Declining Advertising Revenue Due to Stagnation in Large-Project Orders
First written in FY2021-Q3. 2 of 5 entries say "Restated". Latest entry: FY2022.
0 other companies' latest entry also says "Dropped".
- FY2022DroppedAnnual reportThe FY2022 discussion of business risks and operating results does not identify stagnation in orders for large-scale projects as a standalone risk or factor.
- FY2022-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there has been no material change in the risk of declining advertising revenue due to stagnation in orders for large-scale projects. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there has been no material change in the risk of declining advertising revenue due to stagnation in orders for large-scale projects. - FY2021MaterialisedAnnual report
「Meanwhile, revenue growth stalled owing to a decline in orders for large projects that had begun in the fiscal year before last, as well as a decline in orders for health foods and other products affected by tighter regulations under the Pharmaceuticals and Medical Devices Act, the Act against Unjustifiable Premiums and Misleading Representations, and other laws.」
The continued contraction in orders for large-scale projects appeared in the results as fewer projects involving health foods and other products and sluggish revenue growth. - FY2021-Q3First statedAnnual report
「Revenue declined because orders for large-scale projects that had arisen since the fiscal year before last remained stagnant.」
The company states that stagnation in orders for large-scale projects previously received in the internet advertising business led to a decline in revenue.