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Bushiroad (7803) · RiskMitigated

Declining Event Profitability Due to Operational Issues at Stardom

First written in FY2024-Q2. 7 of 8 entries say "Mitigated", first in FY2024-Q3. Latest entry: FY2026.

8entries
3years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2024-Q3 – FY20262024: 320242025: 220252026: 32026
Same theme, other companies
Declining Event Profitability Due to Operational Issues at StardomA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「The acquisition was carried out to optimize the allocation of management resources within the Group and improve the efficiency of corporate functions.」

    The company acquired all shares in Stardom held by 新日本プロレスリング on 17 April 2026, advancing the optimal allocation of management resources and the efficiency of corporate functions. In addition, the April 2026 event drew a record 8,015 people for the organization.
  2. FY2025MitigatedAnnual report

    「In Stardom, the first half was a period of rebuilding following the departure of wrestlers, but the rebuilding was completed in the fourth quarter, and profitability also improved significantly.」

    Rebuilding Stardom following the departure of wrestlers was completed in the fourth quarter, and improvements in the operating structure and profitability progressed further.
  3. FY2025-H1MitigatedAnnual report

    「㈱スターダム's operating structure is being reviewed, and the profitability of its event business is improving.」

    In response to the deficiencies in Stardom's operating structure and the decline in profitability that occurred in the previous fiscal year, it was disclosed that the operating structure was being reviewed and the profitability of the event business was improving.
  4. FY2024MitigatedAnnual report

    「To strengthen the operating structure of the sports unit, the presidents of 新日本プロレスリング Co., Ltd. and ㈱ブシロードファイト, whose corporate name changed to ㈱スターダム on 28 June 2024, changed, and all shares of consolidated subsidiary ㈱ブシロードファイト were transferred to consolidated subsidiary 新日本プロレスリング Co., Ltd. on 28 June 2024 to reduce duplicated operations within the sports unit and improve business efficiency.」

    In response to deficiencies in Stardom's operating structure, the presidents of both companies changed, duplicated operations were reduced, and the company operating Stardom became a subsidiary of 新日本プロレスリング.
  5. FY2024-Q3MitigatedAnnual report

    「New Japan Pro-Wrestling and STARDOM performed steadily under new structures headed by Hiroshi Tanahashi (New Japan Pro-Wrestling Co., Ltd.) and Taro Okada (Bushiroad Fight Co., Ltd.), who became representative directors and presidents. Their events, “BELL Presents WRESTLE KINGDOM 18 in TOKYO DOME” and “Wrestle Kingdom STARDOM Gate,” held on 4 January 2024, attracted approximately 29,000 people in total.」

    Following the previously disclosed deficiencies in Stardom's operating structure, it was stated that the organization had moved to a new structure under a new president and had operated its major New Year's event steadily, drawing approximately 29,000 people.
  6. FY2024-Q2MaterialisedAnnual report

    「In Stardom, repeated deficiencies in the operating structure reduced the profitability of the event business, which performed weakly against the business plan. The company will undertake a fundamental review of the operating structure to ensure appropriate operations aligned with the organization's rapidly expanded scale and will work to improve performance.」

    Repeated deficiencies in Stardom's operating structure resulted in an actual decline in the profitability of the event business. The company stated that it would proceed with a fundamental review of the operating structure in line with the organization's scale.
Moved together

"Music Live Shows Centered on Real Bands" moved the same way as this thread, in the same document, in 7 of its 8 moves.

776555★123456
  1. ★This thread
  2. 1Music Live Shows Centered on Real Bands7×
  3. 2Establishing a Position in Overseas Markets and Globalization7×
  4. 3Development of the PalVerse Figure Brand6×
  5. 4Weiß Schwarz as a Platform-Based Trading Card Game5×
  6. 5Share Buybacks as Shareholder Returns and Flexible Capital Management5×
  7. 6Financing to Support Sustainable Business Growth and Enhance Corporate Value5×

★ 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 Bushiroad yet. It last moved in the Earnings presentation materials of 2026-05-15: "Mitigated".
News
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Declining Event Profitability Due to Operational Issues at Stardom | Bushiroad Inc. (7803) | Komori