Booking Cancellations and Closures Due to the Spread of COVID-19
First written in FY2020. 6 of 15 entries say "Mitigated", first in FY2022-Q3. Latest entry: FY2025-Q1.
Totenko 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: 6 of 13 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2025-Q1RestatedAnnual report
「During the first quarter under review, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial condition, operating results or cash flows, among the matters concerning business conditions, financial conditions and other matters described in the quarterly securities report, or in the section titled "Business and Other Risks" in the securities report for the previous fiscal year.」
It is stated that there have been no material changes to the existing risks relating to the spread of COVID-19. - FY2024MitigatedAnnual report
「Because restrictions on socioeconomic activity were lifted following the transition of COVID-19 to a Class 5 infectious disease, revenue recovered to some extent and operating profit returned to profitability, although we recorded a net loss for the period and uncertain conditions continue.」
The lifting of restrictions on socioeconomic activity following the transition to a Class 5 infectious disease, the recovery in revenue and the return to operating profitability are described, indicating that the impact of the spread of the infection on performance has eased. However, a net loss for the period and uncertainty remain. - FY2024-Q3MitigatedAnnual report
「During the cumulative third-quarter period under review, partly because restrictions on socioeconomic activity were lifted following the transition of COVID-19 to a Class 5 infectious disease, revenue recovered to some extent and a return to full-year operating profitability came into view, although」
It is stated that restrictions on socioeconomic activity were lifted following the transition of COVID-19 to a Class 5 infectious disease, revenue recovered, and a return to full-year operating profitability came into view. - FY2024-Q2MitigatedAnnual report
「During the cumulative second-quarter period under review, partly due to the transition of COVID-19 to a Class 5 infectious disease, revenue recovered to some extent and operating profit returned to profitability, although」
It is stated that revenue recovered to some extent and operating profit returned to profitability against the backdrop of the transition of COVID-19 to a Class 5 infectious disease, partially easing the impact of the spread of the infection on performance. - FY2024-Q1MitigatedAnnual report
「During the cumulative first-quarter period under review, partly due to the transition of COVID-19 to a Class 5 infectious disease, revenue recovered to some extent and operating profit returned to profitability, although」
Against the backdrop of the transition of COVID-19 to a Class 5 infectious disease, a partial recovery in revenue and a return to operating profitability are described. - FY2023MitigatedAnnual report
「Although the severe conditions affecting Japan's economy during the fiscal year under review gradually eased and signs of recovery emerged due to the impact of COVID-19,」
It is stated that although the impact of COVID-19 has continued, severe conditions gradually eased and signs of recovery emerged. - FY2023-Q2WorsenedAnnual report
「Although corporate activity and personal consumption showed signs of recovery despite difficult conditions, banquet cancellations increased from July during the seventh wave, significantly affecting the Company.」
The increase in banquet cancellations associated with the seventh wave of COVID-19 and its significant impact on performance are described, and the decline in reservation demand due to the spread of the infection has worsened. - FY2023-Q1RestatedAnnual report
「Due to the impact of the spread of COVID-19, including store closures and reduced operating hours resulting from state of emergency declarations issued by the government and local authorities, revenue has remained significantly lower in the cumulative first-quarter period under review than before the fiscal year ended February 2020, continuing from the fiscal year ended February 2021.」
The spread of COVID-19, store closures and reduced operating hours, and the significant decline in revenue compared with before the spread of the infection have continued. - FY2022-Q3MitigatedAnnual report
「We have closed stores and reduced operating hours to prevent the spread of COVID-19 among customers and employees. Following the lifting of the state of emergency declaration on 30 September 2021, we have operated each store in accordance with requests from the relevant local authorities, implementing thorough infection-control measures and tailoring operations to the characteristics of each store.」
Although store closures and reduced operating hours have continued, it is stated that following the lifting of the state of emergency declaration, operations changed to those tailored to the characteristics of each store after infection-control measures were implemented. - FY2022-Q1RestatedAnnual report
「We have closed stores and reduced operating hours to prevent the spread of COVID-19 among customers and employees.」
Store closures and reduced operating hours due to the spread of the infection continue to be implemented. - FY2021WorsenedAnnual report
「As infections began spreading again from the end of the year, the state of emergency was reissued in January, forcing the company to close stores and reduce operating hours.」
Regarding operating constraints caused by the spread of COVID-19, additional store closures and reduced operating hours have resulted from the reissuance of the state of emergency declaration. - FY2021-Q3WorsenedAnnual report
「In addition, following the reissuance of the state of emergency declaration on 7 January 2021, the company has closed the affected stores and reduced their operating hours.」
Regarding the risk of the infection spreading, additional store closures and reduced operating hours have resulted from the reissuance of the state of emergency declaration. - FY2021-Q2WorsenedAnnual report
「If the global spread of COVID-19 does not subside, infections also remain unresolved domestically, and a further decline in customer visits, store closures or shortened operating hours results from requests to refrain from going out, this could affect the company's business performance.」
On the assumption that the spread of the infection has not subsided either globally or in Japan, the risk of an additional decline in customer visits due to requests to refrain from going out, store closures and reduced operating hours is described. - FY2021-Q1WorsenedAnnual report
「If the global spread of COVID-19 does not subside, a second wave of infections occurs domestically, another state of emergency is declared, and a further decline in customer visits, shortened store operating hours or suspension of operations results from requests to refrain from going out, this could affect the company's business performance.」
The report explicitly identifies a second wave of infections, another declaration of a state of emergency, fewer customer visits, shortened operating hours and suspension of operations as additional risks associated with the spread of COVID-19. - FY2020MaterialisedAnnual report
「At our company, cancellations, particularly of corporate reservations, occurred one after another due to the impact of COVID-19, and we have suspended operations since the government declared a state of emergency to prevent the spread of infection.」
The report describes for the first time the cancellation of corporate reservations and business closures following the declaration of a state of emergency as risks that actually occurred due to the spread of COVID-19.