Business Continuity Measures for COVID-19
First written in FY2020. 2 of 5 entries say "Mitigated", first in FY2021. Latest entry: FY2023.
The whole theme swung hardest in 2026: 1 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「In fiscal 2022, strict zero-COVID policies implemented by the Chinese government resulted in some NIDEC plants suspending operations or experiencing lower operating rates, but operations had recovered as of the date of this disclosure.」
Operations were suspended or curtailed due to lockdowns in China, but the company stated that they had recovered as of the date of disclosure. - FY2022RestatedAnnual report
「There had previously been overseas factories where operations were temporarily suspended or curtailed due to the spread of infection, but operations had recovered as of the date of this disclosure.」
The company disclosed the establishment of a crisis management task force and the recovery of factory operations, while leaving open the possibility of a recurrence due to variant strains or lockdowns in China. - FY2022-Q2AdvancedAnnual report
「Impact of temporary costs and other items arising from the emergency change in production location」
As part of its business continuity response to the prolonged lockdown at its Southeast Asian manufacturing sites, the company made an emergency change in production location. It also recognized temporary costs associated with this response. - FY2021MitigatedAnnual report
「As a business-continuity measure, NIDEC established a crisis management headquarters in mid-January 2020 and has taken measures to minimize the impact on its business while ensuring employee safety.」
A crisis management task force has been established, and recovery from the decline in factory operations and business continuity measures are underway. - FY2020First statedAnnual report
「As business-continuity measures, NIDEC established a crisis management headquarters and launched an information-sharing website for the novel coronavirus, thereby building an information-sharing structure linking all business sites. It has also adopted a policy of generally prohibiting travel to and entry from countries and regions with a high risk of infection.」
In response to the impact of COVID-19 on its business and supply chain, the company introduced a crisis management headquarters, an information-sharing website, travel restrictions, infection-prevention measures and working from home.