Decline in Flash to HTML5 projects and lower revenue
First written in FY2016-Q2. 1 of 3 entries say "Restated". Latest entry: FY2016.
No other company in this theme has enough history to compare yet.
- FY2016WorsenedAnnual report
「Although "Flash to HTML5," which converts Flash content to HTML5, received orders from major customers, sales fell below the initial sales plan from the second quarter, and because the gap with the plan was subsequently expected to widen, the company decided to reduce new-business sales activities. As a result, sales from the service declined year on year.」
In response to sales falling short of plan and the expected widening gap from the plan, the company shifted to a policy of reducing new-business sales activities. - FY2016-Q3RestatedAnnual report
「Although "Flash to HTML5," which converts Flash content to HTML5, received orders from major customers, sales declined year on year.」
Although the company received orders from major customers, sales declined year on year, and the decline in sales resulting from fewer projects has continued. - FY2016-Q2First statedAnnual report
「Although demand for "Flash to HTML5," which converts Flash content to HTML5 and makes assets unusable because of security vulnerabilities or browser issues usable again, remained high, the number of projects declined from the previous year, resulting in lower sales.」
Although demand was described as high, the decline in projects compared with the previous year was reflected in actual performance as lower sales.