Risk of fewer consulting opportunities due to COVID-19 and other factors
First written in FY2021. 6 of 10 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 23 of 48 companies on the "Worse" side.
18 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual reportThe business and other risks and operating environment section for the consolidated fiscal year does not mention the theme of fewer consulting opportunities due to COVID-19.
- FY2023MitigatedAnnual report
「The number of inquiries remained firm as online meetings became established. In addition, the productivity metric calculated by multiplying the conversion rate by household ANP per policy improved through higher-quality online meetings, and COVID-19 did not disrupt sales activities.」
It is stated that the productivity metric recovered as online meetings became established and their quality improved, and that COVID-19 has not disrupted sales activities. However, the risk of infections spreading beyond expectations remains. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, as Japan sought an exit strategy from the COVID-19 pandemic, the interest-rate differential with Japan's Western counterparts widened due in part to differences in the pace of monetary policy. As a result, the yen's depreciation and higher prices continued, making the outlook for Japan's economy and households increasingly uncertain.」
The environment in which COVID-19 continued to have an impact continues to be disclosed. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter, Japan's economy was on a recovery trend as restrictions on activities were eased, despite the lingering effects of COVID-19.」
The environment in which the impact of COVID-19 remained while restrictions on activities were eased continues to be disclosed. - FY2023-Q1RestatedAnnual report
「In response to these needs, the Group is working to provide financial services to as many customers as possible through online meeting tools, while giving due consideration to ensuring the safety of customers and employees and preventing the spread of infection.」
Amid the prolonged impact of COVID-19, the Group continues to ensure safety and provide services using online meeting tools. - FY2022MitigatedAnnual report
「In the fiscal year ended March 2022, the number of new inquiries reached a record high as online meetings became established throughout the Group. At the same time, the productivity metric calculated by multiplying the conversion rate by annualized premiums per customer declined from the fiscal year ended March 2021 as the sales process was being rebuilt for online meetings and rolled out internally. However, stronger inquiry-handling capabilities meant that COVID-19 did not disrupt sales activities.」
It is stated that inquiries reached a record high as online meetings became established, and that COVID-19 did not disrupt sales activities during the fiscal year. However, the possibility of fewer opportunities if infections spread beyond expectations continues to be disclosed. - FY2022-Q3RestatedAnnual report
「The Group also conducted sales activities with increased attention to ensuring the safety of customers and employees and preventing the spread of infections. Under these conditions, demand for financial services related to life planning, household financial reviews, insurance coverage and investments increased, and the Group continued to receive many inquiries from the cumulative second quarter onward.」
The Group continues sales activities with attention to safety and the prevention of infections while COVID-19 remains a factor. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, Japan's economy remained affected by COVID-19. As the number of new infections reached a record high, particularly in metropolitan areas, during the Tokyo Olympic Games, economic activity was forced to continue under certain restrictions.」
The economic environment under the impact of COVID-19 continues to be disclosed. The risk section states that there had been no material changes from the previous fiscal year. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, Japan's economy remained affected by COVID-19, and uncertainty surrounding economic activity increased as the number of new infections repeatedly rose and fell.」
The situation under the continuing impact of COVID-19 is disclosed. The Group continues to provide services while using online meeting tools and paying close attention to safety and the prevention of infections. - FY2021MaterialisedAnnual report
「In the fiscal year ended March 2021, the supply of prospective customers declined at some business partners during the state of emergency declared in April, while the conversion rate temporarily declined as the sales process was being rebuilt to accommodate online meetings during the fiscal year.」
Although a decline in the supply of prospective customers and a temporary decline in the conversion rate actually occurred as infections spread, it is stated that online meeting arrangements and the sharing of knowledge prevented any major disruption to sales activities.