Seasonal fluctuations in construction revenue
First written in FY2017. 5 of 7 entries say "Restated". Latest entry: 2026-09-09.
The whole theme swung hardest in 2018: 4 of 31 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The net sales from completed construction of the Company group are seasonal in line with customers' capital investment plans, with a higher proportion generally recognized in the fourth quarter (November to January).」
The Company continues to explain that net sales from completed construction fluctuate by quarter in line with customers' capital investment plans and has updated the quarterly results. - FY2021RestatedAnnual report
「The net sales from completed construction of the Company group are seasonal in line with customers' capital investment plans, with a higher proportion generally recognized in the fourth quarter (November to January).」
The Company reaffirms the risk that a higher proportion is recognized in the fourth quarter and that net sales from completed construction fluctuate from quarter to quarter, and discloses fourth-quarter net sales from completed construction of ¥1,038.300 million for the current fiscal year. - FY2020RestatedAnnual report
「The Company's net sales from completed construction are seasonal in line with customers' capital investment plans, with a higher proportion generally recognized in the fourth quarter (November to January). Accordingly, the Company's net sales from completed construction tend to fluctuate significantly from quarter to quarter.」
The Company reaffirms the risk that a higher proportion of net sales from completed construction is recognized in the fourth quarter in line with customers' capital investment plans, resulting in quarterly fluctuations. - FY2018ReframedAnnual report
「The Company's net sales from completed construction are seasonal in line with customers' capital investment plans, with a higher proportion generally recognized in the fourth quarter (November to January). Accordingly, the Company's net sales from completed construction tend to fluctuate significantly from quarter to quarter.」
The explanation of seasonal fluctuations has been revised from a focus on the first and fourth quarters to a focus on the fourth quarter, and net sales from completed construction of ¥1,560.522 million were disclosed for the fourth quarter of the current fiscal year. - FY2017First statedAnnual report
「The Company's net sales from completed construction are seasonal in line with customers' capital investment plans, with a higher proportion generally recognized in the first quarter (February to April) and fourth quarter (November to January). Accordingly, the Company's net sales from completed construction tend to fluctuate significantly from quarter to quarter.」
The Company discloses seasonality in net sales from completed construction as a risk and reports current fiscal-year quarterly net sales of ¥895.873 million for the first quarter, cumulative net sales of ¥1,906.191 million for the second quarter, cumulative net sales of ¥2,648.370 million for the third quarter, and full-year net sales of ¥4,182.382 million.