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INCLUSIVE Holdings (7078) · RiskRestated

Reduction in Advertising and Public Relations Budgets Due to Economic Fluctuations

First written in FY2020. 3 of 5 entries say "Materialised", first in FY2021. Latest entry: FY2024.

5entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020MaterialisedFY2021 – FY2023-Q12020: 120202021: 120212022: 220222023: 020232024: 12024
Same theme, other companies
Decline in advertising demand due to economic deterioration and uncollectible advertising feesA theme 33 companies write about · 36 as a headwind · 0 as a tailwind

INCLUSIVE Holdings moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).

The whole theme swung hardest in 2020: 7 of 17 companies on the "Worse" side.

19 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 33 companies compared. The sentences above are computed from all 33.
Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「当社グループが提供するサービスは、日本国内の広告市場や国内の消費動向に深く連動しており、係る市場環境の変動に影響を受けます。」

    広告市場及び国内消費動向の変動が業績に影響するリスクを、引き続き事業上の主要なリスクとして記載している。
  2. FY2023-Q1MaterialisedAnnual report

    「引続き一部広告主による出稿控えなども見られましたが」

    広告主による出稿控えが当第1四半期にも継続して発生していると記載している。
  3. FY2022MaterialisedAnnual report

    「そういったマクロ環境下で、当社グループが属するインターネット広告領域においては、引続き一部広告主による出稿控えなども見られましたが」

    新型コロナウイルス感染症等の影響下で、一部広告主による出稿控えが引き続き発生していると記載している。
  4. FY2021MaterialisedAnnual report

    「当期については足元での一部広告実施や新規デジタル施策の抑制、あるいは予算縮小の動きも見られ、市場成長の鈍化がみられるなど影響を受ける事態が発生しました。」

    景気・新型コロナウイルス感染症の影響による広告実施、新規デジタル施策及び予算の抑制が実際に発生し、市場成長の鈍化や業績への影響として現れている。
  5. FY2020First statedAnnual report

    「Companies’ advertising, promotional and PR budgets are readily adjusted according to business conditions and tend to be susceptible to economic trends. If business sentiment deteriorates, this could affect the Group’s results.」

    広告関連予算が景気に応じて縮小し、業績に影響する外部リスクを示している。
Moved together

"Potential Dilution from the Exercise of Stock Acquisition Rights" moved the same way as this thread, in the same document, in 3 of its 5 moves.

32★12
  1. ★This thread
  2. 1Potential Dilution from the Exercise of Stock Acquisition Rights3×
  3. 2A three-phase strategy: “creating opportunities,” “diversifying the business model,” and “creating synergies across businesses”2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for INCLUSIVE Holdings yet.
News
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Reduction in Advertising and Public Relations Budgets Due to Economic Fluctuations | INCLUSIVE Holdings Inc. (7078) | Komori