Full-Year Earnings Forecast for the Fiscal Year Ending March 2021 Undetermined Due to the Impact of COVID-19
First written in FY2020. 2 of 3 entries say "Reframed", first in FY2021. Latest entry: FY2022.
Nichia Steel Works moved to the "Worse" side of this theme in 2021.
The whole theme swung hardest in 2021: 2 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「The earnings forecast for the fiscal year ending March 2023 is currently undetermined because future price trends for primary and auxiliary raw materials and energy, as well as the outlook for demand, remain uncertain, making a reasonable calculation difficult at this time.」
The fiscal year covered by the undetermined earnings forecast was updated from the fiscal year ending March 2022 to the fiscal year ending March 2023, with uncertainty over primary and auxiliary raw material and energy prices and the demand outlook cited as the reasons. - FY2021ReframedAnnual report
「The earnings forecast for the fiscal year ending March 2022 is currently undetermined because the outlook for demand and trends in raw material prices remain uncertain, making a reasonable calculation difficult at this time.」
The fiscal year covered by the undetermined earnings forecast was updated from the fiscal year ending March 2021 in the previous fiscal year to the fiscal year ending March 2022, with the uncertain demand outlook and raw material prices cited as the reasons. - FY2020First statedAnnual report
「The earnings forecast for the fiscal year ending March 2021 is currently undetermined because the future course of COVID-19 and its impact on the Japanese and global economies, and ultimately on the industries that drive demand, remain uncertain, making a reasonable calculation difficult at this time.」
It was disclosed for the first time that the earnings forecast for the fiscal year ending March 2021 was undetermined because the impact of COVID-19 could not be reasonably quantified.