Impact of COVID-19 on Business Activities
First written in FY2021-Q1. 6 of 15 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025AdvancedAnnual report
「The details of our response, measures and know-how developed during the more than 3 years of the spread of COVID-19 have been compiled in records and are being shared and passed on within our Group to serve as a reference for developing measures should an unknown infectious disease emerge in the future.」
A system for documenting experience in responding to COVID-19 and using it to develop measures when an unknown infectious disease emerges has been explicitly described. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
It was concluded that there had been no emergence or significant change in the major risks concerning the impact of COVID-19 on business activities. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
It was concluded that there had been no emergence or significant change in the major risks concerning the impact of COVID-19 on business activities. - FY2023ReframedAnnual report
「However, if an unknown infectious disease with even greater transmissibility or a higher fatality rate emerges in the future, the business could be affected more severely than by COVID-19.」
While describing the impact of COVID-19 and the experience of responding to it, the scope of the risk has been expanded to include unknown infectious diseases that may emerge in the future with even greater transmissibility or a higher fatality rate. - FY2023-Q3RestatedAnnual report
「During the first 9 months of the current consolidated fiscal year, the Japanese economy showed signs of a gradual recovery while living with COVID-19.」
It was stated that the business environment affected by COVID-19 continued to recover gradually while living with COVID-19. - FY2023-Q2MitigatedAnnual report
「During the first 6 months of the current consolidated fiscal year, the Japanese economy showed signs of a gradual recovery as the transition to a new phase of living with COVID-19 progressed. As demand for staying at home attributable to COVID-19 began to settle, among other factors, sales in the shopping business were ¥9,061 million, down 8.5% year on year.」
The transition to a new phase of living with COVID-19 and the recovery of the economy were reported, and the business environment related to the infection has eased overall. However, the impact of an 8.5% decline in shopping business sales due to the easing of stay-at-home demand remains. - FY2023-Q1MitigatedAnnual report
「As measures against COVID-19 were implemented and economic and social activity moved toward normalization, signs of recovery were observed.」
Although the business impact of COVID-19 remains, the implementation of infection-control measures, normalization of economic and social activity, and recovery in the business environment were reported. - FY2022MitigatedAnnual report
「Our Group's business activities also showed signs of recovery in television broadcasting, music publishing, events and invested films, all of which had been significantly affected in the previous fiscal year.」
Although the business impact of COVID-19 remains, the television broadcasting, music publishing, events and invested film businesses showed signs of recovery, and infection-related losses also declined from ¥470 million in the previous fiscal year to ¥260 million. - FY2022-Q3MitigatedAnnual report
「Extraordinary loss Losses attributable to COVID-19 344 205」
Although the impact of COVID-19 on advertising, events and other activities remains, infection-related losses for the first 9 months were ¥205 million, down from ¥344 million in the same period of the previous year. - FY2022-Q2MitigatedAnnual report
「Extraordinary loss Losses attributable to COVID-19 274 184」
Losses attributable to COVID-19 totaled ¥184 million for the first 6 months, down from ¥274 million in the same period of the previous year. A recovery from the same period of the previous year was also reported in the advertising market and businesses including music and events. - FY2022-Q1MitigatedAnnual report
「Extraordinary loss Losses attributable to COVID-19 239 172」
Although the impact of COVID-19 on advertising, events and other activities remains, infection-related losses for the first quarter were ¥172 million, down from ¥239 million in the same period of the previous year. A recovery in the advertising market and the performance of each business was also reported. - FY2021WorsenedAnnual report
「COVID-19 has had various effects on the real economy, and our Group's operating performance has also been affected by a decline in advertising volume from advertisers and the postponement or cancellation of scheduled concert tours, various events and invested films. We recognized ¥470 million in losses attributable to COVID-19.」
The impact on multiple businesses, including advertising, music, events and films, continued through the full year, and losses attributable to COVID-19 totaled ¥470 million. - FY2021-Q3WorsenedAnnual report
「During the first 9 months of the current consolidated fiscal year, the Japanese economy remained in a difficult situation due to the impact of COVID-19. The television advertising market also remained difficult, with spot advertising volume in the Tokyo area falling substantially below the level in the same period of the previous year. Losses attributable to COVID-19 - 344」
The impact of COVID-19 continued, including a substantial decline in advertising volume and ongoing effects on business activities. Losses attributable to the infection totaled ¥344 million for the first 9 months, up from the previously reported ¥274 million. - FY2021-Q2WorsenedAnnual report
「During the first 6 months of the current consolidated fiscal year, the Japanese economy remained in a difficult situation due to the impact of COVID-19. The television advertising market also remained difficult, with spot advertising volume in the Tokyo area falling substantially below the level in the same period of the previous year. Losses attributable to COVID-19 - 274」
The impact of COVID-19 continued, and the difficult business environment, including a substantial decline in advertising volume, persisted. Losses attributable to the infection totaled ¥274 million for the first 6 months, up from the previously reported ¥239 million. - FY2021-Q1MaterialisedAnnual report
「During the first 3 months of the current consolidated fiscal year, the Japanese economy was in an extremely difficult situation due to the impact of COVID-19. The television advertising market also became more difficult, with spot advertising volume in the Tokyo area falling substantially below the level in the same period of the previous year. Following the spread of COVID-19, the events business reported lower sales as events were repeatedly canceled or postponed, including the cancellation of the “Tokyo-Osaka Metropolitan Rock Festival 2020.” The invested film business also reported lower sales due to the postponement of releases, including “Doraemon the Movie: Nobita's New Dinosaur” and “Crayon Shin-chan the Movie: Crash! Rakuga Kingdom and Almost Four Heroes.” Losses attributable to COVID-19 - 239」
The business impact of COVID-19 materialized, including a substantial decline in advertising volume and the cancellation or postponement of music and events and film releases. A ¥239 million loss attributable to COVID-19 was recognized as an extraordinary loss for the quarter.