Operational Disruptions Caused by Natural Disasters and Infectious Diseases
First written in FY2016. 5 of 14 entries say "Restated". Latest entry: FY2024-Q1.
Nippon Avionics moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 20 of 38 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's classification of COVID-19 under the Infectious Diseases Act was changed to Category 5, and signs of the normalization of socioeconomic activity and a gradual economic recovery were seen.」
The description changed to state that COVID-19 had been reclassified as Category 5 under the Infectious Diseases Act and that socioeconomic activity was moving toward normalization. The impact of the infectious disease on operations and economic activity had eased from the previous stage. - FY2023MitigatedAnnual report
「Regarding COVID-19, economic and social activity is moving toward normalization as a result of infectious disease measures, and the economy is expected to recover due to improvements in economic policy and overseas economies.」
Although the impact of the infectious disease on economic activity remains, the description changed to state that economic and social activity is moving toward normalization as a result of infectious disease measures. The BCP and response procedures for natural disasters and infectious diseases have continued. - FY2022MitigatedAnnual report
「Regarding COVID-19, economic and social activity is moving toward normalization as a result of infection-control measures, and the economy is expected to recover due to improvements in policy measures and overseas economies. However, the outlook is expected to remain uncertain due to concerns about the spread of variants and other factors.」
While concerns about variants remain as an infectious disease risk, the description noted expectations for the normalization of economic and social activity and an economic recovery, partially easing the previous wording about renewed spread and extreme uncertainty. - FY2022-Q3WorsenedAnnual report
「Although the difficult situation caused by COVID-19 gradually eased and signs of an economic recovery emerged, concerns about the impact of semiconductor shortages on various industries, soaring raw material prices, and the rapid spread of the Omicron variant of COVID-19 have caused uncertainty about the outlook to increase again.」
The description stated that, while the difficult situation caused by the infectious disease was easing, uncertainty about the outlook had increased again due to concerns about the rapid spread of the Omicron variant. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the Japanese economy showed signs of a gradual recovery, with overseas economies recovering and exports increasing, despite the extension of the state of emergency and implementation of priority preventive measures in response to the renewed spread of COVID-19 infections.」
While the impact of the renewed spread of the infectious disease, the state of emergency and other measures continued, a recovery in the economy against the backdrop of the recovery in overseas economies and increased exports was also described. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, exports showed an upward trend as overseas economies recovered, but the outlook remained extremely uncertain due to the impact of the state of emergency and priority preventive measures implemented in response to the renewed spread of COVID-19 infections.」
The description stated that the renewed spread of COVID-19 infections, the impact of the state of emergency and other measures on economic activity, and extremely high uncertainty about the outlook had continued. - FY2021WorsenedAnnual report
「During the current consolidated fiscal year, socioeconomic activity in Japan was restricted by the impact of COVID-19, and the economy deteriorated rapidly. Although signs of a recovery were seen due to the effects of various policies, the renewed spread of infections has become more serious, and the outlook remains extremely uncertain.」
In addition to the prolonged infectious disease, the description stated that the renewed spread of infections had become more serious and that uncertainty about the outlook was extremely high. The potential for disruptions to sales activities and parts procurement also continued to be noted. - FY2021-Q3WorsenedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the Japanese economy remained in a difficult situation due to the impact of COVID-19, although signs of a recovery were seen in some areas. Looking ahead, uncertainty has increased further due to the renewed spread of infections.」
The description changed to state that uncertainty about the outlook had increased further due to the renewed spread of COVID-19 infections. - FY2021-Q2RestatedAnnual report
「The business environment surrounding our corporate group remained one in which private-sector capital investment tended to be cautious due to the impact of COVID-19, although demand for capital investment related to 5G (fifth-generation mobile communications systems) and demand related to COVID-19 measures remained firm.」
Cautious private-sector capital investment due to the impact of the infectious disease has continued. Meanwhile, firm demand related to 5G and infectious disease measures has partly offset the impact. - FY2021-Q1MaterialisedAnnual report
「Although the spread of the infectious disease caused some delays in parts deliveries, we worked to strengthen our production system both to offset this impact and to increase supplies of products for which demand is expanding.」
The description stated that some delays in parts deliveries had actually occurred due to COVID-19. At the same time, the impact was being offset by increasing supplies of products with growing demand and strengthening the production system. - FY2020MaterialisedAnnual report
「The economy is slowing rapidly due to the impact of COVID-19, and the impact of the disease is expected to continue for some time, creating a risk of further economic deterioration.」
The description stated that COVID-19 had actually caused an economic slowdown and could disrupt sales activities and the procurement of parts. It also outlined responses including reviewing the BCP and introducing telework. - FY2018RestatedAnnual report
「Our corporate group has formulated a business continuity plan (BCP) in preparation for natural disasters such as major earthquakes and outbreaks of novel influenza, and is implementing measures including ensuring safety and confirming the safety of personnel, restoring operations promptly, and backing up management data in other regions.」
Continued to describe the risk of operational interruptions caused by natural disasters and infectious diseases, as well as BCP measures. - FY2017RestatedAnnual report
「Our corporate group has formulated a business continuity plan (BCP) in preparation for natural disasters such as major earthquakes and outbreaks of novel influenza, and is implementing measures including ensuring safety and confirming the safety of personnel, restoring operations promptly, and backing up management data in other regions.」
Continued to describe the risk of operational interruptions caused by natural disasters and infectious diseases, as well as BCP measures. - FY2016First statedAnnual report
「In preparation for natural disasters such as major earthquakes and outbreaks of novel influenza, we have formulated a business continuity plan (BCP) and are implementing measures including ensuring safety and confirming the safety of personnel, restoring operations promptly, and backing up management data in other regions.」
Although a BCP is in place, the potential for operational interruptions caused by damage to production sites, suppliers and logistics networks was described.