Production Stoppages, Declining Orders and Deteriorating Business Performance Due to COVID-19
First written in FY2020. 6 of 13 entries say "Mitigated", first in FY2021-Q3. Latest entry: FY2025-H1.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the existing risk of production stoppages, declining orders and deteriorating performance due to COVID-19. - FY2023MitigatedAnnual report
「In the automotive industry, production is on a recovery trend, although the effects of reduced production due to semiconductor shortages and higher raw material prices continued.」
Production entered a recovery trend from the period when the impact of COVID-19 was most severe. Meanwhile, the effects of semiconductor shortages and higher raw material prices remain. - FY2023-Q3MaterialisedAnnual report
「Although production in the automotive industry is on a recovery trend, reduced production due to semiconductor shortages and higher raw material prices continued to have an impact, in addition to reduced production resulting from lockdowns in China.」
While production is on a recovery trend, semiconductor shortages, higher raw material prices and reduced production due to lockdowns in China continue, and the business impact related to COVID-19 remains evident. - FY2023-Q2MaterialisedAnnual report
「Although production in the automotive industry is on a recovery trend, reduced production due to semiconductor shortages and higher raw material prices continued to have an impact, in addition to reduced production resulting from lockdowns in China.」
Production and supply-side effects related to COVID-19, including reduced production due to lockdowns in China, are continuing to materialize. In addition, quantified is false and materialized is true. - FY2023-Q1WorsenedAnnual report
「In the automotive industry, reduced production due to semiconductor shortages and higher raw material prices continued to have an impact, in addition to reduced production resulting from lockdowns in China.」
The effects of reduced production due to the resurgence of infections and lockdowns in China continued, and the impact of infection-related risks on the business remains. - FY2022-Q3MitigatedAnnual report
「In the automotive industry, production of motorcycles and four-wheel vehicles recovered significantly in the first quarter compared with the same period of the previous year, when the impact of infectious diseases was substantial. However, the effects of production cuts caused by semiconductor shortages and surging raw-material prices continued.」
Although the effects of COVID-19 remain, motorcycle and automobile production recovered substantially year on year, it states. Meanwhile, the effects of supply shortages and higher raw material prices continue. - FY2022-Q2MitigatedAnnual report
「Although the industry was affected by the resurgence of infections and semiconductor shortages, motorcycle and automobile production recovered compared with the year-earlier period, when the impact of COVID-19 was significant.」
Although the effects of the resurgence of infections and other factors remain, motorcycle and automobile production recovered year on year, it states. - FY2022-Q1MitigatedAnnual report
「Although the automotive industry was affected by the resurgence of infections and semiconductor shortages, motorcycle and automobile production recovered substantially compared with the year-earlier period, when the impact of COVID-19 was particularly severe.」
Although the effects of the resurgence of infections and other factors remain, motorcycle and automobile production recovered substantially compared with the year-earlier period, it states. - FY2021MitigatedAnnual report
「The automotive industry faced extremely challenging conditions due in part to declining sales of motorcycles and automobiles in Japan and overseas and suspended production activity, but a recovery trend continued from the second quarter onward.」
The effects of declining sales and production stoppages due to COVID-19 remained throughout the fiscal year, but the recovery trend from the second quarter onward continued. - FY2021-Q3MitigatedAnnual report
「The automotive industry faced extremely challenging conditions due in part to declining sales of motorcycles and automobiles in Japan and overseas and suspended production activity, but a recovery trend continued from the second quarter onward.」
The decline in sales and production stoppages caused by COVID-19 have continued, but a recovery trend has continued from the second quarter onward, it states. - FY2021-Q2WorsenedAnnual report
「Under these circumstances, during the cumulative second quarter of the fiscal year, sales of clutches for motorcycles and automobiles declined, resulting in revenue of ¥59,324 million, down 33.0% year on year, and an operating loss of ¥277 million, compared with operating profit of ¥7,598 million in the same period of the previous year.」
Although a recovery trend was seen from the first quarter low, cumulative revenue was down 33.0% year on year and the operating loss was ¥277 million under the impact of COVID-19, indicating that the effects on business performance continue. - FY2021-Q1WorsenedAnnual report
「Against this backdrop, during the current first quarter of the consolidated fiscal year, sales of two-wheel and four-wheel vehicle clutches declined, and revenue was ¥18,700 million, down 56.9% year on year, while operating loss was ¥3,364 million, compared with operating profit of ¥3,697 million in the same period of the prior year.」
The effects of overseas lockdowns and restrictions on economic activity due to COVID-19 continued, with revenue down 56.9% year on year and operating income turning into an operating loss. - FY2020MaterialisedAnnual report
「The global spread of COVID-19 has caused production stoppages due to lockdowns at some of the Group's overseas subsidiaries, while sales have recently declined substantially both in Japan and overseas, resulting in a considerable impact on the Group.」
COVID-19 resulted in actual production stoppages at overseas subsidiaries and declining sales in Japan and overseas. The combined order backlog for motorcycles and automobiles was ¥4,268 million, equivalent to 28.4% of the year-earlier period.