Risk of earnings volatility stemming from the sports industry and competitive performance
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024Competitive performance updateAnnual report
「Although the club did not earn promotion to the B1 League in the 2023-24 season, it won its division in the regular season and grew into a club with one of the strongest attendance records in the B.League.」
The company reports that Altiri Chiba missed promotion to the B1 League, while highlighting its division title in the 2023-24 regular season and its strong attendance. - FY2023-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes to previously disclosed risks, including revenue volatility risk from the sports industry and competitive performance. - FY2023-Q1RestatedAnnual report
「During the three months ended 31 May 2024, 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 consolidated fiscal year.」
The company states that there have been no material changes to previously disclosed risks related to trends in the sports industry, competitive performance, attendance, revenue and team strengthening costs. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no new business risk or material change in the business risks described in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes to previously disclosed risks, including revenue volatility risk from the sports industry and competitive performance. - FY2021First statedAnnual report
「In this business, changes in trends in the sports industry and the competitive performance of the teams we operate may affect attendance and the revenue of our group. In addition, expenditures such as team strengthening measures to improve competitive performance may affect the operating results and other aspects of our group.」
For the Sports Tech business, the company has for the first time provided specific disclosure of risks related to trends in the sports industry, team competitive performance, attendance, sponsorship, ticketing and merchandise revenue, and team strengthening costs.