Risk of deterioration in salon operations and performance due to the spread of COVID-19
First written in FY2020. 6 of 16 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 24 of 39 companies on the "Worse" side.
5 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual reportThe section on business and other risks in this annual securities report does not separately describe the risk of deteriorating salon operations and business performance due to COVID-19.
- FY2024-Q3RestatedAnnual report
「In the beauty industry, as post-pandemic developments such as the easing of restrictions on going out and mask requirements became more pronounced, personal consumption showed signs of recovery. Adjuvant salons selling the Company's products were similarly affected.」
The disclosure continues to indicate that the impact of the pandemic on the salon operating environment is easing, citing the easing of restrictions on going out and mask requirements and the recovery in personal consumption. - FY2024-Q2MitigatedAnnual report
「In the beauty industry, as post-pandemic developments such as the easing of restrictions on going out and mask requirements became more pronounced, personal consumption showed signs of recovery. Adjuvant salons selling the Company's products were similarly affected.」
The disclosure continues to indicate that the impact of the pandemic on the business environment is easing, citing the easing of restrictions on going out and mask requirements and the recovery in personal consumption. - FY2024-Q1MitigatedAnnual report
「During the first quarter of the current fiscal year, restrictions on economic and social activity caused by the COVID-19 pandemic had largely been lifted, and the Japanese economy maintained a moderate recovery trend led by domestic demand. In the beauty industry, as post-pandemic developments became more pronounced, including the easing of restrictions on going out and mask requirements, signs of an economic recovery increased despite the difficult conditions. Adjuvant salons selling the Company's products were similarly affected.」
The disclosure indicates that the impact of the pandemic on the business environment is easing, citing the largely lifted restrictions on economic and social activity and the easing of restrictions on going out and mask requirements. - FY2023RestatedAnnual report
「Because the impact of the spread of COVID-19 on the Group's business during the consolidated fiscal year was limited, the Group made accounting estimates on the assumption that the impact would remain limited in the future.」
While reaffirming its view that the impact of COVID-19 is limited, the Company continues to recognize the potential impact of changes in the economic environment. - FY2023-Q3RestatedAnnual report
「While restrictions on business activities continued, the Company promoted its activities with due attention to preventing the spread of COVID-19, including by using online tools. As a result, revenue for the first nine months of the current fiscal year was ¥3,479 million, down 1.8% year on year.」
Restrictions on business activities and measures to prevent the spread of infection continue, and although the Company pursued activities using online tools, revenue for the first nine months was below the same period of the previous year. - FY2023-Q2RestatedAnnual report
「While restrictions on business activities continued, the Company promoted its activities with due attention to preventing the spread of COVID-19, including by using online tools. As a result, revenue for the first six months of the current fiscal year was ¥2,171 million, down 3.4% year on year.」
Restrictions on business activities, the use of online tools and measures to prevent the spread of infection continue, while revenue remained below the same period of the previous year. - FY2023-Q1RestatedAnnual report
「While restrictions on business activities remained in place, the Company promoted its business activities with due attention to preventing the spread of COVID-19, including by using online tools. As a result, revenue for the first quarter of the current fiscal year was ¥1,035 million, down 9.1% year on year.」
Restrictions on business activities and measures to prevent the spread of infection continue. Although the Company pursued its business activities using online tools, revenue was below the same period of the previous year. - FY2022MitigatedAnnual report
「Because the impact of the spread of COVID-19 on the Group's business during the consolidated fiscal year was limited, the Group made accounting estimates on the assumption that the impact would remain limited in the future.」
The infection risk itself continues, but the impact on the business during the fiscal year was described as limited. - FY2022-Q3MitigatedAnnual report
「In the beauty industry, consumers have increasingly purchased cosmetics through e-commerce sites, including e-commerce marketplaces and brand sites, instead of through in-person sales at shopping malls and department stores. In the hair and beauty market, however, demand has increased for salon-exclusive products recommended by salons based on their specialist knowledge, leading to renewed recognition of the value of retail sales at salons. As a result, retail sales at salons have continued to exceed the previous year's level. Adjuvant salons selling the Company's products were similarly affected.」
While e-commerce purchasing opportunities have increased during the pandemic, demand for salon-exclusive products and retail sales at salons have remained above the previous year's level. The disclosure indicates an improving trend for retail sales at salons, although the impact on salon operations remains. - FY2022-Q2RestatedAnnual report
「The beauty industry continues to operate with reduced salon hours and social-distancing measures in place, but customer numbers are showing an improving trend compared with the previous year, and retail sales at salons have remained above the previous year's level. Adjuvant salons selling the Company's products were similarly affected.」
While infection-control measures such as reduced operating hours and their effects continue, the improving trend in customer numbers and retail sales remaining above the previous year's level continue to be reported. - FY2022-Q1MitigatedAnnual report
「The beauty industry continues to operate with reduced salon hours and social-distancing measures in place, but customer numbers are showing an improving trend compared with the previous year, and retail sales at salons have remained above the previous year's level. Adjuvant salons selling the Company's products were similarly affected.」
While infection-control measures such as reduced operating hours and their effects continue, customer numbers are showing an improving trend compared with the previous year, and retail sales exceeded the previous year's level. The disclosure does not state that the effects have been resolved. - FY2021-Q3MaterialisedAnnual report
「In the beauty industry, demand for beauty services has not recovered because people have fewer opportunities to go out, recovery in the number of salon visitors has slowed, and ADJUVANT salons that sell our products have been similarly affected.」
Reduced opportunities to go out, the failure of beauty demand to recover, and a slowdown in the recovery of customer numbers continue to be described as actual impacts on Adjuvant salons. - FY2021-Q2MaterialisedAnnual report
「In the beauty industry, salons gradually resumed operations after restrictions imposed under the state of emergency, but they were also affected by a decline in customer visits, and ADJUVANT salons that sell our products were similarly affected.」
The restrictions on salon operations and decline in customer numbers associated with COVID-19 continue to be described as actual impacts on Adjuvant salons. - FY2021-Q1MaterialisedAnnual report
「The beauty industry was also affected by reduced salon hours, temporary closures and fewer customers due to requests to refrain from going out, and Adjuvant salons selling the Company's products were similarly affected.」
The reduced salon hours, temporary closures and decline in customer numbers caused by COVID-19 were described as actual impacts on Adjuvant salons. - FY2020First statedAnnual report
「The Group has established guidelines concerning COVID-19, giving the utmost consideration to the safety of customers, business partners and employees, and has implemented the safety measures necessary to prevent infection and the spread of infection. However, if the impact of COVID-19 becomes more severe or prolonged, the Group's operating results and financial position could be adversely affected by reduced operating hours and temporary closures at salons carrying the Group's products, as well as a decline in customer numbers due to requests to refrain from going out.」
The spread of COVID-19 was listed separately as a new business risk, with its potential impact on operating results and financial position through reduced salon hours, temporary closures and fewer customers identified.