Risk to business activities and performance from the spread of COVID-19
First written in FY2020. 6 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2026DroppedAnnual report
「If the Group's business activities are restricted by large-scale disasters such as earthquakes, tsunamis, and floods, natural disasters caused by climate change or other factors, or the spread of pathogenic infectious diseases」
This filing does not identify COVID-19 by name, instead describing it as a business continuity risk arising from infectious diseases in general. - FY2023-Q2RestatedAnnual report
「In addition, a renewed spread of COVID-19, the emergence of geopolitical risks, and advancing inflation may affect results through a stagnation of economic activity, deterioration in market conditions due to declining investor sentiment, and restrictions on visits to customers. However, the Group believes that this impact will be limited through enhanced infection-control measures and vaccine development.」
The filing continues to describe the potential impact on results from a renewed spread of COVID-19, geopolitical risks, and advancing inflation, while stating that the impact is expected to be limited through infection-control measures and other initiatives. - FY2023-Q1MaterialisedAnnual report
「Under these circumstances, during the first quarter of the fiscal year, the Group's operating results deteriorated year on year as investor sentiment weakened due to the resurgence of COVID-19 infections, emerging geopolitical risks, accelerating inflation and other factors, reducing fees from investment trusts and foreign securities. Operating revenue was ¥1,968 million, down 33.2% from the same quarter of the previous year; ordinary loss was ¥522 million, compared with ordinary income of ¥387 million in the same quarter of the previous year; and quarterly net loss attributable to owners of the parent was ¥526 million, compared with quarterly net income attributable to owners of the parent of ¥361 million in the same quarter of the previous year.」
The decline in investor sentiment resulting from the renewed spread of COVID-19 was reflected in actual results as a decrease in fee income and a shift into the red. - FY2022RestatedAnnual report
「In the future, the spread of COVID-19 may affect results through a stagnation of economic activity, deterioration in market conditions due to declining investor sentiment, and restrictions on visits to customers. However, the Group believes that this impact will be limited through enhanced infection-control measures and vaccine development.」
The filing continues to describe the potential impact of the spread of infection on market conditions and customer visits, while stating that the impact is expected to be limited through infection-control measures and other initiatives. - FY2022-Q3RestatedAnnual report
「In addition, the spread of COVID-19 affected the Group's business activities through measures such as refraining from visiting customers, suspending in-branch operations, and having employees work from home. If a renewed spread of COVID-19 is confirmed in the future, it may have a certain impact on the Group's results of operations.」
The filing continues to describe the impact of COVID-19, including refraining from customer visits, suspending in-branch operations, and working from home, as well as the potential impact on results if the spread intensifies again. - FY2022-Q2RestatedAnnual report
「The spread of COVID-19 affected the Group's business activities through measures such as refraining from visiting customers, suspending in-branch operations, and having employees work from home. If a renewed spread of COVID-19 is confirmed in the future, it may have a certain impact on the Group's results of operations.」
The filing continues to describe the impact of COVID-19, including refraining from customer visits, suspending in-branch operations, and working from home, as well as the potential impact on results if the spread intensifies again. - FY2022-Q1RestatedAnnual report
「The spread of COVID-19 has affected the Group's business activities through measures such as refraining from visiting customers, suspending in-branch operations, and having employees work from home. If the impact of the spread of COVID-19 is prolonged, it may have a certain impact on the Group's results of operations.」
The filing continues to describe the impact of COVID-19 on business activities, including refraining from customer visits, suspending in-branch operations, and working from home, as well as the potential impact on results of operations if the effects are prolonged. - FY2021-Q3MitigatedAnnual report
「While the spread of infection continues, the Group has established systems to maintain operations by implementing thorough hygiene management and measures to prevent the 3 Cs, establishing and operating work-from-home environments, and having personnel work in dispersed locations, so that business activities centered on trade order placement and settlement of funds do not cease. Although it is not possible to determine when COVID-19 will subside, the Group believes that, considering further improvements to its operating systems and external factors such as vaccine development, the future impact will be limited compared with the period from April to May.」
Although the spread of infection affected the Group through measures such as refraining from customer visits and suspending in-branch operations, the company implemented hygiene management, work-from-home environments, and dispersed working arrangements, and explained that the future impact would be more limited than in the spring. - FY2021-Q2RestatedAnnual report
「From April to May, when the government declared a state of emergency, the spread of COVID-19 affected the Group's business activities through measures such as refraining from visiting customers, suspending in-branch operations, and having employees work from home. If a renewed spread of COVID-19 is confirmed in the future, it may have a certain impact on the Group's results of operations.」
The filing continues to describe the impact of COVID-19, including refraining from customer visits, suspending in-branch operations, and working from home, as well as the potential impact on results of operations if the spread intensifies again. - FY2021-Q1WorsenedAnnual report
「Since April 2020, when the government declared a state of emergency, the spread of COVID-19 has affected the Group's business activities through measures such as refraining from visiting customers, suspending in-branch operations, and having employees work from home. If the impact of the spread of COVID-19 is prolonged, it may have a certain impact on the Group's results of operations.」
Regarding the impact of COVID-19 on business activities, the filing explicitly states that refraining from customer visits, suspending in-branch operations, and working from home continued, and that a prolonged impact could affect results of operations. - FY2020First statedAnnual report
「The Group believes that the impact of the spread of COVID-19 on its results of operations for the fiscal year was limited because the spread occurred near the end of the fiscal year. However, since April 2020, when the government declared a state of emergency, the spread of COVID-19 has affected the Group's business activities through measures such as refraining from visiting customers, suspending in-branch operations, and having employees work from home.」
While describing the impact of the spread of infection on results for the fiscal year as limited, the filing specifically states that refraining from customer visits, suspending in-branch operations, and working from home affected business activities from April 2020 onward.