Business Continuity and Earnings Impact Risk from COVID-19
First written in FY2020. 10 of 12 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023ReframedAnnual report
「As the Group conducts its business, its performance may be affected by factors including political conditions and public safety in each country and region, the economic environment, financial and equity markets, foreign exchange fluctuations, the success or failure of acquisitions, significant litigation, competition over standardization, infectious diseases, and natural disasters such as earthquakes, storms and floods, although it is taking necessary measures in response to each risk.」
The presentation has changed from treating COVID-19 as a standalone risk item to describing infectious diseases, together with natural disasters and litigation, as a comprehensive "Other" risk. - FY2023-Q3RestatedAnnual report
「During the nine months ended the third quarter of the fiscal year, conditions requiring close monitoring continued in the global economy, including soaring resource and energy prices and rising prices generally amid heightened geopolitical risks, policy rate hikes led by the United States and Europe, sharp foreign exchange fluctuations, and the impact of COVID-19 on supply chains in some regions.」
It states that the effects of COVID-19 on supply chains in some regions continue and reconfirms the business-environment risks posed by the pandemic. - FY2023-Q2RestatedAnnual report
「During the six months ended the second quarter of the fiscal year, conditions requiring close monitoring continued in the global economy, including rising prices due to soaring resource and energy prices amid heightened geopolitical risks, policy rate hikes led by the United States and Europe, sharp foreign exchange fluctuations, and the impact of COVID-19 on supply chains in some regions.」
It explains that the effects of COVID-19 on supply chains in some regions continue. - FY2023-Q1RestatedAnnual report
「During the first quarter of the fiscal year, the global economy was affected by the impact on supply chains from lockdowns in some regions due to the spread of COVID-19, soaring resource prices amid heightened geopolitical risks, policy rate hikes led by the United States and Europe, and foreign exchange fluctuations.」
It states that the effects of COVID-19 continue and that lockdowns in some regions have affected the supply chain. - FY2022RestatedAnnual report
「The Group has implemented measures centered on an emergency response headquarters headed by the CEO, including travel restrictions to countries and regions with high infection risks, maintaining the supply chain, and thoroughly implementing infection prevention measures at business locations.」
It reconfirms the business continuity risks posed by COVID-19 and the response measures involving the emergency response headquarters, travel restrictions, supply chain maintenance, and infection prevention measures. - FY2022-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, the global economy showed signs of recovery overall, as economic activity resumed in countries around the world, although the effects of the spread of COVID-19 remained evident.」
It explains that, although the effects of COVID-19 continue, economic activity is resuming in countries around the world and the global economy is showing signs of recovery overall. - FY2022-Q2RestatedAnnual report
「During the first six months of the current fiscal year, the global economy showed signs of recovery overall, as economic activity resumed in countries around the world, although the effects of the spread of COVID-19 remained evident.」
It explains that, although the effects of COVID-19 continue, the global economy is showing signs of recovery as economic activity resumes in countries around the world. - FY2022-Q1RestatedAnnual report
「Although the global economy during the nine-month period of the first quarter of the current consolidated fiscal year was affected by the spread of COVID-19, it was generally on a recovery trend due to the effects of economic policies in various countries and other factors.」
The company stated that although the impact of COVID-19 continued, the global economy was on a recovery trend due to economic policies in various countries and other factors. - FY2021-Q3RestatedAnnual report
「Although the global economy during the nine-month period of the third quarter of the current consolidated fiscal year continued to show the effects of the spread of COVID-19 following the second quarter,」
The company stated that the impact of COVID-19 continued to affect the global economy during the third quarter. At the same time, it described the semiconductor manufacturing equipment market as being on an expansionary trend. - FY2021-Q2RestatedAnnual report
「The global economy during the nine-month period of the second quarter of the current consolidated fiscal year continued to be affected by the spread of COVID-19, following the first quarter, but」
The company stated that the impact of COVID-19 continued to affect the global economy during the second quarter. At the same time, it described rising semiconductor demand and the expansionary trend in the manufacturing equipment market. - FY2021-Q1RestatedAnnual report
「The global economy during the nine-month period of the first quarter of the current consolidated fiscal year was affected by the spread of COVID-19, but」
The company stated that the impact of COVID-19 continued to affect the global economy during the first quarter. At the same time, it described the semiconductor manufacturing equipment market as being on an expansionary trend. - FY2020MaterialisedAnnual report
「The spread of COVID-19 may affect the continuation of the Group’s manufacturing, sales and other business activities. In addition, restrictions on the movement of people and goods worldwide and deterioration in global economic conditions may adversely affect the Group’s business performance.」
The spread of COVID-19 was disclosed for the first time as a standalone risk item. An emergency response headquarters headed by the CEO was established, and travel restrictions, supply chain continuity measures, and infection prevention measures were implemented.