Business and Financial Impact of the Spread of COVID-19
First written in FY2021-Q1. 5 of 11 entries say "Reframed", first in FY2022-Q3. Latest entry: FY2026.
Japan Cash Machine moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 78 of 113 companies on the "Worse" side.
12 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「If infections such as COVID-19, influenza and norovirus spread among our Group's officers and employees, business activities may have to be suspended temporarily, which could affect our Group's operating results and financial position.」
The disclosure has been narrowed from broad business-environment risks, such as customer-facility closures and investment restraint during the COVID-19 pandemic, to the risk of temporary business suspension caused by infections spreading among officers and employees. - FY2023ReframedAnnual report
「As restrictions related to COVID-19 were gradually eased and countries shifted toward the full resumption of economic activity, the economy showed signs of recovery.」
The description has shifted from a focus on business stoppages and investment restraint caused by the spread of COVID-19 to reduced impact as restrictions are eased and economic activity resumes. However, the infection risk itself remains on the risk list. - FY2023-Q3ReframedAnnual report
「While geopolitical risks related to the prolonged situation in Russia and Ukraine and elsewhere, global increases in resource and raw material prices, and supply chain disruptions continued, some improvement was seen as countries made progress in balancing infectious disease control measures with economic activity.」
The assessment has shifted from deterioration in the business environment caused by the spread of COVID-19 to some improvement as measures to contain the virus are balanced with economic activity. However, geopolitical risks, surging resource prices and supply-chain disruption remain the main sources of uncertainty. - FY2023-Q2ReframedAnnual report
「Although economic activity has picked up as the impact of COVID-19 has eased, the outlook remains uncertain due to higher resource and raw material prices and supply chain disruptions stemming from geopolitical risks such as the situation in Russia and Ukraine, as well as the rapid depreciation of the yen.」
As the impact of COVID-19 subsides and economic activity picks up, geopolitical risks, resource and raw-material prices, supply chains and the weak yen have emerged as the main sources of uncertainty. - FY2023-Q1ReframedAnnual report
「Regarding the operating environment surrounding our Group, economic activity in each country has picked up as various restrictions aimed at containing COVID-19 have been eased. However, in addition to the global shortage of electronic components that has continued since the previous fiscal year, concerns have newly arisen over surging resource and raw-material prices due to geopolitical risks related to the situation in Ukraine and other factors, leaving the outlook uncertain.」
Economic activity is picking up as COVID-related restrictions are eased, but in addition to shortages of electronic components, surging resource and raw-material prices resulting from the situation in Ukraine and other factors have been added as new concerns. - FY2022-Q3ReframedAnnual report
「Regarding the operating environment surrounding our Group, economic conditions are recovering as countries prioritize economic activity despite the spread of COVID-19 variants. However, global supply chains remain disrupted in various areas due to shortages of electronic components, including semiconductors, and the outlook remains uncertain.」
Although economic conditions are recovering despite the spread of COVID-19 variants, global supply-chain disruption caused by shortages of electronic components, including semiconductors, has been added as a new source of uncertainty. - FY2022-Q2Recovery trend accompanied by continued uncertaintyAnnual report
「Regarding the operating environment surrounding our Group, the global economy is recovering as COVID-19 vaccines become more widely available. However, the pace of economic recovery varies across countries due to the spread of variants, and the situation remains uncertain.」
While the global economy is showing signs of recovery as vaccines become more widely available, the spread of variants has led to uneven recovery across countries, leaving continued uncertainty. - FY2022-Q1RestatedAnnual report
「Although COVID-19 vaccinations are progressing worldwide, some regions are experiencing renewed outbreaks, and the degree of economic recovery varies across countries. The situation therefore remains uncertain.」
Although vaccination programs are progressing, renewed outbreaks in some regions and uneven economic recovery remain, leaving continued uncertainty over the business and financial impact of the COVID-19 pandemic. - FY2021-Q3WorsenedAnnual report
「The market environment surrounding our Group remained difficult as the global spread of COVID-19 continued to suppress investment both in Japan and overseas.」
The impact of the spread of COVID-19 has persisted in the gaming, amusement-hall equipment and commercial markets, as investment restraint continues in Japan and overseas. - FY2021-Q2WorsenedAnnual report
「The global spread of COVID-19 and measures taken by governments to prevent its spread forced casinos and pachinko halls to close temporarily. Although they have now resumed operations, attendance restrictions and other measures have prevented them from returning to their previous levels of activity, and investment appetite has remained extremely weak.」
The closure of customer facilities and attendance restrictions caused by the spread of the infection have continued and worsened, leaving investment appetite for gaming and amusement-hall equipment extremely weak. - FY2021-Q1First statedAnnual report
「The impact of COVID-19 on our Group varies in nature and severity by business and involves many uncertainties. Depending on how the situation develops, it may have a material impact on our Group's financial position and operating results.」
Customer facilities have already closed, business activities have been restricted, and projects have been delayed or suspended due to the spread of the infection. The company also indicates that there may be a material impact on its future financial position and operating results.