Downward Pressure on the Economy and Stagnation of Economic Activity Caused by COVID-19
First written in FY2020-Q2. 8 of 14 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there has been no material change in the risk of an economic downturn and stagnation of economic activity caused by COVID-19. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there has been no material change in the risk of an economic downturn and stagnation of economic activity caused by COVID-19. - FY2023-Q3RestatedAnnual report
「There was no material impact from the spread of COVID-19 on the financial position, operating results or cash flows during the cumulative third-quarter period under review.」
The Company states that the spread of COVID-19 had no material impact on its financial position, operating results or cash flows during the cumulative third-quarter period under review. - FY2023-Q1MitigatedAnnual report
「There was no material impact from the spread of COVID-19 during the cumulative first-quarter period under review.」
The disclosure states that the spread of the infection had no material impact on the financial position, operating results or cash flows for the first quarter under review. - FY2022ReframedAnnual report
「Regarding the impact of the spread of COVID-19 on accounting estimates, the Company has determined that, at present, the infection has only a minor impact on its business performance and therefore will not have a material impact on accounting estimates.」
While the potential impact of the infection on public-sector, private-sector and overseas operations continues to be identified as a risk, its impact on performance and accounting estimates for the current fiscal year has been assessed as minor. - FY2022-Q2RestatedAnnual report
「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」
The Company has stated that it will continue to monitor the impact of the infection on its business. It states that there was no material impact on its financial position, operating results or cash flows during the quarter. - FY2022-Q1RestatedAnnual report
「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」
The Company has stated that it will continue to monitor the situation concerning the impact of the infection on its business. It states that there was no material impact on its financial position, operating results or cash flows during the quarter. - FY2021MaterialisedAnnual report
「The impact of COVID-19 was limited in the Company's domestic operations as a result of measures including the shift to telework-based production and the establishment of a system for online business meetings. In overseas operations, however, sales and production activities have been significantly affected by lockdowns, city lockdowns and restrictions on entry into countries.」
The disclosure records that overseas sales and production activities were significantly affected by lockdowns, city lockdowns and restrictions on entry into countries as a result of the infection. - FY2021-Q3RestatedAnnual report
「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」
The Company has stated that it will continue to monitor the situation concerning the impact of the infection on its business. It also states that there was no material impact on its financial position, operating results or cash flows during the quarter. - FY2021-Q2RestatedAnnual report
「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」
The Company has stated that it will continue to monitor the situation concerning the impact of the infection on its business. It states that there was no material impact on its financial position, operating results or cash flows during the quarter. - FY2021-Q1RestatedAnnual report
「Regarding the impact of COVID-19 on our business, we will continue to closely monitor developments.」
The Company has stated that it will continue to monitor the situation concerning the impact of the infection on its business. It also states that there was no material impact on its financial position, operating results or cash flows during the quarter. - FY2020WorsenedAnnual report
「If measures taken in response to the impact of COVID-19 on economic activity in Japan lead to a decline in tax revenues for the national and local governments or a reduction in public works spending during budget preparation, the amount of orders received by the Company may decline. Similarly, in the private-sector market, order volumes may decline as a result of weak corporate performance. Overseas operations may also be adversely affected by restrictions on travel abroad and delays in the progress of local operations.」
The risk posed by COVID-19 has been formally identified as a business risk affecting public works spending, private-sector orders, overseas travel and the progress of overseas operations. - FY2020-Q3WorsenedAnnual report
「During the cumulative third-quarter period under review, Japan's economy reversed from its previous trend of gradual recovery, slowing sharply and deteriorating due to the global impact of COVID-19 and other factors. Although there have been moves toward a gradual resumption of economic activity following the lifting of the state of emergency, the situation remains unpredictable, depending on trends in the number of new infections and the spread of the infection.」
The disclosure explicitly states that the domestic economy has slowed sharply and economic conditions have deteriorated due to the infection, and explains that the situation remains unpredictable because of the spread of the infection. - FY2020-Q2First statedAnnual report
「The domestic economy has recently been significantly weighed down by the impact of COVID-19 and other factors, leaving the economic outlook uncertain. Similarly, in overseas economies, many major countries have imposed strict restrictions on movement in response to the spread of the infection, and uncertainty continues due to stagnation in economic activity and deterioration in corporate performance.」
The impact of COVID-19 on the domestic economy, along with overseas restrictions on movement, stagnation of economic activity and deterioration in corporate performance, has been identified as a new risk. The spread of the infection and its economic impact are described as events that have already occurred.