Shortfall in sales of confectionery products for amusement facilities
First written in FY2020-Q3. 1 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 3 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「Sales of standard character products such as “Tabekko Doubutsu,” “Kirby of the Stars” and “Pokémon,” as well as “bath balls” (bath additives containing figurines), progressed steadily.」
The report states that sales of products such as “Tabekko Doubutsu” progressed steadily for the full year, in contrast to the previously observed weak sales of confectionery products to amusement facilities. - FY2020RestatedAnnual report
「In the Character Entertainment business, evergreen characters such as Kirby, Doraemon, Shakurel Planet, and Chuken Mochishiba remained solid. However, sales were affected by difficulties in selling made-to-order confectionery products, resulting in sales of ¥4,478 million, down 7.8% year on year, and operating profit of ¥551 million, down 20.5%.」
Weak confectionery product sales were cited as a factor behind lower revenue and profit in the Character Entertainment business for the full year as well. - FY2020-Q3First statedAnnual report
「As sales of confectionery products to amusement facilities fell below expectations, net sales were ¥3,308 million, down 6.5% year on year, and operating income was ¥414 million, down 26.0%.」
Sales of confectionery products to amusement facilities fell below expectations and actually emerged as a factor behind lower revenue and profit in the Character Entertainment business.