Business and Supply Chain Risks Arising from the Spread of COVID-19
First written in FY2020. 4 of 10 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023SoftenedAnnual report
「The normalization of economic activity has begun as restrictions on movement related to COVID-19 have been eased and lifted. Although the impact on the group's financial position and operating results was limited, the group has determined that there will be no impact going forward.」
Regarding COVID-19, the disclosure was scaled back from describing actual impacts in prior fiscal years to stating that the impact on the financial position and operating results was limited in the current fiscal year and that no future impact was expected. - FY2023-Q2RestatedAnnual report
「The impact of COVID-19 on business performance remained limited.」
The company continues to recognize that the impact of COVID-19 on business performance remains limited. - FY2023-Q1RestatedAnnual report
「The impact of COVID-19 on business performance remained limited.」
The company explained that the impact of COVID-19 on business performance remained limited. - FY2022RestatedAnnual report
「In addition, the impact of COVID-19 on business performance remained limited during the current consolidated fiscal year.」
While the company explained that the impact of COVID-19 on business performance remained limited, the possibility of an adverse impact depending on supply chain and customer conditions remains an ongoing risk. - FY2022-Q1RestatedAnnual report
「The impact of COVID-19 on business performance remained limited.」
The company explained that the impact of COVID-19 on business performance remained limited. - FY2021MaterialisedAnnual report
「Although COVID-19 affected business performance in some regions during the current consolidated fiscal year, the overall impact was limited.」
The company explained that while the spread of COVID-19 had an actual impact on business performance in some regions, the overall impact was limited. - FY2021-Q3MaterialisedAnnual report
「In the construction safety equipment industry with which our group is involved, the impact of the spread of COVID-19 has had adverse effects, including the cancellation of events, the postponement or suspension of construction work, and a decline in private-sector capital investment.」
The company stated that the impact of the spread of COVID-19 on supply chains and customer conditions had actually resulted in event cancellations, construction delays and suspensions, and a decline in private-sector capital investment. - FY2021-Q2MaterialisedAnnual report
「In the construction safety equipment industry with which our group is involved, the spread of COVID-19 has had adverse effects, including the cancellation of events and the postponement or suspension of construction work.」
The company stated that the spread of COVID-19 had actually resulted in event cancellations and construction delays and suspensions. - FY2021-Q1MaterialisedAnnual report
「In the construction safety equipment industry in which the Group operates, infrastructure-aging countermeasure and disaster-prevention projects kept conditions firm. However, the spread of the novel coronavirus led to postponements and suspensions of construction in some regions, which had a minor impact on sales. The outlook remains unpredictable as the future impact cannot yet be determined.」
Regarding the possibility of deteriorating business performance through supply chain and customer conditions identified for FY2020, construction delays and suspensions occurred in some regions and had an actual, albeit limited, impact on sales. - FY2020First statedAnnual report
「Supplies of imported products from China and products handled by the company have not been significantly disrupted, but depending on the supply chain involving the group and the circumstances of its customers, there may be an adverse impact on business performance going forward.」
The company first identified the possibility of deteriorating business performance through supply chain and customer conditions as a standalone risk related to the spread of COVID-19. It explained that the impact on business performance for the current consolidated fiscal year was limited.