Business Continuity Risks from COVID-19 and Natural Disasters
First written in FY2020. 4 of 14 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2025.
Innotech moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 20 of 38 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「If earthquakes, typhoons, floods or other natural disasters, a global outbreak of a serious infectious disease, or the emergence of geopolitical risks occurs in those regions, sales activities may stagnate, procurement of products and components may become difficult, and situations affecting the lives of employees may arise, potentially affecting the execution of business plans and operating performance.」
The company has explicitly added geopolitical risks associated with the expansion of overseas operations to the existing risks from natural disasters and infectious diseases. - FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company states that there have been no significant changes regarding business continuity risks from COVID-19 and natural disasters. - FY2024-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company states that there have been no significant changes regarding business continuity risks from COVID-19 and natural disasters. - FY2023-Q2MitigatedAnnual report
「As measures against COVID-19 were eased, socioeconomic activity normalized and signs of an economic recovery emerged, supported by the recovery in personal consumption and capital investment」
The company states that socioeconomic activity normalized as measures against infectious diseases were eased, with signs of recovery in personal consumption and capital investment. - FY2023-Q1MitigatedAnnual report
「As measures against COVID-19 were eased, socioeconomic activity gradually normalized, and signs of an economic recovery emerged, supported by the recovery in personal consumption」
As measures against infectious diseases were eased, socioeconomic activity normalized and signs of a recovery emerged in the business environment. - FY2022RestatedAnnual report
「Although the impact of COVID-19 continued in some areas, the company took steps to resume business activities, including exhibiting at trade shows after implementing thorough infection-prevention measures.」
Although the impact of infectious diseases continues in some areas, the company continues to resume business activities, including exhibiting at trade shows, subject to infection-prevention measures. - FY2022-Q3RestatedAnnual report
「Although the impact of COVID-19 continued in some areas, the company took steps to resume business activities, including exhibiting at trade shows after implementing thorough infection-prevention measures.」
Although the impact of infectious diseases continues in some areas, the company continues efforts to resume business activities, including exhibiting at trade shows subject to infection-prevention measures. - FY2022-Q2MitigatedAnnual report
「Although the impact of COVID-19 continued in some areas, the company took steps to resume business activities, including exhibiting at trade shows after implementing thorough infection-prevention measures.」
Although the impact of infectious diseases continues in some areas, the company is taking steps to resume business activities, including exhibiting at trade shows, subject to infection-prevention measures. - FY2022-Q1MitigatedAnnual report
「Although the impact of COVID-19 continued in some areas, the company took steps to resume business activities, including exhibiting at trade shows after implementing thorough infection-prevention measures.」
Although the impact of infectious diseases continues in some areas, the company is taking steps to resume business activities, including exhibiting at trade shows, subject to infection-prevention measures. - FY2021MaterialisedAnnual report
「Although reliability test systems for foundries and contract services mainly for the automotive sector and related areas were sluggish due to the impact of COVID-19, demand for memory testers improved and sales of payment terminals remained firm, resulting in」
The business continuity risk from infectious diseases has appeared in full-year results in the form of sluggish reliability test systems and contract services for the automotive sector. - FY2021-Q3MaterialisedAnnual report
「Although reliability test systems for foundries and contract services mainly for the automotive sector and related areas were sluggish due to the impact of COVID-19, demand for memory testers improved and sales of payment terminals remained firm, resulting in」
The business continuity risk from infectious diseases continues to materialize in the form of sluggish foundry-focused reliability test systems and contract services for the automotive sector. - FY2021-Q2MaterialisedAnnual report
「Although demand for memory testers improved and payment terminal sales remained firm, reliability test systems mainly for foundries and contract services for automotive-related applications and other areas remained sluggish due to the impact of COVID-19, resulting in」
The business continuity risk from COVID-19 has materialized in the form of sluggish foundry-focused reliability test systems and contract services for the automotive sector. - FY2021-Q1MaterialisedAnnual report
「While probe cards for foundries and reliability test systems remained sluggish due to the impact of COVID-19, demand for memory testers improved and payment terminal sales remained firm, resulting in」
The business continuity risk from COVID-19 has materialized in the form of sluggish foundry-focused probe card and reliability test system businesses. - FY2020First statedAnnual report
「If earthquakes, typhoons, floods or other natural disasters, or a global outbreak of a serious infectious disease, occurs in those regions, sales activities may stagnate, procurement of products and components may become difficult, and situations affecting the lives of employees may arise, potentially affecting the execution of business plans and operating performance.」
The company has identified the potential impact of natural disasters and serious infectious disease outbreaks in its operating regions, primarily Japan and Asia, on sales, procurement, employee safety and operating performance as a new major risk.