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Cerespo (9625) · FactFull-year revenue decline due to a narrower scope of large projectsLatest Results (2026-11-12): "Advanced"

Expansion of orders in the ceremony segment through large and competitive projects

First written in FY2017-Q3. 15 of 31 entries say "Advanced", first in FY2017. Latest entry: 2026-11-12.

31entries
10years
2from disclosures
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ProgressHeldSoftenedWorseAdvancedFY2022-Q1 – FY2024-Q12017: 320172018: 420182019: 420192020: 320202021: 420212022: 320222023: 320232024: 320242025: 120252026: 32026
Same theme, other companies
Expansion of contracts to operate large-scale sports and MICE projectsA theme 2 companies write about · 0 as a headwind · 3 as a tailwind

1 other company's latest entry also says "Advanced".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026Full-year revenue decline due to a narrower scope of large projectsAnnual report

    「〔Royal Event Business Division〕Revenue was ¥3,025 million, a 8.0% year-on-year decrease, due to a narrower order scope for large projects compared with the previous year's results.」

    In the Royal Event Business Division, renamed from the Competitive Business Division, full-year revenue was ¥3,025 million, down 8.0% year on year, due to the narrower order scope for large projects.
  2. FY2026-H1Revenue decline due to a narrower order scope for large projectsAnnual report

    「〔Royal Event Business Division〕 Revenue was ¥743 million, a 30.3% year-on-year decrease, due to a narrower order scope for large projects compared with the previous year's results.」

    In the Royal Event Business Division, renamed from the Competitive Business Division, revenue was ¥743 million, down 30.3% year on year, as the order scope for large projects narrowed.
  3. FY2025-H1AdvancedAnnual report

    「〔Competitive Business Division〕Revenue increased to ¥1,067 million, up 345.6% year on year, due to a substantial increase in the number of large projects compared with the previous year's results.」

    The number of large projects increased substantially in the Competitive Business Division, resulting in revenue of ¥1,067 million, up 345.6% year on year. Revenue shifted to an increase in the interim period from the decline caused by the decrease in large projects in the previous period.
  4. FY2024Full-year revenue decline in the Competitive Business Division due to a decrease in the number of large projectsAnnual report

    「〔Competitive Business Division〕Compared with the previous year's results, revenue was ¥1,587 million, a 56.8% year-on-year decrease, reflecting a decline in the number of large projects.」

    The Competitive Business Division shifted from the increases in the number of projects and unit prices reported in the previous period to a full-year revenue decline of 56.8% due to a decrease in the number of large projects.
  5. FY2024-Q3Continued revenue decline in the Competitive Business Division due to a decrease in the number of large projectsAnnual report

    「〔Competitive Business Division〕 Compared with the previous year's results, revenue was ¥1,487 million, a 52.3% year-on-year decrease, reflecting a decline in the number of large projects.」

    The Competitive Business Division posted revenue of ¥1,487 million, down 52.3% year on year, due to a decline in the number of large projects.
  6. FY2024-Q2Decrease in the number and unit prices of large projects in the Competitive Business DivisionAnnual report

    「〔Competitive Business Division〕Compared with the previous year's results, revenue was ¥239 million, a 60.7% year-on-year decrease, reflecting a decline in the number of large projects and their unit prices.」

    The Competitive Business Division, which had reported progress on large projects and increases in the number of projects and unit prices through the previous quarter, posted revenue of ¥239 million, down 60.7% year on year, due to declines in the number of large projects and unit prices.
  7. FY2024-Q1AdvancedAnnual report

    「〔Competitive Business Division〕 Compared with the same period of the previous year, which was affected by COVID-19, the division was affected by the suspension of nominations for bidding related to the Tokyo Olympic and Paralympic Games. However, as momentum grew toward the normalization of socioeconomic activity, the number of projects and unit prices increased, resulting in revenue of ¥181 million, up 558.8% year on year.」

    Despite the impact of the suspension of nominations, the Competitive Business Division posted revenue of ¥181 million, up 558.8% year on year, due to an increase in the number of projects and unit prices accompanying the normalization of socioeconomic activity.
  8. FY2023-Q3AdvancedAnnual report

    「〔Competitive Business Division〕 Compared with the same period of the previous year, which was affected by COVID-19, the initial plan progressed strongly as momentum grew to balance infection prevention with socioeconomic activity. As a result, the number of projects and unit prices increased substantially, and revenue increased to ¥3,119 million, up 487.0% year on year.」

    The initial plan progressed strongly in the Competitive Business Division, resulting in a substantial increase in the number of projects and unit prices and revenue of ¥3,119 million, up 487.0% year on year.
  9. FY2023-Q2AdvancedAnnual report

    「〔Competitive Business Division〕 Work, mainly preparatory work for large projects, progressed smoothly, resulting in revenue of ¥609 million, up 228.1% year on year.」

