Business Continuity Risks from Natural Disasters, Terrorism and Infectious Diseases
First written in FY2020. 4 of 8 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026.
ODK Solutions Company moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
15 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Our Group's business operations may be disrupted by large-scale disasters such as earthquakes and floods, criminal acts such as terrorism, outbreaks of infectious diseases, failures of information systems or networks caused by computer viruses and other factors, and vulnerability assessments and cyberattacks using AI.」
AI-based vulnerability discovery and cyberattacks were added as new specific factors underlying business continuity risk. - FY2023RestatedAnnual report
「Our Group has established a business continuity plan to minimize the impact of emergencies and reviews the plan during normal operations. However, these events are difficult to predict and, if damage occurs, may affect the Group's financial results.」
Business continuity risks from natural disasters, terrorism, infectious diseases and computer viruses, together with responses under the business continuity plan, remain in place. - FY2022-Q3WorsenedAnnual report
「Japan's economy during the cumulative third-quarter period moved toward a gradual recovery as the COVID-19 situation improved significantly. However, concern remains over the effects of the spread of new variants, higher raw material prices due to rising crude oil prices, and shortages of semiconductors and components.」
While the company describes an improvement in infection conditions, it identifies the spread of infections caused by new variants as a concern, indicating that external infectious-disease risks to business continuity remain and have become more specific. - FY2021MaterialisedAnnual report
「In general operations, revenue declined to ¥703.045 million, down 21.6% year on year, due to a decline in app development for tablets used in medical systems, a decline in operating services related to the clinical business resulting from the spread of COVID-19, and a decline in sales of tablet products for medical systems.」
The decline in operational work in the clinical business and lower medical product sales due to the spread of COVID-19 are cited as actual factors behind the decline in revenue. - FY2021-Q3MaterialisedAnnual report
「During the cumulative third-quarter period, revenue was ¥1,846.148 million, down 0.4% year on year, despite deeper transactions with existing customers in the education business and server replacement development projects in the securities business, due mainly to a decline in operational services related to the clinical business caused by the spread of COVID-19.」
A decline in operational work in the clinical business due to the spread of COVID-19 also occurred in the current quarter and remains a factor behind the decline in revenue. - FY2021-Q2MaterialisedAnnual report
「Revenue amounted to ¥938.881 million, down 10.3% year on year, due to the absence of the interim acceptance inspection in the education business in the previous fiscal year and a decline in operational work related to the clinical business as a result of the spread of COVID-19.」
A decline in operational work in the clinical business due to the spread of COVID-19 also occurred in the current quarter and is cited as a factor behind the decline in revenue. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter under review, although there was a server replacement development project related to the clinical business, revenue declined to ¥462.082 million, down 6.2% year on year, due to the loss of development projects for an unfair trading surveillance system in the securities business and a decline in operating services related to the clinical business resulting from the spread of COVID-19.」
The spread of COVID-19 led to a decline in operational work in the clinical business, and the company states that business continuity risk affected actual operations and revenue. - FY2020First statedAnnual report
「Our business operations may be disrupted by large-scale disasters such as earthquakes and floods, criminal acts such as terrorism, outbreaks of infectious diseases such as COVID-19, and failures of information systems or networks caused by computer viruses and other factors.」
Natural disasters, terrorism, infectious diseases and computer viruses are listed as standalone key risks that could disrupt business operations, and a business continuity plan is in place.