Impact of COVID-19 on Factory Operations, Delivery Schedules and Costs
First written in FY2020. 2 of 6 entries say "Mitigated", first in FY2021-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023RestatedAnnual report
「Specifically, the company introduced thorough hygiene controls, use of web conferencing systems, working from home, staggered commuting and rotating shifts.」
Hygiene controls, web conferencing, working from home, staggered commuting and rotating shifts were identified as measures already implemented to maintain business continuity during the spread of infectious disease. - FY2023-Q1MaterialisedAnnual report
「Because the main production site for the mounting equipment business is located in Suzhou, China, the lockdown in the Shanghai area following a resurgence of COVID-19 caused impacts including the postponement of some deliveries.」
The lockdown in the Shanghai area actually postponed some deliveries of mounting equipment. - FY2021MitigatedAnnual report
「Factories in China, Malaysia, Mexico and other countries that had suspended operations in accordance with government guidelines were operating normally in almost all cases as of the date of submission of the annual securities report.」
Although almost all factories that had temporarily suspended operations returned to normal operations, the risk remains that renewed activity restrictions or operating suspensions could affect procurement, delivery schedules and costs. - FY2021-Q2RestatedAnnual report
「Under these circumstances, the group's offices and factories complied with guidelines issued by the governments and local authorities in the countries where they operate. They also introduced various measures, including telework, rotating shifts, staggered working hours, replacing domestic and overseas business trips with web conferencing, decentralized work in offices, and the installation of partitions, while pursuing both infection prevention and business continuity.」
Measures covering work arrangements, business travel, meetings and the office environment continued in response to the impact of the spread of infection on business activities. - FY2021-Q1MitigatedAnnual report
「Under these circumstances, the group's offices and factories complied with guidelines issued by the governments and local authorities in the countries where they operate. They also introduced various measures, including telework, rotating shifts, staggered working hours, replacing domestic and overseas business trips with web conferencing, decentralized work in offices, and the installation of partitions, while pursuing both infection prevention and business continuity.」
Measures including telework, rotating shifts, staggered working hours, web conferencing, decentralized work and the installation of partitions were implemented to address the operation of factories and offices during the spread of infection. - FY2020First statedAnnual report
「However, if the spread of infection leads the Japanese or other governments to once again impose activity restrictions or orders to suspend operations, the group or its business partners may be unable to conduct necessary business and production activities. This could make it difficult to procure raw materials and manufacture products, cause delivery delays and higher costs due to changes in production sites, and postpone deliveries of products and equipment if customers' factories are closed.」
The potential effects of activity restrictions and factory shutdowns on procurement, production, delivery schedules, costs and deliveries to customers' factories were identified.