Risk of declining demand, delayed orders and extended delivery times due to COVID-19
First written in FY2020. 3 of 11 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 102 of 175 companies on the "Worse" side.
- FY2023MitigatedAnnual report
「Although demand declines observed in some segments due to the effects of COVID-19 have largely recovered, no material impact has been observed on the consolidated results for the fiscal year.」
The company explained that demand declines in some segments had largely recovered and had not had a material impact on results for the fiscal year. - FY2023-Q3MitigatedAnnual report
「Although demand declines observed in some segments due to the effects of COVID-19 have been recovering, no material impact has been observed on the consolidated results for the cumulative third quarter period.」
The company explained that demand declines in some segments had been recovering and had not had a material impact on results for the cumulative third quarter period. - FY2023-Q2MitigatedAnnual report
「Although demand declines observed in some segments due to the effects of COVID-19 have been recovering, no material impact has been observed on the consolidated results for the cumulative second quarter period.」
The company explained that demand declines in some segments had been recovering and had not had a material impact on results for the cumulative second quarter period. - FY2023-Q1Signs of demand recovery and concerns over a resurgence of infectionsAnnual report
「Although signs of recovery have emerged in demand declines observed in some segments due to the effects of COVID-19, the situation remains uncertain because of the risk of a resurgence of infections.」
Although signs of recovery have emerged in demand declines in some segments, uncertainty due to a resurgence of infections continues. - FY2022-Q3MaterialisedAnnual report
「In addition, amid uncertainty over the outlook caused by COVID-19, some effects have been observed, including declining willingness to make capital investments and delays to plans. The situation also requires attention going forward due to rising prices for equipment and materials, particularly steel.」
The company stated that declining willingness to invest in equipment and postponed plans had actually occurred in some areas, indicating that infection-related risks had emerged in its business activities. - FY2022-Q2RestatedAnnual report
「However, if the situation surrounding COVID-19 becomes more serious than before, there may be effects such as a decline in new orders due to weaker demand and order postponements, and a decline in revenue due to extensions of delivery schedules for orders already received.」
The company continues to disclose the risks of weaker demand, fewer new orders, extended delivery schedules and lower revenue if the infection becomes more serious. - FY2022-Q1MaterialisedAnnual report
「Although some signs of declining willingness to invest in equipment and the postponement of plans were observed due to uncertainty about the outlook caused by COVID-19, business conditions overall have remained firm, and no material impact has been observed on the consolidated results for the cumulative first quarter period.」
The company stated that the effects of declining willingness to invest in equipment and postponed plans had actually emerged in some areas, while explaining that there had been no material impact on overall results. - FY2021-Q3RestatedAnnual report
「Although some signs of declining willingness to invest in equipment were observed due to uncertainty about the outlook caused by COVID-19, no material impact has been observed on the consolidated results for the cumulative third quarter period.」
Although some signs of declining willingness to invest in equipment were observed, the assessment remains that there has been no material impact on results for the cumulative third quarter period. - FY2021-Q2RestatedAnnual report
「Although some signs of declining appetite for capital investment were observed amid uncertainty over the outlook due to COVID-19, no material impact was seen on business results during the cumulative second quarter of the current consolidated fiscal year.」
Although some signs of declining appetite for capital investment were observed, the assessment that there was no material impact on business results during the cumulative second quarter remains unchanged. - FY2021-Q1Limited impact to date, with risks continuingAnnual report
「Although some signs of declining appetite for capital investment were observed amid uncertainty over the outlook due to COVID-19, no material impact was seen on business results during the cumulative first quarter of the current consolidated fiscal year. However, if the impact of COVID-19 becomes more serious than before, the Company may be affected by a decline in new orders due to falling demand and delayed orders, as well as lower sales due to extended delivery times for orders already received.」
Although some signs of declining appetite for capital investment were observed, the Company explained that there was no material impact on business results during the first quarter. At the same time, the risks of declining demand, delayed orders and extended delivery times if the pandemic worsens further continue. - FY2020First statedAnnual report
「The COVID-19 pandemic has continued to spread worldwide, and concern remains over a resurgence of infections in Japan and the prolonged impact on society and the economy. If infections resurge in Japan and the situation becomes more serious than before, the Company may be affected by a decline in new orders due to falling demand and delayed orders, as well as lower sales due to extended delivery times for orders already received.」
COVID-19 was disclosed independently as a major risk for the first time, indicating the possibility of declining demand, fewer new orders, extended delivery times and lower sales.