Upfront Investment in the U.S. Business
First written in FY2019-Q1. 11 of 16 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In addition to accelerating overseas expansion by leveraging its US-based creative network, the company pursued initiatives to maximise the value of rights in the catalogue business using IP rights by launching joint businesses involving music-related rights and utilising rights to past anime titles.」
The use of the creative network based in the United States has accelerated as part of the company's overseas expansion, and overseas operations also improved from the previous fiscal year, reporting revenue of ¥4.040 billion and an operating loss of ¥466 million. - FY2024Revenue growth in overseas operations and the shift to an operating lossAnnual report
「Although revenue increased due to higher royalty income and other factors, revenue was ¥5.684 billion, up 9.3% year on year, while the operating loss was ¥161 million, compared with operating income of ¥477 million in the previous fiscal year, due mainly to increases in cost of sales, selling expenses, and general and administrative expenses.」
Overseas operations posted higher revenue, but higher costs caused operating income in the previous fiscal year to turn into an operating loss. - FY2024-Q3Operating loss due to higher revenue from large-scale events and a lower gross profit marginAnnual report
「Although revenue increased due to large-scale events held overseas and other factors, net sales were ¥4,044 million, up 7.8% year on year, while the company recorded an operating loss of ¥254 million, compared with operating profit of ¥552 million in the year-earlier period, due to the lower gross profit margin and other factors.」
Revenue increased due to large-scale overseas events, but the decline in the gross profit margin caused operating income in the same period of the previous year to turn into an operating loss. - FY2024-Q2Continued decline in revenue and operating profit in the overseas businessAnnual report
「Net sales were ¥2,786 million, down 2.6% year on year, and operating profit was ¥13 million, down 97.3% year on year.」
The overseas business recorded a 2.6% year-on-year decline in revenue and a 97.3% decline in operating profit, indicating a downturn from the revenue and profit growth driven by large-scale events and other factors through the previous fiscal year. - FY2024-Q1Decline in revenue and operating profit in the overseas businessAnnual report
「④ Overseas business Net sales were ¥1,781 million, down 17.5% year on year, and operating profit was ¥108 million, down 74.2% year on year.」
For the overseas business as a whole, net sales declined 17.5% year on year and operating profit declined 74.2%, indicating a downturn from the revenue and profit growth trend driven by large-scale events and other factors through the previous fiscal year. - FY2023AdvancedAnnual report
「Due to large-scale events held overseas and other factors, net sales were ¥5,199 million, up 71.6% year on year, and operating profit was ¥470 million, compared with an operating loss of ¥403 million in the previous fiscal year.」
Due to large-scale events held overseas, the overseas business increased revenue 71.6% year on year and turned from an operating loss to operating profit. - FY2023-Q3AdvancedAnnual report
「Due to large-scale events held overseas and other factors, net sales were ¥3,751 million, up 73.5% year on year, and operating profit was ¥544 million, compared with an operating loss of ¥293 million in the year-earlier period.」
Due to large-scale events held overseas, the overseas business increased revenue 73.5% year on year and turned from an operating loss to operating profit. - FY2023-Q2AdvancedAnnual report
「④ Overseas business Due to large-scale events held overseas and other factors, net sales were ¥2,859 million, up 95.2% year on year, and operating profit was ¥472 million, compared with an operating loss of ¥125 million in the year-earlier period.」
Due to large-scale events held overseas, the overseas business increased revenue 95.2% year on year and turned from an operating loss to operating profit. - FY2022-Q3AdvancedAnnual report
「Overseas business Net sales were ¥2,162 million, up 51.0% year on year, and the operating loss was ¥287 million, compared with an operating loss of ¥503 million in the year-earlier period.」
For the overseas business as a whole, net sales increased 51.0% year on year, and the operating loss narrowed from ¥503 million in the year-earlier period to ¥287 million. - FY2022-Q1AdvancedAnnual report
「④ Overseas business Net sales were ¥664 million, up 62.6% year on year, and the operating loss was ¥132 million, compared with an operating loss of ¥147 million in the year-earlier period.」
For the overseas business as a whole, net sales increased 62.6% year on year, and the operating loss narrowed from ¥147 million to ¥132 million. - FY2021AdvancedAnnual report
「Using the music studio established in the United States as its base, the company aims to create globally supported IP by having promising overseas creators produce music with a view to global hits.」
Regarding the US business, following the establishment of Avex USA Inc., the company has set out the specific development of music production by overseas creators based at the music studio established in the United States. - FY2020-Q3AdvancedAnnual report
「Net sales in the overseas business were ¥1,588 million, up 24.8% year on year, and the operating loss was ¥538 million, compared with an operating loss of ¥1,462 million in the year-earlier period.」
For the overseas business as a whole, net sales increased 24.8% year on year, and the operating loss narrowed from ¥1,462 million in the year-earlier period to ¥538 million. - FY2020-Q2AdvancedAnnual report
「Net sales in the overseas business were ¥957 million, up 22.3% year on year, and the operating loss was ¥425 million, compared with an operating loss of ¥821 million in the year-earlier period.」
For the overseas business as a whole, net sales increased 22.3% year on year, and the operating loss narrowed from ¥821 million to ¥425 million. - FY2020-Q1AdvancedAnnual report
「Net sales in the overseas business were ¥422 million, up 43.3% year on year, and the operating loss was ¥126 million, compared with an operating loss of ¥406 million in the year-earlier period.」
In the overseas business segment, net sales increased 43.3% year on year, and the operating loss narrowed from ¥406 million to ¥126 million. These are quarterly results for the overseas business as a whole, not the US business alone. - FY2019-Q3AdvancedAnnual report
「During the current third-quarter consolidated accounting period, the company established Avex USA Inc. and made it a consolidated subsidiary.」
The US business has progressed through the specific development of establishing Avex USA Inc. and making it a consolidated subsidiary. Meanwhile, the overseas business as a whole also recorded an operating loss. - FY2019-Q1First statedAnnual report
「Due to upfront investment in the US business and other factors, net sales were ¥294 million, down 12.8% year on year, and the operating loss was ¥406 million, compared with an operating loss of ¥118 million in the year-earlier period.」
The company is making upfront investments in the US business, which recorded an operating loss of ¥406 million in the current first quarter.