Reduced Orders Due to Customers Cutting Marketing Budgets
First written in FY2019-Q3. 1 of 2 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2019.
The whole theme swung hardest in 2020: 18 of 24 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2019MitigatedAnnual report
「The decline in orders associated with client companies' reductions in marketing costs, mainly in the mobile sector, bottomed out, while orders from major domestic manufacturers recovered in the consumer electronics sector, mainly for permanent-staffing assignments.」
The decline in orders associated with reductions in marketing costs bottomed out, and a recovery in orders was reported in the consumer electronics sector. Meanwhile, the scale of orders for high-margin projects in the broadband sector continued to shrink. - FY2019-Q3MaterialisedAnnual report
「The decline in orders associated with client companies' reductions in marketing costs, mainly in the mobile sector, bottomed out, while orders from major domestic manufacturers recovered in the consumer electronics sector, mainly for permanent-staffing assignments.」
It is explained that orders declined in areas including broadband and mobile before subsequently bottoming out.