Temporary plant closures and use of employment adjustment subsidies in response to lower demand
First written in FY2021-Q1. 3 of 7 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2025-H1.
The whole theme swung hardest in 2022: 1 of 11 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Under these operating conditions, demand for durable consumer goods such as gas water heaters declined, so サンエツ金属株式会社, a wholly owned subsidiary, established temporary closure days and adjusted production.」
The filing reconfirms that, in response to weak demand for durable consumer goods, サンエツ金属 established temporary closure days and adjusted production. - FY2024-Q3RestatedAnnual report
「Under these operating conditions, demand for copper products declined, so サンエツ金属株式会社, a wholly owned subsidiary, established temporary closure days and adjusted production.」
The filing reconfirms that, in response to weak demand for copper products, サンエツ金属 established temporary closure days and adjusted production. - FY2024-Q2AdvancedAnnual report
「Under these operating conditions, demand for copper products declined, so サンエツ金属株式会社, a wholly owned subsidiary, established temporary closure days and adjusted production.」
In response to weak demand for copper products, サンエツ金属 established temporary closure days and adjusted production. The filing indicates that a similar response described previously was implemented again during this period of weak demand. - FY2022DroppedAnnual report
「Against this operating backdrop, the Group conducted workplace vaccinations for employees 3 times to mitigate the risk of production disruptions caused by an infectious disease cluster.」
The use of temporary closure days and employment adjustment subsidies in response to lower demand, which had been disclosed previously, is not described in the current filing, and the description of infection-control measures has changed to workplace vaccination. - FY2021AdvancedAnnual report
「Because demand temporarily declined last summer, the Group established temporary closure days and received employment adjustment subsidies, but returned to normal operations by the end of the previous year.」
The filing showed that, after establishing temporary closure days and receiving employment adjustment subsidies in response to lower demand, the Group returned to normal operations by the end of the previous year. - FY2021-Q3AdvancedAnnual report
「The Group established temporary days off and received employment adjustment subsidies because demand had declined, but returned to normal operations at the end of last year.」
The filing showed that, in response to lower demand, the Group established temporary closure days and received employment adjustment subsidies, then returned to normal operations by the end of the previous year. - FY2021-Q1First statedAnnual report
「In response to lower demand, the Group established temporary closure days and received employment adjustment subsidies.」
The filing describes for the first time the specific response of establishing temporary closure days and receiving employment adjustment subsidies in response to lower demand caused by the spread of COVID-19.