Slowing Sales Growth Due to Piracy Websites
First written in FY2018. 5 of 8 entries say "Materialised", first in FY2018. Latest entry: FY2023.
Papyless moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「It is difficult to predict the scale of the impact if the risk materializes. The damage caused to the e-book industry by Manga Mura, which had an impact in the past, is estimated at ¥320 billion, based on an estimate by the Content Overseas Distribution Association.」
The Company again cites the ¥320 billion in past damage caused by Manga Mura as an indication of the scale of the impact of piracy risk, and describes cooperation with the Japan E-Bookstore Association and ABJ as countermeasures. - FY2023-Q1MaterialisedAnnual report
「Revenue declined from the same quarter of the previous year. This was due to i) lower user spending resulting from the delayed recovery from prolonged restrictions on economic activity to prevent the spread of COVID-19, ii) a sharp increase in access to pirate websites, and iii) tighter regulation of targeted advertising following amendments to the Act on the Protection of Personal Information.」
The sharp increase in access to piracy websites is specifically cited as one of the factors behind the first-quarter revenue decline. - FY2022MaterialisedAnnual report
「In addition, unauthorized use of piracy websites surged, seriously affecting the market as a whole.」
The Company describes the sharp increase in unauthorized use of piracy websites and the serious impact on the market as a whole as actual conditions during the fiscal year. - FY2022-Q2MaterialisedAnnual report
「In addition, unauthorized use through pirate websites surged, having a serious impact on the market as a whole.」
Regarding the impact of piracy websites, the Company describes a sharp increase in unauthorized use and a serious impact on the market as a whole during the cumulative second-quarter period. - FY2021MaterialisedAnnual report
「Although stay-at-home demand contributed to continued market growth during the consolidated fiscal year, access to piracy websites surged again toward the latter half of the year, affecting the market as a whole. The damage caused to the e-book industry by Manga Mura, which had an impact in the past, is estimated at ¥320 billion, based on an estimate by the Content Overseas Distribution Association.」
The Company reports that access to piracy websites surged again, affecting the market as a whole. It continues to cite the past damage of ¥320 billion as a specific measure of the scale of the impact. - FY2020WorsenedAnnual report
「The Company recognizes that the importance and level of piracy risk are increasing in proportion to the size of the e-book market. It estimates that the damage caused to the e-book industry by "Manga Mura," which mainly affected the previous consolidated fiscal year, amounted to ¥320 billion, based on an estimate by the Content Overseas Distribution Association.」
The Company stated that the importance and level of piracy risk increase in proportion to the expansion of the e-book market, and reported estimated damage of ¥320 billion caused by Manga Mura, which affected the previous fiscal year. - FY2019MitigatedAnnual report
「To address various issues concerning the e-book business, including piracy websites, five e-book retailers established the Japan E-Bookstore Association, with the aim of promoting readers' purchases of legitimate editions and returning revenue to authors.」
In response to the impact of piracy websites, the Japan E-Bookstore Association was established to promote purchases of legitimate editions and the return of revenue to authors. - FY2018MaterialisedAnnual report
「Although revenue growth slowed from the third quarter of the fiscal year due to the impact of piracy websites, which became a major social issue, revenue reached a record high.」
The Company describes the actual impact of piracy websites, which caused revenue growth to slow.