Komori
Kyoritsu Computer & Communication (3670) · RiskMitigated

Decline in commission income due to revisions to telecom operators’ commission terms

First written in FY2022-Q3. 4 of 9 entries say "Restated". Latest entry: FY2026.

9entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseReframedFY2023-Q2RestatedFY2023 – FY2024ReframedFY2026-H1 – FY20252022: 320222023: 220232024: 220242025: 120252026: 12026
Same theme, other companies
Changes in the Terms of Agency Commissions, Incentives, etc. from Mobile Communications CarriersA theme 11 companies write about · 12 as a headwind · 0 as a tailwind

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

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. FY2026MitigatedAnnual report

    「Earnings from device support services exceeded the year-earlier level, while solution development with partner companies and sales incentive revenue also contributed, and operating profit remained firm.」

    Although sales declined due to telecommunications carriers' sales initiatives and device rentals, device support, partner solutions, and sales incentives supplemented earnings, and operating profit remained firm.
  2. FY2025ReframedAnnual report

    「The operating environment is changing as telecommunications carriers promote the use of online service channels, revise sales commission caps, longer replacement cycles result from higher device prices, and laws and policies are revised.」

    Changes in the revenue environment due to revised commission terms have been reorganized as changes in the operating environment, including revised sales commission caps, the promotion of online service channels, higher device prices, and longer replacement cycles.
  3. FY2026-H1ReframedAnnual report

    「The operating environment is changing as telecommunications carriers promote the use of online service channels, revise sales commission caps, and longer replacement cycles result from higher device prices.」

    Changes in telecommunications carrier commission terms have been specified as revisions to sales commission caps, rather than the general commission-term revisions previously described, alongside the promotion of online service channels and higher device prices.
  4. FY2024RestatedAnnual report

    「In the mobile phone industry, the transition to 5G, including 5G SA (StandAlone), which allows users to fully benefit from communications capabilities, is progressing, while the operating environment is changing due to telecommunications carriers promoting the use of online service channels and revising sales commission terms.」

    The company continues to describe changes in the operating environment, including revised telecommunications carrier sales commission terms and the promotion of online service channels.
  5. FY2024-Q2RestatedAnnual report

    「In the mobile phone industry, expectations are rising for more active communications services through 5G SA (StandAlone), which can fully deliver 5G communications capabilities, and “Beyond 5G,” the next-generation communications infrastructure announced by the Ministry of Internal Affairs and Communications. Meanwhile, the operating environment is changing as communications providers revise commission terms, promote the use of online service counters, and consolidate and streamline carrier stores.」

    In addition to revised telecommunications carrier commission terms, changes in the operating environment, including the expansion of online service channels and the consolidation and closure of carrier shops, have continued.
  6. FY2023RestatedAnnual report

    「Meanwhile, the operating environment has changed substantially, including revisions by telecommunications operators to commission terms, greater use of online service channels and the consolidation of carrier stores.」

    Changes in the revenue environment due to revised commission terms have continued, along with changes in the operating environment, including the expansion of online service channels and the consolidation and closure of carrier shops.
  7. FY2023-Q2ReframedAnnual report

    「The operating environment has changed significantly, with communications providers revising commission terms, promoting the use of online service counters, and announcing policies to consolidate and streamline carrier stores.」

    The existing risk of lower revenue due to revised commission terms has been reframed as a change in the operating environment for the Mobile business, together with increased use of online service channels and the planned consolidation and closure of carrier shops.
  8. FY2022RestatedAnnual report

    「However, although revenue increased, operating profit declined due to the spread of online procedures, declining store traffic resulting from the resurgence of infections, and changes in conditions, including commissions, imposed by telecommunications operators.」

    The company reconfirmed that changes in commission and other terms imposed by telecommunications carriers led to a decline in Mobile business operating profit despite higher revenue.
  9. FY2022-Q3MaterialisedAnnual report

    「Commission revenue declined significantly due to revised telecommunications carrier commission terms, and profit decreased as selling, general and administrative expenses increased.」

    The disclosure states that a decline in commission revenue due to revised telecommunications carrier commission terms actually occurred as a factor behind lower profit in the Mobile business.
Moved together

"Contraction of the Mobile Phone Market and Shifts in the Competitive Landscape" moved the same way as this thread, in the same document, in 4 of its 9 moves.

433332★123456
  1. ★This thread
  2. 1Contraction of the Mobile Phone Market and Shifts in the Competitive Landscape4×
  3. 2Improvement in the mobile business profit margin3×
  4. 3Polarization in the ICT investment environment3×
  5. 4Mobile Business Shift to Operating Loss3×
  6. 5Strategic shift by major carriers toward strengthening non-telecommunications services3×
  7. 6Decline in store visitors due to tighter regulation of handset purchase subsidies2×

★ 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.

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