Risk of construction delays and impact on business performance due to COVID-19
First written in FY2020. 15 of 19 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 6 of 26 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If a major earthquake, fire or other natural disaster, or an infectious disease such as COVID-19 or influenza, occurs on a scale far exceeding expectations, the Group's business locations and other facilities may suffer significant damage.」
The Company reaffirmed pandemic risk as a risk of damage to operating locations and delays in operations, together with natural disasters and other events. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no significant changes in the major risks, including the risk of construction delays and impacts on business performance due to COVID-19. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no significant changes in the major risks, including the risk of construction delays and impacts on business performance due to COVID-19. - FY2024RestatedAnnual report
「If a major earthquake, fire or other natural disaster, or an infectious disease such as COVID-19 or influenza, occurs on a scale far exceeding expectations, the Group's business locations and other facilities may suffer significant damage.」
The Company reaffirmed pandemic risk as a risk of damage to operating locations and delays in operations, together with natural disasters and other events. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company stated that there had been no significant changes in the major risks, including the risk of construction delays and impacts on business performance due to COVID-19. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no significant changes in the major risks, including the risk of construction delays and impacts on business performance due to COVID-19. - FY2023RestatedAnnual report
「If a major earthquake, fire or other natural disaster, or an infectious disease such as COVID-19 or influenza, occurs on a scale far exceeding expectations, the Group's business locations and other facilities may suffer significant damage.」
The Company reorganized pandemic risk as a major risk together with natural disasters and other events, and reaffirmed the possibility of delays in operations and impacts on business performance and financial position. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated companies, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business and accounting conditions described in the quarterly report.」
The Company stated that there had been no significant changes in the major risks related to construction delays and the impact of COVID-19 on business performance. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company stated that there had been no significant changes in the major risks related to construction delays and the impact of COVID-19 on business performance. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no significant changes in the major risks related to construction delays and the impact of COVID-19 on business performance. Meanwhile, its analysis of operating results referred to the easing of restrictions on activities and the resumption of economic and social activity. - FY2022MaterialisedAnnual report
「In construction materials, sporadic delays in the delivery of procured materials have occurred. In the housing sales business, the number of visitors to housing showrooms is recovering, but has not yet returned to pre-pandemic levels.」
The Company stated that the pandemic continued to cause delays in the delivery of procured materials, a failure of visitor numbers at housing showrooms to recover, restrained construction investment in certain industries and higher fuel prices. - FY2022-Q3RestatedAnnual report
「However, in addition to the effects of semiconductor shortages on various industries and soaring resource prices, including crude oil, the emergence of highly transmissible COVID-19 variants and other factors made the economic outlook unpredictable once again.」
The Company reaffirmed that the emergence of highly transmissible variants has left the outlook for containing the pandemic and the economy uncertain. - FY2022-Q2RestatedAnnual report
「At the same time, the outlook for containing the pandemic remains uncertain, and the situation is expected to remain unpredictable due to trends in public- and private-sector investment and construction suspensions resulting from an economic downturn.」
The Company reaffirmed that the outlook for containing the pandemic remains uncertain and that trends in public- and private-sector investment and construction suspensions resulting from an economic downturn may continue to affect business performance. - FY2022-Q1RestatedAnnual report
「At the same time, the outlook for containing the pandemic remains uncertain, and the situation is expected to remain unpredictable due to trends in public- and private-sector investment and construction suspensions resulting from an economic downturn.」
The Company reaffirmed that the outlook for containing the pandemic remains uncertain and that trends in public- and private-sector investment and construction suspensions resulting from an economic downturn may affect business performance. - FY2021MaterialisedAnnual report
「In construction materials, sporadic delays in the delivery of procured materials have occurred. In construction work, the housing sales business has experienced a loss of sales opportunities due to fewer visitors to housing showrooms resulting from requests to refrain from going out, while the major renovation business has experienced a loss of sales opportunities because condominium management associations, its main customers, have curtailed their activities.」
The Company disclosed that COVID-19 had resulted in delays in material deliveries, fewer visitors to housing showrooms, stagnant activity by condominium management associations and a loss of sales opportunities. - FY2021-Q3RestatedAnnual report
「COVID-19 also caused adverse effects, including delays in the delivery of procured materials, temporary suspensions and postponements of construction work, and event cancellations. In response, the Company implemented measures including maintaining social distancing in offices, using web conferences and securing its order-taking operations through telework.」
The Company stated that delays in the delivery of procured materials, temporary suspensions and postponements of construction work, and event cancellations continued, and also described its measures in response to the pandemic. - FY2021-Q2RestatedAnnual report
「COVID-19 also caused adverse effects, including delays in the delivery of procured materials, temporary suspensions and postponements of construction work, and event cancellations. In response, the Company implemented measures including maintaining social distancing in offices, using web conferences and securing its order-taking operations through telework.」
The Company disclosed that COVID-19 continued to cause delays in material deliveries, temporary suspensions and postponements of construction work, and event cancellations. - FY2021-Q1MaterialisedAnnual report
「The Company also experienced adverse effects from COVID-19, including delays in the delivery of procured materials, temporary suspensions and postponements of construction work, and event cancellations, but worked to maintain its order-taking operations by using telework.」
The Company disclosed that COVID-19 had resulted in delays in the delivery of procured materials, temporary suspensions and postponements of construction work, and event cancellations. - FY2020First statedAnnual report
「If construction schedules are delayed because employees of the Group or workers at construction sites become infected with COVID-19, or because large clusters occur at sites of business partners or elsewhere, the Group's operating results and financial position may be affected.」
COVID-19 was disclosed for the first time as a separate major risk. While no negative impact on reported results has materialized, related events such as delivery delays, suspension of orders and loss of sales opportunities have occurred in each segment.