Risk of failing to meet attendance targets for films, events and live entertainment
First written in FY2020. 9 of 15 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2024-Q2.
The whole theme swung hardest in 2020: 8 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2024-Q2MitigatedAnnual report
「Film revenue increased on the strength of hit titles including the theatrical release “TOKYO MER: Mobile Emergency Room” and the film “My Happy Marriage.”」
Regarding the risk of missing attendance targets for films, events and live entertainment, the company reported higher revenue from specific hit films, representing an improvement from the substantial revenue decline through the previous year. - FY2024-Q1MitigatedAnnual report
「Events and performances generated substantially higher revenue than in the previous year, with the long-running TBS 70th Anniversary stage play “Harry Potter and the Cursed Child” making a significant contribution. Film revenue also increased on the success of titles including “TOKYO MER: Mobile Emergency Room—The Movie” and “My Happy Marriage.”」
From a situation in which missed attendance targets due to event cancellations and admission restrictions had materialized, events and performances and the film business generated substantially higher revenue driven by the long-running production and hit films. - FY2023MitigatedAnnual report
「In events and performances, in addition to the rebound from the previous year, which was heavily affected by COVID-19, revenue increased substantially year on year, driven by the July launch of the long-running stage production “Harry Potter and the Cursed Child,” commemorating the 70th anniversary of TBS’s launch, and the success of the soccer event “Paris Saint-Germain Japan Tour 2022.”」
Regarding the risk of missing attendance targets due to event cancellations and admission restrictions, performance improved to a substantial revenue increase driven by the long-running production and major sporting event. - FY2023-Q3MitigatedAnnual report
「In events and performances, in addition to the rebound from the previous year, which was heavily affected by COVID-19, revenue increased substantially year on year, driven by the July launch of the long-running stage production “Harry Potter and the Cursed Child,” commemorating the 70th anniversary of TBS’s launch, the success of the soccer event “Paris Saint-Germain Japan Tour 2022,” and tie-in events for the drama “Become a Flower.”」
From the previous year, when attendance targets were missed due to event cancellations and admission restrictions, performance improved to a substantial revenue increase driven by the long-running production, soccer events and tie-in events. - FY2023-Q2MitigatedAnnual report
「In events and performances, in addition to the rebound from the previous year, which was heavily affected by COVID-19, revenue increased substantially year on year, driven by the July launch of the long-running stage production “Harry Potter and the Cursed Child,” commemorating the 70th anniversary of TBS’s launch, and the success of the soccer event “Paris Saint-Germain Japan Tour 2022.”」
From the previous year, when attendance targets continued to be missed due to event cancellations and admission restrictions, performance improved to a substantial revenue increase driven by a long-running production and a major sporting event. - FY2023-Q1MitigatedAnnual report
「Although the Merchandising Center saw lower revenue due to the backlash from stay-at-home demand, events and performances generated higher revenue than in the previous year, which was heavily affected by the spread of COVID-19, while films and animation also generated higher revenue on the success of films including “99.9: Criminal Lawyer—THE MOVIE” and “The Quintessential Quintuplets.”」
Events and performances, which had suffered a substantial decline in revenue due to event cancellations and admission restrictions resulting from the spread of COVID-19, generated higher revenue than the previous year. Film and animation also generated higher revenue on the strength of hit titles. - FY2022MitigatedAnnual report
「In events and performances, productions including “Standing Ovation,” “Stars on Ice Japan Tour 2021” and the stage production “Touken Ranbu: Hiden Yūbeni no Samurai — The Siege of Osaka Castle” were presented. Events also generated higher revenue due to the strong performance of “Van Gogh: The Immersive Exhibition — Helen and Vincent.”」
The risk of missing attendance targets that had materialized through event cancellations and admission restrictions caused by the pandemic was offset by higher revenue from the resumption of performances and strong exhibition attendance. - FY2022-Q3MitigatedAnnual report
「Revenue increased in events and performances because productions including “Standing Ovation,” “Stars on Ice Japan Tour 2021” and the stage production “Touken Ranbu: Muden—The Warriors of the Osaka Summer Siege” were staged, and because the “Van Gogh Exhibition: The Many Sides of His Soul—Helen and Vincent” performed well.」
Revenue increased due to the resumption of performances and strong attendance at exhibitions, partially easing from the previous year the risk of missing attendance targets caused by event cancellations and admission restrictions related to the pandemic. - FY2022-Q2RestatedAnnual report
「Events and performances, including “Standing Ovation,” “Stars on Ice Japan Tour 2021” and the stage production “Touken Ranbu: Muden—The Warriors of the Osaka Summer Siege,” were staged, resulting in higher revenue.」
The company has continued to report the resumption of performances and higher revenue regarding the risk of missing attendance targets due to event cancellations, postponements and admission restrictions. - FY2022-Q1MitigatedAnnual report
「Events and performances, including “Stars on Ice Japan Tour 2021” and the stage production “Touken Ranbu: Muden—The Warriors of the Osaka Summer Siege,” were staged, resulting in higher revenue.」
Regarding the risk of missing attendance targets for films, events and live entertainment, the company reported the resumption of performances and higher revenue, representing a partial improvement from the substantial revenue decline caused by event cancellations and postponements through the previous year. - FY2021MaterialisedAnnual report
「Events and performances generated a substantial decline in revenue because admission restrictions remained in place as a COVID-19 precaution even after the state of emergency was lifted.」
The risk of missing attendance and revenue targets for films, events and live entertainment materialized as a full-year decline in revenue due to admission restrictions and failure to reach the revenue scale of the same period of the previous year. - FY2021-Q3RestatedAnnual report
「Events and performances saw a substantial revenue decline because admission restrictions were maintained as a measure against COVID-19. In the film business, “Itomichi” enjoyed a long theatrical run, but revenue declined substantially because it did not reach the revenue level of the same period in the previous year.」
The risk of missing attendance targets for films, events and live entertainment has continued to materialize due to ongoing admission restrictions and failure to reach the revenue scale achieved in the same period of the previous year. - FY2021-Q2MaterialisedAnnual report
「At events and performances, performances were canceled one after another following requests to refrain from holding events, while in the film business, the release of new films was postponed. Although releases resumed in August after the requests were relaxed, revenue declined substantially.」
The risk of missing attendance and merchandise revenue targets has continued to materialize as a substantial decline in revenue due to event cancellations and postponements. - FY2021-Q1MaterialisedAnnual report
「At events and performances, performances were canceled one after another following requests to refrain from holding events, while in the film business, the release of new films was postponed, resulting in a substantial decline in revenue.」
The risk of missing attendance and merchandise revenue targets materialized through event cancellations, film release postponements and a substantial decline in revenue. - FY2020First statedAnnual report
「The company produces or invests in these projects only after conducting thorough profit-and-loss simulations. However, if attendance or merchandise revenue falls below plan, it may be unable to recover an amount commensurate with its investment, which could affect the TBS Group’s business performance and financial position.」
The company separately identified as a business risk the risk of insufficient recovery if attendance or merchandise revenue for films, events and live entertainment falls below plan.