Impact of COVID-19 on the Business Environment and Supply Chains
First written in FY2020. 3 of 14 entries say "Restated". Latest entry: FY2024-Q3.
Advan Group 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 "Mitigated".
- FY2024-Q3MitigatedAnnual report
「The building materials business has gradually shown signs of recovery, as recovery from the COVID-19 pandemic has progressed and expectations for inbound demand have grown.」
Regarding the impact of the COVID-19 pandemic on the business environment, it indicates that the building materials business has recovered and is gradually moving toward further recovery. - FY2024-Q2RestatedAnnual report
「While the gradual easing of various restrictions related to COVID-19 has put the economy on a moderate recovery track, the outlook remains uncertain because of concerns about the impact on consumption from the yen's sharp depreciation and high resource and energy prices, as well as overseas economic and price trends and future developments in the situation in Ukraine.」
The trend toward normalization through the easing of restrictions related to the infectious disease continues to coexist with uncertainty due to the weaker yen, high resource and energy prices, overseas economies, and the situation in Ukraine. - FY2024-Q1Normalization through eased restrictions and uncertainty coexistAnnual report
「While the gradual easing of various restrictions related to COVID-19 has put the economy on a moderate recovery track, the outlook remains uncertain because of concerns about the impact on consumption from the yen's sharp depreciation and high resource and energy prices, as well as overseas economic and price trends and future developments in the situation in Ukraine.」
While indicating economic normalization through the gradual easing of various restrictions related to the infectious disease, it states that uncertainty due to the weaker yen, high resource and energy prices, overseas economies, and the situation in Ukraine continues to coexist. - FY2023Expectations for normalization and inflation and geopolitical risks coexistAnnual report
「Social and economic activity continued to normalize from the COVID-19 pandemic, and a gradual recovery continued, while energy and food prices surged due to heightened geopolitical risks, including Russia's invasion of Ukraine, and concerns over a global economic recession grew as a result of monetary tightening by the United States, Europe and other countries.」
It describes a situation in which normalization from the COVID-19 pandemic is progressing, while geopolitical risks, surging energy and food prices, and concerns over an economic recession coexist. - FY2023-Q3Expectations for normalization from the COVID-19 pandemic and inflation concerns coexistAnnual report
「During the cumulative third quarter under review, normalization from the COVID-19 pandemic continued to be anticipated. However, the outlook for the economy became even more uncertain as concerns over inflation increased in Japan and abroad and policy changes by monetary authorities in response caused substantial exchange-rate volatility.」
It states that conditions have shifted toward an anticipated normalization from the COVID-19 pandemic, while new sources of uncertainty due to inflation and significant foreign exchange fluctuations have intensified. - FY2023-Q2Normalization from the COVID-19 pandemic and new inflation risks coexistAnnual report
「During the cumulative second quarter consolidated period, Japan's economy was gradually normalizing after the COVID-19 pandemic, but the outlook remained uncertain as the yen depreciated sharply, prices rose because of higher freight rates and procurement costs, and resource and energy prices soared amid the situation in Ukraine, with supply shortages heightening inflation concerns.」
While indicating that normalization from the COVID-19 pandemic is progressing, it describes new sources of uncertainty arising from the weaker yen, higher freight rates and procurement costs, surging resource and energy prices, and supply shortages. - FY2023-Q1RestatedAnnual report
「Construction demand has gradually begun to show signs of recovery, but has not yet achieved a full-fledged recovery because concerns remain, including the possibility of another wave of COVID-19 infections.」
It continues to describe a situation in which signs of recovery in the economy and construction demand coexist with concerns over a full-fledged recovery due to the resurgence of COVID-19. - FY2022-Q3Economic recovery and uncertainty due to the spread of the Omicron variant coexistAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, social activity and personal consumption remained sluggish due to declarations of a state of emergency and the implementation of priority preventive measures. However, the economy gradually began to show signs of recovery as COVID-19 vaccinations progressed and declarations of a state of emergency were lifted. At the same time, as infections caused by the Omicron variant that emerged late last year spread worldwide, uncertainty over the outlook has again increased.」
It states that the economy recovered as vaccinations progressed and declarations of a state of emergency were lifted, while uncertainty over the outlook increased again as the Omicron variant spread worldwide. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy remained uncertain, as social activity and personal consumption were sluggish due to repeated declarations of a state of emergency and the implementation of priority preventive measures, despite a certain level of progress in vaccinations against COVID-19.」
It continues to recognize progress in vaccinations, while social activity and personal consumption remain sluggish due to declarations of a state of emergency and other measures, leaving the economic recovery uncertain. - FY2022-Q1Economic recovery and concerns over a resurgence in infections coexistAnnual report
「The economy has gradually shown signs of recovery, with exports increasing against a backdrop of the recovery in overseas economies. However, social activity and personal consumption have remained sluggish due to the resurgence of COVID-19 infections and concerns surrounding the hosting of the Olympic and Paralympic Games, and the economic outlook remains uncertain.」
While the economy has shown signs of recovery against a backdrop of improving overseas economies, sluggish social activity and personal consumption and uncertainty over the outlook have continued due to concerns over a resurgence in COVID-19 infections and the hosting of the Olympic and Paralympic Games. - FY2021-Q3WorsenedAnnual report
「Construction market activity has been sluggish under the prolonged impact of the COVID-19 pandemic, and the challenging conditions have continued.」
It states that the impact of COVID-19 has been prolonged, with stagnation in the construction market and a challenging business environment continuing. - FY2021-Q2WorsenedAnnual report
「In the construction industry related to our business, construction starts have remained below last year's level, owing to the winding down of Olympic-related demand last year and the contraction and postponement of corporate capital investment due to the COVID-19 pandemic.」
The prolonged impact of the spread of COVID-19 has affected the business environment in the form of reduced and postponed corporate capital investment and construction starts falling below the previous year's level. - FY2021-Q1MaterialisedAnnual report
「The construction industry in which the Company operates has also been affected by the spread of COVID-19, and the challenging business environment continues.」
Regarding the impact of COVID-19, which was identified as a risk in the previous fiscal year, the Company states that the construction industry has in fact been affected and that the challenging business environment continues. - FY2020First statedAnnual report
「The COVID-19 pandemic may affect construction demand as a result of the economic downturn, among other factors.」
The Company identifies the stagnation of economic and social activity accompanying the spread of COVID-19, its impact on construction demand, and its impact on overseas procurement and the supply chain as new risks. It states that the impact on performance for the current fiscal year is minimal.