Impact of the spread of COVID-19 on demand, sales activities and the supply chain
First written in FY2020. 5 of 12 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 77 of 112 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Following the reclassification of COVID-19 as a Class 5 infectious disease, the economy remained on a recovery trend.」
The company reiterated that the reclassification of COVID-19 as a Class 5 infectious disease eased the direct constraints on economic activity and that the economy was on a recovery trend. - FY2024-Q2MitigatedAnnual report
「Following the reclassification of COVID-19 as a Class 5 infectious disease, the economy remained on a recovery trend.」
The company stated that the reclassification of COVID-19 as a Class 5 infectious disease further eased the direct constraints on economic activity associated with the spread of infection, putting the domestic economy on a recovery trend. - FY2024-Q1MitigatedAnnual report
「Following the lifting of activity restrictions related to COVID-19, the economy remained on a recovery trend.」
The company stated that the lifting of activity restrictions in Japan eased the direct constraints on economic activity caused by the spread of COVID-19, and that the economy entered a recovery trend. - FY2023-Q3MitigatedAnnual report
「During the nine-month consolidated period under review, Japan's economy showed signs of increased activity as efforts progressed to balance COVID-19 infection prevention with economic activity.」
The company described the easing of COVID-19-related activity restrictions as economic activity became more active while efforts to balance infection prevention and economic activity progressed. - FY2023-Q1MitigatedAnnual report
「As the number of new COVID-19 cases declined, economic activity showed signs of normalizing, including through the easing of activity restrictions.」
The company stated that constraints on economic activity associated with the spread of COVID-19 were easing as new cases declined and activity restrictions were relaxed. However, supply constraints, including tight supply and demand for electronic components, continued. - FY2022-Q3Easing of activity restrictions alongside continuing supply constraintsAnnual report
「In overseas markets, activity restrictions were gradually eased, and the company conducted sales activities adapted to the COVID-19 environment, including online sales to customers and face-to-face meetings with small groups. However, the Group was affected in both Japan and overseas by production delays for some products caused by a supplier factory fire during the previous fiscal year, difficulties procuring components amid the global component shortage, and restrictions on production activities during the COVID-19 pandemic.」
While activity restrictions overseas were eased and online and small-group face-to-face sales continued, production delays caused by supplier factory fires, difficulties procuring components and restrictions on production activities continued in Japan and overseas. - FY2022-Q2Easing of activity restrictions alongside continuing supply constraintsAnnual report
「In overseas markets, activity restrictions were gradually eased, and the company conducted sales activities adapted to the COVID-19 environment, including online sales to customers and face-to-face meetings with small groups. However, the Group was affected in both Japan and overseas by production delays for some products caused by a supplier factory fire during the previous fiscal year, difficulties procuring components amid the global shortage of electronic components, and restrictions on production activities during the COVID-19 pandemic.」
While the easing of activity restrictions and the continuation of online and small-group face-to-face sales were indicated, supply impacts from the fire, tight supply and demand for electronic components, and production restrictions remained in Japan and overseas. - FY2022-Q1MitigatedAnnual report
「In overseas markets, activity restrictions were gradually eased, and the company conducted sales activities adapted to the COVID-19 environment, including online sales through video conferences and other means with customers and face-to-face meetings with small groups.」
As activity restrictions overseas were gradually eased, the company continued sales activities using online sales and face-to-face meetings with small groups. A renewed spread of infection and some postponed construction projects and activity restrictions remained. - FY2021-Q3Phased resumption of sales and construction activities and online engagementAnnual report
「Although interest in replacing existing intercom systems and other equipment remained high, construction schedules were temporarily postponed and sales activities restricted to prevent the spread of infection. The company subsequently resumed activities in phases while implementing infection prevention measures. In overseas markets, sales activities stagnated for a period because business partners in Europe and the United States closed stores and other facilities, but the company conducted sales activities suited to the prevailing environment, including online sales through video and telephone conferences with customers and face-to-face meetings with small groups.」
While the spread of COVID-19 caused postponed construction schedules, restrictions on sales activities and stagnation in overseas sales, domestic and overseas activities were gradually resumed and continued through infection prevention measures, online sales and face-to-face meetings with small groups. - FY2021-Q2RestatedAnnual report
「In Japan, housing starts declined from the same period of the previous year, partly because of uncertainty about the economic outlook. Although interest in replacing existing intercom systems and other equipment remained high, construction schedules were postponed and sales activities restricted to prevent the spread of infection. In overseas markets, inquiries increased in the United States for newly launched systems for apartment buildings and other products, but sales activities stagnated after business partners in Europe and the United States closed stores and other facilities.」
Declining housing starts, postponed construction schedules, restrictions on sales activities and stagnation in overseas sales activities caused by business closures among European and U.S. customers continued to be reported. - FY2021-Q1MaterialisedAnnual report
「In Japan, housing starts declined from the same period of the previous year, partly because of uncertainty about the economic outlook. Although interest in replacing existing intercom systems and other equipment remained high, construction schedules were postponed and sales activities restricted to prevent the spread of infection. In overseas markets, inquiries increased in the United States for newly launched systems for apartment buildings and other products, but sales activities stagnated after business partners in Europe and the United States closed stores and other facilities.」
The company stated that lower housing starts, postponed construction schedules, restrictions on sales activities and stagnation in overseas sales activities caused by business closures among customers actually occurred as a result of the spread of COVID-19. - FY2020First statedAnnual report
「From February onward, the business environment surrounding the Group was affected by lower demand and restrictions on sales activities.」
The company described, for the first time as an independent risk theme, the occurrence during the fiscal year of lower demand and restrictions on sales activities associated with the spread of COVID-19.