Impact of COVID-19 on the Supply Chain and Demand
First written in FY2020-Q2. 5 of 15 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2023.
Shobido 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 2025: 5 of 16 companies on the "Worse" side.
19 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「During the consolidated fiscal year, sales increased as the gradual post-pandemic economic recovery led to more opportunities for the young women who are the main users of our products to go out.」
The post-pandemic economic recovery and increased opportunities to go out were indicated, reducing the previous constraints on demand and commercial flows caused by the pandemic. - FY2023-Q3MitigatedAnnual report
「Restrictions on activity were eased, including the reclassification of COVID-19 under the Infectious Diseases Control Law from Category 2 to Category 5, and economic activity normalized, with commercial flows beginning to recover.」
The change in the disease's legal classification and the easing of activity restrictions reduced the previous constraints on demand and commercial flows, which began to recover along with economic activity. - FY2023-Q2MitigatedAnnual report
「As restrictions on activity due to COVID-19 were eased and economic activity normalized, commercial flows began to recover, while」
The easing of activity restrictions and the recovery trend in economic activity and commercial flows were indicated, reducing the previous constraints on demand and business caused by the pandemic. However, cost increases unrelated to the pandemic and concern over an economic downturn remain. - FY2023-Q1Transition to economic activity without activity restrictions during the eighth waveAnnual report
「The eighth wave of COVID-19 arrived and the number of infections began rising. However, amid stronger healthcare capacity and progress in vaccination, policy shifted toward balancing prevention of the spread of infection with social and economic activity, and economic activity without restrictions was promoted despite the ongoing pandemic.」
Although infections continued to rise during the eighth wave, economic activity without restrictions was promoted against a backdrop of stronger healthcare capacity and progress in vaccination, changing the environment from one centered on store closures and restrictions on travel. - FY2022Pandemic risks remain after activity restrictions are easedAnnual report
「The spread of COVID-19 reduced demand by restricting consumer travel and affected the supply chain by restricting operations at subcontractors' factories and logistics. Depending on how the situation develops, it may have a material impact on the business activities and performance of our Group.」
Although restrictions on economic activity were eased, the company continued to disclose that demand had declined and that factories and logistics had been affected, as well as the possibility of a material future impact. - FY2022-Q3MitigatedAnnual report
「As the number of COVID-19 infections began to come under control and activity restrictions were eased, consumer activity gradually moved toward normalization.」
As the number of infections came under control and activity restrictions were eased, constraints on consumer activity caused by the pandemic diminished from the previous fiscal year, and consumer activity gradually moved toward normalization. - FY2022-Q2Continued pandemic restrictions and partial recoveryAnnual report
「During the second three-month period ended in the second quarter (1 October 2021 to 31 December 2021), corporate activity and personal consumption remained restricted due to the impact of the COVID-19 pandemic. However, some signs of recovery emerged as restrictions on activity were eased following the lifting of the state of emergency and other measures at the end of September last year. More recently, concern has grown over a rapid increase in domestic infections caused by a new variant, leaving the outlook for personal consumption uncertain.」
Restrictions on corporate activity and personal consumption continued, while some recovery was seen as activity restrictions were eased. The outlook remained uncertain amid concern over a rapid increase in infections caused by a new variant. - FY2022-Q1WorsenedAnnual report
「During the first three-month period ended in the first quarter (1 October 2021 to 31 December 2021), corporate activity and personal consumption remained restricted due to the impact of the COVID-19 pandemic. However, some signs of recovery emerged as restrictions on activity were eased following the lifting of the state of emergency and other measures at the end of September last year. More recently, concern has grown over a rapid increase in domestic infections caused by a new variant, leaving the outlook for personal consumption uncertain.」
While easing activity restrictions led to some recovery, restrictions on corporate activity and personal consumption continued, alongside concern over a rapid increase in infections caused by a new variant. - FY2021WorsenedAnnual report
「Economic activity continued to stagnate as the global COVID-19 pandemic led to the issuance of government declarations of a state of emergency and restrictions on the operations of retail and other stores. It will still take considerable time for the economy to recover to pre-pandemic levels.」
Restrictions on store operations and economic stagnation due to the pandemic continued, and management indicated that recovery to pre-pandemic levels would take considerable time. - FY2021-Q3WorsenedAnnual report
「During the nine-month period ended in the third quarter, Japan's economy remained subject to severe restrictions on social and economic activity due to the impact of COVID-19 in Japan and overseas, including the implementation of a third declaration of a state of emergency and priority measures to prevent the spread of disease.」
Restrictions on social and economic activity due to the pandemic continued through the third declaration of a state of emergency and the implementation of priority measures to prevent the spread of disease. Reduced opportunities to go out, store closures and shortened business hours continued to affect demand. - FY2021-Q2MaterialisedAnnual report
「In light of intensifying price competition and the impact of the global spread of COVID-19, we determined that a recovery in performance could not be expected even over the medium term and transferred all shares in 台湾粧美堂 held by the company.」
The impact of the pandemic on the outlook for earnings recovery materialized as a specific business separation: the transfer of all shares in the Taiwanese subsidiary. - FY2021-Q1WorsenedAnnual report
「Although the number of COVID-19 infections remained high from the summer onward even after the state of emergency was lifted, the difficult situation continued as infections began rising again from November.」
The number of infections began rising again, and the pandemic continued to affect demand and the business environment. In addition to the supply-chain and demand impacts that occurred in the previous fiscal year, a renewed spread of infections was indicated. - FY2020MaterialisedAnnual report
「The spread of COVID-19 affected the supply chain as operations at subcontractors' factories and logistics were restricted. In addition, consumer travel was restricted following the declaration of a state of emergency, and demand for our products declined as retail stores voluntarily curtailed operations.」
The company explained that supply-chain disruption and declining demand had actually occurred as part of the full-year business environment. Procurement from China was temporarily disrupted, but the impact remained limited because the outbreak was brought under control at an early stage. - FY2020-Q3WorsenedAnnual report
「The spread of COVID-19 affected the supply chain as operations at subcontractors' factories and logistics were restricted. In addition, consumer travel was restricted following the declaration of a state of emergency, and demand for our products declined as retail stores voluntarily curtailed operations. The number of infections has recently begun rising again, and depending on how the situation develops, it may have a material impact on the business activities and performance of our Group.」
The company added that supply-chain disruption and declining demand had actually occurred, that the number of infections had recently begun rising again, and that the pandemic could materially affect future business activities and performance. - FY2020-Q2First statedAnnual report
「Since January 2020, the spread of COVID-19, which originated in Wuhan, China, has affected the supply chain by restricting the operations of subcontractors' factories and logistics. In addition, consumer travel has been restricted following the declaration of a state of emergency, and demand for our products has declined as retail stores have voluntarily curtailed operations. Depending on how the situation develops, it may have a material impact on the business activities and performance of our Group.」
The company stated that COVID-19 had already affected the supply chain through restrictions on subcontractor factory operations and logistics, while demand had declined because of restrictions on travel and the voluntary suspension of retail-store operations.