Order delays and upfront costs in the environmental development business
First written in FY2023. 7 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 1 of 10 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In part of the environmental development business, the period from receiving an order to entering into a contract is considerable, so the corresponding costs are recorded ahead of the related revenue, which may affect operating results and other financial results. Going forward, we will focus on securing orders at an early stage.」
The risks of delayed orders and costs being incurred ahead of revenue in the environmental development business, together with the response of securing orders at an early stage, remain unchanged. The environmental development business reported lower revenue and lower profit for the current fiscal year as well. - FY2025RestatedAnnual report
「In part of the environmental development business, the period from receiving an order to entering into a contract is considerable, so the corresponding costs are recorded ahead of the related revenue, which may affect operating results and other financial results. Going forward, we will focus on securing orders at an early stage.」
The risks of delayed orders and costs being incurred ahead of revenue in the environmental development business, together with the response of securing orders at an early stage, remain unchanged. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risks of delayed orders and costs being incurred ahead of revenue in the environmental development business. - FY2024RestatedAnnual report
「In part of the environmental development business, the period from receiving an order to entering into a contract is considerable, so the corresponding costs are recorded ahead of the related revenue, which may affect operating results and other financial results. Going forward, we will focus on securing orders at an early stage.」
The risks of delayed orders and costs being incurred ahead of revenue in the environmental development business, together with the response of securing orders at an early stage, remain unchanged. - FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The disclosure states that there have been no material changes to the risks of delayed orders and costs being incurred ahead of revenue in the environmental development business. - FY2024-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The disclosure states that there have been no material changes to the risks of delayed orders and costs being incurred ahead of revenue in the environmental development business. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risks of delayed orders and costs being incurred ahead of revenue in the environmental development business. - FY2023First statedAnnual report
「In part of the environmental development business, the period from receiving an order to entering into a contract is considerable, so the corresponding costs are recorded ahead of the related revenue, which may affect operating results and other financial results. Going forward, we will focus on securing orders at an early stage.」
The lengthening period from receiving an order to entering into a contract in the expanding environmental development business, resulting in costs being recorded ahead of revenue and affecting results, was identified as a new risk. Securing orders at an early stage is the stated response.