Decline in Advertising Unit Prices and Margins Due to Changes in Ad Network Operators’ Regulations
First written in FY2017-Q3. 2 of 3 entries say "Restated". Latest entry: FY2018-Q1.
0 other companies' latest entry also says "Restated".
- FY2018-Q1RestatedAnnual report
「The cumulative first quarter of the current fiscal year was also affected by the lingering impact of lower rates and margins resulting from regulatory changes by ad network operators in the cloud media business, but the entire company is working intensively toward an early recovery.」
The impact of lower rates and margins resulting from changes in conditions by ad network operators remained during the current quarter, and activities aimed at an early recovery are described. - FY2017RestatedAnnual report
「In the media business, which we have operated since our founding, changes by ad network operators to the conditions for displaying advertisements have resulted in lower advertising rates and margins paid by ad network operators, reducing cost-effectiveness. We are undertaking a fundamental review of the media business to achieve an early recovery.」
The full-year results also confirm that changes in conditions by ad network operators reduced advertising rates and margins and affected business performance, and indicate a fundamental review of the media business. - FY2017-Q3MaterialisedAnnual report
「However, the cloud media business has been affected by lower rates and margins resulting from regulatory changes by ad network operators.」
Regulatory changes by ad network operators actually occurred and affected business performance through lower advertising rates and margins.