Uncertainty surrounding economic conditions and the business environment due to COVID-19
First written in FY2021-Q3. 7 of 11 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024SoftenedAnnual report
「The occurrence of natural disasters such as large-scale earthquakes and tsunamis, sudden windstorms, typhoons, torrential rain, floods and volcanic eruptions, and the spread of infectious diseases including COVID-19, among other events,」
COVID-19 is no longer mentioned specifically in relation to the economic environment, and infectious diseases are described as a general business continuity risk alongside natural disasters and other risks. - FY2024-Q3RestatedAnnual report
「During the nine-month cumulative period, although infection-control measures were relaxed as COVID-19 was reclassified as a Category 5 infectious disease, Japan's economy continued to face difficult-to-forecast conditions owing to the impact of soaring global material and energy prices, the worsening situation in Ukraine and the weaker yen, among other factors.」
Regarding COVID-19, the filing describes the relaxation of infection-control measures following its reclassification as a Category 5 infectious disease, while continuing to cite uncertainty over the economic outlook. - FY2023SoftenedAnnual report
「During the consolidated fiscal year, although infection-control measures were relaxed as COVID-19 was reclassified as a Category 5 infectious disease, Japan's economy continued to face difficult-to-forecast conditions owing to the impact of soaring global material and energy prices, the worsening situation in Ukraine and the weaker yen, among other factors.」
Regarding COVID-19, the filing describes its reclassification as a Category 5 infectious disease and the relaxation of infection-control measures, with weaker wording on its impact than previously. - FY2023-Q3RestatedAnnual report
「During the nine-month cumulative period, Japan's economy continued to face difficult-to-forecast conditions, with corporate earnings and personal consumption diverging under the impact of the global spread of COVID-19 since early 2020, as well as the impact of soaring global material and energy prices, the worsening situation in Ukraine and the weaker yen, among other factors.」
The filing continues to describe the divergence in corporate earnings and personal consumption caused by COVID-19 and the uncertain economic outlook, together with soaring material and energy prices, the situation in Ukraine and the weaker yen. - FY2023-Q2RestatedAnnual report
「During the second-quarter cumulative period, Japan's economy continued to face difficult-to-forecast conditions, with corporate earnings and personal consumption diverging under the impact of the global spread of COVID-19 since early 2020, as well as the impact of soaring global material and energy prices, the worsening situation in Ukraine and the weaker yen, among other factors.」
The filing continues to describe the divergence in corporate earnings and personal consumption caused by COVID-19 and the uncertain economic outlook. - FY2023-Q1RestatedAnnual report
「During the first-quarter cumulative period, Japan's economy continued to face difficult-to-forecast conditions, with corporate earnings and personal consumption diverging under the impact of the global spread of COVID-19 since early 2020, as well as the impact of soaring global material and energy prices, the worsening situation in Ukraine and the weaker yen, among other factors.」
The filing continues to describe the divergence caused by COVID-19 and the uncertain economic outlook, while also citing soaring material and energy prices, the situation in Ukraine and the weaker yen. - FY2022-Q3RestatedAnnual report
「During the nine-month cumulative period, Japan's economy continued to show divergence in corporate earnings and personal consumption under the impact of the global spread of COVID-19 since early 2020, while」
The filing continues to describe the divergence in corporate earnings and personal consumption caused by COVID-19 as part of the business environment. - FY2022-Q2RestatedAnnual report
「During the second-quarter cumulative period, Japan's economy continued to face difficult-to-forecast conditions, with corporate earnings and personal consumption diverging under the impact of the global spread of COVID-19 since early 2020.」
The business environment continues to be described as marked by divergent corporate earnings and personal consumption and an uncertain economic outlook due to COVID-19. - FY2022-Q1RestatedAnnual report
「During the first-quarter cumulative period, Japan's economy continued to face difficult-to-forecast conditions, with corporate earnings and personal consumption diverging under the impact of the global spread of COVID-19 since early 2020.」
The business environment continues to be described as uncertain due to the economic outlook under COVID-19. No new specific losses are indicated. - FY2021MaterialisedAnnual report
「Profitability declined as procurement prices and export taxes rose, owing to the concentration of PKS fuel shipping regions and lower crude palm oil production, among other factors, resulting from the spread of COVID-19 and other developments in Indonesia. An impairment loss of ¥408 million on property, plant and equipment was recognized as an extraordinary loss.」
The impact of COVID-19 materialized as lower profitability in the Indonesian PKS business and a ¥408 million impairment loss. - FY2021-Q3MaterialisedAnnual report
「The global spread of the novel coronavirus disease (COVID-19) since early 2020 has led to a polarization in corporate earnings and personal consumption, and the difficulty of forecasting the economic outlook continues. Economic activity has also been significantly restricted in many countries because of the global spread of COVID-19, and, as in Japan, the outlook for the global economy remains uncertain.」
Describes restrictions on economic activity and uncertainty over the outlook caused by the spread of the disease as part of the business environment during the quarter.