Impact of the Spread of COVID-19 on Sales Activities and the M&A Market
First written in FY2020-Q2. 8 of 11 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2020: 23 of 48 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explained that there had been no significant changes in the occurrence of major risks or in the "Business and Other Risks" described in the previous fiscal year's annual report. - FY2022RestatedAnnual report
「However, if the spread of COVID-19 becomes prolonged, the M&A market could contract as companies become less willing to invest, and the reissuance of a state of emergency could disrupt business activities.」
The company continues to disclose the potential impact on its business of a prolonged spread of COVID-19, reduced corporate willingness to invest, contraction of the M&A market and the reissuance of a state of emergency. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there were no significant changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business situation, accounting and other matters described in this quarterly report, or in the section titled "Business and Other Risks" in the annual securities report for the previous fiscal year. The Company will continue to closely monitor the future situation regarding the impact of the spread of COVID-19 on its business.」
The company stated that there had been no significant changes in the major risks and continues to monitor the impact of the spread of COVID-19 on its business. - FY2022-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no significant changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies among the matters relating to business conditions, financial information and other matters described in this quarterly report, nor in the "Business and Other Risks" described in the annual securities report for the previous fiscal year. The company will continue to monitor developments regarding the impact of the spread of COVID-19 on its business.」
The company stated that there had been no significant changes in the major risks and continues to monitor the impact of the spread of COVID-19 on its business. - FY2022-Q1RestatedAnnual report
「During the first three months of the current consolidated fiscal year, there were no significant changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies among the matters relating to business conditions, financial information and other matters described in this quarterly report, nor in the "Business and Other Risks" described in the annual securities report for the previous fiscal year. The company will continue to monitor developments regarding the impact of the spread of COVID-19 on its business.」
The company stated that there had been no significant changes in the major risks and continues to monitor the impact of the spread of COVID-19 on its business. - FY2021-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there were no significant changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business situation, accounting and other matters described in this quarterly report, or in the section titled "Business and Other Risks" in the annual securities report for the previous fiscal year. The Company will continue to closely monitor the future situation regarding the impact of the spread of COVID-19 on its business.」
The company stated that there had been no significant changes in the major risks and continues to monitor the impact of COVID-19 on its business. - FY2021-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no significant changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies among the matters relating to business conditions, financial information and other matters described in this quarterly report, nor in the "Business and Other Risks" described in the annual securities report for the previous fiscal year. The company will continue to monitor developments regarding the impact of the spread of COVID-19 on its business.」
The company stated that there had been no significant changes in the major risks, while continuing to monitor the impact of the spread of COVID-19 on its business. - FY2021-Q1RestatedAnnual report
「Although the state of emergency was reissued from 7 January 2021, the company has continued its sales activities while taking the spread of COVID-19 into consideration. It will continue to monitor developments regarding the impact of the spread of COVID-19 on its business.」
The company continued its sales activities while taking the spread of COVID-19 into consideration even after the state of emergency was reissued, and continues to monitor the virus's impact on its business. It stated that there had been no significant change in the risk disclosures from the previous fiscal year. - FY2020MitigatedAnnual report
「The company is currently conducting sales activities at approximately the same level as before while taking the spread of COVID-19 into consideration, and judges that its impact on results is minor.」
Although the spread of COVID-19 caused stalled project progress and other effects, the company returned its sales activities to previous levels while implementing infection-control measures and judged that the impact on results was minor at this time. - FY2020-Q3MaterialisedAnnual report
「The company stated that the nationwide restraint on economic activity during the state of emergency caused delays in the progress of some projects and the termination of consideration of others, but judged that the direct impact on results for the current fiscal year was minor at this time.」
The company stated that the restraint on economic activity associated with the spread of COVID-19 had actually caused delays in the progress of some projects and the termination of consideration of others. At the same time, it judged that the direct impact on results for the current fiscal year was minor at this time. - FY2020-Q2First statedAnnual report
「To protect the safety of its business partners and employees and prevent further spread of COVID-19, the Group has followed guidelines issued by administrative authorities and suspended or restricted new sales activities for developing projects, seminars and other activities involving large gatherings, and has implemented a shift to remote work. If the Group's activities continue to be restricted intermittently because the spread of COVID-19 expands further or becomes prolonged, or if domestic M&A declines as a result of an overall stagnation in economic activity, this could affect the Group's results and financial position from the next fiscal year onward.」
The company explained that new sales activities, seminars, remote work and project progress had already been affected by the spread of COVID-19, and disclosed as a new risk the possibility of an impact on results and financial position from the next fiscal year onward due to a further or prolonged spread of the virus or a decline in domestic M&A.