Service Suspensions and Impact on Business Performance Due to the Spread of COVID-19
First written in FY2020. 8 of 12 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2025: 2 of 12 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「In the security services industry, although the impact of COVID-19 is gradually easing, the labor shortage associated with Japan’s declining birthrate and aging population has left both new-graduate and mid-career recruitment conditions challenging.」
While indicating that the impact of COVID-19 is gradually easing, the company describes a business environment in which securing security guards remains difficult. - FY2023-Q3RestatedAnnual report
「In the security services industry as well, although the impact of the infectious disease is gradually easing, the suspension or reduction in the scale of security services due to infections among security personnel would have a significant impact on customers. The industry therefore continues to take thorough measures to prevent infection and its spread and remains in a challenging business environment.」
While indicating that the impact of COVID-19 is gradually easing, the company continues measures to prevent infections and contain their spread, given the risk that infections among security guards could lead to the suspension or downsizing of services. - FY2023-Q2RestatedAnnual report
「In the security services industry as well, although the impact of the infectious disease is gradually easing, the suspension or reduction in the scale of security services due to infections among security personnel would have a significant impact on customers. The industry therefore continues to take thorough measures to prevent infection and its spread and remains in a challenging business environment.」
While indicating that the impact of COVID-19 is gradually easing, the company continues measures to prevent infections and contain their spread, given the risk that infections among security guards could lead to the suspension or downsizing of services. - FY2023-Q1SoftenedAnnual report
「In the security services industry, although the impact of the infectious disease is gradually easing, the suspension or reduction in the scale of security services due to infections among security personnel would have a significant impact on customers. The industry therefore continues to take thorough measures to prevent infection and its spread and remains in a challenging business environment.」
The disclosure added that the effects of COVID-19 are gradually easing. Meanwhile, the risk of service suspension or reduction due to security personnel infections and infection-prevention measures continue. - FY2022RestatedAnnual report
「Because the suspension or reduction of security services due to security personnel infections would have a significant impact on customers, we continue to implement thorough infection-prevention and spread-control measures and face a challenging business environment.」
The disclosure continues to describe the risk of service suspension or reduction due to security personnel infections and the continued implementation of infection-prevention and spread-control measures. - FY2022-Q3RestatedAnnual report
「The security services industry experienced temporary demand for security services in connection with the Tokyo Olympic and Paralympic Games, but the effects of COVID-19 continue. At the same time, as an industry that provides safety and security to customers, we face a challenging business environment. Because the suspension or reduction of security services due to employee infections would have a significant impact on customers, we continue to implement thorough infection-prevention and spread-control measures.」
The disclosure describes temporary demand for security services associated with the Tokyo Olympic and Paralympic Games, while indicating that the effects of COVID-19 continue and that infection-prevention and spread-control measures are being continued to avoid suspending or reducing services due to employee infections. - FY2022-Q2RestatedAnnual report
「The security services industry has also been significantly affected by the cancellation or reduction of various events and the slowdown in sales activities. At the same time, as an industry that provides safety and security to customers, we face a challenging operating environment. Because the suspension or reduction of security services due to employee infections would have a significant impact on customers, we continue to implement thorough infection-prevention and spread-control measures.」
The disclosure states that, while event cancellations and reductions and the slowdown in sales activities continue, infection-prevention and spread-control measures are being continued to avoid suspending or reducing security services due to employee infections. - FY2022-Q1RestatedAnnual report
「The security services industry has also been significantly affected by the cancellation or reduction of various events and the slowdown in sales activities. At the same time, as an industry that provides safety and security to customers, we face a challenging operating environment. Because the suspension or reduction of security services due to employee infections would have a significant impact on customers, we continue to implement thorough infection-prevention and spread-control measures.」
The disclosure states that, while event cancellations and reductions and the slowdown in sales activities continue, infection-prevention and spread-control measures are being continued to avoid suspending or reducing security services due to employee infections. - FY2021-Q3RestatedAnnual report
「The security services industry has also been significantly affected by the cancellation or postponement of various events and the slowdown in sales activities. At the same time, as an industry that provides safety and security to customers, we face a tense operating environment. The suspension or reduction of security services due to employee infections would have a significant impact on customers, requiring the implementation of thorough infection-prevention measures with the utmost care.」
The disclosure describes a tense environment in which event cancellations and postponements and the slowdown in sales activities have continued due to COVID-19, requiring thorough infection-prevention measures to avoid suspending or reducing security services. - FY2021-Q2WorsenedAnnual report
「The security services industry has also been significantly affected by the spread of COVID-19, including the cancellation or postponement of various events, stagnation in a range of sales activities, and the cancellation or postponement of new properties. At the same time, as an industry that provides safety and security to customers, we face an extremely challenging operating environment. The suspension or reduction of security services due to employee infections would have a significant impact on customers, requiring the implementation of thorough infection-prevention measures with the utmost care.」
The disclosure describes an extremely challenging environment in which the effects of event and new-property cancellations and postponements and stagnation in sales activities have spread, requiring thorough infection-prevention measures to avoid suspending or reducing security services. - FY2021-Q1WorsenedAnnual report
「The security services industry has also been significantly affected by the spread of COVID-19, including the cancellation or postponement of various events, stagnation in a range of sales activities, and the cancellation or postponement of new properties. At the same time, as an industry that provides safety and security to customers, we face an extremely challenging operating environment. The suspension or reduction of security services due to employee infections would have a significant impact on customers, requiring the implementation of thorough infection-prevention measures with the utmost care.」
COVID-19 has actually led to event and new-property cancellations and postponements and stagnation in sales activities, creating an extremely challenging environment in which infection-prevention measures are required to avoid suspending or reducing security services. - FY2020First statedAnnual report
「However, if COVID-19 spreads extensively and a large number of employees responsible for security services become infected, circumstances may arise in which security services must be reduced or suspended in order to prevent infection among customers to the greatest extent possible.」
COVID-19 was first identified as a standalone business risk, with the disclosure indicating that infections among security personnel could lead to service reductions or suspensions and affect business performance and financial condition.