Impact of the Spread of COVID-19 on Demand and Operations
First written in FY2020. 10 of 17 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 91 of 129 companies on the "Worse" side.
38 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「During the current consolidated fiscal year, Japan's economy emerged from the impact of the COVID-19 pandemic, private consumption and corporate capital investment recovered, and the economy remained on a moderate recovery trend.」
The company explained that the impact of COVID-19 on the economic and demand environment had weakened as the economy emerged from the pandemic and recovered. - FY2024SoftenedAnnual report
「Following COVID-19's reclassification as a Category V infectious disease on 8 May 2023, the company discontinued its internal response structure for preventing the spread of COVID-19 and ended its infection-prevention measures.」
Although disclosures on the risk of COVID-19 affecting business remain, the company explained that it ended its internal response structure and infection-prevention measures following the change in classification of the infectious disease. - FY2024-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, Japan's economy was on a moderate recovery trend as the impact of COVID-19 eased further following its reclassification as a Category V infectious disease.」
The company continues to recognize that the impact of COVID-19 eased further following its reclassification as a Category V infectious disease and that the economy is on a moderate recovery trend. - FY2024-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, Japan's economy was on a moderate recovery trend as the impact of COVID-19 eased further following its reclassification as a Category V infectious disease.」
The company continues to recognize that the impact of COVID-19 eased further following its reclassification as a Category V infectious disease and that the economy is on a moderate recovery trend. - FY2024-Q1MitigatedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy was on a moderate recovery trend as the impact of COVID-19 eased further following its reclassification as a Category V infectious disease.」
The company explained that the impact of COVID-19 on the economy eased further following its reclassification as a Category V infectious disease. - FY2023Reflecting the transition to Category V and the shift back to office workAnnual report
「COVID-19 was reclassified as a Category V infectious disease on 8 May 2023, and the company has also changed from working from home to working in the office. However, a renewed spread of COVID-19 could disrupt business activities in the future.」
The company reflected the change in the classification of the infectious disease and the shift back to office work, while the possibility of impacts on production, logistics and sales activities from a resurgence continues. - FY2023-Q3Reflecting the easing of activity restrictions and the recovery in economic activityAnnual report
「During the nine months ended 31 December, economic activity showed signs of recovery following the government's easing of restrictions related to COVID-19. However, economic conditions remained uncertain due to global inflation, concerns over exchange rates including yen depreciation and soaring resource prices caused by the Russia-Ukraine situation.」
Regarding COVID-19, the company noted the easing of activity restrictions and a recovery in economic activity, while uncertainty about the outlook due to inflation, yen depreciation and surging resource prices continued. - FY2023-Q2RestatedAnnual report
「During the six months ended 30 September, Japan's economy remained uncertain. Although COVID-19 infections spread again, the easing of activity restrictions helped avoid a downturn like those seen during previous waves, while rapid yen depreciation caused exchange-rate volatility and the Russia-Ukraine situation drove up resource prices.」
While the company continues to highlight uncertainty in the economic and demand environment due to the resurgence of COVID-19 infections, it stated that easing activity restrictions prevented a downturn similar to those seen during previous waves of infection. - FY2023-Q1RestatedAnnual report
「During the three months ended 30 June, Japan's economy remained uncertain as the COVID-19 pandemic continued, despite signs of progress toward normalizing social and economic activity, due to changes in the business environment resulting from the prolonged Russia-Ukraine situation, rapid yen depreciation and soaring resource prices.」
The company continues to highlight uncertainty in the economic and demand environment due to the prolonged impact of COVID-19. - FY2022-Q3RestatedAnnual report
「During the nine months ended 31 December, Japan's economy showed signs of a gradual recovery, but the outlook remained uncertain due to the emergence of new COVID-19 variants, soaring crude oil prices and semiconductor shortages.」
Trends in infectious diseases, including the emergence of new COVID-19 variants, continue to create uncertainty about the outlook for the economy and demand. - FY2022-Q2RestatedAnnual report
「During the six months ended 30 September, Japan's economy showed signs of a gradual recovery, but the outlook remained uncertain due to the renewed spread of COVID-19, globally high resource prices and semiconductor shortages.」
The company continues to recognize the resurgence of COVID-19 infections as a factor creating uncertainty about the economic outlook. - FY2022-Q1RestatedAnnual report
「Capital investment by semiconductor companies in East Asia, centered on Japan, China and Taiwan, remained solid, and orders increased as economic activity in North America recovered. However, close attention is still required regarding the impact of COVID-19 infection trends on domestic and overseas economies, and the outlook is expected to remain uncertain for the time being.」
The company continues to highlight the impact of COVID-19 trends on the domestic and overseas economies and the resulting uncertainty about the outlook. - FY2021RestatedAnnual report
「If the spread of COVID-19 and other infectious diseases disrupts the continuation of business activities, including the group's production, logistics and sales operations, the group's performance may be affected.」
The company continues to identify the risk of impacts on production, logistics and sales activities from the spread of infection and has described measures including remote work, staggered working hours and web conferences. - FY2021-Q3RestatedAnnual report
「New demand emerged for measures such as ventilation during the COVID-19 pandemic, and signs of recovery appeared in the automotive, energy and secondary battery-related sectors. Although market conditions remained more challenging than in the previous fiscal year, activity continued without a significant downturn.」
While challenging market conditions due to the spread of COVID-19 continued, new demand also emerged for measures such as ventilation, and the company stated that demand had not fallen significantly. - FY2021-Q2RestatedAnnual report
「Due to the spread of COVID-19, business conditions remained more challenging than in the previous fiscal year.」
The company stated that deterioration in market conditions due to the spread of COVID-19 was continuing. The risk had continued to materialize. - FY2021-Q1MaterialisedAnnual report
「Although capital investment by major domestic semiconductor customers remained solid, the market environment remained more challenging than in the previous fiscal year due to the spread of COVID-19.」
The company stated that deterioration in market conditions due to the spread of COVID-19 had actually occurred. Meanwhile, capital investment in Japan's semiconductor industry remained firm. - FY2020First statedAnnual report
「The COVID-19 pandemic may sharply slow production activity and capital investment in the industries served by our customers, which could affect the performance of our group. Although no employees at the company have contracted COVID-19, if an employee were to become infected, some operations could be suspended, which could also affect the performance of our group.」
A sharp slowdown in production activity and capital investment in customer industries, and suspension of operations due to infections within the company, have been identified as new risks. The company stated that there were no internal infections as of the fiscal year-end.