Store closures and deterioration in the retail environment due to COVID-19
First written in FY2021-Q1. 8 of 19 entries say "Materialised", first in FY2021-Q1. Latest entry: 2026-04-10.
Studio Atao 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".
- 2026-04-10MitigatedManagement PlanningSuggests it is closing out
「新型コロナウイルス感染症やECサイトのリプレイスの影響等により一時的に売上高成長率がマイナスとなっておりましたが、直近では再度売上が拡大基調にあり」
新型コロナウイルス感染症の影響は過去の売上減少要因として扱われ、直近の売上拡大基調が記載されている。 - FY2025MitigatedAnnual report
「During the fiscal year, Japan's economy showed signs of moving toward normalization of economic activity as human mobility, including inbound tourism, recovered, and personal consumption was beginning to recover, while the outlook remained uncertain due to the protracted Russia-Ukraine conflict, global inflation associated with worsening conditions in the Middle East and the continued depreciation of the yen.」
Rather than store closures and deterioration in the retail environment due to COVID-19, the company described the recovery in human mobility and the move toward normalization of economic activity, indicating that the previous impact of the pandemic was easing. However, uncertainty due to inflation and yen depreciation remained. - FY2025-H1RestatedAnnual report
「As restrictions on activity associated with COVID-19 were eased, economic activity showed signs of moving toward normalization in line with the recovery in human mobility, including inbound tourism,」
Following the previous quarter, the company described the easing of restrictions on activity associated with COVID-19, the recovery in human mobility and the move toward normalization of economic activity. - FY2025-Q1MitigatedAnnual report
「As restrictions on activity associated with COVID-19 were eased, economic activity showed signs of moving toward normalization in line with the recovery in human mobility, including inbound tourism,」
The company described the easing of restrictions on activity associated with COVID-19, the recovery in human mobility and the move toward normalization of economic activity, stating that the previous impact of store closures and deterioration in the retail environment was easing. - FY2024RestatedAnnual report
「Although restrictions on activity related to COVID-19 have been eased and economic activity is moving toward normalization, the outlook remains unclear due to factors including the impact of the yen’s depreciation, rising prices, higher energy prices resulting from the prolonged Russia-Ukraine situation, and concerns about an economic recession against the backdrop of global monetary tightening.」
The company stated that the impact of the pandemic's previous restrictions on activity and the retail environment was easing, while uncertainty in the economic environment continued. - FY2024-Q3RestatedAnnual report
「Although restrictions on activity related to COVID-19 have been eased and economic activity is moving toward normalization, the outlook remains unclear due to factors including the impact of the yen’s depreciation, rising prices, higher energy prices resulting from the prolonged Russia-Ukraine situation, and concerns about an economic recession against the backdrop of global monetary tightening.」
While indicating that restrictions on activity due to the pandemic were easing and economic activity was moving toward normalization, the company reiterated that the uncertain economic environment would continue. - FY2024-Q2RestatedAnnual report
「Although restrictions on activity related to COVID-19 have been eased and economic activity is moving toward normalization, the outlook remains unclear due to factors including the impact of the yen’s depreciation, rising prices, higher energy prices resulting from the prolonged Russia-Ukraine situation, and concerns about an economic recession against the backdrop of global monetary tightening.」
While reconfirming the easing of restrictions on activity due to COVID-19 and the move toward normalization of economic activity, the company stated that the uncertain economic environment would continue. - FY2024-Q1MitigatedAnnual report
「Although restrictions on activity related to COVID-19 have been eased and economic activity is moving toward normalization, the outlook remains unclear due to factors including the impact of the yen’s depreciation, rising prices, higher energy prices resulting from the prolonged Russia-Ukraine situation, and concerns about an economic recession against the backdrop of global monetary tightening.」
The company stated that restrictions on activity due to COVID-19 had been eased and economic activity was moving toward normalization. While the deterioration in the business environment caused by the pandemic was easing, uncertainty due to other economic factors continued. - FY2023-Q3MitigatedAnnual report
「As a result, store sales by sales channel for the nine months ended the third quarter amounted to ¥1,213.252 million, up 22.3% year on year, due in part to a reduction in the impact of the spread of COVID-19.」
The company stated that the impact of the pandemic had diminished and store sales had increased 22.3% year on year. - FY2023-Q2MitigatedAnnual report
「As a result, store sales by sales channel for the six months ended the second quarter amounted to ¥824.276 million, up 29.3% year on year, due in part to a reduction in the impact of the spread of COVID-19.」
The company stated that the impact of the pandemic had diminished and store sales had increased 29.3% year on year. - FY2023-Q1MitigatedAnnual report
