Dependence on Copyrighted-Work Licensing Agreements and Publishers, etc.
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2023: 2 of 14 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The expansion of our services assumes the continuation of these agreements. However, if renewal of the agreements is hindered for any reason, or if content licensing fees fluctuate, this may affect the financial results of the Company and its group.」
Continues to disclose the risks associated with renewal of content licensing agreements, fluctuations in licensing fees and dependence on business partners. - FY2023RestatedAnnual report
「The expansion of our services assumes the continuation of these agreements. However, if renewal of the agreements is hindered for any reason, or if content licensing fees fluctuate, this may affect the Company's financial results.」
Continues to disclose the risks associated with renewal of content licensing agreements, fluctuations in licensing fees and dependence on business partners. - FY2021RestatedAnnual report
「User preferences have increased our degree of dependence on certain business partners. However, ongoing business relationships with these partners are not guaranteed, and any changes to the contractual terms or other conditions may affect the Company's financial results and future business development.」
Continues to disclose the increased dependence on certain publishers, copyright holders and other parties, as well as the risks associated with contract renewals and changes to contractual terms. - FY2019WorsenedAnnual report
「User preferences have increased our degree of dependence on certain business partners. However, ongoing business relationships with these partners are not guaranteed, and any changes to the contractual terms or other conditions may affect the Company's financial results and future business development.」
Explicitly states that dependence on certain copyright holders, publishers and other parties has increased, reinforcing the risk associated with dependence on business partners. - FY2018First statedAnnual report
「The expansion of our services assumes the continuation of these agreements. However, if renewal of the agreements is hindered for any reason, or if content licensing fees fluctuate, this may affect the Company's financial results.」
Identifies the renewal of licensing agreements, fluctuations in licensing fees and dependence on certain publishers as risks.