Impact of COVID-19 on Business Activities and Performance
First written in FY2020. 5 of 9 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2023-Q2.
6 other companies' latest entry also says "Mitigated".
- FY2023-Q2MitigatedAnnual report
「Cumulative second-quarter consolidated accounting period (from 1 April 2022 to 30 September 2022) Not applicable.」
No pandemic-related losses associated with the suspension of operations at the Malaysian subsidiary, which had been recorded in the same period of the previous year, were applicable during the cumulative second quarter. - FY2022MaterialisedAnnual report
「Pandemic-related losses 41」
During the consolidated fiscal year, the company recorded ¥41 million in pandemic-related losses as fixed costs for the period during which the Malaysian subsidiary's operations were suspended due to COVID-19. - FY2022-Q2MaterialisedAnnual report
「Pandemic-related losses 41」
The company recorded ¥41 million in pandemic-related losses as fixed costs for the period during which Maruwa Malaysia's operations were suspended due to the spread of COVID-19. - FY2022-Q1MitigatedAnnual report
「Cumulative first-quarter consolidated accounting period (from 1 April 2021 to 30 June 2021) Not applicable.」
No pandemic-related losses arising from the suspension of operations at the Malaysian subsidiary were recorded in the first quarter, unlike in the same period of the previous year. - FY2021MitigatedAnnual report
「During the consolidated fiscal year, operations at the consolidated subsidiary Maruwa(Malaysia)Sdn.Bhd. were suspended due to the lockdown in Malaysia, and fixed costs incurred during the suspension were recorded as extraordinary losses. The operating rate is recovering as the lockdown is gradually lifted.」
The company states that the suspension of operations at the Malaysian subsidiary and the recognition of extraordinary losses due to the pandemic continued, while the operating rate was recovering as the lockdown was lifted. - FY2021-Q3MaterialisedAnnual report
「These were fixed costs related to the period during which operations at Maruwa (Malaysia) Sdn. Bhd. were suspended due to the spread of COVID-19.」
The company recorded ¥68.127 million in pandemic-related losses for the cumulative third quarter, relating to the period during which the Malaysian subsidiary's operations were suspended due to the pandemic. - FY2021-Q2MaterialisedAnnual report
「Pandemic-related losses 67,802」
The company recorded ¥67.802 million in pandemic-related losses as fixed costs for the period during which operations at Maruwa Malaysia were suspended due to the spread of COVID-19. - FY2021-Q1MaterialisedAnnual report
「These were fixed costs related to the period during which operations at Maruwa (Malaysia) Sdn. Bhd. were suspended due to the spread of COVID-19.」
In the first quarter, the company recorded ¥67.531 million in pandemic-related losses, representing fixed costs incurred during the suspension of operations at the Malaysian subsidiary. - FY2020First statedAnnual report
「On 18 March 2020, operations at the consolidated subsidiary Maruwa(Malaysia)Sdn.Bhd. were suspended due to the lockdown in Malaysia, and fixed costs incurred during the suspension were recorded as extraordinary losses. The operating rate recovered as the lockdown was gradually lifted, and operations are currently running as usual.」
The company states that Malaysia's lockdown in response to the COVID-19 pandemic resulted in an actual suspension of operations and the recognition of fixed costs as extraordinary losses, after which the operating rate recovered.