Impact of the Spread of the Novel Coronavirus on Business Continuity and Performance
First written in FY2019. 3 of 9 entries say "Materialised", first in FY2020-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023ReframedAnnual report
「Our group has established a structure that enables business continuity under a business continuity plan even in the event of a widespread epidemic. However, if the epidemic becomes prolonged or more serious, there may be a decline in new transactions due to fewer sales opportunities, a temporary or partial deterioration in service levels due to difficulties in commuting or visiting customers, delays in procurement caused by disruptions in the production and logistics of equipment and materials, resulting delays in system implementations, construction progress, and capital investment, as well as fewer visitors to Docomo Shops and temporary store closures, all of which may affect the performance of our group.」
The disclosure was reorganized from its previous focus on COVID-19 to epidemics in general, describing the response under the business continuity plan and the potential impact on performance. - FY2022-Q3RestatedAnnual report
「There have been no material changes to the assumptions described in the “Additional Information” section of the previous consolidated fiscal year's securities report, including assumptions regarding the future spread and eventual containment of COVID-19.」
The Company stated that there have been no material changes to the assumptions used in accounting estimates concerning COVID-19. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the “Additional Information” section of the previous consolidated fiscal year's securities report, including assumptions regarding the future spread and eventual containment of COVID-19.」
The Company stated that there have been no material changes to the assumptions used in accounting estimates concerning COVID-19. - FY2021SoftenedAnnual report
「We have determined that the impact on our group's businesses and future performance is limited and will not materially affect accounting estimates.」
Although the risk of the infectious disease affecting sales negotiations, procurement, service delivery, and other activities continues, the Company indicated that its impact on accounting estimates for the current fiscal year is limited. - FY2021-Q3RestatedAnnual report
「In the distribution cloud business, public-sector cloud business, and trust business, we are working to reduce infection risks through staggered working hours and working from home. However, if the spread of COVID-19 becomes more serious or prolonged, there may be a decline in new transactions due to fewer sales opportunities, a temporary or partial deterioration in service levels due to difficulties in commuting or visiting customers, delays in procurement caused by disruptions in the production and logistics of equipment and materials, and resulting delays in system implementations, construction progress, and capital investment.」
The Company continues to address the risk that the spread of COVID-19 may affect sales negotiations, service delivery, procurement, and construction and capital investment, through staggered working hours and working from home. - FY2020-Q3MaterialisedAnnual report
「Some delays in procuring materials and other issues have occurred.」
Regarding the impact of COVID-19, the Company stated that, in addition to the previously identified future concerns, delays in procuring materials have actually occurred in the IT cloud business. - FY2020-Q2MaterialisedAnnual report
「At the Docomo Shops operated by our group, in accordance with the policy of NTT DOCOMO, Inc., we shortened operating hours in principle to 4:00 p.m. and reduced in-store reception services from 8 April 2020 through 31 May 2020. As a result, handset sales fell sharply. The shops have now returned to normal operations, but similar measures may be implemented again depending on the spread of the infectious disease.」
The impact of COVID-19 materialized as reduced Docomo Shop operating hours, reduced reception services, and a substantial decline in handset sales. Although normal operations resumed, the possibility of implementing similar measures again was also disclosed. - FY2020-Q1MaterialisedAnnual report
「With regard to the impact of COVID-19 on our businesses, delays in sales negotiations and other issues have occurred in the IT cloud business. In the mobile network business, in accordance with the policy of NTT DOCOMO, Inc., we shortened Docomo Shop operating hours in principle to 4:00 p.m. and reduced in-store reception services from 8 April 2020 through 31 May 2020. As a result, handset sales have recently declined.」
The impact of COVID-19, previously described as a future risk, has materialized as delays in sales negotiations in the IT cloud business and reduced operating hours, reduced reception services, and lower handset sales in the mobile network business. - FY2019First statedAnnual report
「Although our group has been developing a structure that enables flexible business continuity under a business continuity plan, including staggered working hours and working from home, even in the event of a widespread epidemic, if the situation becomes more serious or prolonged, there may be a decline in new transactions due to fewer sales opportunities, a temporary or partial deterioration in service levels due to difficulties in commuting or visiting customers, delays in procurement caused by disruptions in the production and logistics of equipment and materials, and resulting delays in system implementations, construction progress, and capital investment, which may affect the performance of our group.」
The spread of COVID-19 was first disclosed as an independent risk, with impacts on sales negotiations, service delivery, procurement, and construction and capital investment cited for the IT cloud business, and impacts on customer visits, store closures, and handset procurement cited for the mobile network business.