Business Impact of COVID-19
First written in FY2022. 2 of 3 entries say "Softened", first in FY2023-Q3. Latest entry: FY2023.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2023SoftenedAnnual report
「The impact of the spread of COVID-19 and other infectious diseases on the Group’s operating performance is currently considered minor, but depending on the future spread of infections, the Group’s business activities, operating results, and other matters may be affected.」
The impact of COVID-19 is described as “minor at present,” weakening the previous description of a material impact on customers, although the possibility of a renewed spread remains. - FY2023-Q3SoftenedAnnual report
「Although the easing of restrictions related to COVID-19 is gradually restoring the social and economic activity seen before the pandemic, the outlook remains uncertain, with concerns including surging raw material prices, resulting inflation, and an economic downturn caused by global monetary tightening.」
Regarding COVID-19, the disclosure indicates that restrictions have been eased and social and economic activity has recovered, weakening the previous description of its business impact. However, uncertainty over the outlook remains. - FY2022First statedAnnual report
「Some customers have been materially affected in their businesses by stagnant domestic economic activity and measures such as being forced to close their stores. The impact on these customers may temporarily slow the pace of the Company’s growth.」
The disclosure describes both increased demand for contactless services and the effects of stagnant customer economic activity and employee infections.