Impact of the spread of COVID-19 on demand for economic and commercial facilities
First written in FY2020-Q2. 6 of 14 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1MitigatedAnnual report
「The commercial environment remained generally firm, although personal consumption had begun to show signs of weakness due to higher prices, as inbound demand reached a scale exceeding pre-pandemic levels.」
It states that the business environment is recovering, with inbound demand reaching levels above those seen before the pandemic despite the continuing impact of COVID-19. - FY2023-Q3MitigatedAnnual report
「As COVID-19 was classified as a Class 5 infectious disease, restrictions on social activity were eased further, and personal consumption sentiment showed signs of recovery.」
It states that the reclassification of COVID-19 as a Class 5 infectious disease further eased restrictions on social activity and led to a recovery in personal consumption sentiment. - FY2023-Q2MitigatedAnnual report
「Restrictions on social activity due to COVID-19 were gradually eased, personal consumption was recovering moderately, and inbound demand was beginning to show signs of a full-fledged recovery.」
It states that the easing of restrictions on social activity has brought signs of recovery in personal consumption and inbound demand. - FY2022MaterialisedAnnual report
「Revenue from repair services and construction services for residential environments struggled to grow, due to difficulties in recruiting personnel and, for construction services for residential environments, the completion of a major recall project and the impact of postponed or cancelled visits resulting from infection with COVID-19.」
It states that the impact of COVID-19 was reflected in sluggish sales growth for residential building services through postponed and cancelled visits. - FY2022-Q3RestatedAnnual report
「The Company will continue to monitor the impact of the spread of COVID-19 on its performance.」
The Company reiterates its stance of continuing to monitor the impact of COVID-19 on performance. - FY2022-Q2RestatedAnnual report
「The Company will continue to monitor the impact of the spread of COVID-19 on its performance.」
The Company reiterates its stance of continuing to monitor the impact of COVID-19 on performance. - FY2022-Q1RestatedAnnual report
「The Company will continue to monitor the situation regarding COVID-19 while implementing infection prevention measures and other initiatives.」
Regarding the impact of COVID-19 on its business, the Company reiterates its stance of monitoring the situation while continuing infection prevention measures. - FY2021MaterialisedAnnual report
「This was due to the impact of stagnation in markets for housing and commercial facilities, which are closely related to the Group’s business, resulting from the spread of COVID-19.」
The Company explains that stagnation in the housing and commercial facility markets materialized in its results as lower revenue, a sharp decline in profit and a net loss for FY2021. - FY2021-Q3RestatedAnnual report
「On the other hand, the Company was affected by delays in construction site work resulting from the spread of COVID-19.」
Delays in construction site work caused by the spread of COVID-19 continued to occur. - FY2021-Q2MaterialisedAnnual report
「In the construction industry, including commercial facilities, demand for interior work at commercial facilities and offices has declined substantially due to the impact of the spread of COVID-19.」
The decline in demand for interior construction of commercial facilities and offices caused by the spread of COVID-19 continued during the quarter. - FY2021-Q1MaterialisedAnnual report
「In the construction industry, including commercial facilities, demand for interior work at commercial facilities and offices has declined substantially due to the impact of the spread of COVID-19.」
The decline in demand for interior construction of commercial facilities and offices caused by the spread of COVID-19 continued during the quarter and actually occurred. - FY2020MaterialisedAnnual report
「On the other hand, the Company was affected by delays in construction site work resulting from the spread of COVID-19.」
The Company states that the spread of COVID-19 actually affected performance during the fiscal year through delays in construction site work, a significant decline in demand for interior construction of commercial facilities and offices, the suspension of sales activities, and the postponement or cancellation of projects. - FY2020-Q3MaterialisedAnnual report
「On the other hand, the Company was affected by delays in construction site work resulting from the spread of COVID-19.」
The Company states that it actually experienced delays in construction site work due to the spread of COVID-19, indicating that the impact on business operations has materialized from the previous stage of simply monitoring developments. - FY2020-Q2First statedAnnual report
「The Company will continue to monitor the impact of the spread of the novel coronavirus (COVID-19) on its business.」
The Company has, for the first time, separately disclosed the impact of the spread of COVID-19 on its business. In addition to downside economic risk, it states that signs of declining demand have emerged for interior construction of commercial facilities such as hotels and stores, indicating that the impact on demand has begun to materialize.