Impact of COVID-19 on Orders
First written in FY2023-Q2. 3 of 6 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 112 of 175 companies on the "Worse" side.
55 other companies' latest entry also says "Dropped".
- FY2024-Q3DroppedAnnual report
「As COVID-19 was reclassified from a Category II infectious disease to a Category V infectious disease under the Act on the Prevention of Infectious Diseases and Medical Care for Patients with Infectious Diseases on 8 May 2023, our Group determined that a renewed spread of the virus was highly unlikely to have a material impact on future business development, financial position or operating results. Accordingly, the risk described in the prior fiscal year's annual securities report, “(3) Other Risks: ① COVID-19,” has been eliminated.」
Explicitly states that the business risk relating to COVID-19 has been eliminated. - FY2024-Q2RestatedAnnual report
「Although COVID-19 initially had a significant impact on orders for orthodontic dental laboratory products because dental institutions temporarily suspended operations, among other measures, orders subsequently recovered and the impact is currently limited.」
No substantive change in the view that orders initially declined, subsequently recovered and are currently subject to limited impact. - FY2024-Q1MitigatedAnnual report
「With the complete removal of restrictions on personal behavior following the reclassification of COVID-19 as a Category V infectious disease, economic activity is returning to almost pre-pandemic levels.」
Describes the complete removal of restrictions and recovery in economic activity, indicating that the impact of COVID-19 on the business environment has eased further. - FY2023RestatedAnnual report
「Although COVID-19 initially had a significant impact on orders for orthodontic dental laboratory products because dental institutions temporarily suspended operations, among other measures, orders subsequently recovered and the impact is currently limited.」
No substantive change in the view that orders initially declined, subsequently recovered and are currently subject to limited impact; the past impact did occur. - FY2023-Q3RestatedAnnual report
「Although COVID-19 initially had a significant impact on orders for orthodontic dental laboratory products because dental institutions temporarily suspended operations, among other measures, orders subsequently recovered and the impact is currently limited.」
No substantive change in the view that orders initially declined, subsequently recovered and are currently subject to limited impact. - FY2023-Q2MitigatedAnnual report
「Although COVID-19 initially had a significant impact on orders for orthodontic dental laboratory products because dental institutions temporarily suspended operations, among other measures, orders subsequently recovered and the impact is currently limited.」
Explains that orders actually declined during the initial spread of the infection, but subsequently recovered and the impact was limited as of the end of the quarter.