Concentration of Handover Deliveries at Year-End and Fiscal Year-End
First written in FY2016. 10 of 12 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Lib Work moved to the "Worse" side of this theme in 2016, 9 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 6 of 18 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Revenue 2,079,160 13.3 4,820,358 30.7 2,607,415 16.6 6,173,040 39.4 15,679,974 100.0 Operating profit -390,432 -73.9 482,877 91.5 -207,433 -39.3 642,969 121.8 527,980 100.0」
In the fiscal year ending June 2026, revenue was concentrated in the second and fourth quarters, as was operating profit, with seasonal fluctuations reflected in the results. - 2026-05-12MaterialisedFinancial results presentation
「Performance through the third quarter declined because properties scheduled for delivery by the third quarter shifted into the fourth quarter. However, as approximately 170 properties are currently scheduled for delivery across the Group in the fourth quarter, we will not revise our full-year forecasts.」
Some deliveries scheduled by the third quarter shifted into the fourth quarter, resulting in an actual concentration of quarterly performance toward the fiscal year-end. - FY2025MaterialisedAnnual report
「Revenue 3,090,395 19.3 4,979,644 31.1 3,320,052 20.8 4,614,635 28.8 16,004,726 100.0 Operating profit -149,929 -18.0 528,659 63.4 51,607 6.2 402,923 48.4 833,260 100.0」
In the fiscal year ended June 2025, revenue was concentrated in the second quarter at 31.1% and the fourth quarter at 28.8%, while operating profit was 63.4% in the second quarter and 48.4% in the fourth quarter, reflecting the concentration of results toward the calendar and fiscal year-ends. - FY2024MaterialisedAnnual report
「Revenue was 15.8% in the first quarter, 35.3% in the second quarter, 14.6% in the third quarter and 34.3% in the fourth quarter. Operating profit was -46.3% in the first quarter, 119.2% in the second quarter, -58.8% in the third quarter and 85.9% in the fourth quarter.」
In the fiscal year ended June 2024, revenue and operating profit were again concentrated in the second and fourth quarters, with seasonal fluctuations caused by the concentration of deliveries toward the fiscal year-end and other periods reflected in the results. - FY2023MaterialisedAnnual report
「Revenue was 15.4% in the first quarter, 30.6% in the second quarter, 19.4% in the third quarter and 34.6% in the fourth quarter. Operating profit was -88.5% in the first quarter, 116.7% in the second quarter, -7.8% in the third quarter and 79.6% in the fourth quarter.」
In the fiscal year ended June 2023, revenue and operating profit were again concentrated in the second and fourth quarters, with seasonal fluctuations caused by the concentration of deliveries toward the fiscal year-end and other periods reflected in the results. - FY2022MaterialisedAnnual report
「Revenue accounted for 14.2% in the first quarter, 33.2% in the second quarter, 15.1% in the third quarter, and 37.5% in the fourth quarter. Operating profit accounted for negative 33.4% in the first quarter, 76.8% in the second quarter, negative 16.0% in the third quarter, and 72.6% in the fourth quarter.」
In the fiscal year ended June 2022, revenue and operating profit were again concentrated in the second and fourth quarters, with seasonal fluctuations caused by the concentration of deliveries toward the fiscal year-end reflected in the results. - FY2021MaterialisedAnnual report
「Revenue accounted for 10.8% in the first quarter, 37.6% in the second quarter, 13.9% in the third quarter, and 37.7% in the fourth quarter. Operating profit accounted for negative 40.2% in the first quarter, 91.9% in the second quarter, negative 31.1% in the third quarter, and 79.4% in the fourth quarter.」
In the fiscal year ended June 2021, revenue and operating profit were also concentrated in the second and fourth quarters, with the seasonal concentration of deliveries reflected in the results. - FY2020MaterialisedAnnual report
「The detached-home business tends to have a concentration of deliveries at year-end and at the end of the Company's fiscal year. Accordingly, the Company's performance may be weighted toward December and June.」
In the fiscal year ended June 2020, revenue was concentrated in the second quarter at 35.4% and the fourth quarter at 20.4%. Operating profit was also uneven across quarters, accounting for 173.1% in the second quarter, negative 47.5% in the third quarter, and negative 52.9% in the fourth quarter. - FY2018-Q2RestatedAnnual report
「As a result, for the cumulative second quarter, revenue was ¥2,421.626 million, up 63.7% year on year; operating profit was ¥166.866 million, compared with operating profit of ¥3.502 million in the same period of the previous year; ordinary profit was ¥183.371 million, compared with ordinary profit of ¥15.890 million; and quarterly net profit was ¥117.798 million, compared with quarterly net profit of ¥9.483 million.」
The Company reports performance figures for the cumulative second quarter, but indicates no new change in the seasonal concentration of deliveries. - FY2017MaterialisedAnnual report
「Accordingly, the Company's performance may be weighted toward December and June.」
Full-year results also quantify the concentration of performance toward fiscal year-end: the second quarter accounted for 30.0% of revenue and the fourth quarter for 36.3%, while the second quarter accounted for 52.4% of operating profit and the fourth quarter for 78.3%. - FY2017-Q1MaterialisedAnnual report
「Performance in the first quarter was affected by seasonal factors, while revenue and profit progressed broadly in line with the plan.」
The Company explains that first-quarter performance was actually affected by the risk of performance concentration due to seasonal fluctuations. It also states that revenue and profit were broadly in line with the plan. - FY2016First statedAnnual report
「The detached-home business tends to have a concentration of deliveries at year-end and at the end of the Company's fiscal year. Accordingly, the Company's performance may be weighted toward December and June.」
The Company discloses that the second quarter accounted for 42.6% of full-year revenue and the fourth quarter for 31.9%.