Decline in overseas sales due to budget cuts by certain major advertisers
First written in FY2023-Q3. 2 of 5 entries say "Restated". Latest entry: 2026-05-15.
MicroAd moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
0 other companies' latest entry also says "Worsened".
- 2026-05-15WorsenedEarnings presentation materials
「Year-on-year results were negative due to reduced budgets at certain major customers.」
The company specifically attributes the decline in sales below the prior-year level, by customer profile, to reduced budgets at major customers. - FY2024-Q2RestatedAnnual report
「Compared with the same quarter of the previous year, revenue has declined due to budget reductions by certain major advertisers and agencies, but gross profit has increased as a result of providing higher-margin products.」
While the decline in revenue due to budget reductions by certain major advertisers and agencies continues to be disclosed, gross profit increased through the provision of higher-margin products. - FY2024-Q1WorsenedAnnual report
「Compared with the same quarter of the previous year, revenue and gross profit have declined due to budget reductions by certain major advertisers and agencies.」
Agencies, in addition to the major advertisers previously cited, are identified as factors, and the year-on-year decline in revenue and gross profit is disclosed. - FY2023RestatedAnnual report
「In Taiwan, performance was slightly below the previous fiscal year due to the impact of lower transaction volumes with major customers.」
For the Taiwan business, lower transaction volumes with major customers continue to be cited as a factor behind weaker performance. - FY2023-Q3First statedAnnual report
「Revenue has declined year on year due to the sale of overseas locations and budget cuts by certain major advertisers, among other factors, but」
Budget cuts by certain major advertisers are identified for the first time as a factor behind the year-on-year decline in overseas consulting services.