Decline in Event and Promotional Demand Due to COVID-19
First written in FY2020. 4 of 11 entries say "Restated". Latest entry: FY2026-H1.
J-Stream moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 2 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026-H1ReframedAnnual report
「In the EVC segment, excluding pharmaceuticals, events are increasingly returning to in-person formats, while the combined use of video and the use of video within companies and organizations are also progressing.」
The description has shifted from a decline in online demand after the infection was brought under control to a demand structure in which the return to in-person formats and the combined and internal use of video are progressing simultaneously. - FY2024-Q3RestatedAnnual report
「Although large projects were seen in the third quarter of the consolidated fiscal period for one-off uses such as promotional webinars and live events within companies and organizations, demand remained below the previous year's level throughout the period. Accordingly, sales associated with conducting live events and network traffic were also weak. For the same reasons, demand for web production and video production was also low.」
Regarding the decline in occasional online demand accompanying the return to in-person activities after the infection was brought under control, a large project was secured in the third quarter, but cumulative results remained below the previous year, with live events, network traffic, and website and video production continuing to be sluggish. - FY2024-Q2WorsenedAnnual report
「The Group's core services, including J-Stream Equipmedia and J-Stream CDNext, which serve as infrastructure for delivering various types of information, as well as routine use for in-house training and other purposes, remained firm. However, demand for occasional uses such as promotional webinars and live events within companies and organizations declined, resulting in sluggish sales related to live events and network traffic. For similar reasons, demand for website and video production also remained low.」
The decline in online demand accompanying the return to in-person activities after the infection was brought under control has appeared in actual sales as sluggish performance in webinars, live events, network traffic, and website and video production. - FY2024-Q1RestatedAnnual report
「The easing of restrictions related to COVID-19 encouraged a return to in-person activities across various aspects of corporate activity.」
The Company continues to describe a situation in which online demand has not surged as events return to in-person formats after the infection was brought under control. - FY2023MitigatedAnnual report
「As of the fiscal year ending March 2023, the Company's business areas had entered the post-COVID phase, and management recognizes that the decline following the explosive increase in demand had subsided.」
Regarding the decline following temporary demand after the infection was brought under control, the Company states that, in the most recent fiscal year, the decline following the explosive increase in demand had subsided. - FY2023-Q3RestatedAnnual report
「In the EVC segment, excluding pharmaceuticals, sales for promotional purposes declined slightly year on year as the number of in-person events increased with the COVID-19 situation coming under control.」
The Company continues to describe the impact of the return to in-person events after the infection was brought under control, which caused sales for promotional purposes that had been centered on online services to decline slightly year on year. - FY2023-Q2RestatedAnnual report
「In the EVC segment, excluding pharmaceuticals, sales for promotional purposes declined slightly year on year as the number of in-person events increased with the COVID-19 situation coming under control, but have recently been trending upward.」
The impact of the return to in-person events after the infection was brought under control, which caused promotional sales to decline slightly year on year, has continued, although the Company states that sales have recently been trending upward. - FY2023-Q1MaterialisedAnnual report
「Sales for promotional purposes declined slightly year on year as the number of in-person events planned increased with the COVID-19 situation coming under control.」
As events returned to in-person formats after the infection was brought under control, sales for promotional purposes, which had been centered on online services, actually declined slightly year on year. - FY2022MaterialisedAnnual report
「In the fiscal year ended March 2022, video production and other content production posted results below the previous fiscal year as demand, which had increased temporarily across industries immediately after the infection began to spread, subsequently declined.」
The risk of lower online demand and a reversal of temporary demand after the infection was brought under control actually materialized as video and content production falling below the previous fiscal year's level. - FY2021ReframedAnnual report
「However, measures such as curtailing or postponing various events in both the entertainment-related and business sectors, including seminars, and further tightening promotional budgets may be implemented due to a further spread of infections, including new variants, and the adverse impact on the overall economy from concerns about the spread, potentially leading to a decline in demand. Conversely, if the infection is brought under control through the widespread use of vaccines or other measures, demand may decline as events that were moved online for infection-control purposes return to in-person formats.」
In addition to the decline in event and promotional demand from a resurgence of infections, the Company also identifies the risk of lower online demand as events return to in-person formats after the situation is brought under control, presenting demand risks in both directions. - FY2020First statedAnnual report
「However, due to the adverse impact on the overall economy from the spread of the infection and concerns about its spread, measures such as curtailing or postponing various events in both the entertainment-related and business sectors, including seminars, as well as tightening promotional budgets and postponing website renewals, may be implemented, potentially leading to a decline in demand. In addition, as the timing of containment remains uncertain, including the possibility of a renewed deterioration in the situation, the impact on the Group's performance may increase if the situation becomes prolonged.」
The Company has newly disclosed the possibility of lower demand for events, seminars, promotional budgets and website updates due to the spread and prolonged duration of COVID-19.