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MicroAd (9553) · RiskRestated

Risk of advertisers cutting advertising budgets due to an economic downturn

First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.

2entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2023 – FY20242023: 12024: 12024
Same theme, other companies
Decline in advertising demand due to economic deterioration and uncollectible advertising feesA theme 33 companies write about · 36 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 7 of 17 companies on the "Worse" side.

19 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 33 companies compared. The sentences above are computed from all 33.
Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「We seek to minimise these effects by doing business with companies in a wide range of industries and sectors, but if advertisers cut their advertising budgets due to an economic downturn in the future, this could affect the performance of our group.」

    Continues to pursue a policy of mitigating the impact of economic downturns and advertising budget cuts through industry diversification.
  2. FY2023First statedAnnual report

    「The advertising market tends to be susceptible to changes in economic conditions and the social environment. We seek to minimise these effects by doing business with companies in a wide range of industries and sectors, but if advertisers cut their advertising budgets due to an economic downturn in the future, this could affect the performance of our group.」

    Describes the advertising market's sensitivity to economic conditions and the potential impact on performance of advertisers cutting their budgets.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

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Risk of advertisers cutting advertising budgets due to an economic downturn | MicroAd,Inc. (9553) | Komori