Business and Financial Impact of the Spread of COVID-19
First written in FY2020-Q2. 6 of 9 entries say "Restated". Latest entry: FY2022.
A.D.Works Group 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: 103 of 175 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「There were no material changes to the assumptions, including the future spread of COVID-19 and the timing of its containment, described under “Key Assumptions” in (2) Information on Significant Accounting Estimates Relating to Identified Items in (Significant Accounting Estimates) in the previous consolidated fiscal year’s annual securities report.」
The company stated that the accounting assumptions concerning the pandemic were unchanged, while continuing to identify major infection clusters and renewed declarations of a state of emergency as risks to the business. - FY2022-Q3RestatedAnnual report
「There were no material changes to the assumptions, including the future spread of COVID-19 and the timing of its containment, described under “Key Assumptions” in (2) Information on Significant Accounting Estimates Relating to Identified Items in (Significant Accounting Estimates) in the previous consolidated fiscal year’s annual securities report.」
The company stated that there were no material changes to the accounting assumptions concerning the impact of COVID-19 and continues to monitor the impact. - FY2022-Q1RestatedAnnual report
「There were no material changes to the assumptions, including the future spread of COVID-19 and the timing of its containment, described under “Key Assumptions” in (2) Information on Significant Accounting Estimates Relating to Identified Items in (Significant Accounting Estimates) in the previous consolidated fiscal year’s annual securities report.」
The company stated that there were no material changes to the accounting assumptions concerning the impact of COVID-19 and continues to monitor the risk. - FY2021-Q3RestatedAnnual report
「Although no material events or other matters have occurred, we will continue to closely monitor the future impact of COVID-19 on our business.」
The company stated that no material events or other matters have occurred but continues to monitor COVID-19’s impact on the business. It also stated that there were no material changes to the assumptions regarding the pandemic disclosed in the previous annual securities report. - FY2021-Q2RestatedAnnual report
「Although no material events or other matters exist, we will continue to closely monitor the future impact of COVID-19 on our business.」
The company stated that no material events or other matters exist but continues to monitor COVID-19’s impact on the business. It also stated that there were no material changes to the assumptions regarding the pandemic disclosed in the previous fiscal year’s annual securities report. - FY2021-Q1RestatedAnnual report
「Although no material events or other matters exist, we will continue to closely monitor the future impact of COVID-19 on our business.」
The company stated that no material events or other matters exist but continues to monitor the impact of COVID-19 on the business. No material change was made to the risks from the previous annual securities report. - FY2020.Annual report
「Infections continued to spread through the second and third waves, and their impact became more prolonged and serious.」
The company disclosed the second and third waves, the renewed state of emergency in January 2021 and possible impacts on sales, financing, construction and rental income, indicating that the risk had become more prolonged and serious. It also reported recovery in performance from July. - FY2020-Q3.Annual report
「We recognize that the impact of the spread of COVID-19 has lasted longer than assumed, and believe that our recovery from the first-quarter loss demonstrated our ability to achieve an appropriate level of performance even amid the pandemic.」
The company stated that the pandemic lasted longer than assumed for accounting purposes, while also reporting that sales from July to September approached pre-pandemic levels and that it recovered from the first-quarter loss. - FY2020-Q2.Annual report
「Our group was also forced to restrict sales activities in April and May. Although normal sales activities gradually began to return from June, the results of our principal business, income-producing property sales, were extremely difficult.」
The company disclosed restrictions on sales activities under the state of emergency, difficult real estate sales results, a 50.0% year-on-year decline in revenue and an ordinary loss of ¥256 million.