「As a result, store sales by sales channel for the three months ended the first quarter amounted to ¥472.049 million, due in part to a reduction in the impact of the spread of COVID-19,」
The company stated that although the impact of the pandemic continued, store sales were recovering as the impact diminished and activity restrictions were eased. - FY2022MaterialisedAnnual report
「Due to the impact of temporary store closures and consumers refraining from going out following the resurgence of COVID-19 infections, net sales for the fiscal year amounted to ¥3,616.170 million, down 9.7% from the previous fiscal year, operating profit was ¥12.751 million, down 86.5%, ordinary profit was ¥11.234 million, down 88.2%, and loss attributable to owners of the parent was ¥21.877 million, compared with profit attributable to owners of the parent of ¥35.011 million in the previous fiscal year.」
The effects of the resurgence of infections, store closures and consumers refraining from going out actually affected full-year results, appearing as lower net sales, a substantial decline in profit and a net loss for the period. - FY2022-Q3MaterialisedAnnual report
「Although the company was affected by temporary store closures and consumers refraining from going out due to the resurgence of COVID-19 infections」
Although store closures and consumers refraining from going out due to the resurgence of infections actually affected the nine months ended the third quarter, store sales increased as a result of fewer closure days. - FY2022-Q2MaterialisedAnnual report
「Although the company was affected by temporary store closures and consumers refraining from going out due to the resurgence of COVID-19 infections, store sales amounted to ¥637.604 million, up 28.4% year on year, due in part to fewer closure days than in the six months ended the second quarter of the previous fiscal year, while」
Although the resurgence of infections led to store closures and consumers refraining from going out during the quarter, store sales increased 28.4% year on year due to fewer closure days. - FY2022-Q1MaterialisedAnnual report
「Although the company was affected by temporary store closures and consumers refraining from going out due to the resurgence of COVID-19 infections, net sales for the three months ended the first quarter amounted to ¥1,045.545 million, up 23.1% year on year, due to fewer closure days than in the three months ended the first quarter of the previous fiscal year and growth in sales of the ILEMER brand.」
Although the resurgence of infections led to temporary store closures and consumers refraining from going out during the quarter, net sales increased 23.1% year on year due in part to fewer closure days. - FY2021MaterialisedAnnual report
「Due to the temporary closure of all stores for approximately two months following the spread of COVID-19, as well as consumers refraining from going out, net sales for the fiscal year amounted to ¥4,005.491 million, down 3.3% from the previous fiscal year, operating profit was ¥94.198 million, down 88.0%, ordinary profit was ¥95.009 million, down 88.0%, and profit attributable to owners of the parent was ¥35.011 million, down 93.5%.」
The impact of the temporary closure of all stores for approximately two months and consumers refraining from going out extended through the full fiscal year, resulting in net sales down 3.3%, operating profit down 88.0% and net profit for the period down 93.5%. - FY2021-Q3MaterialisedAnnual report
「As a result, net sales for the nine months ended [current third quarter] were ¥2,766.832 million, down 13.9% year on year. Although active investment in sales promotion expenses for the ILEMER brand expanded sales, the result was affected by the temporary closure of all stores for approximately 2 months and consumers refraining from going out following the spread of COVID-19. Operating profit was ¥258.348 million, down 62.9%, ordinary profit was ¥255.860 million, down 63.3%, and profit attributable to owners of the parent was ¥159.285 million, down 67.0%, due to the decline in net sales and active investment in ILEMER.」
The impact of the COVID-19 pandemic, including the closure of all stores and consumers refraining from going out, continued, and its effects on results became apparent, with net sales down 13.9% year on year and operating profit down 62.9%. - FY2021-Q2MaterialisedAnnual report
「Due to the temporary closure of all stores for approximately two months following the spread of COVID-19, as well as consumers refraining from going out, store sales amounted to ¥496.620 million, down 52.6% year on year,」
The impact of the COVID-19 pandemic, including the closure of all stores and consumers refraining from going out, continued during the six months ended the second quarter, resulting in a 52.6% year-on-year decline in store sales. - FY2021-Q1MaterialisedAnnual report
「Due to the impact of the temporary closure of all stores for approximately two months following the spread of COVID-19, as well as consumers refraining from going out, net sales for the three months ended the first quarter amounted to ¥849.193 million, down 42.4% year on year.」
While the formal disclosure stated that there had been no material changes in business and other risks, the analysis of operating results stated that the COVID-19 pandemic had actually resulted in the temporary closure of all stores and a 42.4% year-on-year decline in net sales.