Risk of operational disruption from the spread of infection
First written in FY2022-Q3. 4 of 6 entries say "Mitigated", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2024: 7 of 36 companies on the "Worse" side.
66 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In addition, during the COVID-19 pandemic, the introduction of telework arrangements and “Online FP Consultation” minimized the impact, and we believe these measures will also effectively reduce risk in responding to other events.」
The explanation that telework arrangements and Online FP Consultation effectively reduce risk in response to restrictions on business activity caused by infectious diseases and other factors has been reaffirmed. - FY2023MitigatedAnnual report
「In addition, during the COVID-19 pandemic, the introduction of telework and “Online FP Consultation” minimized the impact, and we believe these measures will also effectively reduce risk in responding to other events.」
The effects of telework and Online FP Consultation continue to be described as risk-mitigation measures against the risk of fewer opportunities for meetings due to infectious diseases and other factors. - FY2023-Q2MitigatedAnnual report
「The reclassification of COVID-19 as a Category 5 infectious disease resulted in deemed hospitalisation being excluded from insurance benefit coverage」
The transition of COVID-19 to a Category 5 disease is described as an environmental change reducing the impact of the spread of infection on social and economic activity. - FY2023-Q1MitigatedAnnual report
「During the cumulative first-quarter period, Japan's economy was minimally affected by the eighth wave of COVID-19, which peaked at the end of 2022, as no restrictions on people's activities were imposed.」
Although the eighth wave occurred, the company states that the absence of restrictions on people's activities kept the impact on the economy to a minimum. - FY2022MitigatedAnnual report
「The company believes that this also functions effectively to reduce risks in responding to other events.」
The company explains that its telework environment and online financial-planner consultations limited the impact of the risk of fewer meetings caused by infectious disease outbreaks and other factors. - FY2022-Q3First statedAnnual report
「The spread of COVID-19 became pronounced in July 2022 during the seventh wave, but had no impact on our operations because our online financial-planner consultation service, introduced earlier, and our telework arrangements had become well established.」
Although the seventh wave of infections occurred, the company states that there was no impact on operations.