Decrease in paid content sales due to reduced advertising expenses
First written in FY2018-Q1. 5 of 7 entries say "Restated". Latest entry: FY2020-Q1.
No other company in this theme has enough history to compare yet.
- FY2020-Q1RestatedAnnual report
「In the Software and Network business, the decline in existing paid-content revenue due to reduced advertising expenses and more aggressive upfront investment than before to launch new businesses resulted in net sales of ¥171 million, down 13.7% year on year, and a segment loss (operating loss) of ¥33 million, compared with a segment loss of ¥9 million in the same period of the previous year.」
The decline in sales of existing paid content due to reduced advertising spending continued and was cited as a cause of lower sales in the Software and Network segment. - FY2019-Q3RestatedAnnual report
「In the Software and Network business, the impact of lower paid-content sales due to reduced advertising expenditure continued. However, the benefits of upfront investments in new businesses and additional staff gradually began to emerge, resulting in net sales of ¥619 million, down 12.6% year on year, and segment profit (operating profit) of ¥3 million, down 93.2%, marking a return to profitability and a recovery trend in performance.」
The impact of the decline in paid content sales due to reduced advertising spending continued. Meanwhile, the segment's profit and loss turned positive as a result of returns on upfront investment. - FY2019-Q2RestatedAnnual report
「In the Software and Network business, the decline in paid-content revenue due to reduced advertising expenses and upfront investment to launch new businesses resulted in net sales of ¥404 million, down 16.3% year on year, and a segment loss (operating loss) of ¥8 million, compared with segment profit of ¥42 million in the same period of the previous year.」
The decline in paid content sales due to reduced advertising spending continued through the cumulative second quarter of the current consolidated fiscal year and was cited as a cause of lower sales in the segment. - FY2019-Q1RestatedAnnual report
「In the Software and Network business, the decline in paid-content revenue due to reduced advertising expenses and upfront investment to launch new businesses resulted in net sales of ¥198 million, down 19.0% year on year, and a segment loss (operating loss) of ¥9 million, compared with segment profit of ¥25 million in the same period of the previous year.」
The decline in paid content sales due to reduced advertising spending continued in the first quarter and was cited as a cause of lower sales in the segment. - FY2018-Q3RestatedAnnual report
「In the software and network business, paid content revenue declined due to reduced advertising expenses, but the effects of restructuring implemented in the previous consolidated fiscal year and the reversal of the temporary increase in contract development costs in the year-earlier period resulted in a substantial improvement in profit. Revenue was ¥708 million, down 22.3% year on year, while segment profit (operating profit) was ¥54 million, compared with a segment loss of ¥127 million in the year-earlier period.」
The decline in paid content sales due to reduced advertising spending continued through the cumulative third quarter. Meanwhile, segment profit improved as a result of the restructuring effects and other factors. - FY2018-Q2MaterialisedAnnual report
「In the Software and Network segment, sales fell 26.7% year on year to ¥482 million, while segment profit (operating profit) was ¥42 million, versus a segment loss of ¥28 million in the same period of the previous year. The decline in paid content sales due to reduced advertising spending and the effects of restructuring carried out in the previous consolidated fiscal year were the main factors.」
The decline in paid content sales due to reduced advertising spending continued in the first half, constituting an actual cause of lower sales in the segment. Meanwhile, the segment's profit and loss turned positive as a result of the restructuring effects. - FY2018-Q1First statedAnnual report
「In the Software and Network business, due to lower sales of paid content resulting from reduced advertising expenses and the effects of restructuring carried out in the previous consolidated fiscal year, revenue was ¥244 million, down 27.9% year on year, and segment profit (operating profit) was ¥25 million, compared with a segment loss of ¥9 million in the previous fiscal year.」
The decline in paid content sales associated with reduced advertising spending was identified for the first time as a specific performance factor and has actually occurred as a cause of lower sales in the Software and Network segment.