Impact of COVID-19 on economic activity and each business
First written in FY2020. 7 of 19 entries say "Restated". Latest entry: FY2026.
Biken Techno moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 96 of 137 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Although COVID-19, which lasted for more than 3 years, had a significant impact on the economic environment, its impact on the group's operating performance and financial position was limited. However, as the occurrence of a new wave of infections or an epidemic caused by a new variant cannot be ruled out, we will continue to maintain robust risk management.」
While maintaining its recognition that the impact of COVID-19 in the past was limited, the company continues risk management in preparation for new waves of infections and new variants. - 2026-05-15SoftenedResultsSuggests it is closing out
「当業界を巡る経済環境は、国内経済が全体的な企業収益の改善により回復基調が見られていましたが」
今回の業績概況では新型コロナウイルス感染症による影響への言及がなく、従来のコロナ影響テーマは決算短信上では前面に出ていない。 - FY2025RestatedAnnual report
「Although COVID-19, which lasted for more than 3 years, had a significant impact on the economic environment, economic activity has entered an era of coexistence with COVID-19 following its reclassification to Category V, and the company believes that its impact on the group's operating performance and financial position is limited under these circumstances. However, as the occurrence of a new wave of infections or an epidemic caused by a new variant cannot be ruled out, we will continue to maintain robust risk management.」
While maintaining its recognition that the impact of COVID-19 on operating performance is limited, the company continues risk management for new waves of infections and new variants. - FY2024SoftenedAnnual report
「Although COVID-19, which lasted for more than 3 years, had a significant impact on the economic environment, economic activity has entered an era of coexistence with COVID-19 following its reclassification to Category V, and the company believes that its impact on the group's operating performance and financial position is limited under these circumstances. However, as the occurrence of a new wave of infections or an epidemic caused by a new variant cannot be ruled out, we will continue to maintain robust risk management.」
While stating that the impact of COVID-19 had been significant, the company indicated that its impact following the reclassification to Category V is limited. At the same time, it will continue risk management for new waves of infections and new variants. - FY2024-Q3SoftenedAnnual report
「During the cumulative third quarter, the environment surrounding the building maintenance industry was becoming established as economic activity in the post-COVID-19 period took hold, and a recovery to pre-COVID-19 levels was evident.」
The company came to recognise that post-COVID-19 economic activity had become established and that a recovery to pre-COVID-19 levels was evident, with the impact of COVID-19 on economic activity weakening further. - FY2024-Q2SoftenedAnnual report
「During the cumulative second quarter, the environment surrounding the building maintenance industry was becoming established as economic activity in the post-COVID-19 period took hold, and operating performance had begun to recover.」
The company recognised that post-COVID-19 economic activity had become established and that operating performance was recovering, indicating that the impact of COVID-19 on economic activity had weakened further. - FY2023SoftenedAnnual report
「Although COVID-19, which lasted for more than 3 years, had a significant impact on the economic environment, economic activity has entered an era of coexistence with COVID-19 following its reclassification to Category V, and the company believes that its impact on the group's operating performance and financial position is limited under these circumstances.」
While stating that the impact of COVID-19 had previously been significant, the company has come to recognise that its current impact on operating performance and financial position is limited following the reclassification to Category V and the coexistence of economic activity with COVID-19. - FY2023-Q3SoftenedAnnual report
「During the cumulative third quarter, although the eighth wave of COVID-19 infections continued, economic activity under a coexistence-with-COVID-19 model was becoming established and operating performance had begun to recover.」
Although the eighth wave continued, economic activity under a coexistence-with-COVID-19 model became established and the company reported a change reflected in the recovery of operating performance. - FY2023-Q2SoftenedAnnual report
「During the cumulative second quarter, although the seventh wave of COVID-19 infections was beginning to subside, economic activity had not yet fully recovered.」
Although the seventh wave of COVID-19 infections was beginning to subside, economic activity had not fully recovered and its impact on businesses, including hotels and franchises, remained. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, the environment surrounding the building maintenance industry continued to be significantly affected by the stagnation of economic activity as waves of COVID-19 infections recurred.」
The company has reaffirmed its recognition that recurring waves of COVID-19 infections have continued to affect economic activity through its stagnation. - FY2022RestatedAnnual report
「COVID-19, which has continued for more than 2 years, and Russia's invasion of Ukraine have had a significant impact on economic activity worldwide.」
