Impact on operations from natural disasters, accidents and epidemics, etc.
First written in FY2016. 11 of 13 entries say "Materialised", first in FY2020. Latest entry: FY2023-Q2.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2023-Q2MaterialisedAnnual report
「Although the domestic market for in-flight entertainment equipment continued to be affected by COVID-19, performance remained firm as sales, primarily of maintenance services, accumulated.」
While the impact of the pandemic on the domestic market continued, sales centered on maintenance services remained firm. - FY2023-Q1MaterialisedAnnual report
「Although the domestic market for in-flight entertainment equipment remained sluggish due to the continuing impact of COVID-19, revenue increased year on year because shipments of other products to overseas customers remained strong.」
While the impact of the pandemic continued to be reflected in actual results as sluggish demand in Japan's in-flight entertainment equipment market, shipments to overseas customers were strong. - FY2022MaterialisedAnnual report
「Although sales of high-end audio equipment (ESOTERIC brand) were affected by repeated declarations of a state of emergency accompanying the spread of COVID-19, semiconductor shortages and supply chain disruptions, newly launched network-related products generated sales above expectations.」
The pandemic, semiconductor shortages and supply chain disruptions continued to affect the business, while the contribution to sales from new products was also noted. - FY2022-Q3MaterialisedAnnual report
「Despite headwinds including repeated declarations of a state of emergency accompanying the spread of COVID-19 and supply chain disruptions, newly launched network-related products generated sales above plan.」
It was noted that the declarations of a state of emergency accompanying the pandemic and supply chain disruptions continued to materialize as operational headwinds. - FY2022-Q2MaterialisedAnnual report
「Sales of high-end audio equipment (ESOTERIC brand) remained sluggish in the domestic market because repeated declarations of a state of emergency accompanying the spread of COVID-19 limited sales activities at specialty retailers. In overseas markets, however, demand remained strong in Asian markets, led by China, as well as in North America and Europe. Newly launched network-related products also made a significant contribution, resulting in a substantial overall increase in revenue.」
The effects of the pandemic and the declarations of a state of emergency continued to be reflected in actual results as limited sales activities at domestic specialty retailers and sluggish sales. - FY2022-Q1MaterialisedAnnual report
「Sales of high-end audio equipment (ESOTERIC brand) remained sluggish in the domestic market, as the declaration of a state of emergency accompanying the spread of COVID-19 reduced customer visits to specialty retailers.」
The operational and sales impact of the pandemic continued to materialize in actual results as fewer customers visited specialty retailers following the declaration of a state of emergency and domestic sales remained sluggish. - FY2021MaterialisedAnnual report
「Revenue and profit from aircraft-mounted recording and playback equipment declined as shipments to customers in Japan and overseas remained sluggish due to the impact of the COVID-19 pandemic.」
The operational and sales impact of the pandemic was reflected in sluggish shipments of aircraft-mounted recording and playback equipment to customers in Japan and overseas, as well as lower revenue and profit. - FY2021-Q3MaterialisedAnnual report
「Sales of aircraft-mounted recording and playback equipment declined because shipments to overseas customers were sluggish due to the impact of the COVID-19 pandemic, although contracted development and system installations for in-flight entertainment servers by domestic airlines remained firm.」
Sluggish shipments to overseas customers due to the spread of the pandemic continued to be reflected in lower revenue from the in-flight entertainment-related business. - FY2021-Q2MaterialisedAnnual report
「In the BtoB business, sales of professional recorders and players remained sluggish as the continuing COVID-19 pandemic caused delays in various equipment installation projects.」
The operational and sales impact of the pandemic continued to materialize as delays in equipment installation projects and sluggish sales of professional products. - FY2021-Q1MaterialisedAnnual report
「Sales of high-end audio equipment (ESOTERIC brand) temporarily declined in Japan and overseas in the early stages of the COVID-19 pandemic, as temporary store closures and city lockdowns had an impact. Sales subsequently recovered to levels in line with or above the same period of the previous year in all categories except large speakers in Japan, supported in part by demand from stay-at-home consumption, including the core SACD player and network player categories.」
The risk of operational impacts from epidemics and disasters materialized as temporary store closures, city lockdowns and declining sales. The recovery in some categories driven by stay-at-home consumption was also noted. - FY2020MaterialisedAnnual report
「The impact of the novel coronavirus became a new issue emerging from the fourth quarter onward in both the procurement of raw materials and products and sales, particularly in Europe and North America, and the Company recognizes that it will have medium- to long-term effects.」
A topic previously described as a general epidemic risk materialized as an actual procurement and sales issue caused by the novel coronavirus. - FY2017RestatedAnnual report
「Various disasters, including natural disasters such as earthquakes, man-made disasters such as terrorism, accidents and epidemics such as novel influenza, may affect the operations of the Group's facilities, information systems, employees and business partners.」
The risk of operating impacts from natural disasters, accidents, epidemics and other events was reiterated. - FY2016First statedAnnual report
「Various disasters, including natural disasters such as earthquakes, man-made disasters such as terrorism, accidents and epidemics such as novel influenza, may affect the operations of the Group's facilities, information systems, employees and business partners.」
The Group identifies the suspension of operations at, and difficulty restoring, facilities, information systems, personnel and business partners as risks.