Revenue fluctuations due to infection trends and system changes
First written in FY2022. 4 of 7 entries say "Materialised", first in FY2023-Q3. Latest entry: FY2024.
Fixer moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「This resulted from lower use of the automated outbound calling service supporting health monitoring following the reclassification of COVID-19 to a category equivalent to Class 5 and the decline in infections, which reduced revenue from the Ministry of Health, Labour and Welfare by ¥3,607 million.」
The transition to a category equivalent to Class 5 and the decline in infections reduced use of automated outbound calling, resulting in a ¥3,607 million decline in revenue from the Ministry of Health, Labour and Welfare and lower company-wide revenue. - FY2024-Q2MaterialisedAnnual report
「SaaS revenue was ¥27 million, down 98.4% year on year, due to a substantial decline in use of the automated outbound calling service.」
The impact of lower use of the automated outbound calling service on SaaS revenue continued, with revenue of ¥27 million, down 98.4% year on year. - FY2024-Q1MaterialisedAnnual report
「Use of automated outbound calling for health monitoring declined substantially, but the results of the business transformation are beginning to emerge in SaaS, including steady progress in GaiXer deployments.」
Use of the automated outbound calling service for health monitoring remained low, and SaaS revenue was ¥14 million, down 98.5% year on year. The impact of infection trends and policy changes on revenue has become evident in the figures. - FY2023-Q3MaterialisedAnnual report
「Use of the automated outbound calling service supporting health monitoring declined substantially as the number of infections fell and COVID-19 was reclassified to a category equivalent to Class 5.」
The Company stated that lower infections and the reclassification of COVID-19 to a category equivalent to Class 5 had resulted in a decline in use of the automated outbound calling service. The risk to health-monitoring-related revenue has materialized. - FY2023-Q2RestatedAnnual report
「Use of the automated outbound calling service supporting health monitoring has been slightly above the previous forecast.」
The Company stated that use of the automated outbound calling service was slightly above expectations. There was no material change to the underlying risk of revenue fluctuations due to infection trends or policy changes. - FY2023-Q1RestatedAnnual report
「For the automated outbound calling service supporting health monitoring, a simplification of comprehensive case tracking began on 26 September 2022. However, the number of infected people reached approximately 5.8 million in the first-quarter cumulative period, substantially exceeding the annual assumption of 1 million, and revenue exceeded expectations.」
Although simplified case tracking had begun, infections and revenue from automated outbound calling remained above expectations. The risk of future revenue fluctuations due to infection trends and policy changes remains. - FY2022First statedAnnual report
「Revenue and profit in the fiscal year ended August 2022 were affected by increased use of the system as COVID-19 spread. Going forward, changes in infection trends or policies could cause the system to fall out of use and slow the growth rate of related revenue and profit.」
The Company describes the actual impact of the spread of COVID-19 on revenue and profit alongside the risk of a subsequent slowdown or policy changes.