Losses due to the initial investment burden of the casino operations business
First written in FY2018-Q2. 9 of 11 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021DroppedAnnual reportThe electronic casino operations business in Southeast Asia was excluded from the consolidated results at the end of the previous fiscal year, and the current fiscal year contains no new reference to initial investment costs as a factor behind the loss in Other Businesses.
- FY2020WorsenedAnnual report
「As a result, revenue was limited to ¥64 million, down 35.5% year on year, while the segment loss was ¥154 million, compared with a loss of ¥149 million in the same period of the previous year, due mainly to sluggish revenue and the burden of amortizing initial investments.」
Revenue remained sluggish in Other Businesses, including the casino operations business, and the segment loss widened to ¥154 million. - FY2020-Q3WorsenedAnnual report
「As a result, revenue was limited to ¥51 million, up 20.3% year on year, while the segment loss was ¥123 million, compared with a loss of ¥117 million in the same period of the previous year, due mainly to sluggish revenue and the burden of amortizing initial investments.」
The segment loss in Other Businesses widened from ¥99 million in the cumulative period through the previous quarter to ¥123 million, and sluggish revenue and the burden of amortizing initial investments continued to be cited. - FY2020-Q2WorsenedAnnual report
「As a result, revenue was limited to ¥36 million, up 31.5% year on year, while the segment loss was ¥99 million, compared with a loss of ¥77 million in the same period of the previous year, due mainly to sluggish revenue and the burden of amortizing initial investments.」
The segment loss in Other Businesses, including the casino operations business, widened from ¥77 million in the same period of the previous year to ¥99 million, with sluggish revenue and the burden of amortizing initial investments cited as factors. - FY2020-Q1WorsenedAnnual report
「During the quarter, revenue remained sluggish due to a decline in customer traffic at the casino facility operated under contract. As a result, revenue was limited to ¥16 million, up 49.5% year on year, and the segment loss was ¥52 million, compared with a loss of ¥38 million in the same period of the previous year, due to the impact of amortization of initial investment and other factors.」
In the casino operations business, revenue growth has stalled due to declining customer traffic, and the segment loss, including the burden of amortizing initial investments, has widened from ¥38 million in the same period of the previous year to ¥52 million. - FY2019-Q3WorsenedAnnual report
「During the previous consolidated fiscal year, all shares of Gendai R1 Ltd., which had been testing a food-service business in Hong Kong, were sold outside the group and the company was excluded from the scope of consolidation. As a result, revenue was ¥42 million, down 26.8% year on year, and the segment loss was ¥117 million, compared with a loss of ¥91 million in the same period of the previous year, mainly due to the impact of amortization of initial investment in the casino operations business and other factors.」
The Other segment's loss expanded from ¥91 million in the same period of the previous year to ¥117 million due to the amortization burden of the initial investment in the casino operations business and other factors. - FY2019-Q2WorsenedAnnual report
「During the previous consolidated fiscal year, all shares of Gendai R1 Ltd., which had been testing a food-service business in Hong Kong, were sold outside the group and the company was excluded from the scope of consolidation. As a result, revenue was ¥27 million, down 28.1% year on year, and the segment loss was ¥77 million, compared with a loss of ¥45 million in the same period of the previous year, mainly due to the impact of amortization of initial investment in the casino operations business and other factors.」
The Other segment's loss expanded from ¥45 million in the same period of the previous year to ¥77 million due to the amortization burden of the initial investment in the casino operations business and other factors. - FY2019-Q1WorsenedAnnual report
「During the previous consolidated fiscal year, all shares of Gendai R1 Ltd., which had been testing a food-service business in Hong Kong, were sold outside the group and the company was excluded from the scope of consolidation. As a result, revenue was ¥11 million, down 42.7% year on year, and the segment loss was ¥38 million, compared with a loss of ¥3 million in the same period of the previous year, mainly due to the impact of amortization of initial investment in the casino operations business and other factors.」
The Other segment's loss expanded from ¥3 million in the same period of the previous year to ¥38 million due to the amortization burden of the initial investment in the casino operations business and other factors. - FY2018WorsenedAnnual report
「Revenue was ¥69 million, down 21.0% year on year, and the segment loss was ¥134 million, compared with a loss of ¥19 million in the same period of the previous year, mainly due to the impact of the initial investment burden in the casino operations business and other factors.」
The Other segment's full-year loss expanded from ¥19 million in the same period of the previous year to ¥134 million due to the initial investment burden of the casino operations business and other factors. - FY2018-Q3WorsenedAnnual report
「As a result, revenue was ¥58 million, up 1.1% year on year, and the segment loss was ¥91 million, compared with a loss of ¥13 million in the same period of the previous year, mainly due to the impact of the initial investment burden in the casino operations business and other factors.」
The disclosure states that the Other segment's loss expanded from ¥13 million in the same period of the previous year to ¥91 million due to the initial investment burden of the casino operations business and other factors. - FY2018-Q2First statedAnnual report
「As a result, revenue was ¥38 million, down 4.0% year on year, and the segment loss was ¥45 million, compared with a loss of ¥6 million in the same period of the previous year, mainly due to the impact of the initial investment burden in the casino operations business and other factors.」
The disclosure states that the Other segment posted a loss of ¥45 million due to the initial investment burden of the casino operations business and other factors.