Travel Restrictions and Declining Demand Due to COVID-19 and Other Factors
First written in FY2022. 4 of 6 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2025.
0 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Although the company has experienced no difficulty providing its services, if restrictions on overseas travel and the entry of foreign nationals continue for an extended period, opportunities to use English, including for business exchanges with overseas markets, may decline, potentially reducing demand for English-language learning and the company's revenue opportunities.」
Reconfirms the policy of continuing services through online delivery and the residual risk of movement restrictions affecting demand. - FY2024MitigatedAnnual report
「Although the company has experienced no difficulty providing its services, if restrictions on overseas travel and the entry of foreign nationals continue for an extended period, opportunities to use English, including for business exchanges with overseas markets, may decline. As a result, demand for English-language learning and the company's revenue opportunities may decline, potentially affecting its financial condition and operating results.」
States a policy of replacing in-person services with online delivery, thereby limiting the impact on service provision itself while retaining the risk of declining demand. - FY2023MitigatedAnnual report
「Although the company has experienced no difficulty providing its services, if restrictions on overseas travel and the entry of foreign nationals continue for an extended period, opportunities to use English, including for business exchanges with overseas markets, may decline. This could reduce demand for English-language learning and the company's revenue opportunities, potentially affecting its financial condition and operating results.」
While stating that service delivery is unaffected, the company retains the risk of declining demand if restrictions on travel and entry continue for an extended period. - FY2023-Q3MitigatedAnnual report
「In addition, following the easing of border control measures relating to COVID-19 from October 2022, the number of visitors to Japan began to increase gradually, confirming the resumption of international travel.」
Continues to confirm the easing of border control measures, the increase in visitors to Japan, and the resumption of international travel, and describes a reduction in the risk of demand declining due to movement restrictions. - FY2023-Q2MitigatedAnnual report
「Since March 2022, international passenger numbers at major domestic airlines have continued to recover. In addition, following the easing of border control measures relating to COVID-19 from October 2022, the number of visitors to Japan also began to increase gradually, confirming the resumption of international travel.」
Describes a reduction in the risk of demand declining due to movement restrictions, supported by the recovery in international passenger numbers, the easing of border control measures, and the increase in visitors to Japan. - FY2022First statedAnnual report
「If restrictions on overseas travel and the entry of foreign nationals continue for an extended period, demand for urgent language learning may decline, reducing the company's revenue opportunities and potentially affecting its financial condition and operating results.」
Restrictions on travel and entry due to infectious diseases, together with declining demand for urgent English-language learning, have already emerged as factors affecting the operating environment.