Deterioration in economic conditions due to COVID-19
First written in FY2020. 7 of 9 entries say "Materialised", first in FY2021. Latest entry: FY2024-Q1.
Papyless moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 112 of 175 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2024-Q1MaterialisedAnnual report
「The recovery from prolonged restrictions on economic activity to prevent the spread of COVID-19 has been delayed, while users' consumption activity has stagnated due to rising prices resulting from higher resource prices and the weaker yen.」
Delayed recovery from restrictions on economic activity to prevent the spread of the infection continued to be cited, together with rising prices and other factors, as a cause of sluggish user consumption and declining revenue. - FY2023-Q3MaterialisedAnnual report
「Revenue decreased from the same quarter of the previous year. This was due to continued downward pressure on user spending as recovery from the prolonged suppression of economic activity to prevent the spread of COVID-19 infections remained delayed, as well as the impact of tighter targeted-advertising regulations following revisions to the Act on the Protection of Personal Information.」
Delayed recovery from restrictions on economic activity to prevent the spread of the infection, and the resulting downward pressure on users' consumption, continued to be cited as factors behind the decline in revenue. - FY2023-Q2MaterialisedAnnual report
「Revenue declined from the same quarter of the previous year. This was due to continued downward pressure on users' consumption because recovery from prolonged restrictions on economic activity to prevent the spread of coronavirus infection has been delayed, as well as the impact of tighter regulations on targeted advertising following amendments to the Act on the Protection of Personal Information.」
Delayed recovery from restrictions on economic activity to prevent the spread of the infection, and the resulting downward pressure on users' consumption activity, continued to be cited as factors behind the decline in revenue. - FY2023-Q1MaterialisedAnnual report
「Revenue declined from the same quarter of the previous year. This was due to i) lower user spending resulting from the delayed recovery from prolonged restrictions on economic activity to prevent the spread of COVID-19, ii) a sharp increase in access to pirate websites, and iii) tighter regulation of targeted advertising following amendments to the Act on the Protection of Personal Information.」
Delayed recovery from restrictions on economic activity to prevent the spread of the infection, and the resulting decline in users' consumption activity, were cited as factors behind the decline in revenue in the first quarter. - FY2022MaterialisedAnnual report
「In the first half of the previous consolidated fiscal year, demand increased due to the effects of consumption at home resulting from requests to refrain from going out as COVID-19 spread. From the second half onward, however, social conditions resulting from the prolonged spread of the infection have affected users' purchasing behavior.」
Disclosed that social conditions resulting from the prolonged spread of the infection affected users' purchasing behavior and became a factor behind the decline in revenue. - FY2022-Q2MaterialisedAnnual report
「This was because demand increased in the same quarter of the previous year due to the effects of consumption at home resulting from requests to refrain from going out as COVID-19 spread, whereas during the second-quarter consolidated cumulative period, social conditions resulting from the prolonged spread of the infection affected users' purchasing behavior.」
Disclosed that social conditions resulting from the prolonged spread of the infection affected users' purchasing behavior during the second-quarter cumulative period. - FY2022-Q1RestatedAnnual report
「The fact that demand for staying at home contributed to sales in the same quarter of the previous year」
Disclosed that demand for staying at home during the COVID-19 pandemic contributed to sales in the same quarter of the previous year, while stating that there had been no material change in the risk. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, Japan's economy was in a difficult situation due to the impact of COVID-19. During the consolidated fiscal year, demand for staying at home also contributed to market expansion, and the market continued to grow.」
While the impact of COVID-19 on the economic environment continued, demand for staying at home contributed to the expansion of the e-book market. - FY2020First statedAnnual report
「Japan's economy had been recovering moderately as employment and income conditions continued to improve, supported by the effects of various government policies. However, it has recently been significantly depressed by the impact of COVID-19 and remains in a difficult situation.」
For the first time, disclosed the deterioration in the economic environment due to COVID-19 as an external condition actually existing at the end of the fiscal year.