Weak new contracts and the rise of low-cost smartphones in the mobile phone dealership business
First written in FY2018-Q1. 10 of 25 entries say "Worsened", first in FY2021. Latest entry: FY2025-H1.
Weds moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 3 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「The mobile phone dealership business saw a substantial revenue decline following its transfer to an external company and withdrawal from the business. Although the rental business reported higher revenue, combined revenue was ¥63 million, down ¥282 million, or 81.7%, year on year. Segment profit was ¥37 million, an improvement of ¥47 million year on year, due to the transfer and withdrawal from the unprofitable mobile phone dealership business.」
The transfer of and withdrawal from the unprofitable mobile phone dealership business to an external company progressed, reducing the risks of weak new contracts and deteriorating profitability in that business through the withdrawal. - FY2024-Q3WorsenedAnnual report
「In the mobile phone dealership business, the segment loss was ¥49 million, worsening by ¥16 million year on year due to lower service fees and higher expenses for promotional events and other items.」
Lower service fees and higher expenses for promotional events and other items widened the mobile phone dealership business's loss to ¥49 million, a ¥16 million year-on-year deterioration. - FY2024-Q2WorsenedAnnual report
「Revenue from the mobile phone dealership business was ¥305 million, down ¥1 million, or 0.4%, year on year. Revenue from the rental business was ¥40 million, unchanged from the previous year. Combined revenue was ¥345 million, down ¥1 million, or 0.4%, year on year. In the mobile phone dealership business, the segment loss was ¥36 million, worsening by ¥11 million year on year due to lower revenue and higher expenses for events and other items.」
The mobile phone dealership business reported a nearly flat decline in revenue, while lower revenue and higher expenses for events and other items widened the segment loss to ¥36 million, a ¥11 million year-on-year deterioration. - FY2023WorsenedAnnual report
「Revenue from the mobile phone dealership business was ¥658 million, down ¥295 million, or 31.0%, from the previous fiscal year, due to lower unit sales and the transition to a 4-store structure following the transfer of 1 store in the previous consolidated fiscal year. Revenue from the rental business was ¥80 million, unchanged from the previous fiscal year. Combined revenue was ¥739 million, down ¥295 million, or 28.5%, from the previous fiscal year. In the mobile phone dealership business, expenses declined, but the segment loss was ¥45 million, worsening by ¥18 million from the previous fiscal year due mainly to lower revenue.」
Unit sales continued to decline after the transition to a 4-store structure, resulting in a 31.0% decline in revenue and a ¥45 million loss in the mobile phone dealership business. - FY2023-Q3WorsenedAnnual report
「Revenue from the mobile phone dealership business was ¥478 million, down ¥254 million, or 34.7%, year on year, due to lower unit sales and the transition to a 4-store structure following the transfer of 1 store in the previous consolidated fiscal year. Revenue from the rental business was ¥60 million, unchanged from the same period a year earlier. Combined revenue was ¥539 million, down ¥254 million, or 32.0%, year on year. In the mobile phone dealership business, the segment loss was ¥33 million, worsening by ¥11 million year on year due mainly to lower revenue.」
The mobile phone dealership business reported a 34.7% decline in revenue following lower unit sales and the transition to a 4-store structure. The segment loss also widened to ¥33 million. - FY2023-Q2WorsenedAnnual report
「Revenue from the mobile phone dealership business was ¥306 million, down ¥201 million, or 39.6%, year on year, due to lower unit sales and the transition to a 4-store structure following the transfer of 1 store in the previous consolidated fiscal year. Revenue from the rental business was ¥40 million, unchanged from the same period a year earlier. Combined revenue was ¥347 million, down ¥201 million, or 36.7%, year on year. In the mobile phone dealership business, expenses declined, but the segment loss worsened by ¥13 million year on year to ¥25 million due to lower revenue.」
