Risks to Production, Raw Material Supply and Business Performance from COVID-19
First written in FY2020. 8 of 14 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2024.
Takizawa Ham 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: 103 of 175 companies on the "Worse" side.
52 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「During the consolidated fiscal year, the Japanese economy saw socioeconomic activity normalize as COVID-19 transitioned to a Category 5 infectious disease, and the economy has been recovering moderately.」
The transition of COVID-19 to Category 5 advanced the normalization of socioeconomic activity, indicating that the disease's former impact on the business environment was weakening. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the consolidated fiscal year, the Japanese economy saw socioeconomic activity normalize as COVID-19 transitioned to Category 5, and the economy has been recovering moderately.」
The company states that the transition of COVID-19 to Category 5 has advanced the normalization of socioeconomic activity. The disease's former impact on the business environment continues to weaken. - FY2024-Q2RestatedAnnual report
「The Japanese economy during the cumulative second quarter of the consolidated fiscal year saw socioeconomic activity normalize as COVID-19 transitioned to Category 5, and changes in consumer behavior became evident.」
The company states that the transition of COVID-19 to Category 5 has advanced the normalization of socioeconomic activity. While the disease's former impact on the business environment continues to weaken, changes in consumer behavior remain. - FY2024-Q1MitigatedAnnual report
「During the first three months of the fiscal year, socioeconomic activity continued to normalize following the reclassification of COVID-19 as a Class 5 disease. However, the outlook remained unforeseeable due to the prolonged situation in Ukraine, surging resource and raw material prices, and higher prices resulting from the weaker yen.」
The company states that the transition of COVID-19 to Category 5 has advanced the normalization of socioeconomic activity, indicating that the impact of the disease on the business environment is weakening. Other external-environment risks, however, continue. - FY2023-Q2WorsenedAnnual report
「During the first six months of the fiscal year, the outlook remained uncertain due to the rapid renewed spread of COVID-19 variants, the prolonged situation in Ukraine and higher prices resulting from the weaker yen.」
The company describes a business environment in which infections are rapidly resurging due to variant strains. It does not state that production stoppages or raw material supply stoppages occurred. - FY2022MaterialisedAnnual report
「Difficult business conditions continued, as higher raw material prices resulting from the pandemic and the situation in Ukraine, global supply chain disruptions, soaring energy prices and inflation further strengthened consumers' focus on saving.」
The impact of COVID-19 on demand and supply conditions has continued, with actual effects emerging in raw material prices, the supply chain, energy prices and consumer sentiment. - FY2022-Q3MaterialisedAnnual report
「During the first nine months of the fiscal year, economic activity continued to stagnate due to the spread of COVID-19 variants. Although the economy showed signs of recovery after vaccinations progressed and the number of infections began to decline, the outlook again became unforeseeable due to the further spread of variants.」
The spread and expansion of variant strains have prolonged stagnant economic activity and uncertainty about the outlook, and risks related to business performance and demand conditions from COVID-19 have emerged in the actual business environment. - FY2022-Q2MaterialisedAnnual report
「In this industry, consumer sentiment continues to weaken as the periods covered by states of emergency and priority preventive measures in multiple regions have been extended. In addition, higher raw material and other costs have driven up expenses, leaving the business environment challenging.」
The continued extension of declarations and measures related to COVID-19 has had an actual impact on the business environment through weaker consumer sentiment and stagnant economic activity. - FY2022-Q1MaterialisedAnnual report
「In this industry, the timing of a resolution remained unforeseeable due to extensions and intermittent implementation of states of emergency and priority preventive measures in some regions. Consumer sentiment continued to weaken, leaving the business environment challenging.」
The company states that, although revenue from the food-service segment and other areas recovered from ¥19 million in the same period of the previous year to ¥28 million, the impact of COVID-19 continued. - FY2021MaterialisedAnnual report
「In the Other segment, the impact of COVID-19 continued for an extended period, and revenue from the food-service segment and other areas was ¥112 million, down 24.1% year on year.」
The decline in food-service demand resulting from the prolonged impact of COVID-19 was reflected in full-year results, and revenue in the Other segment decreased 24.1% year on year. - FY2021-Q3MaterialisedAnnual report
「In this industry, demand for eating at home increased in response to calls to refrain from going out and the promotion of teleworking, but the business environment remained uncertain due to deteriorating consumer sentiment and the prolonged spread of infection.」
While sales to the food-service industry declined as the impact of COVID-19 continued for an extended period, sales to convenience stores and mass retailers, responding to demand for at-home consumption, continued to increase. - FY2021-Q2MaterialisedAnnual report
「In the processed meat products segment, sales to the food-service industry remained sluggish, while sales of prosciutto and bacon to convenience stores and mass retailers increased.」
While sales to the food-service industry remained sluggish amid the impact of COVID-19, demand shifted to products for convenience stores and mass retailers. The company does not state that employee infections or raw material supply stoppages occurred. - FY2021-Q1MaterialisedAnnual report
「Although demand for home consumption increased as the government issued a state of emergency and requests were made to refrain from nonessential outings, while telework increased time spent at home, the business environment remained difficult, with demand from food-service operators declining.」
As the spread of COVID-19 caused demand from the food-service industry to actually decline, it affected revenue and sales in the food-service segment and other areas during the quarter. The company does not state that employee infections or raw material supply stoppages occurred. - FY2020First statedAnnual report
「The group is taking measures to prevent the spread of infection, giving top priority to the safety of its business partners and employees. However, if employees become infected with COVID-19, production capacity could be disrupted, potentially affecting the group's business performance. In addition, if the impact of COVID-19 on suppliers and business partners expands, adverse effects arising from human, physical and financial factors could affect the stable supply of raw materials to the group and cause fluctuations in procurement prices, potentially affecting the group's business performance and financial position.」
Separate from general disaster risks such as earthquakes and infectious diseases, the company has for the first time identified COVID-19 as an independent risk, citing the possibility of reduced production capacity from employee infections and raw material supply and price fluctuations through suppliers and business partners.