Increased Uncertainty in the Business Environment Due to COVID-19
First written in FY2020. 10 of 14 entries say "Restated". Latest entry: FY2024.
57 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual reportThe FY2024 description of business risks and operating results does not identify COVID-19 as a standalone business-environment risk.
- FY2023MitigatedAnnual report
「In light of the fact that consolidated results for the current fiscal year recovered steadily from the decline in earnings caused by COVID-19, and that each profit figure significantly exceeded the plan, the Company decided to pay a dividend of ¥46 per share, comprising an interim dividend of ¥18 and a year-end dividend of ¥28.」
The disclosure notes the recovery from the decline in earnings caused by COVID-19. At the same time, uncertainty remains in the economic environment, including the risk of a renewed increase in infections. - FY2023-Q3RestatedAnnual report
「Although it is difficult to accurately predict how the impact of COVID-19 will spread or when it will subside, the Group has assumed that a certain impact will remain at the end of the fiscal year ending March 2023 and has made accounting estimates, including impairment accounting for fixed assets and the recoverability of deferred tax assets.」
The disclosure continues to assume that the impact of COVID-19 will remain at the end of the fiscal year ending March 2023. - FY2023-Q2RestatedAnnual report
「Although it is difficult to accurately predict how the impact of COVID-19 will spread or when it will subside, the Group has assumed that a certain impact will remain at the end of the fiscal year ending March 2023 and has made accounting estimates, including impairment accounting for fixed assets and the recoverability of deferred tax assets.」
The disclosure continues to assume that the impact of COVID-19 will remain at the end of the fiscal year ending March 2023. - FY2023-Q1RestatedAnnual report
「Although it is difficult to accurately predict how the impact of COVID-19 will spread or when it will subside, the Group has assumed that a certain impact will remain at the end of the fiscal year ending March 2023 and has made accounting estimates, including impairment accounting for fixed assets and the recoverability of deferred tax assets.」
FY2023-Q1 also continues to assume that the impact of COVID-19 will remain at the end of the fiscal year ending March 2023. - FY2022RestatedAnnual report
「Although signs of recovery can be seen in the steel and automotive industries that form the group’s customer base, the company expects the outlook to remain uncertain. It will continue to monitor developments and review its business strategy and other measures if deemed necessary.」
While noting signs of recovery in key customer industries, the disclosure continues to highlight uncertainty about the outlook due to COVID-19 and the possibility of a review of management strategy. - FY2022-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, corporate and economic activity showed signs of recovery as economic activity gradually resumed while measures were taken to prevent the spread of the novel coronavirus disease. However, the outlook remained uncertain and difficult to foresee amid the spread of new virus variants and other factors.」
While economic activity has shown signs of recovery under measures to control COVID-19, uncertainty in the business environment due to the spread of new variants and other factors continues. - FY2022-Q2RestatedAnnual report
「Although economic activity showed signs of improvement as COVID-19 vaccinations became more widespread, the outlook remained uncertain due to the spread of variants and soaring raw material prices.」
While noting the improvement in economic activity resulting from the wider availability of vaccines, the disclosure indicates that uncertainty in the business environment caused by COVID-19 continues due to the spread of variants and other factors. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, Japan's economy remained in a difficult situation due to the prolonged impact of the spread of COVID-19. Although vaccination progressed in Japan and some signs of recovery were seen in corporate activity, the outlook remained uncertain, with concerns about the spread of new variants.」
The difficult economic conditions and uncertainty about the outlook caused by the prolonged spread of COVID-19 continue. While noting some recovery associated with vaccinations, the disclosure expresses concern about the spread of new variants. - FY2021RestatedAnnual report
「Although signs of recovery can be seen in the steel and automotive industries that form the group’s customer base, the company expects the outlook to remain uncertain. It will continue to monitor developments and review its business strategy and other measures if deemed necessary.」
The disclosure notes signs of recovery in key customer industries, while continuing to highlight uncertainty about the outlook and the possibility of a review of management strategy. - FY2021-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, corporate and economic activity showed signs of recovery as economic activity gradually resumed while measures were taken to prevent the spread of the novel coronavirus disease. However, the outlook remained uncertain and difficult to foresee as new infections began to rise again.」
The impact of COVID-19 on economic activity and uncertainty in the business environment have continued. - FY2021-Q2RestatedAnnual report
「As the global spread of COVID-19 has intensified the deterioration in employment conditions and the sense of recession caused by stagnant economic activity」
The company states that stagnation in economic activity and deterioration in the business environment caused by COVID-19 have continued. - FY2021-Q1MaterialisedAnnual report
「During the first quarter of the current consolidated fiscal year, the economic downturn intensified due to the consumption tax increase and trade friction. Economic activity stagnated as the novel coronavirus spread globally, leaving the outlook uncertain and difficult to foresee.」
The company states that economic activity stagnated as a result of the global spread of COVID-19, and that the uncertainty in the business environment identified in the previous fiscal year has materialized as actual economic conditions. - FY2020First statedAnnual report
「The impact of the COVID-19 pandemic on results for the fiscal year ended March 2020 was limited because the spread of the infection occurred just before the end of the fiscal year. However, the business environment surrounding the group has become uncertain, as production and sales have declined in the steel and automotive industries, which form the group’s customer base.」
The company identifies the spread of COVID-19 and declines in production and sales in the steel and automotive industries, its major customers, as new risks. Although the impact on the fiscal year ended March 2020 was considered limited, the company states that the outlook has become uncertain.