Business Impact of Natural Disasters and COVID-19
First written in FY2022. 3 of 5 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2025.
The whole theme swung hardest in 2024: 7 of 36 companies on the "Worse" side.
66 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We recognize this as an important risk because a disaster causing extensive damage to our sites or employees’ residences could materially affect our business and disrupt smooth operations.」
The business continuity risk from natural disasters and responses including BCP, multiple sites and remote work continue to be disclosed. - FY2023MitigatedAnnual report
「Consumer activity showed signs of recovery, particularly in personal consumption and inbound demand, as various restrictions were eased, including the reclassification of COVID-19 from Category 2 to Category 5 under the law.」
The company continues to describe an easing impact of COVID-19 on the business environment. - FY2023-Q3MitigatedAnnual report
「In light of the easing of various restrictions and the reclassification of COVID-19 as a Category 5 infectious disease, we changed the assumption used in our accounting estimates to one under which the impact of COVID-19 would become limited.」
The assumption underlying accounting estimates was changed from continued impact to an assumption that the impact of COVID-19 would become limited. - FY2023-Q2MitigatedAnnual report
「Consumer activity showed signs of recovery as restrictions on activities related to COVID-19 were substantially eased.」
Rather than describing natural disaster risk generally, the company reports an external environment in which restrictions related to COVID-19 and their impact on consumer activity were easing. - FY2022First statedAnnual report
「We recognize this as an important risk because a disaster causing extensive damage to our sites or employees’ residences could materially affect our business and disrupt smooth operations.」
The company cites business continuity planning, multiple sites and remote work as responses to natural disasters, and expansion of sales from totono and other services as a diversification measure for infectious diseases.