Demand and Operating Risks Arising from COVID-19 and Countermeasures
First written in FY2020. 3 of 11 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024MitigatedAnnual report
「In addition, with respect to infection-control measures, the Company is working to establish the systems and operating practices developed through its response to COVID-19.」
The Company is working to embed the systems and operating practices established through its previous response to demand and operating risks caused by COVID-19. - FY2023-Q3Economic recovery despite continuing impactAnnual report
「Although the domestic economy during the cumulative consolidated third quarter continued to be affected by COVID-19, restrictions on activities were eased, and the economy recovered gradually, supported mainly by resilient personal consumption and capital investment.」
The disclosure states that although the impact of COVID-19 continued, personal consumption and capital investment remained resilient against the backdrop of eased activity restrictions, and the economy recovered gradually. - FY2023-Q2Production recovers despite renewed spread of infectionsAnnual report
「In the latter half of the fiscal year, although COVID-19 infections spread again, no special restrictions on activities were imposed and other countries also eased their measures against the disease. As a result, the economy showed a gradual recovery, including a recovery in production.」
Although COVID-19 infections spread again, no special restrictions on activities were imposed, and the company states that the economy recovered, including through a recovery in production. - FY2023-Q1Recovery from the impact of COVID-19, but difficult conditions continueAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy generally showed signs of recovery from the impact of COVID-19. However, it remained in a difficult situation due to higher resource and energy prices resulting from the overlap of a deterioration in the situation in Eastern Europe with the weak recovery in domestic and overseas demand, as well as rising prices resulting from the rapid depreciation of the yen.」
While the economy showed signs of recovery from the impact of COVID-19, difficult conditions continue due to the weak recovery in demand, higher resource and energy prices associated with the situation in Eastern Europe, and higher prices caused by the rapid depreciation of the yen. - FY2022-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, corporate earnings improved from the previous year, but the Japanese economy remained in a difficult situation as the prolonged impact of COVID-19 weakened signs of recovery in personal consumption.」
While corporate earnings showed improvement, the company states that difficult economic conditions continue due to the prolonged impact of COVID-19 and weak personal consumption. - FY2022-Q1Corporate activity shows signs of recovery, but difficult conditions continueAnnual report
「During the first quarter of the current consolidated cumulative period, corporate activity showed signs of recovery from the economic slowdown caused by COVID-19, but the Japanese economy remained in a difficult situation due to stagnant personal consumption and other factors.」
While corporate activity showed signs of recovery from the economic slowdown caused by COVID-19, difficult conditions continue due to stagnant personal consumption and other factors. - FY2021MitigatedAnnual report
「With COVID-19 infections currently spreading again, the company has established a response headquarters overseeing the entire group, thoroughly implemented its policies, and quickly introduced measures including encouraging working from home and staggered working hours in response to requests from the national and local governments.」
While demand and operating risks from COVID-19 continue, the company is implementing measures including a group response headquarters, working from home and staggered working hours. - FY2021-Q3MaterialisedAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy entered an extremely difficult situation as personal consumption, corporate activity and other factors declined from the previous year due in part to the impact of COVID-19.」
The decline in personal consumption and corporate activity caused by the impact of COVID-19 has continued, and the company states that the difficult economic environment is continuing in practice. - FY2021-Q2MaterialisedAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy remains in an extremely difficult situation due to a substantial decline in corporate earnings and a downturn in personal consumption resulting from the spread of COVID-19.」
The substantial decline in corporate earnings and downturn in personal consumption caused by the spread of COVID-19 have continued, and the company states that the impact on economic activity is continuing in practice. - FY2021-Q1MaterialisedAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy entered an extremely difficult situation due to the rapid decline in personal consumption, corporate activity and other factors caused by the impact of COVID-19.」
The rapid decline in personal consumption and corporate activity caused by COVID-19 actually occurred and is described as the difficult economic environment during the quarter. - FY2020First statedAnnual report
「Steel demand has recently declined as economic activity in Japan and overseas has stagnated, which may adversely affect the performance of the group.」
The company identifies the stagnation of economic activity and the decline in steel demand caused by COVID-19, together with the impact on performance, as new risks. It has also implemented measures including working from home, staggered working hours and the establishment of a response headquarters.