Komori
Avantia (8904) · RiskSoftened

Impact of COVID-19 on Economic and Business Activity

First written in FY2020-Q2. 6 of 11 entries say "Restated". Latest entry: FY2023.

11entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2020-Q2 – FY2020RestatedFY2021-Q1 – FY2023-Q1SoftenedFY2023-Q2 – FY20232020: 320202021: 320212022: 220222023: 32023
Same theme, other companies
Impact of COVID-19 on business operations, demand, human mobility, and supply chainsA theme 71 companies write about · 71 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 5 of 16 companies on the "Worse" side.

9 other companies' latest entry also says "Softened".

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.
Showing 14 of the 71 companies compared. The sentences above are computed from all 71.
Full recordFilings, disclosures and news, newest first
  1. FY2023SoftenedAnnual report

    「During the current consolidated fiscal year, Japan's economy continued to recover as social and economic activity normalized, including through the easing of restrictions on activity related to COVID-19.」

    The infection risk itself remains classified as a business and other risk, but the Company places greater emphasis on the easing of restrictions on activity and the normalization of social and economic activity.
  2. FY2023-Q2SoftenedAnnual report

    「During the six months ended the second quarter of the current consolidated fiscal year, Japan's economy saw restrictions on activity imposed due to the impact of COVID-19 gradually eased and economic activity normalize, while」

    The Company explained that although the impact of COVID-19 continued, restrictions on activity were being eased and economic activity was returning to normal, representing less severe wording than the previous restrictions on activity.
  3. FY2023-Q1RestatedAnnual report

    「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」

    The Company continues to maintain its view that it will monitor the situation regarding the impact of COVID-19 on its business.
  4. FY2022-Q3RestatedAnnual report

    「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」

    The Company continues to maintain its view that it will monitor the situation regarding the impact of COVID-19 on its business.
  5. FY2022-Q1RestatedAnnual report

    「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」

    The Company continues to maintain its view that it will monitor the situation regarding the impact of COVID-19 on its business.
  6. FY2021-Q3RestatedAnnual report

    「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」

    The Company stated that it would continue to monitor the situation regarding the impact of COVID-19 on its business.
  7. FY2021-Q2RestatedAnnual report

    「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」

    The Company stated that it would continue to monitor the situation regarding the impact of COVID-19 on its business.
  8. FY2021-Q1RestatedAnnual report

    「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」

    The Company stated that it would continue to monitor the situation regarding the impact of COVID-19 on its business.
  9. FY2020WorsenedAnnual report

    「These factors may affect the Group's performance, including restrictions on order-taking activities, lower customer willingness to purchase, and delays in construction completion and handover caused by shortages and delivery delays for construction materials and housing equipment.」

    The Company formally disclosed COVID-19 as a business and other risk, identifying specific channels through which it could affect performance, including order-taking activities, customer purchasing intentions, material shortages and delivery delays.
  10. FY2020-Q3WorsenedAnnual report

    「During the nine months ended the third quarter of the current consolidated fiscal year, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year. However, COVID-19, which emerged during the second quarter, has been spreading worldwide and is having a significant impact not only in Japan but globally. The Group's sales activities were subject to certain constraints due to calls to refrain from travel and going out under the state of emergency, but the Group is taking appropriate measures as needed to minimize the impact on its business activities.」

    The global spread of COVID-19 and restrictions on sales activities actually occurred, making the impact of the risk more specific. At the same time, the Company is taking measures to minimize the impact.
  11. FY2020-Q2MaterialisedAnnual report

    「However, no end to the spread of COVID-19, which emerged during the second quarter of the current consolidated fiscal year and continues to spread, is currently in sight, and various impacts have become apparent both in Japan and globally. In response, the Group is taking appropriate measures as needed to minimize the impact on its business activities.」

    The Company disclosed COVID-19 as a new risk whose impact has become apparent in Japan and overseas, with no end to the spread in sight. The text also identifies supply chain disruption caused by factory shutdowns and logistics network interruptions in China, weaker inbound consumption, and shortages and delivery delays for construction materials and housing equipment.
Moved together

"Increase in Liabilities and Decline in Equity Ratio" moved the same way as this thread, in the same document, in 5 of its 11 moves.

555433★123456
  1. ★This thread
  2. 1Increase in Liabilities and Decline in Equity Ratio5×
  3. 2Impact of Interest Rate Trends, Housing Tax Policies and Other Factors on Purchasing Appetite and Financial Position5×
  4. 3Downward Pressure on Housing Demand from Sluggish Personal Consumption and a Frugal Mindset5×
  5. 4Higher Revenue and Operating Profit in the Detached Housing Business4×
  6. 5Growth in Condominium Sales and Profit3×
  7. 6Downside risks to economic conditions from yen appreciation, slowing emerging-market economies and the UK's withdrawal from the EU3×

★ 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
Avantia's next results are scheduled for 2026-10-13. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.