Sharp decline in the number of overseas assignees and business travelers
First written in FY2016. 13 of 20 entries say "Restated". Latest entry: FY2025-H1.
Emergency Assistance Japan moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Although travel between Japan and other countries has returned to normal and the number of overseas travelers is trending upward, it has not fully recovered to the level prevailing before the spread of COVID-19. The possibility that this situation may continue for an even longer period cannot be ruled out, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
While indicating a recovery trend in international travel and the number of overseas travelers, the Group continues to disclose the failure to return to pre-pandemic levels and the risk of an adverse impact on business results if this persists. - FY2024RestatedAnnual report
「Although travel between Japan and other countries has returned to normal and the number of overseas travelers is trending upward, it has not fully recovered to the level prevailing before the spread of COVID-19. The possibility that this situation may continue for an even longer period cannot be ruled out, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
While acknowledging the recovery in international travel and the number of overseas travelers, the Group continues to identify the failure to return to pre-pandemic levels and the risk of an adverse impact on business results from a prolonged recovery. - FY2024-H1RestatedAnnual report
「Although travel between Japan and other countries has returned to normal and the number of overseas travelers is trending upward, it has not fully recovered to the level prevailing before the spread of COVID-19. The possibility that this situation may continue for an even longer period cannot be ruled out, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
While international travel and the number of overseas travelers are trending toward recovery, they have not returned to pre-pandemic levels, and the risk of an adverse impact on business results from a prolonged recovery continues to be disclosed. - FY2023MitigatedAnnual report
「Although travel between Japan and other countries is gradually returning to normal and the number of overseas travelers is trending upward, it has not fully recovered to the level prevailing before the spread of COVID-19.」
Although international travel and the number of overseas travelers are trending toward recovery and the risk of a sharp decline in demand is easing, they have not fully recovered to pre-pandemic levels. - FY2023-Q2MitigatedAnnual report
「Although travel between Japan and other countries is gradually returning to normal and the number of overseas travelers is trending upward, the impact of COVID-19 has not been completely eliminated. The possibility that the impact of this state of emergency may continue for an extended period is also anticipated, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
Although international travel and the number of overseas travelers are trending toward recovery and the risk of a sharp decline in demand is easing, the residual impact of the infectious disease and the possibility of a prolonged impact continue to be disclosed. - FY2022MitigatedAnnual report
「Although travel between Japan and other countries is gradually returning to normal and the number of overseas travelers is trending upward, the impact of the spread of COVID-19 has not been completely eliminated.」
While the number of overseas travelers is trending upward and the risk of a sharp decline in demand is easing, the residual impact of the infectious disease and the possibility of a prolonged impact continue to be disclosed. - FY2022-Q3RestatedAnnual report
「In particular, the possibility that the impact of the global spread of COVID-19 may continue for an extended period is also anticipated, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
The decline in overseas travelers and Japanese expatriates and the risk of deteriorating business results due to a prolonged impact from the infectious disease continue to be disclosed as key risks. - FY2022-Q2RestatedAnnual report
「In particular, the movement of people between Japan and other countries remains restricted due to the global spread of COVID-19, and the substantial declines in the number of Japanese expatriates and overseas travelers continue to be unavoidable. The possibility that this state of emergency may continue for an extended period is also anticipated, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
The substantial decline in the number of Japanese expatriates and overseas travelers, restrictions on international travel, and the risk of deteriorating business results if the impact is prolonged continue to be disclosed as key risks. - FY2022-Q1RestatedAnnual report
「In particular, the movement of people between Japan and other countries remains restricted due to the global spread of COVID-19, and the substantial declines in the number of Japanese expatriates and overseas travelers continue to be unavoidable. The possibility that this state of emergency may continue for an extended period is also anticipated, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
The substantial decline in the number of Japanese expatriates and overseas travelers and the restrictions on international travel continue, and the risk of an adverse impact on business results if the situation is prolonged continues to be disclosed. - FY2021-Q3RestatedAnnual report
「In particular, the movement of people between Japan and other countries remains restricted due to the global spread of COVID-19, and the substantial declines in the number of Japanese expatriates and overseas travelers continue to be unavoidable. The possibility that this state of emergency may continue for an extended period is also anticipated, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
The substantial decline in the number of Japanese expatriates and overseas travelers, restrictions on international travel, and the possibility of a prolonged impact continue to be identified as key risks. - FY2021-Q2RestatedAnnual report
