Risk of the spread of COVID-19 affecting business activities and performance
First written in FY2020. 4 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023DroppedAnnual reportThe section on business and other risks for the fiscal year contains no separate description of the risk that the spread of COVID-19 would affect business activities and operating results.
- FY2022RestatedAnnual report
「The spread of COVID-19 may affect our business activities and operating results if economic activity stagnates for an extended period to prevent the spread of infection, or if the infection spreads to all officers and employees.」
The risk of COVID-19 affecting business activities and operating results through its prolonged impact and infection among all officers and employees continued to be documented. - FY2022-Q2RestatedAnnual report
「During the cumulative first 6 months of the current fiscal year, Japan’s economy, which had continued to show signs of recovery, slowed, centered on personal consumption, as the Omicron variant of COVID-19 spread.」
The impact of COVID-19 on the business environment continued to be documented as an economic slowdown centered on personal consumption accompanying the spread of the Omicron variant. - FY2021-Q3RestatedAnnual report
「During the cumulative third-quarter period, Japan's economy continued to recover from the COVID-19 pandemic, despite the continuing difficulties caused by restrictions on economic activity accompanying declarations of a state of emergency. This included increased willingness to invest in capital equipment in anticipation of an economic recovery as vaccinations progressed.」
It was stated that, although restrictions on economic activity due to the declaration of a state of emergency and the difficulties caused by the impact of COVID-19 remained, the economy continued to recover, supported by progress in vaccinations and other factors. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, Japan's economy faced certain restrictions on economic activity following the declaration of a second state of emergency in January this year. However, supported by the government's and the Bank of Japan's proactive fiscal and monetary policies, the economy maintained its recovery trend after the sharp downturn caused by the COVID-19 pandemic in the second half of last year, despite the continuing severe impact of the disease.」
It was stated that, although restrictions on economic activity due to the second declaration of a state of emergency and the difficulties caused by the pandemic remained, the economy continued to recover. - FY2020First statedAnnual report
「The spread of COVID-19 may affect our business activities and operating results if economic activity stagnates for an extended period to prevent the spread of infection, or if the infection spreads to all officers and employees.」
The prolonged stagnation of economic activity and infection among all officers and employees due to COVID-19 were documented independently for the first time as specific risks affecting the company’s business activities and operating results.