Smoothing Revenue Recognition Throughout the Year
First written in FY2019. 1 of 5 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026-H1Revenue recognition deferred due to a review of the sales scheduleAnnual report
「They decreased year on year because the sale and delivery schedule was revised as a result of upgrading the sales methods for development-and-sale projects.」
Revenue from the development-and-sale business fell below the same period of the previous year because the company reviewed the sale and delivery schedule as sales methods became more sophisticated. The timing of revenue recognition fluctuated during the first half in relation to the challenge of leveling revenue recognition throughout the year. - FY2025Stable annual orders alongside quarterly fluctuationsAnnual report
「This was primarily because the company secured orders consistently throughout the year, increasing revenue from the “contract-order scheme” by ¥1,140.985 million from the previous fiscal year.」
Although contract-order revenue increased as a result of securing orders throughout the year, quarterly order volume fluctuated between 7 and 24 orders, and the disclosure does not state that leveling had been fully achieved. - FY2024AdvancedAnnual report
「The company secured at least 10 orders in each quarter from the first through the fourth quarter. In the fourth quarter, order value exceeded ¥2 billion, a record high for quarterly order value.」
In addressing the challenge of stabilizing quarterly orders, the company secured at least 10 orders in every quarter, and fourth-quarter order value exceeded ¥2 billion. - FY2021RestatedAnnual report
「To address this risk, we are working to build a stable pipeline of land purchases and sales under the “development-and-sale scheme” each quarter.」
To address performance fluctuations caused by concentration in sales timing, the company continues to pursue a policy of stabilizing land purchases and sales each quarter. - FY2019First statedAnnual report
「Accordingly, we recognize that leveling revenue recognition throughout the year is an important challenge for the company. Going forward, to level revenue recognition, we will work to build a stable pipeline each quarter of orders under the “contract-order scheme” and land purchases and sales under the “development-and-sale scheme.”」
To address quarterly performance differences caused by concentration in completion and sales timing, the company for the first time explicitly stated the objective and means of stabilizing quarterly orders, land purchases and sales.