Impact of the COVID-19 pandemic on results and financial position
First written in FY2020-Q2. 5 of 12 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023-Q1RestatedAnnual report
「However, if our assessment is revised in light of changes in the spread of COVID-19, those changes may have a significant impact on the financial position and operating performance of our group.」
The risk assessment that changes in the COVID-19 situation may affect financial position and operating performance has continued. - FY2022MitigatedAnnual report
「Although the likelihood that our group's business activities will be significantly restricted by COVID-19 is currently low and it is difficult to predict when the outbreak will subside, we believe its impact on our group's business performance will be limited.」
The infection risk continues to be recognized, but the assessment indicates that the likelihood of significant restrictions on business activities is low and the impact on business performance will be limited. - FY2022-Q3RestatedAnnual report
「However, if our assessment is revised in light of changes in the spread of COVID-19, those changes may have a significant impact on the financial position and operating performance of our group.」
The risk assessment that changes in the COVID-19 situation may affect financial position and operating performance has continued. - FY2022-Q2RestatedAnnual report
「However, if our assessment is revised in light of changes in the spread of COVID-19, those changes may have a significant impact on the financial position and operating performance of our group.」
The risk assessment that changes in the COVID-19 situation may have a significant impact on financial position and operating performance has continued. - FY2022-Q1RestatedAnnual report
「As COVID-19 has increased the amount of time people spend at home and forced them to avoid contact with others, lifestyles have gradually changed. This has brought major changes even to services used by general consumers, with digital content services such as video streaming services that can be readily enjoyed online becoming mainstream, while many cashless services offering contactless transactions have been promoted.」
Changes in lifestyles and consumer behavior caused by COVID-19 have continued to be reflected in increased use of digital content and contactless services. - FY2021RestatedAnnual report
「During the consolidated fiscal year, COVID-19 infections resurged in the winter, a second state of emergency was declared and subsequently lifted, and a third declaration was then issued, so uncertainty about the outlook continued. However, as of the end of September 2021, the state of emergency and priority preventive measures to prevent the spread of disease had been lifted nationwide.」
The resurgence of infections, the second and third states of emergency, and uncertainty about the outlook continued to be cited, while restrictions on activities were lifted at the end of the period. - FY2021-Q3WorsenedAnnual report
「During the nine months ended December 31, COVID-19 infections resurged in the winter and a second state of emergency was declared. Although it was lifted once, a third declaration was subsequently issued, and uncertainty about the outlook continued.」
The economic impact risk from COVID-19 has continued and intensified due to the resurgence of infections and the second and third states of emergency. - FY2021-Q2WorsenedAnnual report
「During the six months ended September 30, COVID-19 infections resurged in the winter and a second state of emergency was declared. Although some industries showed signs of recovery because fewer industries were subject to requests and the number of regions ultimately covered was smaller than during the first declaration, uncertainty about the outlook continued.」
The resurgence of COVID-19 infections and the second state of emergency were cited, indicating that uncertainty about the economic outlook remains. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy remained uncertain, despite support for the tourism industry from the lifting of the ban on Tokyo departures and arrivals under the Go To Travel campaign and increased use of internet services that can be accessed from home, such as e-commerce sites and video streaming services, amid demand for staying at home during the period of voluntary restraint on outings. COVID-19 infections resurged this winter, and requests for reduced business hours were again made to restaurants in each prefecture. If the spread continues and these conditions persist, the economic downturn is expected to become even more severe.」
The resurgence of COVID-19 infections and requests for reduced business hours from restaurants were cited, indicating the possibility that the economic downturn may become even more severe. - FY2020MaterialisedAnnual report
「Although segment profit increased, revenue declined due to the maturity of the points-media market as a whole, intensifying competition with rival companies, and indirect effects from the decline in travel-related advertising projects and advertising spending cuts by major companies caused by COVID-19.」
The decline in travel-related advertising projects and advertising spending cuts by major companies caused by COVID-19 have emerged in actual results as a decline in cloud media revenue. - FY2020-Q3WorsenedAnnual report
「We will continue to closely monitor developments concerning the impact of the spread of COVID-19 on the businesses of our group. However, if COVID-19 spreads further and becomes prolonged, economic activity and corporate and consumer purchasing activity in Japan and overseas may decline further, and the resulting effects may become more pronounced, potentially having a significant impact on the business performance and financial position of our group.」
The decline in economic and purchasing activity caused by COVID-19 is said to have already emerged in the business environment, with a heightened risk of further effects on business performance and financial position if the spread continues and becomes prolonged. - FY2020-Q2First statedAnnual report
「The spread of COVID-19 may affect our business performance and financial position, and we will continue to monitor developments closely.」
The potential for the spread of COVID-19 to affect business performance and financial position has been newly identified in addition to the existing risks. No actual impact is stated to have occurred.