Weakness in the SP and events divisions due to a decline in large projects
First written in FY2017-Q1. 19 of 41 entries say "Mitigated", first in FY2017-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2019: 5 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「In the sales promotion (SP) and events segment, net sales exceeded the previous year due to the recognition of large-scale projects. However, earnings declined because the company has expanded hiring to support future business growth, resulting in labor costs being incurred ahead of the associated benefits.」
Revenue in the sales promotion and events division exceeded the previous year due to the booking of large-scale projects, partly easing the division's previous weakness caused by a lack of large projects. Profit declined, however, due to upfront personnel expenses associated with increased hiring. - 2026-10-14MitigatedEarnings
「In the sales promotion (SP) and events segment, net sales exceeded the previous year due to the recognition of large-scale projects. However, earnings declined because the company has expanded hiring to support future business growth, resulting in labor costs being incurred ahead of the associated benefits.」
Although net sales exceeded the previous year due to the recognition of large-scale projects, upfront labor costs associated with hiring weighed on earnings. - FY2026AdvancedAnnual report
「In the sales promotion (SP) and events segment, business performed steadily, supported by production work related to the Osaka-Kansai Expo as well as the hosting of large-scale exhibitions, including the Japan Mobility Show.」
The SP and Events division had been weak due to a shortage of large projects, but full-year performance became steady as projects related to Expo 2025 Osaka, Kansai and large exhibitions such as the Japan Mobility Show contributed to results. - 2026-04-14MitigatedEarnings
「In the sales promotion (SP) and events segment, business performed steadily, supported by production work related to the Osaka-Kansai Expo as well as the hosting of large-scale exhibitions, including the Japan Mobility Show.」
The SP and events segment, which had been sluggish due to a lack of large-scale projects, performed steadily owing to Osaka-Kansai Expo-related projects and large-scale exhibitions. - FY2026-H1MitigatedAnnual report
「The SP (sales promotion) and Events division posted weak results in the previous year due to a shortage of orders for large projects, but performance improved as it produced projects related to Expo 2025 Osaka, Kansai and won new projects through various sales initiatives.」
The company states that performance in the SP and Events division improved through production of projects related to Expo 2025 Osaka, Kansai and the winning of new projects, following weakness caused by a shortage of large projects in the previous year. - FY2025MitigatedAnnual report
「In the SP (sales promotion) and Events division of the advertising solutions business, performance improved somewhat toward the end of the period by securing small and medium-sized projects, but the shortfall in orders for large projects since the first half could not be fully offset, resulting in weak performance.」
Although performance improved somewhat toward the end of the period by securing small and medium-sized projects, the shortfall in orders for large projects could not be offset, and weakness remained. - FY2025-H1RestatedAnnual report
「In the advertising solutions business, 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.」
While the TVCM division remained steady, the SP and Events division received few large corporate promotion and event projects, and weak performance continued. - FY2025-Q1WorsenedAnnual 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 division received few orders for large corporate promotion and event projects, and weak performance became evident in the current quarter. - FY2024RestatedAnnual report
「Although performance in the SP (sales promotion) and Events division did not reach the level of the previous consolidated fiscal year, it was steady, partly because revenue was recognized from large exhibition and event projects.」
The company states that performance was steady due to the recognition of large projects, while confirming that the full-year performance level remained below the previous year's level, which included large projects. - FY2024-Q3MitigatedAnnual 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 SP and Events division, which had been weak through the previous quarter because orders were concentrated in the latter half of the period, posted steady performance as revenue was recognized from large exhibition and event projects, partially easing its weakness. - FY2024-Q2RestatedAnnual report
「There was no change from the first quarter in the advertising solutions business. Although the TVCM (television commercial) division continued to perform steadily, orders in the SP (sales promotion) and Events division were concentrated from the third quarter onward, resulting in weak performance.」
The company reconfirms that weakness has continued in the SP and Events division because orders have been concentrated from the third quarter onward, with no change in conditions from the first quarter. - FY2024-Q1WorsenedAnnual report
「Orders for projects in the SP (sales promotion) and Events division were concentrated from the third quarter onward, and the division did not receive orders for large projects that it had won in the previous consolidated period. Together with the resulting decline, this led to weak performance.」
The SP and Events division posted weak performance because it did not receive orders for the large projects and other work that had performed strongly in the previous year, resulting in a decline from the previous period. The company also states that orders were concentrated from the third quarter onward. - FY2023RestatedAnnual report
「The SP (sales promotion) and Events division posted strong performance because orders for various events, exhibitions and related administrative office operations were steady.」
The company reconfirms that the SP and Events division posted strong performance, with steady orders for various events, exhibitions and related administrative office operations. - FY2023-Q1MitigatedAnnual report
