Expected Recovery of Consolidated Revenue to Approximately 80% of the Prior-Year Level in the Second Half
First written in FY2021-Q2. 2 of 7 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2021: 1 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2022Update the recovery assumptions to domestic FY2022 and inbound tourism FY2023Annual report
「Based on the assumption that domestic consumption would continue to recover in fiscal 2022 and inbound demand would begin a full-scale recovery from fiscal 2023, the Group incorporated the effects of strategies and measures in each business and prepared reasonable estimates reflecting the situation as of the end of the reporting period.」
We updated the recovery outlook under the impact of the infection to a timeline in which domestic consumption would recover in fiscal 2022 and inbound demand would recover fully from fiscal 2023. - FY2022-Q3Updated the recovery assumption to the same level as fiscal 2019 in the fourth quarterAnnual report
「Regarding the outlook, although the impact of COVID-19 remains uncertain, we expect domestic consumption to continue recovering toward the end of the fiscal year. By implementing measures to secure revenue across businesses, including the department-store and shopping-center businesses, we expect consolidated revenue in the fourth quarter (December-February) to reach the same level as fiscal 2019.」
We updated the recovery assumption for performance under the impact of the infection from the previous expectation of approximately 90% of fiscal 2019 levels in the second half to the assumption that fourth-quarter performance would be at the same level as fiscal 2019. - FY2022-Q2RestatedAnnual report
「By implementing measures to secure revenue across businesses, including the department-store and shopping-center businesses, we expect consolidated revenue in the second half (September-February) to reach approximately 90% of fiscal 2019 levels, excluding the impact of PARCO's sale of reserved floor space in fiscal 2019.」
We reaffirmed the assumption that consolidated revenue in the second half would reach approximately 90% of fiscal 2019 levels as the recovery assumption under the impact of the infection. - FY2022-Q1Updated the recovery assumption to fiscal 2019 as the baselineAnnual report
「By implementing measures to secure revenue across businesses, including the department-store and shopping-center businesses, we expect consolidated revenue to reach approximately 80% of fiscal 2019 levels in the second quarter (June-August) and approximately 90% in the second half, excluding the impact of PARCO's sale of reserved floor space in fiscal 2019.」
We updated the quantitative recovery assumptions under the impact of the infection to approximately 80% of fiscal 2019 results in the second quarter and approximately 90% in the second half. - FY2021SoftenedAnnual report
「Based on the assumption that the impact of COVID-19 would recover around 2023, the Group prepared reasonable estimates reflecting the situation as of the end of the reporting period.」
The time horizon of our estimates was extended from the short-term expectation of a recovery to approximately 80% of the previous year's level in the second half to an assumption that the impact of the infection would continue until around 2023. - FY2021-Q3RestatedAnnual report
「For the core department-store and PARCO businesses, we assume that customer traffic, sales, and store rental income, excluding inbound tourists, will recover gradually throughout the second half. Accordingly, we expect consolidated revenue in the second half to recover to approximately 80% of the previous year's level, excluding the impact of PARCO's sale of reserved floor space in the Shibuya redevelopment project in the previous year.」
Amid uncertainty caused by the resurgence of infections, we have maintained our expectation that consolidated revenue in the second half will recover to approximately 80% of the previous year's level. - FY2021-Q2First statedAnnual report
「As a result, we expect consolidated revenue to recover in the second half to approximately 80% of the previous year's level.」
While stating that the timing of the end of COVID-19 and the recovery in consumption would be difficult to predict, we estimated that customer traffic, sales, and store rental income, excluding inbound tourists, would recover gradually throughout the second half, bringing consolidated revenue back to approximately 80% of the previous year's level.