Renewed Spread of Infections Driven by New Variants and the Impact on Economic Activity
First written in FY2022-Q1. 2 of 8 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025RestatedAnnual report
「If an infectious disease pandemic occurs, it may become difficult to continue business activities such as development, manufacturing, sales, procurement and maintenance, potentially affecting the performance and financial position of our group」
The risk disclosure concerning difficulty continuing business operations due to an infectious disease pandemic remains in place. - FY2024RestatedAnnual report
「If an infectious disease pandemic occurs, it may become difficult to continue business activities such as development, manufacturing, sales, procurement and maintenance, potentially affecting the performance and financial position of our group.」
The general risk disclosure concerning difficulty continuing business operations due to infectious diseases remains in place. - FY2023ReframedAnnual report
「If an infectious disease pandemic occurs, it may become difficult to continue business activities such as development, manufacturing, sales, procurement and maintenance, potentially affecting the performance and financial position of our group.」
The description shifted from the impact of variant strains on economic activity to the general risk of difficulty continuing business operations in the event of a pandemic. - FY2023-Q3MitigatedAnnual report
「During the third-quarter cumulative period, the global economy continued to recover gradually as demand increased following the shift away from zero-COVID policies in various countries. However, persistently high inflation and continued monetary tightening by central banks led to financial instability in Europe and the United States, heightening concerns about an economic downturn.」
The disclosure described increased demand and an economic recovery following the shift away from zero-COVID policies in various countries, rather than the impact of the spread of the new coronavirus or activity restrictions on economic activity. - FY2023-Q1MaterialisedAnnual report
「In addition to declining new capital investment, sales were affected by after-sales service projects slipping into later periods because measures to contain the new coronavirus led to work schedules being reviewed and delayed.」
The impact of measures to contain the new coronavirus materialized in the form of work schedules being reviewed and delayed, and sales from after-sales service projects being carried forward. - FY2022-Q3WorsenedAnnual report
「Against this favorable business environment, orders have remained firm, but the impact of the spread of the new coronavirus on sales has again intensified, including through tighter restrictions on activities and logistics disruptions.」
Tighter restrictions on activities and logistics disruptions associated with the spread of infections intensified again, and the impact on sales became apparent despite orders. - FY2022-Q2MaterialisedAnnual report
「Meanwhile, Japan's economy recovered more slowly than those of other advanced economies because intermittent outbreaks of the new coronavirus prolonged restrictions on activities.」
The actual situation was described as a delayed recovery in the domestic economy caused by the spread of infections and prolonged restrictions on activities, rather than merely the previous concern about renewed infections. - FY2022-Q1First statedAnnual report
「As the spread of new coronavirus vaccines eased restrictions on activities, the economy continued to recover despite concerns about a renewed spread of infections caused by variants.」
The disclosure recognizes the recovery driven by vaccine uptake while identifying the renewed spread of infections caused by variants as an external risk.