Komori
Ray (4317) · RiskRestated

Cancellation or Postponement of Events, Exhibitions and Concerts Due to Disasters

First written in FY2017. 6 of 18 entries say "Materialised", first in FY2020. Latest entry: FY2025.

18entries
9years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018MaterialisedFY2020 – FY2022-Q1MitigatedFY2024-Q1 – FY20242017: 120172018: 120182019: 020192020: 320202021: 420212022: 320222023: 320232024: 220242025: 12025
Same theme, other companies
Decline in event volume due to event restrictions and venue arrangement issuesA theme 35 companies write about · 37 as a headwind · 0 as a tailwind

Ray moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.

The whole theme swung hardest in 2020: 24 of 28 companies on the "Worse" side.

11 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 35 companies compared. The sentences above are computed from all 35.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「Clients may cancel or postpone planned promotional events, exhibitions, concerts and other events due to unavoidable factors, such as earthquakes and other natural disasters or outbreaks of infectious diseases.」

    The risk of cancellations and postponements of events, exhibitions, concerts and other activities due to natural disasters or infectious diseases continues to be described in generalized terms.
  2. FY2024MitigatedAnnual report

    「Concerts, exhibitions, events and private exhibitions held by companies, among others, are now being held in greater numbers, and demand for in-person events has been increasing.」

    The disclosure describes the increase in in-person events and the recovery in demand, indicating that the previous impact of cancellations and postponements has eased. The risk itself continues to be described under business and other risks.
  3. FY2024-Q3MitigatedAnnual report

    「During the three-month consolidated accounting period under review, concerts, exhibitions, events and other activities were held actively,」

    Concerts, exhibitions, events and other activities were held actively, and the impact of cancellations and postponements caused by infectious diseases and other factors on the related divisions was reconfirmed as having eased compared with the past.
  4. FY2024-Q1MitigatedAnnual report

    「The entertainment-related market has recovered markedly as concerts, stage performances and other events have fully resumed, and is expected to continue expanding steadily.」

    The disclosure states that concerts, stage performances and other events have fully resumed, reducing the impact of cancellations and postponements caused by infectious diseases and other factors compared with the past.
  5. FY2023ReframedAnnual report

    「Clients may cancel or postpone planned promotional events, exhibitions, concerts and other events due to unavoidable factors, such as earthquakes and other natural disasters or outbreaks of infectious diseases.」

    The disclosure has been reorganized from the previous reference to cancellations and postponements caused by natural disasters and the novel coronavirus to address the broader risk of infectious diseases in addition to natural disasters.
  6. FY2023-Q3MitigatedAnnual report

    「In the Video Equipment Rental segment, performance is recovering as the impact of COVID-19 has eased and concerts and stage performances have begun to fully resume, resulting in firm utilization of large video equipment and similar equipment.」

    The easing of the impact of COVID-19 and the full resumption of concerts and stage performances have partially mitigated the impact of event cancellations and postponements, while utilization of large video equipment has remained firm.
  7. FY2023-Q1RestatedAnnual report

    「Events, exhibitions, concerts and stage performances, which are the Company's principal business areas, had begun to resume, and the advertising market was also becoming more active, but」

    The company describes the resumption of events and similar activities and increased activity in the advertising market, while also noting the incomplete recovery of in-person events and similar activities and uncertainty arising from the economic environment, thereby reconfirming the state of partial recovery and remaining risks.
  8. FY2022MitigatedAnnual report

    「Operating performance recovered compared with the previous consolidated fiscal year as restrictions on activities were eased from October 2021 and in-person events, exhibitions, concerts and stage performances began to resume, but results remained weak.」

    The easing of restrictions on activities and the resumption of in-person events and similar activities mitigated the impact of event cancellations and postponements compared with the previous fiscal year. However, performance in the Video Equipment Rental segment remained weak.
  9. FY2022-Q3MitigatedAnnual report

    「Events, exhibitions, concerts and stage performances, which are the Company's principal business areas, have begun to resume, and signs of recovery have emerged in the advertising and entertainment markets. However, the outlook remains uncertain, as does the economic environment, amid concerns about the spread of the Omicron variant of COVID-19.」

    As events and similar activities have begun to resume and signs of market recovery have emerged, the impact of cancellations and postponements has been partially mitigated. However, the risk remains due to concerns about the spread of the Omicron variant.
  10. FY2022-Q2RestatedAnnual report

    「Because states of emergency and priority preventive measures remained in effect, events, exhibitions, concerts, stage performances and similar activities, which are the Company's principal business areas, had not fully resumed.」

