Improved profitability in the video business through more efficient spending on video distribution
First written in FY2017-Q2. 13 of 28 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025Emergence of factors contributing to lower profitability due to the termination of outsourced video distribution operationsAnnual report
「Meanwhile, profitability for the consolidated fiscal year declined substantially as the group failed to secure the large projects anticipated at the beginning of the period in its businesses in Asia and the Middle East, local earnings declined, the video distribution business was affected by the termination of contract work, and additional bad debt expense was recognized for certain business partners in the music business and other operations. These factors resulted in a lower gross profit margin and higher selling, general and administrative expenses.」
For the video distribution business, the termination of contract work was identified as a factor behind the decline in profitability, in addition to the previous cost-efficiency measures and the dissolution of the joint venture. - FY2024Substantial decline in revenue and widening operating loss due to dissolution of joint ventureAnnual report
「The dissolution of the joint venture for the video distribution service resulted in lower revenue, with net sales of ¥2,935 million, down 76.2% year on year, and an operating loss of ¥285 million, compared with an operating loss of ¥117 million in the previous fiscal year.」
The dissolution of the joint venture for the video distribution service resulted in a substantial decline in revenue in the digital business, while the operating loss also widened from the previous fiscal year. - FY2024-Q3AdvancedAnnual report
「Although the dissolution of the joint venture for the video distribution service resulted in lower revenue, net sales were ¥2,489 million, down 73.7% year on year, and operating profit was ¥367 million, compared with an operating loss of ¥575 million in the same period of the previous year, mainly due to the recognition of contract revenue from the service.」
Although the dissolution of the joint venture for the video distribution service resulted in a substantial decline in revenue, the business continued to show a shift from an operating loss to operating profit due to contract revenue and other factors through the cumulative third quarter. - FY2024-Q2Lower revenue due to dissolution of joint venture, with a return to profitability from contract revenueAnnual report
「Although the dissolution of the joint venture for the video distribution service resulted in lower revenue, net sales were ¥2,084 million, down 66.9% year on year, and operating profit was ¥617 million, compared with an operating loss of ¥245 million in the same period of the previous year, mainly due to the recognition of contract revenue from the service.」
Although the dissolution of the joint venture for the video distribution service resulted in a substantial decline in revenue, the business shifted from an operating loss to operating profit of ¥617 million due to contract revenue and other factors. A profitability improvement factor other than the previous cost-efficiency measures was identified. - FY2024-Q1AdvancedAnnual report
「Although video distribution sales declined, net sales were ¥1,688 million, down 46.7% year on year, and operating profit was ¥718 million, compared with an operating loss of ¥250 million in the same period of the previous year, mainly due to lower selling, general and administrative expenses.」
Although video distribution sales fell 46.7% year on year, the business shifted from an operating loss to operating profit of ¥718 million, mainly due to lower selling, general and administrative expenses, indicating progress in improving profitability through greater cost efficiency. - FY2023AdvancedAnnual report
「Although video distribution sales declined, net sales were ¥12,379 million, down 9.5% year on year, and the operating loss narrowed to ¥546 million from ¥1,640 million in the previous fiscal year, mainly due to lower selling, general and administrative expenses.」
Although video distribution sales declined, the operating loss narrowed from ¥1,640 million to ¥546 million, mainly due to lower selling, general and administrative expenses, indicating progress in improving profitability. - FY2023-Q3Operating loss narrowed amid lower video distribution and fan club revenueAnnual report
「Net sales were ¥9,497 million, down 7.8% year on year, and the business posted an operating loss of ¥839 million, compared with an operating loss of ¥941 million in the same period of the previous year, mainly due to lower video distribution and fan club sales.」
Although video distribution and fan club sales resulted in a 7.8% decline in revenue, the operating loss narrowed from ¥941 million to ¥839 million. - FY2023-Q2Operating loss narrowed despite lower revenueAnnual report
「Net sales were ¥6,261 million, down 10.3% year on year, and the business posted an operating loss of ¥525 million, compared with an operating loss of ¥700 million in the same period of the previous year, mainly due to lower video distribution and fan club sales.」
Although lower video distribution and fan club sales resulted in lower revenue, the operating loss narrowed from ¥700 million in the same period of the previous year to ¥525 million. - FY2023-Q1AdvancedAnnual report
