Impact of the Spread of COVID-19 on Business Performance and Financial Condition
First written in FY2020-Q3. 6 of 8 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023ReframedAnnual report
「Although COVID-19 was reclassified to Category 5, the risk of infection does not disappear throughout the year. If infected employees affect internal operations through restrictions on economic activity, market conditions could deteriorate. In addition, restrictions on face-to-face sales activities could disrupt purchasing and sales activities and affect the Company Group’s business performance.」
Even after COVID-19 was reclassified to Category 5, infectious disease risk remains in the form of potential effects on internal operations, sales activities, and purchasing and sales throughout the year. - FY2022RestatedAnnual report
「Regarding the impact of COVID-19, no direct and material disruption to the Company Group’s business, financial or economic activities had occurred as of the filing date.」
While acknowledging the possibility of an impact from a prolonged infectious disease outbreak and variant strains, the Company states that no direct and material disruption to its business, financial or economic activities had occurred as of the filing date. - FY2022-Q3RestatedAnnual report
「Regarding the impact of COVID-19, no material disruption to the Company Group’s business, financial or economic activities had occurred as of the filing date.」
While assuming the possibility of an impact from COVID-19, the Company continues to state that no material disruption to its business, financial or economic activities had occurred as of the filing date. - FY2022-Q1RestatedAnnual report
「Regarding the impact of COVID-19, no material disruption to the Company Group’s business, financial or economic activities had occurred as of the filing date.」
While assuming the possibility of an impact from COVID-19, the Company continues to state that no material disruption to its business, financial or economic activities had occurred as of the filing date. - FY2021-Q3RestatedAnnual report
「Regarding the impact of COVID-19, no material impact on the Company Group’s business activities had occurred as of the filing date.」
While assuming the possibility of an impact from COVID-19, the Company continues to state that no material impact on its business activities had occurred as of the filing date. - FY2021-Q2RestatedAnnual report
「Regarding the impact of COVID-19, no material impact on the Company Group’s business activities had occurred as of the filing date.」
While assuming the possibility of an impact from COVID-19, the Company continues to state that no material impact on its business activities had occurred as of the filing date. - FY2021-Q1RestatedAnnual report
「Regarding the impact of COVID-19, no material impact on the Company Group’s business activities has occurred as of the current date.」
While the possibility of an impact from the spread of the infection remains, the Company states that no material impact on its business activities had occurred as of the filing date. - FY2020-Q3First statedAnnual report
「The global spread of the novel coronavirus could affect the Company Group’s business performance and financial condition, and the Company will continue to monitor the situation closely.」
The Company has explicitly identified the possibility that the global spread of the novel coronavirus could affect the Company Group’s business performance and financial condition as a new business risk. It does not state that an impact has actually occurred.