Changes in Social Activity and Consumer Trends Due to the Spread of COVID-19
First written in FY2021-Q1. 5 of 17 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025-H1SoftenedAnnual report
「In the food service industry, demand for eating out has continued to trend upward as the movement of people has increased and inbound demand has grown,」
The disclosure has shifted from focusing on COVID-19-related restrictions on activities and closures to describing the recovery in demand for eating out due to increased movement of people and inbound demand. - FY2025-Q1RestatedAnnual report
「In the food service industry, domestic consumer activity has recovered due to increased customer visit frequency following the lifting of restrictions on activities and growing inbound demand resulting from the yen's depreciation,」
The disclosure continues to describe the recovery in customer visit frequency and consumer activity following the lifting of restrictions on activities. - FY2024-Q3SoftenedAnnual report
「Following the reclassification of COVID-19 as a Category 5 infectious disease, social activity and consumer behavior have regained their pre-pandemic vitality, and economic activity is moving toward normalization.」
The disclosure describes the shift to Category 5 infectious disease status and the normalization of economic activity, indicating that COVID-19's impact on social activity and consumer trends has weakened from previously. - FY2024-Q2SoftenedAnnual report
「As COVID-19 was reclassified as a Category V infectious disease in May, restrictions on activity were lifted, consumption became more active, and the economy began to recover gradually.」
The disclosure states that the shift to Category 5 infectious disease status and the lifting of restrictions on activities have reduced COVID-19's impact on social activity and consumer trends from previously. - FY2024-Q1SoftenedAnnual report
「With restrictions on activities related to COVID-19 having subsided, the easing of entry restrictions for people arriving from overseas and the implementation of nationwide travel assistance have significantly increased the movement of people, and economic activity is gradually picking up as the domestic economy moves toward normalization.」
The disclosure describes the subsiding of restrictions on activities and the normalization of economic activity, indicating that COVID-19's impact on social activity and consumer trends has weakened from previously. Other cost and geopolitical risks, however, remain. - FY2023ReframedAnnual report
「While most restrictions related to COVID-19 have been lifted and economic activity is beginning to normalize,」
The disclosure has shifted from its previous focus on prolonged infectious-disease restrictions to the coexistence of moves to lift restrictions and normalize economic activity with inflation and geopolitical risks. - FY2023-Q3RestatedAnnual report
「Since the priority preventive measures were lifted in March, the easing of restrictions on activities has led to a gradual recovery in the performance of consumption-related industries, including accommodation and food services. However, the operating environment remains challenging due to geopolitical risks such as the protracted situation in Ukraine and higher energy and raw material prices resulting from the yen's depreciation.」
The disclosure refers to a gradual recovery following the easing of restrictions on activities, while continuing to describe the challenging operating environment caused by geopolitical risks, the yen's depreciation, and higher energy and raw material prices. - FY2023-Q2ReframedAnnual report
「Since the priority preventive measures were lifted in March, the effects of various government and local-government measures have helped balance preventing the spread of COVID-19 with social and economic activity. Corporate activity and personal consumption have shown signs of recovery despite remaining in difficult conditions.」
The disclosure refers to the recovery in social and economic activity following the lifting of priority preventive measures and the easing of restrictions on activities, while stating that the impact of shortened business hours remains. - FY2023-Q1MaterialisedAnnual report
「In the food service industry, the reapplication of the aforementioned priority preventive measures forced the Company to suspend operations or shorten business hours to prevent the spread of infection.」
The reapplication of priority preventive measures led to actual closures and shortened business hours, affecting the operating environment and sales. - FY2022MaterialisedAnnual report
「With the arrival of winter and the spread of new variants of the disease, priority preventive measures to prevent the spread of disease were reapplied across Japan. This forced the Company to suspend operations or shorten business hours, and the extremely challenging operating environment continues.」
The spread of variants and the reapplication of priority preventive measures led to continued closures and shortened business hours, and the challenging operating environment continued. - FY2022-Q3MaterialisedAnnual report
「Although the state of emergency was lifted on 30 September in the food service industry, the extremely challenging operating environment continues due to the effects of having received intermittent requests from the government and local authorities over an extended period to suspend operations or shorten business hours to prevent the spread of infection.」
Even after the state of emergency was lifted, the food service industry's challenging operating environment continued due to the effects of extended requests to suspend operations or shorten business hours. - FY2022-Q2RestatedAnnual report
「The food service industry has remained in difficult conditions overall for more than 1 year, and the extremely challenging operating environment continues.」
The Company continues to disclose requests to suspend operations or shorten business hours due to the spread of infectious diseases, as well as the extremely challenging operating environment in the food service industry that has continued for more than 1 year. - FY2022-Q1WorsenedAnnual report
「The government has intermittently issued second and third states of emergency, while local governments have intermittently requested that people refrain from nonessential, nonurgent outings and that restaurants, in particular, suspend operations or shorten business hours under priority preventive measures to prevent the spread of disease. However, the situation has become even more serious with the spread of variant viruses.」
The renewed spread of infectious diseases and variant viruses has led to intermittent states of emergency, priority preventive measures, requests to refrain from going out, and requests to suspend operations or shorten business hours. - FY2021MaterialisedAnnual report
「After the declaration was lifted in April 2020, economic activity gradually resumed, but the renewed spread of the disease with the arrival of winter forced the Company to suspend operations or shorten business hours to prevent further spread.」
The renewed spread of COVID-19 led to actual closures and shortened business hours, affecting sales and the operating environment. - FY2021-Q3RestatedAnnual report
「If COVID-19 or another infectious disease spreads further, a state of emergency is declared, and there are major changes in social life and consumer trends, such as requests to refrain from going out or to suspend operations, this could affect the Company's performance.」
The risk of an impact on performance from the spread of COVID-19 and other infectious diseases, declarations of a state of emergency, and requests to refrain from going out or suspend operations continues to be disclosed. - FY2021-Q2RestatedAnnual report
「If COVID-19 or another infectious disease spreads further, a state of emergency is declared, and there are major changes in social life and consumer trends, such as requests to refrain from going out or to suspend operations, this could affect the Company's performance.」
The risk of an impact on performance from the spread of COVID-19 and other infectious diseases, declarations of a state of emergency, and requests to refrain from going out or suspend operations continues to be disclosed. - FY2021-Q1First statedAnnual report
「If COVID-19 or another infectious disease spreads further, a state of emergency is declared, and there are major changes in social life and consumer trends, such as requests to refrain from going out or to suspend operations, this could affect the Company's performance.」
The spread of COVID-19 and other infectious diseases, declarations of a state of emergency, and changes in social life and consumer trends caused by requests to refrain from going out or suspend operations are identified as new business risks. It also states that voluntary suspension of operations and closures had a significant impact on performance during the current quarter.