Failure to meet internet advertising market assumptions and changes in the competitive environment
First written in FY2016. 28 of 35 entries say "Restated". Latest entry: 2026-06-30.
Trenders moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Restated".
- 2026-06-30RestatedManagement Planning
「新型コロナウイルスの様な外的要因による経済の停滞及び顧客企業の広告宣伝費の抑制により、当該市場の成長が短期的に鈍化するリスクがあります。」
インターネット広告市場の中長期的成長を見込む一方、外的要因や顧客企業の広告宣伝費抑制による短期的な市場鈍化リスクを再確認している。 - FY2026RestatedAnnual report
「Although the internet advertising market is expected to grow over the medium to long term, in the short term there is a risk that its growth will slow because external factors such as economic stagnation caused by the spread of COVID-19 and restrained advertising and promotional spending by customer companies may affect the performance of the Group.」
While expecting medium- to long-term market growth, the Company reaffirmed the risk of a short-term slowdown caused by economic stagnation due to external factors and restrained advertising and promotional spending. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or changes in the competitive environment. - FY2025RestatedAnnual report
「Although the internet advertising market is expected to grow over the medium to long term, in the short term there is a risk that its growth will slow because external factors such as economic stagnation caused by the spread of COVID-19 and restrained advertising and promotional spending by customer companies may affect the performance of the Group.」
While expecting medium- to long-term growth in the internet advertising market, the Company reaffirmed the risk of a short-term slowdown caused by economic stagnation due to external factors and restrained advertising and promotional spending. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or changes in the competitive environment. The publicly disclosed wording contains no figures or specific facts of occurrence. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or changes in the competitive environment. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or changes in the competitive environment. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or changes in the competitive environment. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or changes in the competitive environment. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or changes in the competitive environment. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or changes in the competitive environment. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or changes in the competitive environment. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market and changes in the competitive environment. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or the competitive environment. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or the competitive environment. - FY2021-Q1MaterialisedAnnual report
「In Japan's internet advertising market, where the Group operates, advertisers have been shifting budgets from mass advertising on television, newspapers and magazines to internet advertising, and the market has achieved double-digit growth for six consecutive years. As a result, internet advertising expenditure in 2019 exceeded television media advertising expenditure for the first time, reaching ¥2,104.8 billion, according to Dentsu Inc. However, the spread of COVID-19 has significantly changed consumers' lifestyles and their needs for products and services, creating an uncertain economic outlook. Many companies, including the Company's client companies, have consequently reduced advertising budgets and reviewed their advertising methods.」
The Company stated that the impact of COVID-19 had in fact resulted in reduced advertising budgets and reviews of advertising methods at many companies, including customer companies. - FY2020WorsenedAnnual report
「Although the market is expected to grow over the medium to long term, in the short term there is a risk that its growth will slow because the spread of COVID-19 may cause economic stagnation and temporary deterioration in the performance of customer companies, which may affect the performance of the Group.」
Specific external risks were added to the risk of the market failing to grow as expected, including economic stagnation caused by the spread of COVID-19, deterioration in the performance of customer companies and a short-term slowdown in advertising market growth. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or the competitive environment. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or the competitive environment. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or the competitive environment. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or the competitive environment. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or the competitive environment. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or the competitive environment. - FY2018RestatedAnnual report
「Internet advertising expenditure in 2017 expanded steadily to ¥1.5094 trillion, representing double-digit growth of 15.2% year on year (according to Dentsu Inc.). Although the market is expected to remain firm going forward, if its size does not develop as assumed by the Company, this may affect the Company's business performance.」
The Company provided new figures for the size and growth rate of the internet advertising market while maintaining the risk of an impact on business performance if the market does not develop as expected. - FY2018-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market or the competitive environment. - FY2018-Q2RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market and the competitive environment. - FY2018-Q1RestatedAnnual report
「During the three months ended March, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market and the competitive environment. - FY2017RestatedAnnual report
「Internet advertising expenditure in 2016 expanded steadily to ¥1.31 trillion, representing double-digit growth of 13.0% year on year (according to Dentsu Inc.). Although the market is expected to remain firm going forward, if its size does not develop as assumed by the Company, this may affect the Company's business performance.」
The Company provided new figures showing the expansion of the internet advertising market while maintaining the risk of an impact on business performance if the market does not develop as expected. - FY2017-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market and the competitive environment. - FY2017-Q2RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The Company stated that there had been no material changes in the risks relating to failure to meet assumptions for the internet advertising market and the competitive environment. - FY2016First statedAnnual report
「Internet advertising expenditure in 2015 expanded steadily to ¥1.1594 trillion, representing double-digit growth of 10.2% year on year (according to Dentsu Inc.). Although the market is expected to remain firm going forward, if its size does not develop as assumed by the Company, this may affect the Company's business performance.」
The Company quantifies market size and growth rate and identifies the potential impact on business performance if the market does not develop as expected as a risk.