No category-specific facts could be extracted from this document.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company cited the impact of the completion of large projects from the previous fiscal year, dependence on specific customers and projects, lower profitability due to price competition, an earnings structure weighted toward one-off projects and the fiscal year-end, and variability in project profitability as projects become larger. It also explained that the decline in EBITDA was attributable to the loss of spot projects, deterioration in the games business and higher SG&A expenses.