Risk of declining business activity and demand due to COVID-19
First written in FY2020. 6 of 9 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 6 of 13 companies on the "Worse" side.
5 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「If a major earthquake, storm or flood, fire or other accident occurs in the group's operating areas or along its value chain, it may affect the group's performance and financial position. The same applies if the spread of an infectious disease, including COVID-19, makes it difficult to continue operating activities.」
The risk of reduced operating activity and demand due to COVID-19 has been broadened and reorganized as a business continuity risk covering “natural disasters, pandemics and other events,” including natural disasters and fires. - FY2022-Q3RestatedAnnual report
「In the food service industry, consumer sentiment has weakened due to the spread of COVID-19, in addition to intensifying competition across industries and business formats, and the operating environment remains challenging.」
The decline in consumer sentiment and challenging environment for the restaurant industry caused by the spread of COVID-19 continued into the third quarter. - FY2022-Q2RestatedAnnual report
「In the food service industry, consumer sentiment has weakened due to the spread of COVID-19, in addition to intensifying competition across industries and business formats, and the operating environment remains challenging.」
The decline in consumer sentiment and challenging environment for the restaurant industry caused by the spread of COVID-19 continued into the second quarter. - FY2022-Q1RestatedAnnual report
「In the food service industry, consumer sentiment has weakened due to the spread of COVID-19, in addition to intensifying competition across industries and business formats, and the operating environment remains challenging.」
The decline in consumer sentiment and challenging environment for the restaurant industry caused by the spread of COVID-19 continued into the first quarter. - FY2021RestatedAnnual report
「The spread and prolonged course of the pandemic may lead to temporary closures, reduced operating hours and sluggish consumption, potentially affecting the performance and financial position of the group.」
The risk of operating restrictions, sluggish consumption and an impact on performance and financial position due to the spread and prolonged course of COVID-19 continues. - FY2021-Q3RestatedAnnual report
「In the food service industry, the operating environment remains challenging as consumer sentiment has deteriorated due to COVID-19 infections, in addition to rising labor costs and raw material costs against a backdrop of labor shortages, intensifying competition across industries and business formats, and other factors.」
The deterioration in consumer sentiment and challenging operating environment caused by COVID-19 continued into the third quarter. - FY2021-Q2RestatedAnnual report
「In the food service industry, the operating environment remains challenging as consumer sentiment has deteriorated due to COVID-19 infections, in addition to rising labor costs and raw material costs against a backdrop of labor shortages, intensifying competition across industries and business formats, and other factors.」
The deterioration in consumer sentiment and challenging operating environment caused by COVID-19 continued into the second quarter. - FY2021-Q1WorsenedAnnual report
「In the food service industry, the operating environment remains challenging as consumer sentiment has deteriorated due to COVID-19 infections, in addition to rising labor costs and raw material costs against a backdrop of labor shortages, intensifying competition across industries and business formats, and other factors.」
The impact of the spread of COVID-19 continued into the first quarter, with revenue down 30.4% year on year and the quarterly loss attributable to owners of the parent totaling ¥2.614 billion. - FY2020MaterialisedAnnual report
「Revenue for the consolidated fiscal year decreased by ¥3.731 billion due to the impact of COVID-19, although」
The company first identified concerns over temporary closures, reduced operating hours and sluggish consumption due to the spread and prolonged course of the pandemic as a standalone risk, and explained that customer numbers actually declined in February and March, resulting in a ¥3.731 billion decrease in revenue.