Risk of fewer meetings and an impact on performance due to COVID-19
First written in FY2020. 2 of 4 entries say "Mitigated", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2020: 23 of 48 companies on the "Worse" side.
11 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「After the classification of COVID-19 under the Infectious Diseases Control Law was changed to Category V in May 2023, we shifted to normal working arrangements while continuing to pay attention to infection-control measures.」
After COVID-19 was reclassified as a Category V infectious disease, we shifted to normal working arrangements. We continue remote sales activities and infection-control measures at head office in preparation for new infectious diseases. - FY2022MitigatedAnnual report
「We believe the likelihood of this risk materializing is low. In addition to seeking to curb the spread of infection through widespread vaccination, our branches have adapted sales activities for remote work using mobile phones and tablet devices, while our head office is taking the utmost care with infection-control measures to prevent disruption to critical operations.」
Although constraints on operations caused by infections at some branches were disclosed, the likelihood of occurrence was assessed as low, and vaccines, remote sales activities, and infection-control measures were presented as responses. - FY2021MaterialisedAnnual report
「While suspending or reducing in-branch operations at branches in areas covered by the declaration, we continued customer services through employees working on a rotational or remote basis. However, infections occurred at some branches, constraining our operating structure.」
In connection with COVID-19, infections occurred at some branches, resulting in actual constraints on operations. - FY2020First statedAnnual report
「If another state of emergency is declared and continues for an extended period, business performance may be affected by a decline in the number of meetings and other factors.」
COVID-19 was explicitly identified as a standalone risk for the first time. During the state of emergency, customer services continued while we implemented rotational and remote working and suspended in-branch operations, and we identified a decline in meetings and other effects from a prolonged second declaration as future risks.