    Preparatory work for large projects progressed smoothly in the Competitive Business Division, resulting in revenue of ¥609 million, up 228.1% year on year.
  10. FY2022AdvancedAnnual report

    「〔Competitive Business Division〕Although the content of event production for large projects was affected by COVID-19 and other factors, revenue increased to ¥673 million, up 282.9% year on year, due to an increase in the number of projects and higher unit prices.」

    Although the Competitive Business Division was affected by the infectious disease in the content of its production work, revenue increased to ¥673 million, up 282.9% year on year, due to an increase in the number of projects and higher unit prices. Recovery is progressing from the substantial revenue decline in the previous year.
  11. FY2022-Q3AdvancedAnnual report

    「〔Competitive Business Division〕 Revenue increased to ¥531 million, up 613.6% year on year, due to an increase in the number of projects and higher unit prices, reflecting the impact of projects related to large bidding projects.」

    Progress on projects related to large bidding projects resulted in revenue of ¥531 million in the Competitive Business Division, up 613.6% year on year.
  12. FY2022-Q2AdvancedAnnual report

    「〔Competitive Business Division〕 Revenue increased to ¥185 million, up 287.3% year on year, as work related to large bidding projects progressed smoothly.」

    Work related to large bidding projects progressed smoothly, resulting in revenue of ¥185 million in the Competitive Business Division, up 287.3% year on year.
  13. FY2022-Q1AdvancedAnnual report

    「〔Competitive Business Division〕Revenue increased to ¥53 million, up 9,213.3% year on year, as work related to large bidding projects progressed smoothly.」

    Work related to large bidding projects progressed smoothly, resulting in revenue of ¥53 million in the Competitive Business Division, up 9,213.3% year on year. The division is recovering as projects progress from the ¥0 million in revenue recorded during the infectious disease outbreak in the previous year.
  14. FY2021Substantial full-year revenue decline in the Competitive Business DivisionAnnual report

    「〔Competitive Business Division〕 As a result of the impact of the previously mentioned spread of COVID-19 and other factors, revenue was ¥175 million, a 92.9% year-on-year decrease.」

    The Competitive Business Division, which had reported increased revenue from large bidding projects in the previous fiscal year, posted full-year revenue of ¥175 million, down 92.9% year on year due to the impact of the infectious disease.
  15. FY2021-Q3Competitive Business Division remains at a low level, with a partial recovery but a substantial revenue declineAnnual report

    「〔Competitive Business Division〕As a result of the impact of the previously mentioned spread of COVID-19 and other factors, revenue was ¥74 million, a 96.9% year-on-year decrease.」

    Revenue in the Competitive Business Division increased from ¥0 million in the first quarter to ¥74 million, but still represented a substantial 96.9% year-on-year decline, as the sharp drop in orders caused by the infectious disease continues.
  16. FY2021-Q1Sharp drop in orders received in the Competitive Business DivisionAnnual report

    「〔Competitive Business Division〕As a result of the impact of the previously mentioned spread of COVID-19 and other factors, revenue was ¥0 million, a 99.5% year-on-year decrease.」

    The Competitive Business Division, which had reported increased revenue from large bidding projects in the previous fiscal year, posted revenue of ¥0 million, down 99.5% year on year due to the impact of COVID-19.
  17. FY2020AdvancedAnnual report

    「〔Competitive Business Division〕Revenue increased to ¥2,490 million, up 124.3% year on year, due to an increase in orders received for large bidding projects.」

    Orders received for large bidding projects increased in the Competitive Business Division, resulting in revenue of ¥2,490 million, up 124.3% year on year.
  18. FY2020-Q3AdvancedAnnual report

    「〔Competitive Business Division〕Revenue increased to ¥2,383 million, up 133.7% year on year, due to an increase in orders received for large bidding projects.」

    Orders received for large bidding projects increased in the Competitive Business Division, resulting in revenue of ¥2,383 million, up 133.7% year on year. The scale of orders is expanding further following the revenue increase from large bidding projects in the previous quarter.
  19. FY2020-Q2AdvancedAnnual report

    「〔Competitive Business Division〕Revenue increased to ¥859 million, up 413.6% year on year, due to an increase in orders received for large bidding projects.」

    Orders received for large bidding projects increased in the Competitive Business Division, resulting in revenue of ¥859 million, up 413.6% year on year.
  20. FY2020-Q1AdvancedAnnual report

    「[Competitive business segment] Revenue increased 333.1% year on year to ¥116 million due to an increase in the value of orders for bid-based projects.」

    The value of orders for bid-based projects increased in the competitive business segment, resulting in revenue of ¥116 million, up 333.1% year on year. The decline in large bid-based projects during the previous full year gave way to an increase in the current quarter.
  21. FY2019Full-year revenue decline due to a change in the mix of large projectsAnnual report

