Risk of Store Closures and Impact on Business Performance from Outbreaks of Infectious Diseases, Including COVID-19
First written in FY2020. 6 of 12 entries say "Worsened", first in FY2021-Q2. Latest entry: FY2024-Q1.
United Super Markets Holdings moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 69 of 91 companies on the "Worse" side.
33 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「Following the easing of restrictions on activities related to COVID-19, social and economic activity appears to have begun returning rapidly to pre-pandemic conditions, while」
Regarding COVID-19, it was stated that the easing of restrictions had begun to return social and economic activity to pre-pandemic conditions, indicating that the risks associated with previous restrictions and infection-control measures were declining. - FY2023MitigatedAnnual report
「Although concerns were raised over the spread of an eighth wave of COVID-19, it has not led to a significant increase in infections or severe cases, and various restrictions are expected to be eased as the disease is reclassified to Category 5.」
Infectious disease risk shifted to a situation in which concerns over the eighth wave remained, but there was no significant increase in infections or severe cases, and the reclassification to Category 5 and easing of restrictions were anticipated. - FY2023-Q3RestatedAnnual report
「Regarding COVID-19, in addition to the spread of an eighth wave, concerns remain over a simultaneous epidemic with influenza, and the impact on our business results remains unpredictable.」
Concerns over the impact on business results from a simultaneous epidemic of the eighth wave and influenza remain. - FY2023-Q2WorsenedAnnual report
「Although the seventh wave is believed to have begun to subside after peaking in August, concerns remain over the risk of an eighth wave from autumn onward, as well as the possibility of a simultaneous epidemic with influenza, and the impact on our business results remains unpredictable.」
Regarding infectious disease risk, the seventh wave had begun to subside, while concerns newly arose over the possibility of an eighth wave and a simultaneous epidemic with influenza. - FY2023-Q1WorsenedAnnual report
「Although the situation regarding COVID-19 has begun to stabilize due to the effects of various measures, including promoting vaccination, the risk of a seventh wave is also anticipated, and the impact on our business results remains unpredictable.」
Regarding infectious disease risk, the infection situation was stabilizing, while the risk of a new seventh wave was anticipated, leaving the impact on business results uncertain. - FY2022-Q3WorsenedAnnual report
「Although vaccination is progressing steadily in Japan and the number of infections has begun to stabilize, the emergence of the new Omicron variant and the rise in infections overseas could affect the infection situation in Japan, and the impact on our business results remains unpredictable.」
Regarding infectious disease risk, the number of infections was stabilizing, while the emergence of a new Omicron variant and rising infections overseas were noted, leaving the impact on domestic business results uncertain. - FY2022-Q1WorsenedAnnual report
「From the current fiscal year onward, we will continue monitoring the spread of COVID-19, strengthen measures to prevent infections among customers and employees, accurately identify changes in customers' shopping patterns, enhance our capabilities not only in stores but also online and through mobile sales, and work to provide a comfortable shopping environment.」
Regarding the response to infectious disease risk, it was deemed necessary to continue monitoring infection trends and strengthen online and mobile sales capabilities in addition to in-store operations. - FY2021WorsenedAnnual report
「Although domestic COVID-19 vaccinations had begun, the emergence of variants and other factors meant that there was still no clear prospect of bringing the pandemic under control.」
It was stated that the outlook for containing infectious disease risk remained uncertain even after vaccination began, due to the emergence of variants and other factors. - FY2021-Q3MaterialisedAnnual report
「We recorded ¥283 million in extraordinary loss as expenses related to COVID-19.」
Response costs associated with the infectious-disease outbreak were recorded as ¥283 million in extraordinary loss, indicating that the impact continued to materialize. - FY2021-Q2WorsenedAnnual report
「The outlook for the COVID-19 pandemic remains uncertain, and the risk of a third wave cannot be ruled out. In the second half of the fiscal year, we will further strengthen measures to prevent infections among customers and employees, establish a system capable of responding flexibly to various changes, strengthen our product offering to meet customer needs, and continue to fulfill our role as a lifeline for local communities.」
With the outlook for containing the infectious disease still uncertain, the risk of a third wave was explicitly identified. Strengthening infection-prevention measures and establishing a flexible response system were deemed necessary. - FY2021-Q1MaterialisedAnnual report
「The supermarket industry in which our group operates was also required to respond to various changes following the government’s declaration of a state of emergency on 7 April 2020, including shortened operating hours and measures to prevent customer infections in response to requests to refrain from going out and avoid the “3 Cs,” as well as employee safety measures and securing products amid increased demand.」
Shortened operating hours, customer and employee safety measures, and securing products became necessary because of the infectious-disease outbreak. Separately, ¥269 million in losses related to responding to the emerging infectious disease was also recorded. - FY2020First statedAnnual report
「Our group owns facilities including stores, offices, food manufacturing plants and distribution centers. If natural disasters such as earthquakes and floods or criminal activity disrupt the operation of these facilities, or if restoring equipment and other assets incurs significant costs, and if an infectious disease such as COVID-19 becomes widespread, the scale of the outbreak could affect our group’s operating performance and financial position, including through store closures if employees become infected.」
Employee infections and store closures during infectious-disease outbreaks were specifically identified as risks separate from natural disasters. The filing describes the spread of infection but does not state that store closures or similar events occurred within the group.