Dependence on Specific Titles and Mitigation Through New IP Creation
First written in FY2022. 6 of 7 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2023: 8 of 18 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Our performance tends to become highly dependent on specific game titles, including the Ys and Trails series. Series titles have many loyal fans and contribute to stabilizing performance, but if the market environment changes, user attrition or the obsolescence of our game content (IP) could affect our performance, including licensing revenue.」
The company continues to disclose the risks associated with dependence on titles such as the Ys and Trails series, user attrition caused by changes in the market environment, and IP obsolescence. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company stated that there had been no new risks or significant changes concerning its dependence on specific titles and its response through the creation of new IP. - FY2024-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no new risks or significant changes concerning its dependence on specific titles and its response through the creation of new IP. - FY2023RestatedAnnual report
「Our performance tends to become highly dependent on specific game titles, including the Ys and Trails series. Series titles have many loyal fans and contribute to stabilizing performance, but if the market environment changes, user attrition or the obsolescence of our game content (IP) could affect our performance, including licensing revenue.」
The company continues to disclose the risks associated with dependence on titles such as the Ys and Trails series, user attrition caused by changes in the market environment, and IP obsolescence. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company stated that there had been no new risks or significant changes concerning its dependence on specific titles and its response through the creation of new IP. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company stated that there had been no new risks or significant changes concerning its dependence on specific titles and its response through the creation of new IP. The filing does not quantify the risk or indicate that it has actually materialized. - FY2022First statedAnnual report
「Our performance tends to become highly dependent on specific game titles, including the Ys and Trails series. Series titles have many loyal fans and contribute to stabilizing performance, but if the market environment changes, user attrition or the obsolescence of our IP could affect our performance, including licensing revenue. While continuing to release existing titles, we will also pursue the creation of new IP and the development of game software.」
The company disclosed as a new risk its high dependence on titles such as the Ys and Trails series, and the possibility that changes in the market environment could lead to user attrition or IP obsolescence, affecting performance. It also stated that it will continue releasing existing titles while pursuing the creation of new IP and the development of game software.