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Sharingtechnology (3989) · RiskRestated

Business continuity risk due to natural disasters, infectious diseases and other events

First written in FY2017. 3 of 9 entries say "Restated". Latest entry: FY2024.

9entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2019WorsenedFY2020-Q2 – FY2020RestatedFY2021ReframedFY2022 – FY20232017: 12018: 020182019: 120192020: 320202021: 120212022: 120222023: 120232024: 12024
Same theme, other companies

Sharingtechnology moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).

The whole theme swung hardest in 2020: 67 of 113 companies on the "Worse" side.

101 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 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 406 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「In Japan, if a natural disaster such as an earthquake or typhoon, a terrorist attack, the spread of an infectious disease or any other event that interferes with the continuation of business activities occurs, it may affect the Group’s operating results and financial position.」

    Business continuity risks from natural disasters, terrorism, infectious diseases and other events continue to be presented as general risks.
  2. FY2023ReframedAnnual report

    「In Japan, if a natural disaster such as an earthquake or typhoon, a terrorist attack, the spread of an infectious disease or any other event that interferes with the continuation of business activities occurs, it may affect the Group’s operating results and financial position.」

    The explanation has returned from the impact of COVID-19 on specific categories described for FY2022 to a general description of business continuity risks, including natural disasters, terrorism and infectious diseases.
  3. FY2022ReframedAnnual report

    「Among the service categories provided by the Company, some, including lock unlocking and replacement, have been heavily affected by restrictions on going out and refraining from banquets as measures against COVID-19. Revenue from these categories accounts for a certain proportion of the Company's total revenue. Although restrictions on activities are being eased in stages, if the Company is unable to obtain the expected number of inquiries due to a renewed impact from COVID-19, this could affect its operating results and financial position.」

    The explanation shifted to one that continues to show the impact on specific categories from the infectious disease, while also describing the progress in easing restrictions on activities and the possibility of renewed effects from the infectious disease.
  4. FY2021RestatedAnnual report

    「Among the service categories provided by the Company, certain categories, including lock opening and replacement, have been significantly affected by people refraining from going out and holding parties as measures against COVID-19.」

    The annual report continues to describe the risk of lower demand in certain categories due to COVID-19.
  5. FY2020MaterialisedAnnual report

    「Although sales in certain service categories, such as lock opening, have declined due to people refraining from going out and other measures accompanying the spread of COVID-19, we assume that demand will recover during the following fiscal year as the spread of the disease subsides and economic activity resumes, reducing the impact.」

    The disclosure states that the infectious disease risk has had an actual impact in the form of lower sales in certain categories. At the same time, it assumes that demand will recover during the following fiscal year.
  6. FY2020-Q3WorsenedAnnual report

    「Due to the spread of COVID-19, the financial position, operating results and cash flows from the fourth quarter consolidated accounting period of the fiscal year ending September 2020 onward may be affected.」

    The affected period for COVID-19 was specified as extending to the financial position, operating results and cash flows from the fourth quarter onward, and the duration of the risk was also indicated.
  7. FY2020-Q2WorsenedAnnual report

    「Due to the spread of COVID-19 since March 2020, the financial position, operating results and cash flows from the third quarter consolidated accounting period of the fiscal year ending September 2020 onward may be affected.」

    For the business continuity risk, including infectious diseases, previously disclosed, the spread of COVID-19 was added as a specific external event, and the potential impact on the financial position, operating results and cash flows from the third quarter onward is described.
  8. FY2019RestatedAnnual report

    「In Japan, if a natural disaster such as an earthquake or typhoon, a terrorist attack, the spread of an infectious disease or any other event that interferes with the continuation of business activities occurs, it may affect the Group’s operating results and financial position.」

    The disclosure continues to describe business continuity risk from natural disasters, terrorism and infectious diseases.
  9. FY2017First statedAnnual report

    「In Japan, if a natural disaster such as an earthquake or typhoon, a terrorist attack, the spread of an infectious disease or any other event that interferes with the continuation of business activities occurs, it may affect the Company’s operating results and financial position.」

    The disclosure describes the difficulty of providing services and the potential impact on business continuity due to natural disasters, terrorism and infectious diseases.
Moved together

"Uncertainty and Lack of Visibility over the Outlook for the Global Economy" moved the same way as this thread, in the same document, in 5 of its 9 moves.

54333★12345
  1. ★This thread
  2. 1Uncertainty and Lack of Visibility over the Outlook for the Global Economy5×
  3. 2Dilution of Shareholder Value through Exercise of Stock Acquisition Rights4×
  4. 3Revenue diversification through investment outside the WEB business3×
  5. 4Expansion of Business Areas Through the Acquisition of Multiple Companies and Businesses3×
  6. 5Two reporting segments: Web Business and Investment Business3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Sharingtechnology yet.
News
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Business continuity risk due to natural disasters, infectious diseases and other events | SHARINGTECHNOLOGY INC. (3989) | Komori