Risk of Business Activity Stagnation Due to COVID-19
First written in FY2020. 3 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023RestatedAnnual report
「If employees become infected due to the spread of COVID-19, influenza or other infectious diseases, or if economic conditions deteriorate, the Group's business activities from production through sales could stagnate, potentially affecting its business performance.」
The risk of business activity stagnation from production through sales due to the spread of infectious diseases continues to be noted. - FY2021RestatedAnnual report
「The company judges that if the spread of COVID-19 continues for an extended period, it could affect the Group's business activities and operating performance.」
The potential impact of a prolonged COVID-19 outbreak on business activities and operating performance continues to be noted. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan's economy remained in generally severe conditions, as economic activity was constrained by the global spread of COVID-19, leading to declining corporate earnings and personal consumption and a deterioration in employment and income conditions.」
The continuing impact of the spread of COVID-19 on economic activity, corporate earnings and personal consumption, among other areas, is noted. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter under review, Japan's economy remained in generally severe conditions, as economic activity was constrained by the global spread of COVID-19, leading to declining corporate earnings and personal consumption and a deterioration in employment and income conditions.」
The impact of the spread of COVID-19 on economic activity, corporate earnings and personal consumption, among other areas, is described as having actually occurred. - FY2020First statedAnnual report
「If employees become infected due to the spread of COVID-19, influenza or other infectious diseases, or if economic conditions deteriorate, the Group's business activities from production through sales could stagnate, potentially affecting its business performance.」
The risk that employee infections caused by the spread of infectious diseases or deteriorating economic conditions could affect business activities from production through sales and business performance is explicitly identified as a key risk.