Employment for all employees, business continuity, and a return to a positive trajectory by fiscal year-end
First written in FY2021-Q1. 15 of 21 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「Operating profit, ordinary profit and net income attributable to owners of the parent all reached new record highs, and the company achieved the targets of its medium-term management plan by a wide margin, substantially exceeding its initial expectations.」
The recovery and maintenance of the profitable trend following the COVID-19 pandemic became established on a full-year basis, and the company achieved the objectives of its medium-term management plan for fiscal 2023–2025. - FY2026-H1AdvancedAnnual report
「In addition to improving its cost structure through partial revisions to the Pia Ticket service fee from October last year, the company absorbed the costs of various investments, including investment in human capital incorporating pay increases of approximately 7%, development investment in new businesses, and system upgrades for the next generation. As a result, operating profit, ordinary profit, and interim net income attributable to owners of the parent all progressed smoothly, substantially exceeding both the previous fiscal year's results and the figures initially assumed.」
Regarding the recovery and maintenance of the profitable trend, operating profit, ordinary profit and interim net income substantially exceeded the previous-period results and the assumptions made at the beginning of the fiscal year, while absorbing costs including approximately 7% salary increases and investments in new businesses. - FY2025AdvancedAnnual report
「As a result, during fiscal 2025, the company aims to eliminate the substantial accumulated losses incurred during the COVID-19 pandemic (a maximum accumulated loss of ¥4.9 billion at the end of fiscal 2021, reduced to ¥900 million at the end of fiscal 2024) and resume dividend payments after being forced to suspend them during this period.」
Accumulated losses narrowed from a maximum of ¥4.9 billion to ¥900 million at the end of fiscal 2024, and the company explicitly stated its goals of eliminating accumulated losses and resuming dividend payments during fiscal 2025. - FY2025-H1AdvancedAnnual report
「Despite increased investment in new businesses and investment in human capital, including pay increases, operating profit and ordinary profit both exceeded the previous fiscal year's levels, and progress was smooth and in line with initial expectations.」
Regarding the recovery and maintenance of the profitable trend, the company recorded operating profit of ¥1.228 billion and ordinary profit of ¥1.08 billion, both exceeding the previous year's results while absorbing costs including approximately 7% salary increases and investments in new businesses. The interim period of the second year of the medium-term management plan is progressing in line with the assumptions made at the beginning of the fiscal year. - FY2024AdvancedAnnual report
「As a result, the group reported consolidated revenue of ¥39.587 billion for the fiscal year, up 120.8% year on year, operating profit of ¥1.209 billion, up 147.5%, ordinary profit of ¥922 million, up 153.5%, and net income attributable to owners of the parent of ¥1.118 billion, down to 79.0% of the year-earlier level.」
As part of the recovery from the previous losses, the company recorded operating profit, ordinary profit and net income attributable to owners of the parent for the current fiscal year, maintaining full-year profitability. - FY2024-Q3AdvancedAnnual report
「Under these business conditions, the Group's consolidated results for the cumulative third quarter of the current fiscal year, the first year of the new medium-term management plan for fiscal 2023–2025, maintained record-high levels for the cumulative third quarter, with revenue on a gross transaction value basis of approximately ¥180 billion, following the second quarter. This was driven by strong activity in the sports genre, nationwide tours by popular artists and large-scale projects such as dome-sized performances by artists visiting Japan. Together with solid performance in promoted events, publishing products and the utilization rate of Pia Arena MM, operating profit and ordinary profit are tracking above the assumptions made at the beginning of the fiscal year.」
Against a backdrop of market recovery, large-scale projects, promoted events, publishing products and Pia Arena MM, revenue on a gross transaction value basis remained at a record-high level, while operating profit and ordinary profit exceeded the assumptions made at the beginning of the fiscal year. Recovery of the profitable trend progressed further. - FY2024-Q2AdvancedAnnual report
「In addition to solid performance in promoted events, publishing products and the utilization rate of Pia Arena MM, operating profit and ordinary profit are tracking above the assumptions made at the beginning of the fiscal year.」
