Business Impact of the Global Spread of COVID-19
First written in FY2020-Q3. 5 of 10 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2026RestatedAnnual report
「If a natural disaster such as an earthquake, storm or flood, an accident, or a pandemic such as COVID-19 occurs around one of the Group’s business locations, operations may become difficult due to damage to assets, disruption to transportation, or difficulties commuting as a result of restrictions on going out imposed to prevent the spread of infection.」
The Group continues to disclose the risk that pandemics, including COVID-19, may make it difficult to carry out operations. - FY2022-Q3MitigatedAnnual report
「Although the impact of COVID-19 continues to require close monitoring, revenue increased in the IT services business as the impact eased compared with the previous quarter.」
Although the impact of the infection still requires close monitoring, it eased quarter on quarter in the IT services business, resulting in higher revenue. - FY2022-Q2MitigatedAnnual report
「Although the impact of COVID-19 continues to require close monitoring, it has eased compared with the previous quarter in the IT services business.」
Although the impact of the infection continues to require close monitoring, the disclosure states that it eased in the IT services business compared with the previous quarter. - FY2022-Q1WorsenedAnnual report
「During the current quarter, the Japanese economy remained in a difficult situation as the re-expansion of COVID-19 led to declarations of a state of emergency and priority preventive measures being issued in areas where infections were spreading. The number of infected people has begun to decline, partly due to higher vaccination rates, and signs of recovery have emerged in some areas. However, uncertainty remains regarding the future impact of COVID-19 on the economy.」
The difficult economic situation continued due to the re-expansion of the infection and declarations of a state of emergency, among other factors. Although the number of infected people has declined and there are signs of recovery in some areas, the future impact on the economy remains uncertain. On the business side, restrictions on sales activities and lower operating rates also occurred in the map information services business. - FY2021MitigatedAnnual report
「In addition to the impact of COVID-19 being somewhat less severe than assumed when the plan for the current fiscal year was prepared, we actively promoted telework from the beginning of the fiscal year, using our core technology, and pursued more efficient operations. As a result, profit items from operating profit downward exceeded the initial forecast.」
The impact of the infection was somewhat less severe than assumed when the plan was prepared, and profit items exceeded the initial forecast due in part to the promotion of telework. Meanwhile, the IT services business continued to be affected by postponed orders and other factors. - FY2021-Q3MitigatedAnnual report
「Although temporary factors driving higher sales, such as deliveries of the SYMPROBUS-ReceiveMan disaster-prevention administrative radio individual receiver management system recognized as revenue in the previous consolidated fiscal year and the peak period for system renewal projects, have disappeared, the impact of COVID-19 on our Group in the current quarter has continued to be somewhat less severe than assumed when the plan for the current fiscal year was prepared, and operating profit progressed broadly in line with plan.」
Although the impact of COVID-19 continues, it has remained somewhat less severe than assumed when the plan was prepared, and operating profit progressed broadly in line with plan. Meanwhile, order backlog in the IT services business was down 53.1% year on year. - FY2021-Q2MitigatedAnnual report
「Although temporary factors driving higher sales, such as deliveries of the SYMPROBUS-ReceiveMan disaster-prevention administrative radio individual receiver management system recognized as revenue in the previous consolidated fiscal year and the peak period for system renewal projects, have disappeared, the impact of COVID-19 on our Group in the current quarter was somewhat less severe than assumed when the plan for the current fiscal year was prepared, and progress was broadly in line with plan.」
Although the impact of COVID-19 continues, it has been somewhat less severe than assumed when the plan was prepared, and the Group as a whole progressed broadly in line with plan. - FY2021-Q1WorsenedAnnual report
「The impact of COVID-19 continued during the quarter, affecting survey and examination administration operations through the cancellation and postponement of in-person events. Stress check projects were also affected by postponements and budget reductions resulting from deteriorating customer performance. As the overall volume of business declined, the company took measures including reducing personnel costs by adjusting employment and using employment adjustment subsidies for temporary leave.」
The impact of COVID-19 continues, with event cancellations and postponements, delays in conducting stress checks, customer budget reductions, and lower workloads occurring in the IT services business. - FY2020MaterialisedAnnual report
「During the fiscal year, COVID-19 had an impact on the group's business, including postponements and cancellations of some orders in the IT Services business, although its impact on business performance in the IT Solutions business was minor.」
The impact of COVID-19 materialized, resulting in postponements and cancellations of orders, fewer new inquiries and postponed business negotiations in the IT Services business. - FY2020-Q3MaterialisedAnnual report
「The Company will continue to closely monitor how the spread of COVID-19 affects its businesses.」
The global spread of COVID-19 occurred, and its impact on the business was identified for the first time as an item requiring close monitoring. The impact during the quarter was described as minor.