Dependence on Character Popularity and Licensing Agreements
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The group handles a broad range of character products as a source of differentiation from competitors' products. ... The group's performance may fluctuate depending on the popularity of the characters.」
The company continues to disclose that using characters as a source of differentiation, changes in their popularity and the termination of licensing agreements may affect performance. - FY2018RestatedAnnual report
「The group handles a broad range of character products. In using characters in its products, the group plans to use those with long-term, stable popularity and to respond flexibly to changes in character popularity by diversifying the characters it uses. However, the group's performance may fluctuate depending on the popularity of the characters it adopts.」
The company continues to disclose the risk of performance fluctuations due to character popularity, counterfeit products, and the refusal to renew or termination of licensing agreements. - FY2017RestatedAnnual report
「The group handles a broad range of character products. The group's performance may fluctuate depending on the popularity of the characters it adopts.」
The company continues to recognize character popularity, damage to its image caused by counterfeit products, and the refusal to renew or termination of licensing agreements as factors that may cause fluctuations in performance. - FY2016First statedAnnual report
「The group handles a broad range of character products. In using characters in its products, the group plans to use those with long-term, stable popularity and to respond flexibly to changes in character popularity by diversifying the characters it uses. However, the group's performance may fluctuate depending on the popularity of the characters it adopts.」
The company identifies changes in character popularity, damage to its image caused by counterfeit products, and the refusal to renew or termination of licensing agreements as factors that may cause fluctuations in performance.