Impact of Disasters and Infectious Diseases on Store Operations
First written in FY2016. 9 of 23 entries say "Worsened", first in FY2018-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2020: 67 of 114 companies on the "Worse" side.
- FY2023MitigatedAnnual report
「Regarding the spread of COVID-19, some containment was achieved as the disease was classified as a Category 5 infectious disease under the Infectious Diseases Control Law and restrictions on daily activities were lifted, among other measures, but」
The transition to Category 5 and the lifting of restrictions on daily activities eased activity restrictions related to the infectious disease. However, the spread of new infectious diseases and other developments continues to be identified as a risk. - FY2023-Q3MitigatedAnnual report
「During the nine-month cumulative period of the current fiscal year, Japan's economy has been gradually recovering due to the easing of activity restrictions related to COVID-19 and its reclassification to Category 5, among other factors.」
It describes a gradual recovery as activity restrictions related to the infectious disease were eased through the easing of restrictions and the reclassification to Category 5. - FY2023-Q1MitigatedAnnual report
「Although activity restrictions have been eased and signs of a gradual recovery have emerged as the impact of COVID-19 has continued for an extended period,」
It states that the easing of activity restrictions related to the infectious disease has led to signs of a recovery in economic activity. However, the impact of the infectious disease has continued for an extended period. - FY2022-Q2WorsenedAnnual report
「In the food service industry, customer traffic had been gradually returning from October after the state of emergency was lifted, but the Priority Preventive Measures were reintroduced in January, forcing operators to reduce their hours. The operating environment therefore remains difficult.」
Customer traffic had been gradually returning after operating restrictions were lifted, but the Priority Preventive Measures were reintroduced in January and operating hours were reduced again. - FY2022-Q1Operating restrictions lifted, recovery underwayAnnual report
「Various restrictions, including reduced operating hours, were lifted in stages from October after the state of emergency was lifted. Customer traffic has been gradually returning as normal operations resumed, but consumer behavior remains cautious and a full recovery has not been achieved.」
It states that operating restrictions associated with the infectious disease were lifted in stages and customer traffic was gradually returning, while demand had not fully recovered. - FY2021WorsenedAnnual report
「The states of emergency and various requests issued by the national and local governments have now been lifted. In operating its stores, the Company continues to implement hygiene controls and measures to prevent the spread of infectious diseases, including installing hand-sanitizing alcohol for customers and enforcing handwashing. However, the timing of an end to COVID-19 remains uncertain, and a further spread or prolonged impact could affect the Group's operating results and financial position.」
The infectious disease risk continues, and as of the end of the fiscal year the disclosure still explicitly identifies uncertainty over when it will end and the possibility of renewed or prolonged spread. - FY2021-Q3WorsenedAnnual report
「By segment, in the food service business, sales declined 45.2% year on year to ¥13,838 million due to reduced operating hours in response to requests from local governments to shorten business hours under the second and third states of emergency declared in response to the spread of COVID-19 and the Priority Preventive Measures, as well as temporary closures at some stores.」
Reduced operating hours and temporary closures at some stores in connection with the second and third states of emergency and the Priority Preventive Measures actually contributed to the decline in sales. - FY2021-Q2WorsenedAnnual report
「Dining at restaurants has declined due to requests from local governments to refrain from operating to prevent the spread of COVID-19, the disappearance of inbound demand, the spread of telework and changes in lifestyles, among other factors.」
The decline in restaurant use has continued due to the infectious disease and requests from local governments to refrain from operating. - FY2020WorsenedAnnual report
「The food service industry to which the Group belongs has been seriously affected by various requests issued by the national and local governments in response to the spread of COVID-19. The timing of an end to the spread of COVID-19 is uncertain, and a further spread or prolonged outbreak could affect the Group's operating results and financial position.」
The impact of the infectious disease has actually intensified, and the uncertainty over when it will end and the possibility of renewed or prolonged spread are explicitly identified as continuing risks. - FY2020-Q3WorsenedAnnual report
「The food service industry to which the Group belongs has been seriously affected by various requests issued by the national and local governments in response to the spread of COVID-19. The timing of an end to the spread of COVID-19 is uncertain, and a further spread or prolonged outbreak could affect the Group's operating results and financial position.」
Regarding COVID-19, it states that the spread of the disease has already had a serious impact and explicitly identifies the uncertainty over when it will end and the possibility of renewed or prolonged spread as new risks. - FY2020-Q2WorsenedAnnual report
「The impact of the spread of COVID-19 on the business remains unpredictable, and we will continue to monitor the situation closely. There are also concerns about the impact of the further spread of COVID-19, and the situation remains unpredictable. The current spread of COVID-19 has affected the Company, including through a decline in sales at its stores. In response to the state of emergency declared by the government on 7 April, the Company has temporarily closed its directly operated stores.」
Regarding COVID-19, it explicitly identifies monitoring the impact as a risk and states that store sales actually declined and directly operated stores were temporarily closed. - FY2020-Q1MaterialisedAnnual report
「In the food service business, the implementation of reduced operating hours and temporary store closures due to Typhoons No. 15 and No. 19 affected operations, among other factors.」
While previously describing the impact of natural disasters on store operations as a potential risk, it states that reduced operating hours and temporary store closures actually occurred due to Typhoons No. 15 and No. 19. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes regarding the impact of disasters and infectious diseases on store operations. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes regarding the impact of disasters and infectious diseases on store operations. - FY2019-Q1RestatedAnnual report
「The difficult environment continued, compounded by the impact of adverse weather conditions, in addition to higher labor costs amid a continuing labor shortage.」
It reiterates the external environment, including the continuing impact of adverse weather conditions, that could affect store operations. - FY2018RestatedAnnual report
「If a major natural disaster or the spread of an infectious disease occurs in the Kanto region or major urban areas, where the Group's stores are concentrated, the number of customers visiting stores could decline and normal business activities could become difficult, potentially affecting the Group's operating results and financial position.」
It reiterates, as a full-year risk, the impact of natural disasters and infectious diseases on store operations in regions where stores are concentrated. - FY2018-Q3WorsenedAnnual report
「The difficult environment continued, compounded by the impact of adverse weather conditions, including typhoons and cold waves.」
It states that adverse weather conditions, including typhoons and cold waves, actually affected the environment for the food service industry. - FY2018-Q1WorsenedAnnual report
「The difficult environment continued, compounded by the impact of adverse weather conditions, including typhoons over the weekend.」
It states that adverse weather conditions, including typhoons, actually affected the industry environment. - FY2017RestatedAnnual report
「If a major natural disaster or the spread of an infectious disease occurs in the Kanto region or major urban areas, where the Group's stores are concentrated, the number of customers visiting stores could decline and normal business activities could become difficult, potentially affecting the Group's operating results and financial position.」
It reiterates the impact of natural disasters and infectious diseases on store operations in regions where stores are concentrated. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes regarding the impact of disasters and infectious diseases on store operations. - FY2017-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes regarding the impact of disasters and infectious diseases on store operations. - FY2017-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It explicitly states that there have been no material changes regarding the impact of disasters and infectious diseases on store operations. - FY2016First statedAnnual report
「If a major natural disaster or the spread of an infectious disease occurs in the Kanto region or major urban areas, where the Group's stores are concentrated, the number of customers visiting stores could decline and normal business activities could become difficult, potentially affecting the Group's operating results and financial position.」
It cites a decline in store traffic and difficulties in business operations caused by natural disasters or infectious diseases in regions where stores are concentrated.