Contraction of the Paid Mobile Music Distribution Market
First written in FY2017-Q1. 4 of 4 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2017.
Media Do moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
0 other companies' latest entry also says "Materialised".
- FY2017MaterialisedAnnual report
「In the music and video business, both sales and segment profit declined due to the contraction of the overall mobile paid music distribution market. As a result, net sales were ¥304.286 million, down 21.0% year on year, and segment profit was ¥53.051 million, down 11.2%.」
The contraction of the mobile paid music distribution market has resulted in lower full-year net sales and segment profit. - FY2017-Q3MaterialisedAnnual report
「In the music and video business, both sales and segment profit declined due to the contraction of the overall mobile paid music distribution market. As a result, net sales were ¥233.975 million, down 21.2% year on year, and segment profit was ¥39.488 million, down 10.0%.」
The contraction of the mobile paid music distribution market continues to be reflected in year-on-year declines in net sales and segment profit. - FY2017-Q2MaterialisedAnnual report
「In the music and video business, we have provided music distribution services for smartphones and feature phones, but sales have declined as the overall mobile paid music distribution market has contracted. As a result, net sales were ¥161.118 million, down 21.3% year on year, and segment profit was ¥26.221 million, down 14.2%.」
The contraction of the mobile paid music distribution market continues to be reflected in year-on-year declines in net sales and segment profit. - FY2017-Q1MaterialisedAnnual report
「Although we have provided music streaming services for smartphones and feature phones, revenue has declined as the overall mobile paid music streaming market has contracted. As a result, revenue was ¥82,554 thousand, down 21.7% year on year, and segment profit was ¥12,454 thousand, down 18.5%.」
Market contraction resulted in lower revenue and segment profit in the music and video business.