Business Impacts of COVID-19 and the Pandemic
First written in FY2020. 11 of 16 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
51 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「During the current consolidated fiscal year, after COVID-19 was reclassified as a Class 5 infectious disease, the economy remained on a gradual recovery trend, partly due to the effects of various policies.」
It explains that, following the reclassification of COVID-19 as a Class 5 infectious disease, the economy remained on a gradual recovery trend, and that its recognition of the pandemic’s impact on the domestic economy has eased further. - FY2024-Q3MitigatedAnnual report
「During the first 9 months of the current consolidated fiscal year, after COVID-19 was reclassified as a Class 5 infectious disease, the normalization of social and economic activity progressed further and the economy gradually recovered.」
It indicates that, following the reclassification of COVID-19 as a Class 5 infectious disease, the normalization of social and economic activity progressed further and the economy is gradually recovering. - FY2024-Q2MitigatedAnnual report
「During the first 6 months of the current consolidated fiscal year, after COVID-19 was reclassified as a Class 5 infectious disease, the normalization of social and economic activity progressed further and the economy gradually recovered.」
It explains that, following the reclassification of COVID-19 as a Class 5 infectious disease, the normalization of social and economic activity progressed further and the domestic economy gradually recovered. - FY2024-Q1MitigatedAnnual report
「During the first 3 months of the current consolidated fiscal year, the Japanese economy showed signs of a recovery in social activity, partly because COVID-19 was reclassified as a Class 5 infectious disease.」
It explains that social activity showed signs of recovery following the reclassification of COVID-19 as a Class 5 infectious disease. - FY2023MitigatedAnnual report
「The impact of the spread of COVID-19 on operations has been relatively limited in Japan, while the impact on the company’s US subsidiary is showing signs of recovery.」
It explains that the pandemic’s impact on operations has been relatively limited in Japan and is showing signs of recovery at the US subsidiary. It states that measures to prevent the spread of the pandemic will continue. - FY2023-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, the Japanese economy, although affected by rising prices resulting from the ongoing situation in Ukraine and other factors, showed signs of a gradual recovery as social and economic activity moved toward normalization due to various government policies related to COVID-19.」
The company continues to recognize that social and economic activity is moving toward normalization and the domestic economy is gradually recovering as a result of measures to combat the pandemic and various government policies. - FY2023-Q2MitigatedAnnual report
「Although affected by rising prices resulting from the spread of COVID-19 and the worsening situation in Ukraine, the economy showed signs of a gradual recovery as social and economic activity moved toward normalization.」
It states that the effects of the pandemic and the situation in Ukraine remain, while social and economic activity is normalizing and the economy is gradually recovering. - FY2023-Q1MitigatedAnnual report
「During the first quarter of the current consolidated fiscal year, the Japanese economy showed signs of recovery as economic activity normalized while measures against COVID-19 progressed.」
The company explains that, despite the impact of COVID-19, the domestic economy showed signs of recovery as measures progressed and economic activity normalized. - FY2022MitigatedAnnual report
「The impact of the spread of COVID-19 on the business is relatively minor in Japan, but appears to be affecting the company's US subsidiary.」
The company explains that the impact of COVID-19 is relatively minor in Japan, while an impact remains on its US subsidiary. - FY2022-Q3WorsenedAnnual report
「During the third quarter of the current consolidated fiscal year, vaccinations against COVID-19 progressed and the spread of infection temporarily subsided, but the renewed spread caused by a new variant has made the outlook impossible to predict.」
The company explains that the spread of infection temporarily subsided as a result of vaccinations, but the renewed spread caused by a new variant has made the outlook impossible to predict. - FY2022-Q2MitigatedAnnual report
「During the second quarter of the current consolidated fiscal year, the Japanese economy remained in a difficult situation due to the impact of COVID-19. However, the declining trend in new cases has recently become pronounced nationwide, and personal consumption has been gradually recovering as various restrictions have been eased, although the outlook remains uncertain.」
Although the difficult situation caused by COVID-19 and uncertainty over the outlook remain, the company reported a decline in new cases, the easing of restrictions and a recovery in personal consumption, partially easing its assessment from the previous quarter. - FY2022-Q1MitigatedAnnual report
「During the first quarter of the current consolidated fiscal year, the Japanese economy remained in a difficult situation due to the impact of COVID-19, but overall signs of a gradual recovery continued. Going forward, while expecting vaccination to be promoted as a measure to prevent the spread of COVID-19 and the economic recovery to continue, it will be necessary to pay close attention to the impact of infection trends on the domestic and overseas economies.」
The difficult economic situation caused by COVID-19 continued, but the company reported signs of a gradual overall recovery and expectations for vaccinations, partially easing its description from the previous quarter's situation that was difficult to predict due to the renewed spread of infection. - FY2021-Q3WorsenedAnnual report
「During the third quarter of the current consolidated fiscal year, the Japanese economy remained in a difficult situation due to the impact of COVID-19. Domestic corporate earnings continued to decline significantly due to the impact of the infection, but the rate of decline had generally begun to narrow, supported by the effects of various policies and improvements in overseas economies. However, the renewed spread of the infection in the latter half of the quarter has created a situation that warrants close monitoring.」
The company explains that the difficult economic situation caused by COVID-19 continued, and that the renewed spread of the infection in the latter half of the quarter created a situation that warrants close monitoring. - FY2021-Q2MitigatedAnnual report
「During the second quarter of the current consolidated fiscal year, the Japanese economy remained in a difficult situation due to the impact of COVID-19. However, economic activity was gradually resuming, and signs of a recovery were emerging.」
The difficult situation caused by COVID-19 continued, but the company reported the gradual resumption of economic activity and signs of a recovery, partially easing its description from the previous quarter's extremely severe situation. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, the Japanese economy was in an extremely severe situation due to the impact of COVID-19, while social and economic activity was being increased through the implementation of measures to prevent the spread of infection.」
The company describes the domestic economy as being in an extremely severe situation due to COVID-19, indicating that the external environment has become more difficult than when it stated at the end of the previous fiscal year that the impact was “currently minor.” - FY2020First statedAnnual report
「The Group’s performance may be affected by stagnation in consumer markets and other factors if large-scale natural disasters, COVID-19, seasonal influenza, or other pandemics impose severe restrictions on the political and economic environment.」
The company has identified, for the first time, restrictions on the political and economic environment and stagnation in consumer markets caused by COVID-19 and the pandemic as standalone business risks. However, as of the end of the current fiscal year, it states that “the impact of the spread of COVID-19 on the business is currently minor.”