Risk of economic fluctuations and declining IT investment
First written in FY2019. 3 of 10 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2024-Q1.
Hennge K.K. 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 2020: 8 of 10 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, economic activity in Japan was moving towards normalisation, but the economic outlook remained uncertain due to changes in the global economic environment.」
While economic activity was moving towards normalisation, the disclosure continued to describe uncertainty about the economic outlook due to changes in the global economic environment. - FY2023-Q3Uncertainty caused by eased COVID-19 restrictions and changes in the global economic environmentAnnual report
「During the nine-month period ended 31 December, various restrictions related to COVID-19 were eased in Japan, but the economic outlook remained uncertain due to changes in the global economic environment.」
While describing the easing of various restrictions related to COVID-19, the disclosure indicated uncertainty about the economic outlook due to changes in the global economic environment. - FY2023-Q2Further easing of restrictions on activity and continued economic normalisationAnnual report
「During the six-month period ended 30 September, restrictions on activity related to COVID-19 were eased further and economic activity moved towards normalisation, but the economic outlook remained uncertain due to factors including advancing inflation.」
While describing the further easing of restrictions on activity and the normalisation of economic activity, the disclosure continued to indicate uncertainty about the economic outlook due to advancing inflation. - FY2023-Q1Economic normalisation amid COVID-19 measures, with uncertainty caused by inflationAnnual report
「During the three-month period ended 30 June, economic activity in Japan moved towards normalisation while measures were taken to prevent the spread of COVID-19, but the economic outlook remained uncertain due to factors including advancing inflation.」
While economic activity moved towards normalisation amid measures to contain COVID-19, the disclosure described uncertainty about the economic outlook due to advancing inflation. - FY2022The easing of COVID-19 impacts coincides with rising prices and global instabilityAnnual report
「During the fiscal year, restrictions on activity related to COVID-19 were eased and economic activity gradually resumed in Japan. However, the economy is expected to remain unstable due to factors including the outbreak of the Ukraine crisis and ongoing price increases.」
While stating that COVID-19-related constraints had eased, the disclosure described economic instability due to the Ukraine crisis and rising prices. - FY2022-Q3The impact of COVID-19 is easing, but uncertainty persistsAnnual report
「During the nine-month period ended 31 December, the impact of COVID-19 on the Japanese economy began to subside and economic activity was gradually resuming, but the outlook remained uncertain amid the destabilisation of global conditions, including the Ukraine crisis.」
While indicating that the impact of COVID-19 was subsiding and economic activity was gradually resuming, the disclosure continued to describe uncertainty about the outlook due to factors including the Ukraine crisis. - FY2022-Q2WorsenedAnnual report
「During the six-month period ended 30 September, the Japanese economy remained uncertain, as concerns that the spread of new COVID-19 variants would constrain future economic activity could not be dispelled, while global conditions became unstable due to factors including the Ukraine crisis.」
In addition to new variants, the disclosure explicitly identified the destabilisation of global conditions, including the Ukraine crisis, as a factor contributing to the uncertain economic outlook. - FY2020WorsenedAnnual report
「During the fiscal year, particularly due to the impact of COVID-19, restrictions on overseas travel and constraints on in-person activities raised concerns about a certain degree of impact on generating new leads and acquiring new contracts. There were also concerns about service cancellations and a decline in the number of users due to factors such as a decrease in the number of employees at user companies accompanying a future economic downturn, as well as delays in the hiring of global talent and the acceptance of global interns.」
COVID-19 gave rise to specific concerns regarding sales opportunities, the acceptance of talent, contract renewals and the number of users. - FY2020-Q3WorsenedAnnual report
「The Japanese economy deteriorated sharply due to the worldwide spread of COVID-19 and the associated calls for voluntary restraint, while the outlook remained uncertain.」
In connection with economic fluctuation risk, the disclosure described the sharp deterioration in economic conditions and the uncertain outlook resulting from the global spread of COVID-19 and calls for voluntary restraint. - FY2019First statedAnnual report
「If economic conditions or business trends change in the future and IT investment tends to decline, the Group's business and performance may be affected.」
The company discloses the digitalisation of businesses and IT investment as a premise of its operating environment, and any decline in these areas as a risk.