Soaring Sports Event Broadcasting Rights Fees
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2026.
Nippon Television Holdings moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 2 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「While broadcasting rights fees for these sports events have risen sharply in recent years, securing advertising revenue sufficient to cover the high television broadcasting rights fees has become increasingly difficult, and profitability has tended to deteriorate.」
The risk of soaring sports event broadcasting rights fees and difficulty recovering those costs through advertising revenue continues to be identified. - FY2025RestatedAnnual report
「While broadcasting rights fees for these sports events have risen sharply in recent years, securing advertising revenue sufficient to cover the high television broadcasting rights fees has become increasingly difficult, and profitability has tended to deteriorate.」
The risk of soaring sports event broadcasting rights fees and difficulty recovering those costs through advertising revenue continues to be identified. - FY2024MaterialisedAnnual report
「Although costs were controlled mainly for regular programmes during the consolidated fiscal year, programme production costs increased by ¥1.804 billion (+2.1%) year on year to ¥89.31 billion, mainly due to the recognition of an impairment loss related to the broadcasting rights fees for the Paris 2024 Olympic Games. (Figures for 日本テレビ放送網㈱.)」
Regarding the risk of soaring broadcasting rights fees and deteriorating profitability, an impairment loss of ¥2.052 billion related to the broadcasting rights fees for the Paris 2024 Olympic Games was actually recognised. - FY2022RestatedAnnual report
「While broadcasting rights fees for these sports events have risen sharply in recent years, securing advertising revenue sufficient to cover the high television broadcasting rights fees has become increasingly difficult, and profitability has tended to deteriorate.」
The risks of soaring sports event broadcasting rights fees, difficulty recovering those costs through advertising revenue and deteriorating profitability continue to be identified. - FY2021MaterialisedAnnual report
「During the consolidated fiscal year, we also recorded an impairment loss related to the broadcasting rights fees for the Tokyo 2020 Olympic and Paralympic Games.」
The risk of soaring sports event broadcasting rights fees and deteriorating profitability materialised in the form of an impairment loss related to the broadcasting rights fees for the Tokyo 2020 Olympic and Paralympic Games. - FY2020WorsenedAnnual report
「While broadcasting rights fees for these sports events have risen sharply in recent years, securing advertising revenue sufficient to cover the high television broadcasting rights fees has become increasingly difficult, and profitability has tended to deteriorate.」
The deterioration in profitability caused by soaring broadcasting rights fees and difficulty securing advertising revenue is stated more clearly as an ongoing risk. - FY2017RestatedAnnual report
「As broadcasting rights fees for these sports events have risen sharply in recent years, securing advertising revenue sufficient to cover the high television broadcasting rights fees has become increasingly difficult, and profitability has tended to deteriorate.」
The risk of soaring sports event broadcasting rights fees and deteriorating profitability is reiterated. - FY2016First statedAnnual report
「As broadcasting rights fees for these sports events have risen sharply in recent years, securing advertising revenue sufficient to cover the high television broadcasting rights fees has become increasingly difficult, and profitability has tended to deteriorate.」
It indicates that securing advertising revenue has become more difficult relative to soaring rights fees, creating a risk of deteriorating profitability.