Risks from Major Natural Disasters and COVID-19 and Other Infectious Diseases
First written in FY2020. 6 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 24 of 39 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company is working to establish the systems necessary for business continuity, back up data and utilise remote environments, but depending on the scale or duration of the damage, its financial position and operating results may be affected.」
Business continuity risks from natural disasters, infectious diseases, war and other events continue to be disclosed, along with data backups and the use of remote environments as countermeasures. - FY2025RestatedAnnual report
「In the region where the Company's head office, the Miyazaki Head Office, is located, natural disasters such as direct hits from typhoons that have grown larger in recent years due to global warming, eruptions of volcanoes in the Kirishima mountain range, and earthquakes originating offshore in the Hyuga-nada Sea may make it difficult to maintain all or part of the head office functions, resulting in lower sales and delays in software development and potentially affecting the Company's financial position and operating results.」
The risks of a shutdown of head office functions, lower sales and development delays caused by natural disasters continue to be disclosed. - FY2023SoftenedAnnual report
「In the region where the Company's group headquarters, the Miyazaki Head Office, is located, natural disasters such as direct hits from typhoons that have grown larger in recent years due to global warming, eruptions of volcanoes in the Kirishima mountain range, and earthquakes originating offshore in the Hyuga-nada Sea may make it difficult to maintain all or part of the head office functions, resulting in lower sales and delays in software development and potentially affecting the Company's financial position and operating results.」
Compared with the previous disclosure of risks including COVID-19, the specific risk discussion for the current fiscal year focuses mainly on natural disasters such as typhoons, volcanic eruptions and earthquakes. - FY2023-Q1RestatedAnnual report
「The impact of COVID-19 on the Company's group businesses is limited, and no impact has occurred.」
The explanation that the impact of COVID-19 on the Company's group businesses is limited or has not materialised continues. - FY2022-Q3RestatedAnnual report
「The impact of COVID-19 on the Company's business is limited, and no significant impact has occurred.」
While uncertainty in the economic environment caused by the infectious disease itself continues to be disclosed, the impact on the Company's business is described as limited. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan's economy remained challenging, although an economic recovery was expected as a result of the effects of various policies and improvements in overseas economies. However, close attention must be paid to the impact on the domestic and international economies depending on infection trends, and the Company must monitor the impact of volatility in the financial and capital markets and other factors.」
The impact of COVID-19 on the economic environment and the downside risk associated with infection trends continue to be disclosed. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan's economy remained sluggish because of the impact of COVID-19. Although an economic recovery is expected as a result of measures to prevent the spread of infection in Japan and overseas and the effects of various policies, close attention must be paid to the risk that the domestic and international economies may deteriorate depending on the spread of infection, and the Company must monitor the impact of volatility in the financial and capital markets and other factors.」
The economic stagnation caused by COVID-19 and the downside risk from the spread of infection continue. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter under review, Japan's economy remained in an uncertain situation, affected by the global spread of COVID-19.」
The global spread of COVID-19 continued as an actual economic condition, prompting responses such as remote work and contactless services. - FY2020First statedAnnual report
「If a natural disaster such as a major earthquake or typhoon, or an infectious disease such as COVID-19 or a novel influenza strain, occurs or spreads on a scale far exceeding expectations in areas surrounding the head office and sales offices, this may affect the Company's business activities and consequently its financial position and operating results.」
The impact of COVID-19 on the business during the fiscal year is considered limited.