Business Impact of the Spread of COVID-19
First written in FY2020. 10 of 17 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2026DroppedAnnual reportThe list of major risks for the current fiscal year does not explicitly identify a standalone business impact risk arising from the spread of COVID-19.
- FY2024-Q3MitigatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy showed signs of a gradual recovery as restrictions on movement related to COVID-19 were eased and employment and income conditions improved.」
The company describes conditions in which economic and social activity was moving toward recovery as restrictions on movement related to COVID-19 were eased and employment and income conditions improved. - FY2024-Q2MitigatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy showed signs of normalization in economic and social activity and improvement in employment and income conditions as restrictions on movement related to COVID-19 were eased.」
The company states that the easing of restrictions on movement related to COVID-19 led to normalization of economic and social activity and improvement in employment and income conditions. - FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy moved toward normalization of economic and social activity as COVID-19 subsided, with signs of improvement in employment and income conditions.」
The company states that economic and social activity was moving toward normalization as COVID-19 subsided, indicating that the impact of the infection on the business environment had eased to some extent. - FY2023MitigatedAnnual report
「During the current consolidated fiscal year, Japan's economy showed signs of normalization in economic and social activity in an environment of living with COVID-19, supported in part by the effects of various government policies addressing the virus.」
The company states that although the impact of the infection remained, economic and social activity was moving toward normalization in an environment of living with COVID-19, indicating that the previous impact on the business had eased. - FY2023-Q3MitigatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy showed signs of normalization in economic and social activity, supported in part by the effects of various government policies addressing COVID-19.」
The company states that although the impact of the infection remained, economic and social activity was moving toward normalization, partly due to the effects of government policies. - FY2023-Q2MitigatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy showed signs of normalization in economic and social activity, supported in part by the effects of various government policies, although concerns about a resurgence of COVID-19 infections remained.」
The company states that although concerns about a resurgence of infections remained, economic and social activity showed signs of normalizing, reaffirming that some of the impact of the infection had eased. - FY2023-Q1MitigatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy showed signs of normalization in economic and social activity, supported in part by the effects of various government policies, although the impact of COVID-19 remained to a certain extent.」
The company states that although the impact of the infection remained to a certain extent, economic and social activity showed signs of normalizing, indicating that some of the previous impact had eased. - FY2022RestatedAnnual report
「Although concerns remain about a decline in business performance due to the spread of COVID-19, the impact on each segment is as follows.」
The infection risk continues to be disclosed. For the Cloud Business, the company indicates impacts on opportunities to acquire customers and on growth investment from the cancellation or postponement of trade shows. For the IT Human Resources Business, it indicates the possibility of delays in starting temporary staffing contracts. - FY2022-Q3MitigatedAnnual report
「The number of engineers working in the IT Human Resources Business increased steadily as the company expanded its workforce through proactive hiring against strong customer demand. The growth rate also increased, partly because the number of working engineers had declined in the previous fiscal year due to the impact of COVID-19.」
The company states that the number of working engineers in the IT Human Resources Business, which had declined in the previous fiscal year due to the impact of the infection, increased steadily as a result of hiring and strong customer demand, raising the growth rate. - FY2022-Q2MitigatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, consideration of cloud service implementations continued to take longer while the state of emergency remained in effect. However, new orders remained strong as a result of the expanded sales organization and the use of experience from the previous year. In the IT Human Resources Business, assignments progressed smoothly against strong customer demand.」
Although the longer consideration period for cloud service implementations due to the impact of the infection continued, new orders remained strong through the use of experience from the previous year and the expansion of the sales organization, and assignments in the IT Human Resources Business also progressed smoothly. - FY2022-Q1MitigatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, despite the declaration of a state of emergency, the impact on new orders for cloud services was kept to a minimum by drawing on the experience of the previous year. However, hiring was slightly behind the substantially increased recruitment plan aimed at achieving high growth.」
The company states that the impact of the infection on new orders for cloud services was kept to a minimum by drawing on the experience of the previous year. Meanwhile, the hiring plan was slightly delayed. - FY2021RestatedAnnual report
「Although concerns remain about a decline in business performance due to the spread of COVID-19, the impact on each segment is as follows.」
The infection risk continues to be disclosed. For the Cloud Business, the company indicates impacts on opportunities to acquire prospective customers and on growth investment from the cancellation or postponement of trade shows. For the IT Human Resources Business, it indicates the possibility of delays in accepting new placements and completing contract procedures. - FY2021-Q3MaterialisedAnnual report
「Meanwhile, as in the previous quarter, revenue in the IT Human Resources Business was affected by continuing delays in engineer assignments, caused in part by customers' failure to establish the know-how needed to accept new engineers while working remotely.」
The company states that the lack of established know-how for accepting engineers while working remotely and the resulting assignment delays continued in connection with the impact of the infection, affecting revenue in the IT Human Resources Business. - FY2021-Q2MaterialisedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, economic activity that had stagnated gradually resumed following the lifting of the state of emergency. However, engineer assignments were delayed more than expected because customers had not established the know-how to accept new engineers while working remotely, and because uncertainty about the economic outlook had increased.」
The company states that delays in engineer assignments in the IT Human Resources Business due to the impact of the infection continued from the first quarter. Meanwhile, new orders in the Cloud Business remained strong. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, economic activity was stagnant due to the impact of the spread of COVID-19, resulting in stagnant or delayed business discussions. Under these conditions, new orders for cloud services temporarily slowed and assignment activities for engineers in the IT Human Resources Business were delayed, although」
The company states that the spread of COVID-19 actually caused business discussions to stagnate or be delayed, new orders for cloud services to slow, and engineer assignments in the IT Human Resources Business to be delayed. At the same time, it states that the impact on revenue was limited as a result of growth investment through the previous fiscal year. - FY2020First statedAnnual report
「Although concerns remain about a decline in business performance due to the spread of COVID-19, the impact on each segment is as follows.」
The spread of COVID-19 is described as a standalone risk for the first time. For the Cloud Business, the company indicates effects on new orders and growth investment from delays in business discussions and customer reviews and the cancellation of trade shows. For the IT Human Resources Business, it indicates lower contract rates and delays in starting assignments due to the prolonged shift to remote work. An economic downturn caused by the spread of the infection and a decline in operating days due to increased paid leave taken in March had already been disclosed.