Content-Related Investment Monetization Risk
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 2 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group will continue to engage in content-related businesses, including acquiring rights to and promoting sporting and other events, investing in film production, and producing programmes related to anime and characters. However, some of these media and content business activities entail investment risks, and if they do not proceed as planned or the Group is unable to secure earnings, they may adversely affect the Group's financial position and operating performance.」
The company continues to identify the risks that content-related investments may fall short of plan or fail to generate earnings. - FY2020RestatedAnnual report
「The Group will continue to engage in content-related businesses, including acquiring rights to and promoting sporting and other events, investing in film production, and producing programmes related to anime and characters. However, some of these media and content business activities entail investment risks.」
The company continues to describe the monetisation and investment risks associated with content-related investments. - FY2016First statedAnnual report
「The company will engage in content-related businesses, including acquiring rights to and promoting sporting and other events, investing in film production, and producing programmes related to anime and characters. However, some of these media and content business activities entail investment risks.」
It indicates the potential impact if activities do not proceed as planned or if the company is unable to secure earnings.