Impact of COVID-19 on the exhibitions and M&A businesses
First written in FY2020. 8 of 15 entries say "Restated". Latest entry: 2026-05-13.
Boutiques moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 24 of 28 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- 2026-05-13MitigatedManagement plan
「If holding exhibitions becomes difficult, we will expand online exhibitions and conduct sales activities using web conferencing systems and other tools to minimize the impact on our business activities.」
The company explicitly identified online exhibitions and web conferencing systems as measures to address infectious disease risk. - FY2025SoftenedAnnual report
「With regard to risks in Exhibition Services and Recruitment Support Services, the company has prepared its business plan on the assumption that the impact of COVID-19 will be limited and that exhibitions and recruitment events can currently be held as usual. However, if another infectious disease causes a state of emergency to be declared or exhibitions and recruitment events cannot be held in response to requests from the government or local authorities, the Group's operating results may be affected.」
The description changed to assume that the impact of COVID-19 would be limited and events could be held normally, while broadening the scope to infectious diseases generally, including COVID-19, and retaining future risks. - FY2025-H1RestatedAnnual report
「In the nursing-care industry, where the Group primarily operates, competition has continued to intensify as new entrants from other industries enter the market, and the difficulty of recruiting personnel has persisted. In addition, due to the impact of COVID-19, conditions overall have remained challenging.」
The company continues to describe the challenging environment in the nursing-care industry, including intensifying competition, difficulty recruiting personnel and the impact of COVID-19. - FY2024-Q2RestatedAnnual report
「In the nursing-care industry, where the Group primarily operates, competition has continued to intensify as new entrants from other industries enter the market, and the difficulty of recruiting personnel has persisted. In addition, due to the impact of COVID-19, conditions overall have remained challenging.」
The company continues to describe the challenging environment in the nursing-care industry, including the impact of COVID-19. - FY2023-Q3RestatedAnnual report
「In the nursing-care industry, where the company primarily operates, competition has continued to intensify as new entrants from other industries enter the market, and the difficulty of recruiting personnel has persisted. In addition, due to the impact of COVID-19, conditions overall have remained challenging.」
A challenging business environment, including intensifying competition, difficulty recruiting personnel and the impact of COVID-19, continues. - FY2023-Q2RestatedAnnual report
「In the nursing-care industry, where the company primarily operates, competition has continued to intensify as new entrants from other industries enter the market, and the difficulty of recruiting personnel has persisted. In addition, due to the impact of COVID-19, conditions overall have remained challenging.」
A challenging business environment, including the impact of COVID-19, continues. - FY2023-Q1RestatedAnnual report
「In the nursing-care industry, where the company primarily operates, competition has continued to intensify as new entrants from other industries enter the market, and the difficulty of recruiting personnel has persisted. In addition, due to the impact of COVID-19, conditions overall have remained challenging.」
A challenging business environment, including the impact of COVID-19, continues. The risk section states that there were no material changes. - FY2022SoftenedAnnual report
「In preparing its earnings forecasts, the company assumed that the impact of COVID-19 would be limited and that exhibitions could be held as usual. Accordingly, if the situation worsens, a state of emergency is declared, or exhibitions cannot be held in response to requests from the government or local authorities, operating results may be affected.」
The description changed from postponements and restrictions on business activities in the previous fiscal year to an assumption that the impact would be limited and events could be held normally. However, the risk that events could not be held because of a renewed spread of infections or requests from the government or local authorities remained. - FY2022-Q3RestatedAnnual report
「During the nine months ended the third quarter, Japan's economy showed signs of moving toward normalization of social and economic activity, including a decline in COVID-19 cases and the lifting of the state of emergency. However, concerns remained about a renewed spread of infections due to new variants, and conditions continued to require a focus on both economic activity and infection-control measures.」
Although there were signs of normalization following the decline in cases and the lifting of the state of emergency, concerns about a renewed spread caused by new variants remained, and the company continued to describe the business environment, including the impact of the pandemic. - FY2022-Q2RestatedAnnual report
「In the nursing-care industry, where the company primarily operates, competition has continued to intensify as new entrants from other industries enter the market, and the difficulty of recruiting personnel has persisted. In addition, due to the impact of COVID-19, conditions overall have remained challenging.」
The challenging environment in the nursing-care industry, including intensifying competition, difficulty recruiting personnel and the impact of COVID-19, continues. - FY2022-Q1RestatedAnnual report
「In the nursing-care industry, where the company primarily operates, competition has continued to intensify as new entrants from other industries enter the market, and the difficulty of recruiting personnel has persisted. In addition, due to the impact of COVID-19, conditions overall have remained challenging.」
A challenging business environment, including the impact of COVID-19, continues. The company stated that there were no material changes to its business and other risks. - FY2021-Q3WorsenedAnnual report
「Regarding COVID-19, following the lifting of the state of emergency during the cumulative first-quarter period, the company gradually resumed its business activities after implementing infection-prevention measures. Although states of emergency were declared on 8 and 13 January in relation to exhibitions scheduled to be held in the future, the company is preparing to hold the events with comprehensive infection-prevention measures in compliance with requests from the government and local authorities and the guidelines of each venue. However, if COVID-19 spreads and requests are made to cancel exhibitions, or if infections among the company's employees spread, the company's operating results and financial condition may be affected.」
The state of emergency was declared again, and the possibility of requests to cancel exhibitions and employee infections was newly specified. The accounting assumptions were also changed to assume that the impact of the pandemic would continue throughout the fiscal year. - FY2021-Q2MaterialisedAnnual report
「During the six months ended the second quarter, the company focused on developing its core businesses of business-to-business exhibitions and M&A advisory services. In Business-to-Business Exhibition Services, the company worked to expand the regions in which CareTEX and the product-specific exhibition and business-matching event CareTEX One are held, conducting promotional activities for visitors and exhibitors ahead of events in a total of 6 regions nationwide: Tokyo, Osaka, Fukuoka, Miyagi, Aichi and Kanagawa. To prevent the spread of COVID-19, exhibitions scheduled from April through August were postponed to the fourth quarter, and events resumed in September.」
Due to the impact of COVID-19, exhibitions scheduled from April through August were postponed to the fourth quarter, and the impact on event regions and exhibitor contracts continued. Events resumed in September. - FY2021-Q1MaterialisedAnnual report
「Regarding COVID-19, following the lifting of the state of emergency during the cumulative first-quarter period, the company gradually resumed its business activities after implementing infection-prevention measures. However, if COVID-19 spreads and a state of emergency is declared again, or if infections among the company's employees spread, the company's operating results and financial condition may be affected.」
The pandemic led to the suspension and gradual resumption of business activities, exhibition postponements, delays in acquiring exhibitor booth contracts and delays in the progress of M&A transactions. The potential impact of a future resurgence, another state of emergency declaration or employee infections was also described as a risk. - FY2020First statedAnnual report
「With regard to risks related to COVID-19, requests for people to refrain from going out under the state of emergency have delayed the acquisition of exhibitor booth contracts. With regard to risks in the M&A advisory business, although measures such as remote work were implemented in response to the requests, progress on transactions has been delayed.」
COVID-19 was described as a separate business risk for the first time, with delays already occurring in acquiring exhibition contracts and in the progress of M&A transactions.