Earthquakes, Other Natural Disasters and Infectious Disease Pandemics
First written in FY2017. 7 of 19 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2024-Q2.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2024-Q2MaterialisedAnnual report
「We recorded ¥49 million for losses on disposal of merchandise and waste disposal costs associated with Typhoon No. 7, which occurred in August 2023.」
States that ¥49 million was actually recorded for losses on disposal of merchandise and waste disposal costs associated with Typhoon No. 7. - FY2024-Q1SoftenedAnnual report
「Social and economic activity has progressed further toward normalization following the change in the novel coronavirus disease's legal classification and the lifting of restrictions on movement,」
States that social and economic activity has progressed further toward normalization following the change in the disease's legal classification and the lifting of restrictions on movement, representing a less severe description than the previous focus on economic stagnation caused by the disease. - FY2023RestatedAnnual report
「The stagnation of economic activity, decline in income and growing preference for thrift caused by the infectious disease may significantly constrain operating activities, while widespread infection among employees could result in the closure of the affected stores and other business locations.」
Continues to identify restrictions on operations, widespread infection and temporary closures caused by the infectious disease as risks, even as social and economic activity normalizes. - FY2023-Q3SoftenedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy progressed toward normalizing social and economic activity while measures were taken against the novel coronavirus disease.」
States that social and economic activity is moving toward normalization while measures against the infectious disease continue, representing a less severe description than the previous focus on economic stagnation caused by the disease. - FY2023-Q1SoftenedAnnual report
「While there have been moves toward the normalization of economic activity, including additional COVID-19 vaccinations and the lifting of priority preventive measures to prevent the spread of disease,」
Describes moves toward normalizing economic activity, including additional vaccinations and the lifting of priority preventive measures to prevent the spread of disease. It does not state that the infectious disease risk itself has disappeared. - FY2022Expanded the scope of natural disaster risksAnnual report
「Various disasters may cause damage exceeding expectations to our stores, process centers, distribution centers and information systems, to the operations of our online supermarket business, and, further, to business partners involved in procurement and logistics.」
Expands the scope of natural disaster risks beyond stores and logistics facilities to include information systems, online supermarket operations, and business partners' procurement and logistics activities. - FY2022-Q3SoftenedAnnual report
「Although the risk of a resurgence of the novel coronavirus disease in Japan cannot be eliminated in light of conditions around the world, an economic recovery is also expected as various policies and measures progress and economic activity normalizes overseas under a strategy of living with COVID-19.」
States that the risk of a resurgence of infections cannot be eliminated, while an economic recovery is expected as policies and measures progress and economic activity normalizes overseas. - FY2022-Q2WorsenedAnnual report
「During the first half of the current consolidated fiscal period, Japan's economic outlook remained uncertain due to the rapid resurgence of COVID-19 variants, despite some signs of recovery in employment conditions and corporate earnings.」
States that, with respect to the novel coronavirus disease, a rapid resurgence caused by variants has occurred and is contributing to uncertainty about the economic outlook. - FY2022-Q1WorsenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy remained uncertain as the recovery in corporate activity and personal consumption was delayed by the resurgence of COVID-19.」
States that, with respect to the pandemic, the resurgence of infections has been linked to delays in the recovery of corporate activity and personal consumption, as well as uncertainty about the outlook. - FY2021WorsenedAnnual report
「However, if an unexpectedly large natural disaster occurs, our Group's operating activities may be subject to significant constraints, including not only domestic impacts but also impacts on merchandise procurement caused by disruptions to global logistics, which could affect our business results and financial condition.」
Describes the broad scope of natural disaster risks, including not only domestic damage but also impacts on merchandise procurement caused by disruptions to global logistics. - FY2021-Q3WorsenedAnnual report
「In addition, from November onward, the number of cases increased sharply nationwide, leading to what was called a third wave of infections, and the outlook for economic trends remained uncertain.」
Describes a sharp nationwide increase in novel coronavirus cases and a third wave of infections, heightening concern about the pandemic's economic impact. - FY2021-Q2WorsenedAnnual report
「In addition, from mid-June onward, the country faced what was called a second wave of infections, including a sharp increase in cases in urban areas and nationwide spread, and the outlook for economic trends remained uncertain.」
Describes a second wave of novel coronavirus infections resulting from a sharp increase in cases in urban areas and nationwide spread. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy was in an extremely difficult situation, as economic activity stagnated due to the impact of the novel coronavirus disease.」
States that the novel coronavirus disease, previously treated as an assumed pandemic risk, has had an actual impact in the form of stagnating economic activity. - FY2020MaterialisedAnnual report
「We have also established a policy for responding to the novel coronavirus disease that has recently emerged, and have taken measures including evacuation drills for fires and earthquakes.」
States that the novel coronavirus disease emerged as an infectious disease previously treated as an assumed pandemic risk, and that a response policy was established. - FY2020-Q3MaterialisedAnnual report
「We recorded ¥88 million for restoration costs, losses on disposal of merchandise and other costs associated with Typhoon Faxai, which occurred in September 2019, Typhoon Hagibis, which occurred in October 2019, and other events.」
States that restoration costs and losses on disposal of merchandise associated with Typhoons Faxai and Hagibis and other events were actually incurred, and that ¥88 million was recorded. - FY2019MaterialisedAnnual report
「We recorded ¥140 million in extraordinary losses for restoration costs and losses on disposal of merchandise resulting from the June 2018 Northern Osaka Earthquake, and ¥441 million for restoration costs, losses on disposal of merchandise and other costs resulting from Typhoon Jebi, which occurred in September 2018, and the associated power outages.」
States that total losses of ¥581 million related to the Northern Osaka Earthquake and Typhoon Jebi and the associated power outages were recorded for the full year. - FY2019-Q3MaterialisedAnnual report
「The Company recorded ¥127 million in restoration costs and losses on the disposal of products resulting from the June 2018 earthquake in northern Osaka, and ¥422 million in restoration costs, losses on the disposal of products and other expenses resulting from Typhoon Jebi, which occurred in September 2018, and the associated power outages.」
States that total restoration costs, losses on the disposal of products and other expenses associated with the northern Osaka earthquake, Typhoon Jebi and the power outages amounted to ¥550 million. - FY2019-Q2MaterialisedAnnual report
「Due to the impact of Typhoon Jebi, which occurred in September 2018, and the resulting power outages, products and facilities were damaged at stores and distribution centres in the Kinki region. The impact on results for the current fiscal year is still under investigation, and a reasonable estimate is difficult to make.」
States that products and facilities at stores, distribution centres and other locations were actually damaged by natural disasters and power outages. - FY2017First statedAnnual report
「However, if an unexpectedly large natural disaster or a pandemic caused by a highly virulent infectious disease were to occur, the Group's business activities could be disrupted, affecting its business performance and financial condition.」
Describes disruption to business activities from natural disasters and highly virulent infectious disease pandemics as a general business risk.