Profit decline in the Media Consulting business
First written in FY2017-Q1. 12 of 18 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2022-Q1.
No other company in this theme has enough history to compare yet.
- FY2022-Q1DroppedAnnual report
「The group previously reported two segments, System Development and Web Services. However, because all shares in 株式会社スカイリンク and Ｋ２Ｄ株式会社, which operated the Web Services business, were transferred during the previous consolidated fiscal year, reporting was changed to a single System Development segment from the first quarter of the current consolidated fiscal year.」
After the transfer of 株式会社スカイリンク and K2D, Web Services ceased to be a reportable segment, and the performance of the former Media and Consulting businesses was no longer reported as an ongoing business of the group. - FY2021Substantial revenue decline; narrower lossAnnual report
「In the Web Services segment, certain advertising projects ended during the first quarter following the transfer of a beauty-related company within the group. Accordingly, all shares in 株式会社スカイリンク were transferred as of 22 December 2020, and all shares in Ｋ２Ｄ株式会社 were transferred as of 29 March 2021. As a result, revenue was ¥404 million (down 85.2% year on year), and the segment recorded a loss of ¥5 million (compared with a segment loss of ¥53 million in the same period of the previous year).」
Web services recorded a substantial decline in revenue due to the transfer of subsidiaries and the ending of advertising projects, while the segment loss narrowed from ¥53 million in the previous year to ¥5 million. - FY2021-Q3Continued revenue decline and narrower lossAnnual report
「In the Web Services segment for the nine months ended in the third quarter, certain advertising projects ended mainly during the first quarter following the transfer of a beauty-related company within the group. In addition, as stated in the notice concerning the change in consolidated subsidiaries through the transfer of subsidiary shares announced on 22 December 2020, all shares in 株式会社スカイリンク were transferred as of 22 December 2020, and the company was excluded from the scope of consolidation from the third quarter. As a result, revenue was ¥404 million (down 79.9% year on year). On the earnings side, the segment recorded a loss of ¥5 million (compared with a segment loss of ¥48 million in the same period of the previous year), partly because the company continued to focus on reducing expenses.」
The Web Services segment recorded a substantial decline in revenue following the transfer of the beauty-related company and 株式会社スカイリンク, while the segment loss narrowed from ¥48 million in the same period of the previous year to ¥5 million due to cost reductions. - FY2021-Q2WorsenedAnnual report
「In the Web Services segment during the cumulative second-quarter period under review, revenue was ¥387 million, down 72.9% year on year, mainly because some advertising projects ended in the first quarter following the transfer of a beauty-related company within our Group. In terms of profit, continued efforts to reduce expenses resulted in segment profit of ¥2 million, compared with a segment loss of ¥49 million in the same period of the previous year.」
Revenue from Web services, including the former Media and Consulting businesses, declined substantially because advertising projects ended following the transfer of a beauty-related company. However, earnings improved due to cost reductions. - FY2020WorsenedAnnual report
「Because all shares in certain subsidiaries belonging to the Other Businesses segment were transferred in the previous fiscal year and orders received for certain Web advertising and Web application development projects fell short of initial expectations, revenue was ¥3,788 million (down 48.2% year on year), the segment recorded a loss of ¥43 million (compared with segment profit of ¥15 million in the same period of the previous year), and EBITDA was ¥25 million (down 76.2%).」
In addition to the transfer of shares in subsidiaries, orders received for Web advertising and Web application development projects fell short of expectations, resulting in a substantial decline in revenue in the Other Businesses segment and a shift in segment earnings from a profit to a loss. - FY2020-Q3WorsenedAnnual report
「Because all shares in certain subsidiaries belonging to the Other Businesses segment were transferred during the third quarter of the previous fiscal year and unexpected responses to customer requests occurred, revenue was ¥2,738 million (down 54.7% year on year), the segment recorded a loss of ¥83 million (compared with a segment loss of ¥2 million in the same period of the previous year), and EBITDA was negative ¥29 million (compared with ¥67 million).」
The Other Businesses segment recorded a 54.7% year-on-year decline in revenue, while its loss and EBITDA also deteriorated, due to the transfer of shares in certain subsidiaries and unexpected responses to customer requests. - FY2020-Q2WorsenedAnnual report
「The Other Businesses segment provides marketing services for external customers, intra-group Web advertising services, system development, temporary staffing and other services. Because all shares in certain subsidiaries belonging to the Other Businesses segment were transferred during the third quarter of the previous fiscal year and the concentration of earnings in the second half became more pronounced compared with the previous fiscal year, revenue was ¥1,892 million (down 58.8% year on year), EBITDA was negative ¥54 million (compared with ¥47 million in the same period of the previous year), and the segment recorded a loss of ¥93 million (compared with segment profit of ¥0 million).」
The transfer of shares in certain subsidiaries and the increased concentration of earnings in the second half caused a substantial decline in revenue in the Other Businesses segment, while EBITDA and segment earnings also deteriorated from the same period of the previous year. - FY2020-Q1WorsenedAnnual report
「The Other Businesses segment provides marketing services for external customers, intra-group Web advertising services, system development, temporary staffing and other services. Because all shares in Legal Vision were transferred during the third quarter of the previous fiscal year, revenue was ¥940 million (down 59.9% year on year), the segment recorded a loss of ¥42 million (compared with a segment loss of ¥30 million in the same period of the previous year), and EBITDA was negative ¥22 million (compared with negative ¥6 million).」
