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Visional (4194) · RiskDroppedLatest Financial results briefing materials (2026-09-10): "Restated"

Impact of COVID-19 on the economy and hiring environment

First written in FY2021-Q3. 8 of 14 entries say "Mitigated", first in FY2021. Latest entry: 2026-09-10.

14entries
6years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2021 – FY2024-Q1RestatedFY2024-Q2 – 2026-09-102021: 320212022: 320222023: 320232024: 120242025: 020252026: 42026
Same theme, other companies
Economic slowdown and decline in customer demand due to COVID-19A theme 193 companies write about · 193 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 112 of 175 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 193 companies compared. The sentences above are computed from all 193.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2DroppedAnnual report

    「During the six-month period of the fiscal year, socioeconomic activity continued to normalise, corporate earnings and personal consumption recovered, and the economy continued to recover gradually.」

    The economic overview for the quarter did not directly mention COVID-19, referring instead to the normalisation of socioeconomic activity.
  2. FY2024-Q1MitigatedAnnual report

    「During the first quarter of the fiscal year, socioeconomic activity moved toward normalisation as restrictions on movement related to COVID-19 were eased, and the economy continued to recover gradually.」

    The easing of restrictions on movement and progress toward normalising socioeconomic activity continued, and the economic impact of COVID-19 was considered to be easing further.
  3. FY2023MitigatedAnnual report

    「During the fiscal year, Japan's economy showed signs of a gradual recovery as the classification of COVID-19 was changed from Category 2 to Category 5 and socioeconomic activity moved toward normalisation.」

    The change in the disease classification and the normalisation of socioeconomic activity were noted, and the economic impact of COVID-19 declined further from the easing trend through the previous fiscal year.
  4. FY2023-Q3MitigatedAnnual report

    「During the nine-month period of the fiscal year, Japan's economy showed signs of recovery, partly due to the effects of various policies aimed at enabling coexistence with COVID-19.」

    The effects of policies aimed at enabling coexistence with COVID-19 produced signs of an economic recovery, and the infection's economic impact continued to ease.
  5. FY2023-Q1MitigatedAnnual report

    「During the first quarter of the fiscal year, Japan's economy showed signs of recovery as restrictions on movement related to COVID-19 countermeasures were eased. However, the outlook remained uncertain due to soaring resource prices and volatility in the financial and capital markets resulting from the unstable global situation and other factors.」

    The easing of restrictions on movement was accompanied by signs of an economic recovery, and the economic impact of COVID-19 was considered to be easing further. However, uncertainty about the outlook remained.
  6. FY2022MitigatedAnnual report

    「Although the impact of the infectious disease on the Group’s operating performance is currently limited, if further spread of the infectious disease adversely affects companies’ economic activities and results in a decline in demand for the services provided by the Group, the Group’s operating performance could be affected.」

    Although the potential risks of COVID-19 remained, the impact on results at that point was described as limited, indicating a further easing from the period of previous adverse effects.
  7. FY2022-Q3MitigatedAnnual report

    「During the nine-month period of the fiscal year, Japan's economy showed signs of a recovery in economic activity as COVID-19 vaccinations and therapeutic drugs became more widespread.」

    A recovery in economic activity accompanying the wider adoption of vaccinations and therapeutic drugs was evident, and the economic impact of COVID-19 eased further from the recovery phase described previously.
  8. FY2022-Q1MitigatedAnnual report

    「During the first quarter of the fiscal year, Japan's economy remained in a difficult situation due to the impact of COVID-19. However, the number of new infections was trending downward as vaccinations became more widespread nationwide, and moves toward normalising economic activity began to emerge, including the lifting of the state of emergency declaration at the end of September.」

    While the difficult economic conditions caused by COVID-19 continued, developments toward normalising economic activity were evident, including vaccinations, a decline in new infections and the lifting of the state of emergency declaration.
  9. FY2021MitigatedAnnual report

    「Although corporate hiring activity continued to show a cautious trend due to the impact of COVID-19, hiring activity has recently been recovering.」

    Although the adverse impact of COVID-19 on hiring activity continues, recent hiring activity and the BizReach business are described as being on a recovery trend and recovering strongly, indicating that the impact has eased somewhat from the deterioration seen previously.
  10. FY2021-Q3MaterialisedAnnual report

    「The difficult situation continued, with restrictions on economic activity imposed following the reissuance of the state of emergency declaration in response to the spread of COVID-19.」

    The effects of COVID-19 are described as having emerged in the actual business environment through restrictions on economic activity, more cautious corporate hiring activity and hiring restraints by recruiting companies.
Moved together

"Recovery in the BizReach business and expansion of the network" moved the same way as this thread, in the same document, in 8 of its 14 moves.

887744★123456
  1. ★This thread
  2. 1Recovery in the BizReach business and expansion of the network8×
  3. 2Expansion of HRMOS ARR, customer count and ARPU8×
  4. 3Expansion of HRMOS features and rollout in the recruitment management market7×
  5. 4Increase in churn rate due to hiring restraint by recruiting companies7×
  6. 5Building an HCM ecosystem through HRMOS and BizReach4×
  7. 6Risk of recovering investments and goodwill impairment associated with M&A and other transactions4×

★ 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 Visional yet. It last moved in the Financial results briefing materials of 2026-09-10: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Impact of COVID-19 on the economy and hiring environment | Visional,Inc. (4194) | Komori