Risks to Economic Activity and Business Continuity from COVID-19
First written in FY2020. 5 of 11 entries say "Mitigated", first in FY2021. Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023ReframedAnnual report
「COVID-19 has been reclassified under the Infectious Diseases Control Act, and we expect economic activity to recover going forward. However, if the disease spreads again, or if a new infectious disease emerges and spreads, it may adversely affect the performance and financial condition of our group.」
The disclosure was reorganized from a focus on the existing impact of infectious diseases on performance to an outlook for an economic recovery, with a resurgence or new infectious disease identified as a conditional risk. - FY2023-Q3RestatedAnnual report
「With respect to the impact of COVID-19 on the business, we will continue to closely monitor developments.」
We continue to closely monitor the impact of COVID-19 on the business. - FY2023-Q2MitigatedAnnual report
「With respect to the impact of COVID-19 on the business, we will continue to closely monitor developments.」
Although we continue to closely monitor the impact of COVID-19, sales and profit in each region recovered from the same period of the previous year, and the impact on the business eased from the previous period. - FY2022-Q3MitigatedAnnual report
「The global economy during the period generally showed signs of recovery, although conditions varied by country and region.」
Although the renewed spread of COVID-19 and supply constraints continued in some regions, the resumption of economic activity in Europe, the recovery in emerging Asian countries and Africa, and the recovery in sales across regions were reported, indicating that the impact on the business had eased from the previous period. - FY2022-Q2MitigatedAnnual report
「The group's revenue for the cumulative second quarter of the current consolidated fiscal year was ¥203.301 billion, up 25.1% year on year. Operating income was ¥16.833 billion, up 82.3% year on year, reflecting the substantial increase in revenue.」
Although the second wave of COVID-19 and renewed outbreaks in some regions continued, consolidated revenue and profit recovered significantly, owing to the rebound from the impact of the previous year's lockdowns and the resumption of economic activity in each region. - FY2022-Q1MitigatedAnnual report
「Group revenue for the three months ended the first quarter of the current consolidated fiscal year was ¥9,776.7 million, up 25.2% year on year. Following the substantial increase in revenue, operating profit, ordinary profit and net income attributable to owners of the parent were ¥873.0 million, up 126.7%; ¥1,161.1 million, up 123.2%; and ¥534.6 million, up 148.6%, respectively.」
The impact of COVID-19 continued, and the slowdown in economic activity caused by a second wave in India was also reported, but consolidated revenue and profit recovered substantially from the same period of the previous fiscal year. - FY2021Smaller full-year revenue declineAnnual report
「Revenue for the current consolidated fiscal year was ¥364.620 billion, down 10.4% year on year.」
The impact of COVID-19 on revenue and profit continued throughout the full fiscal year, but the year-on-year decline in revenue narrowed from 14.9% in the cumulative third quarter to 10.4% for the full fiscal year. - FY2021-Q3MaterialisedAnnual report
「Group revenue for the nine months ended the third quarter of the current consolidated fiscal year was ¥26,492.2 million, down 14.9% year on year. Following the decline in revenue, operating profit, ordinary profit and net income attributable to owners of the parent were ¥2,230.8 million, down 15.6%; ¥2,489.1 million, down 15.5%; and ¥1,253.4 million, down 22.8%, respectively.」
The impact of the global spread of COVID-19, lockdowns and restrictions on economic activity was reflected in the cumulative third-quarter results as a 14.9% decrease in consolidated revenue, a 15.6% decrease in operating income, a 15.5% decrease in ordinary income and a 22.8% decrease in quarterly net income attributable to owners of the parent. - FY2021-Q2MaterialisedAnnual report
「Group revenue for the six months ended the second quarter of the current consolidated fiscal year was ¥16,249.4 million, down 22.1% year on year. Following the substantial decline in revenue, operating profit, ordinary profit and net income attributable to owners of the parent were ¥923.3 million, down 47.1%; ¥994.8 million, down 47.1%; and ¥428.1 million, down 56.3%, respectively.」
The impact of lockdowns and restrictions on economic activity resulting from COVID-19 was reflected in the results as a 22.1% decrease in consolidated revenue, a 47.1% decrease in operating income, a 47.1% decrease in ordinary income and a 56.3% decrease in quarterly net income attributable to owners of the parent. - FY2021-Q1MaterialisedAnnual report
「Group revenue for the three months ended the first quarter of the current consolidated fiscal year was ¥7,808.8 million, down 25.2% year on year. Following the substantial decline in revenue, operating profit, ordinary profit and net income attributable to owners of the parent were ¥385.1 million, down 53.0%; ¥520.2 million, down 45.2%; and ¥215.0 million, down 48.3%, respectively.」
The impact of lockdowns and restrictions on economic activity resulting from the global spread of COVID-19 was reflected in the results as a 25.2% decrease in consolidated revenue, a 53.0% decrease in operating income, a 45.2% decrease in ordinary income and a 48.3% decrease in quarterly net income attributable to owners of the parent. - FY2020First statedAnnual report
「(Impact of the spread of COVID-19) Revenue decline of ¥2,980 million (revenue decline of ¥670 million in the Japan segment and ¥2,310 million in the India segment) Operating income decline of ¥454 million (operating income decline of ¥159 million in the Japan segment and ¥295 million in the India segment)」
The impact of the spread of COVID-19 on revenue and operating income was disclosed in monetary terms, and risks to business continuity from lockdowns, border closures and restrictions on business activities were reflected in the results.