Economic and business impact of COVID-19
First written in FY2020. 6 of 9 entries say "Restated". Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1MitigatedAnnual report
「The Japanese economy during the first quarter of the current consolidated fiscal year was on a recovery trend, against a backdrop of a lull in the rise in raw-material procurement costs, the reclassification of COVID-19 as a Class 5 infectious disease, and the prospect of stronger consumption driven by higher wages.」
The company identifies the reclassification of COVID-19 as a Class 5 infectious disease as a factor supporting economic recovery, indicating that conditions have eased from the previous phase of widespread infection. - FY2023RestatedAnnual report
「Although the group assumes that the impact of COVID-19 on its accounting estimates is limited, this assumption involves a high degree of uncertainty and future developments may affect the group's operating results and financial position.」
The company continues to state that the accounting impact of COVID-19 is assumed to be limited, while noting the uncertainty of this assumption and the potential impact on operating results and financial position. - FY2023-Q3RestatedAnnual report
「There were no material changes to the assumptions described in the Additional Information section of the prior consolidated annual securities report, including assumptions regarding how COVID-19 would spread and when it would end.」
The company states that there have been no material changes to the assumptions made in the previous fiscal year concerning the spread and containment timing of COVID-19 and other factors. - FY2023-Q1RestatedAnnual report
「There were no material changes to the assumptions described in the Additional Information section of the prior consolidated annual securities report, including assumptions regarding how COVID-19 would spread and when it would end.」
The company states that there have been no material changes to the assumptions made in the previous fiscal year concerning the spread and containment timing of COVID-19 and other factors. - FY2022-Q2RestatedAnnual report
「There were no material changes to the assumptions described in the Additional Information section of the prior consolidated annual securities report, including assumptions regarding how COVID-19 would spread and when it would end.」
The company states that there have been no material changes to the assumptions made in the previous fiscal year concerning the spread and containment timing of COVID-19 and other factors. - FY2021-Q3RestatedAnnual report
「There were no material changes to the assumptions described in the Additional Information section of the prior consolidated annual securities report, including assumptions regarding how COVID-19 would spread and when it would end.」
The company states that there have been no material changes to the assumptions made in the previous fiscal year concerning the spread and containment timing of COVID-19 and other factors. - FY2021-Q2RestatedAnnual report
「There were no material changes to the assumptions described in the Additional Information section of the prior consolidated annual securities report, including assumptions regarding how COVID-19 would spread and when it would end.」
The company states that there have been no material changes to the assumptions made in the previous fiscal year concerning the spread and containment timing of COVID-19 and other factors. - FY2021-Q1WorsenedAnnual report
「The Japanese economy during the first quarter of the current consolidated fiscal year deteriorated sharply due to delays in capital investment caused by the spread of COVID-19, voluntary restraints on going out and business operations, and other factors. Economic indicators in Japan and overseas recorded declines exceeding those during the Lehman shock.」
The company describes the economic impact of COVID-19 in specific terms, including delayed capital investment, voluntary restraints on business operations and declines in economic indicators exceeding those during the Lehman shock. - FY2020First statedAnnual report
「Although sales volumes of commercial and industrial gases declined slightly due to the spread of COVID-19, the group secured stable sales volumes for its mainstay household products, including propane gas, delivered water and medical gases. Accordingly, the group judged that the impact of COVID-19 on its operating results during the consolidated fiscal year was limited.」
The company specifically states that sales volumes of commercial and industrial gases declined slightly due to COVID-19, while sales volumes of household propane gas, delivered water and medical gases remained stable.