Demand and Supply Chain Risks from the Spread of COVID-19
First written in FY2020. 12 of 17 entries say "Restated". Latest entry: FY2026-H1.
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
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in its major risks and continues to recognize the existing risks, including demand and supply chain risks resulting from the spread of COVID-19. - FY2025RestatedAnnual report
「In addition, if the resurgence of infectious diseases, including COVID-19, disrupts the continuation of business activities such as production, logistics and sales, it may have a material impact on the performance of the Group.」
The company continues to identify the potential impact of a resurgence of infectious diseases on production, logistics and sales activities as a major risk. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company explains that there have been no material changes in its major risks and continues to recognize the existing risks, including demand and supply chain risks associated with the spread of COVID-19. - FY2024-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company explains that there have been no material changes in its major risks, including demand and supply chain risks associated with the spread of COVID-19. - FY2024-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company explains that there have been no material changes in its major risks, including demand and supply chain risks associated with the spread of COVID-19. - FY2023MaterialisedAnnual report
「In addition, if the resurgence of infectious diseases, including COVID-19, disrupts the continuation of business activities such as production, logistics and sales, it may have a material impact on the performance of the Group.」
The company continues to identify a resurgence of infectious diseases as a business continuity risk. During the fiscal year, production stoppages occurred in China due to the spread of infection, and the impact on production activities became tangible. - FY2023-Q3MaterialisedAnnual report
「Due to factors including the impact of semiconductor shortages and disruptions to the supply of components from China and Southeast Asia, the recovery production intended to make up for production that had stalled during the COVID-19 pandemic did not proceed as planned.」
In addition to production stagnation following the spread of COVID-19, semiconductor shortages and disruptions to the supply of components from China and Southeast Asia have resulted in delays in the actual recovery of production. - FY2023-Q2MaterialisedAnnual report
「Operating profit declined year on year because delays in passing on increases in manufacturing costs resulting from soaring raw material and energy prices coincided with production cuts caused by the spread of COVID-19 infections in China.」
Production cuts in China resulting from the spread of COVID-19 actually occurred and, together with delays in passing higher manufacturing costs on to prices, became factors behind the decline in operating profit. - FY2023-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in its major risks and continues to recognize the existing risks, including demand and supply chain risks associated with the spread of COVID-19. - FY2022RestatedAnnual report
「The global spread of COVID-19 continues, and there is still no clear prospect of containment. If this situation continues, the resulting decline in global demand and supply chain disruptions could lead to lower sales and higher raw material costs for the group, potentially having a material impact on its operating results and financial condition.」
The company continues to recognize the risks of lower demand, supply chain disruption and higher raw material costs resulting from the spread of COVID-19. - FY2022-Q3RestatedAnnual report
「During the third quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in its major risks and continues to recognize the existing risks, including COVID-19-related demand and supply chain risks. - FY2022-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in its major risks and continues to recognize the existing risks, including COVID-19-related demand and supply chain risks. - FY2022-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in its major risks and continues to recognize the existing risks, including COVID-19-related demand and supply chain risks. - FY2021-Q3RestatedAnnual report
「Meanwhile, real GDP in the 27 EU countries declined from the previous quarter, new COVID-19 cases turned upward, and negative growth is expected to continue as lockdowns remain in place.」
While the spread of COVID-19 and economic stagnation continue in some regions, China and the United States are showing signs of recovery. No material changes have been identified in the business risks related to COVID-19 demand and supply chain risks. - FY2021-Q2RestatedAnnual report
「The third wave of COVID-19 infections is currently under way, but the recovery is expected to continue, albeit at a slower pace.」
While the third wave of COVID-19 infections continues, the company expects the Japanese economy to continue recovering. Demand and supply chain risks from the spread of the infection remain. - FY2021-Q1MaterialisedAnnual report
「Operating profit declined year on year due to the impact of COVID-19, particularly the decrease in sales to the optical equipment industry during the period.」
The company states that the decline in demand caused by COVID-19 actually resulted in lower sales to the optical equipment industry and lower operating profit. - FY2020First statedAnnual report
「The global spread of COVID-19 continues, and there is still no clear prospect of containment. If this situation continues, the resulting decline in global demand and supply chain disruptions could lead to lower sales and higher raw material costs for the group, potentially having a material impact on its operating results and financial condition.」
The company newly disclosed the global spread of COVID-19 as a separate principal risk, indicating the potential impact on operating results and financial condition through lower demand, supply chain disruptions and higher raw material costs.