Against a backdrop of market recovery, an increase in large-scale projects, and solid performance in promoted events, publishing products and the utilization rate of Pia Arena MM, cumulative second-quarter operating profit of ¥980 million and ordinary profit of ¥948 million exceeded the assumptions made at the beginning of the fiscal year. Recovery and continuation of the profitable trend are progressing. - FY2024-Q1AdvancedAnnual report
「Sales of large-scale projects, including nationwide tours by popular artists, performances by artists visiting Japan, major festivals and international professional sports events, were concentrated during the period, and internet-based ticket sales were particularly strong. As a result, revenue on a gross transaction value basis was approximately ¥65 billion, the highest quarterly level on record. Together with solid performance in publishing products, promoted events and the utilization rate of Pia Arena MM, the company achieved record-high operating profit, ordinary profit and quarterly net income attributable to owners of the parent.」
Against a backdrop of large-scale projects, internet ticket sales, publishing products, promoted events and the utilization rate of Pia Arena MM, quarterly gross transaction value and profit reached record highs. Recovery progressed further in the initiative aimed at returning to a profitable trend by year-end. - FY2023-Q3AdvancedAnnual report
「In addition to the market recovery, the increase in the number of contracts won and higher ticket prices per performance contributed to strong ticket sales, which continued from the second quarter, and revenue reached 113% of the same quarter of the previous year.」
Against a backdrop of market recovery, an increase in the number of contracts won and higher ticket prices per performance, ticket sales remained strong, and operating profit, ordinary profit and quarterly net income attributable to owners of the parent were positive on a cumulative nine-month basis. The company explained that performance for the full year was tracking in line with its published outlook. - FY2023-Q2AdvancedAnnual report
「As a result, the Group's consolidated results for the second quarter were revenue of ¥15.6 billion (159.7% of the same quarter of the previous year), operating profit of ¥440 million (operating loss of ¥1.754 billion in the same quarter of the previous year), ordinary profit of ¥390 million (ordinary loss of ¥1.74 billion in the same quarter of the previous year), and quarterly net income attributable to owners of the parent of ¥1.029 billion (quarterly net loss attributable to owners of the parent of ¥1.729 billion in the same quarter of the previous year).」
All operating income, ordinary income and quarterly net income attributable to owners of the parent were positive in the second quarter, indicating progress toward returning to a profitable trend by year-end. - FY2023-Q1AdvancedAnnual report
「Operating income and operating income before amortization have remained positive for three consecutive quarters since the third quarter of the previous year, and the recovery trend in performance has continued.」
Although the goal of achieving full-year profitability has not yet been reached, operating income and operating income before amortization have been positive for three consecutive quarters since the third quarter of the previous year. In addition, ordinary income and quarterly net income attributable to owners of the parent turned positive in the first quarter of the current fiscal year. - FY2022Failure to achieve full-year profitability; quarterly profitability continuesAnnual report
「Although the Group had aimed to achieve profitability for the full year, the reimposition of priority preventive measures following the sixth wave from the beginning of the year once again tightened restrictions on events and entry by foreign nationals.」
Quarterly profitability progressed through cost reductions, live-streaming and higher arena utilization, but full-year profitability was not achieved due to the impact of the sixth wave, resulting in an ordinary loss of ¥845 million. - FY2022-Q3AdvancedAnnual report
「On a standalone basis for the third quarter of the current fiscal year, the company achieved profitability in operating income, ordinary income and quarterly net income attributable to owners of the parent for the first time in just over two years, since the second quarter of fiscal 2019. This was attributable to the recovery trend in ticket sales resulting from the phased easing of restrictions, the continuation of company-wide cost reduction measures, including reductions in executive compensation and employee bonuses implemented since the previous year, and the higher utilization rate at Pia Arena MM.」
Against the goal of returning to a profitable trend by year-end, all operating income and other profit measures turned positive on a standalone basis for the third quarter of the current fiscal year for the first time in just over two years. The company cited the easing of restrictions, cost reductions and the higher utilization rate at Pia Arena MM as factors. - FY2022-Q2AdvancedAnnual report
