Seasonal concentration of sales and profit due to school-related projects and other factors
First written in FY2021. 13 of 16 entries say "Materialised", first in FY2022-Q1. Latest entry: 2026-08-07.
Nitcho moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Restated".
- FY2025MaterialisedAnnual report
「Fourth-quarter sales were ¥6,632 million, gross profit was ¥2,026 million and operating profit was ¥812 million.」
In the fiscal year ended September 2025, 36.6% of sales and 96.2% of operating profit were concentrated in the fourth quarter, while the company recorded an operating loss in the third quarter, with the seasonal concentration evident in actual performance. - FY2025-H1MaterialisedAnnual report
「In the normal course of business, our sales fluctuate seasonally, with sales generally higher in the second and fourth quarters than in the first and third quarters.」
The company continues to disclose, in its explanation of results for the six-month interim accounting period, the business structure in which sales are concentrated in the second and fourth quarters. - FY2024MaterialisedAnnual report
「Fourth-quarter sales were ¥6,903 million, representing 37.4% of the annual total.」
In the fiscal year ended September 2024, sales were concentrated in the second and fourth quarters, accounting for 37.7% and 37.4%, respectively, while the company recorded operating losses in the first and third quarters, with the seasonal concentration evident in actual performance. - FY2024-Q2MaterialisedAnnual report
「Sales for the six months ended 30 September were ¥9,370 million, up 24.7% year on year. In terms of earnings, operating profit was ¥611 million, up 372.4% year on year; ordinary profit was ¥618 million, up 330.5%; and net profit was ¥400 million, up 441.3%. In terms of sales and earnings, results are progressing steadily against the budget set at the beginning of the fiscal year. In the normal course of business, our sales fluctuate seasonally, with sales generally higher in the second and fourth quarters than in the first and third quarters.」
Although sales and profit increased in the six months ended 30 September, actual results continue to show a seasonal earnings structure in which sales are concentrated in the second and fourth quarters. - FY2024-Q1MaterialisedAnnual report
「In terms of earnings, the operating loss was ¥258 million, compared with an operating loss of ¥385 million in the same quarter of the previous year; the ordinary loss was ¥255 million, compared with an ordinary loss of ¥382 million; and the net loss was ¥189 million, compared with a net loss of ¥247 million. In the normal course of business, our sales fluctuate seasonally, with sales generally higher in the second and fourth quarters than in the first and third quarters.」
The company recorded an operating loss, ordinary loss and net loss in the first quarter, with the earnings structure in which sales are seasonally concentrated in the second and fourth quarters continuing to be reflected in actual performance. Year on year, the losses narrowed. - FY2023MaterialisedAnnual report
「Quarterly results for the fiscal year ended September 2023 are shown in the table below. Fourth-quarter sales were ¥7,538 million, representing 42.7% of the annual total.」
In the fiscal year ended September 2023, 42.7% of sales were concentrated in the fourth quarter, while the fourth quarter accounted for 148.4% of operating profit, with the seasonal concentration evident in actual performance. - FY2023-Q3MaterialisedAnnual report
「Sales for the nine months ended 30 September 2022 were ¥10,103 million, up 21.5% year on year. In terms of earnings, the operating loss was ¥261 million, compared with an operating loss of ¥636 million in the same period of the previous year; the ordinary loss was ¥244 million, compared with an ordinary loss of ¥644 million; and the net loss was ¥234 million, compared with a net loss of ¥476 million. In the normal course of business, our sales fluctuate seasonally, with sales generally higher in the second and fourth quarters than in the first and third quarters.」
The company again recorded an operating loss, ordinary loss and net loss for the nine months ended 30 September, and continues to disclose, together with actual results, a seasonal earnings structure in which sales are concentrated in the fourth quarter. Year on year, sales increased and the losses narrowed. - FY2023-Q2MaterialisedAnnual report
「In the normal course of business, our sales fluctuate seasonally, with sales generally higher in the second and fourth quarters than in the first and third quarters.」
Sales for the six months ended 30 September were ¥7,517 million and operating profit was ¥129 million, but the company continues to disclose a business structure in which sales are concentrated in particular quarters. - FY2023-Q1MaterialisedAnnual report
「In the normal course of business, our sales fluctuate seasonally, with sales generally higher in the second and fourth quarters than in the first and third quarters.」
In the first quarter, sales were ¥1,962 million, while the company recorded an operating loss of ¥385 million, an ordinary loss of ¥382 million and a net loss of ¥247 million, with losses associated with the seasonal concentration of quarterly results evident in actual performance. - FY2022MaterialisedAnnual report
「Fourth-quarter sales were ¥7,148 million, gross profit was ¥2,066 million and operating profit was ¥980 million.」
In the fiscal year ended September 2022, fourth-quarter sales were ¥7,148 million, or 46.2% of annual sales, with the seasonal concentration risk evident in actual performance. - FY2022-Q3MaterialisedAnnual report
「Sales for the nine months ended 30 September 2021 were ¥8,318 million, down 14.7% year on year. In terms of earnings, the operating loss was ¥636 million, the ordinary loss was ¥644 million and the net loss was ¥476 million. In the normal course of business, our sales fluctuate seasonally, with sales generally higher in the second and fourth quarters than in the first and third quarters.」
The company again incurred a loss for the nine months ended 30 September, with fluctuations in results caused by the concentration of sales in particular quarters continuing to be reflected in actual performance. - FY2022-Q2MaterialisedAnnual report
「Sales for the six months ended 30 September 2021 were ¥6,763 million. In terms of earnings, the operating loss was ¥60 million, the ordinary loss was ¥73 million and the net loss was ¥71 million. In the normal course of business, our sales fluctuate seasonally, with sales generally higher in the second and fourth quarters than in the first and third quarters.」
The company again recorded an operating loss, ordinary loss and net loss for the six months ended 30 September, with fluctuations in results caused by the concentration of sales in particular quarters continuing to be reflected in actual performance. - FY2022-Q1MaterialisedAnnual report
「This is due to seasonal fluctuations in our normal operating pattern, with sales generally higher in the second and fourth quarters than in the first and third quarters.」
The company attributed first-quarter sales of ¥1,789 million, an operating loss of ¥459 million and a net loss of ¥340 million to seasonal fluctuations, with the seasonal concentration of quarterly results evident in actual performance. - FY2021nullAnnual report
「Our sales fluctuate seasonally, with sales generally higher in the second and fourth quarters than in the first and third quarters because of the timing of deliveries to major customers, including government agencies and school meal centers. Sales in the fourth quarter of the fiscal year ended September 2021 were ¥7,307 million, representing 42.8% of the annual total.」
The company states that the timing of acceptance inspections could affect results because a high proportion of its customers are in the school market, where large projects are carried out during the summer vacation.