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Hibino (2469) · FactAdvanced

Record-high concert project revenue for the cumulative period through the third quarter

First written in FY2017-Q3. 11 of 20 entries say "Advanced", first in FY2017. Latest entry: FY2026.

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ProgressHeldSoftenedWorseAdvancedFY2017 – FY2020-Q3OtherFY2020 – FY2022-Q3AdvancedFY2024-Q1 – FY20262017: 220172018: 120182019: 420192020: 420202021: 320212022: 220222023: 220232024: 120242025: 020252026: 12026
Same theme, other companies
Record-high revenue and profit in the concert and event services businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「The acquisition of this series of large-scale projects brought revenue to unprecedented levels and segment profit to a record high, substantially increasing profit for the Group as a whole.」

    The Concert and Event Services business secured large-scale projects including stadium performances, dome tours, Expo 2025 Osaka-Kansai and the Japan Mobility Show, resulting in record-high revenue and segment profit.
  2. FY2024-Q3AdvancedAnnual report

    「In particular, the Japan Mobility Show, held for the first time in four years after being renamed from the Tokyo Motor Show, generated the largest order value ever, exceeding that of previous Tokyo Motor Shows. The holding of international events such as the G7 Hiroshima Summit and the World Aquatics Championships 2023 Fukuoka also contributed, as the business secured these special-demand projects and drove the expansion of Group-wide revenue and profit.」

    The Concert and Event Services business secured special-demand projects including the Japan Mobility Show, the G7 Hiroshima Summit and the World Aquatics Championships 2023 Fukuoka, driving revenue and profit growth.
  3. FY2024-Q1AdvancedAnnual report

    「The business also operated the audio distribution, video, sound and lighting systems at the international media center and various venues for a major international conference held in May. This contributed to record-high revenue for a first-quarter cumulative consolidated period and drove profit improvement for the Group as a whole.」

    The Concert and Event Services business operated systems for a major international conference, resulting in record-high cumulative first-quarter revenue for the business.
  4. FY2023-Q3Market recovery offset by a pullback from special demand in the previous year, resulting in lower revenue and profitAnnual report

    「Revenue and segment profit in the Concert and Event Services business fell below the same quarter of the previous year, which benefited from special demand related to the Tokyo Olympic and Paralympic Games. In the core concert market, many concerts shifted to venues operating at 100% capacity under guidelines established by the government and local authorities. Performances by overseas artists in Japan, large dome- and stadium-scale tours and music festivals were held, restoring the vibrancy seen before the pandemic and accelerating the recovery.」

    Although cumulative revenue and profit fell below the same period of the previous year due to the pullback from special demand related to Tokyo 2020, the market recovery accelerated with the return of performances at 100% capacity, performances by overseas artists, large-scale tours and music festivals.
  5. FY2023-Q1AdvancedAnnual report

    「Based on guidelines established by the government and local authorities, the Concert and Event Services business saw the gradual resumption of performances by overseas artists in Japan and large dome- and stadium-scale tours. Although activity had not yet returned to pre-pandemic levels, the concert market continued to recover. The corporate events and convention markets also remained strong, resulting in revenue above the same quarter of the previous year and a return to profitability.」

    As the concert market recovered and performances by overseas artists and large-scale tours resumed, the Concert and Event Services business recorded revenue of ¥3,023 million, up 42.8% year on year, and segment profit of ¥126 million, returning to profitability.
  6. FY2022-Q3Significant improvement and continued profitability in the cumulative third quarter of fiscal year 59Annual report

    「As a result, revenue was ¥12,602 million, up 271.6% year on year, and segment profit was ¥2,217 million, compared with a segment loss of ¥2,895 million in the same period of the previous year.」

    Revenue in the Concert and Event Services business increased 271.6% year on year, driven by achieving the sales plan for Tokyo 2020-related projects, securing other projects and the easing of event restrictions, and segment profit turned positive from a loss in the same period of the previous year.
  7. FY2022-Q2Significant improvement and return to profitability in the cumulative second quarter of fiscal year 59Annual report

    「The Concert and Event Services business experienced the cancellation or postponement of scheduled concerts and events as the third and fourth states of emergency were declared amid continuing restrictions on and calls for restraint regarding event staging. Although conditions remained difficult, the business improved significantly from the same quarter of the previous year, when it was forced to suspend operations entirely.」

    Although event restrictions, cancellations and postponements continued, the business improved significantly from the full suspension of operations in the same period of the previous year, recording revenue of ¥9,735 million and segment profit of ¥2,189 million and returning to profitability.
  8. FY2022-Q1Significant year-on-year improvement, but losses continuedAnnual report

    「The Concert and Event Services business was affected by restrictions on and calls for restraint regarding event staging, and the third state of emergency resulted in the cancellation of scheduled concerts and events. Although conditions remained difficult, the business improved significantly from the same quarter of the previous year, when it was forced to suspend operations entirely.」

    The business improved significantly from the full suspension of operations in the same period of the previous year, with revenue of ¥2,118 million, up 328.3% year on year, and the segment loss narrowing to ¥312 million from ¥1,329 million in the same period of the previous year. However, event cancellations and losses continued.
  9. FY2021-Q3Signs of recovery as events resumed, but sharp revenue decline and continuing lossesAnnual report

