Business Impact of the COVID-19 Pandemic
First written in FY2020. 12 of 15 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025DroppedAnnual report
「As the impact of the novel coronavirus disease subsides, consumers are returning to physical stores.」
No separate business-impact risk from the spread of the novel coronavirus disease was disclosed, and management indicated that the impact had subsided. - FY2025-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no material changes in the emergence of new business or other risks, or in the business or other risks described in the securities report for the previous fiscal year.」
It states that there were no material changes in the risk of business impacts from the spread of the novel coronavirus disease. - FY2024-Q3RestatedAnnual report
「Economic activity is beginning to pick up again, partly because the classification of the novel coronavirus disease was changed in May 2023 from “infectious disease equivalent to Category 2, such as novel influenza” to “Category 5.”」
It describes the change in the classification of the novel coronavirus disease and the normalisation of economic activity. It states that there were no material changes in business and other risks. - FY2024-Q2RestatedAnnual report
「Economic activity is beginning to pick up again, partly because the classification of the novel coronavirus disease was changed in May 2023 from “infectious disease equivalent to Category 2, such as novel influenza” to “Category 5.”」
While describing the change in the classification of the novel coronavirus disease and the normalisation of economic activity, it states that there were no material changes in infectious-disease risk under business and other risks. - FY2023-Q3RestatedAnnual report
「While the impact of the novel coronavirus disease remained, social and economic activity moved toward normalisation as restrictions on activities were eased. However, the economic outlook remained uncertain because of factors including heightened tensions surrounding Ukraine and soaring resource and raw-material prices resulting from the yen's rapid depreciation.」
While the impact of the infectious disease remains, it continues to describe the uncertain business environment resulting from the normalisation of social and economic activity, the situation in Ukraine, the yen's depreciation, and soaring resource and raw-material prices. - FY2023-Q2RestatedAnnual report
「While the impact of the novel coronavirus disease remained and there were signs of movement toward normalising social and economic activity, the economic outlook remained uncertain because of factors including heightened tensions surrounding Ukraine and soaring resource and raw-material prices resulting from the yen's rapid depreciation.」
While the impact of the infectious disease remains, it continues to describe the uncertain business environment resulting from the normalisation of social and economic activity, the situation in Ukraine, the yen's depreciation, and soaring resource and raw-material prices. - FY2023-Q1RestatedAnnual report
「While the impact of the novel coronavirus disease remained and there were signs of movement toward normalising social and economic activity, the economic outlook remained uncertain because of factors including heightened tensions surrounding Ukraine and soaring resource and raw-material prices resulting from the yen's rapid depreciation.」
While reconfirming the business environment in which the impact of the infectious disease remains, it describes the movement toward normalising social and economic activity, the situation in Ukraine, the yen's depreciation and soaring resource prices. - FY2022-Q3RestatedAnnual report
「From around September 2021, the spread of the novel coronavirus disease in Japan showed signs of subsiding, and the government introduced measures to ease restrictions on activities. However, concerns about a renewed spread were not dispelled, and the economic outlook remained uncertain.」
While the spread of the infection showed signs of subsiding and restrictions on activities were eased, it continues to disclose the remaining concerns over renewed spread and economic uncertainty. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period from 1 March 2021 to 31 August 2021, the Japanese economy remained in an uncertain condition, as the outlook for containing the novel coronavirus disease remained unclear amid a renewed spread of the infection and other factors.」
The business environment continues to be shaped by renewed spread of the infection and uncertainty over when it will be contained. - FY2022-Q1RestatedAnnual report
「During the cumulative first-quarter period from 1 March 2021 to 31 May 2021, the Japanese economy remained in an uncertain condition, as the outlook for containing the novel coronavirus disease remained unclear amid a renewed spread of the infection and other factors.」
The business environment continues to be shaped by renewed spread of the infection and uncertainty over when it will be contained. - FY2021RestatedAnnual report
「In response to the global spread of the novel coronavirus disease, social and economic activity was subject to certain restrictions during the first quarter of the fiscal year ending February 2021 in order to prevent the spread of the infection.」
It continues to disclose the risk of impacts from the infectious disease on service delivery systems, sales activities, partner companies and customers' sales activities for their products. At the same time, it explains that the impact on business activities during the fiscal year was limited. - FY2021-Q3RestatedAnnual report
「In response to the global spread of the novel coronavirus disease, social and economic activity was subject to certain restrictions during the first quarter of the fiscal year ending February 2021 in order to prevent the spread of the infection.」
It continues to disclose the risk of impacts from the spread of the infection on service delivery systems, sales activities, the systems of partner companies and customers' sales activities for their products. - FY2021-Q2RestatedAnnual report
「In response to the global spread of the novel coronavirus disease, social and economic activity was subject to certain restrictions during the first quarter of the fiscal year ending February 2021 in order to prevent the spread of the infection.」
It continues to disclose the risk of impacts on service delivery systems and service volumes, assuming continued spread of the infection and restrictions on social and economic activity. - FY2021-Q1MaterialisedAnnual report
「In response to the global spread of the novel coronavirus disease, social and economic activity has been subject to certain restrictions to prevent the spread of the infection. If the spread of the novel coronavirus disease, including the current outbreak, or a similar novel virus or infectious disease occurs in Japan or overseas in the future, the Company's service delivery systems and sales activities, the service delivery systems of its partner companies, and customers' sales activities for the products they handle may be disrupted. This could prevent the Company from providing some or all of its services to customers, while disruption to customers' sales activities for the products they handle could reduce the volume of services handled by the Company.」
The spread of the infection and restrictions on social and economic activity materialised and were formally included as new business risks. - FY2020First statedAnnual report
「In light of the impact on the business of the spread of the novel coronavirus disease and requests to refrain from going out, the borrowing is intended to maintain ample liquidity on hand in order to stabilise the Company's management.」
As a subsequent event after filing, it reported a ¥200 million borrowing in response to the business impact of the spread of the infection.