Demand fluctuations caused by disasters, accidents and social unrest
First written in FY2017. 9 of 17 entries say "Restated". Latest entry: FY2024.
Vector moved to the "Worse" side of this theme in 2020.
5 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Corporate advertising and public relations budgets tend to be susceptible to the impact of natural disasters, disruptions to electricity and other social infrastructure, distribution disruptions, major accidents, epidemics, a resurgence of a pandemic, war, terrorism, political instability and social unrest.」
The impact of disasters, accidents, infectious diseases and war, among other factors, on advertising and public relations budgets continues to be disclosed as a principal risk, with an employee safety confirmation system, a remote-work environment and consideration of a BCP identified as response measures. - FY2024-Q2RestatedAnnual report
「We will continue to closely monitor the future course of the impact of the spread of COVID-19 on our businesses.」
The Group states that it will continue to monitor the impact of the spread of COVID-19 on its business. - FY2024-Q1RestatedAnnual report
「We will continue to closely monitor the future course of the impact of the spread of COVID-19 on our businesses.」
The Group states that it will continue to monitor the impact of the spread of COVID-19 on its business. - FY2023MitigatedAnnual report
「Although it is difficult to predict when the COVID-19 pandemic will subside, the Group captured corporate marketing demand despite being affected to some extent by the spread of COVID-19, and the impact during the current consolidated fiscal year was minor.」
Although the infectious disease risk continues, the Group explains that its impact during the current fiscal year was minor because it captured marketing demand. - FY2023-Q2RestatedAnnual report
「We will continue to closely monitor the future course of the impact of the spread of COVID-19 on our businesses.」
The Group states that it will continue to monitor the impact of the spread of COVID-19 on its business. - FY2023-Q1RestatedAnnual report
「We will continue to closely monitor the future course of the impact of the spread of COVID-19 on our businesses.」
The Group states that it will continue to monitor the impact of the spread of COVID-19 on its business. - FY2022MitigatedAnnual report
「Although the Group was affected to some extent by the spread of COVID-19, it captured corporate marketing demand, and the impact during the current consolidated fiscal year was minor.」
Although the infectious disease risk continues to be disclosed, the Group explains that its impact during the current fiscal year was minor because it captured marketing demand. - FY2022-Q3RestatedAnnual report
「We will continue to closely monitor the future course of the impact of the spread of COVID-19 on our businesses.」
The Group states that it will continue to monitor the impact of the spread of COVID-19 on its business. - FY2022-Q1RestatedAnnual report
「We will continue to closely monitor the future course of the impact of the spread of COVID-19 on our businesses.」
The Group states that it will continue to monitor the impact of the spread of COVID-19 on its business. In the risk section, it states that there are no new risks or material changes. - FY2021WorsenedAnnual report
「The PR and advertising businesses were significantly affected by COVID-19 throughout the fiscal year, as companies curtailed their marketing activities following the declaration of a state of emergency and advertising placements on taxi signage declined because people were restricted from going out.」
The infectious disease risk materialized throughout the fiscal year as a decline in taxi signage advertising placements and lower revenue and earnings in the domestic and overseas PR businesses. - FY2021-Q3Impact continues, partial recoveryAnnual report
「In the third quarter of the consolidated fiscal year, the deficit narrowed as revenue increased with the recovery in orders and selling, general and administrative expenses declined following the closure of business locations and other measures.」
Although the impact of COVID-19 on demand in the HR and other businesses continued, the deficit narrowed as orders recovered and business locations were closed. - FY2021-Q2MaterialisedAnnual report
「Meanwhile, in the HR (Human Resources) business among the business areas acquired by the Group in recent years through M&A and other transactions, the Group had been working to establish and optimize its operating structure. However, the number of business meetings with decision-makers and others declined as economic activity was curtailed following the declaration of a state of emergency, and the number of orders fell sharply in the first quarter of the consolidated fiscal year. Although the number of business meetings with decision-makers and others was trending upward in the second quarter of the consolidated fiscal year, after the state of emergency was lifted, the number of orders fell short of expectations because the financial condition of prospective customers had deteriorated.」
Demand fluctuations caused by COVID-19 continued to materialize in the HR business as a decline in business meetings and a decrease in, and stagnation of, orders. - FY2021-Q1MaterialisedAnnual report
「The PR and advertising businesses were significantly affected by COVID-19, as companies curtailed their marketing activities following the declaration of a state of emergency and advertising placements on taxi signage declined because people were restricted from going out.」
The demand fluctuations from infectious diseases previously described as a possibility actually occurred in the form of curtailed marketing activities, restrictions on going out and a decline in advertising placements on taxi signage. - FY2020WorsenedAnnual report
「In particular, if the spread of COVID-19 does not subside and continues for an extended period, the global macroeconomic environment could deteriorate and affect the advertising and public relations markets. The Group is taking proactive measures, such as switching various events to online formats, but depending on developments in the global economy, the Group's performance could be affected.」
The previously identified risk of disasters and infectious diseases expanded into specific risks involving the global spread of COVID-19 and its impact on the advertising and public relations markets. The switch to online events is also described. - FY2019RestatedAnnual report
「Corporate advertising and public relations budgets tend to be susceptible to the impact of natural disasters, disruptions to electricity and other social infrastructure, distribution disruptions, major accidents, epidemics, war, terrorism, political instability and social unrest.」
The risk of demand fluctuations associated with disasters, accidents, infectious diseases, war and political instability, among other factors, continues to be disclosed. - FY2018RestatedAnnual report
「Corporate advertising and public relations budgets tend to be susceptible to the impact of natural disasters, disruptions to electricity and other social infrastructure, distribution disruptions, major accidents, epidemics, war, terrorism, political instability and social unrest.」
The risk of demand fluctuations caused by disasters, accidents, infectious diseases, war and political instability, among other factors, continues to be disclosed. - FY2017First statedAnnual report
「Corporate advertising and public relations budgets tend to be susceptible to the impact of natural disasters, disruptions to electricity and other social infrastructure, distribution disruptions, major accidents, epidemics, war, terrorism, political instability and social unrest.」
The impact of disasters, accidents, infectious diseases, war and political instability on advertising and public relations budgets is disclosed as a risk.