Business Interruption and Impact on Performance Due to COVID-19
First written in FY2020. 5 of 9 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023-Q3RestatedAnnual report
「There were no material changes to the assumptions regarding the impact of COVID-19 in making accounting estimates, as described in the “Additional Information” section of the securities report for the previous consolidated fiscal year.」
The company states that there were no material changes to the assumptions used in accounting estimates regarding the impact of COVID-19. - FY2023-Q2RestatedAnnual report
「There were no material changes to the assumptions regarding the impact of COVID-19 in making accounting estimates, as described in the “Additional Information” section of the securities report for the previous consolidated fiscal year.」
The company states that there were no material changes to the assumptions used in accounting estimates regarding the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「There were no material changes to the assumptions regarding the impact of COVID-19 in making accounting estimates, as described in the “Additional Information” section of the securities report for the previous consolidated fiscal year.」
The company states that there were no material changes to the assumptions used in accounting estimates regarding the impact of COVID-19. - FY2022-Q3RestatedAnnual report
「There were no material changes to the assumptions regarding the impact of COVID-19 in making accounting estimates, as described in the “Additional Information” section of the securities report for the previous consolidated fiscal year.」
The company states that there were no material changes to the assumptions used in accounting estimates regarding the impact of COVID-19. - FY2022-Q1RestatedAnnual report
「There were no material changes to the assumptions regarding the impact of COVID-19 in making accounting estimates, as described in the “Additional Information” section of the securities report for the previous consolidated fiscal year.」
States that there have been no material changes to the accounting assumptions concerning the impact of COVID-19. - FY2021-Q3MaterialisedAnnual report
「Profit declined under the impact of sluggish demand accompanying the global spread of COVID-19. COVID-19-related losses - 243」
The COVID-19 risk materialized as lower profit in the overseas business, and COVID-19-related losses of ¥243 million were also recorded. - FY2021-Q2MaterialisedAnnual report
「In Overseas-Related Businesses, revenue increased due to an increase in consolidated subsidiaries, but profit declined under the impact of sluggish demand accompanying the global spread of COVID-19. COVID-19-related losses - 243」
The COVID-19 risk materialized as lower profit due to sluggish overseas demand, and COVID-19-related losses of ¥243 million were also recorded. - FY2021-Q1MaterialisedAnnual report
「Consolidated results for the first quarter cumulative period declined in both revenue and profit due to the impact of an economic slowdown accompanying the spread of COVID-19. COVID-19-related losses - 243」
The COVID-19 risk materialized as lower revenue and profit across the company, sluggish demand in China, and sluggish transportation demand, and COVID-19-related losses of ¥243 million were also recorded as an extraordinary loss. - FY2020First statedAnnual report
「As of the filing date, amid the greatest crisis since the end of World War II caused by the spread of COVID-19, the Rengo Group had no outlook for the scale of the future spread or when it would subside. Depending on how the situation develops, however, it could affect the Group's operating results and financial condition, among other factors.」
The spread of COVID-19 was identified explicitly for the first time as an independent major risk, with no outlook for the scale of its future impact or when it would subside.