「In particular, the movement of people between Japan and other countries remains restricted due to the global spread of COVID-19, and the substantial declines in the number of Japanese expatriates and overseas travelers continue to be unavoidable. The possibility that this state of emergency may continue for an extended period is also anticipated, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
The substantial decline in the number of Japanese expatriates and overseas travelers, restrictions on international travel, and the possibility of a prolonged impact continue to be disclosed as key risks. - FY2021-Q1RestatedAnnual report
「In particular, the movement of people between Japan and other countries remains restricted due to the global spread of COVID-19, and the substantial declines in the number of Japanese expatriates and overseas travelers continue to be unavoidable. The possibility that this state of emergency may continue for an extended period is also anticipated, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
The substantial decline in the number of Japanese expatriates and overseas travelers, restrictions on international travel, and the possibility of a prolonged impact continue to be disclosed as key risks. - FY2020WorsenedAnnual report
「In particular, the movement of people between Japan and other countries remains restricted due to the global spread of COVID-19, and the substantial declines in the number of Japanese expatriates and overseas travelers continue to be unavoidable. The possibility that this state of emergency may continue for an extended period is also anticipated, in which case there is a risk that the adverse impact on the Group’s business results will continue.」
The sharp declines in the number of Japanese expatriates and overseas travelers became apparent in the full-year results, and the restrictions on international travel and the possibility of a prolonged adverse impact were explicitly stated. - FY2020-Q3RestatedAnnual report
「The overseas medical assistance services for Japanese customers, the Group’s principal business, were limited in the third quarter to providing assistance services to Japanese nationals who remained overseas, as in the second quarter,」
The disclosure continues to state that, following the second quarter, services were limited to Japanese nationals remaining overseas, as the sharp decline in the number of overseas travelers constrained opportunities to provide services. - FY2020-Q2WorsenedAnnual report
「The Group's principal business, medical assistance services for Japanese customers overseas, became limited primarily to providing assistance services to Japanese nationals remaining abroad」
The risk that a sharp decline in the number of expatriates and overseas travellers could affect the number of services provided and business results became more concrete, with the target population effectively limited to Japanese nationals remaining overseas. - FY2020-Q1MaterialisedAnnual report
「The number of Japanese outbound travelers declined sharply year on year as countries around the world imposed travel restrictions and cities and other areas were locked down in response to the spread of COVID-19, falling to 1,380 thousand in January (down 5% year on year), 1,316 thousand in February (down 14%), and 272 thousand in March (down 86%) (source: Japan National Tourism Organization (JNTO); March is a JNTO estimate).」
The demand-dependent risk previously disclosed as the possibility that a sharp decline in the number of overseas travellers could affect business results materialised as an actual sharp decline in the number of people leaving Japan due to COVID-19. - FY2019RestatedAnnual report
「Accordingly, if the number of expatriates and overseas travellers declines sharply due to recessions in Japan or overseas, a rapid depreciation of the yen, political instability or deteriorating public security overseas, regional conflicts, war, higher airfares, infectious disease outbreaks or other factors, the number of assistance services provided may decline, affecting the Group's business results.」
The company continues to disclose the demand-dependent risk that a sharp decline in the number of expatriates and overseas travellers could affect the number of services provided and business results. - FY2018RestatedAnnual report
「Accordingly, if the number of expatriates and overseas travellers declines sharply due to recessions in Japan or overseas, a rapid depreciation of the yen, political instability or deteriorating public security overseas, regional conflicts, war, higher airfares, infectious disease outbreaks or other factors, the number of assistance services provided may decline, affecting the Group's business results.」
The company continues to disclose the demand-dependent risk that a sharp decline in the number of expatriates and overseas travellers could affect the number of services provided and business results. - FY2017RestatedAnnual report
「Accordingly, if the number of expatriates and overseas travellers declines sharply due to recessions in Japan or overseas, a rapid depreciation of the yen, political instability or deteriorating public security overseas, regional conflicts, war, higher airfares, infectious disease outbreaks or other factors, the number of assistance services provided may decline, affecting the Group's business results.」
The company continues to disclose the demand-dependent risk that a sharp decline in the number of expatriates and overseas travellers could affect the number of services provided and business results. - FY2016First statedAnnual report
「The core business of our Group is primarily the provision of assistance services to expatriates and overseas travellers. Accordingly, if the number of expatriates and overseas travellers declines sharply due to recessions in Japan or overseas, a rapid depreciation of the yen, political instability or deteriorating public security overseas, regional conflicts, war, higher airfares, infectious disease outbreaks or other factors, the number of assistance services provided may decline, affecting the Group's business results.」
While an increase in the number of overseas travellers provides a tailwind, the company explicitly identifies as a risk the demand-dependent risk that a sharp decline could reduce the number of services provided and affect business results.