Economic deterioration and sluggish IT investment due to COVID-19
First written in FY2020. 9 of 12 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2020: 6 of 13 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2024-Q2DroppedAnnual report
「Although personal consumption and corporate capital investment showed signs of recovery as socioeconomic activity moved toward normalization,」
There is no specific reference to corporate insolvencies or sluggish IT investment due to COVID-19, while normalization of socioeconomic activity is described. - FY2024-Q1SoftenedAnnual report
「As restrictions on activities related to COVID-19 were eased and socioeconomic activity moved toward normalization, personal consumption and corporate capital investment showed signs of recovery under the "with-COVID" environment.」
The description of COVID-19 shifted from a focus on concerns over its impact on economic activity to the easing of restrictions, normalization of socioeconomic activity, and recovery in personal consumption and capital investment. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended the third quarter of the current fiscal year, the outlook remained highly uncertain due to the renewed spread of infections caused by new variants of COVID-19, global shortages of semiconductors and other components, heightened geopolitical risks and surging raw material prices.」
Concerns over the resurgence of COVID-19 infections due to new variants and its impact on economic activity continue, along with component shortages, geopolitical risks and soaring raw material prices. - FY2023-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current fiscal year, the outlook remained highly uncertain due to the renewed spread of infections caused by new variants of COVID-19, global shortages of semiconductors and other components, heightened geopolitical risks and surging raw material prices.」
Concerns over the resurgence of COVID-19 infections due to new variants and its impact on economic activity continue, along with component shortages, geopolitical risks and soaring raw material prices. - FY2023-Q1RestatedAnnual report
「During the three-month period ended the first quarter of the current fiscal year, the outlook remained highly uncertain due to the renewed spread of infections caused by new variants of COVID-19, global shortages of semiconductors and other components, heightened geopolitical risks and surging raw material prices.」
Concerns over the resurgence of COVID-19 infections due to new variants and its impact on economic activity continue, along with component shortages, geopolitical risks and soaring raw material prices. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended the third quarter of the current fiscal year, high crude oil prices and the global spread of the novel coronavirus raised concerns over the impact on economic activity both in Japan and overseas, further increasing uncertainty over the outlook.」
Concerns over the impact of the global spread of the novel coronavirus on economic activity and uncertainty over the outlook continued. - FY2022-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current fiscal year, high crude oil prices and the global spread of the novel coronavirus raised concerns over the impact on economic activity both in Japan and overseas, further increasing uncertainty over the outlook.」
Concerns over the impact of the global spread of the novel coronavirus on economic activity and uncertainty over the outlook continued. - FY2022-Q1RestatedAnnual report
「During the three-month period ended the first quarter of the current fiscal year, the global spread of the novel coronavirus raised concerns over the impact on economic activity both in Japan and overseas, further increasing uncertainty over the outlook.」
Concerns over the impact of the global spread of the novel coronavirus on economic activity and uncertainty over the outlook continued. - FY2021-Q3RestatedAnnual report
「During the nine-month period ended the third quarter of the current fiscal year, the global spread of the novel coronavirus raised concerns over the impact on economic activity both in Japan and overseas, further increasing uncertainty over the outlook.」
Concerns over the impact of the global spread of the novel coronavirus on economic activity and uncertainty over the outlook continued. - FY2021-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current fiscal year, the global spread of the novel coronavirus and trade friction between the United States and China raised concerns over the impact on economic activity both in Japan and overseas, further increasing uncertainty over the outlook.」
Concerns over the impact of the global spread of the novel coronavirus on economic activity and uncertainty over the outlook continued. - FY2021-Q1RestatedAnnual report
「During the three-month period ended the first quarter of the current fiscal year, the global spread of the novel coronavirus and trade friction between the United States and China raised concerns over the impact on economic activity both in Japan and overseas, further increasing uncertainty over the outlook.」
Concerns over the impact of the global spread of the novel coronavirus on economic activity and uncertainty over the outlook continued. - FY2020First statedAnnual report
「As the global spread of COVID-19 has rapidly accelerated changes in how companies work, including teleworking and working from home, the group expects demand for the IT products it offers to expand. However, if COVID-19 spreads further and economic conditions deteriorate significantly, companies could fail and IT and systems investment could weaken, potentially affecting the group's operating results and financial position.」
The spread of COVID-19, potential corporate failures and weak IT investment were initially disclosed as a standalone risk affecting operating results and financial position.