Impact of COVID-19 on Customer Investment, Supply and Sales Activities
First written in FY2020. 4 of 12 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026.
BeMap moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 5 of 16 companies on the "Worse" side.
19 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「During the consolidated fiscal year under review, Japan's economy continued on a gradual recovery trend as the normalization of the movement of people and economic activity progressed further, the employment and income environment improved, and personal consumption and inbound demand recovered.」
The company disclosed the normalization of the movement of people and economic activity and the recovery of personal consumption and inbound demand, while stating that the previous impact of COVID-19 on customer activity is easing. - FY2026-H1MitigatedAnnual report
「During the interim consolidated accounting period under review, Japan's economy continued on a gradual recovery trend as the normalization of the movement of people and economic activity progressed further, the employment and income environment improved, and personal consumption and inbound demand recovered.」
The company stated that the normalization of the movement of people and economic activity progressed further and that personal consumption and inbound demand recovered. The previous business impact of COVID-19 continues to ease. - FY2025MitigatedAnnual report
「All businesses are gradually moving beyond the impact of COVID-19.」
The disclosure has changed to state that all businesses are gradually moving beyond the impact of the pandemic on customer investment, the movement of people, and events. - FY2024RestatedAnnual report
「The impact of COVID-19 remained across all businesses. In particular, investment by railway operators, which are customers of the Mobility Innovation business, has not fully recovered, while the recovery of large-scale events in the distribution industry, a major customer base of the Solutions business, has also stalled.」
Although the recovery in the movement of people is progressing, investment by railway operators and large-scale events in the distribution industry have not yet fully recovered, and the company has stated that the impact of COVID-19 remains. - FY2024-Q2RestatedAnnual report
「Our core business had traditionally been the development and operation of Wi-Fi cloud management systems, primarily for inbound demand, in collaboration with telecommunications operators. As demand has yet to recover amid the COVID-19 pandemic and the transition to life with COVID-19, we are also pursuing areas such as IoT and private 5G using various wireless devices, while aiming to restore the scale of our business.」
The company continues to disclose that demand for Wi-Fi services previously aimed at inbound visitors has not recovered because of the COVID-19 pandemic and the transition to life with COVID-19. - FY2023-Q1RestatedAnnual report
「During the three months ended 30 June, economic stagnation and uncertainty over business conditions intensified due to the continuing spread of COVID-19, Russia's invasion of Ukraine and the resulting inflation in energy and food prices, and the rapid depreciation of the yen.」
As COVID-19 continues without reaching containment, the company continues to disclose risks related to economic stagnation and the impact on customer activity. - FY2022-Q3RestatedAnnual report
「Transportation operators, including railways targeted by the Mobility Innovation business, and distribution operators targeted by the Solutions business were directly affected by the contraction in economic activity accompanying the spread of COVID-19. They showed a tendency to postpone IT investment and advertising and promotional activities, which affected our Group.」
The contraction in economic activity among transportation and distribution operators resulting from the spread of COVID-19 continues to affect business and results through postponed IT investment and advertising and promotional activities. - FY2022-Q1MaterialisedAnnual report
「Particularly in the Wireless Innovation business, sales and gross profit fell below the year-earlier period because there were no large projects of the type recorded in the corresponding period of the previous fiscal year, and the operating loss widened.」
With COVID-19 continuing, the impact on inbound demand and customer activity has persisted and appeared as a deterioration in first-quarter results. - FY2021-Q3MaterialisedAnnual report
「Transportation operators, including railways targeted by the Mobility Innovation business, and distribution operators targeted by the Solutions business were directly affected by the contraction in economic activity accompanying the spread of COVID-19. They showed a tendency to postpone IT investment and advertising and promotional activities, which affected our Group.」
The contraction in economic activity among transportation and distribution operators resulting from the spread of COVID-19 has affected actual business and results through postponed IT investment and advertising and promotional activities. - FY2021-Q2MaterialisedAnnual report
「Transportation operators, including railways targeted by the Mobility Innovation business, and distribution operators targeted by the Solutions business were directly affected by the contraction in economic activity accompanying the spread of COVID-19. They showed a tendency to postpone IT investment and advertising and promotional activities, which affected our Group.」
The contraction of customers' economic activity resulting from the spread of COVID-19 affected actual results through transportation and distribution operators postponing IT investment and advertising and promotional activities. - FY2021-Q1MaterialisedAnnual report
「As commercial facilities and other businesses repeatedly curtailed operations amid the spread of the coronavirus, it became difficult to build up a pipeline of projects.」
The contraction of customer facility operations caused by COVID-19 has manifested itself in actual business activities as greater difficulty in building up projects. - FY2020First statedAnnual report
「The spread of COVID-19 has affected economic activity worldwide, and prospects for recovery remain uncertain. The occurrence of infections among our Group, business partners, or customers, shortages or delays in equipment supplies from manufacturers, and future measures by government authorities in Japan and overseas could affect our ability to continue providing products and services. In addition, changes in market conditions arising from a future slowdown in economic activity could change market trends in our Group's business areas and customers' IT investment trends, potentially affecting our Group's business.」
The company has identified the business impact of COVID-19 through infections, equipment supply shortages or delays, government measures, customer IT investment trends, and market changes as a new standalone risk. Although the impact on the consolidated fiscal year under review was considered minor, the future impact remains uncertain.