Promoting New Products, Businesses and Systems in Response to Irreversible Changes Following COVID-19
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2023: 1 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The new sales methods implemented during the COVID-19 pandemic, including remote sales activities and seminars for tatami-mat retailers changed from in-person to remote formats, were both highly effective and can therefore be described as changes that will not be reversed. Taking the initiative in implementing such irreversible changes is creating opportunities to develop new products, businesses, systems and other initiatives.」
The company continued to pursue new products, businesses and systems in response to irreversible changes following COVID-19, and explicitly stated the effectiveness of remote sales and seminars. - FY2021First statedAnnual report
「We believe that the major changes arising from the impact of COVID-19 can be divided into two types: changes that will return to their previous state and changes that will never return to their previous state. We believe it is important to carefully determine which type the changes occurring around us belong to, and to actively pursue the development of new products, businesses, systems and other initiatives so as not to be left behind by the latter type of change, which will not be reversed.」
The company newly stated its view that changes caused by COVID-19 should be classified as reversible or irreversible, and that it would actively consider new products, businesses and systems to respond to irreversible changes.