Following the transfer of the Legal Vision shares, the Other Businesses segment recorded a 59.9% year-on-year decline in revenue, while the segment loss and EBITDA also deteriorated from the same period of the previous year. - FY2019MitigatedAnnual report
「As a result, revenue was ¥6,229 million (down 24.1% year on year), the segment recorded a loss of ¥4 million (compared with a segment loss of ¥41 million in the same period of the previous year), and EBITDA was ¥71 million (up 70.1%).」
Although revenue declined because Legal Vision and other companies were excluded from the scope of consolidation, the segment loss narrowed from ¥41 million in the previous year to ¥4 million due to lower SG&A expenses, and EBITDA increased. - FY2019-Q3WorsenedAnnual report
「As a result, revenue was ¥5,254 million (down 16.8% year on year), the segment recorded a loss of ¥3 million (compared with segment profit of ¥130 million in the same period of the previous year), and EBITDA was ¥54 million (down 71.9%).」
The Media and Consulting business recorded lower revenue, partly because Legal Vision and other companies were excluded from the scope of consolidation, and segment earnings shifted from a profit in the same period of the previous year to a loss. - FY2019-Q2WorsenedAnnual report
「In the Consulting division, marketing services for external customers and intra-group Web advertising services continued to perform steadily. In the Advertising Agency division, the company worked to secure advertising projects related to debt restructuring, hepatitis B, inheritance and wills, traffic accidents and other areas in order to establish new revenue sources, while advertising projects related to claims for overpaid interest contracted and an allowance for doubtful accounts was recognized as a result. Consequently, revenue was ¥4,076 million (down 5.4% year on year), EBITDA was ¥46 million (down 75.2%), and segment profit was ¥5 million (down 96.2%).」
Although services for external customers performed steadily, revenue, EBITDA and segment profit declined substantially due to the contraction in advertising projects related to claims for overpaid interest and the recognition of an allowance for doubtful accounts. - FY2019-Q1WorsenedAnnual report
「Although marketing services and other services for external customers in the Consulting division performed steadily, revenue declined slightly and segment profit decreased due to the contraction in advertising projects related to claims for overpaid interest in the Advertising Agency division and the resulting recognition of an allowance for doubtful accounts. As a result, revenue was ¥2,099 million (down 4.7% year on year), the segment recorded a loss of ¥24 million (compared with segment profit of ¥126 million in the same period of the previous year), and EBITDA was negative ¥3 million (compared with ¥147 million in the same period of the previous year).」
Although services for external customers performed steadily, the contraction in advertising projects related to claims for overpaid interest and the recognition of an allowance for doubtful accounts caused segment earnings to shift from a profit in the same period of the previous year to a loss. - FY2018-Q3WorsenedAnnual report
「As a result, revenue was ¥6,315 million (down 33.6% year on year), while segment profit was ¥130 million (down 78.5%) and EBITDA was ¥192 million (down 71.1%), partly because the allowance for doubtful accounts was estimated more stringently in light of the continuing contraction in advertising projects related to claims for overpaid interest in the Advertising Agency division.」
The contraction in advertising projects related to claims for overpaid interest and the more stringent estimation of the allowance for doubtful accounts led to a substantial decline in revenue, segment profit and EBITDA in the Media and Consulting business. - FY2018-Q2WorsenedAnnual report
「Although the handling of intra-group advertising projects in the Web Marketing and Consulting divisions was on an upward trend, advertising projects related to claims for overpaid interest in the Advertising Agency division continued to contract, resulting in revenue of ¥4,309 million (down 33.1% year on year), segment profit of ¥146 million (down 62.5%), and EBITDA of ¥187 million (down 56.7%).」
Although projects in Web Marketing and Consulting increased, the contraction in advertising projects related to claims for overpaid interest led to a greater decline in revenue and segment profit than at the time of the previous quarterly report. - FY2018-Q1WorsenedAnnual report
「As claims advertising projects in the advertising agency division showed signs of contraction, the company reviewed its mass-media advertising placements to implement a more effective advertising strategy in the beauty business and consequently reduced some internal sales of the advertising agency division. As a result, revenue was ¥2,202,819 thousand, down 26.2% year on year, and business profit was ¥144,403 thousand, down 41.5%. After recording ¥17,529 thousand in amortization of goodwill and other items, segment profit was ¥126,873 thousand, down 44.3%.」
The contraction of claims advertising projects and the review of advertising placements caused revenue and segment profit to decline year on year, further reducing profit. - FY2017-Q3RestatedAnnual report
「As a result, revenue was ¥9,516,472 thousand, up 39.7% year on year, and business profit was ¥657,601 thousand, down 38.6%. After recording ¥52,589 thousand in amortization of goodwill and other items, segment profit was ¥605,011 thousand, down 40.7%.」
Although revenue increased, segment profit in the Media and Consulting Business continued to decline year on year. - FY2017-Q2WorsenedAnnual report
「Revenue was ¥6,446,491 thousand, up 39.7% year on year, and business profit was ¥427,575 thousand, down 46.0%. After recording ¥38,077 thousand in amortization of goodwill and other items, segment profit was ¥389,497 thousand, down 48.8%.」
Although revenue increased, the year-on-year rate of decline in segment profit widened from 46.0% to 48.8%. - FY2017-Q1First statedAnnual report
「As a result, revenue was ¥2,986,273 thousand, up 25.5% year on year, and business profit was ¥246,958 thousand. After recording ¥19,038 thousand in amortization of goodwill and other items, segment profit was ¥227,919 thousand, down 38.3% year on year.」
The disclosure states that revenue increased while segment profit declined year on year.