「Net sales were ¥6,545 million, up 21.9% year on year, and the business posted an operating loss of ¥116 million, compared with an operating loss of ¥245 million in the same period of the previous year, due to increased sales of packaged music products through e-commerce.」
The digital platform business reported a 21.9% year-on-year increase in e-commerce revenue due to higher sales of packaged music products, while its operating loss narrowed from ¥245 million to ¥116 million. - FY2022-Q3Operating loss due to higher content costs and promotional and advertising expensesAnnual report
「Although e-commerce sales increased, net sales were ¥20,923 million, up 13.1% year on year, and the business posted an operating loss of ¥125 million, compared with operating profit of ¥201 million in the same period of the previous year, due to higher content costs and promotional and advertising expenses for video distribution.」
Although the digital platform business reported higher revenue due to increased e-commerce sales, it shifted from operating profit in the same period of the previous year to an operating loss due to higher content costs and promotional and advertising expenses for video distribution. - FY2022-Q1Lower revenue and operating loss due to higher promotional and advertising expensesAnnual report
「Net sales were ¥5,368 million, down 3.1% year on year, and the business posted an operating loss of ¥245 million, compared with operating profit of ¥209 million in the same period of the previous year, due to higher promotional and advertising expenses for video distribution.」
The digital platform business reported lower revenue due to higher promotional and advertising expenses for video distribution and shifted from operating profit in the same period of the previous year to an operating loss. In contrast to the previous improvement in profitability through cost efficiency, the current quarter shows deteriorating earnings due to higher promotional expenses. - FY2021Full-year decline in revenue and operating loss due to lower e-commerce and video distribution salesAnnual report
「Net sales were ¥26,108 million, down 26.7% year on year, and the business posted an operating loss of ¥898 million, compared with operating profit of ¥2,763 million in the previous fiscal year, mainly due to lower e-commerce and video distribution sales.」
The digital platform business reported a 26.7% full-year decline in net sales and an operating loss of ¥898 million due to lower e-commerce and video distribution sales. - FY2021-Q3Lower revenue and profit continued in the digital business due to lower e-commerce salesAnnual report
「Net sales were ¥18,503 million, down 27.1% year on year, and operating profit was ¥181 million, down 91.6% year on year, mainly due to lower e-commerce sales.」
The digital platform business reported lower revenue due to lower e-commerce sales, while operating profit also fell to 91.6% below the level of the same period of the previous year. - FY2021-Q2Digital business reported lower revenue and profit due to lower e-commerce salesAnnual report
「Net sales were ¥11,860 million, down 31.0% year on year, and operating profit was ¥849 million, down 54.5% year on year, mainly due to lower e-commerce sales.」
The digital platform business reported a 31.0% year-on-year decline in net sales due to lower e-commerce sales, while operating profit also fell 54.5%. - FY2021-Q1Digital platform business reported lower revenue and profit as the number of event performances declinedAnnual report
「Net sales were ¥5,173 million, down 29.7% year on year, and operating profit was ¥531 million, down 41.9% year on year, mainly due to a decline in the number of fan club event performances.」
The digital platform business reported lower revenue due to a decline in the number of fan club event performances, and operating profit also fell 41.9% year on year. In contrast to the previous results showing improved profitability through cost efficiency, the current quarter reflects the impact of fewer events. - FY2020-Q3AdvancedAnnual report
「Although net sales fell 19.3% year on year to ¥10,887 million due mainly to a decline in video distribution service memberships, operating profit was ¥1,769 million, up 23.5% year on year, mainly due to an improved gross profit margin and lower selling, general and administrative expenses.」
Although lower revenue due to the decline in membership continued, operating profit increased 23.5% year on year due to the improved gross profit margin and lower selling, general and administrative expenses, indicating improved profitability. - FY2020-Q2AdvancedAnnual report
「Although net sales fell 19.0% year on year to ¥7,437 million due mainly to a decline in video distribution service memberships, operating profit was ¥1,167 million, up 32.4% year on year, mainly due to lower selling, general and administrative expenses.」
Although lower revenue due to the decline in membership continued, operating profit increased 32.4% year on year due to lower selling, general and administrative expenses, indicating improved profitability through greater cost efficiency. - FY2020-Q1AdvancedAnnual report