    「Ceremony 2,841 23.7% △23.1% Construction ceremonies, commemorative ceremonies」

    In the fiscal year ended March 2019, the ceremony segment recorded revenue of ¥2,841 million, down 23.1% from the previous period. The full-year results confirmed the revenue decline caused by the changing mix of large projects, including imperial visit-related events and construction ceremonies, which had continued at the quarterly level.
  22. FY2019-Q3Revenue decline continued due to a change in the mix of large projects.Annual report

    「Revenue declined 25.0% year on year to ¥2,138 million due to a decline in the number of orders for large imperial visit-related projects and construction ceremony projects.」

    The ceremony segment posted a substantial 25.0% year-on-year decline in revenue due to a decrease in orders for imperial visit-related and construction ceremony projects. The decline in revenue due to the changing mix of large projects through the previous quarter continued.
  23. FY2019-Q2Revenue decline continued due to a change in the mix of large projects.Annual report

    「[Ceremony segment] Although the value of large projects, mainly commemorative ceremonies, increased, revenue declined 7.3% year on year to ¥1,247 million due to declines in the number of construction ceremony orders and the value of large projects.」

    While large commemorative ceremony projects increased, the number of construction ceremony orders and the value of large projects declined, resulting in a 7.3% year-on-year decline in revenue in the ceremony segment. As in the previous quarter, the disclosure cites lower revenue due to a change in the mix of large projects.
  24. FY2019-Q1Revenue declined due to a change in the mix of large projects.Annual report

    「Although the value of large projects, mainly commemorative ceremonies, increased, revenue declined 0.9% year on year to ¥737 million due to a decline in the number of construction ceremony orders and the value of large projects.」

    While large commemorative ceremony projects increased, the number of construction ceremony orders and the value of large projects declined, resulting in a 0.9% year-on-year decline in revenue in the ceremony segment.
  25. FY2018AdvancedAnnual report

    「Revenue increased by 5.1% from the previous fiscal year to ¥3,697 million, as the number of large projects, including anniversary ceremonies for private companies and universities, increased and unit prices for construction ceremonies improved.」

    Revenue in the ceremony segment was ¥3,697 million, up 5.1% from the previous period, due to an increase in large projects such as anniversary ceremonies and higher unit prices for construction ceremonies.
  26. FY2018-Q3RestatedAnnual report

    「[Ceremony segment] Although the number of project orders and the value of imperial visit-related projects declined, revenue increased 2.7% year on year to ¥2,850 million due to an increase in large construction and commemorative ceremony projects.」

    While imperial visit-related projects and others declined, large construction and commemorative ceremony projects increased, and the disclosure reconfirms that the ceremony segment posted higher revenue.
  27. FY2018-Q2RestatedAnnual report

    「Although the number of project orders declined, revenue increased 10.3% year on year to ¥1,346 million due to an increase in large projects, mainly construction and anniversary ceremonies.」

    The disclosure reconfirms that large projects, mainly construction and anniversary ceremonies, drove higher revenue in the ceremony segment.
  28. FY2017AdvancedAnnual report

    「Large projects, including imperial visit-related events such as the opening and closing ceremonies of the Hopeful Iwate National Sports Festival and anniversary ceremonies, drove higher selling prices, resulting in a 25.1% increase in revenue from the previous period to ¥3,519 million.」

    Orders for large imperial visit-related events and anniversary ceremonies drove the ceremony segment, with revenue of ¥3,519 million, up 25.1% from the previous period.
  29. FY2017-Q3First statedAnnual report

    「In the ceremony segment, the value of contracted imperial visit-related projects reached a record high due to orders for competitive projects such as the opening and closing ceremonies of the Iwate National Sports Festival and the National Agricultural Successors Summit. In addition, orders were received for anniversary events from private-sector companies and organisations, resulting in a 34.9% year-on-year increase in revenue to ¥2,775 million.」

    The disclosure states that the ceremony segment received orders for projects including the opening and closing ceremonies of the Iwate National Sports Festival and the National Agricultural Successors Summit, that the value of contracted imperial visit-related projects reached a record high, and that anniversary events were also secured.
Moved together

"Improving profitability under Medium-Term Management Plan III" moved the same way as this thread, in the same document, in 11 of its 31 moves.

1198654★123456
  1. ★This thread
  2. 1Improving profitability under Medium-Term Management Plan III11×
  3. 2Sports business development driven by the 2020 Tokyo Olympic and Paralympic Games9×
  4. 3Expansion of orders for sports, conventions and festival projects8×
  5. 4Higher project unit prices through planning capabilities and value-added proposals6×
  6. 5Maintaining stable dividends and allocating retained earnings to the operating base and future businesses5×
  7. 6Focused investment in setup equipment for large-scale event venues4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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