Komori
Pia (4337) · FactRestated

Solid performance of Japan’s leisure and entertainment market driven by demand for experience-based consumption

First written in FY2019-Q2. 10 of 26 entries say "Restated". Latest entry: 2026-11-12.

26entries
9years
4from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q2 – FY2020-Q3WorsenedFY2020 – FY2021-Q3OtherFY2022-Q1 – FY2026-H12018: 12019: 420192020: 420202021: 320212022: 420222023: 220232024: 220242025: 120252026: 52026
Same theme, other companies
The shift toward experience consumption and higher value-added offerings in tourism and leisureA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

Pia moved to the "Worse" side of this theme in 2020.

1 other company's latest entry also says "Restated".

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. FY2026RestatedAnnual report

    「Japan's leisure and attendance-based entertainment market, which forms the company's business foundation, performed strongly, driven in part by the success of global events such as Expo 2025 Osaka, Kansai and the Tokyo 2025 World Athletics Championships, as well as an increase in large-scale venues and major performances.」

    It explains that the domestic live-entertainment market performed strongly, driven by the success of global events and an increase in large-scale venues and major productions.
  2. FY2026-H1Extremely strong market conditions and a market size far above pre-pandemic levelsAnnual report

    「Against this backdrop, Japan's leisure and attendance-based entertainment market, which forms the company's business foundation, has continued to see active live performances and events and is performing extremely strongly at a scale far above pre-pandemic levels, driven by events such as Expo 2025 Osaka, Kansai and the Tokyo 2025 World Athletics Championships, as well as an increase in large-scale venues and major performances.」

    The company explained that Japan's leisure and attendance-based entertainment market was performing extremely strongly at a scale far above pre-pandemic levels, supported by more active live performances and events and an increase in large-scale venues and major performances.
  3. FY2025-H1RestatedAnnual report

    「Japan's leisure and attendance-based entertainment market, which forms the company's business foundation, continues to see active live performances and events and is performing steadily at a scale well above pre-pandemic levels.」

    The company reaffirmed its view that the attendance-based entertainment market is performing steadily at a scale well above pre-pandemic levels, with live performances and events continuing to be active.
  4. FY2024-Q3Recovery to levels well above those before the pandemicAnnual report

    「Japan's leisure and attendance-based entertainment market, which forms the company's business foundation, has recovered to a scale exceeding that before the pandemic, with all attendance restrictions removed and live performances and events becoming more active amid pent-up spending on entertainment activities that had previously been curtailed. This is also supported by research from the company's think tank, the Pia Research Institute.」

    The company has advanced its view from a market showing a “clear recovery” to one that has recovered to a scale exceeding pre-pandemic levels, supported by the removal of attendance restrictions and pent-up spending.
  5. FY2024-Q1Further progress in market recoveryAnnual report

    「In Japan's leisure and attendance-based entertainment market, which forms the company's business foundation, live performances and events have become more active following the removal of attendance restrictions, and the market has clearly turned toward recovery. The market as a whole has also performed steadily, supported by larger performances and higher ticket prices, as well as pent-up spending on entertainment activities that had previously been curtailed.」

    The company explained that, following the removal of attendance restrictions, live performances and events became more active and the market progressed from its previous recovery trend to a clear recovery. It also indicated that performances had grown in scale and ticket prices had increased.
  6. FY2023-Q3Clearer evidence of market recoveryAnnual report

    「The attendance-based entertainment market, which forms the company's business foundation, has clearly turned toward recovery as live performances and events have become more active following the easing of attendance restrictions.」

    The company has progressed from its previous description of a recovery trend and a transition toward recovery to the view that the market has clearly recovered, supported by eased attendance restrictions and increased live and event activity.
  7. FY2023-Q2Clearer signs of market recoveryAnnual report

    「Japan's leisure and entertainment market, which forms the company's business foundation, has turned toward recovery, with many events shifting to 100% capacity and the number of performances in Japan by overseas artists increasing following the easing of entry restrictions for foreign visitors.」

    The company explained that the market had progressed beyond the recovery trend seen in the first quarter and turned further toward recovery, with many events held at 100% capacity and an increase in performances in Japan following the easing of entry restrictions for foreign visitors.
  8. FY2023-Q1Recovery trend and uncertainty caused by the seventh waveAnnual report

