Difficulty in carrying out operations due to natural disasters and infectious diseases
First written in FY2017. 4 of 16 entries say "Reframed", first in FY2023-Q2. Latest entry: FY2026.
Kyoshin moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「If a major natural disaster, such as an earthquake or flood, an accident-related disaster, such as a fire, or a large-scale infectious disease outbreak were to occur in an area where our group operates, it could become difficult to continue business because our operations are centered on providing face-to-face services.」
Adds accident-related disasters such as fires to natural disaster and infectious disease risks, and organizes the impact on business continuity resulting from the group's focus on face-to-face services. - FY2024ReframedAnnual report
「If a major natural disaster, such as an earthquake or flood, were to occur in an area where our group operates, it could become difficult to continue business. Our group is working to establish systems that ensure the safety of customers and employees and enable business continuity by implementing safety measures for facilities and equipment at business locations, thoroughly disseminating disaster manuals and conducting drills, establishing systems to confirm the safety of employees and others, and placing emergency supplies at each business location.」
Organizes natural disaster risk around earthquakes, floods, and other events, and adds facility and equipment measures, manuals and drills, safety confirmation systems, and emergency supplies as specific response measures. - FY2024-Q3RestatedAnnual report
「During the cumulative consolidated third quarter under review, Japan's economy saw signs of a recovery as COVID-19 was downgraded to Category V under the Infectious Diseases Act in May 2023 and the end of border-control measures, including entry restrictions, advanced the normalization of economic activity.」
Reconfirms the normalization of economic activity and economic recovery following the reclassification of COVID-19 as a Category V disease and the end of border-control measures. - FY2024-Q2RestatedAnnual report
「In May 2023, COVID-19 was downgraded to Category V under the Infectious Diseases Act. The end of border-control measures, including entry restrictions, advanced the normalization of economic activity and led to signs of an economic recovery.」
Reconfirms the normalization of economic activity and economic recovery following the Category V reclassification and the end of border-control measures. - FY2024-Q1RestatedAnnual report
「In May 2023, COVID-19 was downgraded to Category V under the Infectious Diseases Act. The end of border-control measures, including entry restrictions, advanced the normalization of economic activity and led to signs of an economic recovery.」
Reconfirms the normalization of economic activity and economic recovery following the Category V reclassification and the end of border-control measures. - FY2023ReframedAnnual report
「COVID-19 was reclassified as a Category V infectious disease under the Infectious Diseases Act from 8 May 2023, making face-to-face communication and interaction easier. However, without becoming complacent, we will continue to implement thorough infection-prevention measures in businesses requiring direct customer contact, including cram schools, and do our utmost with customer safety and peace of mind as our top priorities.」
While indicating the recovery of face-to-face interaction following the reclassification as a Category V disease, continues to identify infectious disease risk and infection-prevention measures as ongoing issues. - FY2023-Q2ReframedAnnual report
「During the six months ended [the second quarter of] the current fiscal year, Japan’s economy was gradually improving as economic activity returned to normal. However, the impact of COVID-19 continued, while the outlook for the economy remained uncertain due to surging energy resource prices against the backdrop of the prolonged situation in Ukraine and the weaker yen, as well as declining consumer appetite resulting from higher prices.」
While the economy was moving from stagnation caused by restrictions on personal movement and other measures toward normalization, it also notes the continuing impact of infectious diseases, the situation in Ukraine, yen depreciation, surging energy prices, and higher prices. - FY2023-Q1Recovery trend, renewed spread of infections, and surging energy pricesAnnual report
「Economic activity was moving toward normalization and on a gradual recovery path as restrictions on personal movement associated with COVID-19 were eased in stages. However, the economic outlook remains uncertain because of the renewed spread of COVID-19 due to a new variant and surging energy prices resulting from Russia's invasion of Ukraine.」
For infectious disease risk, presents both the recovery trend resulting from eased restrictions on personal movement and the renewed spread caused by a new variant. It also identifies higher energy prices resulting from the invasion of Ukraine as a factor affecting the economy. - FY2022-Q3Recovery, renewed restrictions, and geopolitical risksAnnual report
「During the cumulative consolidated third quarter under review, Japan's economy was on a gradual recovery path as the spread of COVID-19 persisted, with the number of new infections declining as vaccination became more widespread and restrictions on personal movement being eased while infection-prevention measures were implemented. However, the highly transmissible Omicron variant spread in January 2022, leading to the reapplication of priority preventive measures and another round of restrictions on economic activity.」
States that the economy was gradually recovering as vaccination spread and restrictions on personal movement were eased, while economic activity was again restricted because of the Omicron variant. - FY2022-Q2Partial normalization and continuing impactAnnual report
「During the six months ended [the second quarter of] the current fiscal year, Japan’s economy was seeing increasing movement toward the normalisation of consumption activity as restrictions on personal activity were eased through the wider rollout of vaccinations and the lifting of the state of emergency, although the impact of the spread of COVID-19 continued for an extended period.」
While the impact of COVID-19 has persisted, it also notes progress toward the normalization of consumption activity as vaccination and the lifting of states of emergency have eased restrictions on personal movement. - FY2021WorsenedAnnual report
「If an infectious disease such as COVID-19 were to occur in an area where our group operates, it could become difficult to conduct business in operations serving international students and operations centered on providing face-to-face services.」
Presents the impact of infectious disease risk on the international student business and face-to-face services as a separate item, and explicitly identifies potential declines in revenue and increases in response costs resulting from prolonged travel restrictions and large-scale clusters. - FY2021-Q1WorsenedAnnual report
「During the first quarter cumulative consolidated period, economic activity was significantly restricted by the spread of COVID-19, corporate earnings declined, and employment conditions deteriorated. Japan's challenging economic conditions have continued to the present. Even if the economy moves toward normalization, the outlook is expected to become uncertain again if infections spread again.」
States that the continuing impact of COVID-19 has appeared in restrictions on economic activity and deterioration in corporate earnings and employment conditions, while also noting uncertainty caused by a renewed spread of the disease. - FY2020MaterialisedAnnual report
「In the second half of the fiscal year under review, the global spread of COVID-19 had a major impact on the domestic and overseas economies, and the outlook remains uncertain.」
The infectious disease risk materialized and affected the domestic and overseas economies, education and language businesses, and overseas locations. - FY2020-Q3WorsenedAnnual report
「In the subsequent cumulative consolidated fourth quarter, the number of students is expected to decline again year on year because of the impact of COVID-19.」
Specifies the affected business and period for the infectious disease risk, stating that the number of students in the Japanese-language education business is expected to fall below the previous year in the fourth quarter because of COVID-19. - FY2019MaterialisedAnnual report
「In addition to the effects of natural disasters, including earthquakes, typhoons, and heavy rain in the summer of 2018, operating profit fell below the previous year as a result of higher fees and goodwill amortization associated with M&A transactions.」
Describes the actual impact of natural disaster risks, stating that earthquakes, typhoons, heavy rain, and other events in the summer of 2018 affected performance for the year. - FY2017First statedAnnual report
「If a major earthquake or other natural disaster, or an infectious disease such as influenza, were to occur in an area where our group operates, it could become difficult to conduct business.」
Identifies the impact of natural disasters and infectious diseases on business continuity as a risk.