Risk of Demand and Business Performance Fluctuations Due to COVID-19
First written in FY2020. 5 of 15 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026-H1.
Nippon Soda 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: 114 of 178 companies on the "Worse" side.
38 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the current interim consolidated fiscal period, signs of a recovery in economic activity were observed, but the outlook remained uncertain due to concerns about a downturn in overseas economies and rising geopolitical risks, among other factors.」
Although economic activity showed signs of recovery after the pandemic, uncertainty in the broader external environment, including concerns about a downturn in overseas economies and geopolitical risks, continued. - FY2024ReframedAnnual report
「During the fiscal year under review, the Japanese economy showed signs of recovery in economic activity that had stagnated amid COVID-19, but uncertainty about the outlook continued due to persistently high raw material and fuel prices, concerns about a downturn in overseas economies resulting from global monetary tightening, and heightened geopolitical risks.」
COVID-19 was described mainly in terms of recovery from past economic stagnation, while the organization of COVID-19 as an independent risk shifted to uncertainty in the broader external environment, including raw material and fuel prices, monetary tightening, and geopolitical risks. - FY2024-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, signs of a recovery in economic activity, which had stagnated amid the global spread of COVID-19, emerged, but the outlook remained uncertain due to persistently high raw material and fuel prices, concerns about a downturn in overseas economies associated with global monetary tightening, and rising geopolitical risks, among other factors.」
Although economic activity that had stagnated amid the spread of COVID-19 showed signs of recovery, uncertainty continued due to multiple external factors. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, signs of a recovery in economic activity, which had stagnated amid the global spread of COVID-19, emerged, but the outlook remained uncertain due to persistently high raw material and fuel prices and rising geopolitical risks, among other factors.」
Although economic activity that had stagnated amid the spread of COVID-19 showed signs of recovery, uncertainty continued due to persistently high raw material and fuel prices and geopolitical risks. - FY2023-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, signs of a recovery in economic activity, which had stagnated amid the global spread of COVID-19, emerged, but the outlook remained uncertain due to global disruption to maritime transportation, higher raw material and fuel prices, and rising geopolitical risks, among other factors.」
The disclosure continues to describe the coexistence of a recovery in economic activity caused by COVID-19 and uncertainty resulting from disruptions in marine transportation, rising raw material and fuel prices, and geopolitical risks. - FY2023-Q2RestatedAnnual report
「During the first 2 quarters of the current consolidated fiscal year, signs of a recovery in economic activity, which had stagnated amid the global spread of COVID-19, emerged, but the outlook remained uncertain due to global disruption to maritime transportation, higher raw material and fuel prices, and rising geopolitical risks, among other factors.」
The disclosure continues to describe the coexistence of a recovery in economic activity associated with COVID-19 and uncertainty caused by disruptions in marine transportation, rising raw material and fuel prices, and geopolitical risks. - FY2023-Q1Recovery amid the pandemic coexisting with multiple sources of uncertaintyAnnual report
「During the first quarter of the current consolidated fiscal year, signs of a recovery in economic activity, which had stagnated amid the global spread of COVID-19, emerged, but the outlook remained uncertain due to global disruption to maritime transportation, higher raw material and fuel prices, and rising geopolitical risks, among other factors.」
Although signs of recovery were seen in economic activity associated with COVID-19, uncertainty continued due to disruptions in marine transportation, rising raw material and fuel prices, and heightened geopolitical risks. - FY2022-Q3Economic recovery and uncertainty amid the pandemic coexistingAnnual report
「During the first 3 quarters of the current consolidated fiscal year, signs of a recovery in economic activity, which had stagnated amid the global spread of COVID-19, emerged, but the outlook remained uncertain due to global disruption to maritime transportation and higher raw material and fuel prices, among other factors.」
Although signs of recovery from the stagnation of economic activity associated with COVID-19 were reported, uncertainty about the outlook continued due to disruptions in marine transportation and rising raw material and fuel prices. - FY2022-Q2MaterialisedAnnual report
「During the first 2 quarters of the current consolidated fiscal year, the Japanese economy remained uncertain due to stagnating economic activity associated with the global spread of COVID-19 and global disruption to maritime transportation, among other factors.」
The stagnation of economic activity and economic uncertainty caused by COVID-19 continued into the second quarter and remained evident in actual economic conditions. - FY2022-Q1MaterialisedAnnual report
「During the cumulative first quarter of the fiscal year under review, the Japanese economy remained uncertain as economic activity stagnated amid the global spread of COVID-19.」
The stagnation of economic activity and uncertainty about the outlook associated with COVID-19 continued into the first quarter. - FY2021ReframedAnnual report
「Because some of the products and services in the Group’s businesses are affected by economic fluctuations, significant changes in market conditions resulting from changes in the economic environment caused by COVID-19, or a slowdown in business activities due to the spread of infection among Group employees, may have a material impact on the Group’s results. The Group will continue its business activities by accurately monitoring and analyzing market trends, prioritizing the safety of employees, introducing telework and thoroughly implementing infection-prevention measures.」
The Company added the risk of business activity disruptions caused by employee infections to the existing risk of economic-environment and market fluctuations resulting from infectious diseases, and specified business continuity measures involving telework and infection-prevention measures. - FY2021-Q3MaterialisedAnnual report
「During the cumulative third quarter of the fiscal year under review, the Japanese economy deteriorated as economic activity stagnated amid the global spread of COVID-19, and uncertainty about the outlook continued.」
The stagnation of economic activity and economic deterioration caused by COVID-19 continued into the third quarter as actual economic conditions. - FY2021-Q2MaterialisedAnnual report
「During the cumulative second quarter of the fiscal year under review, the Japanese economy deteriorated as economic activity stagnated amid the global spread of COVID-19, and uncertainty about the outlook continued.」
The stagnation of economic activity and economic deterioration associated with COVID-19 continued into the second quarter as actual economic conditions. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter of the fiscal year under review, the Japanese economy deteriorated rapidly and conditions became severe as economic activity stagnated amid the global spread of COVID-19.」
Regarding COVID-19, which was first disclosed as a risk in the previous fiscal year, the stagnation of economic activity amid the global spread and the rapid deterioration of the economy were described as actual economic conditions. The disclosure states that there were no material changes in the business and other risks section. - FY2020First statedAnnual report
「Because some of the products and services in the Group’s businesses are affected by economic fluctuations, significant changes in market conditions resulting from changes in the economic environment caused by COVID-19 may have a material impact on the Group’s results. 」
The economic-environment changes and market fluctuations caused by COVID-19 were disclosed independently for the first time as a business and other risk.