Expansion in demand for video equipment driven by the Tokyo Olympic and Paralympic Games, urban redevelopment and other factors
First written in FY2017-Q1. 16 of 21 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2022-Q2.
0 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「The lull following demand related to the Tokyo Olympic and Paralympic Games coincided with the impact of the COVID-19 pandemic, resulting in a temporary decline in demand for new installations and renovations of large-scale video systems.」
It reconfirms the temporary decline in demand for large-scale video systems due to the post-Tokyo 2020 lull and the COVID-19 pandemic. - FY2022-Q1WorsenedAnnual report
「The development, manufacture and sale of video products has seen a temporary decline in demand for new installations and renovations of large-scale video systems, as the lull following demand related to the Tokyo Olympic and Paralympic Games coincided with the impact of the COVID-19 pandemic.」
It states that demand for new installations and renovations of large-scale video systems temporarily declined as the post-Tokyo 2020 lull coincided with the COVID-19 pandemic. - FY2021-Q3AdvancedAnnual report
「In the video product development, manufacturing and sales business, performance remained strong as the Company handled large-scale projects, including temporary facilities related to the Tokyo Olympics and Paralympics, newly built arenas and apparel stores, resulting in revenue and profit exceeding those of the same quarter of the previous year.」
The video business handled large-scale video projects for Tokyo 2020-related temporary facilities, newly constructed arenas and apparel stores, and its revenue and profit exceeded the year-earlier period. - FY2021-Q2AdvancedAnnual report
「In the video product development, manufacturing and sales business, the impact of the COVID-19 pandemic remained limited at this point. The Company steadily executed large-scale projects, including temporary facilities related to the Tokyo Olympics and Paralympics, apparel stores and newly built arenas, resulting in revenue and profit exceeding those of the same quarter of the previous year.」
In the video business, the impact of the pandemic remained limited. The Company executed large-scale projects for Tokyo 2020-related temporary facilities, apparel stores and newly built arenas, and revenue and profit exceeded those of the previous year. - FY2021-Q1AdvancedAnnual report
「The Company steadily executed large-scale projects for temporary facilities related to the Tokyo Olympics and Paralympics and for apparel stores, resulting in revenue and profit exceeding those of the same quarter of the previous year.」
In the video products business, the impact of the COVID-19 pandemic remained limited at this point. Projects for Tokyo 2020-related temporary facilities and apparel stores resulted in revenue of ¥469 million and segment profit of ¥100 million. - FY2020WorsenedAnnual report
「The postponement of the Tokyo Olympics and Paralympics, together with the cancellation and postponement of concerts and events, has had an impact, and the concert and event industry is facing an unprecedented crisis.」
The demand environment deteriorated as Tokyo 2020 was postponed and events were cancelled or postponed, reversing the previous tailwinds of growing video demand driven by Tokyo 2020 and urban redevelopment. - FY2020-Q3AdvancedAnnual report
「In the video product development, manufacturing and sales business, the Company handled projects for facilities related to the Tokyo Olympics and Paralympics, public sports betting venues, apparel stores and the Ikebukuro Nishiguchi Park outdoor theater project in Toshima Ward, Tokyo, and performance remained steady.」
The Company handled projects for Tokyo 2020-related facilities, public sports betting venues, apparel stores and the Ikebukuro Nishiguchi Park outdoor theater. While revenue fell below the previous year, profit exceeded the previous year due to an increase in highly profitable large-scale projects. - FY2020-Q2AdvancedAnnual report
「In the video product development, manufacturing and sales business, the Company handled projects related to facilities for the Tokyo Olympics and Paralympics, redevelopment around Minami-Machida Station, and international conference and exhibition venues, resulting in higher revenue and profit than in the same quarter of the previous year.」
The Company handled projects for Tokyo 2020-related facilities, redevelopment around Minami-Machida Station, and international conference and exhibition venues, and revenue and profit in the video business exceeded those of the previous year. - FY2020-Q1AdvancedAnnual report
「In the video product development, manufacturing and sales business, the Company handled projects related to facilities for the Tokyo Olympics and Paralympics and redevelopment around Minami-Machida Station in Tokyo, resulting in higher revenue than in the same quarter of the previous year.」
The Company handled video projects for Tokyo 2020-related facilities and redevelopment around Minami-Machida Station, and revenue from the video business exceeded that of the previous year. - FY2019AdvancedAnnual report
「During the fiscal year, the Group worked together to reliably address demand for facility development ahead of the upcoming 2020 Tokyo Olympics and Paralympics and strong demand for concerts and events. As a result, it won numerous large-scale projects, including sales of video and audio equipment for sports facilities. In addition, the results of the newly consolidated subsidiaries contributed, and revenue reached a record high.」
Against the backdrop of demand for facility development ahead of Tokyo 2020, the Company won numerous large-scale projects, and consolidated revenue reached a record high with contributions from the new subsidiaries. - FY2019-Q3AdvancedAnnual report
「In the video product development, manufacturing and sales business, the Company completed deliveries of large-scale LED display systems to Olympic and Paralympic sports facilities and delivered large outdoor video screens in front of Shibuya Station in Tokyo, resulting in revenue and profit exceeding those of the same quarter of the previous year.」
Amid demand for video solutions driven by Tokyo 2020 and urban redevelopment, the Company completed deliveries to sports facilities and a large outdoor video screen in front of Shibuya Station, and revenue and profit in the video business exceeded those of the previous year. - FY2019-Q2AdvancedAnnual report
「During the six-month period ended with the second quarter, the Group worked together to reliably address demand for facility development ahead of the upcoming 2020 Tokyo Olympics and Paralympics and strong demand for concerts and events. As a result, it won numerous large-scale projects, including sales of audio and video equipment for sports facilities, and revenue reached a record high for a six-month period ended with the second quarter.」
