Impact of the spread of the novel pneumonia on logistics, production and the global economy
First written in FY2020-Q3. 4 of 9 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2023-Q3.
Yamashin-Filter Corp. moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
0 other companies' latest entry also says "Materialised".
- FY2023-Q3MaterialisedAnnual report
「Meanwhile, the Company's sales declined during the nine-month period ended 31 December due to the impact of lockdowns in the Chinese market and other factors.」
The lockdowns in the Chinese market associated with the spread of COVID-19 have continued to materialize in the form of lower sales in the construction machinery filter business. - FY2023-Q1MaterialisedAnnual report
「Against this backdrop, in our group’s main business, the construction machinery filter business, operating hours of construction machinery and demand for new machinery remained firm in major regions including Japan, North America, Europe and Asia. However, our sales declined during the first quarter of the current consolidated fiscal year due to the impact of lockdowns in the Chinese market.」
The lockdowns in China associated with the spread of COVID-19 had an actual impact in the form of lower sales in the construction machinery filter business. - FY2022RestatedAnnual report
「However, this infectious disease is an event with a broad impact on the economy and corporate activities, and it is difficult to predict how it will spread or when it will subside.」
While production activities continue, the company continues to identify as risks the uncertainty surrounding the spread of COVID-19 and the timing of its subsidence. - FY2022-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, economic activity resumed in various countries as vaccination progressed, but the global economy remained in an uncertain situation with no clear outlook, amid concerns about a renewed spread of COVID-19 infections.」
The company continues to describe the uncertain outlook, noting both the reopening of economic activity and concerns about a renewed spread of COVID-19 infections. - FY2021-Q3MaterialisedAnnual report
「However, transport costs surged due to the impact of the container shortage occurring worldwide as a result of the COVID-19 pandemic, and air freight costs for procuring materials and meeting delivery deadlines for customers continued to be incurred.」
The logistics disruption associated with COVID-19 materialized in the form of container shortages and surging transport costs, while air freight costs for materials procurement and delivery arrangements continued to be incurred. - FY2021-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, the global economy remained in an uncertain situation with no clear outlook. Although economic activity in countries that had stagnated due to the spread of COVID-19 began to move toward reopening, signs of a second and third wave of infections were again emerging.」
The company continues to describe the uncertainty caused by signs of second and third waves of infection, while noting both the reopening of economic activity and declining demand in its major markets. - FY2021-Q1WorsenedAnnual report
「In the construction equipment market for the construction equipment filter business, the Group's core business, production activities and supply chains of major customers were significantly affected by lockdowns implemented in various countries from March 2020 onward, and demand declined in the Japanese, US, European and Asian markets.」
The impact of COVID-19 has expanded from its initial effect on logistics and production in China and neighboring countries to significant effects on production activities and supply chains at major customers as a result of lockdowns in various countries, as well as declining demand in multiple regions. - FY2020WorsenedAnnual report
「The construction machinery market, centered on hydraulic excavators and representing our group’s main market, is facing concerns over a prolonged economic downturn as the spread of COVID-19 has stalled economic activity in countries around the world. In the construction machinery market served by our group’s main business, the construction machinery filter business, production activities and supply chains at major customers have also been significantly affected by lockdowns associated with emergency declarations in various countries.」
The impact of the spread of COVID-19 has expanded from its initial effect on logistics and production in China and neighboring countries to lockdowns in various countries and significant effects on production activities and supply chains at major customers. - FY2020-Q3MaterialisedAnnual report
「In addition, the rapid spread of the novel pneumonia since December 2019 has begun to affect logistics and production not only in China but also in neighboring countries, as shown by the Chinese government’s announcement of an extended Lunar New Year holiday. Depending on developments, there are concerns that it may also affect the global economy.」
The company has described as a new risk the situation in which the rapid spread of the novel pneumonia has begun to affect logistics and production in China and neighboring countries, with concerns that it may also affect the global economy.