Impact of COVID-19 on Operations, Demand and Performance
First written in FY2020. 5 of 10 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024The disclosure was reorganized from a focus on COVID-19 to general risks associated with large-scale infectious diseases and other outbreaks.Annual report
「(12) Impact of outbreaks of large-scale infectious diseases and other events The Group has implemented thorough hygiene controls to prevent the spread of large-scale infectious diseases such as COVID-19, and has adopted labor-management practices that permit and encourage flexible working arrangements, including working from home, flextime and staggered working hours.」
The infectious disease risk was reorganized from a description of the specific impact of COVID-19 to a discussion of economic restrictions and impacts on business activities arising generally from outbreaks of large-scale infectious diseases and other events. - FY2023-Q3RestatedAnnual report
「Regarding the impact of the spread of COVID-19 on the Group, there was no new additional information or material change during the third quarter of the current consolidated fiscal year to the information and other matters described in the annual securities report for the previous consolidated fiscal year.」
It was stated that there was no new additional information or material change to the information disclosed in the previous fiscal year's annual securities report regarding the impact of COVID-19. - FY2023-Q2RestatedAnnual report
「Impact of the spread of COVID-19 on our group There are no new additional developments or material changes to the information disclosed in the annual securities report for the previous fiscal year concerning the impact of the spread of COVID-19 during the six months ended September 30.」
It was stated that there was no new additional information or material change to the information disclosed in the previous fiscal year's annual securities report regarding the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「Regarding the impact of the spread of COVID-19 on the Group, there was no new additional information or material change during the first quarter of the current consolidated fiscal year to the information and other matters described in the annual securities report for the previous consolidated fiscal year.」
It was stated that there was no new additional information or material change to the information disclosed in the previous fiscal year's annual securities report regarding the impact of COVID-19. - FY2022-Q3WorsenedAnnual report
「During the nine months ended the third quarter of the current fiscal year, domestic and overseas demand for trucks and construction machinery was on a recovery trend, but supply constraints for parts due to the resurgence of COVID-19 and the global semiconductor shortage, among other factors, continued, leaving the outlook uncertain.」
While demand is on a recovery trend, a resurgence of COVID-19 infections was explicitly noted and continues, together with constraints on parts supplies, as a factor contributing to an uncertain outlook. - FY2022-Q2RestatedAnnual report
「Impact of the spread of COVID-19 on our group There are no new additional developments or material changes to the information disclosed in the annual securities report for the previous fiscal year concerning the impact of the spread of COVID-19 during the six months ended September 30.」
It was stated that there was no new additional information or material change to the information disclosed in the previous fiscal year's annual securities report regarding the impact of COVID-19. - FY2022-Q1RestatedAnnual report
「During the three months ended the first quarter of the current fiscal year, domestic and overseas demand for trucks and construction machinery was on a recovery trend from the third quarter of the previous fiscal year, but remained affected by the spread of COVID-19 and the global semiconductor shortage, among other factors.」
Although the impact of COVID-19 continues, demand has been described as being on a recovery trend since the third quarter of the previous fiscal year. Additional information states that there have been no material changes to the information disclosed in the previous fiscal year's annual securities report. - FY2021-Q2WorsenedAnnual report
「As a result of recording ¥1,673 million in COVID-19-related losses as extraordinary losses, among other factors, the quarterly net loss attributable to owners of the parent was ¥2,585 million.」
Extraordinary losses of ¥1,673 million were recorded for personnel expenses, depreciation and other costs during periods when some operations were suspended due to the spread of COVID-19, resulting in a quarterly net loss. - FY2021-Q1WorsenedAnnual report
「The automotive and construction machinery industries related to the Group's business were also forced to suspend operations and take other measures in Japan and overseas, significantly affecting production activities at all of the Group's locations.」
The spread of COVID-19 led to suspensions of operations and other measures in the automotive and construction machinery industries in Japan and overseas, significantly affecting production activities at all of the Group's locations. - FY2020First statedAnnual report
「Since the first quarter of fiscal 2020, we have adjusted operations at all of our domestic and overseas locations in response to customers' reviews of their operations following the spread of COVID-19, resulting in lower product sales. The timing of the end of the COVID-19 pandemic remains uncertain, and its spread could have a material impact on the Group's business performance and financial position, but it is currently difficult to reasonably estimate the amount of the impact.」
The impact of COVID-19, including operating adjustments and lower product sales at all domestic and overseas locations, was independently disclosed for the first time as a material risk for which the timing of containment and the amount of the impact are difficult to foresee.