Yahagi Construction (1870) · RiskRestated
Risk of misstatement relating to the percentage-of-completion method and real estate valuation
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2022.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Risk of Financial-Statement Fluctuations Associated with Multiple Accounting Estimates and ValuationsA theme 37 companies write about · 37 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2020: 5 of 22 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 37 companies compared. The sentences above are computed from all 37.Full recordFilings, disclosures and news, newest first
- FY2022RestatedAnnual report
「Errors in estimates of total construction revenue, total construction costs and the progress of construction could result in material misstatements in revenue recognition, which could affect the group’s operating results.」
The company continues to disclose the risk of misstatement associated with estimates of construction progress, costs and revenue and the valuation of real estate for sale. - FY2021First statedAnnual report
「Errors in estimates of total construction revenue, total construction costs and the progress of construction could result in material misstatements in revenue recognition, which could affect the group’s operating results.」
The company expressly identifies the risk of material misstatements in estimates of revenue, costs and progress under the percentage-of-completion method and in the valuation of real estate for sale.