural disaster such as an earthquake or fire, or an event such as war, terrorism or an infectious disease outbreak (pandemic) occurs and causes personal injury or property damage to the Company, it may become difficult for the Company to conduct its business, potentially having a serious impact on its operating performance and financial condition.」
The risk that natural disasters, war, terrorism and infectious diseases could make it difficult to conduct business and affect operating performance and financial condition was reaffirmed. - FY2023-Q1WorsenedAnnual report
「The business environment remained uncertain, due to inflation caused by soaring global resource prices and the rapid depreciation of the yen, as well as the risk of a renewed spread of COVID-19 resulting from the emergence of new variants.」
The risk of a renewed spread of infectious disease due to new variants was explicitly identified. Soaring resource prices and the rapid depreciation of the yen were also cited, indicating continued uncertainty in the economic environment. - FY2022RestatedAnnual report
「If a natural disaster such as an earthquake or fire, or an event such as war, terrorism or an infectious disease outbreak (pandemic) occurs and causes personal injury or property damage to the Company, it may become difficult for the Company to conduct its business, potentially having a serious impact on its operating performance and financial condition.」
The risk that natural disasters, war, terrorism and infectious diseases could make it difficult to conduct business and affect operating performance and financial condition was reaffirmed. - FY2022-Q3WorsenedAnnual report
「During the first nine months of the current fiscal year, Japan's economy remained uncertain due to the spread of COVID-19 after the Tokyo Olympics, the emergence of variants and soaring resource prices. Although the state of emergency and priority preventive measures were lifted at the end of September 2021 and signs of recovery emerged in the flow of people and consumption, infections caused by the highly transmissible Omicron variant began to spread again, leaving the timing of the end of the COVID-19 pandemic uncertain.」
In addition to the spread of infections and variants, the disclosure cited soaring resource prices, with uncertainty continuing regarding business continuity and the economic environment due to infectious diseases. - FY2022-Q2RestatedAnnual report
「During the first six months of the current fiscal year, the spread of COVID-19 led to the declaration of the fourth state of emergency. The flow of people and economic activity were restricted, including the holding of many Tokyo Olympic events without spectators, and difficult conditions continued, particularly in the food service and travel industries. At the same time, there were signs of improvement, such as a slowdown in the rate of infection spread as vaccinations progressed.」
The disclosure described the continued restrictions on the flow of people and economic activity and difficult economic conditions caused by COVID-19, while also noting signs of improvement from a slowdown in infection spread due to vaccinations. - FY2021MitigatedAnnual report
「The Group has established crisis management regulations and, in ordinary times, prepares for disasters and other events under the leadership of the Crisis Management Committee. If an incident occurs, the Group declares a state of emergency and responds under the leadership of the Crisis Management Committee. Depending on the type and nature of the incident, it also activates a business continuity plan (BCP) and maintains a system for continuing the Group's business.」
For business continuity risks from infectious diseases, natural disasters and other events, the response framework under the crisis management regulations, Crisis Management Committee and BCP was specified. - FY2021-Q2RestatedAnnual report
「During the second quarter of the current fiscal year, Japan's economy was in a difficult situation, particularly in the food service and travel industries, as economic activity was restricted by the global spread of COVID-19. At the same time, changes in consumer activity adapting to the "new normal" became apparent, including the expansion of stay-at-home consumption due to calls to refrain from going out and the spread of teleworking.」
The restrictions on economic activity and difficult economic conditions caused by COVID-19 were reconfirmed, while changes in consumption involving stay-at-home demand and the new normal were also described. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current fiscal year, Japan's economy was in an extremely difficult situation as economic activity was restricted by the global spread of COVID-19. Although economic activity gradually began to resume following the lifting of the state of emergency, uncertainty persisted, with signs of another increase in infections emerging.」
The disclosure described restrictions on economic activity caused by COVID-19, signs of renewed infection and the worsening of infectious disease risks and their economic impact that could disrupt business continuity. - FY2020MaterialisedAnnual report
「In 2020, the global spread of COVID-19 began to have a significant impact on economic activity, including calls to refrain from going out, the cancellation of various entertainment events and factory shutdowns.」
The spread of infectious diseases previously identified as a risk materialized in the form of the spread of COVID-19, and its impact on economic activity was described. - FY2019RestatedAnnual report
「If human or physical damage occurs within the Group as a result of natural disasters such as earthquakes or fires, or war, terrorism or the spread of infectious diseases, including pandemics, or if the Group's operations are disrupted by external communications infrastructure or computer network failures, the Group's operating results and financial position may be affected.」
Business continuity risks from natural disasters, infectious diseases and communications infrastructure or network failures were restated. - FY2018RestatedAnnual report
「If human or physical damage occurs within the Group as a result of natural disasters such as earthquakes or fires, or war, terrorism or the spread of infectious diseases, including pandemics, or if the Group's operations are disrupted by external communications infrastructure or computer network failures, the Group's operating results and financial position may be affected.」
Business continuity risks from natural disasters, infectious diseases and communications infrastructure or network failures, among other factors, were restated. - FY2016First statedAnnual report
「If human or physical damage occurs within the Group as a result of natural disasters such as earthquakes or fires, or war, terrorism or the spread of infectious diseases, including pandemics, or if the Group's operations are disrupted by external communications infrastructure or computer network failures, the Group's operating results and financial position may be affected.」
Risk of external events disrupting business continuity.