Risk of Declining Business Activity and Demand Due to the Spread of COVID-19
First written in FY2021-Q1. 6 of 12 entries say "Materialised", first in FY2021-Q2. Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025DroppedAnnual reportThe current year’s sections on "Business and Other Risks" and analysis of operating results contain no identifiable description of the risk of reduced business activity or demand due to COVID-19.
- FY2023MitigatedAnnual report
「The impact of COVID-19 has eased due to the wider availability of vaccinations and the reduced risk of severe illness resulting from viral mutations, among other factors, and socioeconomic activity is expected to return to normal going forward. However, depending on developments toward containing the infection and the extent of its impact on economic conditions, our operating results could be affected.」
States that the impact of the infectious disease has eased and socioeconomic activity is expected to return to normal, while the possibility of an impact on operating results remains. - FY2023-Q3Normalization of social activity as restrictions on activities and entry restrictions were easedAnnual report
「During the cumulative third quarter, the Japanese economy showed signs of social activity returning to normal as restrictions on activities, entry restrictions and other measures were eased while COVID-19 continued for an extended period.」
Describes signs of social activity returning to normal as restrictions on activities and entry restrictions were eased, although the infectious disease continued for an extended period. - FY2023-Q2Normalization of social activity as restrictions on activities were easedAnnual report
「During the cumulative second quarter, the Japanese economy showed signs of social activity returning to normal as restrictions on activities and other measures were eased while COVID-19 continued for an extended period.」
Describes signs of social activity returning to normal as restrictions on activities and other measures were eased, although the infectious disease continued for an extended period. - FY2023-Q1Demand recovery amid the impact of the infectious diseaseAnnual report
「However, as restrictions on activities have gradually been eased with progress in vaccinations and thorough infection prevention measures, use for leisure purposes, such as cherry-blossom viewing and Golden Week, has recovered rapidly, resulting in PV growth to 104% of the previous-year level.」
Although the outlook for the containment of the infectious disease remains uncertain, it states that leisure demand and page views recovered as restrictions on activities were eased. - FY2022MaterialisedAnnual report
「Net sales were ¥649.695 million, up 6.3% year on year. This was mainly because advertising rates remained weak due to continued reluctance to place advertisements as a result of COVID-19, as well as Cookie restrictions introduced from a privacy-protection perspective」
The annual performance analysis also identifies reduced advertising placements and persistently weak advertising rates due to COVID-19 as actual impacts. - FY2022-Q3MaterialisedAnnual report
「During the cumulative third quarter, advertising rates remained weak due to continued reluctance to place advertisements as a result of COVID-19, as in the previous fiscal year, as well as Cookie restrictions introduced from a privacy-protection perspective.」
Describes the continued restraint on advertising placements due to COVID-19 and the actual impact of persistently weak advertising rates. - FY2022-Q2MaterialisedAnnual report
「During the cumulative second quarter period, advertising rates remained weak, as in the previous fiscal year, due to continued restraint in advertising placements resulting from the impact of COVID-19, as well as Cookie restrictions implemented from the perspective of privacy protection.」
Describes the continued restraint on advertising placements due to COVID-19 and the actual impact of persistently weak advertising rates. - FY2022-Q1MaterialisedAnnual report
「During the cumulative first quarter, advertising rates declined due to continued reluctance to place advertisements as a result of COVID-19, as in the previous fiscal year, as well as the impact of Apple imposing restrictions on the use of the Identifier for Advertisers (IDFA) for devices.」
Describes the continued restraint on advertising placements due to COVID-19 and the actual impact on operating results, including lower advertising rates. - FY2021-Q3MaterialisedAnnual report
「In terms of revenue, during the cumulative third quarter, weather was stable, including a period with no typhoon landfalls for the first time in 12 years since 2008, while a trend among large companies in particular to refrain from placing advertisements due to COVID-19 also affected sales.」
The actual impact on sales of reduced advertising placements due to COVID-19 was also described for the cumulative third quarter. - FY2021-Q2MaterialisedAnnual report
「Net sales were affected as major companies in particular refrained from placing advertisements due to COVID-19.」
Describes the actual impact on sales of reduced advertising placements in relation to the risk of lower demand identified in the previous quarter. - FY2021-Q1First statedAnnual report
「If lockdowns, restrictions on going out and similar measures are implemented again as infections continue to spread in Japan and overseas, our business activities may not progress as planned. In addition, the resulting economic impact could reduce demand for our services and materially affect our operating results.」
Discloses delays in business activities and reduced demand due to the spread of COVID-19 as new risks. The results section for the current quarter states that page views for leisure-related content and other areas declined because people refrained from going out, and that net sales were also affected.