Smoothing Seasonal Order Intake Concentrated in Public Works
First written in FY2016. 27 of 30 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 4 of 31 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to increase, particularly in the third quarter (January-March), while declining in the fourth quarter (April-June).」
The explanation has been reframed from the previous description of concentration in the second and third quarters to focus on the seasonal pattern of an increase in the third quarter and a decline in the fourth quarter. - FY2025-H1RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to decline in the first quarter (July-September) and fourth quarter (April-June), and increase in the second quarter (October-December) and third quarter (January-March).」
Quarterly revenue fluctuations associated with public works-related construction continue to be disclosed. - FY2024-Q2RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to decline in the first quarter (July-September) and fourth quarter (April-June), and increase in the second quarter (October-December) and third quarter (January-March).」
Quarterly revenue fluctuations associated with public works-related construction continue to be disclosed. - FY2024-Q1RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to decline in the first quarter (July-September) and fourth quarter (April-June), and increase in the second quarter (October-December) and third quarter (January-March).」
In connection with the policy of smoothing the seasonal fluctuations caused by its focus on public works, the tendency for revenue to decline in the first and fourth quarters and increase in the second and third quarters has been reconfirmed. - FY2023-Q3RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The outlook that performance will remain weighted toward the second and third quarters for the time being has been reiterated, while the policy of smoothing performance remains in place. - FY2023-Q2RestatedAnnual report
「The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The outlook that performance will remain weighted toward the second and third quarters for the time being has been reiterated, while the policy of smoothing performance remains in place. - FY2023-Q1RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The outlook that performance will remain weighted toward the second and third quarters for the time being has been reiterated, while the policy of smoothing performance remains in place. - FY2022-Q3RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The outlook that performance will remain weighted toward the second and third quarters for the time being has been reiterated, while the policy of smoothing performance remains in place. - FY2022-Q2RestatedAnnual report
「The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The outlook that performance will remain weighted toward the second and third quarters for the time being has been reiterated, while the policy of smoothing performance remains in place. - FY2022-Q1RestatedAnnual report
「The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The outlook that performance will remain weighted toward the second and third quarters for the time being has been reiterated, while the policy of smoothing performance remains in place. - FY2021-Q3RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects revenue to remain concentrated in the second and third quarters for the time being. - FY2021-Q2RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects performance to remain weighted toward the second and third quarters for the time being. - FY2021-Q1RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects performance to remain concentrated in the second and third quarters for the time being. - FY2020RestatedAnnual report
「The group intends to smooth quarterly performance by actively marketing water-jet construction methods for maintenance and cleaning at chemical plants, oil plants, power plants, automobile plants and other facilities where much of the work is performed in the fourth quarter (April-June), thereby expanding business outside construction.」
The policy of smoothing quarterly performance through water-jet construction methods in non-construction fields remains in place. - FY2020-Q3RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects performance to remain weighted toward the second and third quarters for the time being. - FY2020-Q2RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects performance to remain concentrated in the second and third quarters for the time being. - FY2020-Q1RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects performance to remain concentrated in the second and third quarters for the time being. - FY2019RestatedAnnual report
「The group intends to smooth quarterly performance by actively marketing water-jet construction methods for maintenance and cleaning at chemical plants, oil plants, power plants, automobile plants and other facilities where much of the work is performed in the fourth quarter (April-June), thereby expanding business outside construction.」
The policy of smoothing seasonal fluctuations through water-jet construction methods in non-construction fields remains in place. - FY2019-Q3RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects performance to remain weighted toward the second and third quarters for the time being. - FY2019-Q2RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects revenue to remain concentrated in the second and third quarters for the time being. - FY2019-Q1RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects performance to remain weighted toward the second and third quarters for the time being. - FY2018RestatedAnnual report
「The group intends to smooth quarterly performance by actively marketing water-jet construction methods for maintenance and cleaning at chemical plants, oil plants, power plants, automobile plants and other facilities where much of the work is performed in the fourth quarter (April-June), thereby expanding business outside construction.」
The policy of smoothing quarterly performance through water-jet construction methods in non-construction fields remains in place. - FY2018-Q3RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects performance to remain weighted toward the second and third quarters for the time being. - FY2018-Q2RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects performance to remain weighted toward the second and third quarters for the time being. - FY2018-Q1RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to be concentrated in the second quarter (October-December) and third quarter (January-March) throughout the year, while revenue in the first quarter (July-September) and fourth quarter (April-June) tends to be lower. The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The group intends to continue smoothing performance, but expects revenue to remain concentrated in the second and third quarters for the time being. - FY2017RestatedAnnual report
「Because many of our projects are related to public works, orders have traditionally been seasonal. We aim to establish a more balanced order intake structure by pursuing sales of projects related to private-sector capital investment, while expanding projects that prioritize safety and the environment by bringing together our range of specialized technologies.」
The group has reiterated its policy of smoothing the seasonal fluctuations caused by its focus on public works through sales activities related to private-sector capital investment projects. - FY2017-Q3RestatedAnnual report
「The group intends to smooth quarterly performance by actively marketing water-jet construction methods for maintenance and cleaning at chemical plants, oil plants, power plants, automobile plants and other facilities where much of the work is performed in the fourth quarter (April-June), thereby expanding business outside construction.」
The group continues to pursue its policy of smoothing quarterly performance, citing water-jet construction methods for maintenance and cleaning at chemical plants and other facilities as a specific measure. - FY2017-Q2RestatedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue declines in the first quarter (July-September) and fourth quarter (April-June), and increases in the second quarter (October-December) and third quarter (January-March). The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
The policy of smoothing performance and the outlook that performance will remain weighted toward the second and third quarters for the time being are unchanged. - FY2017-Q1SoftenedAnnual report
「As the group's business includes a large amount of public works-related construction, revenue tends to decline in the first quarter (July-September) and fourth quarter (April-June), and increase in the second quarter (October-December) and third quarter (January-March). The group intends to smooth these fluctuations in performance going forward, but for the time being, performance is expected to remain weighted toward the second and third quarters.」
Although the policy of smoothing performance remains in place, the outlook explicitly states that performance is expected to remain weighted toward the second and third quarters for the time being. - FY2016First statedAnnual report
「Because many of our projects are related to public works, orders have traditionally been seasonal. We aim to establish a more balanced order intake structure by pursuing sales of projects related to private-sector capital investment, while expanding projects that prioritize safety and the environment by bringing together our range of specialized technologies.」
The Company aims to smooth order intake through sales activities targeting projects related to private-sector capital investment.