Revenue Volatility Driven by Advertiser and Advertising Market Trends
First written in FY2018. 13 of 18 entries say "Materialised", first in FY2020-Q3. Latest entry: 2026-08-13.
Amazia moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 6 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「On MangaBANG!, advertising ARPU improved as a result of increasing advertising inventory and holding anniversary events and various campaigns.」
It states that advertising ARPU, which had previously been declining, improved during the current interim consolidated accounting period as a result of increasing advertising inventory and holding anniversary events and campaigns. - FY2025MaterialisedAnnual report
「Meanwhile, competition in the digital-book market remains intense. In addition to the downward trend in active-user numbers, advertising revenue per unit has declined as advertising market conditions have deteriorated.」
It states that advertising revenue per unit declined due to deteriorating advertising market conditions, while both paid revenue and advertising revenue for MangaBANG! declined. - FY2025-H1MaterialisedAnnual report
「Meanwhile, competition in the digital-book market remains intense. In addition to the downward trend in active-user numbers, advertising revenue per unit has declined as advertising market conditions have deteriorated.」
It states that advertising revenue per unit declined due to deteriorating advertising market conditions. In addition, both paid revenue and advertising revenue declined for MangaBANG!. - FY2024MaterialisedAnnual report
「In addition to continuing to cause stagnation in active-user growth and a decline in paid revenue per user, the difficult competitive environment, stagnation in the global economy, and domestic inflation caused advertising rates to decline as advertising market conditions deteriorated, resulting in lower advertising revenue.」
Lower advertising rates and lower advertising revenue due to deteriorating advertising market conditions continue to be reported as part of full-year performance. - FY2024-Q2MaterialisedAnnual report
「Advertising revenue declined because advertising rates fell as advertising market conditions deteriorated.」
It states that lower advertising rates and lower advertising revenue due to deteriorating advertising market conditions also occurred during the cumulative second-quarter period. - FY2024-Q1MaterialisedAnnual report
「Advertising revenue declined because advertising rates fell as advertising market conditions deteriorated.」
It states that lower advertising rates and lower advertising revenue due to deteriorating advertising market conditions also occurred during the cumulative first-quarter period. - FY2023MaterialisedAnnual report
「Advertising revenue declined because advertising rates fell as advertising market conditions deteriorated.」
Lower advertising rates and lower advertising revenue due to deteriorating advertising market conditions continued to occur in full-year performance. - FY2023-Q3MaterialisedAnnual report
「In addition to continuing to cause stagnation in active-user growth and a decline in paid revenue per user, the difficult competitive environment, stagnation in the global economy, and domestic inflation caused advertising rates to decline as advertising market conditions deteriorated, resulting in lower advertising revenue.」
It continues to report lower advertising rates and lower advertising revenue as part of performance for the cumulative third-quarter period. - FY2023-Q2MaterialisedAnnual report
「Advertising revenue declined because advertising rates fell as advertising market conditions deteriorated.」
It continues to report lower advertising rates and lower advertising revenue as part of performance for the cumulative second-quarter period. - FY2023-Q1MaterialisedAnnual report
「Advertising revenue declined because daily advertising revenue fell as advertising market conditions deteriorated due to stagnation in the global economy and domestic inflation, among other factors.」
It states that lower daily advertising revenue and lower advertising revenue actually occurred against a backdrop of stagnation in the global economy, domestic inflation, and deteriorating advertising market conditions. - FY2022MaterialisedAnnual report
「The effects of stronger personal information protection and the deterioration of advertising market conditions resulting from stagnation in the global economy and domestic inflation have resulted in lower daily advertising revenue.」
In addition to the previously cited COVID-19 pandemic and reductions in advertising budgets, stronger personal information protection, stagnation in the global economy, and deterioration in advertising market conditions due to domestic inflation are cited as factors behind lower advertising revenue. - FY2022-Q3MaterialisedAnnual report
「In addition, the effects of stronger personal information protection and the deterioration of advertising metrics due to the spread of COVID-19 have resulted in lower daily advertising revenue.」
It states that stronger personal information protection and the deterioration of advertising metrics due to the spread of COVID-19 have actually appeared as lower daily advertising revenue. - FY2021MaterialisedAnnual report
「Advertising revenue per unit declined due to the effects of some customers refraining from advertising and reducing their advertising budgets as COVID-19 spread, as well as the introduction of ATT (short for App Tracking Transparency, introduced in iOS 14.5).」
It states that advertising revenue per unit actually declined due to advertising customers refraining from advertising, reducing their budgets, and the introduction of ATT. - FY2020-Q3MaterialisedAnnual report
「Advertising revenue per unit has declined as advertising market conditions deteriorated due to the spread of COVID-19.」
It states that the decline in advertising revenue per unit due to deteriorating advertising market conditions actually occurred. - FY2019RestatedAnnual report
「We are actively gathering information on new advertising systems and working to ensure that stable, highly profitable advertising is delivered at all times. However, if advertiser demand weakens due to the conditions of advertisers and others, this may affect our business and performance.」
It reconfirms the risk of revenue volatility due to advertiser conditions and the response of gathering information on advertising systems. - FY2018First statedAnnual report
「Advertising profitability may fluctuate depending on economic conditions, market conditions, and the business conditions of advertisers and other parties.」
It states that weaker advertiser demand could affect the business and its performance.