The mobile phone dealership business reported a 39.6% decline in revenue following lower unit sales and the transition to a 4-store structure. The segment loss also worsened to ¥25 million. - FY2023-Q1WorsenedAnnual report
「Revenue from the mobile phone dealership business was ¥151 million, down ¥122 million, or 44.8%, year on year, due to lower unit sales and the transition to a 4-store structure following the transfer of 1 store. Revenue from the rental business was ¥20 million, unchanged from the previous year. Combined revenue was ¥171 million, down ¥122 million, or 41.8%, year on year. In the mobile phone dealership business, selling and other expenses declined, but the segment loss worsened by ¥4 million year on year to ¥13 million due to lower revenue.」
The mobile phone dealership business reported a 44.8% decline in revenue as unit sales fell and the business operated 4 stores following the transfer of 1 store. The segment loss also worsened to ¥13 million. - FY2022WorsenedAnnual report
「However, amid the recent coronavirus pandemic, business performance deteriorated due to fewer store visits, increased online purchases, lower revenue per unit amid the rise of low-priced brands, and declining incentives from carriers. As a result, one store was transferred in November 2021, and impairment losses were recognized on 2 stores this time.」
The business environment deteriorated due to the pandemic, online purchases, low-priced brands, and declining incentives, resulting in the transfer of 1 store and recognition of impairment losses on 2 stores. - FY2022-Q3WorsenedAnnual report
「In the mobile phone dealership business, the segment loss was ¥21 million, worsening by ¥6 million year on year due mainly to lower incentive income and higher selling expenses.」
While strong Y!mobile sales increased revenue, lower incentive income and higher selling expenses widened the mobile phone dealership business's loss to ¥21 million. - FY2022-Q2WorsenedAnnual report
「Revenue from the mobile phone dealership business was ¥507 million, up ¥64 million, or 14.6%, year on year, supported by strong Y!mobile sales. Revenue from the rental business was ¥40 million, roughly unchanged year on year. Combined revenue was ¥548 million, up ¥64 million, or 13.3%, year on year. In the mobile phone dealership business, the segment loss worsened by ¥10 million year on year to ¥12 million, due mainly to lower incentive income and higher selling expenses.」
Strong Y!mobile sales drove 14.6% revenue growth in the mobile phone dealership business, while lower incentive income and higher selling expenses widened the segment loss to ¥12 million. Sales growth and deteriorating profitability have continued. - FY2022-Q1Higher sales, weaker profitabilityAnnual report
「Revenue from the mobile phone dealership business was ¥273 million, up ¥64 million, or 30.7%, year on year, as sales of Y!mobile products performed well. Revenue from the rental business was ¥20 million, nearly unchanged from the previous year, bringing total revenue to ¥293 million, up ¥64 million, or 27.9%. The mobile phone dealership business posted a segment loss of ¥8 million, a ¥5 million year-on-year deterioration, due to lower incentive income and higher selling expenses. The rental business posted segment profit of ¥11 million, up ¥2 million, or 27.2%, year on year, due to lower expenses and other factors, bringing combined segment profit to ¥3 million, down ¥3 million, or 52.6%, year on year.」
Strong Y!mobile sales increased revenue in the mobile phone dealership business by 30.7%, while lower incentive income and higher selling expenses worsened its segment loss to ¥8 million. - FY2021WorsenedAnnual report
「Revenue from the mobile phone dealership business was ¥1,003 million, down ¥130 million, or 11.5%, year on year, due to the impact of the spread of COVID-19 on operating activities and other factors. Revenue from the rental business was ¥80 million, down ¥6 million, or 6.9%, year on year, bringing total revenue to ¥1,084 million, down ¥136 million, or 11.2%. The mobile phone dealership business posted a segment loss of ¥6 million, a ¥21 million deterioration from the previous fiscal year.」