    「In Japan's leisure and attendance-based entertainment market, which forms the company's business foundation, many events have shifted to operating at 100% capacity following the easing of restrictions on event attendance and entry restrictions for foreign visitors, and ticket sales have steadily shifted toward recovery. However, the company remains concerned that the outlook will continue to be uncertain following the arrival of the seventh wave, when the number of new COVID-19 cases reached a record high.」

    The company explained that the easing of restrictions on event attendance and entry restrictions for foreign visitors allowed many events to be held at 100% capacity and ticket sales to shift toward recovery. At the same time, the arrival of the seventh wave left the market outlook uncertain.
  9. FY2022A more specific forecast for market recoveryAnnual report

    「The market is expected to reach levels well above those before the pandemic in 2023 and to achieve stable growth at an annual average growth rate of 2.4% thereafter, while the company develops new business models for the post-pandemic environment.」

    The company presented a forecast that the market would exceed pre-pandemic levels in 2023 and continue to grow thereafter at an annual average growth rate of 2.4%.
  10. FY2022-Q3Recovery trend from eased restrictions and uncertainty caused by the Omicron variantAnnual report

    「In Japan's leisure and entertainment market, which forms the company's business foundation, restrictions imposed by the government and local authorities on attendance-based events to prevent the spread of infection, including voluntary cancellation of events, limits on attendance capacity and shorter event hours, were eased in stages following the lifting of the state of emergency and quasi-emergency measures from October, and the market showed a gradual recovery. However, the future market environment remains uncertain because of the rapid spread of the Omicron variant since the end of last year and other factors.」

    The company explained that the market showed a gradual recovery as event restrictions were eased in stages, while the rapid spread of the Omicron variant since the end of the year left the future market environment uncertain.
  11. FY2022-Q2Recovery and a more specific outlook for a reboundAnnual report

    「In Japan's leisure and entertainment market, which forms the company's business foundation, some genres showed signs of a recovery in ticket sales. However, as the state of emergency was extended, restrictions imposed by the government and local authorities on attendance-based events, including voluntary cancellation of events, limits on attendance capacity and shorter event hours, continued. The market thus remained in a difficult environment, but from the third quarter onward, following the lifting of the state of emergency, sales are expected to steadily shift toward recovery as these restrictions are gradually eased and lifted. In addition, according to research released by the group's Pia Research Institute, the live entertainment market, which suffered a devastating impact during the COVID-19 pandemic, is expected to recover in 2023 to levels exceeding those before the pandemic if event restrictions are completely lifted by March 2022.」

    The company explained that, while some genres showed a recovery in ticket sales, event restrictions continued and the market remained difficult. It also presented a research forecast that the market would recover to levels exceeding those before the pandemic in 2023 if restrictions were completely lifted by March 2022.
  12. FY2022-Q1Signs of a partial recovery and continued event restrictionsAnnual report

    「In Japan's leisure and entertainment market, which forms the company's business foundation, some genres showed signs of a recovery in ticket sales. However, the government, local authorities, medical associations and others continued to request restrictions on attendance-based events, including voluntary cancellation of events, limits on attendance capacity and shorter event hours. Although the market remains challenging, sales are expected to steadily shift toward recovery as these restrictions are gradually eased and lifted.」

    The company explained that, while some genres showed a recovery in ticket sales, requests to refrain from holding attendance-based events, limit attendance capacity and shorten event hours continued, leaving the market in a difficult environment.
  13. FY2021-Q3WorsenedAnnual report

    「In Japan's leisure and entertainment market, which forms the company's business foundation, restrictions on event attendance capacity and capacity rates to prevent the spread of COVID-19 remain in place, even as measures to stimulate demand for travel and dining are implemented. Although the restrictions have been eased gradually since September, restrictions on large-scale events and certain music genres remain in place even after the originally scheduled lifting date, and the market recovery has been extremely slow. According to research and analysis by the company's think tank, the Pia Research Institute, more than 80% of the previous year's market is expected to disappear in the music and stage genres.」

    The company explained that restrictions on event attendance capacity and capacity rates, as well as regulations on large-scale events and other events, remain in place and that market recovery has been extremely slow. It also indicated that more than 80% of the previous year's music and stage market was expected to disappear.
  14. FY2021-Q2WorsenedAnnual report

    「According to research and analysis by the Pia Research Institute, as much as 80% of the previous year's market is expected to disappear in the music and stage genres.」

