Potential Losses Due to the Continuing and Prolonged Impact of COVID-19
First written in FY2023-Q3. 3 of 5 entries say "Mitigated", first in FY2024-Q1. Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025DroppedAnnual reportThis annual securities report does not identify COVID-19 as a specific business-environment risk.
- FY2024-Q3MitigatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, as COVID-19 was brought under control, socioeconomic activity continued to normalize and travel and other movement, including inbound tourism, recovered. Domestic and international demand and economic activity were also beginning to regain momentum.」
Describes the containment of the infectious disease, the normalization of socioeconomic activity, the recovery of travel and other movement, and the recovery of demand and economic activity. - FY2024-Q2MitigatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy was reportedly recovering to 70% of pre-pandemic levels in terms of domestic and international travel and other movement, including inbound tourism, following the reclassification of COVID-19 as a Category V infectious disease and the easing of restrictions on activities. Economic activity was also beginning to regain momentum.」
Describes the reclassification as a Category V infectious disease, the easing of restrictions on activities, the recovery of travel and other movement to 70% of pre-pandemic levels, and the recovery of economic activity. - FY2024-Q1MitigatedAnnual report
「As restrictions on activities were eased in response to the COVID-19 pandemic, the disease was reclassified as a Category V infectious disease. Domestic and international travel and other movement, including inbound tourism, showed signs of gradually recovering to pre-pandemic levels, and signs of a moderate recovery in economic activity were observed.」
Describes the easing of restrictions on activities, the reclassification as a Category V infectious disease, and signs of recovery in travel and other movement and economic activity, indicating that the impact of the infectious disease on the business environment has eased. - FY2023-Q3First statedAnnual report
「The spread of COVID-19 is an event with broad effects on the economy and corporate activities, and although it is difficult to reasonably predict when it will subside or the extent of its impact, the company assumes that the effects will continue at least through the fiscal year ending March 2023 and will be limited from the fiscal year ending March 2024 onward. This assumption is highly uncertain, and if the resolution of the pandemic is delayed and its effects are prolonged, losses may arise in the future.」
Indicates the potential for future losses if the impact takes longer to subside or becomes prolonged, while assuming the period over which the impact will continue.