Impact of COVID-19 on Business, Markets and Operations
First written in FY2020. 4 of 10 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there were no significant changes to existing risks, including the business, market and operating impacts of COVID-19. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there were no significant changes to existing risks, including the business, market and operating impacts of COVID-19. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there were no significant changes to existing risks, including the business, market and operating impacts of COVID-19. - FY2022-Q3RestatedAnnual report
「In terms of sales, the previous corresponding period was significantly affected by COVID-19, but each business division showed signs of recovery during the fiscal year.」
Following the impact of COVID-19 in the previous corresponding period, each business division continued to show signs of recovery in the third quarter. - FY2022-Q2MitigatedAnnual report
「In terms of sales, the previous corresponding period was significantly affected by COVID-19, but all business divisions showed signs of recovery during the fiscal year.」
Following the impact of COVID-19 that became apparent in the previous corresponding period, all business divisions showed signs of recovery in the second quarter. The environmental and recycling, electronic materials, and other businesses recorded higher revenue and operating income. - FY2022-Q1MitigatedAnnual report
「In terms of sales, the previous corresponding period was affected by COVID-19, but in the first quarter, many business divisions and products showed signs of emerging from that impact.」
Many business divisions and products showed signs of recovery from the impact of COVID-19, with higher revenue and operating income year on year in the electronic materials, environmental and recycling, and other businesses. - FY2021MitigatedAnnual report
「The Company believes that the impact of the spread of COVID-19 on the Group was limited, as described below.」
Although COVID-19 caused a decline in demand and lower sales in some businesses, measures such as expanded exports limited the impact on the Group as a whole as of the end of the fiscal year. - FY2021-Q3MaterialisedAnnual report
「In terms of sales, the Company addressed the decline in domestic demand caused by COVID-19 by expanding export transactions.」
The decline in domestic demand caused by COVID-19 continued to spread to lower sales in each business, restrictions on sales activities and construction delays. Meanwhile, export transactions were expanded to address the decline in domestic demand. - FY2021-Q2MaterialisedAnnual report
「In terms of sales, the stagnation of economic activity resulting from the impact of COVID-19 created a challenging environment for the Group.」
The slowdown in economic activity caused by COVID-19 actually spread to sales, resulting in lower revenue in most domestic business divisions. Impacts were also indicated in the resources, electronic materials, and environmental and recycling businesses. - FY2020MaterialisedAnnual report
「Prices plunged in March amid market turmoil accompanying the global spread of the novel coronavirus, and the average price during the period declined from the previous period.」
The spread of COVID-19 resulted in market turmoil at the fiscal year-end, a sharp decline in metal prices and economic deterioration. For fiscal 2020, the possibility of a certain level of sales declines in the first half and mine stoppages was also stated as an assumption and risk.