Supply Chain Disruption and Business Continuity Risks Resulting from COVID-19
First written in FY2020. 6 of 14 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026.
Sankyu moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 5 of 16 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In addition to a business continuity plan (BCP), the Group has formulated a policy for responding to infectious diseases and is working to establish business continuity systems by developing an emergency contact system, disseminating infection-prevention measures, and taking other steps.」
The company continued to disclose the risks of labor shortages, operating restrictions at business partners, and delays in project completion caused by the pandemic, and described measures based on its BCP and infectious-disease response policy. - FY2024MitigatedAnnual report
「In the domestic economy, following the reclassification of COVID-19 as a Class 5 infectious disease, economic activity continued to normalize, inbound demand recovered, and signs of price pass-through emerged.」
Regarding the impact of COVID-19 on economic activity and supply chains, the company described the normalization of economic activity and recovery in inbound demand following the reclassification as a Class 5 infectious disease. - FY2024-Q2RestatedAnnual report
「In the domestic economy, following the reclassification of COVID-19 as a Class 5 infectious disease, economic activity continued to normalize, and signs of recovery were seen in inbound demand and consumer activity.」
The company continues to recognize that economic activity is normalizing and inbound demand and consumer activity are recovering following the reclassification of COVID-19 as a Class 5 infectious disease. - FY2024-Q1MitigatedAnnual report
「In the domestic economy, following the reclassification of COVID-19 as a Class 5 infectious disease, personal consumption recovered, with a gradual expansion in services consumption following the removal of activity restrictions and an upturn in automobile sales as supply constraints eased. Investment in equipment also became evident, including investment in digitalization.」
The company stated that services consumption and personal consumption recovered, and supply constraints eased, following the reclassification of COVID-19 as a Class 5 infectious disease and the removal of activity restrictions. The impact of the infectious disease on the business environment and supply chains was easing compared with the previous fiscal year. - FY2023MitigatedAnnual report
「In the domestic economy, a recovery trend centered on domestic demand has emerged as COVID-19 policies have been eased and economic activity has normalized.」
The impact of COVID-19 on economic activity and supply chains has continued to be disclosed as a risk, while the company stated that the domestic economy was recovering as policies were eased and economic activity normalized. - FY2023-Q1MitigatedAnnual report
「During the first quarter of the fiscal year, the global economy remained uncertain as efforts to balance infection control and economic activity through vaccination and other measures progressed, while the situation in Ukraine slowed the pace of recovery.」
Efforts to balance infection control and economic activity through vaccination and other measures progressed, and the deterioration of the business environment caused by the infectious disease eased in part, but the slower pace of recovery and uncertainty have continued. - FY2022-Q3MaterialisedAnnual report
「During the first nine months of the fiscal year under review, the global economy continued to recover, albeit with variations among countries and regions, but the pace of recovery slowed compared with the previous fiscal period. In the United States, the recovery slowed due to supply constraints caused by the spread of the Delta variant and congestion in maritime logistics. In China, production slowed amid decelerating real estate investment and worsening shortages of electricity and materials, while emerging markets were forced to suspend economic activity due to strict restrictions on movement associated with the spread of the Delta variant.」
Tightness in maritime logistics, supply constraints, power and materials shortages, and slower production associated with the spread of COVID-19 became evident in actual economic activity, and supply-chain and business-continuity risks have continued to materialize. - FY2022-Q2MaterialisedAnnual report
「In the domestic economy, manufacturing sentiment improved against the backdrop of firm exports to the United States and China, but disruptions in the supply of parts from countries and regions affected by the spread of COVID-19 led some companies to suspend production. In addition, the continued state of emergency declarations prompted by the spread of variants slowed the growth of consumption, and the recovery of the domestic economy proceeded unevenly.」
Disruptions in parts supplies and production, and the continued state of emergency declarations due to variants, actually occurred as a result of the spread of COVID-19, and the impact on supply chains and the business environment has continued. - FY2022-Q1MitigatedAnnual report
「At customer sites, production and operating rates among domestic customers generally showed signs of recovery, while profitability improved in the Middle East as the company was able to contain the operating costs incurred in the previous fiscal year.」
The decline in customers' operating rates that became apparent in the previous fiscal year due to the impact of COVID-19 showed signs of recovery in Japan, and profitability at customer sites also improved. However, the company stated that recovery varied across regions worldwide. - FY2021MaterialisedAnnual report
「In the General Transportation and 3PL businesses, profitability improved as domestic delivery efficiency increased, but the impact of COVID-19 resulted in a substantial decline in the transportation of raw materials and products, both in Japan and overseas. At customer sites, production and operating rates showed signs of improvement, but did not recover for the full year, and the volume of work declined.」
The decline in raw-material and product transportation and customer-site operations caused by the COVID-19 pandemic was reflected in the logistics business for the full year, with revenue down 5.2% and segment profit down 11.8%. - FY2021-Q3MaterialisedAnnual report
「In international logistics, project-related overseas transportation and emergency air freight increased, but handling of imports and exports in Japan and overseas declined due to the impact of COVID-19, and chemical product export operations in the Middle East had not recovered. In general logistics, warehouse and transportation operations in China continued to recover, but revenue and profit declined due to decreases in domestic office relocation work and transportation of products and raw materials caused by the impact of COVID-19. In on-site operations, domestic customers' production and operating rates improved slightly during the current accounting period, but had not recovered compared with the same quarter of the previous year, resulting in lower revenue and profit.」
Due to the impact of COVID-19, imports and exports, domestic office relocation and product and raw-material transportation, and customers' production and operating rates had not recovered compared with the previous year, and the impact continued to be reflected in lower revenue and profit in the logistics business. - FY2021-Q2MaterialisedAnnual report
「At on-site operations, major domestic and overseas customers significantly reduced their operating rates due to the impact of COVID-19. The resulting sharp declines in production and shipment volumes led to lower revenue and profit, and the logistics business as a whole also recorded declines in revenue and profit.」
The decline in customers' operating rates and in production and shipment volumes caused by COVID-19 continued into the first half, resulting in lower revenue and profit in the logistics business. - FY2021-Q1MaterialisedAnnual report
「The chain of supply chain disruptions and confusion in procurement, manufacturing, sales, and transportation originating in China did not subside, and conditions remained extremely challenging.」
Disruption and confusion in customers' supply chains continued as COVID-19 spread, affecting operating results in the logistics business through declines in transportation of manufactured products and parts and in on-site operations. - FY2020First statedAnnual report
「In response to the global COVID-19 pandemic, the company has implemented various measures to prevent infection and its spread and is working to ensure business continuity across the group. However, if disruption or confusion in customers' supply chains persists for an extended period, it may affect the group's operating results and financial position.」
In response to the global spread of COVID-19, the company has for the first time separately identified the potential impact on operating results and financial position if disruption and confusion in customers' supply chains persist for an extended period. Although the global pandemic itself occurred during the fiscal year, prolonged supply chain impacts are presented as a possibility.