Dependence on Specific Services Including Yahoo! Shopping
First written in FY2022. 3 of 10 entries say "Worsened", first in FY2023-Q1. Latest entry: FY2026-H1.
ValueCommerce moved to the "Worse" side of this theme in 2023, 2 years before the typical company in this theme (2025).
The whole theme swung hardest in 2023: 3 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「During the interim accounting period, revenue was ¥5,797 million, due in part to the impact of the termination, effective 31 July 2025, of transaction agreements relating to StoreMatch, a pay-per-click advertising service for online mall stores, and STORE's R∞, a CRM tool.」
The risk of dependence on specific services identified in the previous fiscal year has materialized through the termination of the StoreMatch and STORE's R∞ contracts and its impact on revenue of ¥5,797 million. - FY2025-H1ReframedAnnual report
「• Decline in performance due to reduced transactions with the Group following a change in the business policy of LINEヤフー株式会社, its major business partner • Diversification of business partners and strengthening of efforts to develop new customers • Planning and developing services that become deeply embedded in business partners' business processes and revenue models and are essential to their businesses」
The risk description has shifted from the previous focus on dependence on specific services such as Yahoo! Shopping to the risk of reduced transactions, primarily due to changes in the business policies of LINEヤフー, a major business partner. The company is addressing this through diversification of business partners, acquisition of new customers, and development of services embedded in customers' business processes. - FY2024WorsenedAnnual report
「The transaction agreements between the company and its major business partner, LINE Yahoo Corporation, covering StoreMatch, a pay-per-click advertising service for online mall stores, and STORE's R∞, a CRM tool, will terminate on 31 July 2025. The decline in revenue from both services expected to result in the fiscal year ending December 2025 is estimated at ¥7.3 billion, based on actual results from August through December of the fiscal year ended December 2024.」
The risk of dependence on specific services such as Yahoo! Shopping has become more concrete, with the termination of the StoreMatch and STORE's R∞ contracts decided and an estimated ¥7.3 billion decline in revenue expected for the fiscal year ending December 2025. - FY2024-Q1ReframedAnnual report
「● Dependence on specific services such as “Yahoo! Shopping,” including the impact of service suspension or poor performance and functions that compete with the company ・Consideration of new businesses that do not depend on the service」
Although the risk of dependence on Yahoo! Shopping and other services continues, the stated response measures have been reorganized from coordinating with the relevant services and promoting new businesses to considering new businesses that do not depend on those services. - FY2023-Q2WorsenedAnnual report
「STORE's R∞, a CRM tool for stores on the online mall, recorded lower revenue year on year due to increased use of new advertising products for stores promoted by the online mall since October 2022, as well as the impact of changes to the online mall's campaign policy.」
Regarding dependence on specific services, the increased use of new advertising products on the online mall and changes to campaign policies continue to appear as factors behind lower revenue from STORE's R∞. - FY2023-Q1WorsenedAnnual report
「STORE's R∞, a CRM tool for stores on the online mall, recorded lower revenue year on year due to increased use of new advertising products for stores promoted by the online mall since October 2022, as well as the impact of changes to the online mall's campaign policy.」
Regarding dependence on specific services, increased use of new advertising products on the online mall and changes in campaign policy have appeared as lower revenue from STORE's R∞, and the impact of policy changes by the dependent platform continues. - FY2022First statedAnnual report
「The high degree of dependence on specific services such as Yahoo! Shopping creates risks from service suspension, weak performance or functions that compete with those of our Company. Although the financial risk of dependence on specific services has materialized, we are taking measures to minimize its impact, including ongoing coordination with the relevant services and promoting new businesses.」
Identifies dependence on Yahoo! Shopping and similar services as a key risk, including service suspension, weak performance and competing functions.