Deterioration in sports business revenue due to the cancellation of B.League games
First written in FY2021-Q1. 8 of 24 entries say "Worsened", first in FY2021-Q3. Latest entry: FY2027-H1.
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- FY2027-H1MitigatedAnnual report
「As a result, revenue from the sports entertainment business for the interim consolidated accounting period was ¥410.366 million, up 25.3% year on year, while operating income was ¥57.813 million, down 26.4% year on year.」
The sports entertainment business secured operating income and improved from the operating loss position that had continued in previous periods. However, the interim consolidated accounting period includes results for the period from March through June 2026. - 2026-07-10MitigatedEarnings
「In the 2025-26 season, the club recorded the highest winning percentage in its history, advanced to the B2 Playoff Final and finished runner-up. Average attendance at home games increased to 4,239, approximately double the prior year, exceeding the B.PREMIER entry criterion of 4,000.」
The sports business improved its winning percentage, playoff performance and attendance, exceeding the B.PREMIER attendance criterion. - FY2026MitigatedAnnual report
「As a result, revenue from the Sports Entertainment business for the consolidated fiscal year was ¥724.536 million, up 18.8% from the previous fiscal year, and operating profit was ¥164.016 million, compared with an operating loss of ¥66.584 million in the previous fiscal year.」
The Sports Entertainment business turned from an operating loss in the previous fiscal year to an operating profit, while the impact of deteriorating profitability narrowed. - 2026-04-13MitigatedFinancial Results Presentation
「Operating profit: ¥164 million (prior year: loss of ¥66 million)」
The sports entertainment business was profitable on an operating basis for the full year, reducing the impact of previously evident earnings deterioration. - FY2026-H1MitigatedAnnual report
「As a result, revenue from the Sports Entertainment business for the cumulative interim consolidated period was ¥327.559 million, up 22.3% year on year, and operating profit was ¥78.518 million, up 83.1% year on year.」
Revenue from the Sports Entertainment business increased 22.3% year on year and operating profit increased 83.1% year on year, improving interim-period profitability from the most recent full-year operating deficit. - FY2025Full-year operating loss narrowedAnnual report
「As a result, revenue from the Sports Entertainment business for the consolidated fiscal year was ¥610.043 million, up 10.7% year on year, and the operating loss was ¥66.584 million.」
Revenue from the Sports business increased 10.7% year on year, and the operating loss narrowed from ¥84.713 million to ¥66.584 million. However, continued investment in team operating expenses means that the business remained in the red for the full year. - FY2025-H1MitigatedAnnual report
「As a result, revenue from the Sports Entertainment business for the cumulative interim consolidated period was ¥267.817 million, up 30.7% year on year, and operating profit was ¥42.874 million, compared with an operating loss of ¥57.480 million in the same period of the previous year.」
The Sports business turned from an operating loss in the same period of the previous year to an operating profit, while the impact of previously evident deteriorating profitability narrowed during the cumulative interim consolidated period. - FY2025-Q1MitigatedAnnual report
「As a result, revenue for the three-month period was ¥170.105 million, up 43.4% year on year, and operating profit was ¥64.335 million, compared with an operating loss of ¥21.743 million in the same period of the previous year.」
Despite continued investment to strengthen the team, revenue in the sports business increased 43.4% year on year and the business moved from an operating loss to operating profit. The impact of the deterioration in earnings seen previously had diminished in the quarter. - FY2024Full-year operating loss narrowedAnnual report
「As a result, revenue for the fiscal year was ¥551.020 million, up 31.2% year on year, and operating loss was ¥84.713 million.」
Revenue in the sports business increased 31.2% year on year, while operating loss narrowed from ¥164.435 million in the previous fiscal year to ¥84.713 million. However, losses continued due to ongoing investment in team operating expenses. - FY2024-Q3Cumulative operating loss narrowed year on yearAnnual report
「Orders from sponsors for the 2023-24 season progressed steadily at ¥263.762 million, up 31.1% year on year, but costs came ahead of revenue because the Company continued investing in team operating expenses to strengthen the team. As a result, revenue for the nine-month period was ¥375.923 million, up 35.5% year on year, and operating loss was ¥85.419 million.」
Although sponsor orders and revenue increased, the operating loss narrowed from ¥133.609 million in the same period of the previous year to ¥85.419 million. However, the operating deficit continued due to ongoing investment in team operating expenses. - FY2024-Q2Cumulative operating loss narrowed year on yearAnnual report
「Orders from sponsors for the 2023-24 season progressed steadily at ¥204.452 million, up 51.0% year on year, but costs came ahead of revenue because the Company continued investing in team operating expenses to strengthen the team. As a result, revenue for the six-month period was ¥204.893 million, up 39.2% year on year, and operating loss was ¥57.480 million.」
Although sponsor orders and revenue increased, the operating loss narrowed from ¥94.440 million in the same period of the previous year to ¥57.480 million, while losses continued due to ongoing investment in team operating expenses. - FY2024-Q1Quarterly loss narrowed year on yearAnnual report
「Cumulative orders from sponsors for the 2022-23 season, which ended in May 2023, progressed steadily at ¥234.920 million, up 46.4% year on year, but costs came ahead of revenue because the Company continued investing in team operating expenses to strengthen the team. As a result, revenue for the three-month period was ¥118.590 million, up 36.1% year on year, and operating loss was ¥21.743 million.」
Although sponsor orders and revenue increased, the operating loss narrowed from ¥44.486 million in the same period of the previous year to ¥21.743 million, while losses continued due to ongoing investment in team operating expenses. - FY2023WorsenedAnnual report
