Impact of the Spread of COVID-19 on Sales, Production and Procurement
First written in FY2020. 3 of 7 entries say "Mitigated", first in FY2022. Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023MitigatedAnnual report
「As 2022 began, concerns arose over the impact of uncertainty caused by changes in the economic environment, including the spread of COVID-19 in China and the situation in Ukraine, as well as volatility in the financial and capital markets. Although the outlook for the economy remained uncertain, these factors did not have a material impact on our Group's business performance for the fiscal year under review.」
Although uncertainty caused by the spread of COVID-19 in China and other factors continued, it was stated that there was no material impact on business performance for the fiscal year under review. - FY2023-Q3MitigatedAnnual report
「In addition, following the spread of COVID-19 in China, some employees at 阿爾賽（蘇州）無機材料有限公司 were infected with COVID-19, but measures including shipment adjustments prevented any impact on business performance.」
It was stated that some employees at the Chinese subsidiary were infected, but there was no impact on business performance due to measures including shipment adjustments. - FY2022MitigatedAnnual report
「As 2022 began, concerns arose over the impact of uncertainty caused by changes in the economic environment, including the spread of COVID-19 in China and the situation in Ukraine, as well as volatility in the financial and capital markets. Although the outlook for the economy remained uncertain, these factors did not have a material impact on our Group's business performance for the fiscal year under review.」
Although uncertainty caused by the spread of COVID-19 in China and other factors continued, it was stated that there was no material impact on business performance for the fiscal year under review. - FY2021MaterialisedAnnual report
「Evaluation was delayed due to the impact of business partners' responses to COVID-19, including working from home, but evaluations toward adoption for mass production are progressing.」
Business partners' responses to COVID-19, including working from home, actually affected the nanomaterials business by delaying the timing of evaluations. - FY2021-Q3RestatedAnnual report
「In addition, the spread of the novel coronavirus restricted economic activity worldwide, causing personal consumption and corporate earnings to decline significantly. The reopening of economic activity gradually advanced from May, and China made progress toward an economic recovery centered on infrastructure investment, with manufacturing investment also beginning to increase. However, infections resurged in the United States and the EU, economic activity remained constrained, and the outlook for the economy remained uncertain amid concerns about the impact of uncertainty and volatility in financial and capital markets.」
Restrictions on economic activity due to the spread of COVID-19 and renewed outbreaks in the United States and the EU continued, reaffirming the risk that COVID-19 could affect the operating, production and procurement environment. - FY2021-Q1MaterialisedAnnual report
「Although 阿爾賽（蘇州）無機材料有限公司 achieved its plan, its sales were below those of the same quarter of the previous year due to restrictions on the movement of people and goods following the spread of COVID-19.」
Restrictions on the movement of people and goods due to the spread of COVID-19 materialized in actual results as a year-on-year decline in revenue at the Chinese subsidiary. Restrictions on economic activity worldwide and greater caution toward domestic capital investment were also disclosed. - FY2020First statedAnnual report
「In addition, the global pandemic may cause sales activities to stagnate due to disruptions in customers' business activities and distribution networks, while production and shipments may be delayed due to the suspension of operations at our Group's sites, production contractors, and suppliers of components and materials located around the world, potentially adversely affecting our Group's business performance.」
The global pandemic was newly specified as a risk that could affect sales, production and shipments through customer activity, distribution networks, operating sites, production contractors, and suppliers of components and materials. Although the spread of COVID-19 had already occurred, it was stated that no material disruption to operations had occurred as of the end of the fiscal year.