    「Although the operating environment for the Concert and Event Services business remained difficult, in-person concerts and events began to resume as restrictions on event staging were eased in stages. Demand for live streaming also increased, and signs of recovery emerged from the decline through the second quarter. As a result, revenue was ¥3,391 million, down 68.9% year on year, and the segment reported a loss of ¥2,895 million, compared with segment profit of ¥1,769 million in the same period of the previous year.」

    While the phased easing of event restrictions and demand for live streaming indicated signs of recovery, revenue fell 68.9% year on year and the segment posted a loss of ¥2,895 million.
  10. FY2021-Q2Sharp revenue decline and continuing operating loss in the cumulative second quarter of fiscal year 58Annual report

    「As a result, revenue was ¥1,302 million, down 80.6% year on year, and the segment reported a loss of ¥2,495 million, compared with segment profit of ¥1,022 million in the same period of the previous year.」

    Revenue in the Concert and Event Services business fell 80.6% year on year due to restrictions on and calls for restraint regarding event staging, and the business swung from segment profit to a loss of ¥2,495 million.
  11. FY2021-Q1Sharp revenue decline and operating loss due to the pandemicAnnual report

    「The Concert and Event Services business remains in a difficult position, as the impact of COVID-19 continues to make it difficult to hold events. With concerts, sporting events and conventions almost entirely absent, the corporate events business received orders for annual general meetings as usual and benefited from new demand, including online streaming. However, most of the business remains closed at present, and conditions have become increasingly severe.」

    Events in the Concert and Event Services business were almost entirely absent, resulting in an 85.2% year-on-year decline in revenue and a segment loss of ¥1,329.9 million.
  12. FY2020Full-year revenue growth and profit decline due to infectious diseaseAnnual report

    「Revenue in the Concert and Event Services business increased as the concert market remained strong, while large-scale international events, including major international conferences, the Rugby World Cup 2019 Japan tournament and the Tokyo Motor Show, were held and the business secured these special-demand projects. However, from mid-February 2020 onward, the spread of COVID-19 led to the cancellation or postponement of the majority of concerts and events.」

    Full-year revenue increased on the acquisition of special-demand projects related to major international events, while profit fell below the same period of the previous year due to event cancellations and postponements from mid-February 2020 onward.
  13. FY2020-Q3AdvancedAnnual report

    「There were more large concert tours than in a typical year, increasing both the number of projects and revenue per project. The company also secured special-demand projects, including the Rugby World Cup 2019 Japan and the Tokyo Motor Show, driving Group earnings.」

    The increase in large concert tours improved both the number of projects and revenue per project, and the company also secured special-demand projects for the Rugby World Cup 2019 Japan and the Tokyo Motor Show. Revenue and profit in the Concert and Event Services Business exceeded the year-earlier period.
  14. FY2020-Q2AdvancedAnnual report

    「The Concert and Event Services Business handled more large concert tours than in a typical year, increasing both the number of projects and revenue per project. It also secured special-demand projects, including large international conferences and the Rugby World Cup 2019 Japan, driving Group earnings.」

    The increase in large concert tours improved both the number of projects and revenue per project, and the company also secured special-demand projects for large international conferences and the Rugby World Cup 2019 Japan.
  15. FY2020-Q1AdvancedAnnual report

    「The Concert and Event Services Business handled more large concert tours than in a typical year, increasing both the number of projects and revenue per project.」

    The number of large concert tours exceeded the usual level, increasing both the number of projects and revenue per project. Revenue in the Concert and Event Services Business increased 29.0% year on year, while segment profit increased 69.5%.
  16. FY2019AdvancedAnnual report

    「Revenue in the Concert and Event Business reached a record high, driven by the acquisition of numerous large dome- and arena-scale concert tours in its core concert market and strong performance in other markets, including sports, making a major contribution to Group earnings.」

    The business acquired numerous large dome- and arena-scale tours, driving full-year revenue in the Concert and Event Business to a record high.
  17. FY2019-Q3AdvancedAnnual report

    「Revenue in the Concert and Event Business reached a record high for a cumulative third-quarter consolidated period, while profit reached its second-highest level ever, due to the acquisition of numerous large dome- and arena-scale concert tours in its core concert market and strong performance in other markets, including sporting events.」

    The business acquired numerous large concert tours, driving cumulative third-quarter revenue in the Concert and Event Business to a record high and profit to its second-highest level ever.
  18. FY2019-Q2AdvancedAnnual report

    「Revenue and profit in the Concert and Event Business reached record highs for a cumulative second-quarter consolidated period, due to the acquisition of numerous large dome- and arena-scale concert tours in its core concert market and strong performance in other markets, including sporting events.」

    The business acquired numerous large dome- and arena-scale tours, driving revenue and profit in the Concert and Event Business to record highs for a cumulative second-quarter consolidated period.
  19. FY2017AdvancedAnnual report

    「Revenue from concert projects, including both audio and video services, reached a record high.」

    This indicates that full-year concert project revenue reached a record high, following the record high for the cumulative third-quarter consolidated period.
  20. FY2017-Q3First statedAnnual report

    「Revenue from concert projects, including both audio and video services, reached a record high for a cumulative third-quarter consolidated period.」

    Revenue from concert projects, combining audio and video services, reached a record high for a cumulative third-quarter consolidated period.
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Record-high concert project revenue for the cumulative period through the third quarter | Hibino Corporation (2469) | Komori