Against the backdrop of demand for facility development ahead of Tokyo 2020, the Company won numerous large-scale projects, and revenue for the six-month period ended with the second quarter reached a record high. - FY2019-Q1AdvancedAnnual report
「In the video product development, manufacturing and sales business, as direct demand associated with the 2020 Tokyo Olympics and Paralympics began to materialize in earnest, the Company completed deliveries of large-scale LED display systems to sports facilities.」
Direct demand ahead of Tokyo 2020 began to materialize in earnest, and the Company completed deliveries of large-scale LED display systems to sports facilities. Meanwhile, revenue from the video business fell 10.1% year on year. - FY2018AdvancedAnnual report
「In the video product development, manufacturing and sales business, inquiries for new installations and renewals of large-scale video systems increased, driven by greater capital investment associated with the Tokyo Olympics and Paralympics, rising inbound demand and increased urban redevelopment. In addition to supplying ultra-high-definition LED display systems to broadcasters, the Company continued to deliver systems to prominent landmark facilities, aquariums and other leisure destinations, and sports facilities, resulting in revenue and profit exceeding those of the previous fiscal year.」
In addition to continued demand for large-scale video systems, the Company reported delivery results for broadcasters, landmark facilities, aquariums and sports facilities, with revenue up 26.1% and segment profit up 279.9%. - FY2018-Q3No large-scale projects in the third quarterAnnual report
「In the video product development, manufacturing and sales business, inquiries for new installations and renewals of large-scale video systems increased, driven by greater capital investment toward the 2020 Tokyo Olympics and Paralympics, rising inbound demand and increased urban redevelopment. There were no large-scale projects in the third quarter, so the Company focused on steadily executing orders already received ahead of the fourth quarter, when delivery deadlines are concentrated, and identifying new projects for the following fiscal year and beyond.」
While inquiries for large-scale video systems continued to increase, there were no large-scale projects in the third quarter. The Company focused on executing projects ahead of the fourth quarter, when delivery deadlines are concentrated, and identifying new projects for the following fiscal year and beyond. - FY2018-Q2AdvancedAnnual report
「In the video product development, manufacturing and sales business, inquiries for new installations and renewals of large-scale video systems increased, driven by the growth in inbound tourism and urban redevelopment. Against this backdrop, the Company delivered LED display systems to Shibuya Cast, built as part of the redevelopment around Shibuya Station in Tokyo, as well as Yokohama Hakkeijima Sea Paradise and Omotesando Hills. However, these projects did not cover the large-scale projects recorded in the same quarter of the previous year, resulting in lower revenue and profit in the video business.」
While inquiries for large-scale video systems continued to increase, the Company added specific delivery results, including Omotesando Hills. However, it was unable to make up for the large-scale projects recorded in the previous year, and the video business reported lower revenue and profit. - FY2018-Q1AdvancedAnnual report
「In the video product development, manufacturing and sales business, inquiries for new installations and renewals of large-scale video systems increased, driven by the 2020 Tokyo Olympics and Paralympics, greater capital investment and inbound demand, and urban redevelopment. Against this backdrop, the Company supplied LED display systems to prominent locations including Shibuya Cast, a mixed-use complex built as part of the redevelopment around Shibuya Station in Tokyo, and Yokohama Hakkeijima Sea Paradise. Although results fell short of those in the same quarter of the previous year, which included large-scale projects, the Company remained profitable.」
In addition to increased inquiries for large-scale video systems, the Company reports specific project results, including deliveries of LED display systems to Shibuya Cast and Yokohama Hakkeijima Sea Paradise. - FY2017AdvancedAnnual report
「Against this backdrop, the Company received several large orders, including from automobile manufacturers' showrooms, major commercial facilities and Yokohama Arena. Revenue increased from the same period of the previous year, profit improved, and the business became profitable.」
The Company reports specific full-year progress in the video products business, including large orders, a 15.5% year-on-year increase in revenue and a return to profitability. - FY2017-Q3AdvancedAnnual report
「In the video product development, manufacturing and sales business, demand for new installations and renewals of large-scale video systems is expanding, driven by urban redevelopment toward 2020 and efforts to accommodate inbound tourists. Against this backdrop, the Company received several large orders, including the Yokohama Arena project, and actively pursued proposals aimed at securing projects for the fiscal year-end, resulting in higher revenue and profit than in the same quarter of the previous year.」
While demand for large-scale video systems continued to expand, the Company reported large orders including the Yokohama Arena project, proposal activities for fiscal year-end projects, and higher revenue and profit year on year. - FY2017-Q2AdvancedAnnual report
「In the video product development, manufacturing and sales business, demand for new installations and renewals of large-scale video systems is expanding, driven by urban redevelopment ahead of 2020 and efforts to accommodate inbound tourists. Against this backdrop, the Company handled several large-scale projects, including video system projects involving LED displays for the major renovation of Yokohama Arena, resulting in higher revenue and profit than in the same quarter of the previous year.」
In addition to explaining the increase in demand, the Company reported specific orders, including the large-scale Yokohama Arena project, and a 101.2% year-on-year increase in revenue from the video business. - FY2017-Q1First statedAnnual report
「In the video product development, manufacturing and sales business, demand for new installations and renewals of large-scale video systems is expanding, driven by the Tokyo Olympics and Paralympics, urban redevelopment and efforts to accommodate inbound tourists.」
The Company identifies the Olympics, urban redevelopment and measures to accommodate inbound tourists as factors driving increased demand for large-scale video systems.