Decline in Sales Following Large Exhibition Projects
First written in FY2017. 6 of 14 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2026.
Ray moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Performance remained firm, supported by production work related to the Osaka-Kansai Expo and the holding of large exhibitions such as the Japan Mobility Show.」
While the risk of a decline following large exhibition projects remains, large projects such as the Osaka-Kansai Expo and the Japan Mobility Show were recognized in the current fiscal year, resulting in firm performance in the SP and Events segment. - 2026-04-14RestatedEarnings
「For the outlook for the next fiscal year, due to the decline following this fiscal year's large-scale exhibitions, including the Osaka-Kansai Expo and the Japan Mobility Show, as well as rising costs such as materials and labor, we forecast net sales of ¥13,000 million, operating income of ¥1,000 million, ordinary income of ¥1,100 million, and net income attributable to owners of the parent of ¥820 million.」
The decline following the large-scale exhibitions is explicitly identified as a factor weighing on next fiscal year's performance, reaffirming the historical fluctuations in performance depending on whether large-scale projects are secured. - FY2026-H1MitigatedAnnual report
「Although the previous fiscal year produced weak results due to insufficient orders for large projects, performance improved as a result of production work related to the Osaka-Kansai Expo and orders for new projects generated by various sales initiatives.」
The SP and Events segment has improved from the decline and weak performance in the previous fiscal year caused by a shortage of large projects, through orders for Expo-related and new projects. The company does not state that the risk has been eliminated. - FY2025MaterialisedAnnual report
「The TV commercial (TVCM) segment also posted somewhat weak results because it was unable to fully offset the decline in video production projects related to a large exhibition held the previous year.」
The decline following the completion of projects related to a large exhibition held the previous year has actually appeared as weak performance in the TVCM segment in the current fiscal year. - FY2025-H1MaterialisedAnnual report
「While orders for large projects such as corporate promotions and events in the promotional media-related market remained weak,」
The company received few orders for large projects such as corporate promotions and events, and fluctuations in performance depending on whether large projects are received, which have continued from the previous fiscal year, have actually appeared in the current interim consolidated accounting period. - FY2025-Q1MaterialisedAnnual report
「Although performance in the TVCM (television commercial) division continued to be steady, the SP (sales promotion) and Events division posted weak performance because it received few orders for large corporate promotion and event projects.」
The SP and Events segment performed weakly because it received few orders for large projects, and fluctuations in performance depending on whether large projects are received have actually appeared in the current quarter. - FY2024MaterialisedAnnual report
「Although performance in the SP (sales promotion) and Events division did not reach the level of the previous consolidated period, it was steady, partly because revenue was recognized from large exhibition and event projects.」
Although large projects were recognized, performance did not reach the level that included large projects in the previous fiscal year, and the decline following the completion of those projects remains for the full year. - FY2024-Q3MaterialisedAnnual report
「Although performance in the SP (sales promotion) and Events division did not reach the level of the previous consolidated period, it was steady, partly because revenue was recognized from large exhibition and event projects.」
The company discloses that, although large projects were recognized, performance did not reach the level that included large projects and similar projects in the previous consolidated accounting period, leaving a decline following the completion of those projects. - FY2024-Q1MaterialisedAnnual report
「The Company's results were weak because it did not receive orders for large projects and similar projects that had been received in the previous consolidated accounting period, and also because of the resulting decline.」
The absence of large projects and similar projects in the previous consolidated accounting period has resulted in a decline that has appeared as weak performance in the SP and Events segment in the current quarter. - FY2022RestatedAnnual report
「Projects involving large exhibitions and similar events held during specific periods contribute to revenue growth at the time, but also cause a subsequent decline, affecting the stability of the Group's operating performance.」
The company is reconfirming the risk of a subsequent decline following temporary revenue growth from large exhibition projects and efforts to increase orders for projects with limited seasonal fluctuations. - FY2021RestatedAnnual report
「Projects involving large exhibitions and similar events held during specific periods contribute to revenue growth at the time, but also cause a subsequent decline, affecting the stability of the Group's operating performance.」
The company is reconfirming the risk of a subsequent decline following temporary revenue growth from large exhibition projects and efforts to increase orders for projects with limited seasonal fluctuations. - FY2020RestatedAnnual report
「Projects involving large exhibitions and similar events held during specific periods contribute to revenue growth at the time, but also cause a subsequent decline, affecting the stability of the Group's operating performance.」
The company is reconfirming the risk of a subsequent decline following temporary revenue growth from large exhibitions and its response of securing orders for projects with limited seasonal fluctuations. - FY2018RestatedAnnual report
「Projects involving large exhibitions and similar events held during specific periods contribute to revenue growth at the time, but also cause a subsequent decline, affecting the stability of the Group's operating performance.」
The company is reconfirming the risk of a subsequent decline following temporary revenue growth from large exhibitions and similar events, and states that it is also working to increase orders for projects with limited seasonal fluctuations. - FY2017First statedAnnual report
「Projects involving large exhibitions and similar events held during specific periods contribute to revenue growth at the time, but also cause a subsequent decline, affecting the stability of the Group's operating performance.」
The company discloses the risk that large exhibition projects may boost revenue during specific periods, while the subsequent decline may affect the stability of operating performance.