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Hakuhodo Dy Holdings (2433) · RiskMitigated

Reduced business with advertisers and lower fee levels

First written in FY2016. 5 of 9 entries say "Mitigated", first in FY2018. Latest entry: FY2026.

9entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016MitigatedFY2018 – FY2019WorsenedFY2020MitigatedFY2023 – FY20242016: 120162017: 020172018: 120182019: 120192020: 120202021: 020212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Concentration of transactions with media operators and major customersA theme 7 companies write about · 8 as a headwind · 0 as a tailwind

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

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. FY2026MitigatedAnnual report

    「In the fiscal year ending March 2026, revenue from the Group's 10 largest advertisers accounted for approximately 18% of the Group's domestic revenue.」

    The ratio of revenue from the 10 largest advertisers declined from approximately 20% in the previous fiscal year to approximately 18%.
  2. FY2025WorsenedAnnual report

    「In the fiscal year ended March 2025, revenue from the Group's 10 largest advertisers accounted for approximately 20% of the Group's domestic revenue.」

    The ratio of revenue from the 10 largest advertisers rose from approximately 18% of domestic revenue previously to approximately 20%.
  3. FY2024MitigatedAnnual report

    「In the fiscal year ended March 2024, revenue from the Group's 10 largest advertisers accounted for approximately 18% of the Group's domestic revenue.」

    The ratio of revenue from the 10 largest advertisers declined from approximately 21% of domestic revenue in the previous disclosure to approximately 18%.
  4. FY2023MitigatedAnnual report

    「In the fiscal year ended March 2023, revenue from the Group's 10 largest advertisers accounted for approximately 21% of the Group's domestic revenue.」

    Revenue from the 10 largest advertisers declined from approximately 22% of domestic revenue in the previous disclosure to approximately 21%.
  5. FY2022RestatedAnnual report

    「In the fiscal year ended March 2022, revenue from the Group's 10 largest advertisers accounted for approximately 22% of the Group's domestic revenue.」

    Concentration among the largest advertisers continues to be disclosed as a risk, measured at approximately 22% of domestic revenue.
  6. FY2020WorsenedAnnual report

    「In the fiscal year ended March 2020, revenue from the Group's 10 largest advertisers accounted for approximately 16% of the Group's total revenue.」

    Revenue from the 10 largest advertisers rose from approximately 15% in the previous fiscal year to approximately 16%.
  7. FY2019MitigatedAnnual report

    「In the fiscal year ended March 2019, revenue from the Group's 10 largest advertisers accounted for approximately 15% of the Group's total revenue.」

    Revenue from the 10 largest advertisers declined from approximately 16% in FY2018 to approximately 15%. The indicator of advertiser concentration declined further.
  8. FY2018MitigatedAnnual report

    「In the fiscal year ended March 2018, revenue from the Group's 10 largest advertisers accounted for approximately 16% of the Group's total revenue.」

    Revenue from the 10 largest advertisers was approximately 16%, down from just under 20% in FY2016.
  9. FY2016First statedAnnual report

    「In the fiscal year ended March 2016, revenue from the Group's 10 largest advertisers accounted for just under 20% of the Group's total revenue.」

    The Group indicates that cost reductions by advertisers and rationalisation of business relationships could lead to the termination or reduction of transactions and changes in compensation levels.
Moved together

"Focused Allocation of Human Resources and Funding for M&A and Infrastructure" moved the same way as this thread, in the same document, in 5 of its 9 moves.

555444★123456
  1. ★This thread
  2. 1Focused Allocation of Human Resources and Funding for M&A and Infrastructure5×
  3. 2Retention, Recruitment and Development of Outstanding Personnel5×
  4. 3Strategic Shareholdings Held to Maintain and Strengthen Business Relationships5×
  5. 4Strengthening Consumer Data-Driven Marketing4×
  6. 5Strengthening operations in emerging markets, primarily in Asia4×
  7. 6Dependence on procurement from major media companies4×

★ 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
No upcoming earnings preview for Hakuhodo Dy Holdings yet.
News
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Reduced business with advertisers and lower fee levels | HAKUHODO DY HOLDINGS INCORPORATED (2433) | Komori