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Marvelous (7844) · RiskSoftened

Cancellation of Stage Performances and Insufficient Audience Attendance

First written in FY2016. 10 of 17 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026-H1.

17entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016MaterialisedFY2020 – FY2023-Q3SoftenedFY2024-Q3 – FY2026-H12016: 120162017: 020172018: 020182019: 020192020: 320202021: 420212022: 220222023: 420232024: 220242025: 12025
Same theme, other companies
Risk of Fluctuations in Artist Activities, Release Sales and Event AttendanceA theme 12 companies write about · 13 as a headwind · 0 as a tailwind

Marvelous moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.

The whole theme swung hardest in 2020: 8 of 9 companies on the "Worse" side.

0 other companies' latest entry also says "Softened".

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. FY2026-H1SoftenedAnnual report

    「In the live entertainment market, audience attendance recovered to pre-pandemic levels as consumer behaviors such as "tokino-shohi" and "oshi-katsu" became established.」

    Audience attendance is said to have recovered to pre-pandemic levels, improving the assessment of the environment surrounding performance cancellations and insufficient attendance.
  2. FY2025-H1SoftenedAnnual report

    「In the live entertainment market, audience attendance has been improving, but costs have continued to rise due to changes in the social environment and international conditions in recent years.」

    Audience attendance is said to be improving, and the environment surrounding performance cancellations and insufficient attendance has partially improved. On the other hand, rising costs have emerged as a new constraint.
  3. FY2024-Q3SoftenedAnnual report

    「In the live entertainment market, audience attendance has been recovering as the effects of the pandemic have receded.」

    Audience attendance is said to be recovering as the effects of the pandemic recede, improving the assessment of the environment surrounding performance cancellations and insufficient attendance.
  4. FY2024-Q2MaterialisedAnnual report

    「In the live entertainment market, audience attendance has been improving, but performance cancellations due to COVID-19, influenza and other factors continue to occur.」

    While audience attendance is improving, performance cancellations due to COVID-19, influenza and other causes continue to occur.
  5. FY2024-Q1SoftenedAnnual report

    「In the live entertainment market, audience attendance has been improving due to the easing of restrictions, including the reclassification of COVID-19 as a Class 5 infectious disease, but recovery to previous levels is taking time.」

    The easing of restrictions has led to signs of improvement in audience attendance, partially improving the environment surrounding the risks of performance cancellations and insufficient attendance. However, the company states that recovery to previous levels will take time.
  6. FY2023SoftenedAnnual report

    「In the live entertainment market, audience attendance has been improving as restrictions on activities have been eased, but recovery to pre-pandemic levels is taking time.」

    Audience attendance began to improve as restrictions on activities were eased, partially improving the environment surrounding the risks of performance cancellations and insufficient attendance. However, attendance has not yet recovered to pre-pandemic levels.
  7. FY2023-Q3MaterialisedAnnual report

    「As the number of COVID-19 cases increased during the eighth wave, performance cancellations due to infections among people involved in productions occurred again, and the market environment remained difficult.」

    Performance cancellations due to infections among people involved in productions occurred again during the eighth wave.
  8. FY2023-Q2MaterialisedAnnual report

    「In the stage production segment, the Group staged new productions in series including "The Prince of Tennis Musical," "Yowamushi Pedal," "World Trigger the Stage" and "Musical AOHARU Railway." However, some performances were cancelled after people involved in the productions contracted COVID-19.」

    Performance cancellations due to infections among people involved in productions continued to occur.
  9. FY2023-Q1MaterialisedAnnual report

    「Although the live entertainment market showed signs of recovery, audience attendance recovered slowly, and the market environment remained difficult, with frequent performance cancellations due to infections among performers and staff.」

    Performance cancellations due to infections among performers and staff occurred frequently, while audience attendance recovered slowly.
  10. FY2022-Q2MaterialisedAnnual report

    「In the stage production segment, the Group staged series productions including "The Prince of Tennis Musical," "HITMAN REBORN! the STAGE," "Moriarty the Patriot Musical" and "Mob Psycho 100". However, the segment remained in a difficult situation due to event capacity restrictions and performance cancellations resulting from the prolonged state of emergency.」

    The effects of event capacity restrictions and performance cancellations associated with infectious-disease countermeasures continued to affect stage performances and the Group's actual business performance.
  11. FY2022-Q1MaterialisedAnnual report

    「In the stage production segment, the Group staged series productions including "Musical Hakuoki Shinkai," "Ensemble Stars! Extra Stage" and "Touken Ranbu". However, the segment continued to be significantly affected by COVID-19, and performance cancellations due to the state of emergency and sluggish audience attendance resulted in substantial declines in revenue and profit.」

    Continued performance cancellations due to COVID-19 and sluggish audience attendance actually resulted in substantial declines in revenue and profit in the music and video business.
  12. FY2021MaterialisedAnnual report

    「Due to COVID-19, the Group cancelled multiple performances scheduled for the first quarter.」

    Multiple stage performances continued to be cancelled due to the impact of the infectious disease, and the Group recorded ¥42 million in losses from cancelled performances and other losses.
  13. FY2021-Q3MaterialisedAnnual report

    「Losses from cancelled performances and other losses ¥42 million」

    The Group recorded ¥42 million in losses from cancelled performances and other losses due to the cancellation of stage performances and other events as a result of COVID-19.
  14. FY2021-Q2MaterialisedAnnual report

    「Losses from cancelled performances and other losses ¥14 million」

    The Group recorded ¥14 million in losses from cancelled performances and other losses due to the cancellation of stage performances and other events as a result of COVID-19.
  15. FY2021-Q1MaterialisedAnnual report

    「In the stage production segment, the Group cancelled the performances scheduled for the quarter of "Musical Hakuoki Shinkai: Kazama Chikage Arc," "The Prince of Tennis Musical Concert Dream Live 2020," "The MUSICAL of Ace of Diamond" and "Touken Ranbu: Kiden—Ikusayonohanakatachi" due to the impact of COVID-19.」

    In addition to the risk of performance cancellations due to circumstances involving performers, performance cancellations due to COVID-19 actually occurred.
  16. FY2020WorsenedAnnual report

    「There is a risk that performers may change or performances may be cancelled for health reasons, due to unforeseen accidents, misconduct or other causes. The Group is working to expand the business by staging new productions, performing in new regions and increasing the number of performances, but there is also a risk that it may be unable to attract sufficient audiences due to the content of the performances, the appeal and recognition of the performers, changes in customer preferences and other factors.」

    Expands the scope of the risks from performers' health and accidents to include misconduct, expanded performances, new regions, increased performance frequency and insufficient audience attendance.
  17. FY2016First statedAnnual report

    「There is a risk that performers may change or performances may be cancelled for health reasons, due to unforeseen accidents or other causes.」

    Also identifies insufficient audience attendance associated with expanded performances and the launch of new productions as a risk.
Moved together

"Contraction of Japan’s Console Game Market" moved the same way as this thread, in the same document, in 14 of its 17 moves.

141211987★123456
  1. ★This thread
  2. 1Contraction of Japan’s Console Game Market14×
  3. 2Sluggish game software sales and dependence on hit titles12×
  4. 3Impact on Business from the Spread of Infectious Diseases, Including COVID-1911×
  5. 4Slowing Growth in the Prize Game Market9×
  6. 5Slowing growth and regulatory restrictions in the online gaming market8×
  7. 6Strength of the Live Entertainment Market and Growth in Stage Productions7×

★ 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
Marvelous's next results are scheduled for 2026-10-30. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Cancellation of Stage Performances and Insufficient Audience Attendance | Marvelous Inc. (7844) | Komori