「The SP (sales promotion) and Events division posted strong performance, supported in part by the capture of demand for hybrid events and exhibitions combining online and in-person formats, as well as related administrative office operations.」
The SP and Events division captured demand for hybrid events and exhibitions and related administrative office operations, easing its previous weakness and moving to a condition of strong performance. - FY2022AdvancedAnnual report
「Although demand for conventional in-person events and exhibitions declined due to the impact of COVID-19, the SP (sales promotion) and Events division substantially increased its performance by winning large projects related to online events and administrative office and facility operations, among others.」
Despite continued weakness in demand for in-person events, the division won large projects related to online events and administrative office and facility operations, substantially increasing performance in the SP and Events division. The advertising solutions business recorded revenue of ¥6,908 million and operating profit of ¥913 million. - FY2022-Q3MitigatedAnnual report
「Both the SP (sales promotion) and Events division and the TVCM (television commercial) division posted steady performance as order intake was steady, supported by the capture of demand for online-focused events and exhibitions, administrative office operations and other services, and by the recovery in advertising demand.」
The SP and Events division captured demand for online-focused events and exhibitions and administrative office operations, while the recovery in advertising demand supported steady order intake and performance, easing its previous weakness. - FY2022-Q2MitigatedAnnual report
「Although the business environment remained difficult for both the SP (sales promotion) and Events division and the TVCM (television commercial) division due to the impact of COVID-19, the company continued efforts to capture demand for online events and exhibitions, mainly, as well as administrative office operations and other services, and to produce TV commercials while thoroughly implementing measures to prevent COVID-19 infection.」
The SP and Events division continued efforts to capture demand for online-focused events and exhibitions and administrative office operations, while revenue from the advertising solutions business increased 76.7% year on year and the business returned to operating profitability. Its previous weakness was partially eased, but the business environment remains difficult. - FY2022-Q1RestatedAnnual report
「Although the market had begun to show some signs of recovery, including rising demand for online events, performance remained weak because conventional in-person events and exhibitions were often restricted due to the impact of COVID-19.」
While demand for online events had begun to show signs of recovery, weakness continued in the SP and Events division because in-person events and exhibitions were restricted. - FY2021MitigatedAnnual report
「The SP (sales promotion) and Events division showed some recovery during the fourth quarter as delivery and acceptance inspections for orders were concentrated in that period. However, performance remained weak for the full year, as the division was affected by restrictions on and postponements of events and exhibitions throughout the year due to COVID-19.」
The division recovered to some extent in the fourth quarter as delivery and acceptance inspections were concentrated in that period, but performance remained weak for the full year because events and exhibitions were restricted or postponed, representing only a partial easing of its previous weakness. - FY2021-Q3RestatedAnnual report
「The SP and Events division continues to face a difficult business environment and weak performance due to the impact of the resurgence of COVID-19 infections.」
The difficult business environment and weak performance in the SP and Events division continued due to the impact of the resurgence of infections. - FY2021-Q2RestatedAnnual report
「The SP and Events division posted weak performance as restrictions on holding events and exhibitions continued due to the impact of COVID-19.」
Restrictions on holding events and exhibitions continued, and weak performance persisted in the SP and Events division. - FY2021-Q1WorsenedAnnual report
「The SP and Events division posted weak performance as events and exhibitions were canceled or postponed following the spread of COVID-19.」
The company states that, in addition to its previous weakness caused by a decline in large projects and seasonal factors, the cancellation and postponement of events and exhibitions caused performance in the SP and Events division to deteriorate. - FY2020MitigatedAnnual report
「The SP and Events division increased its performance because order intake remained steady throughout the year, particularly during the busy third quarter, when many events and exhibitions were held, when orders were also strong.」
Against the previous weakness in the SP and Events division caused by poor performance in large projects and order intake, the company reports steady full-year orders, strong orders during the busy season and increased performance. - FY2020-Q3AdvancedAnnual report
「In particular, the SP and Events division was in its busy season during the third quarter, when many events and exhibitions were held, and performance increased, supported in part by orders for large exhibitions.」
The company states that the SP and Events division won orders for large exhibitions during the busy season and increased its performance. This indicates an improvement supported by specific order wins, following weakness through the previous quarter. - FY2020-Q2MitigatedAnnual report
「Although both the SP (sales promotion) and Events division and the TVCM (television commercial) division faced difficulties in the Kansai region, overall order intake remained steady and performance was strong, supported by orders for large private exhibitions and other factors.」
The company states that the SP and Events division performed strongly as overall order intake became steady and it won orders for large exhibition projects, despite its previous weakness in orders. Difficulties remained in the Kansai region, however. - FY2020-Q1MitigatedAnnual report
