Impact of COVID-19 on Business Activities and Earnings
First written in FY2020-Q3. 5 of 11 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2024.
Hob 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 2020: 104 of 176 companies on the "Worse" side.
38 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual report
「During the consolidated fiscal year under review, Japan’s economy showed signs of a gradual recovery, but the outlook remained uncertain as the protracted tensions surrounding Ukraine, higher global resource prices, soaring logistics costs and the weaker yen led to substantial inflation.」
This annual securities report contains no identifiable disclosure regarding the impact of the spread of COVID-19 on business activities or earnings. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period under review, Japan’s economy was affected by the resurgence of COVID-19, but signs of normalization in economic activity emerged as restrictions on activities were gradually eased.」
While the impact of the resurgence of COVID-19 remains, signs of normalization in economic activity resulting from the easing of restrictions on activities have also emerged. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period under review, Japan’s economy was affected by the resurgence of COVID-19, but signs of normalization in economic activity emerged as restrictions on activities were gradually eased.」
While the impact of the resurgence of COVID-19 remains, signs of normalization in economic activity resulting from the easing of restrictions on activities have also emerged. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period under review, some deliveries had to be suspended due to the impact of COVID-19.」
Delivery suspensions in the transportation business due to the impact of COVID-19 continue to occur. - FY2022-Q2RestatedAnnual report
「During the six-month period of the current fiscal year, some deliveries were suspended due to the impact of COVID-19. However, sales and profit both increased as the Company focused on efficient operations, including shifting deliveries for general cargo shippers to in-house delivery, and worked to reduce expenses.」
While some delivery suspensions due to COVID-19 continued to occur, revenue and profit in the transportation business increased as a result of switching to in-house deliveries and reducing expenses. - FY2022-Q1MaterialisedAnnual report
「During the cumulative consolidated period through the first quarter, demand declined due to the resurgence of COVID-19 infections. However, sales of the company’s proprietary variety 「夏瑞／なつみずき」 generally remained on track, supported by an increase in the volume handled for gifts for fresh consumption through department stores and other outlets, as well as the popularity of sweets and other products made with the variety for commercial use.」
While lower demand due to the resurgence of COVID-19 continued to occur, fruit sales for the company’s own varieties generally remained solid, supported by higher volumes handled in gift sales and increased attention to sweets and other products. - FY2021MaterialisedAnnual report
「The business activities of the Group were also affected by the spread of COVID-19, including lower demand for strawberries, fresh produce and other products.」
The impact of the spread of COVID-19 actually occurred in the form of lower demand for strawberries, fresh produce and other products, as well as delivery suspensions. - FY2021-Q3MaterialisedAnnual report
「During the cumulative third-quarter period under review, some deliveries had to be suspended due to the impact of COVID-19.」
The impact of COVID-19 actually occurred in the form of delivery suspensions in the transportation business. - FY2021-Q2MaterialisedAnnual report
「Other varieties followed the same trend. In addition to shipments increasing during an unanticipated period, the impact of lower demand caused by the resurgence of COVID-19 compounded the situation, making sales difficult.」
Lower demand caused by the resurgence of COVID-19 actually occurred in the form of difficulty selling strawberries. The transportation business also reported that some deliveries had been suspended due to the impact of the infection. - FY2021-Q1MaterialisedAnnual report
「Other varieties showed a similar trend. In addition to shipments increasing at an unexpected time, demand declined as COVID-19 infections resurged, and sales remained difficult throughout the first quarter.」
Lower demand caused by the resurgence of COVID-19 actually occurred in the form of difficulty selling strawberries. - FY2020-Q3First statedAnnual report
「Depending on how the COVID-19 pandemic develops, it may affect our business activities and ability to generate profit, and we will continue to monitor the situation closely.」
The spread of COVID-19 was first explicitly identified as a new business risk that could affect business activities and profit generation. No specific financial impact or realized effects were stated in the text.