Risk of Restrictions on Sales Activities and Postponement of Sales Meetings Due to COVID-19
First written in FY2020. 2 of 6 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2024.
The whole theme swung hardest in 2020: 24 of 49 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group's sales activities have been severely restricted by working from home, limitations on travel, and fewer opportunities for business negotiations with customers, among other factors, and transactions in business negotiations that had already been agreed may be delayed, potentially affecting operating results, financial condition, and other matters.」
The risks of restrictions on sales activities, fewer opportunities for business negotiations, and transaction delays due to infectious diseases, including COVID-19, continue to be disclosed. - FY2022-Q3ReframedAnnual report
「Meanwhile, sales of industrial inspection equipment remained sluggish because they were affected by restrained capital investment resulting from the resurgence of COVID-19 infections.」
The focus of the description shifted from the previous restrictions on sales activities, work stoppages, and delays in business negotiations to the impact of the resurgence of COVID-19 on equipment sales through restrained capital investment. - FY2022-Q1RestatedAnnual report
「Sales activities with financial institutions were restricted by measures to prevent the spread of COVID-19, affecting sales of cash-handling equipment and security equipment through delays in negotiations.」
Restrictions on sales activities and delays in business negotiations resulting from measures to prevent COVID-19 infections continue to appear as actual impacts on financial equipment sales. - FY2021-Q2MaterialisedAnnual report
「In Information and Industrial Systems Equipment, the document digitization business was affected by the suspension of operations and lower work efficiency resulting from measures to prevent COVID-19 infections at digitization work sites,」
Continuing constraints on sales activities and work sites have appeared as actual business impacts, including the suspension of document digitization work and lower work efficiency. - FY2021-Q1MaterialisedAnnual report
「The Group's business areas also continued to operate under significant constraints on sales activities, as customer companies adopted working-from-home arrangements, among other measures.」
Significant constraints on sales activities actually occurred and appeared as specific business impacts, including the suspension of document digitization work and delays in negotiations for financial equipment. - FY2020First statedAnnual report
「Business activity has stagnated in various fields because of requests for people to refrain from activities accompanying the state of emergency declaration issued as the spread of COVID-19 continued. The Group's sales activities have also been severely restricted by measures to prevent infection, including working from home, limitations on travel, and fewer opportunities for business negotiations with customers, and even transactions in business negotiations that had already been agreed may be delayed.」
Regarding the spread of COVID-19, the report describes severe restrictions on sales activities, fewer opportunities for business negotiations with customers, and delays to business negotiations that had already been agreed. It states that the amount of the impact is difficult to estimate reasonably.