Declining Value of Print Media amid the Advancement of Digital Media
First written in FY2016. 23 of 28 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 13 of 25 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if the relative media value of these digital media increases going forward and the number of readers of the Town News newspaper declines, resulting in a significant decrease in advertising, this could affect our financial position and operating results.」
Continues to identify the risk of declining print readership and advertising due to the increasing relative value of digital media, and identifies securing the value of print media, digital advertising and non-media businesses as measures for structural reform. - FY2025WorsenedAnnual report
「The free local newspaper industry in which we operate continues to face a particularly challenging operating environment for print media, as the shift to digital media progresses further and media selection and price competition become entrenched.」
Explicitly states that the shift to digital media is progressing "further," while media selection and price competition become entrenched and challenging conditions for print media persist. - FY2024-Q3RestatedAnnual report
「Meanwhile, the economic outlook remains uncertain due to the prolonged situations in Ukraine and the Middle East and the associated geopolitical risks, persistently high resource prices and the impact of yen depreciation.」
Continues to identify uncertainty over the economic outlook due to the prolonged situations in Ukraine and the Middle East, persistently high resource prices and the impact of yen depreciation. - FY2023-Q3RestatedAnnual report
「The operating environment surrounding the free local newspaper and advertising industries in which we operate continues to be characterized by entrenched intensifying competition resulting from the diversification of advertising media, including the Web and SNS.」
Continues to identify the diversification of advertising media, including the Web and SNS, and entrenched intensifying competition as persistently challenging conditions in the free local newspaper and advertising industries, including print media. - FY2023-Q2RestatedAnnual report
「The free local newspaper and advertising industries in which we operate continue to face an operating environment in which competition has become increasingly intense due to the diversification of advertising media, including the Web and SNS.」
Continues to identify the diversification of advertising media, including the Web and SNS, and entrenched intensifying competition as challenging competitive conditions in the industry, including print media. - FY2022RestatedAnnual report
「However, if the relative media value of these digital media increases going forward and the number of readers of the print Town News declines, resulting in a significant decrease in advertising, this could affect our financial position and operating results.」
Continues to identify the risk that an increase in the relative value of digital media will reduce print readership and advertising. - FY2022-Q1RestatedAnnual report
「The free local newspaper and advertising industries in which we operate continue to face a challenging environment, as price competition becomes entrenched through the diversification of advertising media, including the Web and SNS, while private-sector advertising placements remain sluggish due to the spread of COVID-19.」
Continues to identify challenging industry conditions involving the diversification of advertising media, including the Web and SNS, entrenched price competition and sluggish private-sector advertising placements. - FY2021RestatedAnnual report
「However, if these digital media continue to increase their relative media value and the number of readers of the print Town News declines, resulting in a significant decrease in advertising, this could affect our financial position and operating results.」
While continuing to identify the possibility that the progression of digital media will reduce print readership and advertising as a risk, it identifies comprehensive initiatives, including locally focused print media, the Web and other media, as countermeasures. - FY2021-Q3RestatedAnnual report
「The free local newspaper and advertising industries in which we operate face a challenging operating environment, as digital transformation, including the Web and SNS, necessitates optimizing media to reflect current conditions, while a climate of restraint on advertising associated with the prolonged spread of COVID-19 also persists.」
Continues to identify challenging industry conditions involving pressure to optimize media as a result of digital transformation, including the Web and SNS, together with ongoing restraint on advertising associated with the prolonged spread of infection. - FY2021-Q2RestatedAnnual report
「The free local newspaper and advertising industries in which we operate continue to face unprecedentedly challenging operating conditions, as the diversification of advertising media, including the Web and SNS, has made intensified competition entrenched, while the economic downturn amid COVID-19 has compounded the situation.」
Continues to identify challenging industry conditions in which the economic downturn amid COVID-19 compounds the diversification of advertising media, including the Web and SNS, and intensifying competition. - FY2021-Q1RestatedAnnual report
「The free local newspaper industry in which we operate continues to face a challenging environment, as private-sector advertising placements remain difficult amid COVID-19, while the diversification of advertising media, including the Web and SNS, has made price competition entrenched.」
Continues to identify the challenging conditions surrounding print media, including the difficulty of private-sector advertising placements amid COVID-19, the diversification of advertising media such as the Web and SNS, and ongoing price competition. - FY2020WorsenedAnnual report
「The free local newspaper and advertising industries in which we operate face unprecedentedly challenging conditions, as advertising media and target audiences, including those on the Web and SNS, diversify and price competition becomes entrenched, while the impact of COVID-19 is also significant.」
States that, in addition to the diversification of digital media and target audiences and price competition, the impact of COVID-19 has made conditions in the free local newspaper and advertising industries unprecedentedly challenging. - FY2020-Q3WorsenedAnnual report
「The free local newspaper industry in which we operate continues to face an increasingly challenging operating environment, as digital transformation, including the internet and SNS, progresses further and a climate of restraint on events and advertising associated with the spread of COVID-19 adds to the already difficult conditions.」
States that, in addition to the advance of digital transformation, including the internet and SNS, restraint on events and advertising associated with the infectious disease made conditions in the free local newspaper industry, including print media, even more challenging. - FY2020-Q2RestatedAnnual report
