Business and Financial Impact of COVID-19
First written in FY2020. 5 of 11 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2023.
Fumakilla Limited moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
1 other company's latest entry also says "Materialised".
- FY2023MaterialisedAnnual report
「In Japan, the Insecticides segment remained below the previous year throughout the season as demand in the domestic insecticide market declined due to weather conditions and the reactionary drop in stay-at-home demand seen through the previous fiscal year. We were also affected by this, resulting in lower sales.」
The reactionary decline in stay-at-home demand accompanying the easing of restrictions on activities and increased outings appeared as a full-year decline in domestic insecticide sales. - FY2023-Q3MaterialisedAnnual report
「In the insecticide division, demand in the domestic insecticide market declined due to weather conditions and the adverse reaction to the surge in stay-at-home demand through the previous period, and the market remained below the previous year throughout the season.」
The impact of COVID-19 has appeared in insecticide sales not only as a sharp expansion in demand for infection-control products, but also as a reactionary decline in stay-at-home demand as restrictions on activities were eased and people went out more. - FY2023-Q2MaterialisedAnnual report
「In addition, as the COVID-19 pandemic began to subside and more people went out, sales declined due in part to the reactionary drop in demand generated by stay-at-home conditions through the previous fiscal year. Net sales therefore totaled ¥8,373 million, down ¥1,945 million, or 18.8%, year on year.」
The impact of COVID-19 appeared in insecticide sales not only as a sharp expansion in demand for infection-control products, but also as a reactionary decline in stay-at-home demand as infections subsided and people went out more. - FY2023-Q1MaterialisedAnnual report
「As the COVID-19 pandemic began to subside and more people went out, the stay-at-home demand seen through the previous fiscal year tapered off. As a result, sales declined due to the subsequent reactionary drop, totaling ¥5,910 million, down ¥1,874 million, or 24.1%, year on year.」
The impact of COVID-19 appeared in insecticide sales not only as a sharp expansion in demand for infection-control products, but also as a reactionary decline in stay-at-home demand as infections subsided and people went out more. - FY2022-Q3RestatedAnnual report
「No material changes have been made to the assumptions underlying the accounting estimates described in the securities report for the previous consolidated fiscal year during the cumulative third quarter period under review.」
The Company reaffirmed that there were no material changes from the previous fiscal year in the assumptions underlying accounting estimates regarding the impact of COVID-19. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, no material changes were made to the assumptions underlying the accounting estimates described in the annual securities report for the previous fiscal year.」
The Company reaffirmed that there were no material changes from the previous fiscal year in the assumptions underlying accounting estimates regarding the impact of COVID-19. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no material changes to the assumptions underlying the accounting estimates related to the spread of COVID-19 described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes from the previous year in the assumptions used for accounting estimates concerning the impact of COVID-19. - FY2021MitigatedAnnual report
「The group has continued business activities at each operating site after implementing stringent measures, and the impact on production and sales was limited.」
The company states that it continued business activities while implementing infection-prevention measures and that the impact on production and sales during the fiscal year was limited. - FY2021-Q3RestatedAnnual report
「However, because COVID-19 is an event with a broad impact on corporate activities and it is difficult to predict how it will spread or when it will subside, the group has made accounting estimates based on the information available to it and on the assumption that the effects will continue for a certain period of the fiscal year ending March 2021.」
The company reaffirmed its accounting estimates based on the assumption that the effects of COVID-19 would continue, as well as the difficulty of predicting when it would subside. - FY2021-Q1MaterialisedAnnual report
「Demand for alcohol-based disinfectants rose sharply as a measure against COVID-19, and the company increased production capacity. As a result, sales of household products rose sharply to 344.6% of the year-earlier period.」
COVID-19 had an actual impact on demand patterns and production and sales results, reflected in a substantial increase in household products sales. - FY2020First statedAnnual report
「Due to the global impact of COVID-19, the business environment surrounding our group has become uncertain going forward.」
The global spread of COVID-19 is listed as a new risk that could make the business environment more uncertain and have a material impact on the financial condition and business performance.