Business stagnation caused by COVID-19 and other infectious diseases
First written in FY2021. 4 of 10 entries say "Mitigated", first in FY2023-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2025: 5 of 16 companies on the "Worse" side.
12 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual reportThis filing does not identify COVID-19 as a separate risk, but treats “new infectious diseases” as a general risk under natural disasters and other risks.
- FY2024-Q2MitigatedAnnual report
「Decline in medical waste treatment projects as COVID-19 subsided」
COVID-19-related medical waste treatment projects declined, further mitigating the impact of the spread of infectious diseases on the business environment. - FY2024-Q1MitigatedAnnual report
「Orders for COVID-19-related medical waste treatment declined as such projects subsided」
COVID-19-related medical waste projects subsided, partially mitigating the impact of infection-related demand on the business environment. - FY2023-Q3MitigatedAnnual report
「During the first nine months of the current fiscal year, the Japanese economy gradually recovered as the impact of COVID-19 eased and economic and social activity moved toward normalization.」
In Japan, the impact of COVID-19 eased and economic and social activity moved toward normalization, mitigating the risk of business stagnation from infectious diseases to a certain extent compared with the previous fiscal year. - FY2023-Q1MitigatedAnnual report
「During the first quarter of the current fiscal year, the Japanese economy showed signs of recovery as the impact of COVID-19 eased and economic and social activity moved toward normalization.」
In Japan, the impact of COVID-19 eased and economic and social activity moved toward normalization, mitigating the recent risk of business stagnation from infectious diseases to a certain extent. - FY2022RestatedAnnual report
「In Vietnam, performance was strong in the first half as the spread between buying and selling prices widened amid a sharp rise in product prices, while operations were difficult in the second half due to the COVID-19 pandemic. For the full year, however, the Vietnam operations as a whole recorded their highest-ever profit.」
While business stagnation caused by COVID-19 and the lockdown in Vietnam continued, the Vietnam operations recorded their highest-ever full-year profit. - FY2022-Q3MaterialisedAnnual report
「In Vietnam, the spread of COVID-19 became more serious from the end of June, and the business environment became difficult as social distancing measures, including a lockdown, were implemented to contain the spread.」
The spread of COVID-19 and the lockdown actually occurred in Vietnam, becoming factors behind weak earnings in the overseas steel business. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, the Japanese economy remained in a severe situation due to the spread of COVID-19. Although signs of recovery were seen in some areas, the outlook remained uncertain.」
The spread of COVID-19 affected the Japanese economy, and difficult conditions and uncertainty about the outlook have continued. - FY2022-Q1MaterialisedAnnual report
「During the cumulative first quarter under review, economic activity resumed overseas, while economic activity in Japan stagnated, particularly in urban areas, due to declarations of a state of emergency and other measures, and the outlook remained uncertain.」
Domestic economic activity stagnated due to the declaration of a state of emergency and other measures associated with COVID-19, and the impact on the business environment has continued. - FY2021MaterialisedAnnual report
「If infectious diseases or other illnesses occur and spread in these countries or regions, business activities may stagnate and affect the Group's results. In response to the recent COVID-19 pandemic, the Group established a crisis response office and implemented a company-wide response.」
The company identified infectious disease pandemics as a separate risk and described the actual occurrence and spread of COVID-19 and the response by the crisis response office.