Business Impacts of Pandemics Such as COVID-19
First written in FY2020. 5 of 11 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024-Q3MitigatedAnnual report
「During the nine-month period ended 31 December 2023 (from 1 April 2023 to 31 December 2023), Japan’s economy moved toward normalization of economic activity as COVID-19 was reclassified as a Class 5 infectious disease, and personal consumption showed a gradual recovery trend.」
The company states that economic activity is moving toward normalization following the reclassification of COVID-19 as a Class 5 infectious disease, indicating that its impact on the business environment has weakened from previous levels. - FY2023-Q3RestatedAnnual report
「In terms of profit and loss, although the company was affected by the reaction to the previous fiscal year's demand increase from people staying at home following the issuance of the state of emergency and by the higher cost ratio resulting from the weaker yen, it achieved improved profit due in part to reductions in selling, general and administrative expenses.」
The company states that the reaction to the increase in stay-at-home demand in the previous fiscal year continued to affect profit and loss, but that profit improved as a result of lower selling, general and administrative expenses. - FY2023-Q1Revenue and Profit Declined Following the Reversal of Stay-at-Home DemandAnnual report
「In terms of profit and loss, revenue and profit declined due to the reaction to the previous fiscal year's demand increase from people staying at home following the issuance of the state of emergency, as well as the impact of higher ocean container freight rates, raw material prices and the weaker yen, which raised the cost ratio.」
The company states that the reaction to the increase in stay-at-home demand associated with COVID-19 in the previous fiscal year appeared in actual results for the first quarter as declines in revenue and profit. - FY2022RestatedAnnual report
「The impact of COVID-19 on the company’s operating results is difficult to predict, so these effects have not been incorporated into the full-year forecasts for the fiscal year ending March 2023. As COVID-19 may affect the company’s operating results going forward, the company will promptly disclose any matters that should be announced.」
The impact of COVID-19 is difficult to predict and has not been incorporated into the following fiscal year’s forecasts, while the company continues to disclose the possibility of an impact on operating results. - FY2022-Q3RestatedAnnual report
「In terms of earnings, sales and profit declined due to the reversal of the increase in demand in the same period of the previous year, but the shift in sales channels to the LOWYA flagship store progressed steadily.」
The company states that, while the reaction to the year-earlier increase in demand associated with COVID-19 resulted in declines in revenue and profit, the shift in channels to the LOWYA flagship store progressed. - FY2022-Q2RestatedAnnual report
「In terms of earnings, sales and profit declined due to the reversal of the increase in demand in the same period of the previous year, particularly at marketplace stores, but the shift in sales channels to the LOWYA flagship store progressed steadily.」
The company continues to report declines in revenue and profit due to the reaction to the increase in demand in the year-earlier period, along with progress in the shift in channels to the LOWYA flagship store. - FY2022-Q1Revenue and Profit Declined Following the Demand SurgeAnnual report
「In terms of operating results, revenue and profit declined as a result of the reaction to the surge in demand in the year-earlier period.」
The company states that the reaction to the year-earlier surge in demand associated with COVID-19 appeared in actual results for the current quarter as declines in revenue and profit. - FY2021-Q3RestatedAnnual report
「In terms of earnings, although the surge in demand driven by the COVID-19 pandemic had run its course, the shift in sales channels to the LOWYA (ロウヤ) flagship store progressed steadily, and sales substantially exceeded the same period of the previous year.」
The company states that, even after the surge in demand caused by COVID-19 had subsided, sales significantly exceeded the year-earlier period due to the shift in sales channels to the LOWYA flagship store. - FY2021-Q2Revenue Growth Continued After the Demand Surge SubsidedAnnual report
「In terms of earnings, although the surge in demand driven by the COVID-19 pandemic had run its course, the shift in sales channels to the LOWYA (ロウヤ) flagship store progressed steadily, and sales substantially exceeded the same period of the previous year.」
Although the surge in demand caused by COVID-19 had subsided, the company states that sales significantly exceeded the year-earlier period as a result of the shift in sales channels to the LOWYA flagship store. - FY2021-Q1MaterialisedAnnual report
「In terms of operating results, as the shift in sales channels to the LOWYA flagship store progressed smoothly, demand was also boosted by the impact of COVID-19, resulting in record-high quarterly sales.」
The company describes the actual impact of COVID-19 on operating results as a boost to demand rather than production or logistics stoppages, and states that it achieved record-high quarterly sales. - FY2020First statedAnnual report
「If an extraordinary situation beyond the company’s expectations occurs, such as a pandemic like the spread of COVID-19 at the company’s facilities or at business partners, production at contract manufacturers and operations of delivery providers may be suspended, the company’s logistics may be disrupted, and service levels may decline because employees are unable to commute. Depending on the nature and outcome of such events, the company’s business and operating results may be affected.」
Newly discloses the business impact of a pandemic such as the spread of COVID-19 as a risk, including production stoppages, logistics disruptions, employees being unable to commute and lower service levels.