Revenue estimation risk for contracts with performance obligations satisfied over time
First written in FY2024. 1 of 2 entries say "Worsened", first in FY2025. Latest entry: FY2025.
Cyberlinks moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2026: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Amounts recognized in the consolidated financial statements for the current consolidated fiscal year」
Revenue from incomplete performance obligations recognized based on the percentage of completion increased from ¥1,366 million to ¥2,327 million, expanding the amount subject to revenue recognition risk arising from estimated total costs, specification changes and other factors. - FY2024First statedAnnual report
「Recognizing revenue based on the percentage of completion requires calculating the estimated total costs based on the labor hours required to complete each project. Because specifications and construction periods vary from project to project, if changes in specifications or unforeseen events during the work cause fluctuations in the estimated total costs, this may affect the calculation of the percentage of completion and could have a material impact on the amount of revenue recognized in the consolidated financial statements for the following consolidated fiscal year and beyond.」
Newly stated that, for customization, implementation support and construction contracts, changes in estimated total costs and the percentage of completion could have a material impact on revenue in the following fiscal year and beyond. Revenue recognized based on the percentage of completion in the current fiscal year was ¥1,366 million.