Global Spread of COVID-19
First written in FY2020. 6 of 10 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2023.
The whole theme swung hardest in 2020: 88 of 125 companies on the "Worse" side.
37 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「Although the impact of COVID-19 is gradually declining, the possibility of a renewed spread of infections still exists.」
While it was explained that the impact of the infectious disease had declined, the possibility of a renewed spread of infections remains. - FY2023-Q3RestatedAnnual report
「There were no material changes to the assumptions described in the Additional Information section of the prior consolidated annual securities report, including assumptions regarding how COVID-19 would spread and when it would end.」
The company states that there have been no material changes to the assumptions used in accounting estimates concerning novel coronavirus disease. - FY2023-Q1RestatedAnnual report
「There were no material changes to the assumptions described in the Additional Information section of the prior consolidated annual securities report, including assumptions regarding how COVID-19 would spread and when it would end.」
The company states that there have been no material changes to the assumptions used in accounting estimates concerning novel coronavirus disease. - FY2022-Q3MitigatedAnnual report
「As the severe conditions caused by COVID-19 eased, consumption recovered, economic activity progressed in each country, and growth in demand in the semiconductor market continued.」
It was explained that the impact of COVID-19 on economic activity had eased, while consumption, economic activity in each country and semiconductor market demand had recovered. - FY2022-Q1MitigatedAnnual report
「During the first-quarter cumulative period, the operating environment saw a continued recovery in China and increases in personal consumption and capital investment in the United States, among other factors. As a result, the global semiconductor market remained buoyant, and steady signs of economic recovery from COVID-19 emerged.」
Despite the continuing impact of COVID-19, a recovery in economic activity in China and the United States and continued strength in the semiconductor market were indicated. - FY2021MitigatedAnnual report
「Accounting estimates, including the recoverability of deferred tax assets and impairment accounting for fixed assets, are made on the assumption that the impact of COVID-19 will be limited.」
Although the risk from infectious diseases remains, the Company assumed that the impact would be limited, based on a recovery in economic activity and the semiconductor market. - FY2021-Q3MitigatedAnnual report
「Although the global economic stagnation caused by the spread of COVID-19 infections affected the first half, business sentiment began to recover in the second half as economic activity resumed in developed countries in Europe and the US, led by China, where production and consumption activity recovered at an early stage.」
Following the economic stagnation caused by COVID-19 in the first half, economic reopening and a recovery in business sentiment, particularly in China, Europe and the United States, were indicated in the second half. - FY2021-Q2MitigatedAnnual report
「Although signs of a recovery in global business sentiment are emerging, it is still impossible to clearly foresee when COVID-19 will subside, and there remain concerns about the possibility of a renewed spread of infections.」
Signs of economic reopening and a recovery in business sentiment were indicated, and the risk was partly mitigated, but uncertainty over when the pandemic will subside and the possibility of a renewed spread of infections remain. - FY2021-Q1WorsenedAnnual report
「The operating environment during the cumulative first quarter under review remained challenging as COVID-19 continued to spread worldwide, with no clear outlook for containment and growing concerns that the economic downturn and deteriorating market conditions would be prolonged.」
The continuing global spread of COVID-19, the inability to foresee when it will subside, and concerns over a prolonged economic downturn and deterioration in market conditions were disclosed. - FY2020First statedAnnual report
「The Group manufactures and sells products in Japan and in countries and regions overseas. In each of these regions, there is a risk that the economy may be adversely affected by the spread of infectious diseases, including COVID-19.」
The global spread of COVID-19 was identified for the first time as an independent risk that could affect economic activity, business performance and financial condition in each region.