Seasonal fluctuations in net sales weighted toward the winter season
First written in FY2016. 26 of 33 entries say "Restated". Latest entry: 2026-08-12.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- 2026-08-12RestatedEarnings
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The company continued to disclose that “Genpin” experiences substantial seasonal fluctuations in quarterly results. - FY2026MitigatedAnnual report
「Second-half sales were ¥3,462 million (65.8%) in the fiscal year ended March 2025, compared with ¥3,380 million (64.1%) in the fiscal year ending March 2026.」
Although sales remain concentrated in the second half, the proportion decreased from 65.8% to 64.1%, indicating a quantitative moderation in seasonal fluctuations. - FY2026-H1RestatedAnnual report
「The Group's results fluctuate significantly between the first and second halves because of the substantial seasonality of its core business, 「玄品」.」
The Group continues to disclose fluctuations in results between the first and second halves against the backdrop of winter demand for tiger pufferfish at 「玄品」. - FY2025MitigatedAnnual report
「For the fiscal years ended March 2024 and March 2025, quarterly sales were first-half sales of ¥1,801 million (34.2%) and second-half sales of ¥3,462 million (65.8%).」
The proportion of second-half sales decreased slightly from 66.2% in the previous fiscal year to 65.8%, indicating a slight quantitative moderation in the winter concentration. - FY2025-H1RestatedAnnual report
「Because demand for tiger pufferfish cuisine is high in winter under the Group's normal operating model, there are significant differences between sales in the third and fourth consolidated fiscal-quarter accounting periods and sales in the other consolidated fiscal-quarter accounting periods, resulting in seasonal fluctuations in results.」
The Group continues to disclose the seasonal concentration of sales in the third and fourth quarters due to winter demand for tiger pufferfish. - FY2024MitigatedAnnual report
「First-half sales: ¥1,692 million (33.8%); second-half sales: ¥3,322 million (66.2%)」
The proportion of second-half sales decreased from 71.4% in the previous fiscal year to 66.2%, numerically demonstrating a moderation in the winter concentration due to year-round food products, takeaway and delivery, and other factors. - FY2024-Q3RestatedAnnual report
「Because demand for tiger pufferfish cuisine is high in winter under the Group's normal operating model, there are significant differences between sales in the third and fourth consolidated fiscal-quarter accounting periods and sales in the other consolidated fiscal-quarter accounting periods, resulting in seasonal fluctuations in results.」
The Group continues to disclose the seasonal concentration of sales in the third and fourth quarters due to winter demand for tiger pufferfish. - FY2024-Q2RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Group continues to disclose seasonal fluctuations in quarterly results against the backdrop of winter demand for tiger pufferfish. - FY2024-Q1RestatedAnnual report
「Because demand for tiger pufferfish cuisine is high in winter under the Group's normal operating model, there are significant differences between sales in the third and fourth consolidated fiscal-quarter accounting periods and sales in the other consolidated fiscal-quarter accounting periods, resulting in seasonal fluctuations in results.」
The Group continues to disclose the seasonal fluctuation risk of sales being concentrated in the third and fourth quarters against the backdrop of winter demand for tiger pufferfish. - FY2023MitigatedAnnual report
「First-half sales: ¥1,204 million (28.6%); second-half sales: ¥3,005 million (71.4%)」
The proportion of second-half sales decreased from 83.3% in the previous fiscal year to 71.4%. The winter concentration was quantitatively moderated by eel, other food products, takeaway and delivery, seasonal menu items and other factors. - FY2023-Q3RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Company continues to disclose the structure in which the seasonality of 「玄品」 causes quarterly results to fluctuate significantly. - FY2023-Q2RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Company continues to disclose seasonal fluctuations in quarterly results against the backdrop of winter demand for 「玄品」. - FY2023-Q1RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Company continues to disclose the structure in which the seasonality of 「玄品」 causes quarterly results to fluctuate significantly. - FY2022WorsenedAnnual report
「First-half sales: ¥541 million (20.5%); second-half sales: ¥2,093 million (79.5%) First-half sales: ¥435 million (16.7%); second-half sales: ¥2,168 million (83.3%)」
From the fiscal year ended March 2021 to the fiscal year ended March 2022, the proportion of sales generated in the second half increased from 79.5% to 83.3%. - FY2022-Q3RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Company continues to disclose the structure in which the seasonality of 「玄品」 causes quarterly results to fluctuate significantly. - FY2022-Q2RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Company continues to disclose the structure in which the significant seasonality of 「玄品」 causes quarterly results to fluctuate. - FY2022-Q1RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Company continues to disclose the structure in which the seasonality of 「玄品」 causes quarterly results to fluctuate significantly. - FY2021WorsenedAnnual report
