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Domestic Advertising Market Expands for 6th Consecutive Year

First written in FY2018. 6 of 9 entries say "Advanced", first in FY2020. Latest entry: FY2026.

9entries
9years
1from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2018AdvancedFY2022 – FY20262018: 120182019: 020192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 22026
Same theme, other companies
Resilient performance of the domestic advertising marketA theme 3 companies write about · 0 as a headwind · 3 as a tailwind

0 other companies' latest entry also says "Advanced".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Japan’s total advertising expenditure in 2025 was ¥8.0623 trillion, or 105.1% of the previous year (according to Dentsu Inc.). Large-scale events, including Expo 2025 Osaka, Kansai, and growing demand for video advertising contributed to the expansion of the market as a whole.」

    Japan’s total advertising expenditure was ¥8.0623 trillion, or 105.1% of the previous year, and the market expanded further from the record high recorded in 2024.
  2. 2026-04-14AdvancedEarnings

    「Japan’s total advertising expenditure in 2025 was ¥8.0623 trillion, or 105.1% of the previous year (according to Dentsu Inc.). Large-scale events, including Expo 2025 Osaka, Kansai, and growing demand for video advertising contributed to the expansion of the market as a whole.」

    The disclosure reports the expansion of the domestic advertising market, with domestic advertising expenditure in 2025 reaching ¥8,062.3 billion, or 105.1% of the previous year's level.
  3. FY2025AdvancedAnnual report

    「Japan’s advertising expenditure reached a record high again in 2024, renewing the record for the third consecutive year since 2022.」

    Japan’s total advertising expenditure in 2024 was ¥7.6730 trillion, or 104.9% of the previous year, marking the third consecutive year in which the advertising market reached a record high.
  4. FY2024AdvancedAnnual report

    「Japan’s total advertising expenditure in 2023 was ¥7.3167 trillion, or 103.0% of the previous year (according to Dentsu Inc.). Growth in internet advertising, driven by digitisation, the resumption and expansion of events that had been cancelled or scaled back during the COVID-19 pandemic, and the increase in events at various facilities accompanying the recovery in inbound demand contributed to higher promotional media advertising expenditure, and the advertising market as a whole grew.」

    Japan’s total advertising expenditure was ¥7.3167 trillion, or 103.0% of the previous year, and the market as a whole expanded for the second consecutive year.
  5. FY2023AdvancedAnnual report

    「Japan’s total advertising expenditure in 2022 was ¥7.1021 trillion, or 104.4% of the previous year (according to Dentsu Inc.), and the advertising market as a whole grew on the strength of internet advertising, driven by digitisation.」

    Japan’s total advertising expenditure was ¥7.1021 trillion, or 104.4% of the previous year, and the market as a whole expanded for the second consecutive year after 2021. It also states that Japan’s advertising expenditure reached a record high in 2022 as a priority issue.
  6. FY2022MitigatedAnnual report

    「Japan’s total advertising expenditure in 2021 was ¥6.7998 trillion, or 110.4% of the previous year (according to Dentsu Inc.), and the advertising market recovered significantly as the impact of COVID-19 eased.」

    Japan’s total advertising expenditure was ¥6.7998 trillion, or 110.4% of the previous year, marking a shift from negative growth in 2020 to a market recovery.
  7. FY2021WorsenedAnnual report

    「The advertising industry, which is our Group's primary market, saw domestic advertising expenditures in 2020 reach ¥6.1594 trillion, or 88.8% of the previous year's level (according to Dentsu Inc.), resulting in negative growth for the first time in 9 years due to the spread of COVID-19.」

    Japan’s advertising market, which had continued to exceed the prior year’s level, turned to negative growth in 2020 for the first time in 9 years, with expenditure of ¥6.1594 trillion, or 88.8% of the previous year.
  8. FY2020AdvancedAnnual report

    「Japan’s total advertising expenditure in 2019 was ¥6.9381 trillion, or 106.2% of the previous year (according to Dentsu Inc.), marking the eighth consecutive year of growth over the prior year.」

    Japan’s total advertising expenditure was ¥6.9381 trillion, or 106.2% of the previous year, extending the period of year-on-year growth from 6 years to 8 years.
  9. FY2018First statedAnnual report

    「Domestic advertising expenditures in 2017 were ¥6.3907 trillion, or 101.6% of the previous year's level, according to Dentsu Inc. They increased alongside the second-longest postwar period of economic expansion and exceeded the previous year's level for the 6th consecutive year.」

    Japan’s total advertising expenditure in 2017 was ¥6.3907 trillion, or 101.6% of the previous year, exceeding the prior-year result for the sixth consecutive year, according to market data.
Moved together

"Aggressive capital investment in the video equipment rental division" moved the same way as this thread, in the same document, in 7 of its 9 moves.

776655★123456
  1. ★This thread
  2. 1Aggressive capital investment in the video equipment rental division7×
  3. 2Profitability Challenges from Depreciation Costs and Equipment Utilization Rates7×
  4. 3Quarterly Results Marked by Lower Revenue and Profit6×
  5. 4Stable growth with profitability through concentrating management resources on 4 businesses6×
  6. 5Weakness in the SP and events divisions due to a decline in large projects5×
  7. 6Securing stable revenue and orders5×

★ 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 It last moved in the Earnings of 2026-04-14: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Domestic Advertising Market Expands for 6th Consecutive Year | Ray Corporation (4317) | Komori