Delayed Recovery of Economic and Social Activity Due to the Infectious Disease
First written in FY2022-Q3. 5 of 6 entries say "Mitigated", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
51 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「A pause in demand for detached houses as the spread of coronavirus infections showed signs of easing」
The impact of the infectious disease on economic activity is described as an environmental factor resulting in a pause in demand, rather than the previously cited issues of activity restrictions and delayed recovery. - FY2023MitigatedAnnual report
「Social and economic activity normalized alongside a shift toward living with COVID-19.」
While social and economic activity is normalizing, the possibility of a resurgence remains a risk. - FY2023-Q3MitigatedAnnual report
「During the third quarter cumulative period, Japan's economy was moving toward a gradual recovery against a backdrop of normalized social and economic activity.」
The normalization of social and economic activity is continuing, and the impact of delayed recovery in economic and social activity due to the infectious disease is receding. - FY2023-Q2MitigatedAnnual report
「During the second quarter cumulative period, restrictions on activity imposed due to COVID-19 were eased, and social and economic activity was moving toward normalization.」
The easing of activity restrictions and the normalization of social and economic activity are indicated, while the impact of delayed recovery in activity due to the infectious disease has receded further. - FY2022MitigatedAnnual report
「The negative impact of COVID-19 is currently minor and limited, and we believe its impact on our operating performance and business activities will remain limited.」
The risk of a resurgence and renewed activity restrictions continues to be recognized, but the current impact on operating performance and the business is described as minor and limited. - FY2022-Q3First statedAnnual report
「Based on developments to date, it is expected to take some further time for economic and social activity to recover to pre-pandemic levels, but we assume for accounting purposes that the impact will remain minor.」
While recognizing the possibility that recovery in economic and social activity may take time, the accounting assumption is that the impact will remain minor.