Risk of economic deterioration and worsening borrower conditions due to the spread of infection
First written in FY2023-Q3. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 11 of 30 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In response to infectious-disease outbreaks, the Group has established business-continuity arrangements that take account of the health and safety of customers and employees, including working from home, staggered shifts, and temporary closure during lunchtime, depending on conditions.」
The company continues to describe the risk of economic and borrower deterioration during infectious-disease outbreaks, together with business-continuity measures such as working from home. - FY2023-Q3First statedAnnual report
「However, if the domestic and overseas economic outlook, real estate prices, stock prices, exchange rates, or the business conditions of the Group's borrowers fluctuate significantly due to heightened risks of infectious-disease spread or a prolonged period before containment, the Group's business performance and financial position may be adversely affected.」
The Group identifies as risks the effects on the economy, markets, and borrowers of the spread of infectious diseases and a prolonged period before containment.