Increase in the Costs of Securing Large-Scale Events Due to Intensifying Competition for Ticket Sales
First written in FY2018-Q1. 3 of 4 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2018.
Pia moved to the "Worse" side of this theme in 2017.
0 other companies' latest entry also says "Materialised".
- FY2018MaterialisedAnnual report
「In the first quarter, it was difficult to offset the decline caused by lower gross profit due to higher costs of securing popular events, in addition to increased selling, general and administrative expenses and higher organizational and systems costs for strengthening security」
The decline in gross profit due to higher costs of securing major and popular events actually occurred as a factor weighing on full-year profit, alongside increased selling, general and administrative expenses and security-related costs. - FY2018-Q3MaterialisedAnnual report
「Net income was limited to ¥584 million, owing to narrower gross profit margins due to higher costs of securing popular events, increased selling, general and administrative expenses, and ongoing organizational and systems measures to strengthen security.」
Higher costs of securing popular events continued to weigh on gross profit margins and, together with increased selling, general and administrative expenses and security-related costs, became factors weighing on third-quarter profit. - FY2018-Q2MaterialisedAnnual report
「Net income was limited to ¥442 million, owing to narrower gross profit margins due to higher costs of securing popular events, increased selling, general and administrative expenses, and emergency organizational and systems measures to strengthen security.」
Higher costs of securing major and popular events actually reduced gross profit margins and, together with higher selling, general and administrative expenses and security enhancement costs, became factors weighing on quarterly net income. - FY2018-Q1First statedAnnual report
「Net income was limited to ¥184 million, owing to higher costs of securing major events amid intensifying competition in ticket sales, as well as an increase in returns of published products.」
Intensifying competition in ticket sales and higher costs of securing major events were identified for the first time as factors weighing on net income for the quarter.