Business Continuity and Cash Flow Management Measures in Response to the COVID-19 Pandemic
First written in FY2021-Q1. 3 of 5 entries say "Restated". Latest entry: FY2022-Q2.
The whole theme swung hardest in 2024: 1 of 10 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「Under these uncertain conditions, the Group worked to strengthen and rationalize its production structure so that it could respond flexibly to fluctuations in demand.」
To address fluctuations in demand caused by infectious diseases and supply constraints, the company continues to strengthen and streamline its flexible production structure. - FY2021AdvancedAnnual report
「To prevent business activity from being disrupted by infections within the Group, we established a COVID-19 Response Committee chaired by the director responsible for the business continuity plan (BCP). The committee formulates the Daido Metal Group’s basic policy on COVID-19 infection control and issues specific response instructions to each site.」
The company established a COVID-19 Response Committee and formalised a structure for formulating the Group’s basic policy and issuing response instructions to each site. - FY2021-Q3RestatedAnnual report
「The Group took thorough measures to prevent infections with the novel coronavirus disease, including strengthening infection-prevention measures for employees, adjusted production in response to fluctuations in customer orders, and worked to maintain the supply chain. It also implemented measures including curbing investment in new equipment and undertook continuous Group-wide efforts to improve profitability and reduce fixed costs and expenses.」
In addition to infection prevention, production adjustments, supply-chain maintenance and restrictions on new equipment investment, the company continues initiatives to improve profitability and reduce fixed costs. - FY2021-Q2RestatedAnnual report
「To address declines in the production volumes of automakers and other companies caused by the spread of COVID-19, the Group has adjusted production volumes in each country, including temporarily suspending operations at factories.」
As a response to the pandemic, the company continues to adjust production volumes, including temporarily suspending operations at factories in each country. - FY2021-Q1First statedAnnual report
「Across the Group, we have taken thorough measures to prevent COVID-19 infections, adjusted production in response to fluctuations in customer orders, maintained the supply chain, and considered postponing or limiting investment in new equipment. We have also worked to secure liquidity on hand for Group-wide financing.」
The company presented infection-prevention measures, production adjustments, supply-chain maintenance, postponement or curtailment of capital expenditure, and liquidity preservation as an integrated set of business continuity measures in response to COVID-19.