Impact of the Spread of COVID-19 on the Training and Education Business
First written in FY2021. 4 of 10 entries say "Restated". Latest entry: FY2024.
2 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual reportDuring the fiscal year, the impact of the pandemic was no longer stated as a standalone risk item and was instead included under risks such as natural disasters and emergencies.
- FY2023RestatedAnnual report
「Our group is taking measures to minimise the impact on its business activities by moving projects online. However, if customers' corporate activities stagnate due to a new spread of infections, or if unforeseen changes occur in economic or social activity patterns, our group's operating results and financial condition may be affected.」
The company continues to describe the risk of a new spread of infections while continuing its response of limiting the impact through moving activities online. - FY2023-Q3MaterialisedAnnual report
「The company in question has experienced a sharp decline in student numbers since the impact of the spread of COVID-19 began in February 2020, and conditions in which it is difficult to generate sufficient revenue have continued.」
The number of students at RISE Japan fell sharply due to the impact of COVID-19, resulting in a specific impact that led to the business withdrawal. - FY2023-Q2RestatedAnnual report
「The spread of COVID-19 has had a broad impact on the economy and corporate activities, and the end of the pandemic appears likely to be further delayed. Nevertheless, we expect the impact on the future performance of our group to be limited.」
While recognising that the end of the pandemic may be prolonged, the company continues to expect its impact on future performance to be limited. - FY2023-Q1RestatedAnnual report
「Nevertheless, we expect the impact on the future performance of our group to be limited.」
While the impact of COVID-19 is prolonged, the company continues to expect its impact on future performance to be limited. - FY2022MitigatedAnnual report
「Under these circumstances, our group is taking measures to minimise the impact on its business activities by moving projects online.」
Although the risk of a resurgence in infections remains, the company continues to respond by minimising the impact on business activities through moving projects online. - FY2022-Q3MitigatedAnnual report
「Nevertheless, we expect the impact on the future performance of our group to be limited.」
While the impact of COVID-19 is prolonged, the company expects its impact on future performance to be limited. - FY2022-Q2RestatedAnnual report
「Although the absolute number of people infected with COVID-19 increased from the previous consolidated fiscal year and states of emergency and priority preventive measures were imposed, methods for carrying out projects in this environment have been firmly established, and we recognise that customers are able to make ordering decisions with confidence.」
The company continues to explain that, even amid the continuing spread of infections and restrictions on activities, establishing methods for carrying out projects has limited the impact on customers' ordering decisions. - FY2022-Q1MitigatedAnnual report
「We recognise that methods for carrying out projects in this environment have been firmly established and that customers are able to make ordering decisions with confidence.」
The company states that methods for carrying out projects have been established even amid the spread of infections and continuing states of emergency, limiting the impact on customers' ordering decisions. - FY2021First statedAnnual report
「Although economic activity is gradually restarting and showing signs of a moderate recovery, concerns about a resurgence in infections remain, and the outlook for the economy continues to be uncertain due to the spread of COVID-19.」
While group training sessions were cancelled or postponed, RISE Japan temporarily closed and the opening of the Setagaya school was postponed, the company has responded by moving activities online.