Economic and Demand Downturn Risks from COVID-19
First written in FY2020. 7 of 15 entries say "Softened", first in FY2022-Q3. Latest entry: FY2024-Q3.
Nakamoto Packs 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 2020: 112 of 175 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「The easing of restrictions on behavior related to COVID-19 and the lifting of entry restrictions from overseas have significantly increased the movement of people, with economic activity normalizing and the recovery trend continuing.」
The easing of restrictions on behavior and entry restrictions related to the infection and the normalization of economic activity have continued, and the current assessment of the risk of economic and demand weakness caused by the infection remains eased, as in the previous assessment. - FY2024-Q2SoftenedAnnual report
「The easing of restrictions on behavior related to COVID-19 and the lifting of entry restrictions from overseas have significantly increased the movement of people, with economic activity normalizing and the recovery trend continuing.」
The easing of restrictions on behavior and entry restrictions, the increase in the movement of people, and the normalization of economic activity are described, indicating that the current assessment of the risk of economic and demand weakness caused by COVID-19 has eased. - FY2024-Q1SoftenedAnnual report
「The easing of restrictions on behavior and entry restrictions from overseas in response to the impact of COVID-19 has significantly increased the movement of people and set economic activity on a path toward normalization.」
The easing of restrictions on behavior and entry restrictions, the increase in the movement of people, and the normalization of economic activity are described, indicating that the current assessment of the risk of economic and demand weakness caused by COVID-19 has eased. - FY2023SoftenedAnnual report
「The easing of restrictions on behavior and entry restrictions from overseas in response to the impact of COVID-19 has set economic activity on a path toward normalization.」
The easing of restrictions related to the infection, restrictions on behavior and entry restrictions, together with the normalization of economic activity, are described, indicating that the current assessment of the risk of economic and demand weakness caused by the infection has eased. - FY2023-Q3RestatedAnnual report
「The impact of COVID-19 has eased, and demand for products used in containers and trays for takeout and delivery, which have a wide range of applications, has stabilized.」
The easing of the impact of the infection and the stabilization of takeout and delivery demand are described, as in the previous quarter. - FY2023-Q2SoftenedAnnual report
「The impact of COVID-19 has eased, and demand for products used in containers and trays for takeout and delivery, which have a wide range of applications, has stabilized.」
The impact of the infection has eased, and demand for takeout and delivery has stabilized. Meanwhile, across the economy, infections continue to resurge due to new variants. - FY2023-Q1SoftenedAnnual report
「The impact of COVID-19 has eased, and demand for products used in containers and trays for takeout and delivery, which have a wide range of applications, has stabilized.」
The impact of the infection has eased and the economy has moved toward normalization, with takeout and delivery demand described as having stabilized. However, localized effects, including lockdowns in China, remain. - FY2022SoftenedAnnual report
「Although the impact of COVID-19 remains, our group believes that recovery toward a return to normal from the COVID-19 pandemic will continue.」
While stating that the impact of the infection remains, the company now expresses its expectation of recovery toward a return to normal from the COVID-19 pandemic, indicating that its current assessment of the risk of economic and demand weakness has eased from the previous assessment. - FY2022-Q3SoftenedAnnual report
「Although restrictions on activities were eased and economic activity has gradually resumed since the state of emergency was lifted in October, the outlook is expected to remain uncertain due to factors including the emergence of new variants.」
The easing of restrictions on behavior and the resumption of economic activity after the state of emergency was lifted have somewhat eased the impact of the infection from the extremely severe conditions in the previous quarter. However, uncertainty over the outlook continues due to new variants. - FY2022-Q2RestatedAnnual report
「The Japanese economy during the second-quarter cumulative consolidated period remained in a difficult situation due to the impact of COVID-19. There is still no clear prospect of containment, as a state of emergency was reissued from July, and the outlook is expected to remain extremely challenging for the time being.」
The severity of the economic environment caused by the infection, the reissuance of a state of emergency, and uncertainty over when the outbreak will end continue to be described. - FY2022-Q1RestatedAnnual report
「The Japanese economy during the first-quarter cumulative consolidated period remained in a difficult situation due to the impact of COVID-19. There is still no clear prospect of containment, as a state of emergency was reissued in March, and the outlook is expected to remain extremely challenging for the time being.」
The severity of the economic environment caused by the infection, the reissuance of a state of emergency, and uncertainty over when the outbreak will end continue to be described. - FY2021-Q3WorsenedAnnual report
「Conditions are expected to remain extremely severe for the time being, including signs of production adjustments due to the resurgence of COVID-19.」
While the impact of the infection continues, production adjustments due to its resurgence and an extremely severe outlook are explicitly stated. - FY2021-Q2MaterialisedAnnual report
「Although some signs of a recovery in personal consumption have emerged, it has remained at a low level due to the impact of the infection. Corporate earnings have also continued to decline sharply, and conditions are expected to remain extremely severe for the time being.」
Weak demand and declining corporate earnings caused by COVID-19 have continued, with the impact lasting longer than initially expected. - FY2021-Q1MaterialisedAnnual report
「As the impact of COVID-19 included the temporary suspension of operations at factories in China, among other effects,」
The impact of COVID-19, identified as a risk for the following fiscal year in the previous fiscal year, has actually materialized as temporary suspensions at Chinese factories, changes in demand by application, and declines in revenue and profit. - FY2020First statedAnnual report
「During the fiscal year ending February 2021, Japan's economy was expected to see lower services consumption and weak inbound demand due to the impact of COVID-19, and GDP growth was expected to turn negative. There were also concerns that the spread of the infection could be prolonged.」
The impact of COVID-19 on services consumption, inbound demand and GDP, together with the risk of a prolonged outbreak, is described for the first time as a new economic and business-environment risk for the following fiscal year.