「Orders from sponsors for the 2022-23 season progressed steadily at ¥232.874 million, up 49.4% year on year, but costs came ahead of revenue because the Company continued investing in team operating expenses to strengthen the team. As a result, revenue for the fiscal year was ¥420.036 million, up 47.1% year on year, and operating loss was ¥164.435 million.」
Although sponsor orders and revenue increased, the operating loss was ¥164.435 million due to continued investment in team operating expenses, and losses continued. - FY2023-Q3WorsenedAnnual report
「Orders from sponsors for the 2022-23 season progressed steadily at ¥201.254 million, up 46.5% year on year, but costs came ahead of revenue because the Company continued investing in team operating expenses to strengthen the team. As a result, revenue for the nine-month period was ¥277.436 million, up 69.1% year on year, and operating loss was ¥133.609 million.」
Although sponsor orders and revenue increased, the operating loss was ¥133.609 million due to continued investment in team operating expenses, and losses continued. - FY2023-Q2WorsenedAnnual report
「Orders from sponsors for the 2022-23 season progressed steadily at ¥135.400 million, up 39.8% year on year, but costs came ahead of revenue because the Company continued investing in team operating expenses to strengthen the team. As a result, revenue for the six-month period was ¥147.197 million, up 60.4% year on year, and operating loss was ¥94.440 million.」
Although sponsor orders and revenue increased, the operating loss widened from ¥75.255 million in the same period of the previous year to ¥94.440 million due to continued investment in team operating expenses. - FY2023-Q1WorsenedAnnual report
「Cumulative orders from sponsors for the 2021-22 season, which ended in May 2022, progressed steadily at ¥160.505 million, up 64.3% year on year, but costs came ahead of revenue because the Company continued investing in team operating expenses to strengthen the team. As a result, revenue for the three-month period was ¥87.119 million, up 67.8% year on year, and operating loss was ¥44.486 million.」
Although sponsor orders and revenue increased, the sports entertainment business posted an operating loss of ¥44.486 million due to continued investment in team operating expenses, widening the loss from ¥39.536 million in the same period of the previous year. - FY2022WorsenedAnnual report
「However, as the spread of COVID-19 led to withdrawals by existing sponsor companies and a decline in sponsorship revenue, revenue in the sports entertainment business for the current consolidated fiscal year was ¥285.637 million and its operating loss was ¥126.919 million.」
The sports business's operating loss widened from ¥90.558 million in the previous fiscal year to ¥126.919 million. Although sponsor orders increased, losses continued because of lower sponsorship revenue due to infectious disease and investment in team operating expenses. - FY2022-Q3WorsenedAnnual report
「Orders from sponsors for the 2021-22 season progressed steadily at ¥137.395 million, up 66.7% year on year, but costs came ahead of revenue because the Company continued investing in team operating expenses to strengthen the team. As a result, revenue for the nine-month period was ¥164.066 million and operating loss was ¥135.744 million.」
Although sponsor orders increased 66.7% year on year, the operating loss widened from ¥75.255 million to ¥135.744 million due to investment in team operating expenses. - FY2022-Q2Higher sponsor orders, but losses continuedAnnual report
「Orders from sponsors for the 2021-22 season progressed steadily at ¥93.97 million, up 75.8% year on year, but costs came ahead of revenue because the Company continued investing in team operating expenses to strengthen the team. As a result, revenue for the six-month period was ¥91.784 million and operating loss was ¥75.255 million.」
Although sponsor orders increased 75.8% year on year, the sports entertainment business continued to report an operating loss due to investment in team operating expenses. - FY2022-Q1RestatedAnnual report
「However, due to the spread of COVID-19, the sports entertainment business was affected by a decline in sponsorship revenue resulting from the withdrawal of existing sponsor customers and other factors. As a result, revenue for the three-month period was ¥51.931 million and operating loss was ¥39.536 million.」
The decline in revenue due to sponsor withdrawals and other factors, together with the operating deficit in the sports entertainment business, continued in the first quarter. - FY2021WorsenedAnnual report
「However, due to the spread of COVID-19, the sports entertainment business was affected by a decline in sponsorship revenue resulting from the withdrawal of existing sponsor customers and other factors. As a result, revenue for the fiscal year was ¥192.153 million and operating loss was ¥90.558 million.」
The withdrawal of sponsors and decline in sponsorship revenue continued throughout the fiscal year, resulting in revenue of ¥192.153 million and an operating loss of ¥90.558 million for the sports business. - FY2021-Q3WorsenedAnnual report
「However, due to the spread of COVID-19, the sports entertainment business was affected by the withdrawal of existing sponsor customers and a decline in sponsorship revenue. As a result, revenue for the nine-month period was ¥72.958 million and operating loss was ¥84.176 million.」
The withdrawal of sponsors and decline in sponsorship revenue continued, and the cumulative operating loss of the sports entertainment business widened to ¥84.176 million. - FY2021-Q2MaterialisedAnnual report
「However, due to the spread of COVID-19, the sports entertainment business was affected by the withdrawal of existing sponsor customers and a decline in sponsorship revenue. As a result, revenue for the six-month period was ¥25.387 million and operating loss was ¥33.173 million.」
The withdrawal of sponsors and decline in sponsorship revenue actually occurred, resulting in revenue of ¥25.387 million and an operating loss of ¥33.173 million for the sports entertainment business. - FY2021-Q1MaterialisedAnnual report
「In the sports entertainment business, the Company recognizes deterioration in the external environment, including B.League game cancellations.」
Following the launch of the sports business, B.League game cancellations and other events associated with the spread of infectious disease actually occurred, increasing uncertainty over future earnings. The Company recorded an impairment loss for the entire ¥109.058 million of goodwill related to Fukushima Sports Entertainment Co., Ltd.