    For Japan's leisure and entertainment market, which had previously been described as performing steadily, the company indicated that 80% of the previous year's market was expected to disappear in the music and stage genres.
  15. FY2021-Q1WorsenedAnnual report

    「Japan's leisure and entertainment market, which forms the company's business foundation, was also forced to contract rapidly as cancellations and postponements of performances and events spread nationwide to prevent the spread of COVID-19.」

    Japan's leisure and entertainment market, which had been performing steadily on the back of demand for “experiential consumption,” contracted rapidly as performances and events were canceled or postponed nationwide.
  16. FY2020WorsenedAnnual report

    「Japan's leisure and entertainment market, which forms the company's business foundation, had maintained its recent growth trend and performed steadily, supported by rising demand for “experiential consumption,” the historic success of the Rugby World Cup Japan tournament, for which the company handled ticket sales, and expectations for the Tokyo Olympic and Paralympic Games. However, beginning in late February, cancellations and postponements of various events spread as measures were taken to prevent the spread of COVID-19, forcing the market to contract rapidly.」

    Japan's leisure and entertainment market, which had been performing steadily on the back of “experiential consumption” and international events, contracted rapidly from late February 2020 as events were canceled or postponed.
  17. FY2020-Q3RestatedAnnual report

    「Japan's leisure and entertainment market, which forms the company's business foundation, maintained its recent growth trend and performed steadily, supported by rising demand for “experiential consumption,” the historic success of the Rugby World Cup Japan tournament, for which the company handled ticket sales, and expectations for the approaching 2020 Tokyo Olympic and Paralympic Games.」

    The company explained that Japan's leisure and entertainment market maintained its growth trend and performed steadily, supported by demand for “experiential consumption,” the success of the Rugby World Cup Japan tournament, and expectations for the Tokyo Olympic and Paralympic Games.
  18. FY2020-Q2RestatedAnnual report

    「Japan's leisure and entertainment market, which forms the company's business foundation, maintained its recent growth trend and performed steadily, supported by rising demand for “experiential consumption,” as well as expectations for the Rugby World Cup Japan tournament, for which the company was contracted to handle ticket sales, and the 2020 Tokyo Olympic and Paralympic Games.」

    The company explained that Japan's leisure and entertainment market maintained its growth trend and performed steadily, supported by demand for “experiential consumption,” as well as expectations for the Rugby World Cup Japan tournament and the 2020 Tokyo Olympic and Paralympic Games.
  19. FY2020-Q1RestatedAnnual report

    「Japan's leisure and entertainment market, which forms the company's business foundation, maintained its recent trend and performed steadily, supported by rising demand for “experiential consumption.”」

    The company continues to describe the steady performance of Japan's leisure and entertainment market, supported by demand for “experiential consumption.”
  20. FY2019RestatedAnnual report

    「Japan's leisure and entertainment market maintained its recent growth trend and performed steadily, supported by rising demand for “experiential consumption.”」

    The company reaffirmed the steady performance of Japan's leisure and entertainment market, supported by demand for experiential consumption.
  21. FY2019-Q3RestatedAnnual report

    「Japan's leisure and entertainment market maintained its recent growth trend and performed steadily, supported by rising demand for “experiential consumption.”」

    The company reaffirmed its view that Japan's leisure and entertainment market maintained its growth trend and performed steadily, supported by rising demand for experiential consumption.
  22. FY2019-Q2First statedAnnual report

    「Japan's leisure and entertainment market maintained its recent growth trend and performed steadily, supported by rising demand for “experiential consumption.”」

    The company explained that Japan's leisure and entertainment market maintained its growth trend and performed steadily, supported by rising demand for experiential consumption.
Moved together

"Record-High Net Sales and Improved Profits" moved the same way as this thread, in the same document, in 4 of its 26 moves.

444333★123456
  1. ★This thread
  2. 1Record-High Net Sales and Improved Profits4×
  3. 2Strengthening the Financial Base and Improving Cash Flow4×
  4. 3Cancellation and Postponement of Performances Due to COVID-19 and Impact on Business Results4×
  5. 4Stable growth of the existing ticket business3×
  6. 5Improving Capital Efficiency to Achieve ROE Targets3×
  7. 6Numerical Targets in the Medium-Term Management Plan3×

★ 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
Pia's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Results of 2026-11-12: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.