Suspension of Facility Operations Due to Natural Disasters and Infectious Diseases
First written in FY2020. 7 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2026RestatedAnnual report
「Our group operates childcare facilities primarily in the Tokyo metropolitan area. If users, employees or facility buildings are damaged by an earthquake, fire or other event, facility operations may become difficult, which may affect our group’s financial condition and performance.」
We continue to describe the risk that natural disasters and infectious diseases could make facility operations difficult, along with countermeasures such as disinfection. - FY2025RestatedAnnual report
「Our group operates childcare facilities primarily in the Tokyo metropolitan area. If users, employees or facility buildings are damaged by an earthquake, fire or other event, facility operations may become difficult, which may affect our group’s financial condition and performance.」
We continue to describe the risk that natural disasters and infectious diseases could make facility operations difficult, along with countermeasures such as disinfection. - FY2024-Q2RestatedAnnual report
「The confirmed amount of property insurance proceeds receivable for flood damage at childcare facilities has been recognized as insurance proceeds under extraordinary income.」
The recognition of insurance proceeds relating to flooding at a childcare facility was reiterated as comparative information. No new natural disaster was reported. - FY2023MaterialisedAnnual report
「The confirmed amount of property insurance proceeds receivable for flood damage at childcare facilities has been recognized as insurance proceeds under extraordinary income. Expenditures for restoration and other costs associated with the flooding of childcare facilities have been recognized as disaster-related losses under extraordinary losses.」
For flooding at a childcare facility, we recognized ¥45 million in insurance proceeds and ¥73 million in disaster-related losses, confirming the occurrence of a natural disaster risk in the fiscal year’s results. - FY2023-Q1MaterialisedAnnual report
「The confirmed amount of property insurance proceeds receivable for flood damage at childcare facilities has been recognized as insurance proceeds under extraordinary income. The estimated amount of expenditures for restoration and other costs associated with the flooding of childcare facilities has been recognized as an allowance for disaster-related losses under extraordinary losses.」
A childcare facility experienced flooding, and we recognized ¥45 million in insurance proceeds and ¥72 million in provision for disaster-related losses associated with restoration and other costs. - FY2022RestatedAnnual report
「If prolonged outbreaks of COVID-19 or other infectious diseases significantly restrict economic activity in a country or region, delays in construction related to opening new childcare facilities could lead to delays in obtaining permits and approvals from local governments and otherwise affect plans to open facilities.」
We continue to identify the effects of infectious diseases and natural disasters on facility operations, construction and permits and approvals as risks. - FY2022-Q3RestatedAnnual report
「There have been no material changes from the description in the annual securities report for the previous consolidated fiscal year regarding the assumptions concerning the impact of COVID-19.」
We stated that there had been no material changes in the previous year’s assumptions or risk assessment concerning the impact of COVID-19. - FY2022-Q1RestatedAnnual report
「There have been no material changes from the description in the annual securities report for the previous consolidated fiscal year regarding the assumptions concerning the impact of COVID-19.」
We stated that there had been no material changes in the previous year’s assumptions or risk assessment concerning the impact of COVID-19. - FY2021MitigatedAnnual report
「Our group’s plans to open facilities are generally progressing as scheduled. In addition, because our group’s revenue mainly consists of subsidies and other payments from local governments based on the number of children enrolled at each licensed childcare facility, we believe that the impact of COVID-19 on performance was limited as of the filing date of this document.」
Although the risks of infectious disease outbreaks, construction delays and delays in obtaining permits and approvals remain, we explained that plans to open facilities were generally proceeding as scheduled due to measures taken with local governments and that the impact on performance was limited. - FY2021-Q3RestatedAnnual report
「The situation concerning the impact of COVID-19 remains challenging, including the reissuance of a state of emergency covering certain regions in April 2021.」
We described the reissuance of a state of emergency and the continuing severity of the impact of infectious diseases. Meanwhile, we stated that there had been no material changes in business or other risks. - FY2021-Q2WorsenedAnnual report
「The situation concerning the impact of COVID-19 remains challenging, including the declaration of a state of emergency covering certain regions from 8 January 2021.」
We described the challenging external environment resulting from the resurgence of infections and declarations of a state of emergency. However, we stated that there had been no material changes in business or other risks and did not mention any suspension of facility operations. - FY2020First statedAnnual report
「If infectious diseases such as COVID-19, novel influenza or norovirus spread, facility operations may become difficult if many childcare workers, instructors and other staff members are absent.」
We identify absences due to infectious disease outbreaks, construction delays and delays in obtaining permits and approvals as risks. Meanwhile, we stated that, as of the filing date of this document, plans to open facilities were generally proceeding as scheduled and the effect on performance was limited.