Risk of business interruption due to natural disasters and infectious diseases
First written in FY2019. 8 of 18 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period under review, the Japanese economy showed signs of recovery as the normalization of socioeconomic activity toward the post-COVID period progressed.」
The continued normalization of socioeconomic activity after the infectious disease and the recovery of the economy remain disclosed, indicating that activity constraints caused by the infectious disease have eased compared with before. - FY2024-Q2MitigatedAnnual report
「In the automobile industry, our principal customers, automobile production remained on a recovery trend as the semiconductor shortage eased.」
It is stated that constraints on socioeconomic activity caused by infectious diseases and other factors have eased compared with before, due to the alleviation of the semiconductor shortage and the recovery in automobile production. - FY2024-Q1MitigatedAnnual report
「As the novel coronavirus infection was reclassified as a Category V infectious disease under the Infectious Diseases Control Law and restrictions on activities were eased, the normalization of socioeconomic activity toward the post-COVID period progressed, and the economy showed signs of recovery.」
The normalization of socioeconomic activity resulting from the reclassification of the novel coronavirus infection as a Category V infectious disease and the easing of activity restrictions is disclosed, indicating that constraints on economic activity caused by infectious diseases have eased compared with before. - FY2023ReframedAnnual report
「(1) Risks from the spread of the novel coronavirus and other infectious diseases (2) Natural disasters」
The previous combined treatment of natural disaster and infectious disease risks has been reorganized into separate infectious disease and natural disaster risk categories, with influenza and norovirus also added to the scope. - FY2023-Q3WorsenedAnnual report
「Although attention must be paid to downside risks to domestic and overseas economic conditions, including rising prices, supply-side constraints, a resurgence of the novel coronavirus infection in China and volatility in financial and capital markets, the economy is expected to recover gradually.」
Regarding infectious disease risk, a resurgence in China has been explicitly identified as a new downside factor, and the impact of the infectious disease continues to be a source of uncertainty for domestic and overseas economies. - FY2023-Q1WorsenedAnnual report
「During the cumulative first-quarter period under review, although the spread of the novel coronavirus infection in Japan appeared to have stabilized, the Japanese economy remained in an uncertain state due to the situation in Ukraine, higher raw material prices and other factors. The same applied to overseas economies, and domestic and overseas economic conditions are expected to remain uncertain going forward due to factors including the impact of the novel coronavirus infection, which shows signs of resurgence.」
Although the spread of the infection appeared to have stabilized, signs of a resurgence have been explicitly identified, and the impact on domestic and overseas economic conditions remains uncertain. - FY2022RestatedAnnual report
「In response to these risks, the Group is working to prevent the spread of the novel coronavirus infection by promptly assessing and confirming the situation and responding quickly and appropriately in accordance with its novel coronavirus infection prevention manual.」
Regarding infectious disease risk, the management structure for assessing and responding in accordance with the prevention manual continues to be maintained. - FY2022-Q3WorsenedAnnual report
「Since January 2022, the situation has remained unpredictable due to the spread of new variants.」
Regarding infectious disease risk, it is stated that the situation remains unpredictable due to the spread of new variants. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period under review, the Japanese economy remained constrained by subdued economic activity following the declaration of a state of emergency due to the resurgence of the novel coronavirus infection.」
The continued constraints on economic activity caused by the resurgence of the infectious disease and the state of emergency declaration remain disclosed. - FY2022-Q1WorsenedAnnual report
「During the cumulative first-quarter period under review, the Japanese economy remained constrained by subdued economic activity following the declaration of the third state of emergency due to the resurgence of the novel coronavirus infection.」
The third declaration of a state of emergency and the resulting constraints on economic activity due to the resurgence of the infectious disease are explicitly stated, indicating that the impact of infectious disease risk has continued and expanded. - FY2021RestatedAnnual report
「The impact of the novel coronavirus infection on the business environment continued through the first half, but operating results gradually recovered from the second half.」
The assumptions of continued infectious disease impacts, uncertainty caused by renewed requests to refrain from activities, and a gradual recovery continue to be disclosed. Management of natural disasters through emergency response procedures and other measures is also described. - FY2021-Q3WorsenedAnnual report
「Meanwhile, the outlook remains uncertain due to the arrival of the third wave and the reissuance of the state of emergency declaration in the Tokyo metropolitan area and elsewhere. Depending on developments going forward, this may affect the financial position and operating results of the Company.」
Among natural disaster and infectious disease risks, the arrival of the third wave and the reissuance of the state of emergency declaration have been newly identified as infectious disease risks, and the outlook remains uncertain. - FY2021-Q2RestatedAnnual report
「The impact of the novel coronavirus infection on the business environment continued through the first half, but we assume that operating results gradually recovered from the second half. However, the timing of the end of the novel coronavirus infection remains unclear at present, and depending on developments going forward, it may affect the financial position and operating results of the Company.」
It continues to be stated that the impact of the infectious disease continued through the first half and that a gradual recovery from the second half is assumed, while the timing of the end of the outbreak and its impact on operating results remain unclear. - FY2021-Q1WorsenedAnnual report
「We assume that the impact of the novel coronavirus infection on the business environment will continue through the first half, but that operating results will gradually recover in the second half. However, the timing of the end of the novel coronavirus infection remains unclear at present, and depending on developments going forward, it may affect the financial position and operating results of the Company.」
Regarding infectious disease risk, it is stated that the impact will continue through the first half while a recovery is assumed in the second half, but that the timing of the end of the outbreak is unclear and the possibility of an impact on the financial position and operating results remains. - FY2020WorsenedAnnual report
「In response to these risks, the Group has established a management structure to promptly assess and confirm the situation, respond quickly and appropriately, and minimize damage. In particular, regarding the novel coronavirus infection, whose spread has recently become global, an emergency response headquarters for the novel coronavirus infection was established on 31 March 2020, headed by the Senior Managing Director and Representative Director.」
Regarding natural disaster and infectious disease risks, in addition to the impact of Typhoon No. 15, the novel coronavirus infection spread globally, creating constraints on business and economic activity. - FY2020-Q3WorsenedAnnual report
「In addition, sales declined because customers’ production lines were shut down as a result of damage caused by Typhoon No. 15 in September.」
The impact of the natural disaster caused by Typhoon No. 15 has materialized not only in the stagnation of corporate activity in the affected regions, but also in customer line shutdowns and lower sales. - FY2020-Q2MaterialisedAnnual report
「In addition, damage caused by Typhoon No. 15 in September caused corporate activity to stagnate in some regions.」
Regarding the risk of business suspension due to natural disasters, it is stated that damage from Typhoon No. 15 actually caused corporate activity to stagnate in some regions. - FY2019First statedAnnual report
「If a natural disaster or serious infectious disease occurs, reducing the functionality of social infrastructure and making it necessary to suspend operations」
The decline in infrastructure functionality and suspension of operations caused by natural disasters or serious infectious diseases are identified as business continuity risks.