Impact of COVID-19 on Business Operations, Performance and Liquidity
First written in FY2020. 7 of 10 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2020: 65 of 99 companies on the "Worse" side.
22 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual reportThe risk disclosures in this filing do not describe COVID-19 as an independent major risk.
- FY2023MitigatedAnnual report
「As moves to resume socioeconomic activity accelerate in response to COVID-19, the Group is also making progress in normalising business activities, including production, development, procurement and sales.」
The impact of COVID-19 on business, performance and liquidity remains a risk if infections expand again, but the filing states that business activities are progressing towards normalisation. - FY2022MitigatedAnnual report
「The spread of COVID-19 has affected production activities at production plants through restrictions on employees reporting to work and delays in the supply of components in the supply chain following the implementation of restrictions on movement in certain countries and regions. Dealerships have also suspended operations, reduced opening hours or scaled back inspection and repair services, but no significant impact on the Group's performance has occurred.」
Although the impact of the pandemic on production plants and dealerships continued, the filing states that no significant impact on the Group's performance had occurred during the fiscal year under review. - FY2022-Q2MitigatedAnnual report
「Although impacts on production activities at production sites, including those caused by restrictions on employees reporting to work and delays in parts supplies in the supply chain, as well as dealership closures, shortened business hours and reduced inspection and repair services, have occurred in connection with movement restrictions in some countries and regions, no material impact on the Group's results of operations has occurred.」
Although the impact of COVID-19 on production plants and dealerships continued, the filing states that no significant impact on the Group's performance had occurred as of the end of the second quarter cumulative period. - FY2022-Q1MitigatedAnnual report
「Although impacts on production activities at production sites, including those caused by restrictions on employees reporting to work and delays in parts supplies in the supply chain, as well as dealership closures, shortened business hours and reduced inspection and repair services, have occurred in connection with movement restrictions in some countries and regions, no material impact on the Group's results of operations has occurred.」
Although the impact of COVID-19 on production plants and dealerships continued, the filing states that no significant impact on the Group's performance had occurred as of the quarter-end. - FY2021MitigatedAnnual report
「At the end of the consolidated fiscal year, business activities had largely resumed, and no material business impact had occurred in major countries or regions.」
Although the pandemic caused production stoppages and reductions and dealership closures, the filing states that no significant business impact had occurred in major countries and regions as of the fiscal year-end. - FY2021-Q3MitigatedAnnual report
「As of the present time, business activities have largely resumed, and no material business impact has occurred in major countries or regions.」
Although production stoppages and reductions and dealership closures occurred as a result of COVID-19, business activities had largely resumed, and the filing states that no significant business impact had occurred in major countries and regions. - FY2021-Q2MitigatedAnnual report
「Following the implementation of restrictions on movement by governments in various countries, production at domestic and overseas plants was halted or reduced due to restrictions on employees reporting to work and delays in the supply of components in the supply chain. Some dealerships in Japan and overseas suspended operations, reduced opening hours or scaled back inspection and repair services. As of the present date, business activities are gradually resuming and the effects described above are trending downwards.」
The impact of COVID-19 continued to materialise through production stoppages and reductions, dealership closures and reduced operations, and a 25.2% decline in revenue across all businesses, but the impact was trending downwards as business activities resumed. - FY2021-Q1MaterialisedAnnual report
「During the first quarter cumulative period, the global economy slowed as COVID-19 spread, affecting the Group's performance. Following the implementation of restrictions on movement by governments in various countries, production at domestic and overseas plants was halted or reduced due to restrictions on employees reporting to work and delays in the supply of components in the supply chain. Some dealerships in Japan and overseas suspended operations, reduced opening hours or scaled back inspection and repair services. Consolidated revenue for the first quarter cumulative period was ¥2,123.7 billion, down 46.9% from the same period of the previous year due to declines across all businesses.」
The impact of COVID-19 continued to materialise during the quarter through production stoppages and reductions, dealership closures and a 46.9% decline in revenue across all businesses. - FY2020First statedAnnual report
「The spread of COVID-19 has adversely affected business and performance in the motorcycle, automobile, financial services, life creation and other businesses. Following the implementation of restrictions on movement by governments in various countries, production at domestic and overseas plants has been halted or reduced due to restrictions on employees reporting to work and delays in the supply of components in the supply chain.」
COVID-19 was described in detail for the first time as an independent risk, including production stoppages and reductions, dealership closures, customer credit risk, funding costs for financial services and the impact on liquidity. The filing also stated the dates on which plants in Wuhan, China and the United States were closed and reopened, and that cash and cash equivalents were equivalent to approximately 2.1 months of revenue.