Uncertainty from the Spread of COVID-19
First written in FY2020-Q2. 8 of 18 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024MitigatedAnnual report
「COVID-19 is trending toward recovery compared with an earlier period, and a recovery in printing demand is expected if economic activity becomes more active going forward.」
The company indicates that the impact of the infection is trending toward recovery and expects printing demand to recover as economic activity becomes more active. - FY2024-Q2RestatedAnnual report
「During the cumulative first half, the Japanese economy remained on an uncertain outlook despite a recovery trend in personal consumption and inbound demand following the lifting of restrictions on activity after COVID-19 was reclassified as a Class 5 disease, as unstable international conditions, yen depreciation and persistently high raw material prices continued to weigh on the outlook.」
While the impact of the infection is declining and demand is trending toward recovery, the company continues to recognize that uncertainty remains due to the international situation, the weaker yen and persistently high raw material prices. - FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter, the Japanese economy remained on an uncertain outlook despite a recovery trend in personal consumption and inbound demand following the lifting of restrictions on activity after COVID-19 was reclassified as a Class 5 disease, as unstable international conditions, yen depreciation and persistently high raw material prices continued to weigh on the outlook.」
The company states that personal consumption and inbound demand are trending toward recovery following the reclassification of COVID-19 as a Class 5 disease and the lifting of activity restrictions. However, uncertainty regarding the economic outlook remains. - FY2023-Q3RestatedAnnual report
「During the cumulative first three quarters, the Japanese economy faced an uncertain outlook due to the effects of the situation in Russia and Ukraine, among other factors, although the impact of COVID-19 was trending downward.」
While indicating that the impact of COVID-19 is trending downward, the company continues to identify uncertainty regarding the economy and demand due to infectious diseases and other factors. - FY2023-Q2RestatedAnnual report
「During the cumulative first half, the Japanese economy faced an uncertain outlook due to the effects of the situation in Russia and Ukraine, among other factors, although the impact of COVID-19 was trending downward.」
The company continues to recognize that the impact of COVID-19 is trending downward, but states that uncertainty in the external environment remains. - FY2023-Q1MitigatedAnnual report
「During the cumulative first quarter, the Japanese economy faced an uncertain outlook due to the effects of the situation in Russia and Ukraine, among other factors, although the impact of COVID-19 was trending downward.」
The company states that the impact of COVID-19 is trending downward. However, uncertainty regarding the economic outlook remains due to the situation involving Russia and Ukraine and other factors. - FY2022MitigatedAnnual report
「Although the number of people infected with COVID-19 is settling at several fractions of its peak level, the company will continue, as necessary, to require thorough mask use and disinfection within its factories and restrict access to the factories by outsiders to prevent infection.」
While indicating that the number of infected people appears to be settling from its peak, the company describes its policy of continuing mask use and disinfection within its factories and restrictions on access by outsiders. - FY2022-Q3RestatedAnnual report
「During the cumulative first three quarters, the Japanese economy continued to face an uncertain outlook, as the spread of COVID-19 variants was compounded by the deteriorating situation in Russia and Ukraine as a factor weighing on economic conditions.」
The company continues to describe uncertainty regarding the outlook for the economy and printing demand due to COVID-19, particularly the spread of its variants. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, the Japanese economy remained in an uncertain condition regarding its outlook due to the global spread of COVID-19 variants and other factors.」
The company continues to describe uncertainty regarding the outlook for the economy due to the global spread of COVID-19, particularly its variants. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, the Japanese economy remained in an uncertain condition regarding its outlook due to the impact of the spread of COVID-19 and other factors.」
The company continues to describe uncertainty regarding the outlook for the economy and printing demand due to the spread of COVID-19. - FY2021Demand Recovery alongside Risk of Further SpreadAnnual report
「During the current fiscal year, net sales from March through August 2021 were on a recovery trend, with each month recording a record high.」
While continuing to disclose the risk of a decline in demand due to COVID-19, the company describes monthly net sales from March through August 2021 as record highs for each month and says that the business is on a recovery trend. - FY2021-Q4RestatedAnnual report
「In addition, since around March 2020, events have continued to be cancelled or postponed due to the impact of COVID-19, causing printing demand to decline further.」
The cancellation and postponement of events due to COVID-19 and the decline in printing demand have continued. - FY2021-Q3RestatedAnnual report
「In addition, since around March 2020, events have continued to be cancelled or postponed due to the impact of COVID-19, causing printing demand to decline further.」
The cancellation and postponement of events due to COVID-19 and the decline in printing demand have continued. The company explicitly states that there have been no material changes to its business and other risks. - FY2021-Q2Fluctuating Recovery and Risk of Further SpreadAnnual report
「The company's net sales began to decline year on year from the latter half of March 2020, but after reaching a low of 78.3% in April 2020, showed some recovery, reaching 94.7% in October, 94.8% in November, 99.4% in December and 89.3% in January 2021, all versus the corresponding prior-year months. The company makes accounting estimates and judgments based on information currently available, but it is extremely difficult to anticipate a renewed spread of COVID-19 or its effect in reducing printing demand, and the resulting situation could affect the company's future financial position and operating results.」
Although net sales showed some recovery, they fluctuated from month to month, reaching 89.3% of the prior-year level in January 2021. The company continues to identify the renewed spread of the infection and its impact on printing demand as risks that are difficult to foresee. - FY2020Continued Recovery alongside Risk of Further SpreadAnnual report
「The company's net sales began to decline year on year from the latter half of March 2020, but after reaching a low in April 2020, showed some recovery in October 2020, to 94.7% of the prior-year level. However, demand has not recovered to pre-pandemic levels, and difficult conditions are expected to continue.」
Net sales recovered to 94.7% of the prior-year level, but demand has not returned to pre-pandemic levels, and the risk of a demand decline due to a renewed spread of the infection remains. The company also describes the regular and accelerated collection of accounts receivable as a response to bad debts, and working from home, masks and gloves, and disinfection as measures to address employee infections. - FY2020-Q4Partial Demand Recovery alongside Risk of Further SpreadAnnual report
「The company's net sales began to decline year on year from the latter half of March 2020, but after reaching a low in April 2020, showed some recovery in August 2020, to 92.6% of the prior-year level. However, if domestic printing demand declines due to a renewed spread of COVID-19, this could affect the company's operating results and financial position.」
Net sales showed some recovery, reaching 92.6% of the prior-year level, while the risk of a decline in domestic printing demand due to a renewed spread of the infection remains. - FY2020-Q3MaterialisedAnnual report
「Due to the lack of visibility regarding a recovery in the printing market, it is difficult to estimate future net sales and other figures in connection with the impact of COVID-19. During the fiscal year ending October 2020, domestic printing demand declined due to the cancellation or postponement of events and the downturn in inbound consumption, among other factors.」
The lack of visibility regarding a recovery in the printing market due to COVID-19 and the decline in domestic printing demand are described as the actual business environment. - FY2020-Q2First statedAnnual report
「The outlook remains uncertain because of factors including the prolonged U.S.-China trade conflict and the spread of COVID-19.」
The spread of COVID-19 is identified for the first time as a source of uncertainty for the outlook.