Market and Business Continuity Risks from COVID-19
First written in FY2021. 6 of 9 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024DroppedAnnual reportThe description of the operating environment and business and other risks for FY2024 contains no mention of the novel coronavirus disease, and the risk description included through the previous fiscal year has been removed.
- FY2023SoftenedAnnual report
「Although the impact of the novel coronavirus disease appears to be subsiding domestically, it remains difficult to predict whether infections will spread again or when the outbreak will subside. The impact of the infectious disease on our Group’s business is limited at present.」
The statement now indicates that, while the possibility of a renewed spread remains, the outbreak appears to be subsiding domestically and its impact on the business is limited at present. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review (1 April 2022 to 31 December 2022), Japan’s economy continued to face an uncertain outlook due to the impact of the novel coronavirus disease, which was still raging worldwide, as well as heightened tensions surrounding Ukraine, the rapid depreciation of the yen and soaring resource prices.」
The uncertainty of the economic environment amid the continuing impact of the novel coronavirus disease has been reconfirmed. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review (1 April 2022 to 30 September 2022), Japan’s economy continued to face an uncertain outlook due to the novel coronavirus disease, which was still raging worldwide and showing signs of spreading again domestically, as well as heightened tensions surrounding Ukraine and soaring prices of resources and other goods caused by the rapid depreciation of the yen.」
The uncertainty of the economic environment, including signs of a renewed spread of the novel coronavirus disease, has been reconfirmed. - FY2022RestatedAnnual report
「Although the impact of the infectious disease on our Group’s business is limited at present, if infections spread further and the period until the outbreak subsides is prolonged, our Group’s business results and other aspects of operations may be affected by a sluggish market, delays in collecting receivables due to deteriorating customer performance, infections among employees and other factors.」
The risk of the continuing spread of the infectious disease and the response of promoting remote work to maintain business continuity have been reconfirmed. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan’s economy remained in an uncertain state, as the impact of the novel coronavirus disease, whose global spread continued with no sign of subsiding, remained substantial.」
The continuing spread of the novel coronavirus disease and the uncertainty of the economic environment have been reiterated. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan’s economy remained in an uncertain state, as the impact of the novel coronavirus disease, whose global spread continued with no sign of subsiding, remained substantial.」
The continuing spread of the novel coronavirus disease and the uncertainty of the economic environment have been reiterated. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan’s economy remained in an uncertain state, as the impact of the novel coronavirus disease, whose global spread continued with no sign of subsiding, remained substantial.」
The continuing spread of the novel coronavirus disease and the uncertainty of the economic environment have been reiterated. The Company states that there have been no material changes in the Business and Other Risks section. - FY2021First statedAnnual report
「Although the impact of the infectious disease on our Group’s business is limited at present, if infections spread further and the period until the outbreak subsides is prolonged, our Group’s business results and other aspects of operations may be affected by a sluggish market, delays in collecting receivables due to deteriorating customer performance, infections among employees and other factors.」
The Group plans to further promote remote work to ensure employee safety and maintain service continuity.