Komori
Aun Consulting (2459) · RiskRestated

Termination of Domestic Japanese-Language PPC Service Contracts

First written in FY2018-Q2. 4 of 7 entries say "Restated". Latest entry: FY2019.

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2years
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ProgressHeldSoftenedWorseMaterialisedFY2018-Q2RestatedFY2018-Q3WorsenedFY2018 – FY2019-Q1RestatedFY2019-Q2 – FY20192018: 420182019: 32019
Same theme, other companies
Decline in advertising agency revenue due to cancellation of contracts for large projectsA theme 6 companies write about · 7 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Restated".

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  1. FY2019RestatedAnnual report

    「As a result, the acquisition of new business partners, particularly for multilingual services, progressed steadily, but the Company was unable to offset the impact of major customers' temporary suspension of advertising placements and the termination of domestic Japanese-language PPC service contracts, leaving revenue and profit below the previous year's levels.」

    Although the acquisition of new business partners progressed steadily, the Company was unable to absorb the impact of major customers suspending advertising placements and the termination of domestic Japanese-language PPC service contracts. Marketing-business revenue declined 1.0% from the previous fiscal year, while segment profit declined 5.2%.
  2. FY2019-Q3RestatedAnnual report

    「However, the Company was unable to offset the impact of some customers' temporary suspension of advertising placements and the termination of domestic Japanese-language PPC service contracts, and revenue and profit remained below the previous year's levels. As a result, revenue in this business was ¥1,307.255 million, down 3.3% year on year, while segment profit was ¥97.515 million, down 25.5%.」

    The continued impact of some customers suspending advertising placements and the termination of domestic Japanese-language PPC service contracts resulted in a 3.3% year-on-year decline in marketing-business revenue and a 25.5% decline in segment profit.
  3. FY2019-Q2RestatedAnnual report

    「However, the Company was unable to offset the impact of some customers' temporary suspension of advertising placements and the termination of domestic Japanese-language PPC service contracts, and revenue and profit remained below the previous year's levels. As a result, revenue in this business was ¥811.477 million, down 12.4% year on year, while segment profit was ¥49.618 million, down 46.2%.」

    The continued impact of some customers suspending advertising placements and the termination of domestic Japanese-language PPC service contracts resulted in a 12.4% year-on-year decline in marketing-business revenue and a 46.2% decline in segment profit.
  4. FY2019-Q1WorsenedAnnual report

    「During the first-quarter cumulative consolidated period, revenue and profit in the marketing business remained below the previous year's levels due to the temporary suspension of advertising placements by some customers and the termination of domestic Japanese-language PPC service contracts.」

    In addition to the termination of domestic Japanese-language PPC service contracts, some customers temporarily suspended advertising placements, causing revenue and profit in the marketing business to decline year on year.
  5. FY2018WorsenedAnnual report

    「Revenue and profit declined due to the termination of some domestic Japanese-language PPC service contracts and delays in winning new business, and the Company was unable to recover the delay in its PPC profit plan.」

    In addition to the termination of some contracts, delays in winning new business and delays in the PPC profit plan emerged as factors behind the full-year declines in revenue and profit, with the impact of these risks continuing and expanding.
  6. FY2018-Q3RestatedAnnual report

    「However, revenue and profit remained below the previous year's levels due to the termination of some domestic Japanese-language PPC service contracts, upfront investment in recruiting and training global talent, and upfront costs associated with establishing the Vietnamese entity.」

    The termination of some domestic Japanese-language PPC service contracts continued to be cited as a negative factor for revenue and profit, while investment in global talent and the costs of establishing the Vietnamese entity were also incurred upfront.
  7. FY2018-Q2MaterialisedAnnual report

    「In the marketing business, performance remained solid in multilingual promotions, supported by strong demand for travel to Japan from Asia, but revenue and profit declined year on year due to the termination of domestic Japanese-language PPC service contracts and upfront investment in recruiting and training global talent.」

    The termination of domestic Japanese-language PPC service contracts actually occurred, and together with upfront investment in global talent, it caused revenue and profit in the marketing business to decline year on year.
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