Impact of COVID-19 on Business Operations
First written in FY2022-Q1. 2 of 5 entries say "Mitigated", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024ReframedAnnual report
「When an infectious disease spreads, the Group uses measures including telework (working from home), web conferences and internal chat tools, and continues to use them. It has established a structure that enables business continuity even if an infectious disease spreads in the future.」
The discussion has been broadened from a focus on COVID-19 to an explanation of a business-continuity structure covering infectious diseases generally. - FY2023MitigatedAnnual report
「When COVID-19 spread, the Group introduced measures including telework (working from home), web conferences and internal chat tools, and continues to use them. It has established a structure that enables business continuity even if an infectious disease caused by a new virus spreads in the future.」
The disclosure states that the Group continues to use telework, web conferences and internal chat tools in response to infectious diseases and has a business-continuity structure in place. However, the possibility of operating suspensions and other impacts during an outbreak remains. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the notes to the previous fiscal year's securities report, including assumptions concerning the future spread of COVID-19 and the timing of its containment.」
The disclosure states that there have been no material changes to the assumptions underlying the accounting estimates related to COVID-19. - FY2022MitigatedAnnual report
「The Group is implementing workplace reforms based on measures including thorough infection-prevention protocols in accordance with government guidelines, the use of telework (working from home), and the promotion of web conferences and internal chat tools. However, if the impact of COVID-19 makes business operations difficult, including through the suspension of factory operations, or if stagnation in domestic and overseas economies persists, the Group's financial results and financial position could be affected.」
The disclosure describes measures using infection-prevention protocols, telework, web conferences and internal chat tools, while acknowledging the possibility of impacts including operating suspensions. - FY2022-Q1First statedAnnual report
「Economic conditions have deteriorated due to the impact of the novel coronavirus, and difficult conditions are expected to continue for the time being.」
The current deterioration in economic conditions is described, with the impact of prolonged operating suspensions and economic stagnation identified as risks.