Risk of store closures and reduced operating hours due to COVID-19
First written in FY2021-Q1. 6 of 8 entries say "Restated". Latest entry: FY2023.
Hasegawa 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: 71 of 93 companies on the "Worse" side.
36 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company recognizes that difficult conditions continue due to the COVID-19 pandemic, higher food and product procurement costs resulting from rising prices, and increases in utility and logistics costs.」
The company continues to recognize uncertainty in the business environment, including infectious diseases. - FY2022-Q3RestatedAnnual report
「There were no newly arising business or other risks during the nine-month period ended in the third quarter. Although there have been no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year, a further spread of COVID-19 could force the closure of stores or reduce their operating hours, potentially affecting the operating results of the Group.」
While stating that there were no new risks, the company continues to identify the risk of store closures and reduced operating hours due to the spread of COVID-19. - FY2022-Q2RestatedAnnual report
「There were no newly arising business or other risks during the six-month period ended in the second quarter. Although there have been no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year, a further spread of COVID-19 could force the closure of stores or reduce their operating hours, potentially affecting the operating results of the Group.」
While stating that there were no new risks, the company continues to identify the risk of store closures and reduced operating hours due to the spread of COVID-19. - FY2022-Q1RestatedAnnual report
「There were no newly arising business or other risks during the three-month period ended in the first quarter. Although there have been no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year, a further spread of COVID-19 could force the closure of stores or reduce their operating hours, potentially affecting the operating results of the Group.」
While stating that there were no new risks, the company continues to identify the risk of store closures and reduced operating hours due to the spread of COVID-19. - FY2021MaterialisedAnnual report
「From 12 January, the company progressively reduced operating hours at business locations in the affected areas. Following the gradual lifting of the state of emergency from 2 February, it resumed normal operations from 22 March at all business locations where operating hours had been reduced.」
The reissuance of the state of emergency declaration in connection with the second and third waves actually resulted in reduced operating hours at business locations. - FY2021-Q3RestatedAnnual report
「There were no newly arising business or other risks during the nine-month period ended in the third quarter. Although there have been no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year, a further spread of COVID-19 could force the closure of stores or reduce their operating hours, potentially affecting the operating results of the Group.」
While stating that there were no new risks, the company continues to identify the risk of store closures and reduced operating hours due to the spread of COVID-19. - FY2021-Q2RestatedAnnual report
「There were no newly arising business or other risks during the six-month period ended in the second quarter. Although there have been no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year, a further spread of COVID-19 could force the closure of stores or reduce their operating hours, potentially affecting the operating results of the Group.」
While stating that there were no new risks, the company continues to identify the risk of store closures and reduced operating hours due to the spread of COVID-19. - FY2021-Q1MaterialisedAnnual report
「Although there have been no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year, a further spread of COVID-19 could force the closure of stores or reduce their operating hours, potentially affecting the operating results of the Group.」
The spread of COVID-19 actually resulted in store closures and reduced operating hours, leading to lower sales and extraordinary losses, including fixed costs.