Impact on Business from the Spread of Infectious Diseases, Including COVID-19
First written in FY2020. 8 of 16 entries say "Materialised", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2026RestatedAnnual report
「If an infectious disease such as novel influenza or coronavirus emerges and develops into a global pandemic, the amusement, music and video, and live entertainment businesses in particular may be significantly affected.」
The company continues to describe the risk that the spread of infectious diseases may affect its amusement, music and video, and live entertainment businesses. - FY2024-Q3SoftenedAnnual report
「In the live entertainment market, audience attendance has been recovering as the effects of the pandemic have receded.」
The live entertainment market is said to have moved beyond the impact of the pandemic, with attendance showing signs of recovery, improving the assessment of the business impact of infectious diseases. - FY2024-Q2MaterialisedAnnual report
「In the live entertainment market, audience attendance has been improving, but performance cancellations due to COVID-19, influenza and other factors continue to occur.」
Although there are signs that the impact of the infectious disease is easing, event cancellations have occurred, and the impact on the business continues. - FY2024-Q1SoftenedAnnual report
「Attendance has been improving following the easing of restrictions, including the reclassification of COVID-19 as a Class 5 disease, but recovery to previous levels is taking time.」
While attendance in the live entertainment market has been improving following the easing of restrictions related to the infectious disease, it has not yet recovered to previous levels. - FY2023SoftenedAnnual report
「In Japan's amusement market, attendance temporarily declined from July to August due to the impact of the seventh wave of COVID-19, but the market performed well, led by prize games, and recovered to its pre-pandemic scale.」
Although there was a temporary impact from the seventh wave of COVID-19, the amusement market recovered to pre-pandemic levels. The assessment of the business environment regarding the impact of infectious diseases has partially improved. - FY2023-Q3RestatedAnnual report
「The spread of COVID-19 has affected the group through facility closures and restrictions on the number of attendees at events. However, because it is difficult to accurately predict how the disease will spread in the future or when it will subside, the group has made accounting estimates, including impairment assessments, on the assumption that the impact will continue for at least a certain period. The assumptions underlying these accounting estimates have not changed materially from the previous fiscal year.」
The company continues to assume that the impacts of facility closures and restrictions on event attendance will continue for a certain period for accounting purposes. - FY2023-Q2RestatedAnnual report
「The spread of COVID-19 has affected the group through facility closures and restrictions on the number of attendees at events. However, because it is difficult to accurately predict how the disease will spread in the future or when it will subside, the group has made accounting estimates, including impairment assessments, on the assumption that the impact will continue for at least a certain period. The assumptions underlying these accounting estimates have not changed materially from the previous fiscal year.」
The company continues to assume that the impact of the infectious disease, including facility closures and restrictions on event attendance, will continue for a certain period for accounting purposes. - FY2023-Q1RestatedAnnual report
「The spread of COVID-19 has affected the group through facility closures and restrictions on the number of attendees at events. However, because it is difficult to accurately predict how the disease will spread in the future or when it will subside, the group has made accounting estimates, including impairment assessments, on the assumption that the impact will continue for at least a certain period. The assumptions underlying these accounting estimates have not changed materially from the previous fiscal year.」
The company continues to assume that the impact of the infectious disease, including facility closures and restrictions on event attendance, will continue for a certain period for accounting purposes. - FY2022-Q3RestatedAnnual report
「The live entertainment market has shown signs of recovery following the lifting of the state of emergency, but attendance has not fully recovered, leaving the market environment difficult.」
The impact of the infectious disease on the live entertainment market continues. Although there are signs of recovery, attendance has not fully returned. - FY2022-Q2MaterialisedAnnual report
「The spread of COVID-19 has affected the group through facility closures and restrictions on the number of attendees at events. However, because it is difficult to accurately predict how the disease will spread in the future or when it will subside, the group has made accounting estimates, including impairment assessments, on the assumption that the impact will continue for at least a certain period.」
The impacts of facility closures and restrictions on event attendance continue, and the company has assumed in its accounting estimates that they will continue for a certain period. - FY2022-Q1MaterialisedAnnual report
「The spread of COVID-19 has affected the group through facility closures and restrictions on the number of attendees at events. However, because it is difficult to accurately predict how the disease will spread in the future or when it will subside, the group has made accounting estimates, including impairment assessments, on the assumption that the impact will continue for at least a certain period.」
The impacts of facility closures, restrictions on event attendance and event cancellations continue, and the company has assumed for accounting purposes that they will continue for a certain period. - FY2021MaterialisedAnnual report
「Losses from cancelled performances and other losses ¥42 million」
As cancellations of stage performances and other events due to the impact of COVID-19 continued, the company recorded ¥42 million in losses from event cancellations and other items as an extraordinary loss. - FY2021-Q3MaterialisedAnnual report
「Losses from cancelled performances and other losses ¥42 million」
As cancellations of stage performances and other events due to the impact of COVID-19 continued, the company recorded ¥42 million in losses from event cancellations and other items as an extraordinary loss. - FY2021-Q2MaterialisedAnnual report
「This resulted from the cancellation of stage performances and other events due to the impact of COVID-19.」
As event cancellations due to the impact of COVID-19 continued, the company recorded ¥14 million in losses from event cancellations and other items as an extraordinary loss. - FY2021-Q1MaterialisedAnnual report
「Losses from event cancellations and other items ¥12 million」
As the spread of COVID-19 continued, market conditions deteriorated and broadcasts and events were repeatedly postponed or cancelled in the amusement, music and video, and live entertainment businesses. The company recorded ¥12 million in losses from event cancellations and other items as an extraordinary loss. - FY2020MaterialisedAnnual report
「If an infectious disease such as novel influenza or coronavirus emerges and develops into a global pandemic, the amusement, music and video, and live entertainment businesses in particular may be significantly affected.」
The company newly described infectious disease risk as a standalone item. In FY2020, actual impacts included requests to refrain from going out, facility closures, event cancellations, broadcast postponements and the recording of ¥225 million in losses from event cancellations.