Impact of COVID-19 on Store Operations, Business-to-Business Transactions and Business Performance
First written in FY2020. 6 of 12 entries say "Restated". Latest entry: FY2024-Q3.
Komehyo Holdings 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 2020: 69 of 91 companies on the "Worse" side.
33 other companies' latest entry also says "Mitigated".
- FY2024-Q3MitigatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, the Japanese economy saw COVID-19 moved to Category 5 under the Infectious Diseases Control Law, and economic activity began to normalize.」
The company explained that the move to Category 5 under the Infectious Diseases Control Law and the normalization of economic activity continued, and that the impact of COVID-19 on store operations and other activities was easing. - FY2024-Q2RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, the Japanese economy saw COVID-19 moved to Category 5 under the Infectious Diseases Control Law, and economic activity began to normalize.」
The company reconfirmed that the move to Category 5 under the Infectious Diseases Control Law and the normalization of economic activity created an environment in which the impact of the pandemic on operations was easing. - FY2024-Q1MitigatedAnnual report
「The classification of COVID-19 under the Infectious Diseases Control Law was moved to Category 5, and economic activity began to normalize.」
The company explained that COVID-19 had been moved to Category 5 under the Infectious Diseases Control Law and that economic activity had begun to normalize, indicating that the impact of the pandemic on conventional store operations and other activities was easing. - FY2023-Q2RestatedAnnual report
「With regard to COVID-19, the company's group has continued taking measures to prevent the spread of infection, placing the safety of customers and employees first,」
The company reconfirmed its policy of operating the business while continuing infection-control measures. - FY2023-Q1RestatedAnnual report
「In addition to promoting operational efficiency, we promoted use of the online store and focused on strengthening corporate sales through online auctions for corporate customers hosted by group companies. Through these contactless sales initiatives, we continued to maintain a structure capable of securing sales even as the impact of COVID-19 continued.」
The company continued operating under the assumption that the effects of COVID-19 would persist, maintaining a system for securing sales through contactless operations. - FY2022-Q3RestatedAnnual report
「The company continued operating while implementing infection-control measures, including thorough health and safety practices, working from home and the use of web conferences, with the safety of customers and employees as a prerequisite, but was affected by travel bans on foreign visitors and the suspension of customer-attraction initiatives, and worked to control expenses.」
The company continued operating while implementing infection-control measures, but the effects of travel bans on foreign visitors and the suspension of customer-attraction initiatives continued. - FY2022-Q2RestatedAnnual report
「The company continued operating while implementing infection-control measures, including thorough health and safety practices, working from home and the use of web conferences, with the safety of customers and employees as a prerequisite, but was affected by travel bans on foreign visitors and stronger requests to refrain from going out.」
The company continued operating while implementing infection-control measures, but the effects of travel bans on foreign visitors and stronger requests to refrain from going out continued. - FY2022-Q1RestatedAnnual report
「The company continued operating while implementing infection-control measures, including thorough health and safety practices, working from home and the use of web conferences, with the safety of customers and employees as a prerequisite, but was affected by travel bans on foreign visitors and stronger requests to refrain from going out.」
The company continued operating while maintaining infection-control measures, but the effects of travel bans on foreign visitors and stronger requests to refrain from going out continued. - FY2021WorsenedAnnual report
「The timing of the end of the COVID-19 pandemic remains uncertain, and its impact on economic activity cannot currently be predicted. Under these conditions, the effects of the spread of COVID-19 may have a material impact on the financial position, operating results and cash flows of the company's group from the following fiscal year onward.」
The company explicitly stated that the impact of store closures, shortened operating hours, the decline in foreign visitors and requests to refrain from going out had appeared in full-year declines in revenue and a net loss, and could continue to have a material impact from the following fiscal year onward. - FY2021-Q2WorsenedAnnual report
「As a result, for the six months ended the second quarter of the current fiscal year, revenue was ¥20,819 million, down 24.9% year on year; operating loss was ¥956 million, compared with operating profit of ¥317 million in the same period of the previous year; ordinary loss was ¥1,044 million, compared with ordinary profit of ¥291 million; and net loss attributable to owners of the parent was ¥1,379 million, compared with net income attributable to owners of the parent of ¥185 million.」
The impact of store closures, shortened operating hours, a decline in visitors, and changes in the environment for online and corporate sales due to the pandemic was reflected in a 24.9% decline in net sales and an operating loss of ¥956 million. - FY2021-Q1WorsenedAnnual report
「As a result, for the first three months of the current fiscal year, revenue was ¥7,861 million, down 36.8% year on year; operating loss was ¥860 million, compared with operating profit of ¥92 million in the same period of the previous year; ordinary loss was ¥937 million, compared with ordinary profit of ¥81 million; and net loss attributable to owners of the parent was ¥1,229 million, compared with net income attributable to owners of the parent of ¥49 million.」
The impact of store closures, shortened operating hours, a decline in visitors and the contraction of interdealer transactions due to the pandemic became more pronounced, resulting in a 36.8% decline in net sales, an operating loss of ¥860 million and a quarterly net loss attributable to owners of the parent of ¥1,229 million. - FY2020First statedAnnual report
「The shortening of store operating hours, temporary store closures and contraction of interdealer transactions resulting from the spread of COVID-19 have affected the company, including through declines in net sales and purchases from individual customers.」
The company explained that the spread of COVID-19 had materialized in the form of shortened store operating hours, temporary closures, reduced interdealer transactions, and declines in net sales and purchases from individual customers.