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Intage Holdings (4326) · RiskRestatedLatest Results briefing materials (2026-05-07): "Worsened"

Deteriorating Market Conditions and Loss of Major Projects in 協和企画’s Promotion Business

First written in FY2019-Q4. 3 of 12 entries say "Mitigated", first in FY2020-Q1. Latest entry: 2026-05-07.

12entries
8years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2020-Q1OtherFY2022-Q1 – FY2023-Q1RestatedFY2024-Q32019: 220192020: 120202021: 320212022: 320222023: 120232024: 120242025: 020252026: 12026
Same theme, other companies
Decline in advertising agency revenue due to cancellation of contracts for large projectsA theme 6 companies write about · 7 as a headwind · 0 as a tailwind

Intage Holdings moved to the "Worse" side of this theme in 2026, 8 years after the typical company in this theme (2018).

2 other companies' latest entry also says "Worsened".

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. 2026-05-07WorsenedResults briefing materials

    「Promotional activity at Kyowa Kikaku Co., Ltd., on the other hand, fell below the previous year.」

    Promotion revenue at Kyowa Kikaku fell below the previous year. The document does not identify deteriorating market conditions or the loss of a major project as causes.
  2. FY2024-Q3RestatedAnnual report

    「At 株式会社協和企画, revenue has grown with the acquisition of projects related to new drug launches and large projects, and the company continues to work to improve its gross margin.」

    At 協和企画, the company continues to pursue revenue growth through the acquisition of new drug launch and large projects and improvements in its gross margin.
  3. FY2024-Q1MitigatedAnnual report

    「At 株式会社協和企画, revenue has grown with the acquisition of projects related to new drug launches and large projects, and the company is working to improve its gross margin.」

    At 協和企画, revenue has grown through the acquisition of new drug launch and large projects, indicating an improvement from the previously weak conditions in the promotion and education-related businesses.
  4. FY2023-Q1Weak performance in the promotion and education businessesAnnual report

    「At 株式会社協和企画, both the promotion and education businesses have remained weak, partly due to a decline in projects related to new drug launches.」

    At 協和企画, both the promotion and education businesses became weak against the backdrop of fewer new drug launch projects, including the education business, which had previously exceeded the previous year's level.
  5. FY2022Promotion business struggles alongside education business outperformanceAnnual report

    「At 株式会社協和企画, the promotion business has continued to struggle due to the impact of COVID-19, while the education business has exceeded the previous fiscal year's level as sales of guidelines and digital demand for e-learning progressed steadily.」

    At 協和企画, the promotion business has continued to struggle, while digital demand for guideline sales and e-learning drove the education business above the previous fiscal year's level.
  6. FY2022-Q2Benefits of expanding education-related businesses, including mediaAnnual report

    「At 協和企画, the promotion business has continued to struggle due to the impact of COVID-19, while the business has remained above the previous year's level as a result of expanding and increasing sales in the education and media businesses.」

    At 協和企画, the promotion business has continued to struggle, while expansion and increased sales in the media business, in addition to the existing education business, contributed to performance exceeding the previous year's level.
  7. FY2022-Q1Promotion business struggles alongside education business expansionAnnual report

    「At 協和企画, the promotion business has continued to struggle due to the impact of COVID-19, while the education business has remained above the previous year's level as a result of its expansion and increased sales.」

    At 協和企画, the promotion business has continued to struggle, while the education business has exceeded the previous year's level through expansion and increased sales.
  8. FY2021MitigatedAnnual report

    「The promotion business of 株式会社協和企画 had to reschedule projects due to the impact of COVID-19, but profitability has been improving through efforts to digitize pharmaceutical promotional materials and move events online.」

    The company stated that although project schedules had been rescheduled, profitability was improving through the digitization of promotional materials and the move to online events.
  9. FY2021-Q2WorsenedAnnual report

    「The promotion business of 株式会社協和企画 has worked to digitize pharmaceutical promotional materials and move events online as measures to address market stagnation caused by COVID-19, but these efforts did not offset the decline, and revenue fell.」

    Although the company has worked to digitize promotional materials and move events online, it has been unable to offset the decline in demand, resulting in lower revenue.
  10. FY2021-Q1WorsenedAnnual report

    「Similarly, the promotion business of 株式会社協和企画 saw revenue decline due to lower demand for promotional materials following the stagnation of MR activities and a decrease in services involving direct personal contact, such as conference management.」

    In 協和企画's promotion business, revenue declined as MR activities stagnated and services involving personal contact decreased, deepening the previously difficult conditions.
  11. FY2020-Q1MitigatedAnnual report

    「The promotion business of 株式会社協和企画, which became a subsidiary last September, has shown signs of recovery, including orders for projects combining services across the group, but remains in difficult conditions due to deteriorating market conditions and the loss of large projects. The company will continue to pursue active sales promotion by capitalizing on the increased sales opportunities resulting from joining the group, while also actively expanding its education business.」

    The promotion business of 協和企画 has shown signs of recovery through orders combining group services, and the company has identified capitalizing on sales opportunities and expanding the education business as countermeasures. Meanwhile, difficult conditions have continued due to deteriorating market conditions and the loss of large projects.
  12. FY2019-Q4MaterialisedAnnual report

    「The promotion business of 株式会社協和企画, which became a subsidiary last September, faced difficult conditions due to deteriorating market conditions and the loss of large projects.」

    Deteriorating market conditions and the loss of large projects in 協和企画's promotion business have been reflected in its difficult operating performance. The company is responding by capitalizing on sales opportunities and expanding its education business.
Moved together

"Political, Regulatory and Disaster Risks in Overseas Operations" moved the same way as this thread, in the same document, in 3 of its 12 moves.

332222★123456
  1. ★This thread
  2. 1Political, Regulatory and Disaster Risks in Overseas Operations3×
  3. 2Higher Revenue and Profits for the Cumulative Consolidated Second Quarter of the 45th Fiscal Year3×
  4. 3V-shaped Recovery in Market Value Through Reinforcement of the Core Business2×
  5. 4Strengthening Industry-Specific Solution Capabilities2×
  6. 5Foreign exchange fluctuation risk associated with the translation of overseas subsidiaries’ financial statements2×
  7. 6Growth in Mobile, Single-Source, Global and Healthcare Segments2×

★ 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
Intage Holdings's next results are scheduled for 2026-11-04. Read the earnings preview It last moved in the Results briefing materials of 2026-05-07: "Worsened".
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Deteriorating Market Conditions and Loss of Major Projects in 協和企画’s Promotion Business | INTAGE HOLDINGS Inc. (4326) | Komori