Delays in Creative Project Development and Temporary Cost Increases
First written in FY2017-Q1. 2 of 6 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2021-Q3.
The whole theme swung hardest in 2024: 17 of 54 companies on the "Worse" side.
23 other companies' latest entry also says "Mitigated".
- FY2021-Q3MitigatedAnnual report
「During the third quarter of the current consolidated cumulative period, the order environment remained challenging because of changes in the mobile game market. The Company worked to improve its sales and proposal capabilities and won a large new project. It also achieved a substantial improvement in profitability through thorough profit management for each project.」
The profitability of creative projects improved substantially through the acquisition of a large new project and thorough project-level profit management. - FY2018-Q1MitigatedAnnual report
「During the first quarter of the current consolidated cumulative period, the Company conducted active sales activities by leveraging the technical capabilities and expertise it had developed, focused on winning new projects, and secured stable profit through rigorous project management.」
The Company stated that rigorous project management in the creative business enabled it to secure stable profit after development delays had continued in the prior period. - FY2017RestatedAnnual report
「The Company is also actively pursuing new initiatives to further expand profit. As part of these efforts, it won an order for a revenue-sharing model project centred on joint operations with another company; however, the development schedule was substantially delayed, resulting in an operating loss.」
The development delay for the revenue-sharing model project continued to affect the creative business’s operating loss for the full year. - FY2017-Q3WorsenedAnnual report
「The Company is also actively pursuing new initiatives to further expand profit. As part of these efforts, it won an order for a revenue-sharing model project centred on joint operations with another company; however, the development schedule was substantially delayed, resulting in an operating loss.」
The development delay for the revenue-sharing model project was described as substantial, and the creative business recorded revenue of ¥1,053.160 million and a segment loss of ¥158.146 million. - FY2017-Q2WorsenedAnnual report
「The Company is also actively pursuing new initiatives to further expand profit. As part of these efforts, it won an order for a revenue-sharing model project centred on joint operations with a manufacturer; however, the delayed development schedule resulted in revenue of ¥635.645 million for the creative business in the second quarter of the current consolidated cumulative period, down 35.4% year on year, and a segment loss of ¥154.976 million.」
The impact of the delayed development of the revenue-sharing model project continued, with creative business revenue falling 35.4% year on year and the segment reporting a loss of ¥154.976 million. - FY2017-Q1MaterialisedAnnual report
「The Company is also actively pursuing new initiatives to further expand profit. As part of these efforts, it won an order for a revenue-sharing model project centred on joint operations with another company; however, a partial delay in the development schedule temporarily increased costs, resulting in an operating loss.」
The Company stated that part of the development schedule for a revenue-sharing model project in the creative business was delayed, resulting in a temporary increase in costs.