Risks to Production, Logistics and Store Operations from the Spread of Infectious Disease
First written in FY2020. 10 of 17 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2027-H1RestatedAnnual report
「During the interim consolidated accounting period under review, there were no significant changes in the matters described in this interim report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The filing states that there have been no material changes regarding production, logistics and store operations risks from infectious disease outbreaks. - FY2026WorsenedAnnual report
「An infectious disease outbreak, including a pandemic, could disrupt overseas production and international logistics, cause domestic stores to close and reduce customer visits, and have a serious impact on the business as a whole.」
Infectious disease risk is classified as a separate risk item of high importance, covering overseas production and international logistics, domestic stores, and a decline in store visitors. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period under review, there were no significant changes in the matters described in this interim report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The filing states that there have been no material changes regarding production, logistics and store operations risks from infectious disease outbreaks. - FY2025-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The filing states that there have been no material changes regarding production, logistics and store operations risks from infectious disease outbreaks. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated accounting period from 1 March 2023 to 30 November 2023, the Japanese economy remained on a gradual recovery trend as restrictions on activity were lifted, although」
The filing states that economic activity continued to normalize after restrictions on activity were lifted, reaffirming the trend toward mitigation of infectious disease risks to stores, logistics and business operations. - FY2024-Q2MitigatedAnnual report
「As restrictions on activity associated with measures to prevent the spread of COVID-19 were lifted, economic activity normalized and the economy entered a gradual recovery trend.」
The filing describes the lifting of restrictions on activity and the normalization of economic activity, indicating that risks to stores, logistics and business operations from the infectious disease outbreak continue to move toward mitigation. - FY2024-Q1MitigatedAnnual report
「As restrictions on activity associated with measures to prevent the spread of COVID-19 were lifted, economic activity normalized and the economy entered a gradual recovery trend.」
The filing describes the lifting of restrictions on activity and the normalization of economic activity, indicating that risks to stores, logistics and business operations from the infectious disease outbreak were moving toward mitigation. - FY2023MitigatedAnnual report
「During the consolidated fiscal year, the Japanese economy gradually recovered as economic activity normalized following the easing of restrictions on activity related to COVID-19.」
The filing describes the easing of restrictions on activity and the normalization of economic activity, indicating that risks to stores, logistics and business operations from the infectious disease outbreak were moving toward mitigation compared with the previous fiscal year. - FY2023-Q1MitigatedAnnual report
「Although economic activity was gradually moving toward normalization as the number of COVID-19 cases declined, the situation remained unpredictable due to higher resource and energy prices resulting from international conditions and the rapid depreciation of the yen.」
The filing describes the decline in infections and the gradual normalization of economic activity, indicating that some business operating risks from the infectious disease were moving toward mitigation. - FY2022-Q3RestatedAnnual report
「The F.D.C. Products Group, which operates the jewelry business, faced a challenging operating environment as a result of the prolonged state of emergency declaration associated with the spread of COVID-19.」
The effects of the infectious disease outbreak and the prolonged state of emergency declaration on store and business operations have continued. - FY2022-Q2RestatedAnnual report
「The distribution industry was also affected by requests to refrain from going out and by store closures and shortened operating hours. With consumer sentiment continuing to deteriorate due to worsening employment and income conditions, personal consumption remained sluggish and the outlook continued to be uncertain.」
The effects of requests to refrain from going out, store closures and shortened operating hours, and weaker consumer sentiment due to the infectious disease outbreak have continued. - FY2022-Q1RestatedAnnual report
「At the F.D.C. Products Group, which operates the jewelry business, extensive store closures and shortened operating hours were implemented during the cumulative first-quarter consolidated accounting period following the issuance of a state of emergency declaration, but」
The filing states that extensive store closures and shortened operating hours continued under the state of emergency declaration associated with the infectious disease outbreak. - FY2021RestatedAnnual report
「The Group sources goods from overseas and operates retail stores across almost all of Japan. If an infectious disease outbreak, including a pandemic, occurs in Japan or overseas, production and logistics may be disrupted and retail stores in Japan may be closed, potentially affecting the Group's operating results.」
The Group continues to disclose infectious disease risks related to overseas sourcing, domestic stores, production and logistics disruptions, and store closures under business and other risks. - FY2021-Q3RestatedAnnual report
「At the F.D.C. Products Group, which operates the jewelry business, extensive store closures and shortened operating hours were implemented from late March through the end of May to prevent the spread of COVID-19.」
The filing states that store closures and shortened operating hours due to the infectious disease outbreak continued to affect the business. - FY2021-Q2RestatedAnnual report
「To prevent the spread of COVID-19, we implemented extensive store closures and shortened operating hours from late March. Although the tendency to refrain from going out continued after the state of emergency was lifted, store sales recovered as operations gradually returned to normal.」
While the effects of store closures and shortened operating hours due to the infectious disease continued, the filing also reports the gradual resumption of normal operations and recovery in store sales. - FY2021-Q1MaterialisedAnnual report
「At the F.D.C. Products Group, which operates the jewelry business, stores were closed or operated with reduced hours on a phased basis from late March to prevent the spread of COVID-19. All stores were closed from 25 April to 6 May.」
Store closures and shortened operating hours due to the infectious disease outbreak actually occurred, and all stores were closed from 25 April to 6 May. - FY2020First statedAnnual report
「If an infectious disease outbreak, including a pandemic, occurs in Japan or overseas, production and logistics may be disrupted and retail stores in Japan may be closed, potentially affecting the Group's operating results.」
An infectious disease outbreak is newly presented as a standalone item under business and other risks. Subsequent events also describe temporary store closures and shortened operating hours associated with COVID-19.