Risk of declining demand in major markets due to the spread of COVID-19
First written in FY2020. 4 of 11 entries say "Mitigated", first in FY2022-Q3. Latest entry: FY2025.
The whole theme swung hardest in 2020: 112 of 175 companies on the "Worse" side.
55 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual reportThe principal risks and operating environment section of this filing does not identify declining demand in major markets due to the spread of COVID-19 as a separate risk.
- FY2024-Q1MitigatedAnnual report
「The Japanese economy during the cumulative first quarter under review has recovered following the lifting of restrictions after the reclassification of COVID-19 as a Class 5 disease, but uncertainty remains high due to factors including US-China economic friction, the prolonged situation in Ukraine, global inflation and the ongoing depreciation of the yen.」
The domestic economy was recovering as COVID-19 was reclassified to Category 5 and restrictions on activities were lifted. The risk of declining demand in major markets due to the spread of infections had decreased further from the previous deterioration phase. - FY2023-Q3MitigatedAnnual report
「During the nine-month cumulative period of the current fiscal year, the Japanese economy was recovering as efforts to contain COVID-19 progressed alongside the resumption of economic activity.」
The Company stated that the domestic economy was recovering as efforts to contain COVID-19 progressed alongside economic activity. The risk of declining demand in major markets due to the spread of infections continued to decrease. - FY2023-Q1MitigatedAnnual report
「During the three-month cumulative period of the current fiscal year, the Japanese economy remained on a recovery track as the impact of COVID-19 gradually eased.」
As the impact of COVID-19 gradually eased, the economy remained on a recovery track. The risk of declining demand in major markets due to the spread of infections continued to decrease from the situation through the previous fiscal year. - FY2022-Q3MitigatedAnnual report
「During the nine-month cumulative period of the current fiscal year, the Japanese economy remained on a recovery track as the impact of COVID-19 gradually eased worldwide, supported by progress in vaccinations and the lifting of the state of emergency in October.」
As the impact of COVID-19 gradually eased, the economy entered a recovery trend against a backdrop of vaccinations and the lifting of the state of emergency. All 4 main business areas also exceeded the same period of the previous year, and the risk of declining demand in major markets had decreased from the situation through the previous quarter. - FY2022-Q2Manufacturing recovery amid a resurgence of infectionsAnnual report
「During the second-quarter cumulative consolidated period, Japan's economy showed clear polarization across industries: services for consumers remained sluggish owing to the resurgence of the novel coronavirus, while manufacturing continued to recover as the global economy picked up.」
While weakness continued in consumer services because of the resurgence of COVID-19 infections, manufacturing entered a recovery trend. All 4 main business areas exceeded the same period of the previous year, and the impact on major markets varied by business area. - FY2022-Q1Resurgence of infections alongside manufacturing recoveryAnnual report
「During the first-quarter cumulative consolidated period, Japan's economy showed clear polarization across industries: services for consumers remained sluggish owing to the resurgence of the novel coronavirus, while manufacturing continued to recover as the global economy picked up.」
While weakness continued in consumer services because of the resurgence of COVID-19 infections, manufacturing entered a recovery trend. Results in all 4 main business areas exceeded those of the same period of the previous year, and the impact varied by business area. - FY2021-Q3RestatedAnnual report
「All 3 of the Group's main business areas, industrial equipment-related products, automotive electrical equipment-related products and amusement equipment-related products, reported lower revenue year on year.」
While the impact of COVID-19 continued, all 3 main business areas, industrial equipment, automotive electrical equipment and amusement equipment, reported lower revenue year on year, and the impact on major markets continued. - FY2021-Q2RestatedAnnual report
「Under these circumstances, all 3 of the Group's main business areas, industrial equipment-related products, automotive electrical equipment-related products and amusement equipment-related products, reported lower revenue year on year.」
Under the impact of COVID-19, all 3 main business areas, industrial equipment, automotive electrical equipment and amusement equipment, reported lower revenue year on year, and the impact on major markets continued. - FY2021-Q1WorsenedAnnual report
「Under these circumstances, all 3 of the Group's main business areas, industrial equipment-related products, automotive electrical equipment-related products and amusement equipment-related products, performed weakly compared with the same quarter of the previous year.」
Under the impact of the spread of COVID-19, all 3 main business areas performed weakly year on year, and the impact on major markets continued to expand. - FY2020MaterialisedAnnual report
「The global and Japanese economies are expected to remain in an increasingly severe and uncertain condition as the spread of the novel coronavirus continues. Further deterioration in economic conditions is also a concern for the Group's major markets, namely industrial equipment, automotive electrical equipment and amusement equipment, which are expected to be significantly affected.」
The Company identified, for the first time as a standalone theme, the deterioration of the global and Japanese economies, declining demand in major markets and the potential impact on results for the following fiscal year resulting from the spread of COVID-19. It stated that restrictions on economic activity actually occurred worldwide in the fourth quarter of the current fiscal year.