Risk of demand decline due to the spread of infectious diseases
First written in FY2016. 16 of 32 entries say "Restated". Latest entry: FY2026.
Nagoya Railroad moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Regarding infectious disease risk, if an infectious disease such as a novel influenza strain or COVID-19 spreads on a large scale, a wide range of segments, particularly the transport, leisure and services, and distribution businesses, may be affected.」
The company continues to disclose as a risk the impact of a large-scale infectious disease outbreak on demand for transport, tourism and distribution. - FY2026-H1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the six-month consolidated accounting period. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there are no new material risks or material changes to existing risks regarding the risk of lower demand resulting from the spread of infectious diseases. - FY2024RestatedAnnual report
「The risk related to infectious diseases also remains: if an infectious disease such as a novel influenza strain spreads on a large scale, or if COVID-19 infections spread again, a wide range of segments, particularly the transport, leisure and services, and distribution businesses, may be affected.」
Although the impact of the infectious disease has diminished as demand has recovered, the company continues to explicitly identify the risk of lower demand, including from a renewed spread of infections, as a business-related risk. - FY2024-Q3MitigatedAnnual report
「Operating revenue for the third quarter of the current consolidated cumulative period was ¥443,483 million, up 9.1% year on year, due to the recovery in demand in the leisure and services business and an increase in railway and tramway passenger numbers in the transport business, among other factors.」
The impact of lower demand associated with the spread of the infectious disease diminished further from the same period of the previous year as tourism demand in the leisure and services business recovered and railway and tramway passenger numbers increased, resulting in a 9.1% increase in overall operating revenue. - FY2024-Q2MitigatedAnnual report
「Operating revenue for the second quarter of the current consolidated cumulative period was ¥283,728 million, up 7.8% year on year, due to the recovery in demand in the leisure and services business and an increase in passenger numbers in the railway and tramway business, despite lower revenue in the real estate business.」
The impact of lower demand due to the infectious disease diminished from the same period of the previous year, with tourism demand in the leisure and services business and passenger numbers in the railway and tramway business recovering. - FY2023MitigatedAnnual report
「Demand recovered, particularly in the leisure and services and transport businesses, as restrictions on activities related to COVID-19 were eased.」
The impact of lower demand due to the infectious disease diminished as restrictions on activities were eased and tourism and transport demand recovered. However, some businesses continued to report operating losses. - FY2023-Q3MitigatedAnnual report
「Operating revenue for the third quarter of the current consolidated cumulative period was ¥406,668 million, up 12.9% year on year, as demand recovered, particularly in the transport and leisure and services businesses, following the easing of restrictions on activities related to COVID-19, in addition to an increase in condominium units delivered in the real estate business.」
As restrictions on activities were eased, demand recovered, particularly in the transport and leisure and services businesses, and the impact of lower demand due to the infectious disease diminished from the same period of the previous year. - FY2023-Q2MitigatedAnnual report
「Operating revenue for the second quarter of the current consolidated cumulative period was ¥263,125 million, up 17.3% year on year, due to the recovery in demand, particularly in the transport and leisure and services businesses, compared with the same period of the previous year, when a state of emergency and other measures were in place, as well as an increase in condominium units delivered in the real estate business.」
The impact of lower demand due to the infectious disease diminished from the same period of the previous year, with recovery in demand and higher revenue, particularly in the transport and leisure and services businesses. - FY2023-Q1MitigatedAnnual report
「Operating revenue for the first quarter of the current consolidated cumulative period was ¥125,202 million, up 15.4% year on year, as tourism demand in the leisure and services business and passenger numbers in the transport business recovered to a certain extent compared with the same period of the previous year, when a state of emergency and other measures were in place.」
The impact of lower demand due to the infectious disease diminished from the same period of the previous year, and overall operating revenue increased as tourism demand and passenger numbers recovered. However, some operating losses remained in the transport and leisure and services businesses. - FY2022MitigatedAnnual report
「Operating revenue in the transport business was ¥115,745 million, up 10.2% year on year, as the impact of COVID-19 diminished from the previous fiscal year. Operating income was ¥4,960 million in loss, an improvement of ¥12,905 million from the previous fiscal year, due to higher revenue as well as lower personnel and repair costs.」
The impact of lower demand due to the infectious disease diminished from the previous fiscal year, and the transport business recorded higher revenue and a smaller operating loss, although an operating loss remained. - FY2022-Q3MitigatedAnnual report
「Higher revenue, including the result of the impact of COVID-19 diminishing from the same period of the previous year, particularly in the transport and leisure and services businesses」
The risk of lower demand due to the infectious disease continued to affect actual results, although its impact diminished from the same period of the previous year, particularly in the transport and leisure and services businesses. - FY2022-Q2MaterialisedAnnual report
「Operating revenue for the second quarter of the current consolidated cumulative period was ¥224,284 million, down 1.2% year on year, despite higher revenue as the impact of COVID-19, particularly on the transport and leisure and services businesses, diminished from the same period of the previous year. The decrease was due to factors including a decline in condominium units delivered in the real estate business and the impact of applying the “Accounting Standard for Revenue Recognition” and other standards.」
Although the impact of lower demand due to the infectious disease diminished from the same period of the previous year, it continued to appear in actual results in the transport and leisure and services businesses, among others. - FY2022-Q1MaterialisedAnnual report
