Risk to Class Continuity from Large-Scale Natural Disasters and Infectious Diseases
First written in FY2016. 4 of 10 entries say "Restated". Latest entry: FY2026.
Waseda Academy 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 2026: 1 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Even as the spread of COVID-19 continued, the Group continued its business and worked to improve performance, placing the health and safety of students, parents and employees first by, among other measures, conducting interactive online classes using Zoom. If a new pandemic occurs in the future, the Group will work to continue its business by drawing on the experience gained in responding to COVID-19.」
The Group continues to present pandemic risk as a standalone item and reiterates its policy of using the experience gained in responding to COVID-19 and interactive online classes to maintain business continuity in the future. - FY2023ReframedAnnual report
「(7) Impact of a pandemic Even as the spread of COVID-19 continued, the Group continued its business and worked to improve performance, placing the health and safety of students, parents and employees first by, among other measures, using Zoom for interactive online classes. If a new pandemic occurs in the future, the Group will work to continue its business by drawing on the experience gained in responding to COVID-19.」
The Group has separated pandemic risk from natural disaster risk and reorganized the previously identified natural disaster and infectious disease risks as the risk of a pandemic occurring. It states that the experience gained in responding to COVID-19 will be used to maintain business continuity in the future. - FY2023-Q1RestatedAnnual report
「The renewed spread of infections caused by COVID-19 variants is also progressing rapidly, and the situation remains one that requires continued vigilance.」
The disclosure continues to describe the renewed spread of infections caused by COVID-19 variants and uncertainty regarding the continuation of classes and business operations. The risk section states that there are no new risks or significant changes. - FY2022-Q3WorsenedAnnual report
「Meanwhile, the outlook remains uncertain due to the impact of the renewed spread of infections caused by the new Omicron variant.」
The disclosure identifies the renewed spread of infections caused by the new Omicron variant and states that infectious disease risks and uncertainty about the outlook continue. - FY2021WorsenedAnnual report
「The spread of COVID-19 is continuing, and concern is also growing over the spread of variants believed to be highly infectious, leaving the outlook uncertain. If prolonged restrictions on going out or multiple large-scale clusters occur in the future and prevent the Group from maintaining smooth business operations, its financial position and business performance may be affected.」
In addition to the continuing COVID-19 pandemic, the disclosure newly identifies highly infectious variants, the possibility of prolonged restrictions on going out, and multiple large-scale clusters. - FY2021-Q1MaterialisedAnnual report
「In the education industry to which the Group belongs, in addition to responding to education system reforms such as the new Common Test for University Admissions, the introduction of English as a formal subject in elementary schools and programming education, the prolonged closure of public schools due to the spread of COVID-19 has created a need to provide continuous learning opportunities to children who have difficulty securing sufficient opportunities to study.」
The spread of COVID-19 and prolonged closures of public schools have materialized, requiring responses to secure learning opportunities and continue classes. - FY2020MaterialisedAnnual report
「The spread of COVID-19 has placed significant constraints on social and economic activity and severely affected the economy. With preventing the spread of infection and ensuring the health and safety of students, parents and employees as its top priorities, the Group has taken various measures to maintain a continuous learning environment and provide instructional services, including suspending classes for a certain period, subsequently distributing on-demand lesson videos, conducting interactive online classes using Zoom, and introducing an examination support app that allows students to take mock examinations at home.」
The previously identified risk to the continuation of classes from natural disasters and infectious diseases has materialized in the form of the spread of COVID-19, class cancellations and changes in lesson formats. - FY2018RestatedAnnual report
「The Group is working to establish management systems for large-scale natural disasters and infectious diseases such as novel influenza. However, if such natural disasters or other events occur in areas where the Group operates on a scale substantially exceeding expectations, it may become difficult to provide classes at schools in multiple areas for an extended period. Computer system problems and other issues may also disrupt customer services, potentially affecting business performance.」
The Group continues to identify the impact of natural disasters, infectious diseases and computer system failures on the continuation of classes and customer services as a risk. - FY2017RestatedAnnual report
「The Group is working to establish management systems for large-scale natural disasters and infectious diseases such as novel influenza. However, if such natural disasters or other events occur in areas where the Group operates on a scale substantially exceeding expectations, it may become difficult to provide classes at schools in multiple areas for an extended period. Computer system problems and other issues may also disrupt customer services, potentially affecting business performance.」
The Group continues to identify the impact of natural disasters, infectious diseases and system failures on the continuation of classes and customer services as risks. - FY2016First statedAnnual report
「If natural disasters or similar events occur in areas where the Group operates on a scale substantially exceeding expectations, it may become difficult to provide classes at schools in multiple areas for an extended period. Computer system problems and other issues may also disrupt customer services, potentially affecting business performance.」
The disclosure describes the establishment of management systems for natural disasters, novel influenza and other risks.