Completed construction revenue weighted toward the second half and fourth quarter
First written in FY2017-Q1. 3 of 4 entries say "Restated". Latest entry: FY2018-Q1.
The whole theme swung hardest in 2024: 7 of 31 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- FY2018-Q1RestatedAnnual report
「The Group's completed construction revenue tends to be weighted toward the second half of the year, particularly the fourth quarter of the consolidated fiscal year, compared with the first half as part of its normal operating pattern. Revenue recognized in the first half, particularly the first quarter, is relatively low.」
The Company continues to disclose the seasonality of completed construction revenue, which is weighted toward the second half, particularly the fourth quarter. - FY2017-Q3RestatedAnnual report
「The Group's completed construction revenue tends to be weighted toward the second half of the year, particularly the fourth quarter of the consolidated fiscal year, as part of its normal operating pattern.」
The Company continues to disclose the seasonality of completed construction revenue, which is weighted toward the second half, particularly the fourth quarter. - FY2017-Q2RestatedAnnual report
「The Group's completed construction revenue is subject to seasonal fluctuations, with revenue in the fourth quarter of the consolidated fiscal year significantly exceeding that in the first through third quarters because contracts concentrate completion and handover of construction projects in the fourth quarter of the consolidated fiscal year.」
The Company has specified that seasonal fluctuations result from the contractual concentration of project completion and handover in the fourth quarter. - FY2017-Q1First statedAnnual report
「The Group's completed construction revenue tends to be weighted toward the second half of the year, particularly the fourth quarter of the consolidated fiscal year, compared with the first half as part of its normal operating pattern. Revenue recognized in the first half, particularly the first quarter, is relatively low.」
The Company has newly specified the seasonal revenue recognition pattern in which completed construction revenue is concentrated in the second half, particularly the fourth quarter.