Disruption of Sales Activities Due to Disasters, Unexpected Accidents and Terrorism
First written in FY2017. 3 of 12 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2024-Q1.
The whole theme swung hardest in 2020: 66 of 112 companies on the "Worse" side.
24 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「Social and economic activity is steadily moving toward normalization as restrictions related to COVID-19 are eased.」
Regarding business disruption caused by infectious diseases, the Group stated that social and economic activity was moving toward normalization as restrictions were eased. - FY2023MitigatedAnnual report
「As of the date of submission of this annual securities report, the COVID-19 pandemic is showing signs of subsiding.」
Regarding the risk of business disruption caused by COVID-19, the Group stated that, as of the submission date, the pandemic appeared to be subsiding. However, the possibility of a resurgence or another infectious disease continues to be disclosed. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year (1 February 2022 to 30 April 2022), the global economy remained uncertain, amid the renewed spread of COVID-19 driven by the Omicron variant, soaring raw material prices, supply chain disruptions, and Russia's invasion of Ukraine.」
The renewed spread of infectious diseases again intensified as an external-environment risk, while soaring raw material prices, supply chain disruption, and uncertainty caused by the invasion were also cited. The text does not describe any direct impact on the Group's business. - FY2022ReframedAnnual report
「If a major disaster exceeding expectations occurs at any of the Group's domestic or overseas locations, such as a natural disaster including a major earthquake or typhoon, an unforeseen accident, terrorism, conflict or an epidemic, and depending on the circumstances causes damage to or closure of the Group's facilities, disruption of social infrastructure such as transportation, communications and logistics, or damage to business partners including customers, the Group's business and operating activities could be disrupted, adversely affecting its financial position and business performance.」
The scope expanded from risks involving disasters, accidents and epidemics near offices to group-wide business continuity risks, including damage to domestic and overseas locations, facilities, transportation, communications, logistics and business partners. - FY2022-Q3RestatedAnnual report
「If the COVID-19 pandemic expands or continues for longer than the Group expects, it could adversely affect the Group's financial position and business performance.」
The risk of the COVID-19 pandemic continuing or expanding remains disclosed, along with measures to mitigate its impact, including infection prevention for employees, remote work, online business negotiations, and remote development. - FY2022-Q1MitigatedAnnual report
「The Group continues to disseminate the BCP internally and conduct operational tests, while preparing in advance measures such as establishing a remote-work environment, in order to minimize the impact in the event of an emergency.」
Specific measures to address the risk of business disruption caused by disasters, including epidemics, included continued BCP communication, operational testing, and development of a remote-work environment. - FY2021MaterialisedAnnual report
「The global spread of COVID-19 weakened economic activity and led to many revenue-decline factors, including reduced contact with customers, temporary restraints on IT investment by companies, postponed projects, and delays or interruptions in testing and evaluating the Group's products, significantly affecting the Group's business activities during the current consolidated fiscal year.」
The risk of business disruption caused by infectious diseases materialized during the current consolidated fiscal year as reduced customer contact, restrained IT investment, postponed projects, and delays or interruptions in product evaluation. - FY2021-Q2WorsenedAnnual report
「Revenue-decline factors became apparent, including smaller or postponed projects due to customers temporarily curbing DX investment, lower shipments of finished products, and delays or interruptions in testing and evaluating the Group's products.」
Business disruption caused by epidemics became more specific than in the previous quarter, taking the form of curtailed DX investment, smaller and postponed projects, lower shipments of finished products, and delays or interruptions in testing and evaluation. - FY2021-Q1MaterialisedAnnual report
「Under these circumstances, during the first quarter of the current fiscal year, the cancellation of events in each business reduced contact with new customers, while projects were downsized or postponed and business negotiations were delayed. These factors caused short-term revenue declines, including lower royalty revenue in the domestic business segment and new customer acquisition in the network business segment falling below initial expectations.」
The previously identified risk of business disruption caused by epidemics and similar events materialized as event cancellations, reduced contact with new customers, project downsizing and postponements, delayed business negotiations, and lower royalty revenue. - FY2020RaisedAnnual report
「The Group has formulated a business continuity plan (BCP) to minimize the impact on its business if a natural disaster such as a major earthquake or typhoon, an unforeseen accident, terrorism, an epidemic or similar event occurs.」
In addition to the previously identified risks of disasters, accidents and terrorism, epidemics were added as a risk, and the formulation of a BCP was explicitly identified as a countermeasure. - FY2018RestatedAnnual report
「If a major earthquake, typhoon or other disaster, or an unforeseen accident, terrorist attack or similar event occurs near the Group's offices and disrupts its business activities, the Group's business performance could be adversely affected.」
The risk of business disruption caused by disasters, accidents or terrorism continues. - FY2017First statedAnnual report
「If a major earthquake, typhoon or other disaster, or an unforeseen accident, terrorist attack or similar event occurs near the Group's offices and disrupts its business activities, the Group's business performance could be adversely affected.」
The Group disclosed the possibility that natural disasters, accidents or terrorism near its offices could suspend or disrupt business activities.