Impact of COVID-19 on Demand and Sales Activities
First written in FY2020. 7 of 15 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2025: 5 of 16 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As the declining birthrate and aging population continue to advance and changes in the welfare industry itself are anticipated, our highest priorities for building a stable operating foundation will continue to be maintaining measures against COVID-19 and other infectious diseases, expanding the areas we operate ourselves, and providing services that give users greater satisfaction,」
The description has shifted from focusing on the pandemic's past impact on results to advancing service expansion and stable operations while continuing infection-control measures. - FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, the Japanese economy recovered moderately as industrial production, capital investment and personal consumption began to recover following the easing of various restrictions related to the COVID-19 pandemic and other factors.」
Industrial production, capital investment and personal consumption were described as beginning to recover following the easing of various pandemic-related restrictions and other factors, indicating that the pandemic's impact on the economy and business activities was declining from the previous fiscal year. - FY2023MaterialisedAnnual report
「Our facility is treating infection control for residents in response to the recent COVID-19 pandemic as its highest priority. However, as the eighth wave of infections spread, infections also occurred at the facility. Drawing on our experience of bringing the outbreak to an end through cooperation with medical providers within the facility, we will continue strengthening infection-control measures and providing a safe and secure environment.」
An infection occurred at the welfare facility, but the company described its experience of bringing it to an end through cooperation with medical providers within the facility and continues its infection-control measures. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the Japanese economy showed some weakness during the summer spread of the COVID-19 pandemic, but recovered moderately during the third quarter as inbound demand and personal consumption recovered, while exports and capital investment remained firm.」
While describing the impact on personal consumption and other areas from the summer spread of the pandemic, the company also described a recovery in demand and economic activity during the third quarter, confirming signs of recovery as the pandemic's effects continued. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the Japanese economy showed some weakness in personal consumption and other areas as the COVID-19 pandemic spread in July and August, but recovered moderately overall throughout the period, including in capital investment and exports.」
The company described the impact on personal consumption and other areas during the spread of infections in July and August, while explaining that the economy recovered moderately over the period as a whole. The impact of pandemic risks continued but eased to some extent. - FY2023-Q1MitigatedAnnual report
「Revenue for the cumulative first quarter of the current consolidated fiscal year rose to ¥6,899 million, up ¥215 million, or 3.2%, year on year. The automotive-related wholesale business grew only slightly because of factors including lower new vehicle sales as the pandemic's effects eased, but revenue increased in other businesses.」
The pandemic's effects eased, and consolidated revenue rose 3.2% year on year, helped by growth in other businesses, reducing the pandemic's impact on results from the previous fiscal year. - FY2022MitigatedAnnual report
「During the current consolidated fiscal year, revenue increased to ¥34,772 million, up 12.7% year on year, as sales grew in the automotive-related wholesale business, driven by higher sales of core products such as aluminum wheels, and in the logistics business and other operations.」
Despite the continuing effects of the pandemic, consolidated revenue rose 12.7% because of higher sales in wholesale, logistics and other businesses, reducing the pandemic's impact on results from the previous fiscal year. However, uncertainty about the outlook remained. - FY2022-Q3MitigatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the Japanese economy moved back and forth from the start of the period because of the effects of the COVID-19 pandemic and other factors, but in the third quarter signs of a recovery in production and consumption emerged as activity restrictions were eased following the lifting of states of emergency and other measures.」
The lifting of states of emergency and other measures and the easing of activity restrictions led to signs of a recovery in production and consumption, partially reducing the pandemic's impact on the business environment. However, uncertainty resulting from a renewed rise in infections remained. - FY2022-Q2MitigatedAnnual report
「Revenue for the cumulative second quarter of the current consolidated fiscal year rose across the business as a whole through sales activities in each business amid recovering customer demand as the effects of the COVID-19 pandemic eased, reaching ¥13,998 million, an increase of ¥1,496 million, or 12.0%, year on year.」
Revenue increased across the business as a whole as the effects of the pandemic eased and customer demand recovered, with consolidated revenue up 12.0% year on year, reducing the pandemic's impact on results from the previous comparable period. - FY2022-Q1MitigatedAnnual report
「Revenue for the cumulative first quarter of the current consolidated fiscal year rose across the business as a whole as new vehicle sales increased amid easing effects of the COVID-19 pandemic and recovering customer demand, reaching ¥6,683 million, an increase of ¥1,110 million, or 19.9%, year on year.」
The easing effects of the COVID-19 pandemic and recovering customer demand drove revenue growth across the business, and the pandemic's impact on results was described as lower than in the previous year. However, activity restrictions continued and uncertainty about the outlook also persisted. - FY2021RestatedAnnual report
「However, as the number of infections rose again, economic recovery stalled during the fourth quarter of the current consolidated fiscal year, with a second state of emergency declared in January in the Tokyo metropolitan area and elsewhere.」
Although the pandemic-related stagnation in economic recovery continued, sales in businesses such as wholesale recovered, and the effects remained different across businesses. - FY2021-Q3MaterialisedAnnual report
「Sales in the mobile phone retail agency business fell to ¥709 million because of the impact of the spread of the COVID-19 pandemic on sales activities and other factors, a decrease of ¥116 million, or 14.1%, year on year. Revenue from the rental business fell to ¥60 million, a decrease of ¥4 million, or 6.8%. Combined revenue was ¥769 million, down ¥121 million, or 13.6%.」
The impact of the pandemic's spread on sales activities and other factors was reflected in cumulative third-quarter results as a 14.1% decline in revenue from the mobile phone retail agency business and a 13.6% decline in revenue from all other businesses. - FY2021-Q2MaterialisedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, revenue fell to ¥12,502 million, a decrease of ¥1,158 million, or 8.5%, year on year, because of market deterioration caused by the COVID-19 pandemic and constraints on sales activities, while the previous year benefited from special demand ahead of the consumption tax increase. Operating profit was ¥188 million, down 58.2%; ordinary profit was ¥228 million, down 56.5%; and net profit for the quarter attributable to owners of the parent was ¥112 million, down 62.5%.」
Market deterioration and constraints on sales activities caused by the pandemic were reflected in actual results as an 8.5% decline in consolidated revenue, a 58.2% decline in operating profit, a 56.5% decline in ordinary profit, and a 62.5% decline in net profit for the quarter attributable to owners of the parent. - FY2021-Q1MaterialisedAnnual report
「Revenue for the cumulative first quarter of the current consolidated fiscal year fell to ¥5,572 million because of market deterioration caused by the COVID-19 pandemic and constraints on sales activities, a decrease of ¥570 million, or 9.3%, year on year. Operating loss was ¥2 million, a deterioration of ¥176 million; ordinary profit was ¥2 million, a decrease of ¥241 million, or 99.1%; and net loss for the quarter attributable to owners of the parent was ¥26 million, a deterioration of ¥118 million.」
Market deterioration and constraints on sales activities caused by the COVID-19 pandemic were reflected in actual results as a 9.3% decline in consolidated revenue, an operating loss, a 99.1% decline in ordinary profit, and a net loss for the quarter attributable to owners of the parent. - FY2020First statedAnnual report
「Particularly in the next fiscal year, it is uncertain to what extent the COVID-19 pandemic will weigh on the economy and consumer trends.」
The company identified the COVID-19 pandemic independently for the first time as a major risk to the economy and consumer trends. As of the fiscal year-end, it also described deterioration in the economic environment and consumption, weak fourth-quarter sales in the mobile phone retail agency business, and restrictions on accepting new residents in the welfare business.