Komori
United (2497) · InitiativeReframed

Transforming the smartphone app business model

First written in FY2016. 8 of 15 entries say "Restated". Latest entry: FY2020.

15entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q3 – FY2018-Q1RestatedFY2018-Q2 – FY2019-Q2RestatedFY2020-Q22016: 320162017: 320172018: 420182019: 420192020: 12020
Same theme, other companies
Structural Transformation of the Smartphone App Business and Narrowing of Focus AreasA theme 4 companies write about · 0 as a headwind · 5 as a tailwind

United moved to the "Worse" side of this theme in 2020.

0 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2020ReframedAnnual report

    「During the fiscal year, which fell within the “focus phase” of the medium-term management plan “UNITED2.0,” we continued to invest in new businesses and products, while organizing the business portfolio and narrowing the focus businesses to establish a foundation for growth from the following fiscal year onward.」

    In addition to continued investment in new businesses and products, the Company moved toward organizing its portfolio and narrowing its focus businesses to establish a foundation for future growth.
  2. FY2020-Q2RestatedAnnual report

    「Against this backdrop, during the six months ended September 30, which fell within the “focus phase” of the medium-term management plan “UNITED2.0,” we continued to invest in new businesses and products while assessing their growth potential.」

    During the “focus phase” of UNITED2.0, the Company continued investing in new businesses and products while assessing their growth potential.
  3. FY2020-Q1ReframedAnnual report

    「Against this backdrop, during the three months ended June 30, which fell within the “focus phase” of the medium-term management plan “UNITED2.0,” we continued to invest in new businesses and products while assessing their growth potential.」

    UNITED2.0 shifted from the previously stated “investment phase” to the “focus phase,” while investment in new businesses and products continued.
  4. FY2019RestatedAnnual report

    「During the fiscal year, which was part of the investment phase of the medium-term management plan “UNITED2.0,” aggressive upfront investment in new businesses and products reduced profit in the businesses described above, although」

    The Company continued upfront investment in new businesses and products, while reporting lower profit associated with the transformation of existing businesses.
  5. FY2019-Q3AdvancedAnnual report

    「During the nine months ended December 31, which fell within the investment phase of the medium-term management plan “UNITED2.0,” the ad-technology business generated lower revenue and profit, although its revenue decline bottomed out in the three months ended September 30. The game business generated higher revenue but lower profit following the consolidation of TriFort Co., Ltd., due to continued development investment for new title releases, including titles developed by that company. The content business generated higher revenue but lower profit because the new service launched by Smarprise Co., Ltd. increased revenue, but existing high-margin businesses contracted and upfront investment in new businesses increased.」

    During the investment phase of the medium-term plan, TriFort was consolidated, development investment in new titles continued, and upfront investment in new businesses progressed, while profit declined or losses arose across the businesses.
  6. FY2019-Q2RestatedAnnual report

    「During the six months ended September 30, the ad-technology business continued to see revenue decline, although the trend bottomed out, and generated lower revenue and profit. The game business generated lower revenue and profit due to declining sales of existing titles and continued development investment for new titles, while the content business generated higher revenue but lower profit because upfront investment in new businesses increased, despite strong performance by group companies including Kiramex Co., Ltd.」

    The ad-technology business's declining trend bottomed out, while investment in new game titles and new content businesses continued, with ongoing earnings effects from the business-model transformation.
  7. FY2019-Q1RestatedAnnual report

    「During the three months ended June 30, the ad-technology business continued to see revenue decline and generated lower revenue and profit, while the game business generated lower revenue and profit due to declining sales of existing titles and the ramp-up of development investment for new titles. The content business generated higher revenue but lower profit because upfront investment in new businesses increased, despite strong performance by group companies including Kiramex Co., Ltd.」

    The game business faced declining sales of existing titles and increased development investment in new titles, while the content business continued to bear higher upfront investment in new businesses, reflecting the ongoing business-model transformation.
  8. FY2018RestatedAnnual report

