Impact of the spread of COVID-19 on economic and business activity
First written in FY2021-Q1. 9 of 15 entries say "Restated". Latest entry: FY2024.
Morio Denki moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
60 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「In Japan, as COVID-19 was reclassified as a Category 5 disease and social and economic activity gradually moved toward normalisation, the economy is expected to gain momentum toward recovery.」
For COVID-19, it describes the Category 5 reclassification and the normalisation of social and economic activity, with the wording shifting from the previous focus on the spread of infection and restrictions on economic activity toward an easing of the impact. - FY2024-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 states that there have been no significant changes in the major risks, and no explicit changes have been described in the treatment of existing risks related to the spread of COVID-19. - FY2024-Q2RestatedAnnual report
「During the cumulative second 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 states that there have been no significant changes in the major risks, and no explicit changes have been described in the treatment of existing risks related to the spread of COVID-19. - 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 states that there have been no significant changes in the major risks, and no explicit changes have been described in the treatment of existing risks related to the spread of COVID-19. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended December 2022, the Japanese economy showed signs of a return to normal economic activity as restrictions on activity were eased while the impact of COVID-19 continued, but the outlook remained uncertain due to the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen.」
While the impact of COVID-19 continued, it also described signs of a return to normal economic activity as restrictions on activity were eased. The view that the outlook remains uncertain continues. - FY2023-Q2RestatedAnnual report
「During the six-month period ended September 2022, the Japanese economy showed signs of a recovery in economic activity as COVID-19 vaccinations progressed, but the outlook remained uncertain due to the rapid spread of infections caused by new variants, the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen.」
While there were signs of a reopening of economic activity accompanying vaccinations, it continued to describe the rapid spread of infections caused by new variants and the resulting uncertainty about the outlook. - FY2023-Q1RestatedAnnual report
「During the three-month period ended June 2022, the Japanese economy showed signs of a recovery in economic activity as COVID-19 vaccinations progressed, but the outlook remained uncertain due to the rapid spread of infections caused by new variants, the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen.」
While there were signs of a reopening of economic activity accompanying vaccinations, it continued to describe uncertainty about the outlook due to new variants, the situation in Ukraine, raw material and energy prices, and the depreciation of the yen. - FY2022RestatedAnnual report
「During the fiscal year, the Japanese economy showed signs of a recovery in economic activity as COVID-19 vaccinations progressed, but the outlook remained uncertain due to the rapid spread of infections caused by new variants, the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen.」
It continues to describe the impact of COVID-19 variants and uncertainty. It also describes signs of a reopening of economic activity accompanying vaccinations. The situation in Ukraine, raw material and energy prices, and the depreciation of the yen were identified separately as new risk factors. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended December 2021, the Japanese economy was significantly affected by restrictions on various economic activities due to the global spread of COVID-19 variants, which had a major impact on corporate performance. Meanwhile, although the number of infections was trending downward as vaccination rates rose, the outlook remained uncertain.」
It also describes the continuing impact of COVID-19 variants on economic activity and corporate performance, as well as the decline in infections accompanying higher vaccination rates. It states that uncertainty about the outlook remains. - FY2022-Q2Continued impact of variants, expectations for recovery and uncertaintyAnnual report
「During the six-month period ended September 2021, the Japanese economy was significantly affected by restrictions on various economic activities due to the global spread of COVID-19 variants, which had a major impact on corporate performance and personal consumption. Meanwhile, the number of infections began to decline in September as vaccinations expanded and accelerated, raising expectations for a recovery in economic activity, although concerns remain that the outlook will continue to be uncertain.」
It states that the impact of COVID-19 variants on economic activity and corporate performance continues, while a recovery in economic activity is expected as vaccinations expand and infections decline. It notes that uncertainty about the outlook remains. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the consolidated fiscal year under review, Japan's economy was affected by restrictions on various economic activities resulting from the global spread of COVID-19, which had a significant impact on corporate performance and personal consumption. While the third state of emergency was declared in April 2021 amid a further spread of the infectious disease, an economic recovery is expected as vaccinations accelerate, although the outlook remains increasingly uncertain.」
The company continues to recognize the impact of COVID-19 on economic activity and corporate performance, the third declaration of a state of emergency and continued uncertainty about the outlook. - FY2021WorsenedAnnual report
「During the consolidated fiscal year under review, Japan's economy was affected by restrictions on various economic activities resulting from the global spread of COVID-19, which had a significant impact on corporate performance and personal consumption. Although signs of a temporary recovery emerged after the state of emergency was lifted in March 2021, a third state of emergency was declared in April 2021 amid another spread of the infectious disease, and the outlook remains increasingly uncertain.」
The company states that the impact of the spread of the infection on economic activity and corporate performance has continued, while uncertainty about the outlook remains due to another spread of the infectious disease and the third declaration of a state of emergency. - FY2021-Q3WorsenedAnnual report
「Although signs of a temporary recovery emerged after the state of emergency was lifted in May 2020, the further spread of the infectious disease has continued, and the outlook remains increasingly uncertain.」
The company states that, although a temporary recovery was seen after the state of emergency was lifted, the further spread of the infectious disease continued and uncertainty about the outlook increased further. The impact of the spread of the infection is described as having already occurred. - FY2021-Q2WorsenedAnnual report
「Although economic activity resumed after the government lifted the state of emergency, there is no clear prospect of the situation coming to an end, raising concerns that the impact will be prolonged.」
The company states that, regarding the impact of the spread of COVID-19 on economic activity, there is still no clear prospect of the situation coming to an end after the state of emergency was lifted, and concerns remain that the impact will be prolonged. - FY2021-Q1First statedAnnual report
「During the cumulative first quarter of the consolidated fiscal year under review, Japan's economy slowed rapidly as economic activity was significantly curtailed, including through the government's declaration of a state of emergency in April, due to the global spread of COVID-19.」
The company identifies the global spread of COVID-19, the declaration of a state of emergency, restrictions on economic activity and the economic slowdown as the operating environment for the quarter under review for the first time. The spread of the virus and restrictions on economic activity are described as events that had already occurred.