Business impact of the spread of COVID-19
First written in FY2020-Q3. 6 of 14 entries say "Mitigated", first in FY2020. Latest entry: FY2025.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「Spread of infectious disease (impact level: Medium, likelihood of materialization: Low)」
Infectious disease risk continues to be disclosed, but the likelihood of materialization is assessed as low, and mitigation measures involving safety stock, merchants across multiple industries, and unattended payment terminals are described. - FY2023MitigatedAnnual report
「Overall, the impact of COVID-19 has been waning, but the group continues to recognize the following matters, among others, as important issues and will monitor the impact of infectious diseases and other factors on its business performance.」
While explaining that the impact of the pandemic has waned and GMV at hotel and travel-related merchants has recovered toward pre-pandemic levels, the company continues to identify safe cashless payments, contactless operations such as self-checkout, and avoidance of infection risks within the company as ongoing issues. - FY2023-Q3MitigatedAnnual report
「Although concerns about a "ninth wave" of COVID-19 infections were reported in some areas, the impact appears to have been limited, and moves toward normalizing economic activity continued」
While expressing concern about a ninth wave of infections, the company explains that the impact of the pandemic was limited and that economic activity continued to normalize. - FY2023-Q2MitigatedAnnual report
「As the impact of COVID-19 waned, moves toward normalizing economic activity accelerated」
The company explains that the impact of COVID-19 waned and economic activity was moving toward normalization, indicating a reduction in impact compared with the previous assessment of the pandemic risk environment. - FY2023-Q1RestatedAnnual report
「There were no new business or other risks during the first quarter of the current consolidated cumulative period. Nor were there any significant changes to the business and other risks described in the securities report filed on 20 December 2022. The company will continue to monitor the impact of the spread of COVID-19 on its business.」
The company states that there were no new risks or significant changes to existing risks, while continuing to monitor the impact of COVID-19 on its business. - FY2022-Q3RestatedAnnual report
「There were no new business or other risks during the first nine months of the current consolidated fiscal year. Nor were there any significant changes to the business and other risks described in the securities report filed on 20 December 2021. The company will continue to monitor the impact of the spread of COVID-19 on its business, as the situation remains unpredictable.」
The company states that there were no new risks or significant changes to existing risks, while continuing to monitor the impact of COVID-19 on its business. - FY2022-Q2MaterialisedAnnual report
「Due to the spread of COVID-19 variants, the second quarter of the current consolidated accounting period (January–March 2022) was generally conducted under the declaration of quasi-emergency measures, and some merchants, primarily restaurants, were affected by requests to shorten business hours and take other measures.」
The company explains that the spread of variants and quasi-emergency measures actually affected some merchants through measures such as shortened business hours. - FY2022-Q1RestatedAnnual report
「There were no new business or other risks during the first quarter of the current consolidated cumulative period. Nor were there any significant changes to the business and other risks described in the securities report filed on 20 December 2021. The company will continue to monitor the impact of the spread of COVID-19 on its business, as the situation remains unpredictable.」
The company states that there were no new risks or significant changes to existing risks, while continuing to monitor the impact of COVID-19 on its business. - FY2021MitigatedAnnual report
「The impact of COVID-19 on the group's operating environment is currently limited, but some uncertainty remains regarding the outlook, and the company will continue to monitor the situation.」
While the pandemic affected certain industries and spread revenue, the company explains that its impact as of the filing date was limited through diversification and responses involving a broad merchant base, new projects and unmanned payments. - FY2021-Q3RestatedAnnual report
「There were no new business or other risks during the first nine months of the current consolidated fiscal year. Nor were there any significant changes to the business and other risks described in the securities report filed on 21 December 2020. The company will continue to monitor the impact of the spread of COVID-19 on its business, as the situation remains unpredictable.」
The company states that there were no new risks or significant changes to existing risks, while continuing to monitor the impact of COVID-19 on its business. - FY2021-Q2MaterialisedAnnual report
「In particular, following the reissuance of the state of emergency in January 2021, consumption declined at merchants, primarily small restaurants, resulting in a relatively low rate of growth compared with other revenue items.」
The company specifically explains that COVID-19 and the reissuance of the state of emergency caused consumption to decline at merchants, primarily small restaurants, resulting in relatively lower growth in merchant sales. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy again experienced a stagnation in economic activity and a deterioration in conditions due to factors including stalled imports and exports resulting from the resurgence of COVID-19, the cancellation of various events, and voluntary restraint on other economic activity, despite a strong stock market. As of the end of the first quarter, the number of daily COVID-19-positive cases continued to trend upward, and the outlook remained difficult to assess.」
While the previous fiscal year's annual securities report described a recovery and stable trend in the number and value of payment transactions, the current quarter describes the resurgence of the infection, renewed stagnation in economic activity, an upward trend in positive cases and difficulty seeing the outlook, indicating a deterioration in the environment surrounding business-impact risks. - FY2020MitigatedAnnual report
「Fee and spread revenue were temporarily affected by declines in the number and value of payment transactions from April to May 2020, but both have recently recovered and are trending steadily.」
The company explains that the pandemic did have an impact on the number and value of payment transactions, but these have recently recovered and the impact has been limited, partly because of risk diversification across a broad merchant base. - FY2020-Q3First statedAnnual report
「The company will continue to monitor the impact of the spread of COVID-19 on its business, as the situation remains unpredictable.」
While stating that the spread of the infection and the stagnation of economic activity have already occurred, the company says that the future impact on its business remains unpredictable.