Seasonality with higher sales in the third and fourth quarters
First written in FY2019-Q1. 13 of 21 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Fourth-quarter concentration continues, but revenue and operating profit are lower than in the previous yearAnnual report
「Fiscal Year 25 Revenue 2,866,196 5,486,943 8,466,933 15,644,498 Operating profit 16,252 854,793 1,641,604 3,115,950」
In the fourth quarter, the company recorded revenue of ¥15,644,498 thousand and operating profit of ¥3,115,950 thousand. Although the concentration of results continues, the amounts declined from the fourth-quarter results of Fiscal Year 24. - FY2025Fourth-quarter concentration of results continuesAnnual report
「Fiscal Year 24 Revenue 1,422,079 5,397,699 4,753,829 16,277,777 Operating profit △375,049 632,293 647,968 3,633,542」
In the fourth quarter, the company recorded revenue of ¥16,277,777 thousand and operating profit of ¥3,633,542 thousand, showing the concentration of results in the second half and fourth quarter based on full-year results. - FY2024Fourth-quarter concentration of results confirmed by full-year resultsAnnual report
「Fiscal Year 23 Revenue 1,336,461 1,812,734 2,768,824 14,375,013 Operating profit △365,685 △173,602 △26,789 2,797,758」
In Fiscal Year 23, the company recorded revenue of ¥14,375,013 thousand and operating profit of ¥2,797,758 thousand in the fourth quarter, showing the concentration of results in the second half and fourth quarter based on quarterly full-year results. - FY2024-Q3Explicit expectation of concentration of results in the fourth quarterAnnual report
「In addition, due to the nature of the real estate industry, the Group's operating results tend to generate higher revenue and profits in the second half, and this tendency is expected to be particularly pronounced in the current fiscal year, with a substantial concentration in the fourth quarter.」
In addition to the previous explanation of second-half concentration and fourth-quarter concentration, the company specifies the timing of concentration more clearly by stating that a substantial concentration in the fourth quarter is expected this fiscal year. - FY2024-Q2Second-half concentration of sales and profits particularly pronounced this fiscal yearAnnual report
「In addition, due to the characteristics of the real estate industry, the Group's operating results tend to generate higher sales and profits in the second half, and this tendency has been particularly pronounced in the current fiscal year.」
In addition to the previous explanation of second-half concentration, the company states that this tendency is particularly pronounced in the current fiscal year. - FY2023RestatedAnnual report
「Sales and profits tend to be concentrated in the fourth quarter. To address this, the company is promoting initiatives to avoid the concentration of sales and profits by conducting active sales activities throughout the year, diversifying its sales destinations, starting contract negotiations earlier, and supplying products steadily throughout the year by spreading out completion timings.」
The company continues to state that sales and profits are concentrated in the fourth quarter and describes measures to avoid this by diversifying sales destinations, starting contract negotiations earlier and spreading out completion timings. - FY2023-Q3RestatedAnnual report
「In addition, due to the nature of the real estate industry, the company's operating results tend to generate higher revenue in the second half.」
The company continues to state that, due to the characteristics of the real estate industry, revenue tends to be higher in the second half. - FY2023-Q2RestatedAnnual report
「In addition, due to the characteristics of the real estate industry, the company's operating results tend to generate higher revenue in the third and fourth quarterly accounting periods, when rental demand becomes more active.」
The company continues to explain the seasonal trend of higher revenue in the third and fourth quarters. - FY2023-Q1RestatedAnnual report
「Because the company recognizes revenue from real estate sales primarily based on deliveries, revenue is uneven depending on the timing of deliveries. Due to the characteristics of the real estate industry, deliveries are more frequent in the second half than in the first half, and revenue also tends to be higher in the second half.」
The company continues to explain the seasonality of deliveries and revenue being concentrated in the second half rather than the first half under the delivery-based recognition method. - FY2022RestatedAnnual report
「Sales and profits tend to be concentrated in the fourth quarter. To address this, the company is promoting initiatives to avoid the concentration of sales and profits by conducting active sales activities throughout the year, diversifying its sales destinations, starting contract negotiations earlier, and supplying products steadily throughout the year by spreading out completion timings.」
