Business Continuity and Funding Amid the COVID-19 Pandemic
First written in FY2020. 7 of 12 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2024: 1 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「In light of the impact of COVID-19, we raised funds early and in sufficient volume through the previous consolidated fiscal year. In the current consolidated fiscal year, as business conditions improved, we have also secured daily cash receipts, primarily from the railway business. Accordingly, we believe that liquid funds have been secured at a sufficient level.」
Regarding business continuity and securing funding amid the infectious disease, the company indicated that it had secured sufficient liquid funds through early fundraising and the recovery of revenue. - FY2023MitigatedAnnual report
「In light of the impact of COVID-19, we raised funds early and in sufficient volume through the previous consolidated fiscal year. In the current consolidated fiscal year, as business conditions improved, we have also secured daily cash receipts, primarily from the railway business. Accordingly, we believe that liquid funds have been secured at a sufficient level.」
Regarding business continuity and securing funding amid the infectious disease, the company indicated that it had secured sufficient liquidity through early fundraising and the recovery of revenue. - FY2023-Q3RestatedAnnual report
「Although the outlook regarding the impact of COVID-19 remains uncertain in some respects, the Company will continue to promote initiatives throughout the group that enable customers to use its services safely and with peace of mind, while taking opportunities such as the nationwide travel support program and the easing of border-control measures to stimulate tourism demand and encourage use.」
Even amid uncertainty regarding the impact of the infectious disease, the company continues its business continuity measures to stimulate demand and promote usage, based on ensuring safety and peace of mind. - FY2023-Q1RestatedAnnual report
「Meanwhile, the impact of COVID-19 is expected to continue, and we will continue to work on the development and operation of our risk management system, including ensuring railway safety and steadily implementing measures to prevent COVID-19 infections among customers and employees, while implementing cost reductions through structural reforms in the railway business and other measures.」
Assuming that the impact of the infectious disease will continue, the company continues to pursue safety assurance, infection prevention, development and operation of its risk management system, and cost reductions through structural reforms in the railway business and other measures. - FY2022RestatedAnnual report
「Amid these difficult conditions, our Group ensured railway safety and steadily implemented measures to prevent COVID-19 infections among customers and employees, while also working continuously to develop and operate its risk management system, thoroughly reduce costs and implement measures to stimulate demand in line with the infection situation.」
The company continues business continuity measures involving safety assurance, infection prevention, risk management, cost reductions and demand stimulation. - FY2022-Q3RestatedAnnual report
「Amid the continuing extremely difficult conditions, our Group continues to work on the development and operation of its risk management system, including ensuring railway safety and steadily implementing measures to prevent COVID-19 infections among customers and employees, while continuing its cost-reduction initiatives.」
The company continues to pursue safety assurance, infection prevention, development and operation of its risk management system, and cost reductions as business continuity measures amid the infectious disease. - FY2022-Q1RestatedAnnual report
「Amid these extremely difficult conditions, our Group continues to work on the development and operation of its risk management system, including ensuring railway safety and steadily implementing measures to prevent COVID-19 infections among customers and employees, while continuing to reduce costs by cancelling or postponing non-urgent measures.」
The company continues to pursue safety assurance, infection prevention, risk management, and cost reductions by cancelling or postponing non-urgent measures as part of its business continuity measures amid the infectious disease. - FY2021RestatedAnnual report
「Under these circumstances, our Group is responding based on four basic policies: “fulfill our mission as a social infrastructure company,” “protect the safety of customers and employees,” “protect employees’ employment” and “protect the supply chain.”」
Regarding business continuity amid the infectious disease, the company continues to uphold four basic policies: protecting the mission of social infrastructure, safety, employment and the supply chain. - FY2021-Q3RestatedAnnual report
「Under these circumstances, our Group is responding based on four basic policies: “fulfill our mission as a social infrastructure company,” “protect the safety of customers and employees,” “protect employees’ employment” and “protect the supply chain.” In view of these extremely difficult conditions, while ensuring railway safety and steadily implementing measures to prevent COVID-19 infections among customers and employees, we are reducing cash outflows through thorough expense reductions and restraint on capital investment.」
Regarding business continuity amid the infectious disease, the company continues to implement the four basic policies, safety and infection prevention, and cash-outflow reductions through expense savings and restraint on capital investment. - FY2021-Q2AdvancedAnnual report
「Under these circumstances, our Group is responding based on four basic policies: “fulfill our mission as a social infrastructure company,” “protect the safety of customers and employees,” “protect employees’ employment” and “protect the supply chain.” In view of these extremely difficult conditions, while ensuring railway safety and steadily implementing measures to prevent COVID-19 infections among customers and employees, we are reducing cash outflows through thorough expense reductions and restraint on capital investment.」
Business continuity amid the infectious disease was organized around 4 basic policies, and the company is reducing cash outflows through expense reductions and restraint on capital investment, while prioritizing safety and infection prevention. - FY2021-Q1AdvancedAnnual report
「Under these circumstances, our Group is responding based on four basic policies: “fulfill our mission as a social infrastructure company,” “protect the safety of customers and employees,” “protect employees’ employment” and “protect the supply chain.” In view of the extremely difficult conditions at present, while ensuring railway safety and steadily implementing measures to prevent COVID-19 infections among customers and employees, we will work to reduce cash outflows through thorough expense reductions and restraint on capital investment.」
The business continuity policy amid the infectious disease was organized around four basic policies: protecting the mission of social infrastructure, safety, employment and the supply chain. The company identified reducing cash outflows through expense reductions and restraint on capital investment as specific measures. - FY2020First statedAnnual report
「We will continue working to prevent the spread of infection, fulfill our mission as a public transportation provider and ensure the business continuity of the Group as a whole. At the same time, we will work to secure the funding required for these purposes and take appropriate measures in response to changes in conditions going forward.」
The company newly outlined measures to prevent the spread of infection, suspend train services, suspend operations and change business hours at commercial facilities, and review its work attendance arrangements, while advancing business continuity and securing funding. Subsequent events also include an additional ¥300,000 million commitment line agreement.