Seasonality driven by the budget spending cycles of large enterprises
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 4 of 13 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Because our group sells drones and provides contract development services to large companies for part of our sales, sales tend to be concentrated in March, the settlement month for many large companies and other organizations. Accordingly, quarterly results tend to be weighted toward the third quarter.」
The risk of seasonal fluctuations due to large-company budget spending cycles continues to be disclosed, and quarterly sales for the fiscal year ended July 2025 were also presented. - FY2024First statedAnnual report
「Because we sell drones and provide contract development services to large companies for part of our sales, sales tend to be concentrated in March, the settlement month for many large companies and other organizations. Accordingly, quarterly results tend to be weighted toward the third quarter.」
For the fiscal year ended July 2024, sales were ¥609.522 million for the cumulative third quarter and ¥815.308 million for the full year. The company states that quarter-on-quarter comparisons may not provide a basis for assessing performance trends.