Risk of order intake and development delays due to the spread of COVID-19
First written in FY2020. 6 of 13 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2024.
Itfor 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: 23 of 48 companies on the "Worse" side.
18 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual report
「With COVID-19 reclassified as a Category 5 disease under the Infectious Diseases Control Law, socioeconomic activity has been moving toward normalization after the pandemic, and the economy saw a gradual recovery, including a slight year-on-year increase in GDP.」
The risk of order and development delays caused by the spread of COVID-19, which had previously been listed as a business risk, is not included as a separate item in the current year's risk list. - FY2024-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of order and development delays caused by the spread of COVID-19. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no occurrences of major risks that management recognizes could materially affect the financial condition, operating results or cash flow of the consolidated companies among the matters concerning the business and financial conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of order and development delays caused by the spread of COVID-19. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no occurrences of major risks that management recognizes could materially affect the financial condition, operating results or cash flow of the consolidated companies among the matters concerning the business and financial conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of order and development delays caused by the spread of COVID-19. - FY2022RestatedAnnual report
「If infections resurge or their global impact persists, the performance of our Group may be affected by restrictions on order-taking activities, delays in software development and supply chain disruptions.」
The company continues to disclose the risks of restrictions on order-taking activities, development delays and supply chain disruptions caused by the resurgence and prolonged duration of infections. - FY2022-Q3MaterialisedAnnual report
「During the nine-month period ended the third quarter, the number of BPO projects under consideration was low due to the impact of COVID-19 infections and other factors, and order intake was ¥3,856 million, below the ¥5,209 million recorded in the same period of the previous fiscal year, partly due to the reaction to the receipt of several multi-year projects in the same period of the previous fiscal year.」
The impact of COVID-19 infections has continued to materialize in the form of fewer BPO projects under consideration and order intake below the level of the same period of the previous fiscal year. - FY2022-Q2MaterialisedAnnual report
「During the six-month period ended the second quarter, the number of BPO projects under consideration was low due to the resurgence of infections, including infections caused by COVID-19 variants, and order intake was ¥2,517 million, below the ¥3,715 million recorded in the same period of the previous fiscal year, partly due to the reaction to the receipt of a large order in the same period of the previous fiscal year.」
The resurgence of infections caused by COVID-19 variants has affected the business through a decline in the number of BPO projects under consideration and lower order intake. - FY2022-Q1MitigatedAnnual report
「In addition, the BPO services of a consolidated subsidiary that were affected by COVID-19 in the same period of the previous fiscal year are on a recovery trend.」
The company states that the BPO services of a consolidated subsidiary affected by COVID-19 in the same period of the previous fiscal year are on a recovery trend. - FY2021MaterialisedAnnual report
「In systems for the retail industry, some projects involving systems for department stores and specialty retailers, as well as call center systems, have been affected by COVID-19, including delays in receiving orders and extended development schedules. In addition, a consolidated subsidiary specializing in research services was affected by COVID-19, including the temporary suspension and postponement of some outsourced operations from major customers.」
Delays in receiving orders and extended development schedules caused by COVID-19, as well as the suspension and postponement of outsourced operations, have also been observed in full-year business conditions. - FY2021-Q3MaterialisedAnnual report
「Meanwhile, a consolidated subsidiary specializing in research services has been affected by COVID-19, including the temporary suspension and postponement of some outsourced operations from major customers. Although orders had gradually begun to recover from July 2020, the outlook remains uncertain due to the resurgence of infections, and recovery to pre-COVID levels is expected to take time.」
The suspension and postponement of outsourced operations due to COVID-19 continue, and the resurgence of infections is expected to prolong the recovery. Delays in receiving orders and extended development schedules have also occurred in projects for retailers and call centers. - FY2021-Q2MaterialisedAnnual report
「Meanwhile, some projects involving systems for department stores and specialty retailers, as well as call center systems, have been affected by COVID-19, including delays in receiving orders and extended development schedules.」
Delays in receiving orders and extended development schedules caused by COVID-19 continue to occur in some projects for retailers and call centers. In addition, a consolidated subsidiary specializing in research services temporarily suspended or postponed some outsourced operations from major customers. - FY2021-Q1MaterialisedAnnual report
「Meanwhile, some projects involving call centers and systems for retailers have been affected by delays in orders and other issues resulting from the spread of COVID-19.」
At the end of the previous fiscal year, the potential impact of COVID-19 on order-taking activities had been identified, but it actually materialized as delays in receiving orders for some projects. A temporary suspension of outsourced operations also occurred in the BPO services of a consolidated subsidiary. - FY2020First statedAnnual report
「As COVID-19 continues to spread worldwide, we are working to ensure employee safety by changing work arrangements, including telework, encouraging temperature checks, mask wearing and alcohol disinfection when employees come to the office, and operating our business on a distributed basis. However, if infections spread and the situation persists, the performance of our Group may be affected by delays in order-taking activities and software development.」
The company explicitly identified the global spread of COVID-19 as a new risk. Although the filing company has implemented countermeasures, it states that no impact on business performance had become apparent as of the consolidated fiscal year-end.