Risk of Business and Earnings Impact from the Spread of COVID-19
First written in FY2020-Q3. 5 of 10 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023MitigatedAnnual report
「During the current fiscal year, the domestic economic environment gradually moved toward normalization as constraints on economic activity and other areas caused by three years of COVID-19 eased, and the recovery in personal consumption became more pronounced.」
The company explained that normalization progressed as constraints on economic activity caused by COVID-19 eased, and that the recovery in personal consumption became more pronounced. Although business-environment risks related to COVID-19 remain, the description of economic activity shifted toward easing conditions. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the assumptions, including those concerning the future spread and timing of containment of COVID-19, disclosed in the "Additional Information" section of the annual securities report for the previous fiscal year.」
The company reconfirmed that there had been no material changes to its assumptions concerning COVID-19 from the previous fiscal year. - FY2022-Q3RestatedAnnual report
「The company's operating performance was not affected by COVID-19.」
The company reconfirmed that, despite the continued spread of the disease, its operating performance for the nine-month period of the current fiscal year was not affected by COVID-19. - FY2022-Q2RestatedAnnual report
「The company's operating performance for the second quarter of the current fiscal year was not affected by COVID-19.」
The company reconfirmed that, despite the continued spread of the disease, its operating performance for the second quarter was not affected by COVID-19. - FY2022-Q1RestatedAnnual report
「The company's operating performance for the first quarter of the current fiscal year was not affected by COVID-19.」
The company reconfirmed that, despite the continued spread of the disease, its operating performance for the first quarter of the current fiscal year was not affected by COVID-19. - FY2021MitigatedAnnual report
「To date, the company has had no serious concerns regarding business continuity and has not suffered any material adverse impact.」
The company explained that COVID-19 had not caused any serious business-continuity concerns or material adverse impact. However, it continues to disclose the possibility of lower sales if the situation persists over an extended period. - FY2021-Q3RestatedAnnual report
「In the fourth quarter of the current fiscal year, projects for which the timing of sales recognition may change at the customer's discretion could arise due to the impact of COVID-19, but the company expects no significant impact on its full-year operating forecast.」
While continuing to indicate that the timing of sales recognition may change amid the infectious disease, the company expects no significant impact on its full-year operating forecast. - FY2021-Q1MitigatedAnnual report
「The company's operating performance for the first quarter of the current fiscal year was not affected by COVID-19.」
The company explained that its operating performance for the first quarter of the current fiscal year was not affected by COVID-19, despite the continued spread of the disease. However, external-environment risks, including the economic environment and their impact on transaction volumes processed by card, remain. - FY2020MaterialisedAnnual report
「For the fiscal year ending June 2020, the timing of sales recognition for some projects shifted to the fiscal year ending June 2021 due to the impact of the infectious disease, but the impact remained minor.」
The impact of COVID-19 actually resulted in the recognition of sales from some projects being deferred to the following fiscal year. However, the company described the impact as minor and explained that it had not suffered any material adverse impact during the fiscal year. - FY2020-Q3First statedAnnual report
「The domestic economic environment, which had continued to expand gradually since the beginning of the fiscal year, underwent rapid change due to the spread of COVID-19 and other factors, and economic conditions are currently weak.」
The company first identified the rapid economic deterioration caused by the spread of COVID-19 as an independent business-environment and operating-performance risk. While opportunities to meet with customers decreased and overseas travel was suspended, no adverse impact on operating performance, such as business delays or significant costs, had arisen as of the quarter-end. The company also indicated that delays in development projects and product deliveries could defer the recognition of sales from projects planned for the current fiscal year to the fiscal year ending June 2021, potentially causing operating performance for the fiscal year ending June 2020 to fall short of forecast.