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ItoKuro (6049) · InitiativeDropped

Expanding Consulting Services for the Education and Financial Industries Through Media Touchpoints

First written in FY2016-Q2. 4 of 13 entries say "Softened", first in FY2017. Latest entry: FY2021.

13entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseSoftenedFY2019 – FY2021-Q12016: 120162017: 320172018: 220182019: 320192020: 120202021: 220212022: 1
Same theme, other companies
Referrals to education and financial consulting originating from media touchpointsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021DroppedAnnual report

    「The Company operates media services.」

    The business description and sales results for the fiscal year cover only the media services, with no reference to current-period consulting revenue or the policy of scaling back consulting services.
  2. FY2021-Q1SoftenedAnnual report

    「Against this economic backdrop, we have worked to enhance corporate value through media services, focusing primarily on the education industry.」

    This filing does not mention the policy of scaling back consulting services or consulting revenue described in the previous fiscal year, and instead describes enhancing corporate value through the media services alone.
  3. FY2020SoftenedAnnual report

    「The Company scaled back its consulting services to focus on its education media services and reassigned personnel to the education media services. As a result, consulting service revenue for the fiscal year was ¥50,525 thousand, down 51.4% from the previous fiscal year.」

    The policy of scaling back consulting services through a focus on the education media services and personnel reallocation continued. Revenue was ¥50,525 thousand, down 51.4% from the previous fiscal year.
  4. FY2019SoftenedAnnual report

    「The Company plans to scale back its consulting services to focus on its education media services. It did not pursue new engagements and reassigned personnel to the education media services. As a result, consulting service revenue for the fiscal year was ¥104,067 thousand, down 62.9% from the previous fiscal year.」

    The policy of scaling back consulting services to prioritize the education media services, suspending new engagements, and reallocating personnel was reconfirmed. Revenue was ¥104,067 thousand, down 62.9% from the previous fiscal year, demonstrating the impact of the scale-back.
  5. FY2019-Q3DroppedAnnual report

    「At the Company, revenue from major portal sites such as “塾ナビ” and “みんなの学校情報” in the media services remained solid.」

    This filing only reports media service revenue and contains no reference to consulting service revenue or the suspension of new engagements.
  6. FY2019-Q2Continued decline in consulting revenueAnnual report

    「Revenue by service for the cumulative second quarter was ¥2,302,135 thousand for media services and ¥93,279 thousand for consulting services.」

    Consulting service revenue was ¥93,279 thousand, down from ¥156,854 thousand in the same period of the previous year. The decline in revenue following the scaling back of consulting services that began in the previous fiscal year continued.
  7. FY2018AdvancedAnnual report

    「The Company plans to scale back its consulting services to focus on its education media services. It did not pursue new engagements and reassigned personnel to the education media services. As a result, consulting service revenue for the fiscal year was ¥280,924 thousand, down 45.2% from the previous fiscal year.」

    In line with the policy of scaling back the services announced in the previous fiscal year, the Company did not pursue new engagements and assigned personnel to the education media services. As a result, consulting service revenue was ¥280,924 thousand, down 45.2% year on year.
  8. FY2018-Q2Continued decline in consulting revenueAnnual report

    「Revenue by service for the cumulative second quarter was ¥2,090,145 thousand for media services and ¥156,854 thousand for consulting services.」

    Consulting service revenue was disclosed at ¥156,854 thousand. This filing contains no new initiatives to expand the consulting services and reports revenue following the policy of scaling back the services announced in the previous fiscal year.
  9. FY2017SoftenedAnnual report

    「The Company plans to scale back its consulting services to focus on its education media services. It did not pursue new engagements and reassigned personnel to the education media services. Revenue declined as the termination of certain contracts also had an impact.」

    The policy shifted from expanding consulting through media touchpoints to scaling back consulting in order to prioritize the education media services. Revenue declined to ¥513,041 thousand, down 21.3% year on year, due to the suspension of new engagements, personnel reassignments, and contract terminations.
  10. FY2017-Q3RestatedAnnual report

    「This is based on the recognition that, as certain consulting service revenues, namely listing-management revenue and affiliate revenue, have increased sharply, it would be difficult to present the actual business conditions appropriately without changing those revenues to a net presentation, since the consulting services are ancillary to the media services.」

    The consulting services’ relationship as an ancillary service to the media services is reconfirmed in the explanation of the accounting policy.
  11. FY2017-Q2RestatedAnnual report

    「Revenue by service for the cumulative second quarter was ¥1,713,251 thousand for media services and ¥311,334 thousand for consulting services.」

    The coexistence of the media and consulting services and revenue by service are presented. No new specific initiatives or comparative information are provided regarding the expansion of consulting services through media touchpoints.
  12. FY2017-Q1ReframedAnnual report

    「This change is based on the recognition that, as certain consulting service revenues, namely listing-management revenue and affiliate revenue, have increased sharply as the Company pursues further expansion of its media services, it would be difficult to present the actual business conditions appropriately without changing those revenues to a net presentation, under the Company’s management policy of further promoting its media services.」

    The consulting services are described as an “ancillary service” to the media services, reflecting their relationship with the media services at the center.
  13. FY2016-Q2First statedAnnual report

    「Consulting service revenue increased, driven mainly by clients in the education and financial sectors reached through the media services, and remained solid.」

    The Company’s business model of connecting clients reached through its media services with its consulting services was described.
Moved together

"Steady Performance of Media and Consulting Services" moved the same way as this thread, in the same document, in 3 of its 13 moves.

322★123
  1. ★This thread
  2. 1Steady Performance of Media and Consulting Services3×
  3. 2Litigation Relating to User Reviews and Ranking Information2×
  4. 3Uncertainty About the Outlook Due to Lower Crude Oil Prices and International Instability2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Expanding Consulting Services for the Education and Financial Industries Through Media Touchpoints | ItoKuro Inc. (6049) | Komori