Restrictions on obtaining direct-mail data due to personal information regulations and higher advertising expenses
First written in FY2016. 23 of 26 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025WorsenedAnnual report
「Due to the regulations under the Act on the Protection of Personal Information and amendments to that Act enacted in April 2022, obtaining new personal information, such as addresses and names, for the direct-mail distribution currently used for sales promotion has become difficult. Accordingly, the group is discontinuing direct-mail distribution, shifting to digital marketing initiatives, and working to transition to an organizational structure that improves the efficiency of advertising and promotion.」
Restrictions on obtaining new personal information for direct-mail use have become an operating premise, and the company has progressed to the stage of discontinuing direct-mail distribution and shifting to digital marketing. The possibility that higher advertising and promotion expenses will affect performance continues to be stated. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the major business and other risks, including restrictions on obtaining personal information and higher acquisition costs for direct-mail data, have no material changes. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the major business and other risks, including restrictions on obtaining personal information and higher acquisition costs for direct-mail data, have no material changes. - FY2023RestatedAnnual report
「Accordingly, in addition to direct-mail distribution, the group is shifting toward an organizational structure that strengthens digital marketing initiatives and improves the efficiency of advertising and promotion. However, the method of advertising and promotion may increase these expenses and affect the company's performance.」
The company continues to cite the risk of declining access to direct-mail data and higher acquisition costs due to personal information regulations, and indicates a shift toward an organizational structure that strengthens digital marketing and improves advertising efficiency as a response. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the major business and other risks, including restrictions on obtaining personal information and higher acquisition costs for direct-mail data, have no material changes. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the major business and other risks, including restrictions on obtaining personal information and higher acquisition costs for direct-mail data, have no material changes. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company explains that the major business and other risks, including restrictions on obtaining personal information and higher acquisition costs for direct-mail data, have no material changes. - FY2022WorsenedAnnual report
「Due to the regulations under the Act on the Protection of Personal Information and amendments to that Act enacted in April 2022, the number of personal information records, such as addresses and names, obtainable through existing methods for direct-mail distribution is expected to decline year after year, while the cost of obtaining personal information itself is expected to increase.」
The company specifies the April 2022 amendments to the Act on the Protection of Personal Information and continues to elaborate on the regulatory risks of declining access to direct-mail data and higher acquisition costs. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the existing major risks, including restrictions on obtaining personal information and higher acquisition costs for direct-mail data, have no material changes. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, have no material changes. - FY2020RestatedAnnual report
「Following the enactment of the Basic Act on the Protection of Personal Information, the number of personal information records, such as addresses and names, obtainable through existing methods for direct-mail distribution is expected to decline year after year, while the cost of obtaining personal information itself is expected to increase.」
The company continues to cite the decline in the number of personal information records obtainable for direct mail, higher acquisition costs, and the impact of tighter regulations on its sales strategy. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, have no material changes. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, have no material changes. - FY2020-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company explains that the existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, have no material changes. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, have no material changes. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that the existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, have no material changes. - FY2019-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The company explains that the existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, have no material changes. - FY2018RestatedAnnual report
「Following the enactment of the Basic Act on the Protection of Personal Information, the number of personal information records, such as addresses and names, obtainable through existing methods for direct-mail distribution is expected to decline year after year, while the cost of obtaining personal information itself is expected to increase.」
The company continues to treat the decline in the number of personal information records obtainable for direct mail, higher acquisition costs, and the impact of tighter regulations on its sales strategy as risks. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, are stated to have no material changes. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, are stated to have no material changes. - FY2018-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, are stated to have no material changes. - FY2017RestatedAnnual report
「Following the enactment of the Basic Act on the Protection of Personal Information, the number of personal information records, such as addresses and names, obtainable through existing methods for direct-mail distribution is expected to decline year after year, while the cost of obtaining personal information itself is expected to increase.」
The company continues to treat the decline in the number of personal information records obtainable for direct mail, higher acquisition costs, and the impact of tighter regulations on its sales strategy as risks. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, are stated to have no material changes. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, are stated to have no material changes. - FY2017-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The existing business and other risks, including restrictions on obtaining personal information and higher advertising expenses, are stated to have no material changes. - FY2016First statedAnnual report
「Following the enactment of the Basic Act on the Protection of Personal Information, the number of personal information records, such as addresses and names, obtainable through existing methods for direct-mail distribution is expected to decline year after year, while the cost of obtaining personal information itself is expected to increase.」
The company cites as risks the decline in the number of personal information records obtainable for direct-mail promotions, higher acquisition costs, and the impact of tighter regulations on its sales strategy.