Decline in Broadcasting Industry Demand Due to Tokyo Olympics Postponement
First written in FY2021-Q1. 4 of 8 entries say "Restated". Latest entry: FY2023-Q2.
0 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「Results were slightly below the year-earlier period, reflecting the decline following Olympic-related projects in the year-earlier period and the absence during the current period of a large development delivery for a major broadcaster.」
Regarding demand fluctuations related to the postponement and holding of the Olympics, the company stated that the post-Olympics decline in surrounding projects continued and that OTT revenue was slightly below the year-earlier period. - FY2023-Q1ReframedAnnual report
「Results were slightly below the year-earlier period, reflecting the decline following Olympic-related projects in the year-earlier period and the absence during the quarter of a large development delivery for a major broadcaster.」
The description has shifted from the previous risk of reduced demand due to the postponement of the Olympics to the statement that the decline in demand after the event, in the form of a post-Olympics drop in surrounding projects, appeared in results. - FY2022MitigatedAnnual report
「The ability to capture demand for live streaming, networks and web production related to the Olympics and surrounding projects also contributed to higher revenue in this area.」
Although reduced broadcasting-industry demand associated with the postponement of the Olympics had been cited, orders related to the Olympics and surrounding projects contributed to higher revenue. - FY2022-Q2MitigatedAnnual report
「Orders related to the Olympics and surrounding events also contributed, bringing results above the year-earlier period.」
Although the company had previously cited reduced demand due to the postponement of the Olympics, this filing states that orders related to the Olympics and surrounding events contributed to revenue exceeding the year-earlier period. - FY2021RestatedAnnual report
「Although the broadcasting industry faced a factor reducing demand as a result of the postponement of the Olympics, the company secured a large-scale systems development project in early autumn.」
While continuing to cite the reduction in broadcasting-industry demand due to the postponement of the Olympics, the company reported winning a large-scale systems development project in early autumn. - FY2021-Q3RestatedAnnual report
「In the OTT segment, demand in the broadcasting industry was adversely affected by the postponement of the Olympics, but a large-scale system development project was secured in the consolidated accounting period of the second quarter, while site operations, related web production services and distribution network sales remained solid and exceeded the year-earlier level.」
While continuing to cite the reduction in broadcasting-industry demand associated with the postponement of the Olympics, the company reported that related revenue in the OTT area exceeded the year-earlier period. - FY2021-Q2RestatedAnnual report
「In the OTT segment, demand in the broadcasting industry was adversely affected by the postponement of the Olympics, but a large-scale system development project was secured in the consolidated accounting period of the second quarter, while site operations, related web production services and distribution network sales remained solid and exceeded the year-earlier level.」
Although the factor reducing broadcasting-industry demand due to the postponement of the Olympics continued, revenue in the OTT area exceeded the year-earlier period, supported by large-scale systems development projects and other factors. - FY2021-Q1First statedAnnual report
「Although the broadcasting industry faced a factor reducing demand as a result of the postponement of the Olympics,」
The company identified the reduction in broadcasting-industry demand associated with the postponement of the Tokyo Olympics as a new risk arising from the external environment.