Impact of COVID-19 on the Domestic and Overseas Economies
First written in FY2020-Q3. 3 of 9 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025ReframedAnnual report
「If an infectious disease causing serious health damage were to spread widely, the group might be forced to suspend counter services, on-site inspection operations and other services at its companies in order to prevent the spread of infection. The longer the suspension continued, the greater the potential impact on the group's performance.」
The disclosure has been broadened from the previous reference to the economic impact of COVID-19 to infectious diseases generally that cause serious health damage, and has been organized as a business continuity risk arising from the suspension of counter services and on-site inspection operations. - FY2024-Q1MitigatedAnnual report
「Although downside risks remained from supply constraints, rising prices and global monetary tightening, employment conditions, personal consumption, capital investment and production continued to show signs of recovery as social and economic activity normalized following the easing of restrictions related to COVID-19. Corporate earnings also showed signs of improvement.」
The company states that the easing of restrictions related to COVID-19 has advanced the normalization of social and economic activity, with continued signs of recovery in employment, consumption, capital investment, production and corporate earnings. - FY2022MitigatedAnnual report
「Although downside risks remained from supply constraints and higher raw material prices amid concerns over the impact of China's lockdown policies and the prolonged situation in Ukraine, the difficult conditions caused by COVID-19 eased during the fiscal year. Employment conditions, personal consumption, capital investment and production continued to show signs of recovery, and corporate earnings also showed signs of improvement.」
The company's assessment changed to reflect that, although the impact of COVID-19 on the economic environment remained, the difficult conditions had eased and signs of recovery were seen in corporate earnings, personal consumption and capital investment. - FY2022-Q2MitigatedAnnual report
「The Japanese economy during the cumulative second quarter remained difficult, but the situation was gradually easing, with signs of recovery in corporate earnings, capital investment and personal consumption. Employment conditions remained weak and production showed a pause in its recovery.」
The company's assessment changed to reflect that, although the impact of COVID-19 on the economic environment continued, signs of recovery were seen in corporate earnings, capital investment and personal consumption and the difficult situation was gradually easing. - FY2021RestatedAnnual report
「The Japanese economy during the fiscal year remained in a difficult situation, with personal consumption and employment and income conditions showing signs of weakness because of the impact of COVID-19. However, signs of recovery were seen in corporate earnings, capital investment and production.」
The company continues to recognize that the impact of COVID-19 on personal consumption, employment and income conditions and other areas has continued and that the economic environment remains difficult. - FY2021-Q3RestatedAnnual report
「The Japanese economy during the cumulative third quarter remained in a difficult situation, with personal consumption and employment and income conditions showing signs of weakness because of the impact of COVID-19. However, signs of recovery were seen in corporate earnings, capital investment and production.」
The company continues to recognize that the impact of COVID-19 on personal consumption, employment and income conditions and other areas has continued and that the economic environment remains difficult. - FY2021-Q1RestatedAnnual report
「The Japanese economy during the cumulative first quarter remained in a difficult situation. Although signs of recovery were seen in exports, production and personal consumption, corporate earnings continued to decline significantly because of the impact of COVID-19, while employment and income conditions and capital investment showed signs of weakening.」
The company indicates that the impact of COVID-19 on corporate earnings, employment and income conditions, and capital investment continued, and that the economic environment remained difficult. - FY2020MaterialisedAnnual report
「Following the state of emergency declared in April 2020 in response to the spread of COVID-19, the company's business activities, including order-taking and sales activities, have been affected by restrictions on the operations of major customers and on work at sites.」
The company states that COVID-19 had an actual impact on order-taking and sales activities through restrictions on the operations of major customers and on work at sites. - FY2020-Q3First statedAnnual report
「The situation requires vigilance regarding the impact of the COVID-19 pandemic on domestic and overseas economies」
In its description of the economic environment for the quarter, the company stated for the first time that the situation required vigilance regarding the impact of the COVID-19 pandemic on domestic and overseas economies. There is no statement that a specific impact on the company's own performance had occurred.