COVID-19 and Supply Chain Disruptions
First written in FY2021. 8 of 14 entries say "Restated". Latest entry: FY2026-H1.
Basis moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 5 of 16 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Against this economic backdrop, an overview of our group's performance is as follows.」
For the economic environment during the interim period, the company describes downside risks to the economy stemming from U.S. trade policy, concerns about a slowdown in personal consumption due to rising prices, and an uncertain outlook. At the same time, it states that there have been no material changes in business or other risks. - FY2025RestatedAnnual report
「Uncertainty surrounding corporate activity remains high due to stagnant real wage growth, persistently elevated raw material prices and logistics costs, continued yen depreciation, and the lack of clarity surrounding the situation in the Middle East.」
The company states that external-environment risks, including raw material prices and logistics costs, yen depreciation and the situation in the Middle East, continue. - FY2025-H1RestatedAnnual report
「There are still many concerns, including currency fluctuations, global monetary tightening and the unstable international situation, and the outlook remains uncertain.」
The company states that external-environment risks, including currency fluctuations, monetary tightening and the unstable international situation, continue. - FY2024RestatedAnnual report
「At the same time, the outlook for the economy remains uncertain due to surging resource prices and rising inflation, reflecting the situation in the Middle East and other factors.」
The company states that external-environment risks, including the situation in the Middle East, surging resource prices and rising inflation, continue in addition to the previously cited risks related to infectious diseases and supply chains. - FY2024-Q3RestatedAnnual report
「The outlook remains uncertain due to continued increases in resource prices and logistics costs resulting from the unstable international situation, yen depreciation and other factors.」
The company states that external-environment risks, including the international situation, yen depreciation, and rising resource prices and logistics costs, continue. - FY2023MaterialisedAnnual report
「In mobile engineering services, telecommunications carriers' capital investment temporarily declined, and further demands for cost control are expected. In addition, some areas of the supply chain related to base-station construction have been delayed beyond schedule due to semiconductor shortages, COVID-19 and other factors.」
The company states that delays in the base-station construction supply chain caused by COVID-19 and other factors continued at fiscal year-end. - FY2023-Q3MaterialisedAnnual report
「In the supply chain related to base-station construction, some areas have been delayed beyond schedule due to semiconductor shortages, COVID-19 and other factors. As a result, some third-quarter revenue in the flow business is expected to shift into the fourth quarter or later.」
Supply chain delays in base-station construction caused by semiconductor shortages, COVID-19 and other factors continue to materialize as flow-business revenue shifts into the following quarter or later. - FY2023-Q2MaterialisedAnnual report
「In the supply chain related to base-station construction, some areas have been delayed beyond schedule due to semiconductor shortages, COVID-19 and other factors. As a result, some second-quarter revenue in the flow business is expected to shift into the third quarter.」
Delays in the supply chain caused by semiconductor shortages, COVID-19 and other factors have materialized in the flow business for base-station construction, with some revenue shifting into the following quarter. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period from 1 July 2022 to 30 September 2022, Japan's economy remained on a moderate recovery trend as economic activity moved toward normalization, although the effects of COVID-19 continued. However, the outlook remains uncertain due to persistently high raw material and fuel prices resulting from the prolonged situation in Ukraine and restrictions on economic activity in China, supply chain disruptions, and the rapid depreciation of the yen.」
The company reconfirms external-environment risks including COVID-19, the situation in Ukraine, raw material and fuel prices, supply chains and yen depreciation. It states that there have been no material changes in business or other risks. - FY2022WorsenedAnnual report
「In addition, since February 2022, the external environment has changed even more rapidly, including developments in the situation in Ukraine and a sharp depreciation of the yen.」
In addition to COVID-19 and supply chain impacts, the company newly describes changes in the external environment, including the situation in Ukraine and a sharp depreciation of the yen. - FY2022-Q3RestatedAnnual report
「The impact of semiconductor shortages on supply chains increased, weighing on economic activity, and conditions varied by industry. Despite this economic environment, the impact of COVID-19 and semiconductor shortages on our performance remains limited.」
The company reiterates that external-environment risks from semiconductor shortages and COVID-19, as well as their impact on its performance, remain limited. It states that there have been no new material changes in risk. - FY2022-Q2WorsenedAnnual report
「The impact of semiconductor shortages on supply chains increased, weighing on economic activity, and conditions varied by industry. Despite this economic environment, the impact of COVID-19 and semiconductor shortages on our performance remains limited.」
The company states that the impact of semiconductor shortages on supply chains has increased, indicating greater external-environment risk. At the same time, it explains that the impact on its performance remains limited. - FY2022-Q1RestatedAnnual report
「Although progress toward normalizing economic activity through the promotion of vaccinations is expected, the timing of containment remains unforeseeable due to the spread of variants and other factors.」
The company states that the timing of containment of COVID-19 remains unforeseeable due to the spread of variants and other factors. - FY2021First statedAnnual report
「In addition to production delays for some IoT devices caused by the suspension of operations at overseas plants, the impact of supply chain disruptions has been identified, although it remains limited due to disruptions in international logistics networks.」
The company describes events whose impact has already been identified, including restrictions on access to properties planned for base stations and production delays for IoT devices.