Risk of Consumption and Logistics Stagnation Due to COVID-19
First written in FY2020. 5 of 8 entries say "Restated". Latest entry: FY2024-Q2.
3 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It explained that there had been no material change in the key risk of stagnation in consumption and logistics caused by COVID-19. - FY2023-Q1MitigatedAnnual report
「During the cumulative first quarter, the apparel industry, particularly the offline market, experienced buoyant conditions as the easing of the spread of COVID-19 increased opportunities to go out and demand for clothing.」
It explained that, as the spread of COVID-19 subsided, the previously reported impacts of physical-store closures and difficult apparel market conditions eased. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, the spread of COVID-19 continued from the start of the period, as in the previous fiscal year, and the apparel industry faced challenging market conditions, including the suspension of operations at some brands' physical stores.」
It explained that the spread of COVID-19 and difficult apparel market conditions persisted. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, the spread of COVID-19 continued from the start of the period, as in the previous fiscal year, and the apparel industry faced challenging market conditions, including the suspension of operations at some brands' physical stores.」
It explained that the spread of COVID-19 and difficult apparel market conditions continued. - FY2021-Q3RestatedAnnual report
「During the nine months ended ...」
It explained that the spread of COVID-19 and difficult apparel market conditions continued. Meanwhile, the positive impact of the shift to digital on GMV continued. - FY2021-Q2RestatedAnnual report
「During the six months ended ...」
It explained that the spread of COVID-19 and difficult apparel market conditions continued, while the positive impact of the shift to digital continued. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter, the apparel industry faced extremely challenging market conditions, including the suspension of operations at brands' physical stores due to the spread of COVID-19.」
The closure of physical stores and severe market conditions associated with the spread of COVID-19 materialized. Although no direct effects such as logistics stoppages were described, the Company explained that restrictions on going out and a slowdown in consumer activity had an impact, while the positive effects of the shift to digital channels were significant. - FY2020First statedAnnual report
「If a pandemic such as the spread of COVID-19 occurs at the Company's facilities or among its business partners, or if an abnormal situation beyond the Company's expectations arises, production at brand factories or operations by delivery companies could be suspended, the Company's logistics could be disrupted, and service levels could decline if employees have difficulty reporting to work. Depending on the nature and consequences of such events, the business and operating results of the Company Group could be affected.」
The Company specifically disclosed pandemics, including the spread of COVID-19, as a new risk involving potential effects on production, delivery and employee attendance. It explained that, as of the filing date, no adverse impact on operating results had occurred.