Act Group business revenue shortfall due to delayed start of trading
First written in FY2018-Q1. 3 of 5 entries say "Restated". Latest entry: FY2019-Q1.
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- FY2019-Q1DroppedAnnual report
「For the Act Group business, we pursued the selective concentration of management resources, including the sale of all shares in our consolidated subsidiary Act Interior Co., Ltd. on 30 November 2018.」
Following the sale and deconsolidation of the Act Group business, the risk of a sales shortfall due to delays in the start of transactions for that business is not described separately in this filing. - FY2018RestatedAnnual report
「For the Act Group business, actual sales were ¥486 million against expected sales of ¥1,322 million, representing an achievement rate of 36.7%, due to delays in the start of transactions for overseas projects and other factors.」
The annual figures also confirmed that delays in the start of overseas transactions had kept sales below expectations. - FY2018-Q3RestatedAnnual report
「Although domestic sales for the Act Group business remained solid, sales did not reach the expected level due to delays in the start of transactions for overseas projects and other factors.」
The company again reported that continued delays in the start of transactions for some overseas projects have kept sales below expectations. - FY2018-Q2RestatedAnnual report
「During the second quarter cumulative consolidated period, the company focused on improving operating efficiency and strengthening its management structure. Domestic sales remained solid, although delays occurred in the start of transactions for some overseas projects.」
The company stated that delays in the start of transactions for some projects continued this time in relation to overseas projects. - FY2018-Q1MaterialisedAnnual report
「During the first quarter cumulative consolidated period, domestic sales remained solid, but sales did not reach the expected level due to delays in the start of transactions for some projects and other factors.」
The company stated that Act Group business sales did not reach the expected level due to delays in the start of transactions for some projects.