Impact of the spread of COVID-19 on sales activities and the supply chain
First written in FY2020. 6 of 17 entries say "Softened", first in FY2022-Q3. Latest entry: FY2025.
The whole theme swung hardest in 2020: 101 of 175 companies on the "Worse" side.
- FY2025DroppedAnnual report
「If a major natural disaster, such as an earthquake, tsunami, typhoon, torrential rain, flood, heavy snowfall or epidemic, occurs, business activities may be disrupted」
In FY2025, there was no specific reference to the impact of the spread of COVID-19 on sales activities or the supply chain; it was presented as a general risk, including natural disasters and epidemics. - FY2024SoftenedAnnual report
「The easing of the impact of COVID-19 accelerated the normalization of social and economic activity.」
The description of the pandemic’s impact on sales and social and economic activity changed from restrictions on activities and stagnant store visits through the previous period to recognition that the impact had eased and activity had normalized. - FY2024-Q3RestatedAnnual report
「The easing of the impact of COVID-19 accelerated the normalization of social and economic activity.」
The company again noted, as in the previous quarter, that the impact of the pandemic on social and economic activity had eased and that normalization had progressed. - FY2024-Q2RestatedAnnual report
「The easing of the impact of COVID-19 accelerated the normalization of social and economic activity.」
The easing of the pandemic’s impact and the normalization of social and economic activity were again noted, following the previous quarter. - FY2024-Q1SoftenedAnnual report
「The classification of COVID-19 under the Infectious Diseases Control Law was changed to Category 5, accelerating the normalization of social and economic activity.」
The company’s view changed to one that social and economic activity had normalized as COVID-19 was reclassified as a Category 5 disease. The company also noted an increase in visits to hearing-aid stores and higher revenue and profit across all businesses. - FY2023SoftenedAnnual report
「As daily life recovered with the spread of infections subsiding, customer traffic was on a gradual recovery trend overall, resulting in higher revenue.」
The company noted the impact of stagnant store visits caused by the spread of the pandemic, while explaining that visits began to recover gradually as daily life returned to normal. - FY2023-Q3SoftenedAnnual report
「In hearing aids, although customer traffic at hearing aid retailers remained sluggish during the period when COVID-19 was spreading, the easing of activity restrictions put customer traffic on a gradual recovery trend overall, resulting in higher revenue.」
Although the stagnation in visits caused by the spread of the pandemic persisted, visits began to recover gradually as restrictions on activities were eased, and sales exceeded the level recorded in the same period of the previous year. - FY2023-Q2MaterialisedAnnual report
「From July onward, visits to stores declined again due to the renewed spread of the pandemic.」
The effects of the pandemic became evident in the results from July onward, after restrictions on activities were eased, in the form of another decline in visits to hearing-aid stores. Meanwhile, first-half revenue exceeded that of the same period of the previous year. - FY2023-Q1SoftenedAnnual report
「Customer traffic recovered as restrictions on activities were eased following the impact of COVID-19, and sales exceeded those in the same quarter of the previous year, when customer traffic had remained sluggish due to the spread of infections.」
Restrictions on activities related to COVID-19 were eased, and visits to hearing-aid stores recovered. Although the effects of the pandemic remain, the company explained that sales exceeded the level recorded in the same period of the previous year. - FY2022-Q3SoftenedAnnual report
「Although customer traffic to hearing-aid retailers remained sluggish as people refrained from going out to prevent the spread of COVID-19, customer traffic and sales have been recovering since October as foot traffic returned, so the decline was not as steep as in the same quarter of the previous year.」
The stagnation in customer traffic caused by infection-control measures has continued in actual results, but the company stated that the recovery in foot traffic since October meant that the impact on sales was not as severe as in the same period of the previous year. - FY2022-Q2MaterialisedAnnual report
「Visitor numbers at hearing-aid retailers were sluggish due to requests to refrain from going out to prevent the spread of COVID-19, but the decline did not reach the level seen in the same quarter of the previous year.」
Refraining from going out to prevent the spread of infections continued to affect results in the form of stagnant customer traffic at hearing-aid retailers. However, the company stated that the decline was not as steep as in the same period of the previous year. - FY2022-Q1MaterialisedAnnual report
「Customer traffic to hearing-aid retailers remained sluggish due to the arrival of the fourth wave of COVID-19 infections from around April」
The impact of the renewed spread of infections actually emerged during the current quarter in the form of sluggish customer traffic at hearing-aid retailers caused by the fourth wave. However, the company stated that the decline was not as steep as in the same period of the previous year. - FY2021The impact of the renewed spread of infections became apparent in full-year resultsAnnual report
「Although overall revenue and profit declined due to sluggish sales in the medical equipment and environmental equipment businesses, the decline in performance was contained to a certain extent by strong sales in the particle measuring instruments business.」
Refraining from going out, restrictions on visits to medical institutions, and reductions and postponements in corporate capital investment associated with the spread and renewed spread of COVID-19 materialized as full-year declines in revenue and profit in the medical equipment and environmental equipment businesses. - FY2021-Q3Revision of the expected impact in light of the renewed spread of infectionsAnnual report
「Infections have tended to spread again since around the end of 2020, and restrictions on sales activities with customers are expected to continue to some extent into the next fiscal year. However, the impact on customer traffic at hearing-aid retailers is expected to be limited. Sales of fine-particle measuring instruments are also expected to remain strong, supported by active capital investment in the semiconductor-related industry.」
While restrictions on sales activities are expected to continue into the next fiscal year due to the renewed spread of infections, the impact on customer traffic at hearing-aid retailers is expected to be limited, and strong sales of fine-particle measuring instruments are expected to continue. - FY2021-Q2MaterialisedAnnual report
「Sales remained sluggish partly because many medical institutions restricted sales visits as an infection-control measure.」
Restrictions on sales visits resulting from the spread of COVID-19 continued to affect results in the form of sluggish sales of medical testing equipment. In the environmental equipment business as well, restrictions on sales visits to customers affected the lack of growth in sales. - FY2021-Q1MaterialisedAnnual report
「Hearing aids posted sluggish sales due in part to a decline in customer traffic to hearing-aid retailers, including referrals from otolaryngology clinics, as people refrained from going out to prevent the spread of COVID-19」
The spread of COVID-19, which had been described as a future risk in the previous fiscal year, materialized as actual declines in revenue and profit in the medical equipment and environmental equipment businesses through reduced outings, weaker replacement demand at medical institutions, restrictions on visits, and difficulty making sales calls. - FY2020First statedAnnual report
「Regarding the spread of COVID-19 during the current consolidated fiscal year, the company promoted measures to prevent further spread, including working from home, staggered working hours for employees required to come to the office, and restraint from domestic and international business travel. Further disruptions may arise in the future due to changes in the supply chain related to COVID-19 and notices or requests from relevant authorities and organizations.」
The spread of COVID-19 emerged during the current period, and the company identified for the first time as a risk the possibility of additional disruptions resulting from future changes in the supply chain and requests from relevant authorities, in addition to the impact on sales activities.