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Kintetsu Department Store (8244) · RiskDropped

Business restrictions due to infectious diseases such as novel influenza

First written in FY2016. 7 of 15 entries say "Materialised", first in FY2020. Latest entry: FY2025.

15entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019MaterialisedFY2022-Q1 – FY2022RestatedFY2024-Q1 – FY20252016: 120162017: 120172018: 120182019: 120192020: 320202021: 320212022: 220222023: 220232024: 020242025: 12025
Same theme, other companies

Kintetsu Department Store moved to the "Worse" side of this theme in 2020.

0 other companies' latest entry also says "Dropped".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025DroppedAnnual report
    The FY2025 business and other risks do not disclose operational restrictions caused by infectious diseases such as novel influenza as a standalone risk.
  2. FY2024-Q1RestatedAnnual report

    「COVID-19 is affecting the group's business activities, and we will continue to monitor the situation closely and take measures in response.」

    The recognition that COVID-19 is affecting business activities and the policy of monitoring the situation closely and taking measures continue to be disclosed.
  3. FY2023ReframedAnnual report

    「Regarding the impact of COVID-19 on business results, although signs of recovery have emerged in some inbound demand and domestic consumer sentiment as the disease's classification under the Infectious Diseases Act moves from Class 2 equivalent to Class 5, the emergence of a new COVID-19 variant or the spread of a new infectious disease could have a serious adverse impact on the group's business results and financial position.」

    While the current impact of the infectious disease is described as moving toward recovery, the focus of the risk has expanded to include the emergence of new variants and the spread of new infectious diseases.
  4. FY2022MaterialisedAnnual report

    「Under the state of emergency, we closed areas other than the food floor, which handles daily necessities, and reduced operating hours in an effort to prevent the spread of infection while continuing operations.」

    During the state of emergency declared as the infection spread, closures and reduced operating hours outside the food floor were implemented again during the current fiscal year.
  5. FY2022-Q3MaterialisedAnnual report

    「In the department store business, following the state of emergency declared on 23 April 2021, all stores in Osaka Prefecture, excluding sections handling food and daily necessities, were forced to close or reduce their operating hours through 31 May. Operations did not subsequently return to normal throughout the stores, and the business environment remained challenging as the state of emergency declared again in Osaka Prefecture in August was extended through the end of September while its covered area was expanded.」

    Store closures and reduced operating hours due to the state of emergency actually occurred, and operational restrictions continued following the renewed declaration in August and its extension through the end of September.
  6. FY2022-Q2MaterialisedAnnual report

    「Following the state of emergency declared on 23 April 2021, stores in Osaka Prefecture, excluding food sections and other areas handling daily necessities, were forced to temporarily close or reduce their operating hours.」

    The state of emergency led to temporary closures and reduced operating hours at stores in Osaka Prefecture being implemented again, and the risk of operational restrictions due to infectious diseases actually materialized.
  7. FY2022-Q1MaterialisedAnnual report

    「Following the state of emergency declared on 23 April 2021, stores in Osaka Prefecture, excluding food sections and other areas handling daily necessities, were forced to temporarily close or reduce their operating hours.」

    The state of emergency declared as the infection spread led to temporary closures and reduced operating hours at some stores in Osaka Prefecture, which were implemented again.
  8. FY2021-Q3RestatedAnnual report

    「Following the state of emergency declared in response to the spread of COVID-19, the group temporarily closed each store, excluding food sections and other areas, and reduced operating hours. Operations have since resumed, but sluggish consumption in Japan and overseas is expected.」

    Temporary store closures and reduced operating hours were implemented as the infection spread, and sluggish consumption in Japan and overseas is expected even after operations resumed. Disclosure of the risk of operational restrictions due to infectious diseases continues.
  9. FY2021-Q2MaterialisedAnnual report

    「Following the state of emergency declared in response to the spread of COVID-19, the group temporarily closed each store, excluding food sections and other areas, and reduced operating hours.」

    Previously, operational restrictions in the event of an infectious disease were disclosed as a possibility, but the spread of COVID-19 actually resulted in temporary store closures and reduced operating hours at each store.
  10. FY2021-Q1MaterialisedAnnual report

    「As the state of emergency declared on 7 April in response to the spread of COVID-19 was extended nationwide on 16 April, the scope of temporary store closures expanded. Following the extension of the declaration on 4 May, the temporary closures continued for an extended period and may have a material impact on consolidated business results from the following fiscal year onward.」

    Previously, operational restrictions in the event of an infectious disease were disclosed as a possibility, but the spread of COVID-19 actually led to a state of emergency covering all prefectures and the expansion and prolongation of temporary store closures.
  11. FY2020MaterialisedAnnual report

    「As the state of emergency declared on 7 April in response to the spread of COVID-19 was extended nationwide on 16 April, the scope of temporary store closures expanded. Following the extension of the declaration on 4 May, the temporary closures continued for an extended period and may have a material impact on consolidated business results from the following fiscal year onward.」

    Previously, reduced store hours and temporary closures in the event of an infectious disease were disclosed as possibilities, but the expansion and prolongation of temporary store closures due to the spread of COVID-19 actually occurred.
  12. FY2019RestatedAnnual report

    「If an infectious disease such as novel influenza occurs, consumer anxiety may increase, potentially resulting in reduced store hours or temporary closures and adversely affecting the group's business results and financial condition.」

    The risk of reduced store hours and temporary closures in the event of an infectious disease is reiterated.
  13. FY2018RestatedAnnual report

    「If an infectious disease such as novel influenza occurs, consumer anxiety may increase, potentially resulting in reduced store hours or temporary closures and adversely affecting the group's business results and financial condition.」

    The risk of reduced store hours and temporary closures in the event of an infectious disease is reiterated.
  14. FY2017RestatedAnnual report

    「If an infectious disease such as novel influenza occurs, consumer anxiety may increase, potentially resulting in reduced store hours or temporary closures and adversely affecting the group's business results and financial condition.」

    The risk of reduced store hours and temporary closures in the event of an infectious disease is reiterated.
  15. FY2016First statedAnnual report

    「If an infectious disease such as novel influenza occurs, consumer anxiety may increase, potentially resulting in reduced store hours or temporary closures and adversely affecting the group's business results and financial condition.」

    Consumer anxiety, reduced store hours and temporary closures in the event of an infectious disease are identified as risks.
Moved together

"Performance Fluctuations Due to Economic and Consumption Trends and Abnormal Weather" moved the same way as this thread, in the same document, in 7 of its 15 moves.

766632★123456
  1. ★This thread
  2. 1Performance Fluctuations Due to Economic and Consumption Trends and Abnormal Weather7×
  3. 2Capturing inbound tourist demand6×
  4. 3Contraction of the Department Store Market6×
  5. 4Increase in Large-Scale Construction Orders and Earnings Growth at 近創6×
  6. 5Recovery in Department Store Sales and Operating Profit3×
  7. 6Change to net income amid declines in net sales and operating profit2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kintetsu Department Store yet.
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No news is linked to this thread yet. When an article touches it, it will appear here by date.
Business restrictions due to infectious diseases such as novel influenza | Kintetsu Department Store CO.,Ltd. (8244) | Komori