Risk of Production Stoppages and Declining Demand Due to the Spread of COVID-19
First written in FY2020. 8 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2026RestatedAnnual report
「Our group operates in 7 countries worldwide, including Japan. In today's increasingly globalized environment, there is a risk of employee infection at our operations in each country, as well as a risk that the spread of infection could make business continuity difficult.」
The risk of employee infection and business continuity resulting from the spread of infection at operations in 7 countries worldwide continues to be disclosed. - FY2024RestatedAnnual report
「The Group operates in 7 countries worldwide, including Japan. As globalization advances, there is a risk that infections among officers and employees at sites in each country and worldwide, or the spread of infection, could make it difficult to continue operations.」
The risk of employee infection and business continuity associated with infectious diseases continues to be described as a risk relating to the group's operations in 7 countries worldwide. - FY2024-Q1MitigatedAnnual report
「The impact of COVID-19 weakened, and economic activity moved toward normalization.」
The company indicated that the impact of COVID-19 on economic activity had weakened and that normalization was progressing. - FY2023-Q3RestatedAnnual report
「The impact of COVID-19 is described in "2. Analysis of Financial Position, Operating Results and Cash Flows by Management (1) Financial Position and Operating Results." However, if the spread of COVID-19 or its impact on the economic environment persists, it could affect the Group's business results and financial position.」
The potential impact on business performance and financial position if the spread of COVID-19 and its impact on the economic environment are prolonged continues to be disclosed. - FY2023-Q2RestatedAnnual report
「The impact of COVID-19 is described in "2. Analysis of Financial Position, Operating Results and Cash Flows by Management (1) Financial Position and Operating Results." However, if the spread of COVID-19 or its impact on the economic environment persists, it could affect the Group's business results and financial position.」
The potential impact on business performance and financial position if the spread of infectious diseases and their impact on the economic environment are prolonged continues to be disclosed. - FY2023-Q1RestatedAnnual report
「The impact of COVID-19 is described in "2. Analysis of Financial Position, Operating Results and Cash Flows by Management (1) Financial Position and Operating Results." However, if the spread of COVID-19 or its impact on the economic environment persists, it could affect the Group's business results and financial position.」
The potential impact on business performance and financial position if the spread of infectious diseases and their impact on the economic environment are prolonged continues to be disclosed. - FY2022ReframedAnnual report
「The Group operates in 7 countries worldwide, including Japan. As globalization advances, there is a risk that infections among officers and employees at sites in each country and worldwide, or the spread of infection, could make it difficult to continue operations.」
The discussion is framed as the risk of employee infection and business continuity associated with infectious diseases generally at a company operating in 7 countries worldwide, rather than as the specific impact of COVID-19. - FY2021ReframedAnnual report
「The Group operates in 7 countries worldwide, including Japan. As globalization advances, there is a risk that infections among officers and employees at sites in each country and worldwide, or the spread of infection, could make it difficult to continue operations.」
The discussion has been broadened from the specific impact of COVID-19 to the risk of employee infection and business continuity associated with infectious diseases generally at a company operating in 7 countries worldwide. - FY2021-Q3RestatedAnnual report
「The impact of COVID-19 is described in "2. Analysis of Financial Position, Operating Results and Cash Flows by Management (1) Financial Position and Operating Results." However, if the spread of COVID-19 or its impact on the economic environment persists, it could affect the Group's business results and financial position.」
While economic and production recovery trends are evident in various regions, the potential impact on business results and financial position if the infection spreads again or its impact on the economic environment persists continues to be highlighted. - FY2021-Q2RestatedAnnual report
「The impact of COVID-19 is described in "2. Analysis of Financial Position, Operating Results and Cash Flows by Management (1) Financial Position and Operating Results." However, if the spread of COVID-19 or its impact on the economic environment persists, it could affect the Group's business results and financial position.」
While noting the recovery in China and the resumption of economic activity in various regions, the potential impact on business results and financial position if the spread of COVID-19 or its impact on the economic environment persists continues to be highlighted. - FY2021-Q1RestatedAnnual report
「Regarding the impact of COVID-19, economic activity has begun to show signs of resuming following the lifting of the state of emergency in Japan and other developments. However, if the spread of COVID-19 or its impact on the economic environment persists, it could affect the Group's business results and financial position.」
While noting signs of economic activity resuming following the lifting of the state of emergency and other developments, the potential impact on business results and financial position if the spread of COVID-19 or its economic impact persists continues to be highlighted. - FY2020First statedAnnual report
「Regarding COVID-19, which is currently spreading worldwide, the Group is thoroughly implementing infection-control measures in accordance with the guidance of health and hygiene authorities in each country, based on the policies described above. It is also taking measures including restrictions on commuting to work, telework and temporary business closures. If the situation persists, the normalization of customers' production activities may be delayed, potentially having a significant impact on the Group's business results and financial position.」
The risks identified included infection among officers and employees due to the spread of COVID-19, difficulty continuing operations, delays in customers' return to normal production, and weak automotive demand. Production stoppages and temporary business closures have already occurred in various regions.