Komori
Drecom (3793) · RiskRestated

Risk of Deterioration in Business Conditions and the Economy Due to COVID-19

First written in FY2020. 6 of 7 entries say "Restated". Latest entry: FY2023-Q3.

7entries
4years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2020 – FY2023-Q32020: 320202021: 220212022: 120222023: 12023
Same theme, other companies
Economic slowdown and decline in customer demand due to COVID-19A theme 192 companies write about · 192 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 111 of 174 companies on the "Worse" side.

35 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 192 companies compared. The sentences above are computed from all 192.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no new developments or material changes regarding the risk of business environment and economic deterioration from COVID-19.
  2. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company stated that there had been no new developments or material changes regarding the risk of business environment and economic deterioration from COVID-19.
  3. FY2022-Q1RestatedAnnual report

    「In the current fiscal year, the company continues to recognize the COVID-19 pandemic as a major management risk and has prioritized generating stable earnings and securing cash flow. It will pursue balanced management by actively investing for the future while maintaining a conservative stance on the premise that such investment will not place pressure on earnings or cash flow.」

    The company continues to recognize COVID-19 as a significant management risk and to invest for the future while prioritizing profits and cash flow.
  4. FY2021-Q3RestatedAnnual report

    「In light of the COVID-19 outbreak during the current fiscal year, the company has made generating stable profits and securing cash flow its highest priorities and will manage the business conservatively for the time being, until economic conditions stabilize.」

    In light of the COVID-19 outbreak, the company continues its policy of taking a conservative management stance for the time being, while prioritizing stable profits and cash flow.
  5. FY2021-Q2RestatedAnnual report

    「In light of the COVID-19 outbreak during the current fiscal year, the company has made generating stable profits and securing cash flow its highest priorities and will manage the business conservatively for the time being, until economic conditions stabilize.」

    In light of the COVID-19 outbreak, the company continues its policy of taking a conservative management stance for the time being, while prioritizing stable profits and cash flow.
  6. FY2021-Q1RestatedAnnual report

    「In light of the COVID-19 outbreak during the current fiscal year, the company has made generating stable profits and securing cash flow its highest priorities and will manage the business conservatively for the time being, until economic conditions stabilize.」

    In light of the COVID-19 outbreak, the company continues to prioritize securing stable profits and cash flow and to manage the business conservatively until economic conditions stabilize.
  7. FY2020First statedAnnual report

    「In Japan, the Group's primary market, the spread of COVID-19 has been accelerating since January 2020. The resulting rapid changes in the business environment and deterioration in economic conditions have become significant management risks. As of the end of May 2020, no major changes in user spending trends had been observed and the impact on business performance had been minor. However, if the outbreak becomes more severe and nationwide restrictions on economic activity are again requested, economic conditions are expected to deteriorate and user spending trends are expected to change accordingly, potentially affecting the Group's operating results and financial condition.」

    The company disclosed changes in the business environment and user spending trends resulting from the spread of COVID-19 and restrictions on economic activity as a new risk. As of the end of May 2020, it considered changes in spending trends and the impact on business performance to be minor, and the company itself had not identified any material impact for the fiscal year.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Drecom's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of Deterioration in Business Conditions and the Economy Due to COVID-19 | Drecom Co.,Ltd. (3793) | Komori