Supply, Demand and Financial Impacts of COVID-19
First written in FY2020. 7 of 15 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2025.
Cleanup 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".
- FY2025MitigatedAnnual report
「The Group has established its Crisis Management Regulations and Infectious Disease Countermeasures Guidelines, setting out measures to prepare for infectious diseases and procedures to be followed after an outbreak. It prioritizes the safety of customers, business partners, employees and their families, and is working to minimize the impact on its operations.」
No past losses related to infectious diseases are reported, while advance measures under the Crisis Management Regulations, Infectious Disease Countermeasures Guidelines and other policies continue. - FY2024-Q2MitigatedAnnual report
「During the six months of the current consolidated fiscal year, the Japanese economy saw progress toward the full normalization of social and economic activity following the lifting of COVID-19-related restrictions.」
The lifting of COVID-19-related restrictions and progress toward normalizing social and economic activity are indicated, with the infection's impact on economic activity described as having eased from previously reported levels. - FY2024-Q1MitigatedAnnual report
「During the first quarter of the current consolidated fiscal year, the Japanese economy saw progress toward the full normalization of social and economic activity following the lifting of COVID-19-related restrictions.」
The lifting of COVID-19-related restrictions and progress toward normalizing social and economic activity are described, indicating that the infection's impact on economic activity had eased from previously reported levels. - FY2023MitigatedAnnual report
「Special losses amounted to ¥96 million, a decrease of ¥9 million from the previous consolidated fiscal year, mainly due to a decline in losses related to COVID-19.」
Losses related to COVID-19 fell from ¥19 million in the previous fiscal year to zero in the current fiscal year, reducing the infection's financial impact from the previous fiscal year. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, the Japanese economy gradually showed signs of recovery as restrictions were eased to facilitate the resumption of socioeconomic activity, although the effects of repeated waves of COVID-19 continued.」
It states that while the effects of COVID-19 continue, the economy is gradually showing signs of recovery as restrictions on activities are eased. - FY2023-Q1MitigatedAnnual report
「During the cumulative first quarter under review, Japan’s economy was on a recovery trend as the number of novel coronavirus cases was brought under control and restrictions on activity were eased, but the outlook remained uncertain due to the prolonged situation in Ukraine and the rapid rise in resource prices.」
The company described an economic recovery trend resulting from efforts to contain COVID-19 infections and ease activity restrictions, indicating that the pandemic's impact on economic activity had eased from the previous situation. It stated that there had been no material changes in the assumptions underlying accounting estimates. - FY2022MitigatedAnnual report
「Extraordinary losses totaled ¥105 million, a decrease of ¥239 million from the previous consolidated fiscal year, mainly due to a decrease in COVID-19-related losses.」
COVID-19-related losses totaled ¥19 million, down from ¥269 million in the previous fiscal year. The company continued to disclose the pandemic risk and its potential impact on supply and demand. - FY2022-Q3MaterialisedAnnual report
「Losses attributable to COVID-19 14」
The company recognized ¥14 million in COVID-19-related losses for the nine-month period of the current fiscal year, and the pandemic's financial impact continued to materialize as an actual loss. - FY2022-Q2MaterialisedAnnual report
「Losses attributable to COVID-19 9」
The company recognized ¥9 million in COVID-19-related losses for the six-month period of the current fiscal year, and the pandemic's financial impact continued to materialize as an actual loss. The impact has been quantified. - FY2022-Q1MaterialisedAnnual report
「Losses attributable to COVID-19 5」
The company recognized ¥5 million in COVID-19-related losses during the quarter, and the pandemic's financial impact continued to materialize as an actual loss. - FY2021MaterialisedAnnual report
「Losses attributable to COVID-19 269」
The company recognized ¥269 million in COVID-19-related losses for the full fiscal year, meaning the pandemic's impact on supply, demand and finances materialized as an actual loss. It also disclosed the assumption that the impact from the next fiscal year onward would be limited. - FY2021-Q3MaterialisedAnnual report
「Losses attributable to COVID-19 264」
The company recognized ¥264 million in COVID-19-related losses, meaning the pandemic's impact on supply, demand and finances materialized as an actual loss. - FY2021-Q2MaterialisedAnnual report
「Losses attributable to COVID-19 258」
The company recognized ¥258 million in COVID-19-related losses, meaning the impact of the pandemic materialized as an actual loss. It also disclosed the potential for a prolonged pandemic to affect accounting estimates. - FY2021-Q1MaterialisedAnnual report
「During the first quarter of the current consolidated fiscal year, the Japanese economy was significantly affected by the spread of COVID-19, which affected economic activity and personal consumption, and the outlook remained extremely uncertain. Losses attributable to COVID-19 79」
In addition to the impact of COVID-19 on economic activity and personal consumption, the company recognized ¥79 million in COVID-19-related losses as an extraordinary loss during the quarter, meaning the risk materialized as an actual loss. - FY2020First statedAnnual report
「In preventing COVID-19 infections, the Group has made the safety of customers, business partners, employees and their families its top priority and has continued operating while taking measures in line with requests from the national and local governments, including promoting telework and temporarily closing showrooms. Depending on developments going forward, delays in product supply and a decline in sales due to sluggish personal consumption may affect the Group's operating performance and financial position.」
The company disclosed the potential for COVID-19 to cause product supply delays, lower sales due to sluggish personal consumption, and impacts on operating performance and financial position as new major risks.