Reduced Store Hours and Store Closures Due to the Spread of COVID-19 and Their Impact on Business Performance
First written in FY2020. 7 of 13 entries say "Restated". Latest entry: FY2026.
Nafco moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 80 of 105 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In preparation for the spread of the infection, we will take measures to continue operating while prioritising the peace of mind and safety of our customers and employees and fulfilling our responsibility as social infrastructure providing local customers with essential goods. Depending on the future spread of the infection, however, we may reduce operating hours, temporarily close stores or take other measures. This may affect business performance.」
The possibility of reducing operating hours or temporarily closing stores due to the spread of the infection, and the impact on business performance, continue to be identified as risks. - FY2025RestatedAnnual report
「In preparation for the spread of the infection, we will take measures to continue operating while prioritising the peace of mind and safety of our customers and employees and fulfilling our responsibility as social infrastructure providing local customers with essential goods. Depending on the future spread of the infection, however, we may reduce operating hours, temporarily close stores or take other measures. This may affect business performance.」
The possibility of reducing operating hours or temporarily closing stores due to the spread of the infection, and the impact on business performance, continue to be identified as risks. - FY2024-Q3SoftenedAnnual report
「As COVID-19 was reclassified as a Class 5 disease, economic activity normalised and a gradual economic recovery was observed.」
The description has changed from its previous focus on reduced operating hours, temporary closures and stagnating economic activity associated with the spread of the infection to a description indicating the normalisation of economic activity and economic recovery following the reclassification of COVID-19 as a Class 5 disease. - FY2024-Q2SoftenedAnnual report
「During the cumulative second quarter under review, from 1 April 2023 to 30 September 2023, Japan's economy was gradually recovering following the reclassification of the novel coronavirus disease to Category 5, but the outlook remained uncertain due to soaring energy and raw material prices resulting from the prolonged situation in Ukraine and other factors.」
The description has changed from the previous focus on the prolonged infection, the lack of a prospect for its end and stagnating economic activity to a description indicating a gradual economic recovery following the reclassification of COVID-19 as a Class 5 disease. - FY2023-Q3RestatedAnnual report
「With no clear prospect of an end to the spread of COVID-19, we expect the uncertain outlook to continue due to factors including soaring energy prices and the rapid depreciation of the yen.」
The lack of a clear prospect of bringing the infectious disease pandemic under control, soaring energy prices and uncertainty caused by the yen's rapid depreciation continue to be cited. - FY2023-Q2MaterialisedAnnual report
「As customer numbers remained sluggish amid the seventh wave of COVID-19, which brought the highest number of infections to date, hygiene products such as masks related to infection-control measures remained firm. However, demand for splash-prevention panels and products associated with working from home also declined, resulting in a difficult outcome.」
The company states that customer numbers remained sluggish due to the seventh wave of COVID-19 and that lower demand for splash-prevention panels and products associated with working from home was reflected in actual business performance. - FY2023-Q1WorsenedAnnual report
「Looking ahead, we expect the uncertain business environment to continue as economic activity stagnates due to the renewed spread of infections from new variants, while international tensions drive up resource prices and the prices of essential goods continue to rise.」
The stagnation of economic activity due to the renewed spread of infections from new variants, as well as higher resource prices and rising prices for essential goods, are identified as concerns for the future business environment. - FY2022-Q3RestatedAnnual report
「Looking ahead, we expect the uncertain business environment to continue, due to such factors as the stagnation of domestic and overseas economic activity associated with COVID-19 and deteriorating corporate earnings and employment and income conditions.」
The company has reaffirmed the uncertain outlook resulting from the stagnation of domestic and overseas economic activity and deterioration in corporate earnings and employment and income conditions associated with the infection. - FY2021RestatedAnnual report
「In preparation for the spread of COVID-19, we will take measures to continue operating while prioritising the peace of mind and safety of our customers and employees and fulfilling our responsibility as social infrastructure providing local customers with essential goods. Depending on the future spread of the infection, however, we may reduce operating hours, temporarily close stores or take other measures. This may affect business performance.」
The possibility of reducing operating hours or temporarily closing stores due to the spread of the infection, and the impact on business performance, continue to be identified as risks. - FY2021-Q3RestatedAnnual report
「Looking ahead, we expect the uncertain business environment to continue, due to such factors as the stagnation of domestic and overseas economic activity associated with COVID-19 and deteriorating corporate earnings and employment and income conditions.」
The company has reaffirmed the uncertain outlook resulting from the stagnation of domestic and overseas economic activity and deterioration in corporate earnings and employment and income conditions associated with the infection. - FY2021-Q2RestatedAnnual report
「Looking ahead, we expect the uncertain business environment to continue, due to such factors as the stagnation of domestic and overseas economic activity associated with COVID-19 and deteriorating corporate earnings and employment and income conditions.」
The company has reaffirmed its view that the uncertain outlook will continue due to the stagnation of economic activity and deterioration in corporate earnings and employment and income conditions associated with COVID-19. - FY2021-Q1WorsenedAnnual report
「Looking ahead, we expect the uncertain business environment to continue, due to such factors as the stagnation of domestic and overseas economic activity associated with COVID-19 and deteriorating corporate earnings and employment and income conditions.」
The potential impact of COVID-19 is specified as including the stagnation of domestic and overseas economic activity and deterioration in corporate earnings and employment and income conditions, which have occurred or are expected to continue. - FY2020First statedAnnual report
「In preparation for the spread of COVID-19, we will take measures to continue operating while prioritising the lives and safety of our customers and employees and fulfilling our responsibility as social infrastructure providing local customers with essential goods. Depending on the future spread of the infection, however, we may reduce operating hours, temporarily close stores or take other measures. This may affect business performance.」
The possibility of reducing operating hours or temporarily closing stores due to the spread of COVID-19, and the impact on business performance, have been identified as new risks.