Declining Radio Revenue, Strong Television Spot Advertising, and Fluctuating Event Revenue in the Broadcasting Business

「In broadcasting, other revenue, including from company-hosted events, remained strong, but revenue declined due to sluggish growth in core television spot revenue and radio revenue falling below the previous year. On the profit side, the company worked to reduce costs through operational efficiency improvements and other measures, but was unable to offset the impact of lower revenue, resulting in lower profit year on year.」

「放送事業におきましては、テレビ部門で収益の柱となるスポット収入が前年同期を下回ったほか、その他収入でイベント興行の売上が伸び悩んだことなどにより減収となりました。」

「In broadcasting, network time revenue performed well for both television and radio, and spot revenue, a key source of revenue, also finished above the previous year. Operating expenses increased due to higher personnel expenses following base-pay increases, but declined 0.6% from the year-earlier period as in-house television and radio production costs were contained. As a result, net sales for the fiscal year were ¥5.869 billion, up 0.1% from the previous fiscal year, and operating profit was ¥368 million, up 17.6%.」

「放送事業におきましては、テレビ・ラジオともにネットタイム収入が好調だったほか、収益の柱となるスポット収入も前の年を上回る着地となりました。一方、営業費用は、ベースアップを行ったことにより人件費が増加しましたが、テレビ・ラジオの自社制作費が抑えられたため、前年同期に比べて0.6%減少しました。」

「In broadcasting, television revenue exceeded the year-earlier level as network time revenue, including from sports broadcasts, performed well. Radio revenue and other revenue fell below the previous year's levels, however, resulting in lower revenue overall. On the profit side, the company worked to reduce expenses through operational streamlining and other measures, and profit increased from the year-earlier period. As a result, for the six-month period of the fiscal year under review, net sales were ¥2.879 billion, down 0.3% year on year, and operating profit was ¥106 million, up 82.5%.」

「In broadcasting, spot revenue, a key source of revenue, remained strong for both television and radio. As a result, television revenue, radio revenue and other revenue all exceeded the previous fiscal year's levels. For the six-month period of the fiscal year under review, net sales were ¥2.889 billion, or 105.6% of the year-earlier level, and operating profit was ¥58 million, or 131.5%.」

「Advertising market conditions deteriorated from the beginning of the fiscal year due to rising prices and other factors, and broadcasting revenue was weak for both radio and television. Advertiser sentiment gradually improved in the second half of the fiscal year, but broadcasting revenue still fell short of the previous fiscal year's level. Meanwhile, other revenue exceeded the previous fiscal year's level as business-oriented events increased, including the regular holding of professional baseball games as the COVID-19 situation eased, and contract work such as web advertising and video production grew.」

「In broadcasting, radio and television revenue failed to grow amid deteriorating advertising market conditions due to rising prices and other factors, and sales fell below the previous fiscal year's level. Television spot advertising from major sponsors in the Tokyo metropolitan area was particularly weak. Other revenue increased as business-oriented events grew following the easing of the COVID-19 situation. As a result, for the nine-month period of the fiscal year under review, consolidated net sales were ¥4.238 billion, or 96.1% of the year-earlier level, and operating profit was ¥145 million, or 63.4%.」

「In broadcasting, television network time revenue increased on broadcasts of sports competitions, including the World Athletics Championships and the Asian Games. However, spot revenue, a key source of revenue, declined, and both television and radio revenue fell short of the previous fiscal year's levels. Other revenue also declined as there were fewer large-scale events than in the previous fiscal year.」

「In broadcasting, television spot revenue, a key source of revenue, was weak, with a particularly significant decline in placements from national sponsors in the Tokyo metropolitan area. Television revenue, radio revenue and other revenue all fell short of the previous fiscal year's levels. Although the company worked to reduce operating expenses, it reported an operating loss.」

「In broadcasting, radio revenue fell short of the previous fiscal year's level as time advertising placements struggled, while spot advertising placements remained steady, particularly at branches outside the prefecture. Television revenue also fell short of the previous fiscal year's level. Although the impact of COVID-19 was subsiding, uncertainty over global conditions and rising prices significantly affected advertising activity among sponsors across a range of industries. In particular, spot advertising placements, a key source of revenue, remained sluggish. Meanwhile, other revenue exceeded the previous fiscal year's level as the company held 70th anniversary events, including professional baseball games and concerts, while event attendance restrictions introduced as an infectious-disease measure were gradually eased. As a result, net sales for the fiscal year were ¥5.751 billion, down 0.4% year on year, and operating profit was ¥242 million, down 13.3%.」

「In the radio segment, the company focused on acquiring new sponsors, and spot advertising remained strong. In the television segment, spot advertising declined amid growing economic uncertainty, but time advertising revenue performed well. Total broadcasting revenue was at the previous fiscal year's level. Other revenue exceeded the previous fiscal year's level as the company held 70th anniversary events, including professional baseball games and concerts, while event attendance restrictions introduced as an infectious-disease measure were gradually eased. As a result, for the nine-month period of the fiscal year under review, consolidated net sales were ¥4.409 billion, or 102.2% of the year-earlier level, and operating profit was ¥229 million, or 110.1%.」

