Growth in Royalty Revenue from Home Karaoke Music Distribution Driven by Stay-at-Home Consumption
First written in FY2021-Q1. 9 of 18 entries say "Restated". Latest entry: 2026-10-08.
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- FY2026-H1SoftenedAnnual report
「In addition, revenue from the home karaoke music distribution business decreased from the same period of the previous year due in part to a decline in new users.」
The home karaoke music distribution business, previously described as generating high-level, stable earnings, posted lower revenue year on year due in part to a decline in new users. - FY2024RestatedAnnual report
「The home karaoke music distribution business maintained stable, high-level earnings during the current consolidated fiscal year as well.」
The home karaoke music distribution business has maintained stable, high-level earnings even after the decline in stay-at-home demand. - FY2024-Q3RestatedAnnual report
「The home karaoke music distribution business continued to maintain stable, high-level earnings in the third quarter.」
The company continues to explain that the home karaoke music distribution business has maintained stable, high-level earnings even after opportunities to go out increased. - FY2024-Q2RestatedAnnual report
「The home karaoke music distribution business is maintaining stable, high-level earnings.」
The company continues to explain that the home karaoke music distribution business is maintaining stable, high-level earnings. - FY2024-Q1MitigatedAnnual report
「The home karaoke music distribution business is maintaining stable, high-level earnings.」
Regarding the home karaoke music distribution business, which was reported to have declined slightly due to increased opportunities to go out in the previous fiscal year, the company explained that it maintained stable, high-level earnings during the current quarter. - FY2023SoftenedAnnual report
「The home karaoke music distribution business had significantly increased sales through the previous consolidated fiscal year on the back of stay-at-home demand amid the COVID-19 pandemic, but sales in the current consolidated fiscal year decreased slightly from the previous consolidated fiscal year due to increased opportunities to go out, among other factors.」
Sales declined slightly year on year due to increased opportunities to go out, but the company explained that revenue remained above pre-pandemic levels due to the Nintendo Switch's increased market share and the established practice of enjoying karaoke at home. - FY2023-Q3RestatedAnnual report
「Although the home karaoke music distribution business was affected by weaker stay-at-home demand, the decline from the same period of the previous year remained limited as the Nintendo Switch console expanded its market share and enjoying karaoke at home became more established than before the COVID-19 pandemic.」
Although the business was affected by weaker stay-at-home demand, the decline from the same period of the previous year remained limited as the Nintendo Switch console expanded its market share and enjoying karaoke at home became an established practice. - FY2023-Q2SoftenedAnnual report
「In the home karaoke music distribution business, sales of the compatible Nintendo Switch console have increased, contributing to growth in the service's user base. In addition, campaigns over the year-end and New Year period encouraged user activity, partly offsetting the decline in usage resulting from weaker stay-at-home demand, and revenue was down only slightly year on year.」
Usage declined as stay-at-home demand weakened, but the decline was partly offset by higher Nintendo Switch sales and year-end and New Year campaigns, resulting in only a slight year-on-year decrease. - FY2023-Q1ReframedAnnual report
「The home karaoke music distribution business has remained solid even after restrictions on going out were lifted, as enjoying karaoke at home has become more established than before the COVID-19 pandemic.」
The company explained that the strength of the home karaoke music distribution business was attributable not only to the previous expansion in stay-at-home consumption, but also to the established practice of enjoying karaoke at home, which has kept the business solid even after restrictions on going out were lifted. - FY2022-Q3RestatedAnnual report
「Royalty revenue from the home karaoke music distribution business, which has continued to perform well as stay-at-home consumption expanded amid the COVID-19 pandemic, remained at a high level.」
Royalty revenue from the home karaoke music distribution business remained at a high level against a backdrop of stay-at-home consumption. - FY2022-Q1RestatedAnnual report
「Royalty revenue from the home karaoke music distribution business, which has continued to perform well as stay-at-home consumption expanded amid the COVID-19 pandemic, remained at a high level.」
Royalty revenue from the home karaoke music distribution business remained at a high level against a backdrop of stay-at-home consumption. - FY2021RestatedAnnual report
「During the current fiscal year, royalty revenue from the home karaoke music distribution business continued to increase, following the previous fiscal year, as stay-at-home consumption expanded amid the COVID-19 pandemic.」
Royalty revenue from the home karaoke music distribution business continued to grow against a backdrop of expanded stay-at-home consumption. - FY2021-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, royalty revenue from the home karaoke music distribution business continued to increase as stay-at-home consumption expanded amid the COVID-19 pandemic.」
Royalty revenue from the home karaoke music distribution business continued to grow against a backdrop of expanded stay-at-home consumption. - FY2021-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, royalty revenue from the home karaoke music distribution business continued to increase as stay-at-home consumption expanded amid the COVID-19 pandemic.」
Royalty revenue from the home karaoke music distribution business continued to grow against a backdrop of stay-at-home consumption amid the COVID-19 pandemic. - FY2021-Q1First statedAnnual report
「During the first quarter of the current consolidated cumulative period, royalty revenue from the home karaoke music distribution business increased as stay-at-home consumption expanded amid the COVID-19 pandemic. However, due to a decline in the SI business following the completion of a large development project in the same period of the previous year, revenue from this business was ¥135 million, down 46.1% year on year, and operating profit was ¥4 million, down 79.4%.」
The company newly stated that royalty revenue from the home karaoke music distribution business increased against a backdrop of expanded stay-at-home consumption amid the COVID-19 pandemic. Meanwhile, the overall Other business posted lower revenue and profit due to the decline in the SI business following the previous year's performance.