Earnings Fluctuations and Future Uncertainty Due to COVID-19
First written in FY2021-Q1. 12 of 16 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, if various infectious diseases spread in Japan in the future, the company’s operating results and financial condition may be affected by store closures, impairment of headquarters and distribution center functions, stagnation of distribution and procurement activities, deterioration in tenant performance, reputational risk that reduces consumers’ willingness to purchase, and other factors.」
The risk disclosure continued to cover a broader range of infectious diseases rather than COVID-19 alone. - FY2024ReframedAnnual report
「However, if various infectious diseases spread in Japan in the future, the company’s operating results and financial condition may be affected by store closures, impairment of headquarters and distribution center functions, stagnation of distribution and procurement activities, deterioration in tenant performance, reputational risk that reduces consumers’ willingness to purchase, and other factors.」
The disclosure broadened its scope from the previous focus on COVID-19 to “various infectious diseases,” while continuing to describe impact channels such as store closures, impaired head-office and distribution functions and stagnation in distribution. - FY2024-Q3RestatedAnnual report
「There have been no material changes in the assumptions described in the prior fiscal year's securities report under Additional Information (Accounting estimates relating to the impact of the spread of COVID-19), including assumptions regarding the future spread of COVID-19 and the timing of its containment.」
The company stated again that there had been no significant changes to the assumptions underlying accounting estimates concerning the spread of COVID-19, the timing of its containment and other matters. - FY2024-Q2RestatedAnnual report
「There have been no material changes in the assumptions described in the prior fiscal year's securities report under Additional Information (Accounting estimates relating to the impact of the spread of COVID-19), including assumptions regarding the future spread of COVID-19 and the timing of its containment.」
The company stated again that there had been no significant changes to the assumptions underlying accounting estimates concerning the spread of COVID-19, the timing of its containment and other matters. - FY2024-Q1RestatedAnnual report
「There have been no material changes in the assumptions described in the prior fiscal year's securities report under Additional Information (Accounting estimates relating to the impact of the spread of COVID-19), including assumptions regarding the future spread of COVID-19 and the timing of its containment.」
The company stated again that there had been no significant changes to the assumptions underlying accounting estimates concerning the future spread of COVID-19, the timing of its containment and other matters. - FY2023-Q3RestatedAnnual report
「There have been no material changes in the assumptions described in the prior fiscal year's securities report under Additional Information (Accounting estimates relating to the impact of the spread of COVID-19), including assumptions regarding the future spread of COVID-19 and the timing of its containment.」
The company again stated that there had been no significant changes to the assumptions underlying accounting estimates concerning the spread of COVID-19, the timing of its containment and other matters. - FY2023-Q2RestatedAnnual report
「We believe that the impact of COVID-19 on results from the third quarter onward remains difficult to predict. If this matter has a significant impact on our results in the future, we will make a timely disclosure.」
The company continued to state that the impact of COVID-19 on results from the third quarter onward remained difficult to predict and that it would make a timely disclosure if the impact became significant. - FY2023-Q1RestatedAnnual report
「We believe that the impact of COVID-19 on results from the second quarter onward remains difficult to predict. If this matter has a significant impact on our results in the future, we will make a timely disclosure.」
The company again stated that the impact of COVID-19 on results from the second quarter onward remained difficult to predict and that it would make a timely disclosure if the impact became significant. - FY2022WorsenedAnnual report
「However, the future spread of COVID-19 could affect our results and financial condition if stores are temporarily closed, the functions of the head office or distribution centers become impaired, distribution and procurement activities stagnate, tenants’ performance deteriorates, or reputational risk arises that reduces consumers’ willingness to purchase, among other circumstances.」
The company specified potential transmission channels for the impact of COVID-19, including store closures, impaired head-office and distribution-center functions, stagnation in distribution and procurement, deterioration in tenant performance and reputational risk. - FY2022-Q3RestatedAnnual report
「There have been no material changes in the assumptions described in the prior fiscal year's securities report under Additional Information (Accounting estimates relating to the impact of the spread of COVID-19), including assumptions regarding the future spread of COVID-19 and the timing of its containment.」
The company again stated that there had been no significant changes to the assumptions underlying accounting estimates concerning the spread of COVID-19, the timing of its containment and other matters. - FY2022-Q2RestatedAnnual report
「The second-quarter results progressed at a high rate due to the impact of COVID-19, but we believe that its impact on results from the third quarter onward remains difficult to predict. If this matter has a significant impact on our results in the future, we will make a timely disclosure.」
The company stated that COVID-19 resulted in a high progress rate for second-quarter results, while its impact on results from the third quarter onward remained difficult to predict. The policy of making a timely disclosure if a significant impact arises also continues. - FY2022-Q1RestatedAnnual report
「Although results for the first quarter progressed strongly, we continue to believe that the impact of COVID-19 on results from the second quarter onward is difficult to predict. If this matter has a significant impact on our results in the future, we will make a timely disclosure.」
The company stated that first-quarter results were strong, while the impact of COVID-19 on results from the second quarter onward remained difficult to predict. It also stated that there had been no significant changes to the assumptions underlying the accounting estimates disclosed in the annual securities report for the previous fiscal year. - FY2021MaterialisedAnnual report
「In addition, after an employee contracted COVID-19, the company was inspected by the relevant public health center regarding infection-control measures at the store. Given the management conditions at the store and of its employees, no instruction was issued to close the store. After disclosure of the infection, the store’s operating performance was only marginally affected, with sales declining by approximately 5% for several days.」
An employee infection and an inspection by the public health center actually occurred, and sales at the relevant store declined by approximately 5% for several days. No instruction to close the store was issued, and the company described the impact as minor. - FY2021-Q3RestatedAnnual report
「The main factors were increased demand for meals prepared at home as a result of the spread of COVID-19 and higher revenue from stores opened in the previous fiscal year.」
Increased demand for meals prepared at home due to the spread of COVID-19 continued to be stated as a factor supporting results for the cumulative third-quarter period. The company also stated that there had been no significant changes in business and other risks. - FY2021-Q2RestatedAnnual report
「The second-quarter results progressed at a high rate due to the impact of COVID-19, but we believe that its impact on results from the third quarter onward remains difficult to predict. If this matter has a significant impact on our results in the future, we will make a timely disclosure.」
The company stated that COVID-19 resulted in a high progress rate for second-quarter results, while its impact from the third quarter onward remained difficult to predict. The policy of making a timely disclosure if a significant impact arises also continues. - FY2021-Q1First statedAnnual report
「The first-quarter results progressed at a high rate due to the impact of COVID-19, but we believe that its impact on results from the second quarter onward remains difficult to predict. If this matter has a significant impact on our results in the future, we will make a timely disclosure.」
The company stated that COVID-19 had actually affected first-quarter results, resulting in a high progress rate, while the impact from the second quarter onward was difficult to predict. It also stated a policy of making a timely disclosure if the impact on results becomes significant.