Uncertainty in Economic and Business Conditions Caused by the COVID-19 Pandemic
First written in FY2020. 7 of 12 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 112 of 175 companies on the "Worse" side.
56 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「During the current consolidated fiscal year, the global economy continued to grow, although citizens remained unable to feel the improvement in economic conditions, as inflation caused by the reaction to the disruption of economic activity from COVID-19 continued even as that disruption largely subsided.」
The company states that the disruption to economic activity caused by COVID-19 has largely subsided, and that the direct economic disruption caused by the infectious disease has eased in part. However, uncertain factors such as inflation remain. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the third quarter of the current consolidated cumulative period. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year. There are also no material events or other matters. The company will continue to monitor the situation regarding the impact of COVID-19 on its business.」
The company states that there are no new business or other risks and no significant changes to existing risks, and that it will continue to monitor the impact of COVID-19. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the second quarter of the current consolidated cumulative period. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year. There are also no material events or other matters. The company will continue to monitor the situation regarding the impact of COVID-19 on its business.」
The company states that there are no new business or other risks and no significant changes to existing risks, and that it will continue to monitor the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year. There are also no material events or other matters. The company will continue to monitor the situation regarding the impact of COVID-19 on its business.」
The company states that there are no new business or other risks and no significant changes to existing risks, and that it will continue to monitor the impact of COVID-19. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the third quarter of the current consolidated cumulative period. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year. There are also no material events or other matters. The company will continue to monitor the situation regarding the impact of COVID-19 on its business.」
The company states that there are no new business or other risks and no significant changes to existing risks, and that it will continue to monitor the impact of COVID-19 on its business. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the second quarter of the current consolidated cumulative period. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year. There are also no material events or other matters. The company will continue to monitor the situation regarding the impact of COVID-19 on its business.」
The company states that there are no new business or other risks and no significant changes to existing risks, and that it will continue to monitor the impact of COVID-19. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year. There are also no material events or other matters. The company will continue to monitor the situation regarding the impact of COVID-19 on its business.」
The company states that there are no new business or other risks and no significant changes to existing risks, and that it will continue to monitor the impact of COVID-19. - FY2021RestatedAnnual report
「There was no significant impact on results for the current period from the spread of COVID-19.」
Although the impact of the infectious disease on the market and economic environment continues, the company states that there was no significant impact on results for the current period. - FY2021-Q3MitigatedAnnual report
「New-vehicle sales were significantly affected by the so-called “COVID-19 crisis,” including the substantial decline in visits to automobile dealerships during the first quarter (1 April 2020 to 30 June 2020) due to requests to refrain from going out under the state of emergency declared in response to the spread of COVID-19, and the second quarter (1 July 2020 to 30 September 2020), which retained the effects of the first quarter. However, sales in the third quarter exceeded the previous year's level for 3 consecutive months.」
Although the decline in visits to dealerships and its impact on new-vehicle sales caused by the COVID-19 crisis continued, sales exceeded the previous year's level for 3 consecutive months in the third quarter, and the deterioration in the sales environment eased in part from the first and second quarters. - FY2021-Q2MaterialisedAnnual report
「New-vehicle sales were significantly affected by the so-called “COVID-19 crisis,” including requests to refrain from going out under the state of emergency declared in response to the spread of COVID-19, which led to a substantial decline in visits to new-vehicle dealerships.」
The spread of COVID-19 and requests to refrain from going out under the state of emergency materialized in a decline in visits to new-vehicle dealerships and new-vehicle sales of 2.02 million units, down 22.6% year on year. The company states that there have been no new risks or significant changes to its business and other risks and that it continues to monitor the situation. - FY2021-Q1MaterialisedAnnual report
「During the first quarter of the current consolidated cumulative period (1 April 2020 to 30 June 2020, hereinafter the “current period”), the Japanese economy became increasingly uncertain, as personal consumption stagnated and economic conditions rapidly deteriorated due to requests to refrain from going out and requests for business closures under the declaration of a state of emergency associated with the spread of COVID-19.」
The stagnation in personal consumption, economic deterioration and growing uncertainty about the outlook due to COVID-19 materialized as the actual economic environment. Meanwhile, the business and other risks section states that there are no new risks and that the company will continue to monitor the impact going forward. - FY2020First statedAnnual report
「The fourth quarter of the consolidated fiscal period began on 1 January 2020 and, with the global spread of COVID-19, many countries declared a so-called “state of emergency.” The real economy in Japan and overseas has been seriously affected, and the uncertain conditions have continued.」
The serious impact and uncertainty affecting the real economy due to the global spread of COVID-19 are described as a new business-environment risk. The company states that there has been “no significant impact” on its results for the current period.