Demand, Operations and Supply Chain Risks from the Spread of COVID-19
First written in FY2020. 7 of 12 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2024-Q1.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024-Q1MitigatedAnnual report
「The Health Care segment reported lower revenue, as thermometer demand declined following the containment of COVID-19 and the number of blood pressure monitors sold decreased after price increases.」
As COVID-19 subsided, thermometer demand, which had expanded during the spread of the virus, declined on a post-boom basis, while operating and demand risks associated with the spread of the virus decreased. - FY2023MitigatedAnnual report
「The Health Care segment reported lower revenue, as demand for thermometers declined in each market following the containment of COVID-19 and sales of blood pressure monitors declined after price increases were implemented.」
As COVID-19 subsided, the sharp increase in thermometer demand during the pandemic declined. While operating and demand risks associated with the spread of the virus decreased from previous levels, the Health Care segment experienced a post-boom decline. - FY2023-Q3MitigatedAnnual report
「Losses attributable to COVID-19 162 7」
Losses attributable to COVID-19 decreased from ¥162 million in the same period of the previous year to ¥7 million. Losses related to the suspension of operations at factories, stores and other facilities continued to be recorded, but the amount of the impact declined. - FY2023-Q2MitigatedAnnual report
「Losses attributable to COVID-19 162 4」
Losses attributable to COVID-19 decreased from ¥162 million in the same period of the previous year to ¥4 million. Losses resulting from suspended operations and other effects continued to be recorded, but the amount of the impact declined. - FY2023-Q1MitigatedAnnual report
「Losses attributable to COVID-19 75 2」
Losses attributable to COVID-19 decreased from ¥75 million in the same period of the previous year to ¥2 million, but the recording of losses resulting from the suspension of operations at factories, stores and other facilities continued. - FY2022-Q3RestatedAnnual report
「Fixed costs and other expenses associated with the suspension of operations at factories, stores and other facilities due to the spread of COVID-19 have been recorded as extraordinary losses attributable to COVID-19.」
The company continued to record losses related to the suspension of operations at factories, stores and other facilities due to COVID-19. The cumulative amount for the first 3 quarters was ¥162 million. - FY2022-Q2MitigatedAnnual report
「Losses attributable to COVID-19 2,280 162」
Losses attributable to COVID-19 amounted to ¥162 million, down from ¥2,280 million in the same period of the previous year. However, losses resulting from suspended operations and other effects continued. - FY2022-Q1MitigatedAnnual report
「Losses attributable to COVID-19 2,034 75」
Losses attributable to COVID-19 resulting from the suspension of operations at factories, stores and other facilities amounted to ¥75 million, down from ¥2,034 million in the same period of the previous year. However, the effects of COVID-19 itself continued. - FY2021-Q3MaterialisedAnnual report
「Losses attributable to COVID-19 － 2,604」
Losses attributable to COVID-19 of ¥2,604 million, incurred as fixed costs and other expenses resulting from the suspension of operations at factories, stores and other facilities, were recorded as extraordinary losses. The risk from the spread of COVID-19 continues to materialise as actual losses. - FY2021-Q2MaterialisedAnnual report
「Fixed costs and other expenses associated with the suspension of operations at factories, stores and other facilities due to the spread of COVID-19 have been recorded as extraordinary losses attributable to COVID-19.」
Fixed costs and other expenses of ¥2,280 million resulting from the suspension of operations at factories, stores and other facilities were recorded as extraordinary losses attributable to COVID-19, showing that the impact of the continuing spread of the virus continued to materialise as actual losses. - FY2021-Q1MaterialisedAnnual report
「Fixed costs and other expenses associated with the suspension of operations at factories, stores and other facilities due to the spread of COVID-19 have been recorded as extraordinary losses attributable to COVID-19.」
Fixed costs and other expenses of ¥2,034 million resulting from the suspension of operations at factories, stores and other facilities due to the spread of COVID-19 were recorded as extraordinary losses, showing that the risk had materialised as an actual loss. - FY2020MaterialisedAnnual report
「In addition, if restrictions on movement, store closures or reduced operating hours, supply chain disruptions and other effects of the global spread of COVID-19 become more severe and prolonged, the resulting deterioration in global consumer sentiment could affect future business performance.」
Restrictions on movement, store closures and supply chain disruptions caused by the spread of COVID-19 were identified as new major risks, and their actual impact was described as a factor behind the sharp decline in revenue from watches, machine tools and other products during the fiscal year.