Due to the impact of COVID-19 on operating activities and other factors, revenue in the mobile phone dealership business declined 11.5%, deteriorating from a profit in the previous fiscal year to a ¥6 million loss. - FY2021-Q3MaterialisedAnnual report
「Revenue from the mobile phone dealership business was ¥709 million, down ¥116 million, or 14.1%, year on year, due to the impact of the spread of COVID-19 on operating activities and other factors. Revenue from the rental business was ¥60 million, down ¥4 million, or 6.8%, year on year, bringing total revenue to ¥769 million, down ¥121 million, or 13.6%. The mobile phone dealership business posted a segment loss of ¥14 million, a ¥13 million year-on-year deterioration.」
Due to the impact of the spread of COVID-19 on operating activities and other factors, revenue in the mobile phone dealership business declined 14.1%, and the segment loss deteriorated by ¥13 million year on year. - FY2021-Q2MaterialisedAnnual report
「Revenue from the mobile phone dealership business was ¥443 million, down ¥94 million, or 17.6%, year on year, due to voluntary suspension of operations and other factors related to the spread of COVID-19. Revenue from the rental business was ¥40 million, down ¥2 million, or 6.6%, year on year, bringing total revenue to ¥483 million, down ¥97 million, or 16.8%.」
Due to voluntary suspension of operations and other factors related to COVID-19, revenue in the mobile phone dealership business declined 17.6%, reflecting the impact on demand and operating activities in actual results. - FY2021-Q1MaterialisedAnnual report
「Revenue from the mobile phone dealership business was ¥209 million, down ¥40 million, or 16.2%, year on year, due to voluntary suspension of operations and other factors related to the spread of COVID-19. Revenue from the rental business was ¥20 million, down ¥1 million, or 5.8%, year on year, bringing total revenue to ¥229 million, down ¥41 million, or 15.4%.」
Revenue in the mobile phone dealership business declined 16.2% due to voluntary suspension of operations and other factors related to COVID-19. Meanwhile, the segment loss improved by ¥5 million year on year due to lower selling, general and administrative expenses and other factors. - FY2020MitigatedAnnual report
「Meanwhile, segment profit in the mobile phone dealership business was ¥15 million, up ¥12 million, or 450.4%, from the previous fiscal year due to improved profitability at new stores.」
The mobile phone dealership business, which had deteriorated due to sluggish new sales and the rise of low-cost smartphones, returned to profitability as profitability at new stores improved, with profit increasing 450.4%. - FY2020-Q3MitigatedAnnual report
「Revenue from the mobile phone dealership business was ¥825 million, up ¥32 million, or 4.1%, year on year, due to the launch of new models and other factors. Revenue from the rental business was ¥65 million, unchanged from the previous year, bringing total revenue to ¥891 million, up ¥32 million, or 3.8%. The mobile phone dealership business posted a segment loss of ¥0 million, an improvement of ¥10 million year on year.」
The mobile phone dealership business posted a 4.1% increase in revenue due to the launch of new models and other factors, and its segment loss improved by ¥10 million year on year. - FY2020-Q2MitigatedAnnual report
「Revenue from the mobile phone dealership business was ¥538 million, up ¥27 million, or 5.3%, year on year, due to the launch of new models and other factors. Revenue from the rental business was ¥43 million, unchanged from the previous year, bringing total revenue to ¥581 million, up ¥27 million, or 4.9%. The mobile phone dealership business posted a segment loss of ¥2 million, an ¥8 million year-on-year improvement.」
The mobile phone dealership business posted a 5.3% increase in revenue due to the launch of new models and other factors, and its segment loss improved by ¥8 million year on year. However, the ¥2 million loss continued. - FY2019-Q3Higher revenue from new stores, but losses from start-up costs continueAnnual report
「Revenue from the mobile phone dealership business was ¥793 million due to the Sakata Mizuho store, which opened in April last year, up ¥94 million, or 13.5%, year on year. Revenue from the rental business was ¥65 million, nearly unchanged from the previous year, bringing total revenue to ¥858 million, up ¥95 million, or 12.5%, year on year. Meanwhile, the mobile phone dealership business posted a segment loss of ¥11 million due to start-up costs for the new store, resulting in a ¥20 million year-on-year decline in profit.」