    「During the fiscal year, the ad-technology business generated lower revenue and profit due to the effects of aggressive upfront investment, including withdrawal from the agency business and strengthening the organizational structure, while the content business generated higher revenue and profit as group companies, including Alan Products Co., Ltd., performed well and its focus game entered the profit-recovery phase.」

    The Company continued to describe the business-model transformation as involving withdrawal from the ad-technology agency business, organizational strengthening and upfront investment, while the focus game in the content business moved into the profit-recovery phase.
  9. FY2018-Q3RestatedAnnual report

    「During the nine months ended December 31, the ad-technology business generated lower revenue and profit due to the effects of aggressive upfront investment, including withdrawal from the agency business and strengthening the organizational structure, while the content business generated higher revenue and profit as group companies, including Alan Products Co., Ltd., performed well and its focus game entered the profit-recovery phase.」

    The ad technology business continued its withdrawal from the agency business, organizational strengthening and upfront investment, while the content business benefited from the priority game's entry into the profit-recovery phase and strong group-company performance.
  10. FY2018-Q2RestatedAnnual report

    「During the six months ended 30 September of the current fiscal year, the ad technology business reported lower revenue and profit because of proactive upfront investment, including continued withdrawal from the agency business and reinforcement of its organizational structure, while the content business reported higher revenue and profit as strong performance by group companies, including ㈱アラン・プロダクツ(*3), was supplemented by a priority game entering the profit-recovery phase.」

    The ad technology business continued its withdrawal from the agency business, organizational strengthening and upfront investment, while the content business benefited from the priority game's entry into the profit-recovery phase and strong group-company performance.
  11. FY2018-Q1AdvancedAnnual report

    「During the three months ended 30 June of the current fiscal year, the ad technology business reported lower revenue and profit because of proactive upfront investment, including withdrawal from the agency business and reinforcement of its organizational structure, while the content business reported higher revenue and profit as strong performance by group companies, including ゴロー㈱, was supplemented by a priority game entering the profit-recovery phase.」

    The business model transformation included withdrawing from the agency business and strengthening the organizational structure in ad technology, while the priority game in the content business entered the profit-recovery phase.
  12. FY2017-Q3AdvancedAnnual report

    「During the nine months ended 31 December of the current fiscal year, the ad tech business continued to report higher revenue and profit on steady performance, while the smartphone content business increased revenue through growth driven by significant advertising investment and M&A during the first half, and profit increased as recovery of the advertising investment progressed.」

    In the smartphone content business, growth from significant advertising investment and M&A, together with progress in recovering that investment, led to higher profit.
  13. FY2017-Q2RestatedAnnual report

    「The smartphone content business increased revenue as its scale expanded, but profit declined because of higher expenses, including significant advertising investment.」

    Although revenue growth continued in the smartphone content business, higher expenses, including significant advertising investment, reduced profit, reflecting the earnings impact of the business model transformation.
  14. FY2017-Q1AdvancedAnnual report

    「The smartphone content business grew in revenue, reflecting the impact of the business model transformation carried out in the previous consolidated fiscal year, as well as significant advertising investment.」

    The company states that the previous year's business model transformation, together with advertising investment, expanded the scale of revenue in the smartphone content business.
  15. FY2016First statedAnnual report

    「While pursuing a transformation of the smartphone app business model with the aim of achieving a significant increase in future earnings,」

    Business model transformation in the app business is explicitly identified as a measure to expand future earnings.
Moved together

"Increasing investment in services such as Crash Fever" moved the same way as this thread, in the same document, in 4 of its 15 moves.

432222★123456
  1. ★This thread
  2. 1Increasing investment in services such as Crash Fever4×
  3. 2Expand the business portfolio through the acquisition of a programming education business3×
  4. 3Establish and stabilize a recurring earnings base2×
  5. 4Risks relating to Group companies' performance and changes in the scope of consolidation2×
  6. 5Stock options linked to operating profit targets2×
  7. 6Optimize the Group's business composition through new business development and M&A2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for United yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.