Uncertainty in the Business Environment Due to COVID-19
First written in FY2022-Q3. 4 of 9 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 96 of 137 companies on the "Worse" side.
32 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual report
「During the fiscal year, Japan's economy continued to recover moderately, although the recovery in economic activity following the normalisation of social activity paused and showed signs of stagnation, as the employment and income environment improved.」
The business and other risks for the fiscal year no longer describe COVID-19 as a standalone risk, instead shifting to a discussion of the economic environment on the assumption that social activity has normalised. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, Japan's economy continued to recover moderately as restrictions related to COVID-19 were lifted and social activity gradually normalised, including through the recovery in human mobility.」
The lifting of infection-related restrictions and the recovery in human mobility continue to be described as factors behind the normalisation of social activity and the economic recovery. - FY2024-Q1MitigatedAnnual report
「During the cumulative first-quarter period, Japan's economy continued to recover moderately, with consumer activity becoming more active as the classification of COVID-19 under the Infectious Diseases Control Law was shifted to Category V and social and economic activity moved toward normalisation.」
The shift of COVID-19 to Category V and the normalisation of social and economic activity are described as factors improving the business environment. - FY2023MitigatedAnnual report
「As social and economic activity has gradually moved toward normalisation, including the lifting of entry restrictions on international students, occupancy rates have remained stable in our operating environment.」
The disclosure states that the infection-related business environment risks that emerged during the previous fiscal year have been partly mitigated by the lifting of entry restrictions on international students and the normalisation of social and economic activity. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year. We will continue to monitor the impact of COVID-19.」
No new risks or material changes to existing risks were identified, and the impact of COVID-19 continues to be monitored. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year. We will continue to monitor the impact of COVID-19.」
No new risks or material changes to existing risks were identified, and the impact of COVID-19 continues to be monitored. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year. We will continue to monitor the impact of COVID-19.」
The company states that there are no new risks or significant changes, while continuing to monitor the impact of COVID-19. - FY2022MaterialisedAnnual report
「In addition, occupancy rates in some areas, particularly student apartments, have remained low because international students have been unable to enter Japan. The hotel business also continues to face a situation in which inbound demand cannot be expected.」
Entry restrictions related to COVID-19 and the disappearance of inbound demand have had a direct business impact in the form of low occupancy rates and insufficient hotel demand. - FY2022-Q3First statedAnnual report
「Infections caused by the Omicron variant have recently been spreading, and the timing of the end of the COVID-19 pandemic remains unforeseeable. We expect the uncertain situation to continue.」
The company recognises the spread of infections and the uncertainty over when they will end, and states in the risk section that it will continue monitoring the impact.