Business Uncertainty Caused by COVID-19
First written in FY2022-Q3. 6 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If a natural disaster such as an earthquake exceeding the anticipated range, or a widespread infectious disease such as influenza, were to occur, the company expects that its head office functions, production and logistics systems could be disrupted」
Infectious diseases in general, rather than COVID-19 alone, are described as business continuity risks alongside natural disasters and other events. - FY2025ReframedAnnual report
「If a natural disaster such as an earthquake exceeding the anticipated range, or a widespread infectious disease such as influenza, were to occur, the company expects that its head office functions, production and logistics systems could be disrupted, potentially affecting the operating results and financial condition of the group.」
COVID-19 is no longer addressed separately, with infectious diseases in general categorized as a risk alongside natural disasters and other events. - FY2024SoftenedAnnual report
「During the consolidated fiscal year (1 April 2023 to 31 March 2024), Japan’s economy saw increasing easing of restrictions on activity related to the spread of COVID-19, and personal consumption showed signs of recovery as economic activity normalized.」
The easing of pandemic-related activity restrictions and normalization of economic activity are increasingly emphasized, while descriptions of business-environment risks related to the pandemic have been further reduced. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the consolidated fiscal period (1 April 2023 to 31 December 2023), Japan’s economy saw increasing easing of restrictions on activity related to the spread of COVID-19, and personal consumption showed signs of recovery as economic activity normalized.」
While restrictions on activity related to the pandemic were eased and economic activity normalized, descriptions of the business environment in light of the pandemic continued. - FY2024-Q1SoftenedAnnual report
「As restrictions on activity related to the spread of COVID-19 were increasingly eased, personal consumption showed signs of recovery as economic activity normalized.」
Compared with the previous description of a difficult business environment due to the pandemic, the easing of activity restrictions and normalization of economic activity are now highlighted, and references to pandemic risk have been reduced. The uncertain outlook continues, however, against a backdrop of higher resource prices and yen depreciation. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, Japan’s economy showed signs of normalization, including the gradual easing of restrictions on economic activity and a recovery in personal consumption, although the impact of COVID-19 remained.」
The situation in which the impact of COVID-19 remained while restrictions on economic activity were eased and personal consumption recovered is reiterated. - FY2023-Q2RestatedAnnual report
「Although the impact of COVID-19 remained, Japan showed signs of normalization, including the gradual easing of restrictions on economic activity and a recovery in personal consumption.」
The situation in which the impact of the pandemic remained while restrictions on economic activity were eased and personal consumption recovered is reiterated. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, Japan’s economy showed signs of normalization, including the gradual easing of restrictions on economic activity and a recovery in personal consumption, although the impact of COVID-19 remained.」
The situation is described as one in which the impact of COVID-19 remained, while restrictions on economic activity were eased and consumption began to recover. - FY2022RestatedAnnual report
「Difficult conditions continued, including restrictions on socioeconomic activity due to the spread of COVID-19.」
The difficult business environment and uncertain outlook resulting from COVID-19 continue to be described. - FY2022-Q3First statedAnnual report
「The situation remains difficult due to the impact of COVID-19. Although signs of recovery emerged as the vaccination rate rose, new infections declined and restrictions on travel and going out were eased, concerns over the emergence of new variants and a renewed spread of infections have once again made the outlook uncertain.」
The continuing impact of the pandemic is described, with variants and a renewed spread of infections identified as risks contributing to an uncertain outlook.