Demand fluctuations caused by changes in customer industries and policies

「In the industrial and localization fields, in addition to a decline in orders from customers, mainly automotive companies, against a backdrop of uncertainty over US trade policy, the decline from large projects won from energy- and services-related companies in the same period of the previous year also affected revenue, which was ¥1,930 million, down 15.3% from the previous fiscal period.」

「In the industrial and localization fields, in addition to a decline in orders from customers, mainly automotive companies, against a backdrop of uncertainty over US trade policy, the decline from large projects won from energy- and services-related companies in the same period of the previous year also affected revenue, which was ¥891 million, down 16.6% year on year.」

「In the business environment surrounding our Group, demand in the translation business remained firm, supported by the recovery trend in the performance of client companies. In the interpreting and convention businesses, opportunities for in-person interpreting and for holding international conferences (academic and research meetings), seminars and symposia, and various exhibitions at venues have also been recovering, in addition to the establishment of online services and the gradual easing of restrictions on international travel.」

「In the business environment surrounding our Group, demand in the translation business has remained firm, and demand in the interpreting business has also been recovering as online interpreting services have become established. Meanwhile, although restrictions on international travel have been eased gradually, the convention business has remained challenging due to repeated revisions to plans for international conferences (academic and research meetings), seminars and symposia, and various exhibitions.」

「In the business environment surrounding our Group, demand in the translation business has remained firm, and demand in the interpreting business has also been recovering as online interpreting services have become established. Meanwhile, although restrictions on international travel have been eased gradually, the convention business has remained challenging due to repeated revisions to plans for international conferences (academic and research meetings), seminars and symposia, and various exhibitions.」

「In the business environment surrounding our Group, demand in the translation business has remained firm, and demand in the interpreting business has also been recovering as online interpreting services have become established. Meanwhile, although some restrictions on international travel have been eased, the convention business has remained challenging due to repeated revisions to plans for international conferences (academic and research meetings), seminars and symposia, and various exhibitions.」

「In the business environment surrounding our Group, business activity at client companies normalized as telework became established, and demand in the translation business remained firm. In the interpreting business, use of online interpreting services has gradually expanded as the curtailment and restrictions on in-person meetings and business discussions have continued for an extended period, and demand is also showing signs of recovery. Meanwhile, the convention business has remained challenging due to repeated revisions to plans for international conferences (academic and research meetings), seminars and symposia, and various exhibitions resulting from continued restrictions on international travel.」

「In the business environment surrounding our Group, business activity at client companies normalized as telework became established, and demand in the translation business remained firm. In the interpreting business, use of online interpreting services has gradually expanded as the curtailment and restrictions on in-person meetings and business discussions have continued for an extended period, and demand is also showing signs of recovery. Meanwhile, the convention business has remained challenging due to repeated revisions to plans for international conferences (academic and research meetings), seminars and symposia, and various exhibitions resulting from continued restrictions on international travel.」

「In the business environment surrounding our Group, although weak business sentiment has continued, particularly in the service industry, in the translation business, business activity at client companies normalized as telework became established, and demand followed a recovery trend. Meanwhile, the interpreting and convention businesses have remained challenging due to the curtailment of in-person meetings and business discussions resulting from continued restrictions on international travel, as well as repeated revisions to plans for international conferences (academic and research meetings), seminars and symposia, and various exhibitions.」

「The business environment surrounding our Group remains challenging. In the translation business, in addition to the continuing decline in business sentiment, particularly in manufacturing, business activity at client companies has stagnated as telework adoption has expanded. In the interpreting and convention businesses, the situation has also been affected by the curtailment of in-person meetings and business discussions, as well as the cancellation or postponement of international conferences (academic and research meetings), seminars and symposia, and various exhibitions.」

「The business environment surrounding our Group remains challenging. In the translation business, in addition to the continuing decline in business sentiment, particularly in manufacturing, business activity at client companies has stagnated as telework adoption has expanded. In the interpreting and convention businesses, the situation has also been affected by the curtailment of in-person meetings and business discussions, as well as the cancellation or postponement of international conferences (academic and research meetings), seminars and symposia, and various exhibitions.」

「In the translation business, conditions remained extremely challenging due to a declining business climate, particularly in manufacturing, and stagnant business activity as customer companies increasingly adopted telework. In the interpreting and convention businesses, the situation was affected by calls to refrain from holding in-person meetings and business discussions, as well as the cancellation or postponement of international conferences, including academic and research meetings, seminars, symposiums and various exhibitions.」

「Demand for the services provided by the Group may fluctuate significantly if there are changes in laws or regulations, economic conditions, or the number of companies resulting from industry restructuring in the industries to which these major customers belong, or if customers change their policies, such as bringing operations in-house or narrowing their pool of outsourcing providers. This could affect the Group's business and performance.」