Impact of COVID-19 on Transport Demand and Business Performance
First written in FY2020. 5 of 16 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2024.
Daiun moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 3 of 6 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「During the fiscal year, Japan's economy continued to recover moderately as social and economic activity normalized amid the transition to the post-COVID period.」
The transition to the post-COVID period and the normalization of social and economic activity are described, indicating that the business-environment risk from COVID-19 has eased compared with prior periods. Meanwhile, the end of COVID-related demand remains a factor behind sluggish movements in imported cargo. - FY2024-Q2MitigatedAnnual report
「During the six-month period ended 30 September 2023 (1 April 2023 to 30 September 2023), Japan's economy continued to recover moderately as social and economic activity normalized following the reclassification of COVID-19 as a Class 5 infectious disease.」
The transition of COVID-19 to a Class 5 infectious disease and the normalization of social and economic activity are described, indicating that the business-environment risk from the pandemic has eased compared with prior periods. However, the end of COVID-related demand is cited as one factor behind weak movements in imported cargo. - FY2024-Q1MitigatedAnnual report
「During the cumulative first-quarter period (1 April 2023 to 30 June 2023), Japan's economy continued to recover moderately, with signs of normalization in economic activity as restrictions on movement related to COVID-19 were eased.」
The easing of restrictions on activity related to COVID-19 and the move toward normalizing economic activity are described, indicating that the business-environment risk from the pandemic has been easing compared with prior periods. Meanwhile, the end of COVID-related demand is cited as one factor behind weak movements in imported cargo. - FY2023MaterialisedAnnual report
「Our core East Asian business, particularly China, was significantly affected by the decline in imported cargo resulting from China's COVID-19 measures.」
COVID-19, particularly the decline in imported cargo resulting from China's infection-control measures, was identified as an actual performance factor, indicating that infection risk had materialized. - FY2023-Q3WorsenedAnnual report
「During the cumulative third-quarter period (1 April 2022 to 31 December 2022), economic activity continued to be unstable. While economic activity was gradually moving toward normalization as measures against COVID-19 were balanced with social and economic activity, the eighth wave of COVID-19 arrived.」
While the disclosure describes progress toward the normalization of economic activity, the arrival of the eighth wave of COVID-19 again strongly highlights uncertainty in the business environment caused by the infection. - FY2023-Q2RestatedAnnual report
「Regarding the company's performance during the cumulative second-quarter period (1 April 2022 to 30 September 2022), operating revenue increased despite the impact of COVID-19.」
Although the impact of COVID-19 continued to be disclosed, operating revenue increased 8.5% year on year. The infection risk continued to affect business activities. - FY2023-Q1RestatedAnnual report
「Regarding the company's performance during the cumulative first-quarter period (1 April 2022 to 30 June 2022), operating revenue increased despite the impact of COVID-19, while operating income decreased year on year.」
The impact of COVID-19 continued to be disclosed, and its impact on business activities persisted. Meanwhile, operating revenue increased 8.5% year on year. - FY2022MitigatedAnnual report
「Regarding COVID-19, which has recently spread worldwide, our business activities have been affected to a limited extent by a decline in exports resulting from the stagnation of global economic activity.」
The impact of COVID-19 continued to be disclosed, including the possibility of a material impact if it became prolonged, but the impact on business activities during the current period was described as "limited but partial," indicating mitigation compared with previous periods. - FY2022-Q3WorsenedAnnual report
「During the cumulative third-quarter period (1 April 2021 to 31 December 2021), Japan's economy was deeply affected by repeated cycles of containment and spread accompanying the emergence of COVID-19 variants. The global economy also remained in a situation where the recovery outlook could not be taken for granted.」
The disclosure describes repeated spread and containment accompanying the emergence of virus variants, again highlighting more strongly the uncertainty in the business environment caused by COVID-19 after the previous quarter's wording indicated mitigation. - FY2022-Q2MitigatedAnnual report
「During the six months ended 30 September 2021, COVID-19 spread rapidly, but the number of cases began to decline as a result of vaccinations and people refraining from certain activities. Although substantial disparities emerged between industries in economic activity, normalization was expected as the situation calmed.」
Although the spread of COVID-19 continued, the disclosure indicated a decline in cases and prospects for the normalization of economic activity. Infection risk continued to affect the business environment, but the wording indicated a move toward mitigation compared with the previous quarter. - FY2022-Q1RestatedAnnual report
「Regarding the company's performance during the cumulative first-quarter period (1 April 2021 to 30 June 2021), operating revenue increased as import and export volumes recovered, despite the impact of COVID-19, and operating income also increased significantly year on year.」
Although the impact of COVID-19 continued to be disclosed, operating revenue and operating income increased as import and export volumes recovered. The infection risk continued to affect performance. - FY2021MaterialisedAnnual report
「Under these circumstances, although the company was partly affected by COVID-19, operating revenue was broadly at the same level as the previous year, while operating income increased significantly year on year.」
Although the impact of COVID-19 continued to be reflected in operating activities during the current period, operating revenue increased 0.9%, and operating income improved from an operating loss in the previous year to a profit of ¥100.093 million. The infection risk continued to affect actual performance, but profitability improved from the previous period. - FY2021-Q3MaterialisedAnnual report
「In this, the Company's core segment, operating revenue also declined from the same quarter a year earlier due to weak transportation demand resulting from the impact of the novel coronavirus and other factors.」
Weak transport demand due in part to the impact of COVID-19 continued, and operating revenue in the port transportation business decreased 2.8% year on year. The infection risk continues to be reflected in actual performance. - FY2021-Q2MaterialisedAnnual report
「In this, the Company's core segment, operating revenue also declined from the same quarter a year earlier due to weak transportation demand resulting from the impact of the novel coronavirus and other factors.」
The ongoing weakness in transport demand due to COVID-19 continued to be reflected in actual performance, with operating revenue in the port transportation business down 4.7% year on year. - FY2021-Q1MaterialisedAnnual report
「Regarding the company's performance during the cumulative first-quarter period (1 April 2020 to 30 June 2020), operating revenue decreased partly due to the impact of COVID-19, while operating income increased significantly year on year.」
The impact of COVID-19 was reflected in actual performance through a decline in operating revenue in the current quarter. Operating revenue decreased 1.9% year on year, and the main segments also reported lower revenue due to weak transport demand. - FY2020First statedAnnual report
「Regarding the novel coronavirus disease, which has recently spread worldwide, our business activities have been partly affected by a decline in imports and exports resulting from the stagnation of global economic activity. If the spread of the infection continues for an extended period, it will be difficult to estimate the duration and impact, but it may have a material effect on operating results and financial position.」
The decline in imports and exports and the partial impact on business activities resulting from COVID-19 were disclosed for the first time as a standalone risk, indicating the possibility of a material impact if the spread of the infection is prolonged.