The company has stated that the impact of COVID-19 has continued for more than 2 years and that its impact on hotels, franchises and other businesses persists. - FY2022-Q3WorsenedAnnual report
「During the cumulative third quarter, the environment surrounding the building maintenance industry continued to be significantly affected by the stagnation of economic activity as waves of COVID-19 infections recurred and states of emergency and priority preventive measures were repeatedly issued. Although the spread of COVID-19 had temporarily appeared to be entering a lull, another wave driven by a new variant began toward year-end, and the business environment remains uncertain.」
While waves of COVID-19 infections and various measures continued, another wave driven by a new variant began toward year-end, and the impact on economic activity and uncertainty in the business environment persisted. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, the environment surrounding the building maintenance industry continued to be significantly affected by the stagnation of economic activity as waves of COVID-19 infections recurred and states of emergency and priority preventive measures were repeatedly issued. Although vaccination of the population as a whole has progressed to some extent and the spread of COVID-19 appears to be entering a lull, concerns remain about another wave of infections during the coming winter, and the business environment remains uncertain.」
The company also referred to progress in vaccinations and the lull in the spread of COVID-19, but concerns about another wave during the winter remain, and the impact on economic activity and uncertainty in the business environment continue. - FY2022-Q1WorsenedAnnual report
「As waves of COVID-19 infections have recurred and states of emergency and priority preventive measures to prevent the spread of disease have repeatedly been issued, economic activity has continued to be significantly affected.」
In addition to recurring waves of COVID-19 infections and repeated states of emergency and priority preventive measures, variants such as the Delta variant have prolonged the impact on economic activity and uncertainty in the business environment. - FY2021RestatedAnnual report
「Various businesses of the group have also been affected by COVID-19, with the hotel and franchise businesses particularly hard hit.」
The company continues to recognise throughout the fiscal year that the impact of COVID-19 has extended to multiple businesses and that the hotel and franchise businesses have been particularly hard hit. - FY2021-Q3Prolonged impact of COVID-19 and expansion of affected businessesAnnual report
「The impact on economic activity has become prolonged due to the issuance of states of emergency, the second and third waves of COVID-19 infections and other factors. The company changed its assumptions regarding the impact of COVID-19 stated in the annual securities report for the previous consolidated fiscal year, assuming that the impact would continue throughout the fiscal year in the building maintenance, franchise and Other businesses as well, and revised its full-year earnings forecast.」
Due to the second and third waves of COVID-19 infections and other factors, the impact on economic activity became prolonged, and the company changed its assumptions to reflect that the impact would continue throughout the fiscal year in the building maintenance, franchise and Other businesses as well. - FY2021-Q2RestatedAnnual report
「Under these circumstances, various businesses of the group have also been affected by the spread of COVID-19, with the hotel and franchise businesses particularly hard hit.」
The company continues to recognise that the impact of COVID-19 has extended to multiple businesses and that the hotel and franchise businesses have been particularly hard hit. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter, the environment surrounding the building maintenance industry became rapidly more uncertain as economic activity stagnated due to the spread of COVID-19, which began toward the end of the previous consolidated fiscal year. Under these circumstances, various businesses of the group have also been affected by the spread of COVID-19, with the hotel and franchise businesses particularly hard hit.」
The spread of COVID-19 has slowed economic activity and heightened uncertainty about the outlook, with its impact spreading across multiple businesses, particularly hotels and franchises, where it has resulted in a major blow. - FY2020First statedAnnual report
「If the scale of COVID-19 infections expands substantially or clusters occur frequently in the future, leading to the issuance of a state of emergency or other measures and causing a situation in which economic activity is severely affected, the company's operating performance and financial position may also be materially affected. The hotel business has already been significantly affected by a sharp decline in lodging demand resulting from the spread of COVID-19. Although business demand may recover as domestic economic activity resumes, we expect the impact to continue for approximately one year.」
The company has disclosed COVID-19 for the first time as a standalone business risk and explained that multiple businesses have already been affected, including a sharp decline in hotel lodging demand. It expects the impact to continue for approximately 3 months in building maintenance, approximately 6 months in the franchise and Other businesses affected negatively, and approximately 1 year in hotels.