Risk of Demand Weakness and Project Delays Due to the COVID-19 Pandemic
First written in FY2021. 4 of 7 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2024-Q2.
The whole theme swung hardest in 2024: 5 of 21 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2024-Q2MitigatedAnnual report
「After the transition of COVID-19 to Category V under Japan’s infectious disease classification system, economic activity normalized and the economy continued to recover gradually.」
States that economic activity has been normalizing since COVID-19 was reclassified as a Category V infectious disease. - FY2023-Q3MitigatedAnnual report
「Although the difficult situation caused by COVID-19 is gradually easing,」
The Company indicates that the difficult situation caused by COVID-19 is gradually easing. It states that there have been no material changes in business and other risks. - FY2022MitigatedAnnual report
「As part of its sales policy during the COVID-19 pandemic, the Group has focused on digital marketing and achieved results. It also recommends teleworking and has implemented measures to prevent infection, including staggered working hours and alcohol disinfection when employees come to the office.」
While the possibility of an impact on performance from infectious diseases remains, the Company describes its measures and results, including digital marketing, teleworking, staggered working hours and disinfection. - FY2022-Q3RestatedAnnual report
「Although the Company does not expect a significant impact on the Group based on the infection situation as of the end of the current quarterly consolidated accounting period, if the infection situation changes significantly in the future, this could affect the Group's performance.」
While maintaining its assessment that no significant impact from COVID-19 is expected as of the filing date, the Company continues to disclose the possibility of an impact on performance resulting from changes in the infection situation. - FY2022-Q2RestatedAnnual report
「Although the Company does not expect a significant impact on the Group based on the infection situation as of the filing date, if the infection situation changes significantly in the future, this could affect the Group's performance.」
While maintaining its assessment that no significant impact is expected as of the filing date, the Company continues to disclose the possibility of an impact on performance resulting from changes in the infection situation. - FY2022-Q1MitigatedAnnual report
「Although the Company does not expect a significant impact on the Group based on the infection situation as of the filing date, if the infection situation changes significantly in the future, this could affect the Group's performance.」
Whereas the previous fiscal year disclosure stated that embedded contracted projects had been frozen, scaled back or rescheduled, the current quarterly report assesses that no significant impact is expected as of the filing date. However, it continues to disclose the possibility of an impact if the infection situation changes. - FY2021MaterialisedAnnual report
「As the COVID-19 pandemic lasted longer than expected and infections spread, its impact on manufacturers widened. Some customers froze or scaled back projects, including orders already received, or revised their timing. These effects occurred in part of our contracted embedded development projects within IoT services.」
Also notes increased demand for device authentication and electronic authentication for telework.