「Although net sales fell 16.8% year on year to ¥3,827 million due mainly to a decline in video distribution service memberships, operating profit was ¥700 million, up 73.6% year on year, mainly due to lower selling, general and administrative expenses.」
Although lower revenue due to the decline in membership continued, operating profit increased 73.6% year on year due to lower selling, general and administrative expenses, indicating progress in improving profitability through greater cost efficiency. - FY2019Full-year decline in revenue and profit due to a decline in membershipAnnual report
「Net sales were ¥17,533 million, down 23.0% year on year, and operating profit was ¥1,625 million, down 7.6% year on year, mainly due to a decline in the number of members of video distribution services.」
Lower revenue due to a decline in video distribution service memberships continued throughout the year, while operating profit also fell 7.6% year on year. - FY2019-Q3Lower revenue continued due to a decline in membershipAnnual report
「Net sales were ¥13,496 million, down 22.3% year on year, and operating profit was ¥1,432 million, down 1.0% year on year, mainly due to a decline in the number of members of video distribution services.」
The digital business continued to report lower net sales due to a decline in membership, and operating profit also fell 1.0% year on year. - FY2019-Q2AdvancedAnnual report
「Although the number of video distribution service members declined, net sales were ¥9,185 million, down 21.6% year on year, while operating profit was ¥881 million, up 10.1% year on year, mainly due to lower licensing costs.」
Although lower revenue due to the decline in membership continued, operating profit increased 10.1% year on year, mainly due to lower licensing costs, indicating progress in improving profitability. - FY2019-Q1Lower revenue and profit amid a decline in membershipAnnual report
「Net sales were ¥4,601 million, down 23.0% year on year, and operating profit was ¥403 million, down 35.5% year on year, mainly due to a decline in the number of members of video distribution services.」
Although the digital business secured operating profit, net sales and operating profit fell below the levels of the same period of the previous year due to a decline in video distribution service memberships. - FY2018-Q3AdvancedAnnual report
「Although net sales fell 20.6% year on year to ¥17,380 million due mainly to the termination of some video distribution services, operating profit was ¥1,446 million, compared with an operating loss of ¥1,577 million in the same period of the previous year, mainly due to lower cost of sales.」
Although the termination of some video distribution services reduced net sales, the digital business shifted from an operating loss in the same period of the previous year to operating profit, mainly due to lower cost of sales. - FY2018-Q2AdvancedAnnual report
「Although net sales fell 20.9% year on year to ¥11,709 million due mainly to the termination of some video distribution services, operating profit was ¥800 million, compared with operating profit of ¥27 million in the same period of the previous year, mainly due to lower cost of sales.」
The digital business saw lower net sales following the termination of video distribution services, while operating profit increased from ¥27 million in the same period of the previous year to ¥800 million, mainly due to lower cost of sales. - FY2018-Q1AdvancedAnnual report
「Although net sales fell 20.4% year on year to ¥5,975 million due mainly to the termination of some video distribution services, operating profit was ¥626 million, compared with an operating loss of ¥230 million in the same period of the previous year, mainly due to lower cost of sales.」
Although net sales in the digital business fell 20.4% year on year, the business shifted from an operating loss to operating profit of ¥626 million, mainly due to lower cost of sales, demonstrating improved profitability. - FY2017AdvancedAnnual report
「Net sales were ¥43,959 million, up 5.2% year on year, and operating profit was ¥2,252 million, compared with ¥85 million in the previous fiscal year, mainly due to increased sales of video software titles and related businesses.」
The video business recorded a 5.2% year-on-year increase in net sales, while operating profit rose from ¥85 million in the previous fiscal year to ¥2,252 million, showing progress in improving profitability in the full-year results. - FY2017-Q3AdvancedAnnual report
「Net sales were ¥33,382 million, up 13.4% year on year, and operating profit was ¥904 million, compared with an operating loss of ¥695 million in the same period of the previous year, mainly due to increased sales of high-margin video software titles.」
In addition to the efficient execution of video distribution costs, increased sales of high-margin video software titles were identified as factors behind the improvement in profitability. The video business shifted from an operating loss in the same period of the previous year to operating profit. - FY2017-Q2First statedAnnual report
「Operating profit was ¥2,967 million, up 110.2% year on year, mainly due to the efficient execution of video distribution costs.」
The efficient execution of video distribution costs was cited as a specific measure, while the increase in operating profit was presented as an achieved result.