Contraction of the Advertising Market Due to Economic Conditions
First written in FY2016. 18 of 24 entries say "Restated". Latest entry: FY2024-Q2.
Interspace 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: 6 of 10 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2023-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.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2023-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2023-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.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - 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.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - 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.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2021MaterialisedAnnual report
「However, performance-based advertising fell 6.1% year on year to ¥98.5 billion, affected by advertisers holding back on placements amid the spread of COVID-19.」
States that the performance-based advertising market fell 6.1% year on year as a result of advertisers holding back on placements due to COVID-19. - FY2021-Q3RestatedAnnual report
「Although affected by sluggish consumption and reduced advertising placements due to COVID-19, increased opportunities to access social media and video distribution services amid stay-at-home demand and stronger demand for programmatic advertising, centered on major platform operators, drove Internet advertising expenditure to grow substantially in 2020, up 5.9% year on year to ¥2.229 trillion (according to Dentsu Inc.).」
While recognising the impact of weak consumption and reduced advertising placements, continues to assess that internet advertising spending increased in 2020. - FY2021-Q2SoftenedAnnual report
「Although concerns remain about the impact of COVID-19 on the internet advertising market in which our group operates, internet advertising spending grew 5.9% year on year in 2020 to ¥2.229 trillion, driven by increased demand for social media and video streaming services resulting from stay-at-home demand and stronger demand for performance-based advertising, particularly from major platform operators (according to Dentsu Inc.).」
Although concerns remain about the impact of COVID-19, internet advertising spending increased in 2020, and the assessment of the environment surrounding the risk of market contraction has eased somewhat. - FY2021-Q1SoftenedAnnual report
「In addition, according to the November 2020 Monthly Report on the Current Survey of Selected Service Industries, total sales in the internet advertising industry increased 7.9% year on year, recovering to pre-pandemic levels.」
Regarding the risk of contraction in the advertising market, the assessment has changed following recognition that sales in the internet advertising industry increased 7.9% year on year and recovered to pre-pandemic levels. - FY2020MaterialisedAnnual report
「Meanwhile, according to the Specific Service Industry Dynamic Statistics Survey, internet advertising spending fell 14.2% year on year from April to June 2020 and continued to decline year on year thereafter. This is believed to have resulted from advertisers reducing their advertising budgets because of the impact of COVID-19, which also affected the internet advertising market.」
States that the risk of contraction in the advertising market materialised through advertisers' budget cuts and a 14.2% year-on-year decline in internet advertising spending. - FY2020-Q3RestatedAnnual report
「Against a market backdrop in which Internet advertising expenditure exceeded television media advertising expenditure in fiscal 2019 (according to Dentsu Inc.), steady performance, particularly among major platform operators, was expected to continue. However, the impact of an overall decline in advertising expenditure due to COVID-19 required close monitoring.」
While maintaining expectations for steady performance in the advertising market, continues to disclose the risk of reduced advertising spending due to COVID-19. - FY2020-Q2WorsenedAnnual report
「Although steady performance is still expected, particularly among major platform operators, we believe it is necessary to monitor such matters as revisions to advertising budgets resulting from the impact of the COVID-19 pandemic.」
While maintaining expectations for growth in the advertising market, explicitly identified revisions to advertising budgets resulting from COVID-19 as a new downside factor. - FY2019RestatedAnnual report
「However, the advertising market is sensitive to economic conditions, and if a sharp change in sentiment spreads to the advertising market as a whole or to internet advertising, it could affect our group's performance.」
While recognising growth in the internet advertising market, the risk of contraction in the advertising market due to economic conditions continues to be disclosed. - FY2019-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.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2019-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2019-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.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2018-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2018-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.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2017-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.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2017-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the risk of contraction in the advertising market due to economic conditions. - FY2017-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.」
States that there have been no material changes from the previous fiscal year's disclosures regarding the risk of contraction in the advertising market due to economic conditions. - FY2016First statedAnnual report
「However, the advertising market is sensitive to economic conditions, and if a sharp change in sentiment spreads to the advertising market as a whole or to internet advertising, it could affect our group's performance.」
Describes the risk that a sharp change in economic sentiment could spread to the advertising market and internet advertising.