「First-half sales: ¥541 million (20.5%); second-half sales: ¥2,093 million (79.5%)」
The concentration of sales in the second half, which includes the winter months, increased from 64.4% in the previous year to 79.5%. The seasonal fluctuation risk is quantified in the annual results, which also include the impact of COVID-19. - FY2021-Q2RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Company continues to disclose the structure in which the significant seasonality of 「玄品」 causes quarterly results to fluctuate. - FY2021-Q1RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Group continues to disclose the structure in which the significant seasonality of 「玄品」 causes quarterly results to fluctuate. - FY2020RestatedAnnual report
「Due to the characteristics of the business format, store sales at 「玄品」 tend to be concentrated in the winter months from November to March.」
The Company continues to disclose the winter-focused seasonality. In the fiscal year ended March 2020, second-half sales accounted for 64.4%, and the fourth quarter was also affected by COVID-19. - FY2020-Q3RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Group continues to disclose seasonal fluctuations in quarterly results against the backdrop of winter demand for 「玄品」. - FY2020-Q1RestatedAnnual report
「In addition, because the core “Genpin” business is subject to substantial seasonal fluctuations, the Group’s results fluctuate significantly from quarter to quarter.」
The Group continues to disclose seasonal fluctuations in quarterly results against the backdrop of winter demand for 「玄品」. - FY2019-Q3RestatedAnnual report
「The Group's quarterly results fluctuate significantly because of the substantial seasonality of its core business, 「玄品」.」
The Group continues to disclose the structure in which the significant seasonality of 「玄品」 causes results to fluctuate from quarter to quarter. - FY2019-Q2RestatedAnnual report
「In addition, the Group's quarterly results fluctuate significantly because of the substantial seasonality of 「玄品」, whose core business is tiger pufferfish cuisine.」
The Group continues to disclose the structure in which the significant seasonality of 「玄品」 causes quarterly results to fluctuate. - FY2019-Q1RestatedAnnual report
「In addition, the Group's quarterly results fluctuate significantly because of the substantial seasonality of its core business, the 「玄品ふぐ」 specialty restaurant chain.」
The Group continues to disclose that the significant seasonality of 「玄品ふぐ」 causes quarterly results to fluctuate. - FY2018-Q3RestatedAnnual report
「The Group's quarterly results fluctuate significantly because of the substantial seasonality of its core business, the 「玄品ふぐ」 specialty restaurant chain.」
The Company continues to disclose fluctuations in quarterly results caused by the seasonality of 「玄品ふぐ」. - FY2018-Q2RestatedAnnual report
「In addition, the Company's quarterly results fluctuate significantly because of the substantial seasonality of its core business, the 「玄品ふぐ」 specialty restaurant chain.」
The Company continues to disclose that the seasonality of 「玄品ふぐ」 causes significant fluctuations in quarterly results. - FY2018-Q1RestatedAnnual report
「In addition, the Company's quarterly results fluctuate significantly because of the substantial seasonality of its core business, the 「玄品ふぐ」 specialty restaurant chain.」
The Company continues to disclose the risk that the seasonality of 「玄品ふぐ」 causes significant fluctuations in quarterly results. - FY2017RestatedAnnual report
「Due to the characteristics of the business format, store sales at the Company's core business, 「玄品ふぐ」, tend to be concentrated in the winter months from November to March.」
The Company continues to disclose the winter-focused seasonality. In the fiscal year ended March 2017, second-half sales accounted for 68.7%. - FY2017-Q3RestatedAnnual report
「The Group's quarterly results fluctuate significantly because of the substantial seasonality of its core business, the 「玄品ふぐ」 specialty restaurant chain.」
The Company reconfirms the seasonality that causes quarterly results to fluctuate significantly due to winter demand. Operating profit of ¥228 million was secured in the third quarter accounting period. - FY2017-Q1RestatedAnnual report
「The Group's quarterly results fluctuate significantly because of the substantial seasonality of its core business, the 「玄品ふぐ」 specialty restaurant chain.」
The significant seasonality of 「玄品ふぐ」 and the resulting risk of fluctuations in quarterly results are disclosed again. - FY2016First statedAnnual report
「Due to the characteristics of the business format, store sales at 「玄品ふぐ」 tend to be concentrated in the winter months from November to March.」
The concentration of sales from November to March is explicitly identified as a risk, and the results table discloses that second-half sales accounted for 64.4%.