「In broadcasting, radio revenue exceeded the previous fiscal year's level as the company focused on acquiring new sponsors despite a decline in sponsor placements. Television revenue fell short of the previous fiscal year's level due to a decline in spot advertising amid growing economic uncertainty. Other revenue exceeded the previous fiscal year's level as the company held 70th anniversary events, including sports events and concerts.」

「In broadcasting, spot advertising in the radio segment remained strong, but in the television segment, advertising placements by major industries were weak amid rising resource prices and other factors, causing spot advertising, a key source of revenue, to decline from the previous fiscal year. Other revenue exceeded the previous fiscal year's level as the company held sports events, including professional baseball games, exhibitions and concerts as part of its 70th anniversary celebrations.」

「In the radio division, spot advertising placements declined sharply, but time advertising placements, mainly sponsorship of segments in regular programs, remained firm and lifted revenue. In the television division, core spot advertising revenue showed signs of partial recovery compared with the previous period, when it had fallen sharply due to the spread of COVID-19, and exceeded the previous period's revenue. Other revenue remained below the previous period as events that attract visitors continued to be held with attendance restrictions based on the infection situation.」

「In the broadcasting business, the number of new COVID-19 cases declined in the second half of the period, and corporate advertising placements, particularly television spot advertising, began to recover. Broadcasting revenue from both radio and television exceeded the prior-year period. Other revenue also exceeded the previous period as events and performances resumed. As a result, revenue for the nine months ended the third quarter was ¥4,314 million (108.9% year on year), and operating income was ¥208 million (223.1% year on year).」

「In the broadcasting business, economic activity gradually resumed as new lifestyles adapted to the spread of COVID-19, and television spot advertising, a core revenue source, remained strong, lifting broadcasting revenue above the prior-year period. Other revenue also rose well above the previous period as events and cultural activities canceled in the previous period resumed, including 1 professional baseball game.」

「In the broadcasting business, economic activity was constrained in the previous period by the state of emergency, causing advertising revenue to decline sharply. This period, however, core spot advertising recovered, and both radio and television revenue exceeded the previous period. Other revenue remained below the prior-year period because event attendance restrictions continued amid the spread of COVID-19. As a result, revenue for the three months ended the first quarter was ¥1,336 million (116.5% year on year), and the Company recorded operating income of ¥37 million, compared with an operating loss of ¥69 million in the prior-year period.」

「In the broadcasting business, the radio division's time advertising revenue exceeded the previous period following the launch of new programs, but weak spot advertising revenue resulted in revenue of ¥660 million, down 6.0% year on year. In the television division, time advertising revenue remained firm, but spot advertising revenue, a core revenue source, declined as economic activity stagnated amid the spread of the new virus, resulting in revenue of ¥4,479 million, down 9.5% year on year. Other revenue fell sharply as various events were canceled following the declaration of a state of emergency in the first half of the period. In the second half, as the infection situation eased, the Company held events including anime-related events while implementing infection-prevention measures, resulting in revenue of ¥532 million, down 24.5% year on year.」

「In the broadcasting business, sluggish spot advertising and other factors failed to lift revenue, leaving both radio and television revenue below the prior-year period. Other revenue also fell well below the prior-year period as events were repeatedly canceled or voluntarily suspended due to the impact of COVID-19. As a result, revenue for the nine months ended the third quarter was ¥3,960 million (82.6% year on year), and operating income was ¥93 million (23.9% year on year).」

「In the broadcasting business, radio and television revenue both fell below the prior-year period as spot advertising, a core revenue source, remained severely sluggish. Other revenue also fell well below the prior-year period due to repeated event cancellations caused by the impact of COVID-19. As a result, revenue for the six months ended the second quarter was ¥2,388 million (74.3% year on year), and the Company recorded an operating loss of ¥83 million, compared with operating income of ¥234 million in the prior-year period.」

「In the broadcasting business, radio and television revenue both fell below the prior-year period as spot advertising, a core revenue source, remained severely sluggish. Other revenue also fell well below the prior-year period due to repeated event cancellations caused by the impact of COVID-19. As a result, revenue for the three months ended the first quarter was ¥1,147 million (69.6% year on year), and the Company recorded an operating loss of ¥69 million, compared with operating income of ¥135 million in the prior-year period.」

「In the broadcasting business, radio spot advertising revenue remained sluggish and time advertising revenue was also weak, resulting in an overall decline from the prior-year period. Television time advertising revenue remained firm, but spot advertising revenue, a core revenue source, declined, and television revenue fell below the prior-year period. Other revenue also fell below the prior-year period due to a decline in commercial brokerage services for other stations. Overall, the Company worked to secure earnings by controlling operating expenses.」

「In the broadcasting business, radio spot advertising, a core revenue source, grew steadily and lifted revenue. Although television's core spot advertising revenue did not reach the previous year's level, production revenue offset the shortfall, and both radio and television revenue exceeded the prior-year period. Other revenue fell below the prior-year period due to a decline in commercial brokerage services for other stations. Overall, the Company worked to secure operating income by controlling operating expenses.」

