Impact of COVID-19 on Business Activities and Supply Chains
First written in FY2020. 7 of 16 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2026DroppedAnnual reportThe descriptions of the operating environment, business and other risks, and operating results for FY2026 do not identify COVID-19 as a standalone business risk or performance factor.
- FY2024MitigatedAnnual report
「As the easing of COVID-19 measures increased patterns of human movement and restored inbound demand, the normalization of socioeconomic activity progressed further and the economy recovered gradually.」
The company continued to report that the impact of COVID-19 on the business environment had partly eased as infection-control measures were relaxed, patterns of human movement increased and inbound demand returned. - FY2024-Q3MitigatedAnnual report
「After COVID-19 was reclassified as a Class 5 infectious disease, ice cream sales in the manufacturing and sales business performed well as customer numbers at restaurants and leisure facilities recovered.」
After COVID-19 was reclassified as a Class 5 infectious disease, ice cream sales performed well as customer numbers at restaurants and leisure facilities recovered, indicating that some of the impact of the infection on the business environment had eased. - FY2024-Q2MitigatedAnnual report
「During the first 2 quarters of the current fiscal year, the Japanese economy recovered gradually as patterns of human movement increased and inbound demand returned following the easing of COVID-19 measures.」
The company continued to report that the impact of COVID-19 on the business environment had partly eased as infection-control measures were relaxed, patterns of human movement increased and inbound demand returned. The impact of high prices and consumers' preference for saving nevertheless remained. - FY2024-Q1MitigatedAnnual report
「Although patterns of human movement increased against the backdrop of the reclassification of COVID-19 as a Class 5 infectious disease,」
The company described increased patterns of human movement following the reclassification of COVID-19 as a Class 5 infectious disease, indicating that some of the impact of the infection on the business environment had eased. The impact of consumers holding back on purchases due to price increases and poor weather nevertheless remained. - FY2023MitigatedAnnual report
「During the current fiscal year, the Japanese economy showed signs of a gradual recovery in economic activity, led by personal consumption, as various policies aimed at living with COVID-19, including infection-control measures and the easing of restrictions on personal movement, took effect, although the impact of COVID-19 continued.」
Although the impact of COVID-19 continued, the company reported signs of recovery in economic activity resulting from infection-control measures and the easing of restrictions on personal movement, indicating that some of the impact had eased. - FY2023-Q3MitigatedAnnual report
「During the first 3 quarters of the current fiscal year, the Japanese economy showed signs of a gradual recovery, led by personal consumption, as a result of measures to combat COVID-19 and various policies targeting socioeconomic activity, although」
The company described a recovery in personal consumption resulting from infection-control measures and the effects of various policies, indicating that some of the impact of COVID-19 had eased. Uncertainty in the economic environment nevertheless remained. - FY2023-Q1MitigatedAnnual report
「During the first quarter of the current fiscal year, the Japanese economy remained in a difficult situation due to COVID-19, although conditions eased and signs of recovery emerged in economic activity,」
The company described an easing of the difficult conditions caused by COVID-19 and signs of recovery in economic activity, indicating that some of the impact had eased. Uncertainty nevertheless remained. - FY2022MaterialisedAnnual report
「In the food and beverage industry, the group's core market, changes in consumer behavior during the COVID-19 pandemic have created a need to generate demand suited to new lifestyles and respond to diversifying consumer needs.」
The company stated that the impact of COVID-19 continued throughout the fiscal year as changes in consumer behavior, new lifestyles, and demand and product strategies. - FY2022-Q3MaterialisedAnnual report
「In the food and beverage industry, the group's core market, the operating environment has changed completely as COVID-19 has significantly altered patterns of human movement and lifestyles.」
The company stated that the impact of COVID-19 continues to emerge as changes in patterns of human movement and lifestyles and in the operating environment of the food and beverage industry. - FY2022-Q1MaterialisedAnnual report
「As the spread of COVID-19 has changed consumer lifestyles through measures such as requests to refrain from going out and working from home, and intensified competition among convenience stores, mass retailers and other outlets, the difficult operating environment has continued.」
The impact of COVID-19 continued during the quarter, emerging as changes in consumer behavior resulting from requests to refrain from going out and working from home. - FY2021MaterialisedAnnual report
「Affected by sluggish consumption resulting from requests to refrain from going out, sales volumes of the group's core categories, namely food ingredients, processed agricultural products, milk and dairy products, decreased from the previous year.」
The impact of COVID-19 and requests to refrain from going out emerged for the full fiscal year as lower sales volumes in the group's core categories, net sales of ¥29,527.372 million and a 9.7% year-on-year decline. - FY2021-Q3MaterialisedAnnual report
「Affected by lower consumption resulting from requests to refrain from going out, sales volumes of the group's core categories, namely food ingredients, processed agricultural products, milk and dairy products, decreased from the previous year.」
The company stated that the impact of COVID-19 and requests to refrain from going out had also emerged in the first 3 quarters as lower sales volumes in its core categories. - FY2021-Q2MaterialisedAnnual report
「However, lower consumption resulting from requests to refrain from going out had a significant impact, and sales volumes of the group's core categories, namely food ingredients, processed agricultural products, milk and dairy products, decreased from the previous year. As a result, net sales for the first 2 quarters of the current fiscal year totaled ¥15,903.978 million, down 10.8% year on year.」
The company stated that the impact of COVID-19 and requests to refrain from going out had also emerged in the first 2 quarters as lower sales volumes in its core categories and a 10.8% year-on-year decline in net sales. - FY2021-Q1MaterialisedAnnual report
「However, requests to refrain from going out under the state of emergency had a significant impact, and sales volumes of the group's core categories, namely food ingredients, processed agricultural products, milk and dairy products, decreased from the previous year.」
The company stated that the impact of COVID-19 and the state of emergency had actually emerged as lower sales volumes in its core categories and deteriorating performance. - FY2020First statedAnnual report
「However, if the spread of the infection becomes prolonged and restrictions on business activities and personal movement are tightened in response to requests from the Japanese and other governments, impacts on the supply chain, including suppliers' production systems, shipment, transportation and delivery of cargo, will be unavoidable and may affect the group's financial position and operating results.」
The company identified the impact of prolonged infection spread and restrictions on personal movement on suppliers, production, shipments and transportation as a new risk. It also referred to postponing nonessential business travel and meetings, encouraging remote work and minimizing the impact through information gathering.