App business reported as a segment, with losses and impairment
First written in FY2018. 3 of 7 entries say "Reframed", first in FY2019-Q3. Latest entry: FY2020.
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- FY2020ReframedAnnual report
「The content business operates fan club websites for smartphones and PCs, distributes various types of digital content, and provides apps. The previous segments comprised the mobile content distribution business, PC content distribution business and app business.」
The app business is described under the reorganized classification as part of the Content segment, rather than as a separate reportable segment. - FY2020-Q2ReframedAnnual report
「The content business operates fan club websites for smartphones and PCs, distributes various types of digital content, and provides apps. The previous segments comprised the mobile content distribution business, PC content distribution business and app business.」
The app business is described as part of the Content segment, and results continue to be disclosed under the reorganized segment classification rather than separately for the app business. - FY2020-Q1WorsenedAnnual report
「Meanwhile, the app business operated by subsidiary WEARE performed below expectations during the first quarter.」
The company stated that progress in the app business operated by WEARE was below expectations in the first quarter. - FY2019-Q3ReframedAnnual report
「During the second quarter of the current consolidated fiscal year, following the inclusion of EMTG Co., Ltd. in the scope of consolidation, the company reviewed its business segment classification and changed its reportable segments from the previous five categories, “Mobile Content Distribution,” “PC Content Distribution,” “e-commerce,” “App Business” and “Other,” to four categories: “Content,” “EC,” “Electronic Ticketing” and “Other.”」
Following the consolidation of EMTG, the reportable segments were reorganized from the previous five categories, including the app business, into four categories: Content, EC, Electronic Ticketing and Other. - FY2019-Q2MitigatedAnnual report
「As a result, revenue from the app business for the first half of the current consolidated cumulative period was ¥124 million, up 8.1% year on year. Although revenue increased, the business did not generate a profit, and the segment loss was ¥16 million, compared with a loss of ¥26 million in the same period of the previous year.」
The app business recorded higher revenue, and its segment loss narrowed from ¥26 million in the same period of the previous year to ¥16 million. However, it has not yet generated a profit. - FY2019-Q1WorsenedAnnual report
「As a result, revenue from the app business for the first quarter of the current consolidated cumulative period was ¥64 million, up 83.5% year on year. Although revenue increased, the business did not generate a profit and recorded a segment loss of ¥11 million, compared with a loss of ¥4 million in the same period of the previous year.」
The app business recorded higher revenue, while its segment loss widened from ¥4 million in the same period of the previous year to ¥11 million. - FY2018First statedAnnual report
「For the current consolidated fiscal year, the method of presentation was changed for the app business, which had previously been included under “Other,” and it is now presented as a reportable segment because its quantitative significance has increased.」
The app business became a separate reportable segment as its quantitative significance increased, recording revenue of ¥304 million, a segment loss of ¥87 million and an impairment loss of ¥38 million.