Risk of Prolonged Impact from COVID-19
First written in FY2020-Q2. 5 of 9 entries say "Restated". Latest entry: FY2024.
CrowdWorks moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 109 of 154 companies on the "Worse" side.
17 other companies' latest entry also says "Softened".
- FY2024SoftenedAnnual report
「As restrictions on socioeconomic activity resulting from the spread of COVID-19 were lifted,」
The company states that restrictions on socioeconomic activity related to COVID-19 have been lifted, reducing the significance of the previously identified risk of prolonged effects. - FY2022RestatedAnnual report
「Although the impact of prolonged COVID-19 is assumed to be minor, it is difficult to reasonably estimate the extent and scope of its future impact.」
While assuming that the impact of COVID-19 will be minor, the company has reconfirmed the difficulty of estimating the extent and scope of its impact if the pandemic continues for an extended period. - FY2022-Q3RestatedAnnual report
「Amid the emergence of COVID-19 variants and social instability in Russia and Ukraine, the outlook for the domestic and global economies remains uncertain.」
The company has reconfirmed that uncertainty in the domestic and global economies continues as the effects of COVID-19 variants persist. - FY2022-Q1RestatedAnnual report
「During the 3-month period ended in the first quarter, Japan's economy saw economic activity resume as the COVID-19 pandemic continued, but the economic environment remained uncertain due to the impact of variants of the virus.」
The company states that, while the effects of prolonged infections and variants continue, economic activity is reopening. - FY2021-Q3RestatedAnnual report
「Regarding the impact of the spread of COVID-19, there have been no material changes to the assumptions used in accounting estimates from the additional information provided in the first-quarter report.」
The company has reconfirmed that there have been no material changes from the first-quarter report to the assumptions underlying its accounting estimates related to COVID-19. - FY2021-Q1RestatedAnnual report
「As of the present time, the Company judges that COVID-19 has some impact, but not a material impact, when forecasting future cash flows and the future business environment.」
While acknowledging a certain impact from COVID-19, the company has determined that its impact on current accounting estimates is limited. - FY2020MitigatedAnnual report
「In the matching business, while aiming to improve growth through upfront investment, the company experienced some clients suspending their contracts and difficulty acquiring new clients due to the impact of COVID-19. However, from the fourth quarter onward, the pace of acquiring new clients began to recover, and the company achieved its initial full-year budget.」
The company explains that, after contract suspensions and difficulty acquiring new clients, the pace of acquiring clients began to recover from the fourth quarter onward and the initial full-year budget was achieved. - FY2020-Q3MaterialisedAnnual report
「In particular, in the matching business, although the policy is to improve growth through upfront investment, the impact of COVID-19 has included some clients suspending their contracts and difficulty acquiring new clients, while the recent pace of acquiring new clients has begun to recover,」
The effects of COVID-19 included some clients suspending their contracts and difficulty acquiring new clients. The company explains that the pace of acquiring new clients has recently begun to recover. - FY2020-Q2First statedAnnual report
「The global spread of COVID-19 has begun to affect various industries. Although the Group's businesses have not been materially affected at present, prolonged effects of the pandemic could affect the Group's performance, and we will continue to monitor the situation closely.」
The company states that COVID-19 has begun to affect various industries and newly discloses the possibility of an impact on performance if the effects continue for an extended period, although there is currently no material impact on the Group.