Impact of COVID-19 on Market and Business Activities
First written in FY2021-Q1. 8 of 16 entries say "Softened", first in FY2021-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2026DroppedAnnual report
「Although the packaged-game market may shrink over the medium to long term as digital downloads expand, the user base has grown following the stay-at-home demand during the COVID-19 pandemic, and the global game market is growing.」
The current risk of market stagnation caused by COVID-19 is not directly mentioned; the pandemic is described as a past change in demand. - FY2025-H1SoftenedAnnual report
「In the industries related to our Group during the interim consolidated accounting period, foot traffic to commercial facilities and other locations and inbound demand are expanding. However, the outlook remains uncertain as Japan’s declining birthrate, increasingly diverse consumer needs and the digitalization of entertainment continue.」
Growth in foot traffic and inbound demand is noted, and direct references to market stagnation caused by COVID-19 are no longer present. However, uncertainty over the outlook continues. - FY2024-Q3SoftenedAnnual report
「Foot traffic to commercial facilities and other locations has recovered from the COVID-19 pandemic and inbound demand is expanding. However, the outlook remains uncertain as raw-material prices rise and Japan’s declining birthrate, increasingly diverse consumer needs and the digitalization of entertainment continue.」
The recovery in foot traffic from the COVID-19 pandemic and growth in inbound demand are noted, further weakening the description of market stagnation caused by COVID-19. However, uncertainty over the outlook remains. - FY2024-Q1SoftenedAnnual report
「In the industries related to our Group during the cumulative three-month period under review, foot traffic to commercial facilities and other locations has gradually recovered from the COVID-19 pandemic. However, the outlook remains uncertain as Japan’s declining birthrate and increasingly diverse consumer needs persist and entertainment continues to become more digitalized.」
Foot traffic to commercial facilities and other locations is described as recovering gradually from the COVID-19 pandemic, weakening the description of market stagnation caused by COVID-19. However, uncertainty over the outlook remains. - FY2023SoftenedAnnual report
「Although foot traffic to commercial facilities and other locations has recovered from the COVID-19 pandemic, conditions remain uncertain as raw-material and general prices continue to rise.」
While the description of market stagnation caused by the COVID-19 pandemic has shifted to acknowledge the recovery in foot traffic, uncertainty over the outlook remains. - FY2023-Q3SoftenedAnnual report
「In the industries related to our Group during the cumulative nine-month period under review, the transition to a new phase of living with COVID-19 progressed and signs of recovery were seen in foot traffic to commercial facilities and other locations. However, the outlook remained uncertain amid Japan’s declining birthrate, increasingly diverse consumer needs and advancing digitalization, as well as changes in the international situation and rising raw-material and consumer prices.」
The transition to a new phase of living with COVID-19 and the recovery of foot traffic to commercial facilities and other locations are noted, weakening the description of market stagnation caused by COVID-19. However, uncertainty over the outlook remains. - FY2023-Q2SoftenedAnnual report
「Meanwhile, the economy also showed signs of recovery as the transition to a new phase of living with COVID-19 progressed.」
The discussion of the impact of COVID-19 refers to the transition to a new phase of living with COVID-19 and an economic recovery, placing greater emphasis on recovery than the previous assessment, which focused solely on uncertainty over the outlook. - FY2023-Q1WorsenedAnnual report
「In the industries related to our Group during the cumulative three-month period under review, the outlook remained uncertain amid Japan’s declining birthrate, increasingly diverse consumer needs and advancing digitalization, as well as the continuing spread of COVID-19 and changes in the international situation.」
In addition to the continuing spread of COVID-19, changes in the international situation have been explicitly identified as a factor contributing to uncertainty over the outlook, adding external-environment factors to the existing COVID-19 risks. - FY2022RestatedAnnual report
「Although the industries related to the Group have shown signs of recovery from the difficult conditions caused by the spread of COVID-19, the spread continues and consumer needs are changing, leaving conditions uncertain.」
While recognizing the recovery from the impact of COVID-19, the Company continues to identify the ongoing spread of the virus, changing consumer needs and an uncertain outlook as risks. - FY2022-Q3RestatedAnnual report
「In the industries related to the Group during the cumulative third-quarter period, the outlook remained uncertain due to the impact of COVID-19, but signs of continued recovery were seen, partly because the state of emergency was lifted.」
While uncertainty over the outlook due to COVID-19 continues, the Company has reaffirmed that market conditions are continuing to recover, partly due to the lifting of the state of emergency. - FY2022-Q2SoftenedAnnual report
「In the industries related to the Group during the cumulative second-quarter period, the outlook remained uncertain due to the continuing impact of COVID-19, but signs of recovery were seen compared with the same period of the previous year, when commercial facilities closed or reduced their operating hours and product launches were delayed.」
While the impact of COVID-19 and uncertainty over the outlook remain, the market showed signs of recovery from the same period of the previous year, when commercial facilities closed or reduced their operating hours and product launches were delayed. - FY2022-Q1RestatedAnnual report
「In the industries related to the Group during the cumulative first-quarter period, the spread of COVID-19 continued, the timing of its end remained unclear, and conditions remained uncertain.」
The Company continues to describe the risks associated with the ongoing spread of COVID-19, uncertainty over when it will end, and an uncertain outlook. - FY2021RestatedAnnual report
「As the spread of COVID-19 continues, the timing of its end remains unclear, and the business environment continues to be uncertain.」
The Company has reaffirmed for the full year its assessment that the timing of the end of COVID-19 remains unclear and that the business environment continues to be uncertain. - FY2021-Q3RestatedAnnual report
「In the industries related to the Group during the cumulative third-quarter period, market conditions have been recovering gradually despite the continuing impact of COVID-19, but the end of the pandemic is still not in sight and conditions remain uncertain.」
While the impact of COVID-19 remains, market conditions are described as recovering gradually. However, the end of the pandemic is not in sight, and the assessment that the outlook remains uncertain continues. - FY2021-Q2SoftenedAnnual report
「In the industries related to the Group during the cumulative second-quarter period, stay-at-home requests, closures and reduced operating hours at commercial facilities that are business partners of the Group, product launch delays and event cancellations occurred due to the spread of COVID-19. Although market conditions have been recovering gradually since the lifting of the state of emergency, they remain difficult.」
Stay-at-home requests, commercial-facility closures and reduced hours, product launch delays and event cancellations related to COVID-19 have continued, but market conditions have shown a gradual recovery since the state of emergency was lifted. - FY2021-Q1First statedAnnual report
「In the industries related to our Group during the cumulative three-month period under review, the spread of COVID-19 resulted in requests to refrain from going out and the closure or shortened operating hours of commercial facilities. The toy market and amusement market faced a decline in touchpoints with consumers, while the video and music market was affected by postponed releases of new titles and the cancellation of events, and conditions remained difficult.」
For the first time, stay-at-home requests, closures and reduced operating hours at commercial facilities, delays in new-release launches and event cancellations associated with the spread of COVID-19 were separately described as factors that actually worsened the business environment in the toy, amusement, and video and music markets.