Sluggish growth in the audiovisual division
First written in FY2017-Q2. 7 of 20 entries say "Restated". Latest entry: 2026-10-08.
Wakita & moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Worsened".
- FY2026-H1MitigatedAnnual report
「Sales and profit in the Sales Division both increased as the positive effect of the launch of new karaoke equipment continued and the company captured demand from new markets.」
Performance is improving, shifting from the revenue decline caused by delays in the launch of new karaoke models through the previous fiscal year to increases in revenue and profit driven by the continuing effect of new-model launches and the capture of demand in new markets. - FY2025-H1WorsenedAnnual report
「In the Trading Business, sales and profit in the Sales Division declined because the changeover to new karaoke models that captured demand in the same period of the previous year will not be launched until the next fiscal year or later.」
Because the replacement of new karaoke models was deferred to the next fiscal year or later, declines in sales-division revenue and profit have continued through the interim period, together with the reversal of demand captured in the same period of the previous year. - FY2025-Q1Temporary revenue decline due to the delay in the timing of new-model replacementsAnnual report
「Sales and profit in the Sales Division declined because the changeover to new karaoke models, which captured demand in the same period of the previous year, did not take place until the second quarter or later in the current fiscal year.」
In contrast to the previous explanation of recovery driven by the recovery and new development of the karaoke market, the first quarter identifies a delay in the timing of new-model replacements as a factor behind declines in revenue and profit. - FY2024-Q3RestatedAnnual report
「In the Trading Business, sales and profit in the Sales Division both increased as the karaoke market environment recovered and the company developed new markets.」
The report continues to explain the shift from weakness in audiovisual equipment and gaming facilities to a recovery driven by the recovery of the karaoke market and new market development. - FY2024-Q2RestatedAnnual report
「Sales and profit in the Sales Division both increased as the karaoke market recovered and the company developed new markets.」
The report continues to explain the shift from weakness in audiovisual equipment and gaming facilities to increases in revenue and profit driven by the recovery of the karaoke market and new market development. - FY2024-Q1RestatedAnnual report
「The sales division recorded increases in both revenue and profit as the karaoke business environment recovered and new markets were developed.」
The report continues to explain the shift from weakness in audiovisual equipment and gaming facilities to increases in revenue and profit driven by the recovery of the karaoke business environment and the development of new markets. - FY2023ReframedAnnual report
「Sales in the Sales Division declined because it ended new sales of amusement equipment and other products, which had generated results through the previous fiscal year, and because the accounting standard for revenue recognition was applied to the Karaoke Division. However, profit increased as the karaoke business environment recovered and the company developed new markets.」
The explanation has shifted from the previously cited weakness in audiovisual equipment and gaming facilities to a recovery in profit driven by the end of new gaming-facility sales and the recovery of the karaoke business environment and development of new markets. - FY2023-Q2RestatedAnnual report
「In the Trading Business, the Sales Division's sales declined because it ended new sales of amusement equipment and other products, which had generated results through the previous fiscal year, and because the accounting standard for revenue recognition was applied to the Karaoke Division.」
Following the previously cited decline in sales of audiovisual equipment and gaming facilities caused by the pandemic, the report again confirms the end of new gaming-facility sales and a decline in sales resulting from the application of accounting standards. - FY2023-Q1ReframedAnnual report
「In the Trading Business, the Sales Division's sales declined because it ended new sales of amusement equipment and other products, which had generated results through the previous fiscal year, and because the accounting standard for revenue recognition was applied to the Karaoke Division.」
The explanation has shifted from the previously cited decline in sales of audiovisual equipment and gaming facilities caused by the pandemic to the end of new gaming-facility sales and a decline in sales resulting from a change in the karaoke division's revenue-recognition method. - FY2022ReframedAnnual report
「In the trading business, although the business of a consolidated subsidiary engaged in the sale of audiovisual equipment and the nursing-care business grew steadily, expenses also increased due to the establishment and relocation of offices associated with that growth. In addition, orders for gaming facilities and other products declined substantially under the policy of focusing on and concentrating resources in selected businesses,」
The explanation has shifted from the previously cited decline in audiovisual equipment sales caused by the pandemic to a change in the business mix, namely the expansion of the consolidated subsidiary's business, including audiovisual equipment, and the contraction of gaming-facility orders through business selection and concentration. - FY2022-Q2WorsenedAnnual report
「In addition to karaoke venues, which are the end users, being forced to close temporarily, orders for gaming equipment and other products declined substantially under the policy of focusing on and concentrating resources in selected businesses.」
In addition to the previously reported declines in sales of audiovisual equipment and gaming facilities, the report indicates temporary closures of karaoke venues and a substantial decline in orders for gaming facilities. - FY2021RestatedAnnual report
「In the trading business, revenue from audiovisual equipment and gaming equipment and facilities declined due to the spread of COVID-19, although」
In addition to audiovisual equipment, the decline in revenue from gaming equipment and facilities continued to be reported for the full fiscal year as an impact of the pandemic. - FY2021-Q3Revenue declined in gaming equipment and facilities in addition to audiovisual equipment.Annual report
「In the trading business, revenue from audiovisual equipment and gaming equipment and facilities declined due to the spread of COVID-19, although」
In addition to the decline in audiovisual equipment revenue, the decline in revenue from gaming equipment and facilities is also explicitly identified as an impact of the spread of COVID-19. - FY2021-Q2RestatedAnnual report
「Although revenue in the audiovisual division declined due to the spread of COVID-19,」
The decline in audiovisual division revenue continues to be reported as an impact of COVID-19. - FY2021-Q1MaterialisedAnnual report
「Although revenue in the audiovisual division declined due to the spread of COVID-19,」
The previously unreported weakness in the audiovisual division has again been specifically identified as a decline in revenue attributable to the impact of COVID-19. - FY2017DroppedAnnual reportThe annual report's description of the trading business does not explicitly mention the lacklustre performance of the audiovisual division.
- FY2017-Q3RestatedAnnual report
「Offsetting sluggish growth in the Audio-Visual Division」
The continued lacklustre performance of the audiovisual division is still being reported. - FY2017-Q2First statedAnnual report
「Offsetting sluggish growth in the Audio-Visual Division」
The company explains that sluggish growth in the Audio-Visual Division occurred but was offset by increased handling of other financing deals.