Demand and Economic Impact of the Spread of COVID-19
First written in FY2020. 4 of 11 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2024-Q2.
Oji Holdings 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: 112 of 175 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2024-Q2Weak demand due to delayed recovery in overseas economiesAnnual report
「In Japan, the effects of lower sales resulting from restrained consumption amid rising prices were offset by price revisions and cost reductions. However, weak demand overseas due to the delayed economic recovery and deteriorating pulp market conditions caused operating profit to decline ¥1.6 billion, or 3.9%, from the same quarter of the previous year to ¥38.8 billion.」
Weak demand due to the delayed recovery of overseas economies, together with deteriorating pulp market conditions, was reflected in a year-on-year decline in operating profit. - FY2023-Q2Continued demand recovery amid the pandemicAnnual report
「Net sales were ¥837.5 billion, up ¥129.0 billion (18.2%) from the same quarter of the previous year, supported by demand recovery following the resumption of economic activity that had stagnated due to the spread of COVID-19, higher pulp market prices and price revisions implemented in response to the recent surge in raw material and fuel prices.」
Demand recovery accompanying the resumption of economic activity continued, while higher pulp market prices and price revisions contributed to an 18.2% year-on-year increase in net sales. - FY2023-Q1Continued demand recovery amid the pandemicAnnual report
「Net sales for the first quarter of the current consolidated cumulative period were ¥399.2 billion, up ¥56.5 billion (16.5%) from the same quarter of the previous year, supported by demand recovery following the resumption of economic activity that had stagnated due to the spread of COVID-19, higher pulp market prices and price revisions implemented in response to the recent surge in raw material and fuel prices.」
Demand recovered with the resumption of economic activity that had stagnated during the pandemic, while higher pulp market prices and price revisions contributed to a 16.5% year-on-year increase in net sales. - FY2022-Q3Continued demand recovery amid the pandemicAnnual report
「Net sales for the first 3 quarters of the current consolidated cumulative period were ¥1,085.6 billion, up ¥81.9 billion (8.2%) from the same period of the previous year, as demand gradually recovered with the resumption of economic activity that had stagnated due to the spread of COVID-19, alongside higher pulp selling prices.」
Although changes in the business environment caused by the pandemic continue, net sales increased 8.2% year on year, driven by demand recovery accompanying the resumption of economic activity and higher pulp prices. - FY2022-Q2Continued demand recovery amid the pandemicAnnual report
「Net sales for the first 2 quarters of the current consolidated cumulative period were ¥708.5 billion, up ¥56.1 billion (8.6%) from the same period of the previous year, as demand gradually recovered with the resumption of economic activity that had stagnated due to the spread of COVID-19, and pulp selling prices increased.」
Although changes in the business environment caused by the pandemic continue, net sales increased 8.6% year on year, driven by demand recovery accompanying the resumption of economic activity and higher pulp prices. - FY2022-Q1Demand recovery amid the pandemicAnnual report
「Net sales were ¥342.7 billion, up ¥20.9 billion (6.5%) from the same quarter of the previous year, as demand gradually recovered with the resumption of economic activity that had stagnated due to the spread of COVID-19, and pulp selling prices increased.」
Although the impact of the COVID-19 pandemic on demand and business performance remains, net sales increased 6.5% year on year, driven by demand recovery accompanying the resumption of economic activity and higher pulp prices. - FY2021MaterialisedAnnual report
「The group's performance in FY2020 declined substantially in both revenue and profit year on year, as product demand fell in Japan and overseas due to changes in demand patterns caused by the spread of COVID-19 and the stagnation of economic activity. ROE also declined from 8.5% in the previous year to 6.9%.」
The impact of the COVID-19 pandemic on demand and the economy materialized in full-year declines in revenue and profit and a lower ROE. - FY2021-Q3MaterialisedAnnual report
「In the cumulative third quarter, revenue was affected by the spread of COVID-19 in both the domestic and overseas businesses, falling ¥130.7 billion, or 11.5%, from the same quarter of the previous year to ¥1,003.8 billion. The Group's overseas sales ratio was 28.3%, down 0.9 percentage points from the same quarter of the previous year. Operating income declined in both the domestic and overseas businesses, falling ¥29.0 billion, or 34.2%, from the same quarter of the previous year to ¥55.8 billion.」
The impact of the COVID-19 pandemic was also evident in the nine-month cumulative results, with net sales down 11.5%, the overseas sales ratio at 28.3% and operating profit down 34.2%. - FY2021-Q2MaterialisedAnnual report
「Net sales for the first 2 quarters of the current consolidated cumulative period were ¥652.4 billion, down ¥107.8 billion (14.2%) from the same period of the previous year, reflecting the impact of the spread of COVID-19 on both domestic and overseas businesses. The group's overseas sales ratio was 28.6%, down 1.8 percentage points from the same period of the previous year. Operating profit declined in both domestic and overseas businesses to ¥29.3 billion, down ¥26.3 billion (47.3%) year on year.」
The impact of the COVID-19 pandemic on business performance was evident in the first-half cumulative results, with net sales down 14.2%, the overseas sales ratio at 28.6% and operating profit down 47.3%. - FY2021-Q1MaterialisedAnnual report
「Net sales for the first quarter of the current consolidated cumulative period were ¥321.9 billion, down ¥53.6 billion (14.3%) from the same quarter of the previous year, reflecting the impact of the spread of COVID-19 on both domestic and overseas businesses. Operating profit declined in both domestic and overseas businesses to ¥11.0 billion, down ¥13.2 billion (54.5%) from the same quarter of the previous year.」
The impact of the COVID-19 pandemic on demand and business performance has materialized in substantial declines in net sales and operating profit. - FY2020First statedAnnual report
「The global spread of COVID-19 has weakened economies in Japan and overseas, and the Group has recently experienced declining demand, particularly for printing paper, both domestically and overseas.」
The company identified the spread of COVID-19 as a new major risk and stated that a decline in demand, particularly for printing paper, had already occurred.