Slowing Growth in Internet Use, Advertising and Paid Membership Markets
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 7 of 21 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Japan's internet-related markets may be affected by the overall scale of internet usage, economic trends, the number of paid members and the use of paid services.」
The uncertainty surrounding the scale of internet usage, the economy, and growth in paid members and paid services has been reiterated. - FY2020-Q2RestatedAnnual report
「However, the continued expansion of internet-related markets remains subject to uncertainty, including the possibility that growth in the number of users and time spent online may slow in the future, that regulations restricting internet use or new burdens on users may increase, and that new protocols and technical standards designed to accommodate increases in the number of users and more sophisticated usage may not be developed and implemented appropriately.」
The risks relating to slower growth in the internet usage, advertising and paid membership markets, as well as uncertainty over responses to regulations and technical standards, have been reiterated in connection with the Yahoo! business. - FY2020-Q1First statedAnnual report
「Internet adoption in Japan began to accelerate in earnest around 1995, and the number of users and time spent online have continued to increase with the development of broadband and advances in smart devices. However, the continued expansion of internet-related markets remains subject to uncertainty, including the possibility that growth in the number of users and time spent online may slow in the future, that regulations restricting internet use or new burdens on users may increase, and that new protocols and technical standards designed to accommodate increases in the number of users and more sophisticated usage may not be developed and implemented appropriately. According to an announcement by ㈱電通, internet advertising expenditure in 2018 accounted for 26.9% of the total advertising market.」
The consolidation of the Yahoo! business led to the identification of possible slowdowns in growth in the number of internet users, time spent online, paid members and the advertising market as new risks. The disclosure also cites data showing that internet advertising expenditure accounted for 26.9% of the total advertising market.