Launch of the Concert Business
First written in FY2019-Q1. 3 of 4 entries say "Restated". Latest entry: FY2019.
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- FY2019RestatedAnnual report
「During the current consolidated fiscal year, the Company is developing its SI business, its subsidiary 株式会社フォネックス・コミュニケーションズ' home karaoke music streaming business, and new businesses including the concert and crane game businesses.」
The Company continues to develop Other businesses, including the concert and crane game businesses. - FY2019-Q3RestatedAnnual report
「In the nine months ended the third quarter of the current consolidated fiscal year, strong development projects in the SI business resulted in revenue from this business of ¥306 million, up 45.7% year on year. However, costs related to the concert business operated by subsidiary Fonex Communications Co., Ltd. substantially exceeded revenue, resulting in an operating loss of ¥7 million, compared with an operating profit of ¥8 million in the same period of the previous year.」
Expenses related to the concert business continued to substantially exceed revenue, and Other businesses posted an operating loss of ¥7 million. - FY2019-Q2RestatedAnnual report
「In the six months ended the second quarter of the current consolidated fiscal year, royalty revenue from the crane game business operated by subsidiary Fonex Communications Co., Ltd. remained strong, resulting in revenue from this business of ¥159 million, up 12.8% year on year. However, costs related to the concert business launched in the current consolidated fiscal year substantially exceeded revenue, resulting in an operating loss of ¥31 million, compared with an operating profit of ¥12 million in the same period of the previous year.」
In the concert business, whose launch was indicated in the previous quarter, expenses continued to substantially exceed revenue, and Other businesses posted an operating loss of ¥31 million. - FY2019-Q1First statedAnnual report
「In the first quarter of the current consolidated fiscal year, subsidiary Fonex Communications Co., Ltd. launched a concert business, resulting in revenue from this business of ¥84 million, up 81.5% year on year. However, costs related to the concert business substantially exceeded revenue, resulting in an operating loss of ¥31 million, compared with an operating loss of ¥11 million in the same period of the previous year.」
株式会社フォネックス・コミュニケーションズ launched its concert business during the first quarter of the current consolidated fiscal year. Revenue was ¥84 million, but expenses substantially exceeded revenue, resulting in an operating loss of ¥31 million.