Proactive acquisition of projects in 2020

「The shift back to in-person events gained momentum, street promotions and internal events became more active, particularly for experiential products such as food and beverages and cosmetics, and large-scale projects including exhibitions, government-related projects and IP content contributed. Revenue increased to ¥12,069 million, up 92.5% from the previous consolidated fiscal year.」

「The return to in-person events gained momentum, and orders for large projects such as street promotions, internal events and exhibitions increased. Events involving IP content and other areas also contributed, resulting in sales of ¥8,781 million, up 84.3% year on year.」

「The return to in-person events gained momentum, and orders for large projects such as street promotions and exhibitions increased. As a result, sales were ¥6,627 million, up 91.9% year on year.」

「With the full-scale revitalization of socioeconomic activity and daily life, orders for large projects such as street promotions and exhibitions increased, signaling a return to in-person events. As a result, sales were ¥2,712 million, up 57.1% year on year.」

「Sales for the current consolidated fiscal year were ¥11,774 million, up 5.8% from the previous consolidated fiscal year, supported by the recovery trend in in-person events despite the post-Tokyo 2020 impact.」

「Although the seventh wave of COVID-19 had an impact, sales increased as the flow of people recovered and lifestyles changed, leading to a recovery in street promotions and events involving food and beverages. As a result, sales were ¥3,454 million, up 41.5% year on year.」

「Although sales were affected by a decline in projects related to Tokyo 2020 Olympic and Paralympic Games compared with the same period of the previous year, signs of a return to in-person events emerged, including increased orders for street promotions and large-scale exhibitions that had been curtailed during the pandemic. As a result, sales were ¥1,726 million, up 4.1% year on year.」

「Although projects related to the Tokyo 2020 Olympic and Paralympic Games contributed to sales, the repeated declarations of a state of emergency and the cancellation and postponement of events due to the January 2022 implementation of priority preventive measures substantially delayed the recovery. Sales did not return to pre-pandemic levels and amounted to ¥4,563 million, up 35.0% from the previous consolidated fiscal year.」

「Although projects related to the Tokyo 2020 Olympic and Paralympic Games contributed to sales, the repeated declarations of a state of emergency and the cancellation and postponement of events due to the January 2022 implementation of priority preventive measures substantially delayed the recovery. Sales did not return to pre-pandemic levels and amounted to ¥3,212 million, up 53.6% year on year. (4) Other Due to the absence of large projects for government agencies and organizations won in the previous year, sales amounted to ¥130 million, down 96.7% year on year.」

「Although inquiries for various online promotional initiatives increased and projects related to the Tokyo 2020 Olympic and Paralympic Games contributed, revenue for the three months ended 30 June of the current fiscal year declined significantly from the same period of the previous year because there were no large-scale projects from government agencies and organizations of the kind secured in the previous year.」

「In the current consolidated fiscal year, contributions from large projects for government agencies and organizations and an increase in inquiries for various online promotional initiatives were offset by the substantial impact of cancellations and downsizing of in-person events due to the spread of COVID-19.」

「However, sales in the cumulative first quarter of the current consolidated fiscal year substantially exceeded the previous year, helped by large projects for government agencies and organizations that continued to be won from the previous consolidated fiscal year.」

「These initiatives produced a certain level of results, and performance remained firm, including the capture of multiple large projects from existing and new customers.」

「Regarding revenue, in addition to solid orders for large projects from existing accounts, we secured several large projects from new accounts, leading to an increase in project unit prices.」

「Capture of projects related to the 2019–2025 Golden and international event years. We will continue to pursue these opportunities actively and seek to expand business performance.」

「As a result of these initiatives, the number of orders remained firm and the number of orders for large projects exceeding ¥100 million, including large-scale event projects related to 2020, increased. However, the overall average order value declined due in part to a decrease in orders for medium-sized projects ranging from ¥50 million to ¥100 million.」

「These initiatives produced results, and we secured numerous large projects ranging from more than ¥50 million to several hundred million yen, including nationwide touch-and-try events for new devices by a major mobile phone manufacturer, integrated promotions combining online and live elements for a public-sector comprehensive leisure business, and large event projects targeting 2020.」

「With 1,000 days remaining before the event, we will secure orders for 2020 projects, which have begun to gain momentum, and seek to expand business performance.」