Business interruption risk arising from large-scale disasters and other events
First written in FY2018. 5 of 11 entries say "Restated". Latest entry: FY2025.
Systems Design moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 70 of 114 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「If a major disaster or new pandemic occurs in the future and some or all operations are suspended, or if there is a major fluctuation in the financial and capital markets or supply-side constraints, this could affect the Group’s financial position and operating results.」
In addition to conventional disaster and pandemic risks, the company explicitly identifies major fluctuations in the financial and capital markets and supply constraints as related factors in the risk of business interruption. - FY2023MitigatedAnnual report
「Following the reclassification of COVID-19 as a Category 5 infectious disease, the Group changed its response to a flexible approach involving measures tailored to conditions at each site. At present, there has been no significant negative impact overall.」
The company states that its response to COVID-19 has changed to flexible measures tailored to conditions at each site, and that there is currently no significant negative impact overall. Future disaster and pandemic risks remain. - FY2023-Q3RestatedAnnual report
「The Group took measures in line with the guidelines for preventing COVID-19 infections and promoted telework and staggered working hours for employees, while focusing on securing orders for ongoing and new projects, improving the profitability of low-margin projects, and investing in talent development and recruitment.」
The company continues infection prevention and business continuity measures through infection prevention guidelines, telework, and staggered working hours. - FY2023-Q1RestatedAnnual report
「Under these circumstances, the Group took measures in line with the guidelines for preventing COVID-19 infections and promoted telework and staggered working hours for employees, while」
The company continues to implement infection prevention guidelines, telework, and staggered working hours as business continuity measures during the pandemic. - FY2022RestatedAnnual report
「To maintain infection prevention and business continuity, the Group is currently taking measures in line with the guidelines for preventing COVID-19 infections, including promoting telework and staggered working hours for employees. There have been no closures of business sites at this time. There have also been no problems with short-term cash management, and the overall impact on operating results has not been significant.」
The company continues measures to maintain business continuity through infection prevention guidelines, telework, and staggered working hours, and states that there have been no closures of business sites or short-term cash management problems. - FY2022-Q1RestatedAnnual report
「While taking measures in line with the guidelines for preventing COVID-19 infections and promoting telework and staggered working hours for employees,」
The company continues to implement infection prevention guidelines, telework, and staggered working hours as business continuity measures during the pandemic. - FY2021MitigatedAnnual report
「To maintain infection prevention and business continuity, the Group is currently taking measures in line with the guidelines for preventing COVID-19 infections, including promoting telework and staggered working hours for employees. There have been no closures of business sites at this time. There have also been no problems with short-term cash management, and the overall impact on operating results has not been significant.」
Although the pandemic is ongoing, the company states that it is maintaining business continuity through telework, staggered working hours, and operation of the guidelines, with no closure of business sites, short-term cash management problems, or significant impact on operating results. - FY2021-Q1MaterialisedAnnual report
「In the information services sector in which the Group operates, the COVID-19 pandemic has strengthened companies' efforts toward digitalization, including the development of telework environments. However, growth in IT investment, which had previously been solid, has become difficult to predict as companies postpone investment decisions.」
The report describes the actual occurrence of a pandemic and its business impact, including delays in companies’ investment decisions and project orders. However, this quarterly report does not state that operations were completely suspended. - FY2020WorsenedAnnual report
「(5) Occurrence of a major disaster, pandemic, or similar event. To prepare for a major natural or man-made disaster, the Group has implemented business continuity measures, including decentralising offices and migrating servers to data centres, and is developing systems to minimise damage.」
The scope of the risk item has been expanded from conventional natural and man-made disaster risks to explicitly include pandemics. - FY2019RestatedAnnual report
「To prepare for a major natural or man-made disaster, the Group is developing systems to minimise damage. However, if the impact is substantial and some or all operations are suspended, this could affect the Group’s financial position and operating results.」
The company continues to disclose the risk of business interruption due to a major natural or man-made disaster and the development of systems to limit damage. - FY2018First statedAnnual report
「To prepare for a major natural or man-made disaster, the Group is developing systems to minimise damage. However, if the impact is substantial and some or all operations are suspended, this could affect the Group’s financial position and operating results.」
The company identifies the suspension of some or all operations and the resulting impact on performance due to a major natural or man-made disaster as a new major risk.