Construction completion and handover concentrated in the third quarter
First written in FY2017-Q1. 2 of 4 entries say "Restated". Latest entry: FY2017.
1 other company's latest entry also says "Dropped".
- FY2017DroppedAnnual reportThe annual report contains no explicit disclosure confirming seasonality arising from completed-project handovers being concentrated in the third quarter.
- FY2017-Q3RestatedAnnual report
「As part of the normal course of our Group's operations, handovers upon completion of construction projects are concentrated in the third quarter of the consolidated fiscal year. As a result, the Group's sales in the third quarter are significantly higher than in the first, second and fourth quarters, creating seasonal fluctuations.」
The same seasonality, with completed-project handovers concentrated in the third quarter, is disclosed again. - FY2017-Q2RestatedAnnual report
「As part of the normal course of our Group's operations, handovers upon completion of construction projects are concentrated in the third quarter of the consolidated fiscal year. As a result, the Group's sales in the third quarter are significantly higher than in the first, second and fourth quarters, creating seasonal fluctuations.」
The same seasonality, with completed-project handovers concentrated in the third quarter, is disclosed again. - FY2017-Q1First statedAnnual report
「As part of the normal course of our Group's operations, handovers upon completion of construction projects are concentrated in the third quarter of the consolidated fiscal year. As a result, the Group's sales in the third quarter are significantly higher than in the first, second and fourth quarters, creating seasonal fluctuations.」
The Group discloses the seasonality of quarterly sales arising from the timing of completed-project handovers as an ongoing feature of its business structure.