Postponement of earnings announcement of companies One after another Impact of new coronavirus April 6 5:37
Due to the worldwide spread of the new coronavirus, companies have been delaying the announcement of financial results for the fiscal year ending March, due to delays in overseas operations.
Electronic component giant TDK has initially postponed its March 28 financial results announcement to next month's 15th. Due to the spread of the new coronavirus, overseas subsidiaries in China, the United States, and other countries have been delayed in accounting-related operations, so the company has decided to postpone it.
Komatsu, a major construction machinery company, has also delayed the announcement of its financial results scheduled for this month on the 18th of next month. The reason is that employees cannot come to work at the bases in each country, and the information necessary for the settlement of accounts is not gathered.
In addition, Sony has stated that it may postpone the earnings announcement scheduled for this month.
In the financial results for the fiscal year ending March 31, there has been a series of moves to revise business results or determine large losses due to the spread of the new coronavirus and the accompanying decline in stock and oil prices.
In addition, some companies have said that it is difficult to give an outlook for the fiscal year ending March 31, 2019, as the spread of infection cannot be expected to converge.