Impact of the spread of COVID-19 on demand and the supply chain
First written in FY2020. 5 of 12 entries say "Restated". Latest entry: FY2024-Q3.
T.Rad 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 2025: 5 of 16 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 on the Group's business described in the additional information section of the securities report for the previous consolidated fiscal year.」
It was stated that there had been no material changes to the accounting assumptions concerning the impact of COVID-19 on the business. - FY2024-Q2RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 on the Group's business described in the additional information section of the securities report for the previous consolidated fiscal year.」
It was stated that there had been no material changes to the previous year's accounting assumptions concerning the impact of COVID-19 on the business. - FY2023-Q3MaterialisedAnnual report
「Although the economic environment during the first 3 quarters of the current consolidated fiscal year showed signs of recovery, concerns remain that conditions will continue to be challenging due to the prolonged invasion of Ukraine, deteriorating Chinese demand associated with the impact of COVID-19, semiconductor shortages and soaring raw material prices.」
In contrast to the previous explanation that the impact of COVID-19 on the business had been almost completely eliminated, deteriorating Chinese demand was again cited as a factor weighing on actual results in connection with the impact of COVID-19. - FY2023-Q1MitigatedAnnual report
「During the three months ended 30 June, the economic environment remained challenging, despite signs of recovery from last year's COVID-19 pandemic, due to factors including the prolonged invasion of Ukraine, deteriorating Chinese demand following the Shanghai lockdown, the semiconductor shortage and higher raw material prices. Concerns remain that uncertainty will continue.」
The economic environment showed signs of recovering from last year's COVID-19 crisis. Relative to the downward pressure directly attributable to COVID-19, major concerns have shifted to the situation in Ukraine, the Shanghai lockdowns and other factors. - FY2022MitigatedAnnual report
「However, in the current consolidated fiscal year (fiscal year ending March 2022), the impact has been almost completely eliminated. Our accounting estimates for the current consolidated fiscal year (fiscal year ending March 2022) are based on the assumption that this situation will continue into the following consolidated fiscal year (fiscal year ending March 2023).」
The explanation changed to state that the impact of COVID-19 on the business had been almost completely eliminated in the current fiscal year. However, the assumption remains that this situation will continue into the following fiscal year. - FY2022-Q3RestatedAnnual report
「Although signs of recovery were seen during the first nine months of the current fiscal year, the economic environment remains challenging due to the impact of semiconductor shortages, soaring raw material prices and the spread of COVID-19 infections, among other factors.」
While the spread of COVID-19 continues to be cited as a factor contributing to the harsh economic environment, sales in each region recovered year on year. - FY2022-Q2RestatedAnnual report
「Although signs of recovery were seen during the first six months of the current fiscal year, the economic environment remains challenging due to the impact of semiconductor shortages, soaring raw material prices and the spread of COVID-19 infections, among other factors.」
While the spread of COVID-19 continues to be cited as a factor contributing to the harsh economic environment, sales in each region recovered year on year. - FY2022-Q1RestatedAnnual report
「As the future economic outlook depends on the course of the infectious disease, concerns remain about continued uncertainty over the outlook.」
The economic outlook remains dependent on trends in COVID-19 infections, and uncertainty over the outlook continues to be indicated. - FY2021-Q3MaterialisedAnnual report
「Sales of automotive products and construction and industrial machinery products declined significantly from the previous period, owing to lower sales by major customers amid the spread of COVID-19.」
The decline in sales at major customers resulting from the spread of COVID-19 continued to appear in actual results as lower revenue and operating losses in Japan, the United States and Asia. - FY2021-Q2MaterialisedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, operations were significantly affected by the spread of COVID-19, including the suspension of operations by business partners.」
The impact of suspensions of operations by business partners and other factors resulting from the spread of COVID-19 continued during the cumulative second quarter of the current fiscal year, appearing in results as lower revenue and profit and losses in all regions. - FY2021-Q1MaterialisedAnnual report
「Sales of automotive and construction industrial machinery declined year on year due to lower sales by key customers and other factors associated with the spread of COVID-19 infections.」
The decline in sales at major customers resulting from the spread of COVID-19 has appeared in actual results as lower revenue and operating losses in Japan, the United States, China and other regions. - FY2020First statedAnnual report
「At present, the spread of COVID-19 has not had a major impact on the group's production itself. However, the suspension or reduction of production by major business partners and the impact on supply chains have had a serious impact on the group.」
The spread of COVID-19 was described for the first time as an independent material risk, with the suspension or reduction of production by major business partners and the impact on supply chains having actually occurred. Meanwhile, the impact on results for the current fiscal year was considered limited because of the fiscal year-end timing.