Risk of quarterly performance concentration due to seasonal fluctuations
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2020.
20 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The Group tends to record lower revenue and profit in August and September, which include the summer vacation period, and higher revenue and profit during the gift-giving season in November and December. As a result, the first quarter accounts for a large proportion of full-year performance.」
The Company continues to disclose the seasonality of lower revenue and profit from August to September, higher revenue and profit from November to December, and the concentration of performance in the first quarter. - FY2018RestatedAnnual report
「The Group tends to record lower revenue and profit in August and September, which include the summer vacation period, and higher revenue and profit during the gift-giving season in November and December. As a result, the first quarter accounts for a large proportion of full-year performance.」
The Company continues to disclose the seasonality of lower revenue and profit from August to September, higher revenue and profit from November to December, and the concentration of performance in the first quarter. - FY2016First statedAnnual report
「The Group tends to record lower revenue and profit in August and September, which include the summer vacation period, and higher revenue and profit during the gift-giving season in November and December. As a result, the first quarter accounts for a large proportion of full-year performance.」
The Company discloses the seasonality of lower revenue and profit from August to September, higher revenue and profit from November to December, and the concentration of performance in the first quarter.