Impact of COVID-19 and Pandemics on Economic Activity and Production and Logistics Functions
First written in FY2020. 6 of 14 entries say "Softened", first in FY2022. Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The deterioration of supply chains caused by a pandemic and higher expenses resulting from soaring energy prices and other factors may affect the operating results and financial position of the group.」
Even after the impact of infectious diseases on economic activity had eased, the deterioration of supply chains caused by the pandemic and soaring energy prices continued to be described as future risks. - FY2024-Q3SoftenedAnnual report
「During the nine-month period ended 31 December, the Japanese economy was on a gradual recovery trend as economic activity normalised following the easing of restrictions on activities prompted by COVID-19, with signs of a recovery in personal consumption, although」
The disclosure refers to the easing of restrictions on activities prompted by COVID-19, progress toward normalisation of economic activity and a recovery in personal consumption, using language indicating that the impact of restrictions on economic activity due to infectious diseases had eased further. - FY2024-Q2SoftenedAnnual report
「During the six-month period ended 30 September, the Japanese economy was on a gradual recovery trend in social activity following the reclassification of COVID-19, although」
The disclosure states that social activity was on a gradual recovery trend following the reclassification of COVID-19, using language indicating that the impact of restrictions on economic activity due to infectious diseases had eased from before. - FY2024-Q1SoftenedAnnual report
「Following the lifting of restrictions on activities related to COVID-19, economic activity resumed and signs of a gradual recovery, led by personal consumption, emerged, although」
The disclosure indicates that the lifting of restrictions on activities, the resumption of economic activity and signs of a recovery led by personal consumption have mitigated the impact of restrictions on economic activity due to infectious diseases from before. At the same time, supply chain issues stemming from inventory increases during the pandemic continue. - FY2023-Q3SoftenedAnnual report
「Following the government's lifting of restrictions on activities related to COVID-19, there were signs of recovery under the policy of living with COVID-19, partly due to the effects of various government measures, although」
The disclosure indicates a recovery in economic activity after restrictions on activities were lifted, with the impact of restrictions on economic activity due to infectious diseases partly mitigated from the previous fiscal year. At the same time, impacts overseas, including a sharp increase in infections, remain. - FY2023-Q1SoftenedAnnual report
「Although the company is gradually recovering from COVID-19 and customer order volumes are showing a gradual upward trend, the business environment remains challenging due to the global disruption of supply chains,」
The disclosure indicates a gradual recovery from infectious diseases and a gradual upward trend in customer order volumes, with some mitigation from the substantial deterioration in performance caused by infectious diseases in the previous fiscal year. At the same time, the challenging business environment caused by supply chain disruption continues. - FY2022SoftenedAnnual report
「There was also a gradual increase in orders as economic activity recovered following the slowdown in the spread of COVID-19,」
The impact of infectious diseases continues to be described, but the disclosure indicates a slowdown in the spread of infections, a recovery in economic activity and a gradual increase in orders, stating that the impact was partly mitigated from the substantial decline in revenue and expansion of losses in the previous fiscal year. - FY2022-Q3WorsenedAnnual report
「However, the outlook remains uncertain due to the spread of the Omicron variant since the end of the year, high crude oil prices, yen depreciation and soaring prices for various materials.」
Regarding the risk from infectious diseases, the spread of the Omicron variant from the end of the year is explicitly identified as an actual source of uncertainty, replacing the previous concerns about renewed spread and variants. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan's economy remained in a difficult situation as the periods covered by states of emergency and priority preventive measures were extended, mainly in major metropolitan areas, due to the spread of COVID-19, depressing personal consumption and restraining economic activity. Although the progress of vaccinations and the lifting of states of emergency and other measures provided some positive signs, the outlook remained uncertain amid growing downside risks from surging crude oil and other material prices.」
Restrictions on economic activity due to the spread of infectious diseases and states of emergency continued, and the risk from infectious diseases remained ongoing. At the same time, the disclosure also refers to signs of improvement from the progress of vaccinations and the lifting of states of emergency. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan's economy remained in a difficult environment as the resurgence of COVID-19 led to restrictions on economic activity, including the repeated issuance of states of emergency. At the same time, there were some positive developments, including the start of vaccinations in Japan and overseas and signs of a recovery in some economic activities. Nevertheless, the outlook remained uncertain amid concerns over the spread of new variants.」
Restrictions on economic activity due to the resurgence of infectious diseases and states of emergency continued, and concerns were also raised about the spread of variants. At the same time, the disclosure refers to the start of vaccinations and a recovery in some economic activity, while the risk remains ongoing. - FY2021WorsenedAnnual report
「Due to the spread of COVID-19, the company's revenue declined as revenue at the company and its consolidated subsidiaries fell, resulting in a substantial decrease in revenue to ¥12,966 million (¥15,859 million in the previous consolidated fiscal year), while operating loss was ¥551 million (operating income of ¥228 million in the previous consolidated fiscal year).」
The impact of infectious diseases materialised in the full-year results, with company-wide revenue declining and operating income turning from a profit into a loss of ¥551 million. - FY2021-Q3WorsenedAnnual report
「Due to the impact of COVID-19, sales at the company and its consolidated subsidiaries declined, resulting in a substantial decrease in revenue to ¥8,093 million (¥9,517 million in the same quarter of the previous year). On the earnings front, the company reported a substantial decline in profit, with an operating loss of ¥420 million (operating profit of ¥82 million in the same quarter of the previous year).」
The impact of infectious diseases has continued, with a substantial decline in revenue and an operating loss materialising in the synthetic resin moulding-related business. Compared with the impact through the previous quarter, the effect on earnings has deepened. - FY2021-Q1MaterialisedAnnual report
「Due to the impact of COVID-19, sales at the company and its consolidated subsidiaries declined, resulting in a substantial decrease in revenue to ¥2,216 million (¥3,004 million in the same quarter of the previous year). On the earnings front, the company reported a substantial decline in profit, with an operating loss of ¥156 million (an operating loss of ¥54 million in the same quarter of the previous year).」
The risk of reduced economic activity due to infectious diseases described in the previous fiscal year is stated to have materialised as an earnings impact, namely a substantial decline in revenue and an expansion of the operating loss in the synthetic resin moulding-related business. - FY2020First statedAnnual report
「Since the outbreak of COVID-19 in early 2020, economic activity has contracted worldwide, and the economy has come under very strong downward pressure in the near term,」
The contraction of the global economy caused by the spread of COVID-19 is described as an actual impact. The disclosure also identifies possible disruptions to production and logistics functions, factory shutdowns and difficulties supplying customers, together with response measures.