Impact of the COVID-19 pandemic on demand and revenue across each business
First written in FY2021-Q1. 4 of 10 entries say "Restated". Latest entry: FY2026.
Kyushu Railway Company moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「If a serious infectious disease occurs and spreads in Japan or overseas, constraints on social and economic activity, customers refraining from going out and employee infections may prevent our Group from conducting normal business activities, including railway operations, and could materially affect our Group’s financial position and operating results.」
The disclosure was reorganized from specific impacts of COVID-19 to business continuity risks and a policy for establishing a response headquarters covering serious infectious diseases generally. - FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter of the consolidated fiscal year, Japan’s economy showed signs of a recovery led by personal consumption as restrictions on activities were eased further and social and economic activity returned further to normal, including through the reclassification of COVID-19 under the Infectious Diseases Control Law as a Category 5 infectious disease.」
The disclosure states that COVID-19 was reclassified as a Category 5 infectious disease, restrictions on activities were eased and social and economic activity returned further to normal, with signs of a recovery in personal consumption. - FY2023MitigatedAnnual report
「As of the filing date, a gradual economic recovery, particularly in the services sector, is expected as social and economic activity returns further to normal, including through the reclassification of COVID-19 under the Infectious Diseases Control Law as a Category 5 infectious disease.」
The disclosure identifies the reclassification of COVID-19 as a Category 5 infectious disease and the normalization of social and economic activity as factors easing the acute demand constraints caused by the disease. However, the risk of medium- to long-term demand declines due to changes in behavior remains. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal year, Japan’s economy showed signs of a gradual recovery, led by personal consumption, as restrictions on activities were eased and social and economic activity returned to normal despite the continuing impact of COVID-19.」
The disclosure states that, despite the continuing impact of COVID-19, restrictions on activities were eased and social and economic activity returned to normal, with signs of a recovery in demand. - FY2023-Q1WorsenedAnnual report
「Initially, as the number of new COVID-19 cases trended downward, restrictions on activities were eased and social and economic activity returned to normal, with a gradual recovery led by personal consumption. However, from late June, the number of new COVID-19 cases began to increase again, and」
Although social and economic activity returned to normal and demand began to recover, the number of cases began increasing again from late June. - FY2022WorsenedAnnual report
「Even if COVID-19 subsides, demand for our Group’s railway, station-building commercial facilities, hotels, convenience stores and restaurants may decline over the medium to long term if new behavioral patterns that avoid travel and contact become widespread due to the expansion of working from home and online classes, among other factors.」
Regarding infectious disease risk, the disclosure specified that, in addition to the immediate decline in demand, demand may continue to decline over the medium to long term after the disease subsides because of new behavioral patterns. - FY2022-Q3RestatedAnnual report
「Our Group has also been affected in various businesses, including the railway business, by declining demand for travel and sluggish personal consumption associated with the spread of COVID-19 and the declaration of a state of emergency.」
The impact of declining travel demand and sluggish personal consumption associated with COVID-19 and the declaration of a state of emergency continued across businesses, including the railway business. - FY2021-Q3RestatedAnnual report
「The spread of COVID-19 has affected our Group through a significant decline in railway passengers, lower rental income due to the closure or shortened operating hours of station buildings and other commercial facilities, lower hotel revenue due to closures or lower room occupancy rates, and lower sales due to the closure or shortened operating hours of convenience stores and restaurants. Depending on how the situation develops, this may affect our Group’s financial position, operating results and other matters.」
The impact of COVID-19 on demand and earnings in the railway, commercial facilities, hotel, retail and restaurant businesses continued during the cumulative third quarter. - FY2021-Q2RestatedAnnual report
「The spread of COVID-19 has affected our Group through a significant decline in railway passengers, lower rental income due to the closure or shortened operating hours of station buildings and other commercial facilities, lower hotel revenue due to closures or lower room occupancy rates, and lower sales due to the closure or shortened operating hours of convenience stores and restaurants. Depending on how the situation develops, this may affect our Group’s financial position, operating results and other matters.」
The impact of COVID-19 on demand and earnings in the railway, commercial facilities, hotel, retail and restaurant businesses continued during the cumulative second quarter. - FY2021-Q1MaterialisedAnnual report
「The spread of COVID-19 has affected our Group through a significant decline in railway passengers, lower rental income due to the closure or shortened operating hours of station buildings and other commercial facilities, lower hotel revenue due to closures or lower room occupancy rates, and lower sales due to the closure or shortened operating hours of convenience stores and restaurants. Depending on how the situation develops, this may affect our Group’s financial position, operating results and other matters.」
The spread of COVID-19 has affected demand and earnings in the railway, commercial facilities, hotel, convenience store and restaurant businesses.