「In the broadcasting business, spot advertising, a core revenue source, grew steadily, lifting both radio and television revenue above the prior-year period. Other revenue fell below the prior-year period, but the Company worked to improve earnings by further reviewing expenses across all areas.」

「In the broadcasting business, radio spot advertising and production revenue exceeded the previous period, but time advertising revenue, including allocations from key stations, fell sharply, resulting in revenue of ¥748 million, down 0.8% year on year. In the television division, the Company scheduled special programs commemorating 60 years of television broadcasting and the Nagaoka Grand Fireworks, among others, but revenue declined 1.3% year on year to ¥5,001 million due to sluggish spot advertising market conditions. In other divisions, the Company actively pursued long-running events, including manga original-art exhibitions aimed at attracting visitors from outside the prefecture and inbound tourists, resulting in revenue of ¥959 million, up 3.4% year on year.」

「In the broadcasting business, radio spot advertising revenue remained firm, but time advertising revenue was weak, resulting in an overall decline from the prior-year period. Television revenue fell below the prior-year period as spot advertising revenue outside the prefecture declined. Other revenue exceeded the prior-year period due to the holding of various music concerts and other activities.」

「In the broadcasting business, radio revenue exceeded the prior-year period on strong spot advertising and production revenue. Television revenue fell below the prior-year period as core spot advertising revenue failed to reach the previous year's level. The Company held various events under other revenue, including a professional baseball game in April, the only game scheduled to be held in the prefecture this year, which attracted more than 25,000 visitors. Overall, the Company kept operating expenses under control, resulting in operating income exceeding the prior-year period. As a result, revenue for the six months ended the second quarter was ¥3,292 million (99.6% year on year), and operating income was ¥162 million (276.0%).」

「In the broadcasting business, radio revenue exceeded the prior-year period overall, driven by higher production revenue, while television revenue fell below the prior-year period as spot advertising failed to grow. Other revenue was well above the prior-year period due to the holding of professional baseball games and other activities.」

「In the broadcasting business, the radio division developed new programs and produced commemorative programs for the 65th anniversary. Time advertising and production revenue exceeded the previous period, resulting in revenue of ¥754 million, up 1.3% year on year. In the television division, the Company scheduled its in-house production Saturday Lunch TV Naji Latte as a regular Saturday program, among other initiatives, but revenue declined 4.8% year on year to ¥5,068 million due to weakness in the spot advertising market. In other divisions, the Company held events including the Big Trick Art Exhibition and various 65th anniversary events. It also actively pursued content business, including the sale of programs overseas, resulting in revenue of ¥927 million, up 1.5% year on year.」

「In the broadcasting business, radio spot advertising revenue was below the prior-year period, but time advertising revenue was above it. Television revenue declined as both spot and time advertising revenue fell due to lower revenue outside the prefecture. Other revenue exceeded the prior-year period due to events including the 65th anniversary celebration.」

「In the broadcasting business, radio time advertising revenue was slightly above the previous year, but spot advertising revenue was below it, resulting in an overall decline from the prior-year period. Television time and spot advertising revenue were both weak and fell below the prior-year period. Other revenue was affected by negative factors, including the cancellation of a professional baseball game scheduled for July due to bad weather, but exceeded the prior-year period as large-scale events such as the Trick Art Exhibition attracted many visitors.」

「In the broadcasting business, radio revenue fell below the prior-year period because the decline in spot advertising market conditions outweighed the increase in time advertising revenue. Television revenue also fell below the prior-year period as the spot advertising market, a core revenue source, weakened. Other revenue was generated through program sales to other companies and concerts, but fell below the prior-year period because no professional baseball game was held, among other factors.」

「In the radio division, new programming helped curb the decline in spot advertising revenue, producing some results, but not enough to halt the overall decline. Both time and spot advertising revenue fell below the previous period's results, bringing revenue to ¥745 million, down 2.7% year on year. In the television division, revenue remained firm, led by core spot advertising revenue, and covered the decline elsewhere, bringing total revenue to ¥5,325 million, up 1.8% year on year. In other divisions, the Company actively pursued large-scale events such as the Jurassic Mega Dinosaur Exhibition in Toki Messe and the sale of programs overseas, resulting in revenue of ¥914 million, up 4.9% year on year.」

「In the broadcasting business, radio revenue was slightly below the prior-year period, while television revenue exceeded it as core spot advertising revenue remained strong. Other revenue also exceeded the prior-year period, helped by strong attendance at newly launched events, including food-related events.」

「In the broadcasting business, radio revenue as a whole was slightly below the prior-year period due to declines in both time and spot advertising revenue. Television spot advertising revenue, the main source of television revenue, remained strong from the summer onward and exceeded the prior-year period. Other revenue fell below the prior-year period because, although newly launched events such as the Jurassic Mega Dinosaur Exhibition attracted many visitors, the Company held only 1 professional baseball game this period, compared with 2 in the previous period.」