Decline in Demand for Interpreting Services Due to Entry and Travel Restrictions and Curtailment of In-Person Meetings
First written in FY2021-Q1. 6 of 11 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「In addition to the establishment of online interpreting services, the lifting of entry restrictions from overseas and Japan's transition of COVID-19 to a Class 5 disease supported the recovery in demand for in-person interpreting services.」
While entry restrictions and the avoidance of in-person meetings had reduced demand for interpreting services, demand for in-person services recovered against the backdrop of the establishment of online services, the lifting of entry restrictions, and the transition of COVID-19 to a Class 5 disease. - FY2023MitigatedAnnual report
「In the interpreting and convention businesses, opportunities for in-person interpreting and for holding international conferences, including academic conferences and study groups, as well as seminars, 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.」
The decline in demand for interpreting services caused by restrictions on in-person meetings and travel has shifted toward recovery as restrictions on movement between countries have been gradually eased and online services have become established. - FY2023-Q3RestatedAnnual report
「Demand for interpreting services has been recovering as online interpreting services have become established.」
The recovery trend resulting from the establishment of online interpreting services has continued despite lower demand for interpreting services due to restrictions on in-person meetings and other activities. - FY2023-Q2MitigatedAnnual report
「Demand for interpreting services has been recovering as online interpreting services have become established.」
The recovery in demand resulting from the establishment of online interpreting services has continued despite lower demand for interpreting services due to restrictions on in-person meetings and other activities. - FY2023-Q1MitigatedAnnual report
「Demand for translation services remained firm, while demand for interpreting services has been recovering as online interpreting services have become established.」
The filing states that, despite lower demand for interpreting services due to restrictions on in-person meetings and other activities, demand for interpreting services has been recovering as online interpreting services have become established. - FY2022-Q3RestatedAnnual report
「In the interpreting business, although customer companies continued to refrain from in-person meetings and business negotiations for an extended period, the company actively captured interpreting demand accompanying the widespread adoption of online meetings, and revenue rose 46.4% year on year to ¥499 million.」
While customers have continued to refrain from holding in-person meetings and business negotiations for an extended period, interpreting demand has been captured as online meetings have become established, resulting in higher revenue in the interpreting business. - FY2022-Q2RestatedAnnual report
「In the interpreting business, although customer companies continued to refrain from in-person meetings and business negotiations for an extended period, the company actively captured interpreting demand against the backdrop of expanding online meeting services, and revenue rose 64.7% year on year to ¥325 million.」
While customers have continued to refrain from holding in-person meetings and business negotiations for an extended period, demand for interpreting services has been captured through the expansion of online meeting services. - FY2022-Q1RestatedAnnual report
「In the interpreting business, customers continued to refrain from holding in-person meetings and business negotiations due to the impact of the spread of COVID-19, but the company actively captured demand for online conference interpreting, increasing revenue 119.3% year on year to ¥152 million.」
Although customers continued to refrain from holding in-person meetings and business negotiations, the company captured demand for online conference interpreting, and interpreting revenue rose 119.3% year on year. - FY2021-Q3RestatedAnnual report
「In the interpreting business, revenue declined 59.7% year on year to ¥341 million due to a decrease in orders for in-person conference interpreting projects as measures to prevent the spread of COVID-19 continued.」
The decline in orders for in-person conference interpreting projects caused by measures to prevent the spread of the infection continued, and interpreting revenue fell 59.7% year on year. - FY2021-Q2RestatedAnnual report
「In the interpreting business, revenue declined 64.5% year on year to ¥197 million due to a decrease in orders for in-person conference interpreting projects as measures to prevent the spread of COVID-19 continued.」
The decline in orders for in-person conference interpreting projects caused by measures to prevent the spread of the infection continued, and interpreting revenue fell 64.5% year on year. - FY2021-Q1First statedAnnual report
「As government-led measures to prevent the spread of COVID-19, including restrictions on entry by foreign nationals, restrictions on overseas travel, and requests to refrain from going out in Japan, continued, customer companies increasingly refrained from holding in-person meetings and business negotiations. As a result, orders fell sharply and net sales declined 75.5% year on year to ¥69 million.」
Entry and travel restrictions and the avoidance of in-person meetings and business negotiations actually led to lower demand for interpreting services, and interpreting revenue fell 75.5% year on year.