Decline in advertising placements due to issues involving other companies' curated media
First written in FY2018-Q1. 2 of 6 entries say "Mitigated", first in FY2018-Q2. Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019DroppedAnnual report
「Following the transfer and dissolution of all shares in the subsidiary carried out in the previous fiscal year, the company transitioned to non-consolidated accounting from the fiscal year ending January 2019.」
The company operating the media business affected by declining advertising placements was transferred and dissolved in the previous fiscal year, and is outside the scope of the current fiscal year's business. - FY2019-Q1MitigatedAnnual report
「The Company transferred all shares in Rocket Venture Co., Ltd., which had been a consolidated subsidiary in the previous fiscal year. Enigmo Korea Co., Ltd., also a former consolidated subsidiary, is in the process of dissolution and liquidation, and the Company no longer has any consolidated subsidiaries. Accordingly, the Company has not prepared quarterly consolidated financial statements since the cumulative first quarter of the 15th fiscal year.」
The risk related to the media business affected by declining advertising placements has been removed from the current quarter's business scope following the transfer of the company operating that business. - FY2018WorsenedAnnual report
「Advertising revenue from the women-focused media outlet 4MEEE and the media outlet 4yuuu! for housewives and mothers remained below the previous fiscal year due to the impact of a decline in the number of advertising placements since the first quarter,」
The impact of declining advertising placements continued throughout the fiscal year and appeared as lower revenue and a loss in the media business. - FY2018-Q3WorsenedAnnual report
「In the media business, advertising revenue from the women's media services 4MEEE and 4yuuu! for homemakers and mothers remained below the same cumulative period of the previous year due to the decline in advertising placements from the first quarter. As a result, revenue was ¥169,982 thousand, down 27.6% year on year, and segment loss was ¥84,370 thousand, compared with segment profit of ¥21,854 thousand in the same quarter of the previous year.」
The impact of declining advertising placements continued, appearing as lower revenue and a segment loss in the media business, with the impact on performance increasing from the previous cumulative quarter. - FY2018-Q2MitigatedAnnual report
「Although the media business was on a recovery trend in the second quarter, revenue and profit for the cumulative second quarter remained below the levels of the same cumulative period of the previous year due to the impact of a temporary decline in advertising placements during the first quarter.」
The impact of reduced advertising placements resulting from problems at another company's content curation media service remains, but advertising placements recovered in the second quarter, partially mitigating the impact. - FY2018-Q1MaterialisedAnnual report
「In the media business, advertising revenue from the women's media service 4meee! and the media service 4yuuu! for homemakers and mothers remained below the level of the same period of the previous year, due to the temporary decline in advertising placements in the related market resulting from problems that arose at another company's content curation media service at the end of the previous year. As a result, revenue was ¥61,897 thousand, down 36.1% year on year, and segment loss was ¥18,304 thousand, compared with profit of ¥26,480 thousand in the same quarter of the previous year.」
The decline in advertising placements resulting from problems at another company's content curation media service was reflected in actual results as advertising revenue falling below the same period of the previous year, a 36.1% decline in revenue, and a segment loss.