Impact of the COVID-19 Pandemic on Business Activities and Operating Results
First written in FY2021-Q1. 5 of 13 entries say "Worsened", first in FY2021-Q2. Latest entry: FY2024-Q2.
Toei Animation moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its principal risks, including the impact of the spread of COVID-19 on business activities and performance. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to its principal risks, including the impact of the spread of COVID-19 on business activities and performance. - FY2023ReframedAnnual report
「Our group operates in Japan and other countries around the world. However, in the event of a major natural disaster such as an earthquake, or a global outbreak (pandemic) of a new strain of influenza, COVID-19 or another infectious disease, business activities across part or all of our group could be severely disrupted, potentially affecting our group’s operating results and financial position.」
The risk has been reorganized from an explanation focused solely on the impact of COVID-19 to the broader risk category of “natural disasters, infectious diseases and other factors,” including natural disasters and new strains of influenza. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its principal risks, including the impact of the spread of COVID-19 on business activities and performance. - FY2023-Q2RestatedAnnual report
「In the merchandise sales business, revenue increased as the ONE PIECE shop business and sales of merchandise from the Sailor Moon series performed well, although they remained below pre-pandemic levels.」
The merchandise sales division recovered and recorded higher revenue, but it remains below pre-pandemic levels. - FY2023-Q1Merchandise sales recover but remain below pre-pandemic levelsAnnual report
「In the merchandise sales business, revenue increased as the ONE PIECE shop business and sales of merchandise from the Sailor Moon series performed well, although they remained below pre-pandemic levels.」
The company states that the merchandise sales division recorded higher revenue but has not returned to pre-pandemic levels. - FY2022-Q3WorsenedAnnual report
「Events for the Precure and Digimon Adventure series performed strongly, resulting in a substantial increase in revenue, but the scale of multiple events was reduced due to the prolonged impact of COVID-19, lowering overall profitability.」
The impact of COVID-19 persisted for an extended period, resulting in smaller-scale events and lower profitability across multiple events. - FY2022-Q2WorsenedAnnual report
「In the Other business, the company held events and character shows, among other activities. Events featuring the "Precure" series performed strongly and generated a substantial increase in revenue, but the overall profitability declined because several events were scaled back as the impact of COVID-19 persisted.」
The prolonged impact of the spread of the infection has resulted in smaller-scale events and lower profitability across multiple events. - FY2022-Q1MitigatedAnnual report
「In the merchandise sales division, the shop business is gradually normalizing from the significant impact of COVID-19 experienced in the same period of the previous year, although」
The company states that the shop business is gradually normalizing from the significant impact of COVID-19 experienced in the same period of the previous year. However, overall merchandise sales declined due to a reactionary drop in sales of tie-in products from the previous year. - FY2021WorsenedAnnual report
「However, the spread of COVID-19 led to weak theatrical film revenue, suspension of broadcasts of new television anime episodes, voluntary closure of stores selling merchandise, and postponement or cancellation of events, materially affecting sales.」
The impact of COVID-19 on theaters, television, stores and events continued throughout the fiscal year, and consolidated net sales declined 5.9%. - FY2021-Q3WorsenedAnnual report
「However, the spread of COVID-19 led to the postponement of theatrical releases, suspension of broadcasts of new television anime episodes, voluntary closure of stores selling merchandise, and postponement or cancellation of events, materially affecting sales.」
The impacts of postponed theatrical releases, suspended television anime broadcasts, voluntary store closures, and postponed or cancelled events continued through the cumulative third quarter, and consolidated net sales declined 9.1% year on year. - FY2021-Q2WorsenedAnnual report
「In addition to the decline in sales of novelty goods and other items for tie-in campaigns related to the theatrical release of ONE PIECE STAMPEDE, which performed strongly in the same period of the previous year, sales fell substantially because stores selling merchandise voluntarily suspended operations due to the spread of COVID-19, among other factors.」
The impact of COVID-19, including voluntary store closures, postponed or cancelled events, postponed theatrical releases and a decline in the number of new episodes delivered, continued across multiple businesses, resulting in quantified declines in revenue and profit. - FY2021-Q1First statedAnnual report
「However, the spread of COVID-19 led to the postponement of theatrical releases, suspension of broadcasts of new television anime episodes, voluntary closure of stores selling merchandise, and postponement or cancellation of events, materially affecting sales.」
The spread of COVID-19 resulted in actual postponements of theatrical releases and television anime broadcasts, voluntary closures of retail stores, and postponements or cancellations of events, affecting consolidated net sales and the performance of each segment.