Impact of the COVID-19 Pandemic on Business Continuity, Demand and the Supply Chain

「Following the downgrading of COVID-19 under the infectious disease classification system, various activity restrictions were almost entirely lifted, and domestic demand, including personal consumption and capital investment, showed a stronger recovery across a wide range of sectors.」

「当社グループを取り巻く事業環境は新型コロナウイルス感染症の影響による世界経済の混乱は概ね収束しましたが、ロシア・ウクライナ情勢などの海外情勢に起因するエネルギー及び金属資源の高騰や為替相場の変動は、引き続き生産活動及び業績へ影響を与えるものと考えられます。」

「Moves toward normalizing economic activity after COVID-19 have accelerated, but sharp currency fluctuations and rising energy prices resulting from higher interest rates under U.S. inflation-control measures and the prolonged situation in Ukraine are a concern as factors that could cause an economic slowdown.」

「当社グループを取り巻く事業環境は、新型コロナウイルス感染症の影響による局所的なロックダウン等の発生によるサプライチェーン全体への影響や感染の再拡大に対する懸念が残りつつも、経済活動の正常化に向けて動き出していることから、全世界的に経済が停滞するリスクは低減してきております。」

「Meanwhile, as the resumption of socioeconomic activity in anticipation of the post-COVID period gradually progresses, the impact of economic activity on the Group has become somewhat more predictable.」

「Although concerns about a global resurgence of COVID-19 remain, moves toward normalizing economic activity are gradually gaining momentum in the business environment surrounding the Group.」

「During the cumulative first 2 quarters of the current consolidated fiscal year, the Japanese economy's recovery slowed due to the impact of renewed COVID-19 infections.」

「当社グループを取り巻く事業環境は、新型コロナウイルス感染症の感染再拡大への懸念は未だ強いものの、急激な状況悪化のリスクは世界的なワクチン接種の進行などにより徐々に低減され、欧米を中心として経済活動の正常化に向けた動きが活発化してきております。」

「The business environment surrounding the Group remains affected by the disruption to the global economy caused by COVID-19, which became apparent at the beginning of 2020 and has yet to be brought under control. Geopolitical risks also exist in various parts of the world.」

「Overseas, the reopening of economic activity has proceeded unevenly, with reports of renewed infections and the emergence of variants, particularly in Europe and the United States.」

「The business environment surrounding the Group remains highly unstable because it continues to be affected by COVID-19 and the timing of its resolution remains unclear.」

「The business environment surrounding the Group has been affected by COVID-19, which became apparent at the beginning of the year, causing the global economy to slow sharply for a time, and the timing of its resolution remains unforeseeable.」

「Specifically, in an abnormal event on the scale of a pandemic such as COVID-19, business continuity itself could become difficult due to disruptions including customers halting receipt of products and suppliers suspending shipments as a result of city or regional lockdowns, worsening employee attendance because of transportation difficulties and responses by local governments, and severe logistics backlogs.」