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Gendai Agency (2411) · FactReframed

Decline in New Pachinko Hall Openings

First written in FY2017-Q2. 15 of 19 entries say "Restated". Latest entry: FY2025.

19entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY2021RestatedFY2023-Q2 – FY2024-Q32016: 12017: 420172018: 420182019: 320192020: 120202021: 120212022: 220222023: 120232024: 120242025: 12025
Same theme, other companies
Decline in demand for gaming halls and equipment upgrades as the pachinko market contractsA theme 11 companies write about · 14 as a headwind · 0 as a tailwind

Gendai Agency moved to the "Worse" side of this theme in 2025, 9 years after the typical company in this theme (2016).

The whole theme swung hardest in 2025: 4 of 10 companies on the "Worse" side.

1 other company's latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025ReframedAnnual report

    「In recent years, demand for land acquisitions associated with new pachinko hall openings has declined, while sales and other transactions involving pachinko halls and companies in other industries have increased.」

    The Company described a structural change in the real estate market, with declining demand for new openings and land acquisitions accompanied by an increase in sales from pachinko halls to companies in other industries.
  2. FY2024-Q3RestatedAnnual report

    「Some customers continue to curb advertising expenditure in an effort to secure funds for capital investment in next-generation machines.」

    The Company stated that continued restraint on advertising expenditure to secure funds for investment in next-generation machines is suppressing investment and advertising demand in the hall industry.
  3. FY2024-Q1RestatedAnnual report

    「However, advertising expenditure continues to trend downward as the Company seeks to secure funds for the investment required to introduce next-generation machines.」

    The Company continued to explain that pachinko halls are curbing advertising expenditure in order to secure funds for investment required to introduce next-generation machines.
  4. FY2023-Q2RestatedAnnual report

    「In addition, investment appetite for store renovations and purchases of new gaming machines is declining, partly because investment in new-standard machines and other equipment expected to be introduced in the future is being deferred.」

    The Company continued to explain that deferring investment in new-standard machines and other equipment is weakening investment appetite for store renovations and purchases of new gaming machines.
  5. FY2023-Q1WorsenedAnnual report

    「In addition, investment appetite for store renovations and purchases of new gaming machines is declining, partly because investment in new-standard machines and other equipment expected to be introduced in the future is being deferred.」

    The Company stated that deferring investment in new-standard machines and other equipment is weakening investment appetite for store renovations and purchases of new gaming machines.
  6. FY2021RestatedAnnual report

    「In the real estate business, there are currently no plans to acquire additional land. In recent years, demand for land acquisitions associated with new pachinko hall openings has declined, while the increase in M&A transactions between companies has become pronounced.」

    The Company stated that it had no plans to acquire additional land, against a backdrop of declining demand for new openings and land acquisitions and an increase in M&A transactions.
  7. FY2020-Q3RestatedAnnual report

    「Furthermore, with appetite for new openings declining, the number of new openings was exceptionally low compared with ordinary years, resulting in a decline in demand for announcements of large-scale new openings.」

    The Company continued to report that new openings in the hall industry were exceptionally few and that demand for announcements of large-scale new openings had declined.
  8. FY2020-Q2RestatedAnnual report

    「Furthermore, with appetite for new openings declining, the number of new openings was exceptionally low compared with ordinary years, resulting in a decline in demand for announcements of large-scale new openings.」

    The Company continued to report that new pachinko hall openings were exceptionally few and that demand for announcements of large-scale new openings had declined.
  9. FY2020-Q1RestatedAnnual report

    「Furthermore, with appetite for new openings declining, the number of new openings was exceptionally low compared with ordinary years, resulting in a decline in demand for announcements of large-scale new openings.」

    The Company continued to report that new pachinko hall openings were exceptionally few and that demand for announcements of large-scale new openings had declined.
  10. FY2019-Q3RestatedAnnual report

