Risk of Business and Earnings Impact from the Spread of COVID-19
First written in FY2020. 8 of 14 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024DroppedAnnual report
「Japan’s economy currently faces uncertainty about the outlook due to overseas factors, including continued high interest rates in Europe and the United States, the situation in the Middle East and concerns over China’s economic outlook. However, the economy is on a gradual recovery trend, supported in part by the effects of various policies, including improvements in employment and income conditions.」
The impact of the spread of COVID-19 on the business has disappeared from the descriptions of the business environment and risks in this filing, and the standalone COVID-19 impact theme reported through the previous year is no longer included. - FY2024-Q3MitigatedAnnual report
「During the cumulative third quarter, Japan’s economy was moving toward the normalization of economic activity with COVID-19, but the economic environment remained uncertain due to high prices resulting from the record weakening of the yen and unstable international conditions.」
The filing identifies the increasing normalisation of economic activity in the living-with-COVID environment as an improving factor and describes a partial easing of the business-environment risks associated with COVID-19. - FY2024-Q1MitigatedAnnual report
「During the three months ended 30 June, Japan's economy remained on a gradual recovery trend as the classification of COVID-19 under Japan's Infectious Diseases Control Law was moved to Category 5, and the easing of restrictions on movement led to increased foot traffic and a return of inbound demand.」
The filing describes the reclassification of COVID-19 as a Category 5 disease, the easing of restrictions on movement, increased foot traffic and the return of inbound demand as factors supporting economic recovery and improving the business-environment risks associated with the pandemic. - FY2023MitigatedAnnual report
「Japan's economy is currently moving toward normalisation of social and economic activity following the lifting of restrictions on movement associated with COVID-19.」
The filing describes the lifting of restrictions on movement associated with COVID-19 and the normalisation of social and economic activity, indicating factors improving the business-environment risks associated with the pandemic. - FY2023-Q3MitigatedAnnual report
「During the nine months ended 31 December, Japan's economy showed signs of a certain recovery in domestic economic activity as moves toward containing COVID-19 accelerated, although」
The filing describes accelerating moves toward containing COVID-19 and signs of a recovery in domestic economic activity, indicating factors improving the business-environment risks associated with the pandemic. - FY2023-Q2MitigatedAnnual report
「As moves toward containing COVID-19 accelerated, domestic economic activity showed signs of a certain recovery, although」
The filing describes accelerating moves toward containing COVID-19 and signs of a recovery in domestic economic activity, indicating factors that have improved some of the business-environment risks associated with the pandemic. - FY2023-Q1RestatedAnnual report
「Regarding the impact of the spread of COVID-19 on the business, although there has been no significant impact on the business at present, the situation remains unpredictable. Accordingly, while continuing measures to prevent the spread of infection, we will continue to closely monitor developments.」
Regarding COVID-19, the filing states that there has been no significant impact on the business at present, while measures to prevent the spread of infection and monitoring of developments are continuing. - FY2022MitigatedAnnual report
「Although our Group's results for the fiscal year were affected to a certain extent, no material impact occurred.」
The filing acknowledges a certain impact from COVID-19, while stating that no material impact occurred during the fiscal year. - FY2022-Q2MitigatedAnnual report
「Regarding the impact of the spread of COVID-19 on the business, although there has been no significant impact on the business at present, the situation remains unpredictable. Accordingly, while continuing measures to prevent the spread of infection, we will continue to closely monitor developments.」
Regarding the impact of the COVID-19 pandemic, the filing states that there has been no significant impact on the business at present and that measures to prevent the spread of infection and monitoring of developments are continuing. - FY2022-Q1MitigatedAnnual report
「Regarding the impact of the spread of COVID-19 on the business, although there has been no significant impact on the business at present, the situation remains unpredictable. Accordingly, while continuing measures to prevent the spread of infection, we will continue to closely monitor developments.」
Regarding the impact of COVID-19, the filing states that there has been no significant impact on the business at present and that the company is monitoring developments while continuing measures to prevent the spread of infection. - FY2021-Q3MaterialisedAnnual report
「As the deterioration in market conditions associated with the spread of COVID-19 continued during the nine months ended 31 December, we proceeded with efforts to review the future direction of the business of our Group. As a result, segment revenue was ¥2.835 million, down 89.8% year on year, and the segment loss was ¥925 thousand, compared with a segment loss of ¥5.701 million in the same period of the previous year.」
The deterioration in market conditions caused by COVID-19 continued in the Other business, resulting in a substantial decline in revenue and a review of the future direction of the business. - FY2021-Q2MaterialisedAnnual report
「During the six months ended 30 September, the decline in client companies' recruitment demand and the suspension or postponement of recruitment activities associated with the spread of COVID-19 continued.」
The filing states that the decline in client companies' recruitment demand and the suspension or postponement of recruitment activities due to COVID-19 have continued to occur in practice in the Other business. - FY2021-Q1MaterialisedAnnual report
「During the first quarter of the fiscal year, the decline in client companies' demand for recruitment and the suspension or postponement of recruitment activities associated with the spread of COVID-19 continued.」
The filing states that the decline in client companies' recruitment demand and the suspension or postponement of recruitment activities due to COVID-19 have continued in practice in the Other business, including employment placement and staffing. At the Group-wide level, however, it states that there has been no significant impact on the business at present. - FY2020First statedAnnual report
「If the stagnation of consumer activity associated with a slowdown in the global economy is prolonged due to the spread of COVID-19, if infections spread among employees of our Group, or if business partners and others reduce or suspend their business activities, this could affect the financial condition and operating results of our Group.」
For COVID-19, the filing explicitly identifies for the first time the impact on financial condition and operating results of employee infections, reductions or suspensions of business activity by business partners, and stagnant consumer activity as a standalone risk item. It also states that the current fiscal year's results were affected to a certain extent, but that no material impact occurred.