Impact on operations from the spread of COVID-19
First written in FY2021. 3 of 8 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024-Q1MitigatedAnnual report
「During the cumulative first-quarter period (1 April 2023–30 June 2023), Japan's economy was gradually recovering as economic activity normalized following the easing of COVID-19-related restrictions on behavior.」
Regarding COVID-19, the Company describes the easing of restrictions on behavior and the normalization of economic activity, indicating an improvement in the external environment from the uncertainty caused by renewed infections and the eighth wave described through the previous quarter. It also states that there were no significant changes to the principal risks. - FY2023-Q3WorsenedAnnual report
「During the cumulative third-quarter period (1 April 2022–31 December 2022), Japan's economy was beginning to recover against the backdrop of the resumption of economic activity as lifestyles adapted to living with COVID-19 took hold. However, the outlook remained uncertain due to the renewed spread of infections in the eighth wave, a global rise in raw material costs stemming from the situation in Ukraine, higher import prices caused by the sharp depreciation of the yen, and a slowdown in overseas economies.」
The Company refers to the resumption and recovery of economic activity while explicitly noting the renewed spread of infections in the eighth wave, indicating that uncertainty in the external environment related to the infection continues. - FY2023-Q2RestatedAnnual report
「The company is working to provide services that anticipate changes in consumer behavior and technology and address diverse customer needs, based on its management vision, “Anticipating change and continuing to advance people’s inspiring experiences,” while continuing to implement measures to prevent the spread of COVID-19.」
The Company reaffirmed its policy of operating the business while continuing infection-prevention measures. Although restrictions on economic activity have been eased, the situation in which infections repeatedly spread and subside remains. - FY2023-Q1RestatedAnnual report
「The company is working to achieve, at a deeper level, a customer-focused response to diverse customer needs based on its management vision, “Anticipating change and continuing to advance people’s inspiring experiences,” while continuing to implement measures to prevent the spread of COVID-19.」
The Company reaffirmed its policy of operating the business while continuing measures to prevent the spread of COVID-19. - FY2022RestatedAnnual report
「Even amid the spread of COVID-19, the Company's basic policy has been to continue providing its logistics outsourcing services, which support the maintenance of social infrastructure, as usual. The Company has implemented infection-prevention measures including encouraging handwashing and gargling, requiring masks and thorough alcohol disinfection, promptly identifying employees in poor health through temperature checks and a reporting system, and using web conferences.」
The Company reaffirmed its policy of continuing logistics outsourcing services as usual and its infection-prevention measures, while also disclosing the risks of lower FC operations and delays in receivables collection during a widespread outbreak. - FY2022-Q3Continued impact alongside signs of recoveryAnnual report
「During the cumulative third-quarter period, restrictions on economic activity were repeatedly imposed as the spread of COVID-19 led to repeated declarations of a state of emergency and the implementation of priority preventive measures. Although the decline in infections from autumn onward raised signs that the economy was beginning to recover, the outlook remained uncertain due to factors including the emergence of new variants.」
While the impact of restrictions on economic activity caused by the spread of the infection continued, the Company also described signs of recovery resulting from the decline in infections from autumn onward, with uncertainty over the outlook due to variants persisting at the same time. - FY2022-Q2WorsenedAnnual report
「During the cumulative second-quarter period, Japan's economy remained in a difficult environment in which economic activity was significantly restricted, as the government repeatedly issued states of emergency and other measures while the impact of COVID-19 continued for an extended period.」
The Company describes the prolonged impact of the infection, repeated states of emergency and concerns over the sixth wave as part of the economic environment, indicating heightened external environmental risk factors. However, it states that there were no significant changes to the risk disclosures in this quarterly report. - FY2021First statedAnnual report
「To avoid, to the greatest extent possible, suspending operations due to the spread of COVID-19, the Company has implemented preventive measures during working hours.」
While conducting temperature checks, handwashing and gargling, and collecting information on infected persons, the Company identifies infections among officers, employees and others as a risk that could affect operating results and financial position.