Risk of production stoppages due to large-scale disasters and pandemics
First written in FY2016. 4 of 7 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2023-Q2.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2023-Q2MitigatedAnnual report
「In Japan, the seventh wave of COVID-19 has subsided, and the economic recovery led by domestic demand, including services consumption and capital investment, is continuing.」
The disclosure described the subsiding of the seventh wave and the domestic-demand-led economic recovery related to COVID-19, indicating that the impact of the spread of infections on economic activity had eased to some extent. - FY2023-Q1WorsenedAnnual report
「Although Japan's economy is recovering, led by capital investment by companies and personal consumption following the easing of restrictions on activities, concerns remain about an economic slowdown due to the spread of the seventh wave of COVID-19 and inflationary pressures associated with the weakening yen, and the situation requires continued monitoring.」
The spread of the seventh wave was explicitly identified as a new concern related to COVID-19. Concerns about an economic slowdown were reported alongside factors supporting the recovery of economic activity. - FY2022-Q3WorsenedAnnual report
「Although the spread of the Omicron variant of COVID-19 in countries around the world remains a concern, governments are gradually shifting their focus toward reopening economic activity, given progress in vaccinations and the prescription of treatments, particularly in developed countries, and the fact that many infected people experience relatively mild symptoms.」
The spread of the Omicron variant was explicitly identified as a new concern related to COVID-19. Progress in vaccinations and treatments, as well as moves to reopen economic activity, were also reported. - FY2021-Q3WorsenedAnnual report
「The outlook for containing the spread of COVID-19 remains uncertain, and there are concerns that its impact on the global economy may be prolonged.」
The disclosure stated that the impact of COVID-19 has extended beyond a temporary external risk and continues to affect demand, projects, and operations in the Aerospace, Vehicle, and Shipbuilding and Ocean Engineering segments. - FY2021-Q1MaterialisedAnnual report
「In both Japan and overseas, the global spread of COVID-19 has reduced demand for the transportation of people and goods, while supply chain disruptions and other factors have significantly slowed corporate activity worldwide, causing substantial adverse effects on the real economy.」
Previously, the economic impact of the spread of infectious diseases was reported as an external risk, but this quarter disclosed the actual impact on the business environment in the form of declining transportation demand, supply chain disruptions, and stagnating corporate activity. - FY2020-Q3WorsenedAnnual report
「Although the global economy continues to grow moderately overall, the outlook remains difficult to predict due to the course of future US-China trade negotiations and negotiations on a new trade agreement between the UK and the EU, the impact of the spread of the novel coronavirus on the economy, and developments in the Middle East. Continued close attention is required to downside risks to the global economy.」
The impact of the spread of the novel respiratory virus on the economy was explicitly identified as a new external risk related to major infectious diseases. - FY2016First statedAnnual report
「However, human and property damage caused by such disasters, as well as disruptions to materials and logistics, may significantly affect our Group's business activities, particularly production at our factories.」
The BCP, emergency contact system, inspections, and training are identified as countermeasures.