Response to unpredictable events such as natural disasters and infectious diseases

「There have been no significant changes in the assumptions, including those concerning when the COVID-19 pandemic will subside, as described in the Additional Information section of the securities report for the previous consolidated fiscal year under Accounting Estimates Related to the Spread of COVID-19.」

「There have been no significant changes in the assumptions, including those concerning when the COVID-19 pandemic will subside.」

「The main factor behind the increase in segment profit was the increase in gains on sales from accelerating the sale of vehicles reaching the end of their leases in the corporate leasing business, taking advantage of the surge in the used-car market, although the rental car business saw lower profit amid the continuing impact of COVID-19.」

「Ordinary profit in the Domestic Auto Business decreased by ¥10.5 billion, or 47.8%, year on year to ¥11.5 billion, while ROA declined by 1.8 percentage points to 1.8%.」

「In light of the current situation in which COVID-19 is spreading again in regions including Europe and the United States, we assume that the impact of the spread of the infection on economic activity and consumption will continue during the second half of the fiscal year and will gradually ease from fiscal 2021 onward, although the timing will vary by region.」

「At the end of the previous consolidated fiscal year, we had assumed that the stagnation of economic activity and sluggish consumption caused by the spread of COVID-19 would gradually ease from around the second half of the fiscal year, although the timing would vary by region. However, in light of the current situation in which COVID-19 is spreading again in regions including Europe and the United States, we have changed this assumption to one that the impact of the spread of the infection on economic activity and consumption will continue during the second half of the fiscal year and will gradually ease from fiscal 2021 onward, although the timing will vary by region.」

「Revenue increased by ¥1.631 billion, or 2.0%, year on year to ¥84.755 billion, while segment profit decreased by ¥0.858 billion, or 20.4%, to ¥3.360 billion. The main factor behind the decline in profit was lower rental car revenue due to reduced demand for leisure and other activities caused by COVID-19.」

「The spread of COVID-19 is reversing the acceleration of globalization to date, disrupting the movement of people and goods, and causing a rapid decline in consumption and production activity. It is having a significant impact on the global economy as a whole and is becoming a factor increasing the Group's business and other risks.」

「The Group has established measures under its business continuity plan (BCP) to prepare for crises caused by unforeseeable events, including earthquakes, wind and flood damage, fires, large-scale man-made disasters, and infectious diseases such as novel influenza and SARS. However, if the Group incurs unexpected economic losses, its performance may be affected.」

「The Group has established measures under its business continuity plan (BCP) to prepare for crises caused by unforeseeable events, including earthquakes, wind and flood damage, fires, large-scale man-made disasters, and infectious diseases such as novel influenza and SARS.」

「The Group has established measures under its business continuity plan (BCP) to prepare for crises caused by unforeseeable events, including earthquakes, wind and flood damage, fires, large-scale man-made disasters, and infectious diseases such as novel influenza and SARS.」