Komori
Avix (7836) · RiskMitigated

Regulatory and Investment-Restraint Risks in the Pachinko Hall Industry

First written in FY2016. 15 of 21 entries say "Restated". Latest entry: FY2026.

21entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q3RestatedFY2019-Q1 – FY2019RestatedFY2021-Q3 – FY2022-Q3RestatedFY2023-Q1 – FY2026-H12016: 220162017: 020172018: 420182019: 220192020: 220202021: 420212022: 420222023: 020232024: 120242025: 120252026: 12026
Same theme, other companies
Pachinko hall regulations, self-regulation and capital investment trendsA theme 6 companies write about · 7 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「The shift away from the pachinko hall industry, formerly our core industry, is progressing smoothly, with the core industries gradually shifting toward sports markets and large-scale commercial facilities.」

    The shift in core industries and diversification of the customer portfolio are continuing, indicating a direction of reduced dependence on the pachinko hall industry.
  2. FY2026-H1RestatedAnnual report

    「The filing states that, during the interim consolidated accounting period, there were no material changes in the major risks that management recognizes could materially affect the consolidated companies' financial position, operating results or cash flows, or in the matters described under Business Risks in the securities report for the previous fiscal year.」

    The report states that there were no material changes to the major risks, including regulatory and investment-restraint risks in the pachinko hall industry.
  3. FY2025-H1RestatedAnnual report

    「The filing states that, during the interim consolidated accounting period, there were no material changes in the major risks that management recognizes could materially affect the consolidated companies' financial position, operating results or cash flows, or in the matters described under Business Risks in the securities report for the previous fiscal year.」

    The report states that there were no material changes to the major risks, including regulatory and investment-restraint risks in the pachinko hall industry.
  4. 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 explanation that there were no material changes in major risks or in the business and other risks described for the previous fiscal year has been reaffirmed.
  5. 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 standard explanation that there were no material changes in major risks or in the business and other risks described for the previous fiscal year has been reaffirmed.
  6. FY2022MitigatedAnnual report

    「The shift away from the pachinko hall industry, formerly our core industry, is progressing smoothly, with the core industries gradually shifting toward sports markets and large-scale commercial facilities.」

    The explanation indicates that the shift in core industries from the pachinko hall industry to sports markets and large-scale commercial facilities is progressing smoothly, showing progress in efforts to reduce dependence on a specific industry. However, the risks themselves are not stated to have disappeared.
  7. FY2022-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 explanation that there were no material changes in major risks or in the business and other risks described for the previous fiscal year has continued.
  8. 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 explanation that there were no material changes in major risks or in the business and other risks described for the previous fiscal year has continued.
  9. FY2022-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 explanation that there were no material changes to the business and other risks described for the previous fiscal year has continued.
  10. FY2021RestatedAnnual report

    「The pachinko hall industry, formerly our core industry, has seen declines in investment projects and in the number of halls due to the impact of regulations and other factors, and is expected to remain in a difficult situation.」

    The assessment that investment projects and the number of halls have declined due to regulations and other factors, and that difficult conditions will continue, remains unchanged.
  11. 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 explanation that there were no material changes to the business and other risks described in the previous fiscal year's annual securities report has been reaffirmed.
  12. FY2020WorsenedAnnual report

    「The pachinko hall industry, formerly our core industry, has seen declines in investment projects and in the number of halls due to the impact of regulations and other factors, and is expected to remain in a difficult situation.」

    In addition to the impact of regulations, declines in investment projects and the number of halls were noted, with the assessment that the industry's difficult conditions will continue.
  13. FY2020-Q3WorsenedAnnual report

    「However, the pachinko hall industry, which had been one of our major customer bases, remains in a difficult situation as a result of declining users and tighter industry regulations, and investment appetite has declined sharply.」

    The explanation states that, in addition to declining users and tighter regulations, investment appetite in the pachinko hall industry has declined sharply, underscoring the impact of the existing risks.
  14. FY2019RestatedAnnual report

    「Investment restraint has continued in the pachinko hall industry, our traditional market for information equipment, but the development of new markets has proceeded smoothly, supported by lower product prices and demand related to the Olympics. Overall performance remained subdued but stable.」

    The assessment presented is that continued investment restraint in the pachinko hall industry is continuing to affect the information equipment business.
  15. FY2019-Q3RestatedAnnual report

    「Although video content has been affected by restrained investment in the pachinko hall industry, the company is expanding sales into new fields, mainly through the easy video production software TemPo and iTemPo and the easy poster production software POP MAKER, and expects stable earnings going forward.」

    The explanation that investment restraint in the pachinko hall industry is affecting video content has continued, reaffirming the impact of the existing risk.
  16. FY2019-Q2RestatedAnnual report

    「Although video content has been affected by restrained investment in the pachinko hall industry, the company is expanding sales into new fields, mainly through the easy video production software TemPo and iTemPo and the easy poster production software POP MAKER, and expects stable earnings going forward.」

    The explanation that investment restraint in the pachinko hall industry is affecting video content has continued, reaffirming the impact of the existing risk.
  17. FY2019-Q1RestatedAnnual report

    「Although video content has been affected by investment restraint in the pachinko hall industry, we are expanding sales in new fields, focusing on the easy-to-use video production software “TemPo” and “iTemPo” and the easy-to-use poster production software “POP MAKER,” and expect stable earnings going forward.」

    The explanation that investment restraint in the pachinko hall industry is affecting video content has continued, reaffirming the actual impact of this risk.
  18. FY2018MaterialisedAnnual report

    「The information equipment business was affected as the pachinko hall industry, its traditional market, restrained investment across the industry following the implementation of revisions to gaming regulations and other measures.」

    The report states that investment restraint in the pachinko hall industry following revisions to gaming regulations and other measures actually affected the performance of the information equipment business.
  19. 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 report states that there were no material changes to the business and other risks, indicating that the existing risk assessment has been maintained.
  20. FY2017-Q1RestatedAnnual report

    「The operations business reported lower revenue because the number of video distribution contracts declined from the same period of the previous year.」

    Although the decline in video distribution contracts has continued, the quarterly report states that there were no material changes to the business and other risks described for the previous fiscal year.
  21. FY2016First statedAnnual report

    「As various regulations in the pachinko hall industry became more stringent, video content became subject to restrictions, and the total number of video distribution contracts declined.」

    The effects of tighter regulations have already appeared in the decline in content contracts and orders for information equipment, indicating that dependence on the industry is a business risk.
Moved together

"Going-Concern Risk Due to Operating Losses and Negative Operating Cash Flow" moved the same way as this thread, in the same document, in 3 of its 21 moves.

332222★123456
  1. ★This thread
  2. 1Going-Concern Risk Due to Operating Losses and Negative Operating Cash Flow3×
  3. 2Dependence on contract manufacturers3×
  4. 3Expansion Beyond the Pachinko Hall Market2×
  5. 4Synergies among the equipment, operations and information equipment businesses2×
  6. 5Product development centered on communications networks and collaboration with external companies2×
  7. 6Developing the Value creating business into a future core business2×

★ 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
Avix's next results are scheduled for 2026-11-13. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.