Impact of COVID-19 on Business Activities and Operating Performance
First written in FY2020. 8 of 16 entries say "Materialised", first in FY2020. Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024MitigatedAnnual report
「As the reclassification of COVID-19 as a Class 5 disease led to further normalization of socioeconomic activity, the economy began to recover as personal consumption and inbound demand picked up.」
The reclassification of COVID-19 as a Class 5 disease and the normalization of socioeconomic activity are described, indicating that the restrictions previously placed on business operations are easing. Meanwhile, other geopolitical and price-related risks remain. - FY2024-Q3MitigatedAnnual report
「As normal business operations have become possible again compared with before the COVID-19 pandemic, revenue was ¥683 million (¥342 million in the same quarter of the previous year, up 99.3%), and segment profit (operating profit) was ¥31 million (segment profit of ¥5 million in the same quarter of the previous year, up 496.6%).」
In the renovation-related business, normal operations have become possible again compared with before the COVID-19 pandemic, and revenue and segment profit exceeded the previous year's level. The restrictions on operations caused by COVID-19 are easing. - FY2024-Q2MitigatedAnnual report
「Following the reclassification of COVID-19 as a Class 5 disease, the domestic economy has continued to recover gradually.」
It is stated that the domestic economy has continued to recover gradually following the reclassification of COVID-19 as a Class 5 disease, while the impact of the restrictions previously imposed on activities is easing. - FY2024-Q1MitigatedAnnual report
「Regarding COVID-19, economic activity has been gradually recovering as restrictions on activities have been eased and human mobility has increased. However, the outlook remains uncertain due to soaring raw material prices, the impact of foreign exchange movements, and other factors, including the prolonged Russia-Ukraine situation.」
It is stated that the impact of COVID-19 on economic activity is moving toward recovery as restrictions on activities have been eased and human mobility has increased. Meanwhile, risks related to raw material prices, foreign exchange and geopolitics remain. - FY2023MitigatedAnnual report
「Although waves of COVID-19 continued throughout the year after beginning the previous year, the relaxation of restrictions on movement has advanced the normalization of economic and social activity.」
Although the impact of COVID-19 has continued, the company described the normalization of economic and social activity as restrictions on movement were relaxed, indicating that the previous impact on normal business and economic activity was easing. - FY2023-Q3MitigatedAnnual report
「Economic activity showed signs of recovery following the lifting of government restrictions on movement related to COVID-19, but uncertainty persisted due to the effects of surging resource prices, sharp foreign-exchange fluctuations, and geopolitical risks surrounding the situation between Russia and Ukraine.」
The company stated that the lifting of government restrictions on movement was easing the impact of COVID-19 on economic activity. Resource prices, foreign-exchange, and geopolitical risks remain, however. - FY2023-Q2MitigatedAnnual report
「During the second quarter of the fiscal year, the Japanese economy gradually moved toward normalization as restrictions on activity related to COVID-19 were eased in stages. However, the outlook remained uncertain due to soaring energy and raw material prices against the backdrop of the prolonged situation in Ukraine, as well as substantial exchange-rate fluctuations.」
The company stated that the impact of COVID-19 on economic activity was easing as restrictions on movement were gradually relaxed. Other international, price, and foreign-exchange risks remain, however. - FY2023-Q1MitigatedAnnual report
「The impact of COVID-19 has eased as restrictions on movement have been relaxed, but the outlook remains uncertain due to concerns over higher raw material prices, supply constraints, and the effects of financial market volatility caused by the sharp depreciation of the yen, resulting from risks in the international situation, including Russia's invasion of Ukraine.」
The company stated that the impact of COVID-19 had eased as restrictions on movement were relaxed, indicating a reduction from its previous impact. Other international, supply, and foreign-exchange risks remain, however. - FY2022-Q3MaterialisedAnnual report
「The company made its 100% subsidiary 株式会社なごみ設計 on 1 April 2020 and worked to increase revenue and return operating profit to the black. However, because the impact of the coronavirus persisted, normal operations were not possible and declines in revenue continued beyond expectations. In the fiscal year ended March 2021, the group recorded an operating loss and a net loss attributable to owners of the parent.」
The difficulty conducting normal operations, declining revenue, and losses resulting from the prolonged impact of COVID-19 continued to be reflected in actual results. - FY2022-Q2MaterialisedAnnual report
「Normal operations were not possible due to the impact of the coronavirus. Revenue was ¥106 million, down 35.3% from ¥164 million in the same quarter of the previous year, and the segment loss, or operating loss, was ¥15 million, compared with a segment loss of ¥13 million in the same quarter of the previous year.」
The impact of COVID-19 continued to be reflected in actual results for the renovation-related business as difficulty conducting normal operations, a 35.3% decline in revenue, and a segment loss. - FY2022-Q1MaterialisedAnnual report
「Because the impact of the coronavirus persisted, normal operations were not possible and declines in revenue continued beyond expectations. In the fiscal year ended March 2021, the group recorded an operating loss and a net loss attributable to owners of the parent.」
Restrictions on operations and declining revenue from other businesses due to the prolonged impact of COVID-19 continued to be reflected in actual results as losses. - FY2021MaterialisedAnnual report
「The renovation-related business has experienced difficulties in sales due to the impact of COVID-19.」
The impact of COVID-19 materialized in the renovation-related business as difficulties in sales operations throughout the fiscal year. - FY2021-Q3MaterialisedAnnual report
「The impact of the coronavirus shock persisted, with declines in revenue from businesses other than the nickel business continuing beyond expectations. In the third quarter of the fiscal year ending March 2021, the group recorded an operating loss and a quarterly net loss.」
The prolonged impact of COVID-19 materialized in the third quarter as declines in revenue from other businesses, an operating loss, and a quarterly net loss. - FY2021-Q2MaterialisedAnnual report
「The impact of the COVID-19 shock persisted, with declines in revenue, particularly in the nickel business, continuing beyond expectations. In the second quarter of the fiscal year ending March 2021, the group recorded an operating loss and a quarterly net loss.」
The prolonged impact of COVID-19 has materialized in actual results as declining revenue, an operating loss, and a quarterly net loss. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first-quarter period, the Japanese economy was constrained by restrictions on economic activity, including requests to refrain from nonessential outings, following the government's declaration of a state of emergency in response to the global spread of COVID-19. Consumption slowed sharply except for essential goods such as food and hygiene products.」
Restrictions on economic activity and the sharp decline in consumption caused by COVID-19 emerged as the operating environment during the quarter and contributed to a consolidated operating loss and quarterly net loss. - FY2020MaterialisedAnnual report
「Amid the impact of COVID-19, the company fully withdrew from company-operated cram-school locations and converted some locations to franchised operations, resulting in revenue of ¥18 million, down 80.2% from ¥92 million in the same period of the previous year.」
The impact of COVID-19 has materialized in the form of changes to the operating format of the education business and an 80.2% decline in revenue. The real estate business also reported declines in prices and transaction volumes.