Demand and Operating Risks Arising from the Spread of COVID-19
First written in FY2020. 5 of 9 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025DroppedAnnual report
「The Group's risk management framework is described in “IV. Status of the Filing Company, 4. Corporate Governance, etc., (1) Overview of Corporate Governance.” Under this framework, we will address the following risks.」
In the filing's discussion of business and other risks and operating results, the spread of COVID-19 is not described as an independent demand or operating risk. - FY2023-Q3RestatedAnnual report
「In addition, if the impact of the spread of COVID-19 is further prolonged, it may affect the Group's financial position and operating results.」
We continue to state that the prolonged spread of COVID-19 may affect financial position and operating results. - FY2023-Q1RestatedAnnual report
「In addition, if the impact of the spread of COVID-19 is further prolonged, it may affect the Group's financial position and operating results.」
We continued to state that a further prolonged spread of COVID-19 may affect financial position and operating results. - FY2022-Q2RestatedAnnual report
「In addition, if the impact of the spread of COVID-19 is further prolonged, it may affect the Group's financial position and operating results.」
We continued to state that the prolonged spread of COVID-19 may affect financial position and operating results. - FY2022-Q1RestatedAnnual report
「In addition, the outlook for the demand environment remains uncertain, including concerns that the impact of the spread of COVID-19 may be further prolonged, and this may affect the Group's financial position and operating results.」
We continue to state that the spread of COVID-19 may be further prolonged and that the demand environment remains uncertain. - FY2021-Q3WorsenedAnnual report
「The Group initially assumed that the impact of COVID-19 would continue for a certain period during the fiscal year ended March 2021, but changed this assumption to one that the impact would continue for a certain period beyond the following consolidated fiscal year, although it would gradually recover, and is making accounting estimates, including the recoverability of deferred tax assets, on that basis.」
The assumption regarding the impact of COVID-19 was changed from the initial assumption that it would continue for a certain period during the fiscal year ended March 2021 to one that it would continue for a certain period beyond the following consolidated fiscal year. - FY2021-Q2RestatedAnnual report
「The demand environment has become extremely uncertain amid concerns over second and third waves of the spread of the novel coronavirus, creating the possibility of an impact on our group's financial position and operating results.」
We continue to state our concerns about second and third waves of COVID-19 and the extreme uncertainty surrounding the demand environment. - FY2021-Q1WorsenedAnnual report
「The demand environment has become extremely uncertain amid concerns over second and third waves of the spread of the novel coronavirus, creating the possibility of an impact on our group's financial position and operating results.」
We stated that, as the sharp decline in demand and operating impacts caused by the spread of COVID-19 continued, there were concerns about second and third waves and the potential impact on financial position and operating results. - FY2020First statedAnnual report
「The spread of the novel coronavirus, which is continuing worldwide, has had a major impact on domestic and overseas economies, and the demand environment for our group is deteriorating rapidly. The sharp decline in automotive and construction machinery production worldwide, factory shutdowns and other factors have had a major impact on our group's automotive and industrial machinery parts businesses. In the steel business, the demand environment has also become extremely uncertain due to construction delays, factory shutdowns in the manufacturing sector and other factors.」
The sharp decline in demand, lower production, factory shutdowns and construction delays caused by the spread of the novel coronavirus were described as new risks, with impacts already emerging in the automotive and industrial machinery parts businesses and other operations.