Business continuity risk from natural disasters and infectious diseases
First written in FY2016. 4 of 14 entries say "Materialised", first in FY2020. Latest entry: FY2023.
The whole theme swung hardest in 2020: 22 of 111 companies on the "Worse" side.
- FY2023MitigatedAnnual report
「As a certain degree of visibility was obtained regarding the end of the COVID-19 pandemic, a decision was made to close some of the satellite offices in question.」
It decided to close some of the satellite offices established as a COVID-19 countermeasure, citing a certain degree of visibility regarding the end of the pandemic, indicating that the business impact has eased. - FY2023-Q3MitigatedAnnual report
「In the information services industry in which our group operates, the impact of project postponements and other effects of the COVID-19 pandemic was limited. In addition, against a backdrop of the spread of new technologies such as AI and IoT and the shift to cloud computing, initiatives toward DX (digital transformation) increased, and the order environment remained favorable amid strong demand for IT investment.」
It states that the impact of project postponements and other effects of the COVID-19 pandemic was limited and that the order environment in the information services industry remained favorable. This indicates that the business impact of the pandemic has eased. - FY2023-Q1WorsenedAnnual report
「In addition to rapidly rising prices caused by the prolonged situation in Ukraine and the weakening yen, the rapid spread of new COVID-19 variants has recently raised concerns about a downturn in the economy.」
It states that COVID-19 variants are spreading rapidly at present and maintains concerns over an economic downturn associated with the pandemic. - FY2022-Q3WorsenedAnnual report
「However, with the emergence and spread of new variants, the outlook remains uncertain.」
It states that, regarding COVID-19, the outlook remains uncertain due to the emergence and spread of new variants. - FY2022-Q1WorsenedAnnual report
「Recently, there have been no signs that the COVID-19 pandemic is coming to an end, including the issuance of a fourth state of emergency declaration, raising concerns about a delay in the economic recovery.」
It states that, regarding COVID-19, a fourth state of emergency has been declared, with no signs of the situation coming to an end and concerns over a delayed economic recovery. - FY2021MaterialisedAnnual report
「As a result of recording impairment losses of ¥275 million related to the sale of rental properties and other assets, and COVID-19-related losses of ¥159 million, including costs of preparing the teleworking environment, as extraordinary losses, net income attributable to owners of the parent for the fiscal year was ¥6,373 million, up 0.9% year on year.」
Regarding the infectious disease and business continuity risks, COVID-19-related losses of ¥159 million were recorded as an extraordinary loss, resulting in a full-year financial impact from costs of preparing the teleworking environment and other items. - FY2021-Q3WorsenedAnnual report
「Recently, infections have been rapidly resurging both in Japan and overseas, raising concerns about a further deterioration in the economy.」
It describes the deterioration in the environment surrounding the previously recognised infectious disease and business continuity risks, as COVID-19 infections rapidly resurged in Japan and overseas and concerns arose about a further economic deterioration. - FY2021-Q2MaterialisedAnnual report
「After recording ¥159 million in COVID-19-related losses, including costs of preparing the teleworking environment, as an extraordinary loss and reflecting income taxes and other items, quarterly net income attributable to owners of the parent was ¥2,880 million, up 3.0% year on year.」
Regarding the infectious disease and business continuity risks, COVID-19-related losses of ¥159 million were recorded as an extraordinary loss, resulting in an actual financial impact from costs of preparing the teleworking environment and other items. - FY2021-Q1MaterialisedAnnual report
「After recording ¥97 million in COVID-19-related losses as an extraordinary loss and reflecting income taxes and other items, quarterly net income attributable to owners of the parent was ¥1,372 million, up 22.1% year on year.」
Regarding the previously recognised infectious disease and business continuity risks, COVID-19-related losses of ¥97 million were recorded as an extraordinary loss, resulting in an actual financial impact. - FY2020MaterialisedAnnual report
「There remains a possibility that infectious diseases on a global scale, including the COVID-19 pandemic that is currently spreading worldwide, may occur in the future.」
It states that the previously recognised business continuity risk from infectious diseases has actually materialised in the form of the global spread of COVID-19. - FY2020-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no new occurrences or material changes in existing risks, including the business continuity risk from natural disasters and infectious diseases. - FY2019RestatedAnnual report
「If natural disasters such as earthquakes or infectious diseases such as new strains of influenza cause catastrophic damage to major business sites or other facilities of our group, or affect many employees, the resulting restoration and response costs could be substantial and may affect the operating results of our group. To address this risk, we undertake business continuity response activities in preparation for such events or the possibility that they may occur.」
It reconfirms the business continuity risk from natural disasters, infectious diseases and other events, along with business continuity measures prepared for their occurrence. - FY2017RestatedAnnual report
「If natural disasters such as earthquakes or infectious diseases such as new strains of influenza cause catastrophic damage to major business sites or other facilities of our group, or affect many employees, the resulting restoration and response costs could be substantial and may affect the operating results of our group.」
It restates the business continuity risk from natural disasters and infectious diseases and the response activities for maintaining business continuity. - FY2016First statedAnnual report
「If natural disasters such as earthquakes or infectious diseases such as new strains of influenza cause catastrophic damage to major business sites or other facilities of our group, or affect many employees, the resulting restoration and response costs could be substantial and may affect the operating results of our group.」
It describes response activities for business continuity and the establishment of an emergency response headquarters based on the business continuity plan.