Impact of the spread of COVID-19 on sales, advertising media and sponsors
First written in FY2021. 5 of 11 entries say "Materialised", first in FY2022-Q1. Latest entry: FY2025.
Hyojito moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 3 of 9 companies on the "Worse" side.
3 other companies' latest entry also says "Softened".
- FY2025SoftenedAnnual report
「If the spread of a new infectious disease and the issuance of declarations of a state of emergency or similar measures cause economic activity to stagnate for an extended period, the company’s operating results and financial position may be adversely affected.」
The disclosure has been reorganized from describing the specific effects of COVID-19 to outlining general risks that could arise if a new infectious disease emerges. - FY2024-Q1SoftenedAnnual report
「As restrictions on activities related to COVID-19 were eased, social and economic activity normalized and inbound demand recovered, while the economy continued to show a gradual recovery.」
The company describes the easing of activity restrictions related to COVID-19 and the normalization of social and economic activity, indicating that previous restrictions on sales and advertising activities had eased further. - FY2023SoftenedAnnual report
「Since May 2023, various restrictions have been lifted and daily life has gradually returned to normal. During the spread of COVID-19, the company implemented infection-control measures, including promoting telework and introducing web-based sales. However, the emergence and spread of a new infectious disease could result in the suspension of sales activities and the temporary closure of offices and facilities where advertising media are installed.」
While stating that restrictions on society and sales activities resulting from existing infectious diseases have been lifted or eased, the company continues to identify the risk of a new infectious disease emerging and spreading. - FY2023-Q3RestatedAnnual report
「Although a further economic recovery was expected, conditions remained uncertain due to concerns about a renewed spread of infections, the prolonged situation in Russia and Ukraine, the impact of soaring raw material and energy prices, and developments in foreign exchange markets and the global economy against a backdrop of global monetary tightening.」
The company continues to describe an uncertain economic environment, including concerns about a renewed spread of infections. It expressly states that there are no new business risks or material changes to existing risks. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter period, restrictions on daily life and economic activity related to COVID-19 were eased and signs of a recovery emerged. However, in addition to lingering underlying concerns about COVID-19 infections,」
While describing the easing of restrictions on daily life and economic activity, the company states that underlying concerns about COVID-19 infections remain, indicating continuing concerns related to infectious diseases in the business environment. - FY2023-Q1MaterialisedAnnual report
「Recently, rising prices and the continued spread of COVID-19 infections, including the seventh wave, have left the outlook uncertain.」
The company describes the continued seventh wave of COVID-19 infections and rising prices, indicating that risks to the business environment resulting from the spread of infections remain ongoing. - FY2022MaterialisedAnnual report
「In addition to the delayed recovery in advertising demand due to the COVID-19 pandemic, delays in installing new media and restrictions on sales activities could not be ruled out.」
The company specifically identifies the delayed recovery in advertising demand, delays in installing new media and restrictions on sales activities due to the spread of infections as factors affecting results for the fiscal year. - FY2022-Q3MaterialisedAnnual report
「During the cumulative third quarter period, the Japanese economy remained in a difficult situation as the re-expansion of COVID-19 infections led to the reissuance of declarations of a state of emergency and the implementation of priority preventive measures, restricting social and economic activity. Although signs of a recovery emerged as COVID-19 vaccinations progressed and overseas economies improved, the sixth wave of infections caused by the Omicron variant arrived, and soaring crude oil and natural gas prices left the outlook uncertain.」
The company states that, in addition to restrictions on social and economic activity resulting from the re-expansion of infections, the sixth wave caused by the Omicron variant actually occurred. - FY2022-Q2MaterialisedAnnual report
「During the cumulative second quarter period, the Japanese economy remained in a difficult situation as the re-expansion of COVID-19 infections led to the reissuance of declarations of a state of emergency and the implementation of priority preventive measures, restricting social and economic activity.」
The company states that the re-expansion of infections and restrictions on social and economic activity resulting from declarations of a state of emergency and similar measures continued into the second quarter. - FY2022-Q1MaterialisedAnnual report
「The situation remained challenging as the re-expansion of COVID-19 infections led to the reissuance of declarations of a state of emergency and the implementation of priority preventive measures, restricting social and economic activity.」
The company states that the re-expansion of infections and restrictions on social and economic activity resulting from declarations of a state of emergency and similar measures also occurred during the quarter, and that restrictions on sales activities continued. - FY2021First statedAnnual report
「The spread of infections may lead to risks such as the suspension of sales activities and the temporary closure of offices and facilities where advertising media are installed, potentially adversely affecting the company’s business activities, operating results and financial position.」
The company identifies the suspension of sales activities, facility closures, declines in sponsors’ contract renewal rates and collection risks, and states that weaker advertising demand and an increase in cancellations were actual factors during the fiscal year.