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Seven Bank (8410) · RiskMitigated

Impact of COVID-19 on ATM Usage and Business Operations

First written in FY2020. 3 of 12 entries say "Restated". Latest entry: FY2024.

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ProgressHeldSoftenedWorseOtherFY2021-Q2 – FY2023-Q12020: 320202021: 420212022: 320222023: 020232024: 22024
Same theme, other companies
Risk of COVID-19 impacts on business activities, supply chains, demand and financial performanceA theme 1257 companies write about · 1269 as a headwind · 6 as a tailwind

The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.

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Showing 14 of the 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 1283 threads.
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  1. FY2024MitigatedAnnual report

    「As the classification of COVID-19 under the Infectious Diseases Control Law was changed to Category 5 and restrictions on activities were further eased, signs of a recovery in personal consumption were observed as economic activity normalized.」

    The impact of the pandemic on the business was indicated to be easing as COVID-19 was reclassified as a Category 5 infectious disease, restrictions on activities were relaxed and personal consumption recovered.
  2. FY2024-Q3MitigatedAnnual report

    「As the classification of COVID-19 under the Infectious Diseases Control Law was changed to Category 5 and restrictions on activities were further eased, signs of a recovery in personal consumption were observed as economic activity normalized.」

    It was disclosed that the legal classification of COVID-19 was changed to Category 5, restrictions on activities were eased and personal consumption recovered, indicating that the impact of the pandemic on the business was easing.
  3. FY2023-Q1RestatedAnnual report

    「The impact of COVID-19 during the cumulative first quarter of the fiscal year is described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management, (1) Financial Position and Operating Results.” Depending on developments going forward, it may affect the Group’s financial position and operating results.」

    It continues to be disclosed that the impact of COVID-19 remains and that developments going forward may affect the financial position and operating results.
  4. FY2022RestatedAnnual report

    「The spread of COVID-19 caused personal consumption, including spending on services, and corporate activity to stagnate significantly, and difficult conditions continued. With no clear end to the pandemic in sight and concerns about a further resurgence, conditions remain unpredictable.」

    The impact of COVID-19 on the business and concerns about a resurgence continue. Working from home, staggered working hours, temperature checks and online meetings have been implemented as measures to prevent infection.
  5. FY2022-Q3Impact continued, with concerns over variant strainsAnnual report

    「During the cumulative third quarter of the fiscal year, conditions remained difficult due to the spread of COVID-19. However, as transactions at deposit-taking financial institutions recovered and cash-loading transactions for various cashless payments using our ATMs increased steadily, total ATM usage remained well above the level of the year-earlier period.」

    While the impact of COVID-19 remained severe, total ATM usage was well above the year-earlier level as transactions at financial institutions and cash-loading transactions recovered.
  6. FY2022-Q2ATM usage recovered, but the impact continuedAnnual report

    「During the cumulative second quarter of the fiscal year, conditions remained difficult due to the spread of COVID-19. However, as transactions at deposit-taking financial institutions recovered and cash-loading transactions for various cashless payments using our ATMs increased steadily, total ATM usage remained well above the level of the year-earlier period.」

    While the impact of COVID-19 remained severe, total ATM usage was well above the year-earlier level as transactions at financial institutions and cash-loading transactions recovered.
  7. FY2022-Q1ATM usage recovered, but the impact continuedAnnual report

    「During the cumulative first quarter of the fiscal year, conditions remained difficult due to the spread of COVID-19. However, as transactions at deposit-taking financial institutions recovered and cash-loading transactions for various cashless payments using our ATMs increased steadily, total ATM usage remained well above the level of the year-earlier period.」

    While the impact of COVID-19 remained severe, total ATM usage recovered to well above the year-earlier level as transactions at financial institutions recovered and cash-loading transactions increased.
  8. FY2021Quantification of the full-year impactAnnual report

    「Domestic ATM usage in fiscal 2020 declined 1.5% year on year, primarily due to reduced movement of people resulting from measures to prevent the spread of COVID-19.」

    The full-year figure showed that domestic ATM usage declined 1.5% year on year in fiscal 2020 as a result of the pandemic’s impact on the business.
  9. FY2021-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year, total ATM usage showed signs of recovery as economic activity gradually resumed from the severe conditions caused by the spread of COVID-19, and remained at approximately the same level as in the year-earlier period.」

    Although the impact of the spread of COVID-19 was on a recovery trend, total ATM usage declined 2.3% year on year, and the impact on the business continued.
  10. FY2021-Q2Impact of the pandemic continued, with partial recoveryAnnual report

    「During the cumulative second quarter of the fiscal year, total ATM usage remained below the level of the year-earlier period, although it was on a recovery trend from the severe conditions caused by the spread of COVID-19.」

    Although the impact of the spread of COVID-19 was on a recovery trend from the previous quarter, total ATM usage remained below the year-earlier level, and the impact on the business continued.
  11. FY2021-Q1WorsenedAnnual report

    「ATM usage declined substantially, primarily due to the impact of requests by national and local governments to refrain from going out and promote working from home as measures to prevent the spread of COVID-19. Following the lifting of the state of emergency on 25 May 2020, economic activity gradually resumed, and from June 2020 ATM usage recovered to approximately the same level as in the year-earlier period.」

    While ATM usage declined substantially in the first quarter due to requests to refrain from going out and other measures to prevent the spread of COVID-19, it recovered to approximately the same level as in the year-earlier period from June 2020.
  12. FY2020MaterialisedAnnual report

    「The emergence of infectious diseases such as novel viruses, their spread and prolonged duration, and the resulting strengthening of restrictions by national and local governments are expected to have an extremely significant impact on social conditions and the real economy. If ATM usage were to decline substantially as a result, our earnings could be affected by a decrease in ATM acceptance fee revenue and other factors. During April and May 2020, when the Japanese government declared a nationwide state of emergency in response to the spread of COVID-19, domestic ATM usage declined by approximately 10% due to the impact of requests to refrain from going out and other measures.」

    It was reported that domestic ATM usage declined by approximately 10% in April and May 2020 due to the spread of COVID-19 and the government’s state of emergency declaration.
Moved together

"Expansion of the overseas ATM business and harnessing its growth potential" moved the same way as this thread, in the same document, in 3 of its 12 moves.

332222★123456
  1. ★This thread
  2. 1Expansion of the overseas ATM business and harnessing its growth potential3×
  3. 2Consolidated performance: higher revenue and flat ordinary profit3×
  4. 3Large-Scale ATM Network and User Base2×
  5. 4Further strengthening of the ATM business and maximizing network utilization2×
  6. 5Deepening the Financial Services Business2×
  7. 6Launch of Seven Bank’s Buy-Now-Pay-Later Service2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Seven Bank's next results are scheduled for 2026-11-06. Read the earnings preview
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Impact of COVID-19 on ATM Usage and Business Operations | Seven Bank,Ltd. (8410) | Komori