Concerns Regarding the Business Impact of the Spread of COVID-19
First written in FY2020-Q2. 7 of 14 entries say "Restated". Latest entry: FY2024.
Tear 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 2025: 7 of 24 companies on the "Worse" side.
11 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「The outbreak and spread of infectious diseases may lead to smaller funerals and lower sales of meals for memorial services, reducing the average funeral fee and potentially affecting the Group's ability to secure earnings and its financial position.」
Generalised the risk description from risks specific to COVID-19 to the impact of outbreaks and spread of infectious diseases in general. - FY2024-Q2RestatedAnnual report
「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」
States that there has been no material change in the emergence of new business risks or in existing risks. - FY2023-Q3No material change after the reclassification of COVID-19 under the Infectious Diseases ActAnnual report
「Although COVID-19 was reclassified as a Category V infectious disease under the Infectious Diseases Act effective 8 May 2023, there has been no material change in the impacts and other matters relating to COVID-19 described in the securities report for the previous fiscal year.」
Explains that, although the reclassification of COVID-19 as a Category V infectious disease has been noted, there has been no material change in the business impact and other matters described for the previous fiscal year. - FY2023-Q2RestatedAnnual report
「There have been no material changes from the previous fiscal year in the impacts and other matters related to COVID-19 described in the annual securities report.」
States that there has been no material change since the previous fiscal year in the business impact of COVID-19. - FY2023-Q1RestatedAnnual report
「There have been no material changes from the previous fiscal year in the impacts and other matters related to COVID-19 described in the annual securities report.」
States that there has been no material change since the previous fiscal year in the business impact of COVID-19. - FY2022-Q3RestatedAnnual report
「There have been no material changes from the previous fiscal year in the impacts and other matters related to COVID-19 described in the annual securities report.」
States that there has been no material change since the previous fiscal year in the business impact of COVID-19. - FY2022-Q2RestatedAnnual report
「There have been no material changes from the previous fiscal year in the impacts and other matters related to COVID-19 described in the annual securities report.」
States that there has been no material change since the previous fiscal year in the business impact of COVID-19. - FY2022-Q1RestatedAnnual report
「There have been no material changes from the previous fiscal year in the impacts and other matters related to COVID-19 described in the annual securities report.」
States that there has been no material change since the previous fiscal year in the business impact of COVID-19. - FY2021-Q3RestatedAnnual report
「We expect the impact of COVID-19 to continue through the end of the current consolidated fiscal year, and the decline in average funeral prices and funeral-related service revenue may affect our Group's ability to secure earnings and its financial position.」
The continuing outlook that the impact of COVID-19 will last through the end of the current consolidated fiscal year, its effects through lower average funeral prices and lower funeral-related service revenue, and the possibility of additional effects from a resurgence of infections and various measures continue to be disclosed. - FY2021-Q2WorsenedAnnual report
「We expect the impact of COVID-19 to continue through the end of the current consolidated fiscal year, and the decline in average funeral prices and funeral-related service revenue may affect our Group's ability to secure earnings and its financial position. If COVID-19 spreads again or priority preventive measures such as those to prevent the spread of the disease are implemented, or a state of emergency is declared again, a further impact on performance is expected.」
The outlook was changed from the initial forecast that the impact would continue through the first half of the fiscal year ending September 2021 and improve from the second half onward, to a forecast that the impact would continue through the end of the current consolidated fiscal year. Additional impacts from a resurgence of infections and various measures were also disclosed. - FY2021-Q1The period of continued impact and the forecast for improvement were explicitly stated.Annual report
「Due to the impact of COVID-19, our businesses have been affected, including by a decline in revenue resulting from smaller funeral services as the number of attendees fell, as well as a decline in sales of meals for memorial services. We therefore forecast that the impact of COVID-19 will continue through the first half of the fiscal year ending September 2021 and improve from the second half onward.」
The continuing impact of COVID-19 on performance was confirmed, with the outlook explicitly stating that it would continue through the first half of the fiscal year ending September 2021 and improve from the second half onward. - FY2020MaterialisedAnnual report
「Due to the impact of COVID-19, our Group's businesses have been affected, including by a decline in revenue resulting from smaller funeral services as the number of attendees fell, as well as a decline in sales of meals for memorial services.」
The full-year results confirmed the decline in attendees, the smaller scale of funeral services, the decrease in sales of meals for memorial services and the resulting decline in revenue caused by the spread of COVID-19. The impact was forecast to continue through the first half of the fiscal year ending September 2021 and improve from the second half onward. - FY2020-Q3MaterialisedAnnual report
「As the spread of COVID-19 continues, our Group's businesses have been affected, including by a decline in revenue. If the impact of the spread of COVID-19 continues for an extended period, it may result in a further decline in revenue and other effects.」
The disclosure moved from monitoring the situation in the previous quarter to stating that an actual impact on performance, including a decline in revenue, had occurred. The possibility of a prolonged impact was also stated, and additional information forecast that the impact would continue through the first half of the fiscal year ending September 2021 and improve from the second half onward. - FY2020-Q2First statedAnnual report
「We will continue to closely monitor the future developments concerning the impact of the spread of COVID-19 on our business.」
The business impact of the spread of COVID-19 was explicitly identified for the first time as an issue to be monitored going forward.