「Operating revenue for the first quarter of the current consolidated cumulative period was ¥108,447 million, down 0.6% year on year, despite higher revenue due to a rebound from the previous year's period, which was significantly affected by COVID-19, particularly in the transport and leisure and services businesses. The decline was due to factors including a decrease in condominium units delivered in the real estate business and the impact of applying the “Accounting Standard for Revenue Recognition” and other standards.」
Although a recovery from the same period of the previous year, which was significantly affected by the infectious disease, was evident, the transport and leisure and services businesses continued to report operating losses in the quarter, indicating that the impact of the infectious disease persisted in actual results. - FY2021MaterialisedAnnual report
「The decline in travel demand and sluggish consumption of services resulting from COVID-19 created an exceptionally challenging business environment.」
The restrictions on going out and decline in demand previously identified as risks related to infectious diseases occurred throughout the fiscal year as lower revenue and losses in the transport, leisure and services, and distribution businesses, among others. - FY2021-Q3MaterialisedAnnual report
「Operating revenue for the third quarter of the current consolidated cumulative period was ¥357,116 million, down 23.6% year on year, due to lower revenue across all businesses as a result of the impact of COVID-19.」
The decline in demand resulting from the spread of infectious diseases continued to occur as lower revenue across all businesses, with operating revenue down 23.6% year on year. The risk section also states that operating results and other matters may continue to be affected. - FY2021-Q2MaterialisedAnnual report
「The impact of COVID-19 during the second quarter of the current consolidated cumulative period is as described in section 2, “Analysis of Financial Position, Operating Results and Cash Flows by Management,” (1) “Financial Position and Operating Results,” and depending on how the situation develops, it may continue to affect the operating results and other matters of the Group.」
The decline in demand and deterioration in operating results caused by the infectious disease continued through the second-quarter cumulative period, and the company states that operating results and other matters may continue to be affected depending on how the situation develops. - FY2021-Q1MaterialisedAnnual report
「Operating revenue for the first quarter of the current consolidated cumulative period was ¥109,052 million, down 25.7% year on year, despite higher revenue from an increase in condominium units delivered in the real estate business, due to the impact of people refraining from going out because of COVID-19. Operating income was ¥10,250 million in loss, a deterioration of ¥22,757 million from the same period of the previous year, due mainly to lower revenue in the transport and leisure and services businesses resulting from COVID-19.」
The impact of restrictions on going out, weaker tourism demand and temporary closures due to the spread of infectious diseases continued to appear in actual results in the form of a 25.7% decline in first-quarter operating revenue and an operating loss of ¥10,250 million. - FY2020MaterialisedAnnual report
「The spread of COVID-19 during the fiscal year is considered to have had a significant impact, particularly on the transport business, where non-commuter passenger numbers declined; the leisure and services businesses, where customer numbers declined and hotels and tourist facilities were temporarily closed; and the distribution business, where store operating hours were reduced and fewer customers visited stores because people refrained from going out. Across the Group, we estimate that operating revenue declined by approximately ¥13 billion and operating profit declined by approximately ¥7.5 billion.」
The company had previously disclosed the spread of infectious diseases as a future risk, but the decline in demand and impact on operating results from COVID-19 actually occurred. The impact was also stated as approximately ¥13 billion in operating revenue and approximately ¥7.5 billion in operating profit. - FY2020-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risks of restrictions on going out and lower demand resulting from the spread of infectious diseases. - FY2020-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risks of restrictions on going out and lower demand resulting from the spread of infectious diseases. - FY2020-Q1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risk of lower demand resulting from the spread of infectious diseases. - FY2019RestatedAnnual report
「In addition, if an infectious disease such as a novel influenza strain spreads, customers may refrain from going out, raising concerns about weaker operating results, and this may affect the operating results of the Group.」
The company continues to disclose the risks of restrictions on going out and lower demand resulting from the spread of infectious diseases. - FY2019-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risk of lower demand resulting from the spread of infectious diseases. - FY2019-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risk of lower demand resulting from the spread of infectious diseases. - FY2019-Q1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risk of lower demand resulting from the spread of infectious diseases. - FY2018-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risk of lower demand resulting from the spread of infectious diseases. - FY2018-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risk of lower demand resulting from the spread of infectious diseases. The statement above itself contains no quantification or evidence that the risk has materialized. quantified is false and materialized is false. - FY2018-Q1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risk of lower demand resulting from the spread of infectious diseases. - FY2017RestatedAnnual report
「If an infectious disease such as a novel influenza strain spreads, customers may refrain from going out, raising concerns about weaker operating results, and this may affect the operating results of the Group.」
The company continues to disclose the risks of restrictions on going out and lower demand resulting from the spread of infectious diseases. - FY2017-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risk of lower demand resulting from the spread of infectious diseases. - FY2017-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes to the risk of lower demand resulting from the spread of infectious diseases. - FY2016First statedAnnual report
「If an infectious disease such as a novel influenza strain spreads, there are concerns that customers may refrain from going out, leading to weaker operating results.」
The company identifies as risks restrictions on going out and lower passenger and customer demand resulting from the spread of infectious diseases.