Fourth-Quarter Concentration of Completed Construction Projects and Seasonal Fluctuations
First written in FY2017-Q1. 22 of 31 entries say "Restated". Latest entry: 2026-08-06.
The whole theme swung hardest in 2024: 6 of 29 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
- 2026-08-06RestatedEarnings
「なお、当社グループの主たる事業である建設事業においては、契約により工事の完成引渡しが第４四半期連結会計期間に集中しているため、第１四半期連結会計期間から第３四半期連結会計期間における完成工事高に比べ、第４四半期連結会計期間の完成工事高が多くなるといった季節的変動があります。」
完成工事高が第4四半期に集中する季節的変動を明示している。 - FY2026-H1RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the second half of the consolidated fiscal year. As a result, second-half revenue is higher than first-half revenue, creating seasonal fluctuations.」
The disclosure continues to state that completion and handover are concentrated in the second half, resulting in higher second-half revenue than first-half revenue. - FY2025-H1Reappearance of the seasonal fluctuation disclosure and a change in wording to concentration in the second halfAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the second half of the consolidated fiscal year. As a result, second-half revenue is higher than first-half revenue, creating seasonal fluctuations.」
The seasonal pattern, which had temporarily not been explicitly stated in the annual report, is disclosed again as a difference between first-half and second-half revenue. - FY2024DroppedAnnual reportThe seasonal pattern caused by the concentration of completed construction handovers in the fourth quarter, which had continued to be disclosed in quarterly reports, is not explicitly stated in this annual report.
- FY2024-Q3RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of completed construction handovers in the fourth quarter is reiterated. - FY2024-Q2RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of completed construction handovers in the fourth quarter is reiterated. - FY2024-Q1RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2023-Q3RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of completed construction handovers in the fourth quarter is reiterated. - FY2023-Q2RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of completed construction handovers in the fourth quarter is reiterated. - FY2023-Q1RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of completion and handover in the fourth quarter is reiterated. - FY2022-Q3RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2022-Q2RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2022-Q1RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2021-Q2RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2021-Q1RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2020DroppedAnnual reportThis annual report does not explicitly state the seasonal pattern caused by the concentration of completion and handover in the fourth quarter.
- FY2020-Q3RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2020-Q2RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2020-Q1RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2019DroppedAnnual reportThe seasonal pattern caused by the concentration of completion and handover in the fourth quarter, which was disclosed in the quarterly report, is not explicitly stated in this annual report.
- FY2019-Q3RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2019-Q2RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2019-Q1Reappearance of seasonal fluctuations in the quarterly reportAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of completion and handover in the fourth quarter, which was not explicitly stated in the previous annual report, is disclosed again in this quarterly report. - FY2018DroppedAnnual reportThe seasonal pattern caused by the concentration of completion and handover in the fourth quarter, which was disclosed in the quarterly report, is not explicitly stated in this annual report.
- FY2018-Q3RestatedAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2018-Q2RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2018-Q1Reappearance of seasonal fluctuations in the quarterly reportAnnual report
「(Note) In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
Although it was not included in the previous annual report, the quarterly report again discloses the seasonal pattern caused by the concentration of completion and handover in the fourth quarter. - FY2017DroppedAnnual reportThe seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter, which had been repeatedly disclosed in quarterly reports, is not included in the performance overview of this annual report.
- FY2017-Q3RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2017-Q2RestatedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
The seasonal pattern caused by the concentration of construction completion and handover in the fourth quarter is reiterated. - FY2017-Q1First statedAnnual report
「In civil engineering and building construction, contractual completion and handover of construction projects are concentrated in the fourth-quarter consolidated accounting period. As a result, completed construction revenue in the fourth quarter is significantly higher than in the first through third quarters, creating seasonal fluctuations.」
This explains the seasonal pattern in quarterly completed construction revenue caused by the contractual concentration of completion and handover in the fourth quarter.