「The free local newspaper market in which we operate continues to face a challenging operating environment, as advertising media, including the Web and SNS, become more diverse, while customer acquisition and price competition remain issues.」
Continues to identify the challenging conditions surrounding print media arising from the diversification of advertising media, including the Web and SNS, competition for customers and price competition. - FY2020-Q1RestatedAnnual report
「The free local newspaper industry in which we operate continues to face a challenging environment, as the diversification of advertising media, including the Web and SNS, has made price competition entrenched, particularly making it difficult to secure advertising for print media.」
Continues to identify the diversification of advertising media, including the Web and SNS, entrenched price competition and the challenging environment for securing advertising in print media. - FY2019RestatedAnnual report
「However, if these digital media continue to increase their relative media value and the number of readers of the print Town News declines, resulting in a significant decrease in advertising, this could affect our financial position and operating results.」
Continues to identify as a risk the possibility that the progression of digital media will reduce print readership and advertising. - FY2019-Q3RestatedAnnual report
「The free local newspaper industry in which we operate continues to face a challenging operating environment, as advertising media, including the Web and SNS, become increasingly diverse and competition for customers and price competition become entrenched.」
Continues to identify the diversification of advertising media, including the Web and SNS, competition for customers and entrenched price competition as challenging conditions in the free local newspaper industry. - FY2019-Q2RestatedAnnual report
「The free local newspaper market in which we operate continues to face a challenging operating environment, as advertising media and target audiences, including those on the Web, become more diverse, while customer acquisition and price competition remain issues.」
Continues to identify the diversification of advertising media and target audiences, customer acquisition competition and price competition as challenging conditions in the free local newspaper market. - FY2019-Q1RestatedAnnual report
「The free local newspaper industry in which we operate continues to face a challenging operating environment, as advertising media diversify across the Web, SNS and the internet, while price competition becomes entrenched.」
Continues to identify the diversification of advertising media, including the Web, SNS and the internet, and entrenched price competition as challenging conditions surrounding print media. - FY2018RestatedAnnual report
「The free local newspaper industry in which we operate continues to face a challenging environment, as the shift to digital media progresses, media selection and price competition become entrenched, and other factors persist.」
Continues to identify the shift to digital media, media selection and entrenched price competition as challenging industry conditions. - FY2018-Q3RestatedAnnual report
「The free-paper industry to which the company belongs remains in a difficult operating environment, as advertising media and target audiences become increasingly diverse and price competition with internet advertising becomes entrenched.」
The company continues to present diversification of advertising media and target audiences and persistent price competition with internet advertising as a difficult industry environment. - FY2018-Q2RestatedAnnual report
「The free-paper market to which the company belongs remains in a difficult operating environment, as media and target-audience diversification continues to advance and price competition with internet advertising has become entrenched.」
The company continues to present media and target-audience diversification and persistent price competition with internet advertising as a difficult industry environment. - FY2018-Q1RestatedAnnual report
「The free-paper industry to which the company belongs remains in a difficult operating environment, as consumer sentiment and advertising demand stagnate, media diversification advances, and price competition with internet advertising and other media has become entrenched.」
The company continues to describe stagnant consumer sentiment and advertising demand, media diversification, and persistent price competition with internet advertising as a difficult industry environment. - FY2017RestatedAnnual report
「However, if digital media lowers the value of print media in the future, reducing the number of readers of the print version of Town News and causing a significant decline in advertisers, this could affect the company's financial condition and operating results.」
The company continues to identify the advance of digital media as a risk that could reduce the value of print media, its readership, and its number of advertisers. - FY2017-Q3RestatedAnnual report
「The free-paper industry to which the company belongs remains in a difficult operating environment, as advertising media and target audiences become increasingly diverse and price competition with internet advertising becomes entrenched.」
The company continues to describe diversification of advertising media and target audiences and persistent price competition with internet advertising as a difficult industry environment. - FY2017-Q2RestatedAnnual report
「The free-paper market to which the company belongs remains in a difficult operating environment, as media and target-audience diversification continues to advance and price competition with internet advertising has become entrenched.」
The company continues to describe media and target-audience diversification and persistent price competition with internet advertising as a difficult industry environment. - FY2017-Q1MaterialisedAnnual report
「The free-paper industry to which the company belongs remains in a difficult operating environment, as media diversification continues to advance and price competition with internet advertising and other media has become entrenched.」
The company describes diversification of media, including digital media, and persistent price competition with internet advertising as ongoing industry conditions rather than merely future possibilities. No figures are provided. - FY2016First statedAnnual report
「However, if digital media lowers the value of print media in the future, reducing the number of readers of the print version of Town News and causing a significant decline in advertisers, this could affect the company's financial condition and operating results.」
The company recognizes the expansion of the digital advertising market as a risk that could reduce the number of print-media readers and advertisers and the value of the medium.