「The SP (sales promotion) and Events division had posted generally weak results in the previous consolidated fiscal year, but during the cumulative first quarter of the fiscal year, performance was steady because measures such as strengthening sales capabilities led to steady order intake.」
The company states that order intake and performance in the SP and Events division, which had been weak in the previous consolidated fiscal year, became steady as a result of measures such as strengthening sales capabilities, easing its previous weakness. - FY2019-Q3RestatedAnnual report
「Although autumn was a period when many events and exhibitions were held, the SP (sales promotion) and Events division had not recovered its performance through the cumulative second quarter of the fiscal year.」
Even after the autumn event and exhibition season had passed, performance had not recovered through the cumulative second quarter of the fiscal year, and weakness continued in the SP and Events division. - FY2019-Q2RestatedAnnual report
「Under these economic and market conditions, the Group's performance for the cumulative second quarter of the fiscal year was weak in the SP (sales promotion) and Events division, whose main business areas are events and exhibitions, and in the video equipment rental division,」
The company states that weak performance has continued in the SP and Events division and the video equipment rental division. This explanation identifies the seasonal concentration of orders in autumn, rather than a decline in large projects, as the main background. - FY2019-Q1MitigatedAnnual report
「Although the SP (sales promotion) and Events division improved compared with the same period of the previous year, it is also highly seasonal, and its performance remained weak during the cumulative first quarter of the fiscal year.」
The SP and Events division improved from the same period of the previous year, partially easing its previous weakness caused by a decline in large projects. However, performance remained weak in the current quarter due to seasonal factors. - FY2018MitigatedAnnual report
「The SP (sales promotion) and Events division and the TVCM (television commercial) division, as the TVCM division maintained strong orders throughout the year and the SP and Events division also performed steadily,」
The company states that the SP and Events division improved from the weak order intake and performance that had continued since the previous fiscal year and returned to a steady condition. - FY2018-Q3MitigatedAnnual report
「The SP (sales promotion) and Events division improved its performance as the autumn period, when many events and exhibitions are held, had passed.」
The company states that the performance of the SP and Events division improved after the autumn event and exhibition season, partially easing its previous weakness. - FY2018-Q2RestatedAnnual report
「The SP (sales promotion) and Events division posted weak results for the cumulative second quarter of the fiscal year, as orders for projects to be carried out by that point were sluggish and many orders were scheduled for periods after the autumn season, when events and exhibitions are held in greater numbers.」
The SP and Events division continues to post weak results because project orders through the current quarter have been sluggish and are concentrated from autumn onward. - FY2018-Q1RestatedAnnual report
「In the SP (sales promotion) and events division, orders for projects scheduled to be carried out during the cumulative first quarter of the consolidated fiscal year were weak, while many orders were for projects scheduled to be carried out from autumn onward. As a result, performance during the cumulative first quarter of the consolidated fiscal year was sluggish.」
In the SP and events division, orders for projects scheduled during the quarter were weak, and sluggish performance continued. At the same time, the Company explained that many projects were scheduled to be carried out from autumn onward. - FY2017RestatedAnnual report
「The SP (sales promotion) and events division and the TVCM (television commercial) division faced a continued difficult order environment. Orders for competitive projects through the second quarter were weak, and projects expected to be carried out and generate revenue during the current fiscal year were postponed to the next fiscal year, resulting in lower revenue. Together with the impact of the loss-making transaction caused by the failure of a large-scale project during the second quarter of the consolidated fiscal year, this resulted in sluggish performance.」
The Company states that the impact of the loss-making transaction caused by the failure of a large-scale project and weak orders continued into the full-year advertising solutions business. - FY2017-Q3MitigatedAnnual report
「Both the SP (sales promotion) and events division and the TVCM (television commercial) division improved after the autumn period, when many events and exhibitions are held, but the order environment remained difficult, and performance had not recovered from the impact of the loss-making transaction caused by the failure of a large-scale project in the second quarter of the consolidated fiscal year」
Performance improved due to autumn events and exhibitions, but the order environment remained difficult and the impact of the loss-making transaction caused by the failure of a large-scale project remained, so the Company described the downturn as having eased only partially. - FY2017-Q2WorsenedAnnual report
「Both the SP (sales promotion) and events division and the TVCM (television commercial) division posted sluggish revenue and profit, due in part to weak orders for competitive projects and the occurrence of loss-making transactions after large-scale advertising projects being pursued with expected future revenue fell through.」
In addition to the decline in large-scale projects, a major advertising-related project fell through, resulting in an actual loss-making transaction. - FY2017-Q1First statedAnnual report
「Revenue in the SP (sales promotion) and events division remained sluggish due to a decline in large-scale projects and other factors, and profit also remained sluggish as a result of the weak revenue performance.」
The decline in large-scale projects was reflected in sluggish revenue and profit during the quarter.