Impact of COVID-19 on Business Activities and Demand
First written in FY2021-Q1. 3 of 12 entries say "Worsened", first in FY2021-Q2. Latest entry: FY2025.
Kamei 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: 103 of 145 companies on the "Worse" side.
35 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual reportThe FY2025 discussion of business and other risks and operating results does not identify the impact of COVID-19 on business activities and demand as a standalone issue.
- FY2024-Q2MitigatedAnnual report
「As the transition of COVID-19 to Category 5 eased the restraint on visits to medical institutions, prescription volumes grew steadily, supported by the expansion of the store network through new openings and initiatives to become the family pharmacists and pharmacies selected by local residents.」
The transition of COVID-19 to Category 5 and the easing of restraint on medical visits reduced the impact on demand for the pharmacy business. - FY2023MitigatedAnnual report
「As restrictions related to COVID-19 were gradually eased, sales to restaurants in the food business recovered, as did business and leisure demand for rental cars in the automotive-related business. As a result, COVID-19 did not have a material impact on operating results for the current consolidated fiscal year.」
While regulatory easing and the recovery in demand limited the material impact on results for the current fiscal year, the impact is expected to continue at least until around March 2024. - FY2023-Q3RestatedAnnual report
「However, the impact of the spread of COVID-19 involves many uncertainties and could affect our group's financial position and operating results from the current consolidated fiscal year onward.」
The impact of COVID-19 involves many uncertainties, and the potential impact on the financial position and operating results from the current fiscal year onward continues to be disclosed. - FY2023-Q1RestatedAnnual report
「However, the impact of the spread of COVID-19 involves many uncertainties and could affect our group's financial position and operating results from the current consolidated fiscal year onward.」
The impact of COVID-19 involves many uncertainties, and the potential impact on the financial position and operating results from the current fiscal year onward continues to be disclosed. - FY2022-Q3Recovery efforts alongside renewed spread driven by variantsAnnual report
「During the third quarter cumulative consolidated period, the global economy showed signs of recovery as vaccinations against COVID-19 progressed, but the outlook remained uncertain as infections continued to spread rapidly again due to new variants. The domestic economy was also in a difficult situation, as the impact of COVID-19 persisted and concerns grew over the renewed spread of infections caused by new variants.」
While vaccinations supported signs of recovery, concerns grew over renewed spread caused by new variants and the prolonged impact, resulting in a difficult economic environment. - FY2022-Q2WorsenedAnnual report
「During the second quarter cumulative consolidated period, the global economy showed signs of recovery, with vaccinations against COVID-19 progressing and economic activity resuming in some regions, but the outlook remained uncertain as infections continued to spread due to variants. The domestic economy was also in a difficult situation, as economic activity was restricted by the intermittent issuance of state of emergency declarations and similar measures in response to the spread of COVID-19.」
While some regions showed signs of recovery, the spread of infections caused by variants and restrictions on economic activity under state of emergency declarations and similar measures in Japan continued. - FY2022-Q1Signs of recovery alongside the spread of infections and economic restrictionsAnnual report
「During the first quarter cumulative consolidated period, the global economy showed signs of recovery, with economic activity resuming in some regions following COVID-19 vaccinations, but the spread of infections continued and the outlook remained uncertain. The domestic economy was also in a difficult situation, as economic activity was significantly restricted by measures including the reissuance of the state of emergency declaration.」
While signs of recovery emerged in some regions following vaccinations, the spread of infections and restrictions on economic activity under the state of emergency declaration continued. - FY2021WorsenedAnnual report
「To fulfill its role as a general trading company rooted in local communities and serving people's daily lives, our group has made the safety of customers and employees its top priority, promoted thorough hygiene management, staggered working hours and telework, and continued operations while implementing measures to prevent infection and the spread of infections. However, if employees become infected with COVID-19, operations could be disrupted, including through the temporary closure of stores and business offices. In addition, if business partners suffer personnel, physical or financial impediments due to the impact of COVID-19, resulting in instability in product supplies or fluctuations in purchase prices, our transactions with those partners could be affected.」
Specific channels of impact have been added, including the closure of stores and business offices due to employee infections and fluctuations in suppliers' product supplies and purchase prices. - FY2021-Q3RestatedAnnual report
「The domestic economy was also in an extremely difficult situation, as the spread of COVID-19 continued and the stagnation of economic activity and economic deterioration persisted.」
The prolonged stagnation of economic activity and economic deterioration caused by COVID-19 continues to be identified as a risk to business activities and demand. - FY2021-Q2WorsenedAnnual report
「Conditions became extremely difficult due to stagnation in economic activity and a rapid deterioration in economic conditions caused by the impact of COVID-19, along with concerns over further spread and prolonged effects.」
The impact of COVID-19 has continued, with economic activity stagnating and the economy deteriorating rapidly, while concerns have grown over the spread of infections and their prolonged duration. - FY2021-Q1MaterialisedAnnual report
「Although the spread of COVID-19 placed significant constraints on business activities, the company worked to ensure a stable supply of products and continue providing services while prioritising the safety of customers and employees and preventing further spread of the infection.」
Constraints on business activities, lower demand and movement restrictions resulting from the spread of COVID-19 actually occurred and affected sales and profits in multiple businesses.