「Under these circumstances, the Group's consolidated results for the first six months of the current fiscal year showed a substantial reduction in the loss from the same period of the previous year, due to the continuation of company-wide cost reduction measures, including reductions in executive compensation and employee bonuses implemented since the previous year, as well as an increase in events held at Pia Arena MM.」
Through company-wide cost reduction measures and an increase in events held at Pia Arena MM, the operating loss narrowed from ¥4.442 billion in the same period of the previous year to ¥1.754 billion. On a standalone second-quarter basis, operating profit before amortization also turned positive, indicating progress toward returning to a profitable trend by year-end. - FY2022-Q1AdvancedAnnual report
「Under these business conditions, the Group's consolidated results for the first quarter of the current fiscal year showed a substantial reduction in the loss from the same quarter of the previous year, due to the continuation of company-wide cost reduction measures, including reductions in executive compensation and employee bonuses implemented since the previous year, as well as measures to strengthen the live-streaming business. However, the reissuance of a state of emergency once again tightened restrictions on events, and unfortunately the recovery in performance consequently stalled. As a result, the Group's consolidated results for the first quarter were revenue of ¥4.743 billion (revenue of ¥4.59 billion in the same quarter of the previous year), an operating loss of ¥1.154 billion (operating loss of ¥2.732 billion in the same quarter of the previous year), an ordinary loss of ¥1.16 billion (ordinary loss of ¥2.618 billion in the same quarter of the previous year), and a quarterly net loss attributable to owners of the parent of ¥1.179 billion (quarterly net loss attributable to owners of the parent of ¥2.76 billion in the same quarter of the previous year).」
The loss narrowed substantially through company-wide cost reduction measures and the strengthening of the live-streaming business, but the first quarter still recorded an operating loss of ¥1.154 billion, falling short of the goal of returning to a profitable trend by year-end. The recovery also stalled following the reissuance of a state of emergency. - FY2021Failure to achieve profitability by year-end; losses continueAnnual report
「In addition to the temporary recovery trend resulting from the phased easing of restrictions from the second quarter onward, the effects of company-wide cost reduction measures of more than 20% implemented since the beginning of the fiscal year, including reductions in executive compensation and employee salaries that were difficult decisions, as well as measures to strengthen the live-streaming business, gradually narrowed the loss. However, the reissuance of a state of emergency in the fourth quarter once again tightened restrictions on events drawing audiences, and unfortunately the recovery in performance consequently slowed.」
The loss narrowed through company-wide cost reductions of more than 20% and the strengthening of the live-streaming business, but the reissuance of a state of emergency slowed the recovery, resulting in an operating loss of ¥6.231 billion. - FY2021-Q3AdvancedAnnual report
「The loss narrowed gradually as the effects of the company-wide cost reduction measures of more than 20% implemented since the beginning of the fiscal year emerged, together with measures to strengthen the live-streaming business.」
The company explained that the loss narrowed gradually through measures to reduce company-wide costs by more than 20% and strengthen the live-streaming business. Progress toward the goal of returning to a profitable trend by year-end was indicated. - FY2021-Q2AdvancedAnnual report
「The effects of the company-wide cost reduction measures of more than 20% implemented since the beginning of the fiscal year, together with the strengthening of the live-streaming business, are emerging, and the company is aiming to return to a profitable trend by year-end as the loss narrows gradually.」
The company stated that it had reduced company-wide costs by more than 20% and that the effects were beginning to emerge. It indicated a policy of implementing measures including salary reductions for all employees during the second half, with the goal of returning the business as a whole to a profitable trend in the fourth quarter. - FY2021-Q1First statedAnnual report
「Under these circumstances, while protecting the employment and livelihoods of all employees, we will promptly implement company-wide cost reduction measures, including reductions in executive compensation, and aim to return to a profitable trend by the end of the fiscal year.」
In response to the sharp deterioration in performance caused by COVID-19, the company identified maintaining employment and livelihoods, reducing company-wide costs including executive compensation, and returning to a profitable trend by year-end as new financial management objectives.