Slower New Contracts and Increase in ASP Cancellations Due to COVID-19
First written in FY2022. 1 of 2 entries say "Reframed", first in FY2023. Latest entry: FY2023.
VALUENEX Japan moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2020: 6 of 13 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「If natural disasters such as earthquakes, tsunamis and typhoons, fires, or infectious diseases affect the businesses of the company's customers, the pace of acquiring new contracts may slow, while orders for consulting services may decline and cancellations of ASP services may increase as customers review their business costs.」
The scope was expanded from the previous risk specific to new contracts and ASP cancellations related to COVID-19 to broader risks encompassing natural disasters and other external events, including earthquakes, tsunamis, typhoons, fires and infectious diseases. - FY2022First statedAnnual report
「If the spread of COVID-19 causes companies to become more cautious in their investment behavior, the pace of acquiring new contracts may slow, and cancellations of ASP services may increase as existing customers review their costs.」
The company has newly disclosed an individual risk that COVID-19 could affect new contracts and continued use of ASP services through its impact on corporate investment behavior and existing customers' cost reviews.