Cancellation or Postponement of International Conferences Due to External Factors
First written in FY2017. 7 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 24 of 28 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the interpreting industry, demand for on-site interpreting is recovering as international travel becomes more active.」
As international travel became more active, demand for on-site interpreting began to recover, reducing the impact of external restrictions on opportunities for meetings and interpreting. - FY2024MitigatedAnnual report
「In the convention business, the Company operated multiple international academic society meetings, increasing revenue 53.3% from the previous fiscal year to ¥233 million.」
Although restrictions on, and cancellations and postponements of, international conferences and other events had been factors behind declining revenue, the convention business recorded substantial revenue growth after organising several international conferences. - FY2024-Q3MitigatedAnnual report
「In the convention business, the Company operated multiple international medical society meetings, increasing revenue 61.8% year on year to ¥210 million.」
Although the cancellation and postponement of international conferences and other events had been an ongoing factor behind declining revenue, the convention business recorded year-on-year revenue growth after organising several international medical conferences. The impact of restrictions on events caused by external factors has weakened. - FY2023-Q3RestatedAnnual report
「Meanwhile, although restrictions on international travel have been eased gradually, the convention business remains in a difficult situation, as repeated revisions to plans for international conferences, including academic and study meetings, seminars and symposia, and various exhibitions have had an impact.」
While restrictions on international travel have been eased gradually, the impact of continued revisions to plans for international conferences and other events persists. - FY2023-Q2RestatedAnnual report
「Meanwhile, although restrictions on international travel have been eased gradually, the convention business remains in a difficult situation, as repeated revisions to plans for international conferences, including academic and study meetings, seminars and symposia, and various exhibitions have had an impact.」
Although some restrictions on international travel have been eased, continued revisions to plans for international conferences and other events continue to affect the convention business. - FY2023-Q1WorsenedAnnual report
「In the convention business, the impact continued from prolonged restrictions associated with holding large-scale international conferences and events, as well as the smaller scale of projects resulting from the digitalisation of services. Revenue fell 65.4% year on year to ¥14 million.」
The previously identified external risks of restrictions on international conferences and events and smaller project sizes continue to result in a substantial decline in business revenue. - FY2022WorsenedAnnual report
「In the convention business, postponed projects gradually resumed, including the 19th International Symposium on Epstein-Barr Virus and the 2nd East Asia Culture Cities Summit. However, revenue fell 26.1% from the previous fiscal year to ¥220 million due to the prolonged restrictions associated with holding large-scale international conferences and events, as well as the smaller scale of projects resulting from the digitalisation of services.」
The prolonged restrictions on international conferences, together with smaller project sizes resulting from digitalisation, caused the previously identified cancellation and postponement risk to materialise as a full-year decline in revenue. - FY2022-Q3RestatedAnnual report
「In the convention business, projects are gradually getting underway, including the postponed 19th International Symposium on Epstein-Barr Virus, but large-scale international conferences and events remain subject to restrictions,」
While events that had been postponed are gradually resuming, restrictions on large-scale international conferences and events continue, and the impact of the previously identified cancellation and postponement risk persists. - FY2022-Q2RestatedAnnual report
「Meanwhile, the convention business remains in a difficult situation, as repeated revisions to plans for international conferences, including academic and study meetings, seminars and symposia, and various exhibitions have had an impact amid continued restrictions on international travel.」
Continued restrictions on international travel and revisions to event plans mean that the risk of international conferences and other events being cancelled or postponed continues to affect the convention business. - FY2022-Q1RestatedAnnual report
「Meanwhile, the interpreting and convention businesses remain in a difficult situation, as restrictions on international travel continue to result in the cancellation of in-person meetings and business negotiations, while repeated revisions to plans for international conferences, including academic and study meetings, seminars and symposia, and various exhibitions have also had an impact.」
Restrictions on international travel, the curtailment of in-person meetings, and revisions to plans for international conferences and other events continue to affect event-related businesses. - FY2021-Q3RestatedAnnual report
「In the convention business, the Company was engaged to operate medical society projects, including the 50th Anniversary Meeting of the Japanese Society of Clinical Neurophysiology. However, revenue fell 64.6% year on year to ¥221 million due to the impact of cancellations and postponements of large international conferences.」
Large-scale international conferences continue to be cancelled or postponed, reducing revenue from the convention business. - FY2021-Q2RestatedAnnual report
「The cancellation or postponement of various domestic medical conferences and corporate events, including large-scale international conferences such as the scheduled 6th World Assembly for Women: WAW! and the 2nd International Influenza Symposium,」
The cancellation and postponement of international conferences and other events, previously identified as a risk, continue to occur as a result of the COVID-19 pandemic. - FY2021-Q1MaterialisedAnnual report
「In addition to the postponement of international conferences such as the 6th World Assembly for Women: WAW! and the 31st Annual Scientific Meeting of the Japanese Society of Echocardiography due to the spread of COVID-19, study groups and medical conferences, seminars and symposia, and various exhibitions were also cancelled or postponed one after another,」
The cancellation and postponement of international conferences, previously identified as a risk, actually occurred due to the spread of COVID-19. - FY2017First statedAnnual report
「These international conferences may be cancelled or postponed due to changes in the external environment, including terrorist attacks, infectious disease outbreaks, natural disasters and diplomatic issues.」
The risk of international conferences being cancelled or postponed due to terrorism, infectious diseases, natural disasters and diplomatic issues is described.