The Sakata Mizuho store increased revenue in the mobile phone dealership business by 13.5% year on year, while start-up costs for the new store resulted in a ¥11 million segment loss. - FY2019-Q2Higher revenue from new stores, but losses from start-up costs continueAnnual report
「Revenue from the mobile phone dealership business was ¥511 million due to the Sakata Mizuho store, which opened in April this year, up ¥102 million, or 25.0%, year on year. Revenue from the rental business was ¥43 million, nearly unchanged from the previous year, bringing total revenue to ¥554 million, up ¥103 million, or 22.8%, year on year. Meanwhile, the mobile phone dealership business posted a segment loss of ¥10 million due to start-up costs for the new store, resulting in an ¥11 million year-on-year decline in profit.」
The Sakata Mizuho store increased revenue in the mobile phone dealership business by 25.0% year on year, while start-up costs for the new store resulted in a ¥10 million segment loss. - FY2019-Q1Higher revenue from new stores, losses from start-up costsAnnual report
「Revenue from the mobile phone dealership business was ¥247 million, as the Sakata Mizuho store, which opened in April this year, contributed to revenue, resulting in an increase of ¥46 million, or 22.9%, year on year. Revenue from the rental business was ¥21 million, nearly unchanged from the previous year, bringing total revenue to ¥268 million, up ¥46 million, or 20.8%, year on year. Meanwhile, the mobile phone dealership business posted a segment loss of ¥10 million due to start-up costs for the new store, a ¥15 million year-on-year decline in profit.」
The opening of the Sakata Mizuho store increased revenue in the mobile phone dealership business by 22.9%, while start-up costs resulted in a segment loss. - FY2018RestatedAnnual report
「Revenue from the mobile phone dealership business was ¥1,012 million, down ¥12 million, or 1.2%, year on year, due to a decrease in new device sales and other factors, … Segment profit in the mobile phone dealership business was ¥20 million, down ¥2 million, or 12.5%, year on year, due to the decline in revenue and other factors.」
The decline in revenue and profit in the mobile phone dealership business resulting from lower new device sales and other factors was confirmed for the full fiscal year as well. - FY2018-Q3MaterialisedAnnual report
「Revenue from the mobile phone dealership business was ¥699 million, down ¥26 million, or 3.7%, year on year, due to a decrease in new device sales and other factors. Revenue from the rental business was ¥64 million, down ¥2 million, or 4.3%, year on year, bringing total revenue to ¥763 million, down ¥29 million, or 3.7%. Segment profit in the mobile phone dealership business was ¥8 million, down ¥5 million, or 40.3%, year on year, due to the decline in revenue and other factors.」
The decline in new device sales and other factors continued to be reflected in lower revenue and segment profit in the mobile phone dealership business. - FY2018-Q2MaterialisedAnnual report
「Revenue from the mobile phone dealership business was ¥408 million, down ¥15 million, or 3.7%, year on year, due to a decrease in new device sales and other factors. Revenue from the rental business was ¥42 million, down ¥2 million, or 4.8%, year on year, bringing total revenue to ¥451 million, down ¥17 million, or 3.8%. Segment profit in the mobile phone dealership business was ¥1 million, down ¥4 million, or 80.2%, year on year, due to the decline in revenue.」
The decline in new device sales was reflected in mobile phone dealership revenue of ¥408 million, down 3.7% year on year, and a ¥4 million decline in segment profit. - FY2018-Q1First statedAnnual report
「Segment profit in the mobile phone dealership business was ¥4 million, down ¥3 million year on year, due to sluggish new contract numbers and the rise of low-cost smartphones, among other factors.」
The report states that sluggish new contract numbers and the rise of low-cost smartphones were reflected in the mobile phone dealership business's segment profit of ¥4 million, a ¥3 million year-on-year decline.