Ad Network Revenue Growth and Widening Losses
First written in FY2016-Q2. 5 of 11 entries say "Restated". Latest entry: FY2018.
No other company in this theme has enough history to compare yet.
- FY2018RestatedAnnual report
「The company invested the savings from reduced costs related to the ad network service, which ended service delivery in the previous consolidated fiscal year, in product planning and development and promotions aimed at future business expansion.」
The ad network service has already been discontinued, and the Company continues to redirect reduced costs associated with the service toward growth investments. - FY2018-Q3RestatedAnnual report
「The reduction in expenses related to the ad network service whose provision ended during the previous consolidated fiscal year also contributed to profit.」
The ad network service has already been discontinued, and the decline in expenses related to the service continues to contribute to profit. - FY2018-Q2RestatedAnnual report
「The reduction in expenses related to the ad network service whose provision ended during the previous consolidated fiscal year also contributed to profit.」
The ad network service has already been discontinued, and the decline in expenses related to the service continues to contribute to profit. - FY2018-Q1ReframedAnnual report
「The decrease in expenses related to the ad network service, for which service provision ended in the previous consolidated fiscal year, contributed to profit.」
The description of business performance has shifted from the previous pattern of higher revenue accompanied by larger losses to a structure in which the discontinuation of the ad network service and reduced related costs contribute to profit. - FY2017WorsenedAnnual report
「During the consolidated fiscal year, the company decided to withdraw from the advertising business, including the ad network service, and the CRM business, including the R∞ service, following a review of its business strategy. Accordingly, it reduced the carrying amount of the relevant asset groups to their recoverable amount and recognized the reduction as an impairment loss under extraordinary losses.」
In addition to falling short of plan and incurring impairment losses, the Ad Network business reached a decision to withdraw for the full fiscal year. The impairment loss related to the advertising business was ¥274 million. - FY2017-Q3WorsenedAnnual report
「An extraordinary loss of ¥580.889 million was recorded, primarily due to the recognition of impairment losses on ADPRESSO, the advertising business's ad-network service, and R∞, the CRM business's marketing automation service.」
Although revenue and losses for the ad network alone have not been disclosed, an impairment loss related to ADPRESSO was recognised in connection with a review of its business strategy, adding another adverse factor affecting the business’s earnings performance. - FY2017-Q2WorsenedAnnual report
「In light of the advertising business's ad network service performing below plan, the company recognized an impairment loss on fixed assets related to that service.」
The disclosure expressly states that the ad network service fell short of plan, and an impairment loss of ¥216.640 million was recorded on related fixed assets. In addition to the previous characterisation of expanding revenue and widening losses, the shortfall against plan has now resulted in the recognition of an actual loss. - FY2017-Q1ReframedAnnual report
「As a result, segment revenue was ¥3,726.209 million, down 14.9% year on year, and segment profit was ¥716.002 million, up 19.7% year on year.」
The figures shown are for the advertising business as a whole rather than for the ad network alone. Although advertising business revenue decreased, segment profit increased. The description has shifted from expanding revenue and losses to an emphasis on securing profits. - FY2016RestatedAnnual report
「As the ad network service in the advertising business and the CRM business drove growth, revenue amounted to ¥17,505.495 million, up 5.1% year on year.」
Although the ad network service is described as continuing to grow, it is presented on an aggregated basis within the advertising business for the full fiscal year, and no standalone loss amount is disclosed. - FY2016-Q3RestatedAnnual report
「Revenue from the ad network services business exceeded that of the corresponding cumulative period of the previous quarter in each case.」
The company states that revenue from its ad network services exceeded that of the previous quarter's cumulative consolidated period. However, the business has been consolidated into the advertising business this time, and no standalone segment loss is disclosed. - FY2016-Q2First statedAnnual report
「As a result, segment revenue increased to ¥300,688 thousand, including ¥687 thousand in intersegment revenue, compared with segment revenue of ¥49,916 thousand in the same quarter of the previous fiscal year, while segment loss was ¥274,722 thousand, compared with a segment loss of ¥157,685 thousand in the same quarter of the previous fiscal year.」
Revenue increased from ¥49,916 thousand in the same period of the previous fiscal year to ¥300,688 thousand, while segment loss also widened.