Business Impact of the COVID-19 Pandemic
First written in FY2020-Q1. 8 of 16 entries say "Mitigated", first in FY2021-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023MitigatedAnnual report
「During the consolidated fiscal year under review, Japan's economy showed signs of a gradual recovery as restrictions on activity related to COVID-19 were lifted and economic and social activity moved toward normalization.」
Describes the lifting of restrictions on activity related to COVID-19 and the normalization of economic and social activity, indicating that the impact of the external environment has eased compared with before. - FY2023MitigatedAnnual report
「During the consolidated fiscal year under review, Japan's economy showed signs of a gradual recovery as restrictions on activity related to COVID-19 were lifted and economic and social activity moved toward normalization.」
Describes the lifting of restrictions on activity related to COVID-19 and the normalization of economic and social activity, indicating that the impact of the external environment has eased compared with before. - FY2023-Q3MitigatedAnnual report
「During the cumulative third quarter of the consolidated fiscal year under review, Japan's economy showed signs of a gradual recovery as restrictions on activity related to COVID-19 were lifted and economic and social activity moved toward normalization.」
Describes the lifting of restrictions on activity related to COVID-19 and the normalization of economic and social activity, indicating that the impact of the external environment has eased compared with before. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan's economy showed signs of a gradual recovery as restrictions on activity related to COVID-19 were eased.」
Describes the easing of restrictions on activity related to COVID-19 and the recovery of the economy. No new business impact specific to the Company is described. - FY2023-Q1MitigatedAnnual report
「During the cumulative first quarter under review, Japan's economy showed signs of a gradual recovery, despite some weakness, as restrictions on activity related to COVID-19 were eased.」
Describes the easing of restrictions on activity related to COVID-19 and the recovery of the economy. No new business impact specific to the Company is described this time either. - FY2022MitigatedAnnual report
「During the current fiscal year, Japan’s economy saw progress toward the normalization of economic and social activity as the severe conditions caused by COVID-19 eased, with signs of a gradual recovery in economic activity.」
Describes the easing of the severe conditions caused by COVID-19 and the normalization of economic and social activity. - FY2022-Q3MitigatedAnnual report
「During the cumulative nine-month period under review, Japan’s economy saw progress toward the normalization of economic and social activity as the severe conditions caused by COVID-19 eased, with signs of a gradual recovery in economic activity.」
The Company describes the easing of the severe conditions caused by COVID-19 and the normalization of economic and social activity. It does not state that any new company-specific business impact occurred this time. - FY2022-Q1RestatedAnnual report
「However, amid uncertainty arising from the situation in Ukraine and other factors, it is necessary to pay close attention to downside risks from higher raw material prices and volatility in financial and capital markets, while also closely monitoring the impact of infectious diseases.」
The Company states that the impact of the pandemic on the business must continue to be monitored. It does not state that company-specific effects have occurred this time. - FY2021MitigatedAnnual report
「Against this backdrop, the consulting business progressed steadily, as online consulting and training became established, there was no material impact from COVID-19, and orders increased in the CASE areas.」
The Company states that there was no material business impact from COVID-19 because online services had become established. - FY2021-Q3RestatedAnnual report
「Online consulting and training have become established, limiting the impact of COVID-19, and the business is progressing well.」
Although the impact of COVID-19 continues, the Company continues to explain that it is limited because online consulting and training have become established. - FY2021-Q2RestatedAnnual report
「Online consulting and training have become established, limiting the impact of COVID-19, and the business is progressing well.」
Although the impact of COVID-19 continues, the Company continues to explain that it is limited because online consulting and training have become established. - FY2021-Q1MitigatedAnnual report
「Online consulting and training have become established, limiting the impact of COVID-19, and the business is progressing well.」
Although the impact of COVID-19 continues, the Company states that it is limited because online services have become established. - FY2020MaterialisedAnnual report
「Against this backdrop, the consulting business was affected by requests from some customers to suspend operations and postponements of training services due to COVID-19, resulting in lower revenue and lower profit. At the same time, the Company focused on investment activities for growth.」
The effects of customer requests to suspend operations and training postponements due to COVID-19 were reflected in full-year results, resulting in lower revenue and lower profit. - FY2020-Q3MaterialisedAnnual report
「Due to the impact of COVID-19, the consulting business was affected by requests from some customers to suspend operations and postponements of training services. However, we began offering services adapted to the new normal, namely the “Total Consulting Service Online Plan” and “Online Training,” in June.」
While the effects of requests from some customers to suspend operations and postponements of training services continued, the Company states that it began offering services adapted to the new normal in June. - FY2020-Q2MaterialisedAnnual report
「Due to the impact of COVID-19, the consulting business has been affected by project suspensions at some customers, consultants being required to stay home and postponements of training services. As of the filing date, the timing of the end of the COVID-19 pandemic remains uncertain, and a prolonged impact could affect the Company’s financial position and operating results.」
The previous quarter stated that the Company would monitor the impact of the spread of COVID-19, whereas this time it states that specific effects on the business have actually occurred, including project suspensions, personnel staying home and training postponements. It also notes the potential impact on operating results and financial position if the situation persists. - FY2020-Q1First statedAnnual report
「There were no new business risks or material changes to the business risks described in the annual securities report for the previous fiscal year during the three-month period ended 30 June. The company will continue to monitor the impact of the COVID-19 pandemic on its business.」
The Company has disclosed the business impact of the spread of COVID-19 for the first time and stated that it will continue to monitor developments. It has not stated that company-specific effects have already occurred.