Risk of Global Business Activity and Supply-Chain Disruption Caused by COVID-19
First written in FY2020. 4 of 9 entries say "Worsened", first in FY2021-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023RestatedAnnual report
「There remains a risk that future outbreaks of COVID-19 or other infectious diseases could prevent normal business activities, but the company will use the infection-control measures established during the spread of COVID-19 to respond promptly and appropriately.」
The company continued to recognize the risk that infectious diseases could halt business activities and indicated a policy of using existing infection-control measures. - FY2023-Q1WorsenedAnnual report
「In China, city lockdowns were implemented in response to a resurgence of COVID-19, causing production stoppages and logistics disruptions.」
City lockdowns were implemented amid a resurgence of COVID-19 in China, resulting in actual production stoppages and logistics disruptions. - FY2022WorsenedAnnual report
「Although the impact of COVID-19 continued, the global economy remained generally on a recovery trend during the consolidated fiscal year, with restrictions and easing measures repeated across countries and regions. ... Uncertainty about the outlook increased due to the resurgence of COVID-19 in China and rising global inflation.」
Although the global economy was considered to be on a recovery trend, the impact of the disease continued, and uncertainty about the outlook intensified again due to its resurgence in China and inflation. - FY2022-Q3WorsenedAnnual report
「During the cumulative third quarter under review, the global economy generally remained on a recovery trend as measures to address the novel coronavirus disease progressed. However, uncertainty had begun to re-emerge recently due to the spread of variants and supply chain disruptions.」
The economy was considered to be on a recovery trend due to infection-control measures, but the business-environment risk related to the disease strengthened again because of the spread of variants and supply chain disruptions. - FY2022-Q1SoftenedAnnual report
「During the cumulative first quarter under review, the global economy generally remained on a recovery trend, supported by the wider availability of vaccines against the novel coronavirus disease and economic measures implemented by countries.」
With the global economy considered to be on a recovery trend against a backdrop of vaccine rollouts and economic measures, the wording describing the risk of global business disruption from COVID-19 was partially softened. - FY2021RestatedAnnual report
「At the same time, the novel coronavirus disease had not yet been brought under control, and new sources of concern emerged, including semiconductor shortages, soaring raw material prices, particularly for copper, and political instability in Myanmar.」
Although signs of a recovery in economic activity emerged, COVID-19 had not been brought under control, and uncertainty related to the disease continued. - FY2021-Q2RestatedAnnual report
「However, concerns over a prolonged US-China trade conflict and a resurgence of COVID-19 have made the outlook uncertain.」
Concerns over a resurgence of the disease and a prolonged US-China trade conflict continued, and uncertainty about the outlook persisted. - FY2021-Q1WorsenedAnnual report
「However, amid concerns over a prolonged US-China trade conflict and signs of a second wave of infections, the outlook has become uncertain.」
Concerns over a second wave of COVID-19 and a prolonged US-China trade conflict were identified, and uncertainty surrounding risks from the global spread of the virus persisted. - FY2020MaterialisedAnnual report
「Toward the end of the fiscal year, COVID-19 spread worldwide, bringing economic activity in all sectors to a standstill.」
The global spread of COVID-19 and the resulting stagnation in economic activity were disclosed independently for the first time as risks that had actually emerged in the business environment at the end of the fiscal year.