Seasonal Fluctuations in Quarterly Performance Due to the Concentration of Construction Orders in the Second Half
First written in FY2017-Q1. 2 of 3 entries say "Restated". Latest entry: FY2017-Q3.
17 other companies' latest entry also says "Restated".
- FY2017-Q3RestatedAnnual report
「In addition, because construction orders for the Group's principal businesses, civil engineering construction and building construction, are concentrated in the second half, particularly the fourth quarter of the consolidated fiscal year, seasonal fluctuations occur, with completed construction revenue in the fourth quarter of the consolidated fiscal year substantially exceeding that from the first through third quarters of the consolidated fiscal year.」
The seasonal concentration of construction orders and completed construction revenue in the second half, particularly the fourth quarter, continues to be disclosed. - FY2017-Q2RestatedAnnual report
「Because construction orders are concentrated in the second half, particularly the fourth quarter of the consolidated fiscal year, seasonal fluctuations occur, with completed construction revenue in the fourth quarter of the consolidated fiscal year substantially exceeding that from the first through third quarters of the consolidated fiscal year.」
The seasonal concentration of construction orders and completed construction revenue in the second half, particularly the fourth quarter, continues to be disclosed. - FY2017-Q1First statedAnnual report
「Because construction orders are concentrated in the second half, particularly the fourth quarter of the consolidated fiscal year, seasonal fluctuations occur, with completed construction revenue in the fourth quarter of the consolidated fiscal year substantially exceeding that from the first through third quarters of the consolidated fiscal year.」
The disclosure describes the concentration of construction orders and completed construction revenue in the second half, particularly the fourth quarter, as a structural feature of results.