Lost Opportunities Caused by Piracy Websites
First written in FY2019. 6 of 11 entries say "Restated". Latest entry: 2026-04-24.
Link-U Group moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
0 other companies' latest entry also says "Other".
- 2026-04-24OtherFinancial Results Presentation
「Piracy causes ¥8.5 trillion in damage annually, with approximately 90% involving overseas use. One contributing issue is that less than 5% of works have official translations.」
The company presented specific figures for the scale of piracy-related damage, the proportion involving overseas use, and the official translation rate. - FY2025RestatedAnnual report
「In the content business, the distribution of pirated content may result in lost opportunities with respect to revenue that content holders, copyright holders, vendors and others should otherwise receive, which could affect our group's financial position and operating results.」
Continues the general risk disclosure regarding lost revenue opportunities due to piracy. - FY2024RestatedAnnual report
「In the content business, the distribution of pirated content may result in lost opportunities with respect to revenue that content holders, copyright holders, vendors and others should otherwise receive, which could affect our group's financial position and operating results.」
Continues the general risk disclosure regarding lost revenue opportunities due to piracy. - FY2023RestatedAnnual report
「The distribution of pirated content may result in lost opportunities with respect to revenue that content holders, copyright holders, vendors and others should otherwise receive, which could affect our group's financial position and operating results.」
Continues the general risk disclosure regarding lost opportunities due to piracy. - FY2022SoftenedAnnual report
「The distribution of pirated content may result in lost opportunities with respect to revenue that content holders, copyright holders, vendors and others should otherwise receive, which could affect our group's financial position and operating results.」
The disclosure has shifted from describing a specific impact on business performance through the previous fiscal year to a general risk disclosure indicating the possibility of lost opportunities due to piracy. - FY2022-Q1RestatedAnnual report
「Although the number of users of our manga service continues to increase, we recognize that piracy websites and intensifying competition with competitors are affecting net sales.」
Continues to state that piracy websites are affecting revenue, while also noting this time that competition with other companies has intensified. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, as piracy websites became active again, we withdrew from certain development and maintenance activities with limited potential for profit growth and assigned engineers to improving our manga services in an effort to expand our earning power. As a result, we believe that we confirmed a bottoming-out in the manga services business, which had been sluggish due to the impact of piracy websites, during the second half of the fiscal year.」
States that the increased activity of piracy websites contributed to the sluggishness of the manga services business, indicating that the previously potential risk has materialized as an impact on business performance. The company recognizes a bottoming-out in the second half of the fiscal year. - FY2021-Q3RestatedAnnual report
「Although the number of users of our manga services continues to increase, we recognize that the increase in users of piracy websites is affecting revenue.」
Continues from the previous quarter to state that the increase in piracy website users is affecting revenue. - FY2021-Q1MaterialisedAnnual report
「Although the number of users of our manga services continues to increase, we recognize that the increase in users of piracy websites is affecting revenue.」
Previously, the company described lost opportunities due to piracy as a potential risk, but this time it states that the company recognizes the increase in piracy website users as affecting revenue. - FY2020RestatedAnnual report
「In the content business, the distribution of pirated content may result in lost opportunities with respect to revenue that content holders, copyright holders, vendors and others should otherwise receive, which could affect our financial position and operating results.」
Reiterates the risk of lost revenue opportunities due to piracy websites. - FY2019First statedAnnual report
「In the content business, the distribution of pirated content may result in lost opportunities with respect to revenue that content holders, copyright holders, vendors and others should otherwise receive, which could affect our business results.」
Identifies reduced revenue opportunities due to the distribution of pirated content as a risk.