Expected recovery to pre-pandemic levels
First written in FY2021. 4 of 8 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2025: 2 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual report
「The domestic economy during the consolidated fiscal year from 1 April 2025 to 31 March 2026 remained on a gradual recovery trend, supported by improvements in employment and income conditions.」
The previous estimation theme, based on the assumed timing of a recovery to pre-pandemic levels, is not included in this filing. - FY2023AdvancedAnnual report
「Market conditions gradually shifted toward recovery, with sales at some stores approaching pre-pandemic levels.」
In connection with the assumption of a recovery to pre-pandemic levels, sales at some stores approached pre-pandemic levels. The company also returned to profitability for the full fiscal year. - FY2023-Q2AdvancedAnnual report
「Market conditions gradually shifted toward recovery, with sales at some stores approaching pre-pandemic levels.」
In connection with the assumption of a recovery to pre-pandemic levels, the company stated that sales at some stores had approached pre-pandemic levels. - FY2023-Q1AdvancedAnnual report
「Market conditions gradually shifted toward recovery, with sales at some stores approaching pre-pandemic levels.」
In connection with the outlook based on an expected recovery to pre-pandemic levels, the company stated that sales at some stores had approached pre-pandemic levels. - FY2022WorsenedAnnual report
「The group also achieved an extremely challenging result in both cumulative sales and profit, following the previous fiscal year.」
Although there was a temporary recovery from October onward, sales and profit for the full fiscal year remained challenging, with no confirmed recovery to pre-pandemic levels, following the previous fiscal year. - FY2022-Q3AdvancedAnnual report
「From October onward, the economy shifted to a gradual recovery trend as vaccinations progressed, with signs of a decline in the number of infections and the lifting of the state of emergency, among other developments, and signs of a recovery in consumption were observed.」
In connection with the assumption of a recovery to pre-pandemic levels, the company stated that signs of a recovery in consumption and a gradual recovery trend had been observed from October onward. - FY2022-Q2RestatedAnnual report
「From October onward, a recovery in consumption is expected as vaccination rates improve, but」
While the company indicated expectations for a recovery in consumption accompanying higher vaccination rates from October onward, it also noted downside risks from a renewed spread of infections. - FY2021First statedAnnual report
「The sales plan was prepared on the assumption that sales would recover to pre-pandemic levels around 2022. In terms of profit, the plan was based on the expectation that profits would recover to pre-pandemic levels in the fiscal year ending March 2023, partly as a result of right-sizing the business.」
As an assumption underlying the accounting estimates, the company indicated that sales were expected to recover to pre-pandemic levels around 2022 and profits were expected to recover to those levels in the fiscal year ending March 2023, partly through business right-sizing.