Business Impact of the COVID-19 Pandemic
First written in FY2020-Q3. 5 of 11 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The Group has established a policy for responding to COVID-19 in order to respond promptly in an emergency, based on the assumption that threats such as a government-declared state of emergency due to the spread of the infection and clusters of infected people at its workplaces could materialize.」
The Company continues to address infection risks and maintain business continuity measures, including a response policy and the introduction of systems enabling employees to work from home. - FY2023MitigatedAnnual report
「The Group has experienced no suspension of business activities or other disruption associated with the spread of COVID-19, and the impact on sales was limited.」
The Company explained that there was no suspension of business activities due to the spread of the infection and that the impact on sales was limited. - FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions regarding the impact of COVID-19 used in accounting estimates, as described in the “Additional Information” section of the securities report for the previous consolidated fiscal year.」
The Company reconfirmed that there had been no material changes to the assumptions regarding the impact of COVID-19 used in accounting estimates. quantified is false and materialized is false. - FY2022MitigatedAnnual report
「For the fiscal year ending June 2023 as well, the Group assumes that it has experienced no direct impact, such as suspension of business activities, due to COVID-19 and that there will be no significant change in this situation going forward.」
The Company stated that there had been no direct impact, such as suspension of business activities, due to the pandemic, and incorporated into its earnings forecasts the assumption that business continuity, including the use of teleworking and online meetings, would remain possible. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the consolidated fiscal year, concerns remained over the impact on the Japanese economy of the resurgence of COVID-19, semiconductor shortages, Russia's invasion of Ukraine and higher crude oil prices, among other factors, and the outlook remained uncertain.」
The Company continues to disclose concerns about the economic impact of a resurgence of COVID-19. It also states that there have been no material changes to the assumptions regarding the impact of COVID-19 used in accounting estimates. quantified is false and materialized is false. - FY2022-Q1RestatedAnnual report
「Although progress in COVID-19 vaccination and a recovery in economic activity are expected, the end of the COVID-19 pandemic remains unforeseeable, various restrictions remain in place, and concern about its continued impact on economic activity persists, even as corporate sentiment shows signs of improvement.」
While referring to the prospects for vaccination progress and a recovery in economic activity, the Company continues to state that the end of the COVID-19 pandemic remains unforeseeable and that concern about its impact on economic activity persists. - FY2021MitigatedAnnual report
「The Group has experienced no suspension of business activities or other disruption associated with the spread of COVID-19. Although some customers reduced their IT investment budgets or postponed projects due to deteriorating performance, the impact on sales was limited because the Group has low dependence on any particular customer and serves a broad range of industries.」
Although some reductions in IT investment budgets and project postponements occurred, the Company explained that there were no suspensions of business activities and that the impact on sales was limited because its customer base was diversified. - FY2021-Q3RestatedAnnual report
「The pace of IT investment has begun to vary, with some companies reducing their budgets depending on their individual performance.」
The Company explained that the deterioration in corporate performance caused by COVID-19 and other factors continues to appear in reductions in IT investment budgets and variations in investment. - FY2021-Q2MaterialisedAnnual report
「The pace of IT investment has begun to vary, with some companies reducing their budgets depending on their individual performance.」
The Company explained that the deterioration in corporate performance caused by COVID-19 and other factors has concretely appeared in reductions in IT investment budgets and variations in investment. - FY2021-Q1MaterialisedAnnual report
「The pace of IT investment has begun to vary, with some companies reducing their budgets depending on their individual performance.」
The Company explained that the stagnation of economic activity caused by the spread of the infection has materialized in actual reductions in corporate budgets and variations in IT investment, indicating that the business impact of the spread of COVID-19 has become concrete. - FY2020-Q3First statedAnnual report
「The Company will continue to monitor the impact of the spread of COVID-19 on its business.」
While stating that there had been no material changes to the existing business risks, the Company has for the first time separately identified the business impact of the spread of COVID-19 as an item to be monitored.