Rising Bid Prices and Procurement Shortfalls for Local-Government Advertising Slots
First written in FY2016. 13 of 14 entries say "Restated". Latest entry: FY2024-Q2.
0 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the cumulative consolidated period for the third quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that no material changes have been made to the risks of higher bidding prices and insufficient procurement of municipal advertising space. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the risks of higher bidding prices and insufficient procurement of municipal advertising space. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the risks of higher bidding prices and insufficient procurement of municipal advertising space. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the risks of higher bidding prices and insufficient procurement of municipal advertising space. - FY2019RestatedAnnual report
「However, there is a risk that cost of sales will rise if the company wins bids at high prices because it misjudges the value of the media or conservatively estimates the amounts bid by other companies. There is also a risk that changes in the external environment, such as high bids by other companies and increases in municipalities' minimum winning-bid prices, will prevent the company from procuring sufficient advertising inventory.」
The company continues to disclose the risks of higher bidding prices and insufficient procurement of municipal advertising space. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the higher bidding prices and insufficient procurement of municipal advertising space. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the higher bidding prices and insufficient procurement of municipal advertising space. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the higher bidding prices and insufficient procurement of municipal advertising space. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the higher bidding prices and insufficient procurement of municipal advertising space. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the higher bidding prices and insufficient procurement of municipal advertising space. - FY2017RestatedAnnual report
「However, there is a risk that cost of sales will rise if the company wins bids at high prices because it misjudges the value of the media or conservatively estimates the amounts bid by other companies. There is also a risk that changes in the external environment, such as high bids by other companies and increases in municipalities' minimum winning-bid prices, will prevent the company from procuring sufficient advertising inventory.」
The company continues to disclose the risks of higher bidding prices and insufficient procurement. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the higher bidding prices and insufficient procurement of municipal advertising space. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes have been made to the higher bidding prices and insufficient procurement of municipal advertising space. - FY2016First statedAnnual report
「However, there is a risk that cost of sales will rise if the company wins bids at high prices because it misjudges the value of the media. There is also a risk that changes in the external environment, such as high bids by other companies and increases in municipalities' minimum winning-bid prices, will prevent the company from procuring sufficient advertising inventory.」
Because most advertising space is procured through municipal tenders, the company indicates that higher winning-bid prices and insufficient procurement may affect its operating results.