Impact on Business and the Economy from the Spread of COVID-19
First written in FY2020-Q2. 4 of 11 entries say "Mitigated", first in FY2022-Q2. Latest entry: FY2023-Q1.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023-Q1MitigatedAnnual report
「The human resources dispatch business was temporarily affected by entry restrictions due to COVID-19, and entry had remained suspended. However, entry by technical intern trainees gradually resumed from March 2022. Against the backdrop of strong recruitment demand in Japan, the Company has been pursuing the resumption and expansion of the business since April 2022, and dispatched 62 technical intern trainees during the current quarter.」
The business has moved from the COVID-19-related suspension of entry to a stage in which entry has resumed and human resources dispatch results are being generated. - FY2022MitigatedAnnual report
「In the overseas business, entry restrictions related to COVID-19 countermeasures were lifted from April 2022, and demand for human resources dispatch from overseas is expanding again.」
Restrictions on the movement of people and entry restrictions related to COVID-19 were lifted from April 2022, and the business has moved into a phase of renewed growth in demand for human resources dispatch. - FY2022-Q3MitigatedAnnual report
「As entry restrictions for technical intern trainees were eased from 1 March 2022 under the Japanese government's "New Measures for Strengthening Border Controls," the Company began sequentially resuming the entry of trainees awaiting placement from 6 April 2022, with the aim of expanding the business.」
With regard to restrictions on the movement of people and entry restrictions associated with the spread of COVID-19, the business has moved to the stage of resuming and expanding the human resources dispatch business following the easing of restrictions under government measures. - FY2022-Q2MitigatedAnnual report
「As entry restrictions for technical intern trainees were eased from 1 March 2022 under the Japanese government's "New Measures for Strengthening Border Controls," the Company began sequentially resuming the entry of trainees awaiting placement from 6 April 2022, with the aim of expanding the business.」
With regard to restrictions on the movement of people and entry restrictions associated with the spread of COVID-19, the business has moved to the stage of resuming the entry of technical intern trainees following the easing of restrictions under government measures. - FY2022-Q1RestatedAnnual report
「The overseas placement of workers business has taken a restrained approach due to restrictions on the movement of people resulting from COVID-19. Going forward, the company plans to resume the business in sequence, starting with trainees waiting for placement in Cambodia, in response to the easing or resumption of restrictions on entry to and departure from the country.」
While restrictions on the movement of people due to COVID-19 continue, the plan to resume the human resources dispatch business in line with the easing of entry and exit restrictions is being reconfirmed. - FY2021-Q3RestatedAnnual report
「As a short-term recovery in the vehicle sales and leasing market cannot be expected due to the impact of COVID-19, the company continues to freeze new business activities and collect receivables.」
The outlook for market recovery in the overseas business remains unclear due to the impact of COVID-19, and the suspension of new business activities continues. - FY2021-Q2WorsenedAnnual report
「As a short-term recovery in the vehicle sales and leasing market cannot be expected due to the impact of COVID-19, the company continues to freeze new business activities and collect receivables.」
The outlook for market recovery in the overseas business remains unclear due to the impact of COVID-19, and the suspension of new business activities continues. - FY2021-Q1WorsenedAnnual report
「During the first quarter consolidated cumulative period, Japan's economy showed a gradual recovery in economic activity following the lifting of the state of emergency declared by the Government in response to the spread of COVID-19. However, amid growing concerns about a slowdown in the global economy, including the arrival of a third wave of COVID-19, the outlook remains uncertain both in Japan and overseas.」
Although economic activity is recovering, concerns about an economic slowdown and uncertainty have intensified due to the arrival of a third wave of COVID-19 and other factors. - FY2020WorsenedAnnual report
「The contraction of transactions and other effects resulting from the spread of COVID-19 have affected revenue and individual purchases. In addition, if COVID-19 infections occur at any of the Group's headquarters, product centers or other facilities, the supply of products and business activities such as sales could be disrupted for a certain period.」
The contraction of transactions and declines in revenue and individual purchases resulting from the spread of COVID-19 actually occurred, and the disclosure also states that there could be a material impact on the Group's financial position, operating results and cash flows from the following fiscal year onward. - FY2020-Q3MaterialisedAnnual report
「The human resources dispatch business was materially affected because the global spread of COVID-19 led the Government of Japan to temporarily suspend visa issuance to foreign nationals and take other measures, preventing people from leaving the Kingdom of Cambodia.」
The spread of COVID-19 and the suspension of visa issuance and other measures had an actual material impact on the human resources dispatch business by preventing people from leaving the country. - FY2020-Q2First statedAnnual report
「Since the beginning of 2020, the global spread of COVID-19 has accelerated, concerns over a slowdown in the global economy have increased, and the outlook for the economy has become uncertain.」
The global spread of COVID-19 was identified as a new external risk, and the disclosure states that its impact gradually became apparent in Cambodia.