Business and Earnings Impact of the Spread of COVID-19
First written in FY2020-Q2. 1 of 4 entries say "Materialised", first in FY2020. Latest entry: FY2021.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2021Updated impact assessmentAnnual report
「The impact of the spread of COVID-19 on the business is currently minor.」
The company updated its assessment of the impact through the previous quarter and stated that the impact on the business was minor as of the end of the current consolidated fiscal year. - FY2021-Q2Updated impact assessmentAnnual report
「There are concerns about the impact of the stagnation of economic activity caused by the spread of COVID-19 on the global and domestic economies. The outlook is uncertain, and the situation may have a broad impact on economic and corporate activity, but as of the current date its impact on the Group is limited.」
While acknowledging uncertainty and the potential for broad effects from the spread of COVID-19, the company assesses the impact on the Group as limited as of the end of the quarter. - FY2020MaterialisedAnnual report
「The business continued to progress steadily after entering the second quarter of the consolidated fiscal year, but negative effects arose from the voluntary suspension and stagnation of economic activity associated with the spread of COVID-19.」
The company states that the negative effects of the voluntary suspension and stagnation of economic activity caused by COVID-19 had actually arisen. - FY2020-Q2First statedAnnual report
「The spread of COVID-19 may affect the Group’s operating results and financial position depending on how the situation develops. The company will continue to monitor developments. The business continued to progress steadily after entering the second quarter of the consolidated fiscal year, but negative effects arose from the voluntary suspension and stagnation of economic activity associated with the spread of COVID-19.」
The company disclosed the potential future impact of the spread of COVID-19 on operating performance and financial position as a new risk, while also stating that negative effects from the voluntary suspension and stagnation of economic activity had already arisen.