Impact of COVID-19 on the business as a whole
First written in FY2020. 8 of 18 entries say "Restated". Latest entry: FY2025.
Chichibu Railway moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
0 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual report
「During the fiscal year, demand for tourism showed signs of increasing, but conditions requiring close monitoring continued, including rising prices of various goods.」
The impact of COVID-19 on the business as a whole, previously identified as a key risk in the annual securities report, is not explicitly mentioned in the business and other risks or business environment sections of this filing. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks and no material changes to the business risks described in the securities report for the previous fiscal year.」
The company states that there were no new business or other risks or material changes to existing risks. In terms of business performance, the recovery in the movement of people in areas along the railway continued, while risks including the post-pandemic business environment continue to be monitored closely. - FY2024-Q3Continued recovery in the movement of people and monitoring of the impact of COVID-19Annual report
「As the legal classification of COVID-19 was changed to Class 5 in May and socioeconomic activity continued to normalize, some recovery in human traffic was also seen along our railway lines.」
Following the shift to Category 5, a certain degree of recovery in the movement of people was seen along the railway, and performance in passenger transport, tourism and other businesses improved. Meanwhile, the company states that it will continue to monitor the impact of COVID-19 on the business. - FY2024-Q2Continued recovery in the movement of people and ongoing monitoring of the impact of COVID-19Annual report
「During the six-month period of the consolidated fiscal year, the legal classification of COVID-19 was changed to Class 5 in May, and as socioeconomic activity continued to normalize, some recovery in human traffic was also seen along our railway lines.」
Following the shift to Category 5, a certain degree of recovery in the movement of people was seen along the railway, and performance in passenger transport, tourism and other businesses improved. Meanwhile, the business and other risks section states that there were no new risks or material changes and that the impact of COVID-19 would continue to be monitored. - FY2024-Q1Recovery along the railway remained limited even after the shift to Category 5Annual report
「During the cumulative first quarter, COVID-19 was reclassified as a Category 5 disease under the Infectious Diseases Control Law in May, raising expectations for a recovery in the movement of people. However, recovery along the railway remained limited, while costs also increased due to rising prices of various goods, and difficult conditions continued.」
Although the shift of COVID-19 to Category 5 raised expectations for a recovery in the movement of people, recovery along the railway remained limited, and higher costs due to rising prices of various goods added to the pressure, with difficult conditions continuing. - FY2023RestatedAnnual report
「During the fiscal year, restrictions on activity related to COVID-19 were eased, and there were signs of an increase in visitors to areas along the railway, including the opening of a large-scale commercial facility in Fukaya City in October. However, the business environment surrounding the Group remained difficult amid repeated waves of infection and rising prices of various goods, including electricity rates.」
The company explains that recovery factors included the easing of restrictions on activity and the opening of a large-scale commercial facility, while the difficult environment continued due to repeated waves of infection and rising prices of various goods. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, restrictions on activity related to COVID-19 were eased, and there were signs of regional revitalization, including the opening of a large-scale commercial facility in Fukaya City in October. However, the business environment surrounding the Group remained difficult amid the repeated spread of the infection and further increases in the prices of various goods.」
While restrictions on activity were eased and there were signs of regional revitalization, the business environment remained difficult due to repeated waves of infection. The business and other risks section states that there were no material changes. - FY2023-Q2WorsenedAnnual report
「During the cumulative second quarter, restrictions on activity related to COVID-19 were eased, but the business environment surrounding the Group remained difficult amid the renewed spread of the infection from July and further increases in the prices of various goods.」
While restrictions on activity were eased, the infection began to spread again from July, and rising prices of various goods added to the pressure, with the difficult business environment continuing. The business and other risks section states that there were no material changes. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, the impact of COVID-19 had not been completely eliminated, and the business environment surrounding the Group remained difficult amid rising prices of various goods due to the yen's depreciation.」
The company explains that the impact of COVID-19 had not been completely eliminated and that the business environment remained difficult. At the same time, it states that there were no material changes to the business and other risks and that it would continue to monitor the impact. - FY2022RestatedAnnual report
「During the fiscal year, although signs of a recovery in economic activity emerged as the impact of COVID-19 was prolonged, the business environment surrounding the Group remained difficult.」
The company explains that the impact of COVID-19 was prolonged and that the difficult business environment continued despite signs of a recovery in economic activity. The risk section continues to cite the possibility of lower customer numbers and business closures due to employee infections when the infection spreads. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year. The company will continue to closely monitor the future impact of COVID-19 on its business.」
The company states that there were no new risks or material changes to existing risks and that it will continue to monitor the business impact of COVID-19. In terms of business performance, it explains that the effects of the pandemic have been prolonged and that the situation remains unpredictable. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year. The company will continue to closely monitor the future impact of COVID-19 on its business.」
The company states that there were no new risks or material changes to existing risks and that it will continue to monitor the business impact of COVID-19. The main text explains that the effects of the spread of the infection have been prolonged and that the situation remains unpredictable. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year. The company will continue to closely monitor the future impact of COVID-19 on its business.」
The company states that there were no new risks or material changes to existing risks, while continuing to monitor the impact of COVID-19 on the business. - FY2021WorsenedAnnual report
「During the fiscal year, the business environment surrounding the Group remained exceptionally difficult, as the COVID-19 pandemic severely restricted socioeconomic activity and the movement of people.」
Restrictions on socioeconomic activity and the movement of people caused by the pandemic continued throughout the year. Operating revenue fell 27.8%, and the operating loss was ¥639 million. - FY2021-Q3WorsenedAnnual report
「During the cumulative third quarter, the COVID-19 pandemic continued. Although signs of economic recovery appeared temporarily, the trend toward renewed spread of the infection became pronounced in December, and each of the Group's businesses, including railways and buses, continued to face difficult conditions.」
The pandemic continued to spread, with the renewed spread becoming pronounced in December. Conditions remained difficult across the businesses, with operating revenue down 29.3% year on year and an operating loss of ¥522 million. - FY2021-Q2WorsenedAnnual report
「During the cumulative second quarter, the COVID-19 pandemic continued. Although signs of recovery in socioeconomic activity had recently emerged, the recovery remained slow, and each of the Group's businesses, including railways and buses, continued to face difficult conditions.」
The impact of COVID-19 continued, and each business remained in difficult circumstances as the recovery in socioeconomic activity remained slow. Operating revenue fell 35.9% year on year, and the operating loss was ¥502 million. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter, the COVID-19 pandemic continued and socioeconomic activity contracted significantly, severely affecting each business of the Group, particularly the rail passenger business.」
The impact of COVID-19 continued during the quarter, severely affecting the rail passenger, tourism, bus and other businesses. Operating revenue fell 46.8% year on year, and the operating loss was ¥391 million. - FY2020First statedAnnual report
「The COVID-19 pandemic has significantly curtailed socioeconomic activity through events, calls to refrain from going out, school and business closures, and the promotion of telework, resulting in a major impact on the business as a whole.」
The contraction in socioeconomic activity caused by COVID-19 is identified for the first time as a key risk already affecting the business as a whole, including rail passenger, tourism and bus operations.