Impact of Natural Disasters and Infectious Diseases on Business Activities
First written in FY2017. 5 of 14 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 24 of 39 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「The risk associated with the spread of COVID-19 has subsided, and efforts toward normalizing economic activity continue.」
The risk associated with the spread of COVID-19 has subsided, and the view that economic activity continues to normalize remains unchanged. - FY2024-Q2RestatedAnnual report
「The risk associated with the spread of COVID-19 has subsided, and efforts toward normalizing economic activity continue.」
The risk associated with the spread of COVID-19 has subsided, and the view that economic activity continues to normalize remains unchanged. - FY2024-Q1MitigatedAnnual report
「With COVID-19 being reclassified under the Infectious Diseases Control Law as a Class 5 disease in May 2023, the risk associated with its spread has subsided, while efforts toward normalizing economic activity continue.」
The risk associated with the spread of COVID-19 has subsided, and economic activity is continuing to normalize. - FY2023MitigatedAnnual report
「As it was decided that COVID-19 would be reclassified under the Infectious Diseases Control Law as a Class 5 disease in May 2023, we believe that the risk associated with the spread of COVID-19 is trending downward.」
The risk of infectious disease spread is viewed as declining, and the Company explains that the impact on business performance if employees become infected is limited because development of ICT infrastructure and establishment of internal systems have been completed. - FY2023-Q3ReframedAnnual report
「During the nine-month period of the current third quarter on a consolidated basis, Japan's economy continued to require measures against infectious diseases, including the emergence of the eighth wave of COVID-19 infections from November onward, although the trend toward normalizing economic activity continued.」
Regarding COVID-19, the filing notes the emergence of the eighth wave and the continuation of measures against infectious diseases, while also stating that the trend toward normalizing economic activity continues. - FY2022-Q3ReframedAnnual report
「However, the Omicron variant detected in South Africa in November has spread rapidly in Japan since the beginning of the year, and we believe it will remain necessary to closely monitor future developments.」
Regarding COVID-19, although economic activity has begun to resume, the rapid spread of the Omicron variant in Japan is identified as a new concern. - FY2022-Q2ReframedAnnual report
「The number of new infections has declined significantly since late September and economic activity has gradually begun to resume as a result of vaccination programs and various measures accompanying the declaration of a state of emergency. However, it has not been confirmed that the recent decline in infections will lead to lasting containment, and we believe it will remain necessary to closely monitor future developments, including the impact of highly transmissible variants.」
Although the decline in new infections and the resumption of economic activity were reported, lasting containment has not been confirmed, and the impact of variants continues to be treated as a risk. - FY2022-Q1RestatedAnnual report
「Although vaccination programs are being promoted and ICT infrastructure is being developed for the “new normal,” these measures have not prevented the renewed spread of infections caused by variants in Japan and overseas. There are also concerns that the Tokyo Olympic and Paralympic Games could contribute to the spread of COVID-19, and we believe it will remain necessary to closely monitor the outlook for economic activity.」
The impact of COVID-19 in Japan and overseas and concerns about renewed spread caused by variants continue. - FY2021-Q3RestatedAnnual report
「Since late January 2020, the novel coronavirus, which spread worldwide, has had a major impact on business and daily life, and we believe that its effects will continue.」
The global spread of the novel coronavirus has affected business and daily life, and the view that its impact will continue remains unchanged. - FY2021-Q2RestatedAnnual report
「Since late January 2020, the novel coronavirus, which spread worldwide, has had a major impact on business and daily life, and we believe that its effects will continue.」
The global spread of the novel coronavirus has affected business and daily life, and the view that its impact will continue remains unchanged. - FY2021-Q1MaterialisedAnnual report
「Since late January 2020, the novel coronavirus, which spread worldwide, has had a major impact on business and daily life, and we believe that its effects will continue.」
Regarding infectious diseases previously identified as a risk, the filing states that the global spread of the novel coronavirus and its impact on business and daily life have actually occurred. - FY2020-Q3MitigatedAnnual report
「Not applicable.」
The filing states that no corresponding loss was recorded during the nine-month period of the current third quarter on a consolidated basis for the disaster loss related to the Hokkaido Eastern Iburi Earthquake recorded in the same period of the previous year. - FY2019-Q3MaterialisedAnnual report
「The loss from disasters recorded as an extraordinary loss relates to the Hokkaido Eastern Iburi Earthquake, and consists of restoration costs for leased assets held by a consolidated subsidiary of the Company.」
Regarding natural disaster risk, ¥100 million in restoration costs for leased assets related to the Hokkaido Eastern Iburi Earthquake was actually recorded as an extraordinary loss. - FY2017First statedAnnual report
「The Group implements measures to minimize the impact of earthquakes and other natural disasters and infectious disease outbreaks on its business activities after considering cost effectiveness. However, unforeseen events could affect the Group's business performance and other matters.」
Although measures have been implemented against natural disasters and infectious diseases, the potential impact of unforeseen events is identified.