    「Furthermore, with appetite for new openings declining, the number of new openings was exceptionally low compared with ordinary years, resulting in a decline in demand for announcements of large-scale new openings.」

    The Company continued to report that new openings in the hall industry were exceptionally few and that demand for announcements of large-scale new openings had declined.
  11. FY2019-Q2RestatedAnnual report

    「Furthermore, with appetite for new openings declining, the number of new openings was exceptionally low compared with ordinary years, resulting in a decline in demand for announcements of large-scale new openings.」

    The Company continued to report that new openings in the hall industry were exceptionally few and that demand for announcements of large-scale new openings had declined.
  12. FY2019-Q1RestatedAnnual report

    「Furthermore, with appetite for new openings declining, the number of new openings was exceptionally low compared with ordinary years, resulting in an extreme decline in demand for announcements of large-scale new openings.」

    The Company continued to report that new openings in the hall industry were exceptionally few and that demand for announcements of large-scale new openings had also declined sharply.
  13. FY2018RestatedAnnual report

    「In recent years, demand for land acquisitions associated with new pachinko hall openings has declined, while the increase in intercompany M&A transactions has been pronounced.」

    The Company continued to report declining demand for new pachinko hall openings and land acquisitions.
  14. FY2018-Q3RestatedAnnual report

    「Furthermore, with appetite for new openings declining, the number of new openings was exceptionally low compared with ordinary years, resulting in an extreme decline in demand for announcements of large-scale new openings.」

    The Company continued to report that new openings in the hall industry were exceptionally few and that demand for announcements of large-scale new openings had also declined sharply.
  15. FY2018-Q2RestatedAnnual report

    「Furthermore, with appetite for new openings declining, the number of new openings was exceptionally low compared with ordinary years, resulting in an extreme decline in demand for announcements of large-scale new openings.」

    The Company continued to report that new openings in the hall industry were exceptionally few and that demand for announcements of large-scale new openings had also declined sharply.
  16. FY2018-Q1WorsenedAnnual report

    「In addition, amid the ongoing tightening of industry regulations aimed at addressing addiction and curbing excessive gambling incentives, an increasing number of hall operators are concerned about the outlook. Across the industry, investment appetite for new openings, store renovations and proactive purchases of new gaming machines is showing a marked decline compared with the past.」

    The Company stated that, in addition to fewer new openings, investment appetite across the hall industry, including store renovations and purchases of new gaming machines, is declining sharply.
  17. FY2017RestatedAnnual report

    「Although new openings are also on a declining trend, some major operators have begun acquiring companies in the same industry and purchasing existing operating locations before bringing them into their groups through changes in trade names, indicating that industry consolidation is progressing.」

    The Company continued to report a decline in new pachinko hall openings.
  18. FY2017-Q3RestatedAnnual report

    「Although new openings are also on a declining trend, some major operators have begun acquiring companies in the same industry and purchasing existing operating locations before bringing them into their groups through changes in trade names, indicating that industry consolidation is progressing.」

    The Company continued to state that new openings are trending downward in the pachinko hall industry.
  19. FY2017-Q2First statedAnnual report

    「Although new openings are also on a declining trend, some major operators have begun acquiring companies in the same industry and purchasing existing operating locations before bringing them into their groups through changes in trade names, indicating that industry consolidation is progressing.」

    The Company stated that new openings are structurally trending downward in the pachinko hall industry.
Moved together

"Uncertainty over the outlook for economic and financial conditions" moved the same way as this thread, in the same document, in 3 of its 19 moves.

322★123
  1. ★This thread
  2. 1Uncertainty over the outlook for economic and financial conditions3×
  3. 2Weak demand for advertising targeting pachinko halls2×
  4. 3Deteriorating Earnings in the Pachinko Hall Industry2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Gendai Agency's next results are scheduled for 2026-10-16. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decline in New Pachinko Hall Openings | GENDAI AGENCY INC. (2411) | Komori