    The company is reconfirming that, due to the continuation of public health measures, events, exhibitions, concerts and stage performances have not fully resumed. At the same time, it also describes signs of a gradual market recovery.
  11. FY2022-Q1MaterialisedAnnual report

    「As the end of the COVID-19 pandemic remains unforeseeable and states of emergency and priority preventive measures remain in effect in some regions, events, exhibitions, concerts, stage performances and similar activities, which are the Company's principal business areas, have not fully resumed.」

    Because the pandemic and public health measures have continued, events, exhibitions, concerts, stage performances and similar activities have still not fully resumed, and their impact on the related segments continues.
  12. FY2021MaterialisedAnnual report

    「Because events, exhibitions, concerts, stage performances and similar activities were voluntarily suspended throughout the year due to the impact of COVID-19, the utilization of video equipment, particularly large video equipment, remained weak, and operating performance deteriorated.」

    Regarding the risk previously described as the possibility of cancellations or postponements, the company states that voluntary suspension of events and similar activities occurred throughout the year, actually affecting equipment utilization and operating performance in the related segments.
  13. FY2021-Q3MaterialisedAnnual report

    「Because concerns about the spread of COVID-19 remain, events, exhibitions, concerts, stage performances and similar activities have not fully resumed, and operating performance has been significantly affected, particularly in the SP (sales promotion) and Events segment and the Video Equipment Rental segment.」

    Events and similar activities have not fully resumed, and a significant impact on the performance of the related segments is continuing in practice.
  14. FY2021-Q2MaterialisedAnnual report

    「Because concerns about the spread of COVID-19 remain, events, exhibitions, concerts, stage performances and similar activities have not fully resumed, and operating performance has been significantly affected, particularly in the SP (sales promotion) and Events segment and the Video Equipment Rental segment.」

    Because of COVID-19, events, exhibitions, concerts, stage performances and similar activities have not fully resumed, and a significant continuing impact has actually occurred on the performance of the related segments.
  15. FY2021-Q1MaterialisedAnnual report

    「Following the spread of COVID-19, the repeated cancellation or postponement of events, exhibitions, concerts, stage performances and similar activities significantly affected operating performance, particularly in the SP (sales promotion) and Events segment and the Video Equipment Rental segment.」

    Regarding the risk previously described as the possibility of event cancellations or postponements due to natural disasters and similar events, the company states that cancellations and postponements occurred repeatedly because of COVID-19, actually having a significant impact on performance in the SP and Events segment and the Video Equipment Rental segment.
  16. FY2020MaterialisedAnnual report

    「With regard to dividends for the current fiscal year, events, exhibitions, concerts, stage performances and similar activities have been repeatedly suspended due to the impact of the novel coronavirus, and operating performance has recently been significantly affected, particularly in the SP and Events segment and the Video Equipment Rental segment, which conduct such activities.」

    Regarding the risk previously described as the possibility of cancellations or postponements due to disasters and similar events, the company states that the novel coronavirus has resulted in repeated voluntary suspensions of events and similar activities, significantly affecting the SP and Events segment and the Video Equipment Rental segment.
  17. FY2018RestatedAnnual report

    「Due to unavoidable factors such as earthquakes and other natural disasters and the resulting effects of fires and similar events, clients may cancel or postpone planned promotional events, exhibitions, concerts and similar events.」

    The company is reconfirming the risk of events, exhibitions and concerts being canceled or postponed due to disasters.
  18. FY2017First statedAnnual report

    「Due to unavoidable factors such as earthquakes and other natural disasters and the resulting effects of fires and similar events, clients may cancel or postpone planned promotional events, exhibitions, concerts and similar events.」

    The company discloses the possibility that promotional events, exhibitions and concerts may be canceled or postponed due to earthquakes, fires and similar events, affecting operating performance.
Moved together

"Securing stable revenue and orders" moved the same way as this thread, in the same document, in 8 of its 18 moves.

876655★123456
  1. ★This thread
  2. 1Securing stable revenue and orders8×
  3. 2Quarterly Results Marked by Lower Revenue and Profit7×
  4. 3Sluggish First-Half Performance in the Video Equipment Rental Segment Due to Seasonal Factors6×
  5. 4Stable growth with profitability through concentrating management resources on 4 businesses6×
  6. 5Postponement of Revenue Recognition for Large and Capital Investment Projects5×
  7. 6Profitability Challenges from Depreciation Costs and Equipment Utilization Rates5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ray's next results are scheduled for 2026-10-14. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Cancellation or Postponement of Events, Exhibitions and Concerts Due to Disasters | Ray Corporation (4317) | Komori