The company continues to state that sales and profits are concentrated in the fourth quarter and describes measures to avoid this by diversifying sales destinations, starting contract negotiations earlier and spreading out completion timings. - FY2022-Q3RestatedAnnual report
「Due to the characteristics of the real estate industry, deliveries are more frequent in the second half than in the first half, and revenue also tends to be higher in the second half.」
The company continues to explain the seasonality of real estate sales, with deliveries and revenue tending to be higher in the second half. - FY2022-Q1Seasonality reorganized around the second halfAnnual report
「In addition, due to the nature of the real estate industry, the company's operating results tend to generate higher revenue in the second half.」
The company has reorganized its explanation of seasonality from the previous concentration in the third and fourth quarters or the fourth quarter to a tendency for revenue to be higher in the second half. - FY2021Fourth-quarter concentration and explicit leveling measuresAnnual report
「Regarding seasonal fluctuations, sales and profits tend to be concentrated in the fourth quarter because financial institutions providing real estate financing and real estate brokerage companies become more active toward the end of the fiscal year, increasing the number of customers making related purchases. To address this, the company is promoting initiatives to avoid the concentration of sales and profits by conducting active sales activities throughout the year, diversifying its sales destinations, starting contract negotiations earlier, and supplying products steadily throughout the year by spreading out completion timings.」
In addition to the previous explanation that revenue is higher in the third and fourth quarters, the company specifies the concentration of sales and profit in the fourth quarter and describes measures to avoid it by diversifying sales destinations, starting contract negotiations earlier and spreading out completion timings. - FY2021-Q1RestatedAnnual report
「In addition, due to the nature of the real estate industry, the company's operating results tend to generate higher revenue in the third and fourth quarterly accounting periods, when rental demand becomes more active.」
The company continues to state that revenue is higher in the third and fourth quarters as a seasonal trend. - FY2020RestatedAnnual report
「The timing of property handovers may result in earnings concentration in particular periods, including shifts between fiscal periods.」
The company continues to state that the concentration and timing shifts in revenue recognition caused by delivery timing are characteristics and risks of the business during the fiscal year. - FY2020-Q2RestatedAnnual report
「In addition, due to the nature of the real estate industry, the company's operating results tend to generate higher revenue in the third and fourth quarterly accounting periods, when rental demand becomes more active.」
The company continues to state that revenue is higher in the third and fourth quarters as a seasonal trend. - FY2020-Q1RestatedAnnual report
「In addition, due to the nature of the real estate industry, the company's operating results tend to generate higher revenue in the third and fourth quarterly accounting periods, when rental demand becomes more active.」
The company continues to state that revenue is higher in the third and fourth quarters as a seasonal trend. - FY2019RestatedAnnual report
「The timing of property handovers may result in earnings concentration in particular periods, including shifts between fiscal periods.」
The company explains from a risk perspective, in addition to the conventional quarterly seasonality, that results are uneven due to the timing of deliveries. - FY2019-Q3RestatedAnnual report
「In addition, due to the nature of the real estate industry, the company's operating results tend to generate higher revenue in the third and fourth quarterly accounting periods, when rental demand becomes more active.」
The company continues to state that revenue is higher in the third and fourth quarters as a seasonal trend. - FY2019-Q2RestatedAnnual report
「In addition, due to the nature of the real estate industry, the company's operating results tend to generate higher revenue in the third and fourth quarterly accounting periods, when rental demand becomes more active.」
The company continues to state that revenue is higher in the third and fourth quarters as a seasonal trend. - FY2019-Q1First statedAnnual report
「Due to the nature of the real estate industry, the company's operating results tend to generate higher revenue in the third and fourth quarterly accounting periods, when rental demand becomes more active.」
The company explains as a business characteristic that revenue tends to be higher in the third and fourth quarters due to stronger rental demand.