Customer Credit and Film Market Structural Change Risks for Imaging Equipment
First written in FY2021. 1 of 2 entries say "Worsened", first in FY2026. Latest entry: FY2026.
Ushio moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2017: 3 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Over the medium to long term, if major structural changes occur in the cinema industry as a result of the enhancement and wider adoption of streaming services for visual content and changes in consumer content-consumption behavior and styles, to the extent that the survival of cinema chains is affected, causing a significant change in demand for visual imaging equipment, particularly projectors, or if the replacement of cinema lamps with solid-state light sources progresses faster than anticipated,」
Structural changes in the cinema market and the replacement of cinema lamps with solid-state light sources were again explicitly identified as key risks for the Visual Imaging business. - FY2021First statedAnnual report
「Over the medium to long term, if major structural changes occur in the cinema industry as a result of the enhancement and wider adoption of streaming services for visual content and changes in consumer content-consumption behavior and styles, to the extent that the survival of cinema chains is affected, demand for visual imaging equipment, particularly projectors, may change significantly, materially affecting the Group's performance and financial position.」
In addition to the former risks related to regional, technological and price competition, structural changes in the cinema market resulting from the spread of streaming and changes in consumer behavior were explicitly identified as medium- to long-term risks.