Reduced Usage, Business Suspensions and Cash Outflows Resulting from the Spread of COVID-19
First written in FY2020. 4 of 14 entries say "Mitigated", first in FY2023. Latest entry: FY2025.
The whole theme swung hardest in 2025: 6 of 21 companies on the "Worse" side.
19 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「This was attributable to a ¥260 million (3.9%) increase as revenue and the number of cases in the home-care services business recovered to pre-pandemic levels, and a ¥140 million (5.5%) increase in the comprehensive services business for seniors, mainly due to higher revenue from angel care services.」
Revenue and the number of cases in the home-care services business, which had declined because of the impact of COVID-19, recovered to pre-pandemic levels. - FY2024MitigatedAnnual report
「This was attributable to a ¥260 million (3.9%) increase as revenue and the number of cases in the home-care services business recovered to pre-pandemic levels, and a ¥140 million (5.5%) increase in the comprehensive services business for seniors, mainly due to higher revenue from angel care services.」
The company states that revenue and the number of cases in the home-care services business, which had declined under the impact of COVID-19, recovered to pre-pandemic levels. - FY2024-Q1MitigatedAnnual report
「In this business, day-care revenue gradually recovered as the pandemic subsided, but personnel expenses increased because of strengthened recruitment and expanded training across the care business.」
The company states that day-care revenue gradually recovered as the COVID-19 pandemic subsided. - FY2023MitigatedAnnual report
「Although the home-care services business continued to be affected by COVID-19, revenue and the number of cases gradually recovered from the third quarter onward.」
Revenue and the number of cases in the home-care services business recovered from the third quarter onward despite the continuing impact of the pandemic, indicating that the impact was alleviated to a certain extent. - FY2023-Q3Recovery phase amid continuing pandemic impactAnnual report
「During the cumulative third quarter of the current fiscal year, Japan's economy was gradually returning to normal as restrictions on economic activity were eased following the full lifting of priority preventive measures in March 2022, despite repeated increases and decreases in the number of infections.」
Although economic activity gradually returned to normal after all restrictions on activity were lifted, the impact of COVID-19 continued in the home-care services business, particularly reducing revenue from home-visit care services. - FY2023-Q2WorsenedAnnual report
「Since July 2022, consumer activity has shown signs of restraint because of the impact of the seventh wave of COVID-19. Uncertainty has continued amid surging global resource prices, heightened international tensions and the rapid depreciation of the yen. In addition, the company's home-care services business has continued to experience closures, customer suspensions of use and reduced service use because of the impact of COVID-19.」
Consumer restraint caused by the seventh wave and closures, service suspensions and reduced use of home-care services have continued. - FY2022MaterialisedAnnual report
「Although demand for care services remained high, the repeated spread of COVID-19 resulted in multiple day-care facilities repeatedly suspending operations.」
The spread of the pandemic actually resulted in multiple day-care facilities repeatedly suspending operations. The impact of existing risks, including reduced service use and service suspensions at the request of administrative authorities, continues. - FY2022-Q3Variant concerns after activities resumedAnnual report
「The spread of the highly transmissible Delta variant of COVID-19 led to a state of emergency being declared in Tokyo from mid-July through the end of September. Although demand for care services remained high, the company restricted operations for some services to prevent the spread of infection. Operations resumed when the state of emergency was lifted, but the first domestic infection with a new variant, Omicron, was confirmed at the end of November, and it remains necessary to continue monitoring the infection situation.」
After restricting activities for some services during the state of emergency, the company resumed operations when the declaration was lifted. Meanwhile, following confirmation of the first domestic infection with the Omicron variant, vigilance toward pandemic risk continues. - FY2022-Q2RestatedAnnual report
「Although reduced service use continued in the domestic business because of repeated declarations of a state of emergency, the company worked to secure profits with an eye to future expansion while rationalizing and improving the efficiency of existing businesses, and prepared for new development of facilities and other operations to establish a strong dominant area.」
The company reconfirms that reduced use of domestic services continued because of repeated declarations of a state of emergency. - FY2022-Q1WorsenedAnnual report
「Repeated declarations of a state of emergency led to continued reduced use of services in the domestic business.」
The spread of highly transmissible variants and the re-declaration of a state of emergency in Tokyo led to continued reduced use of domestic services. The business impact of the pandemic continued and intensified again. - FY2021-Q3Renewed expansion in the third wave after recoveryAnnual report
「After the state of emergency was lifted in May, service use gradually began to recover, but the spread of the third wave could not be contained, making it necessary to continue monitoring the infection situation.」
Service use gradually recovered after the state of emergency was lifted, but the spread of the third wave continued, and the company reached a stage where it needed to continue monitoring the infection situation. - FY2021-Q2RestatedAnnual report
「Even after the state of emergency was lifted, the end of the COVID-19 pandemic remained unforeseeable, and difficult conditions continued, including reduced use of services in some areas.」
Even after the state of emergency was lifted, the end of the pandemic remained unforeseeable, and the company reconfirms the difficult conditions created by continued reduced use of services in some areas. - FY2021-Q1WorsenedAnnual report
「Even after the state of emergency was lifted, the end of the COVID-19 pandemic remained unforeseeable, and the environment surrounding the care industry continued to be difficult, including reduced use of services in some areas.」
With no end to the spread of COVID-19 in sight, reduced use of care services continued. The company also disclosed lower revenue and profit in its domestic care business and a consolidated operating loss, indicating that the impact on operations continued. - FY2020First statedAnnual report
「If the COVID-19 pandemic is prolonged, the Group's performance may be affected by customers temporarily refraining from using its services and, depending on the extent of the spread, the suspension of services at its facilities for a certain period at the request of administrative authorities. …… As of the end of the fiscal year ended March 2020, the Group held ¥957 million in cash and deposits and borrowed a total of ¥800 million from financial institutions in April 2020. It therefore determined that there was no risk of a liquidity problem arising in the short term. However, if the impact of the pandemic is prolonged beyond the Group's expectations, continued cash outflows are expected, potentially worsening the Group's financial position.」
The company identifies reduced service use, facility closures at the request of administrative authorities, cash outflows and deterioration in its financial position as new major risks related to COVID-19. In practice, day-care service use declined, operations in China were suspended or stagnated, and the number of funerals handled by its angel care business decreased.