Longer collection periods for trade receivables and working capital requirements arising from long-term projects
First written in FY2016. 10 of 11 entries say "Restated". Latest entry: FY2020.
1 other company's latest entry also says "Restated".
- FY2020RestatedAnnual report
「Some projects take several months to approximately one year from order receipt to collection of trade receivables.」
The company continues to disclose longer collection periods for receivables and working capital requirements arising from long-term projects. - FY2020-Q3RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to longer collection periods for trade receivables and working capital requirements arising from long-term projects. - FY2019-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to longer collection periods for trade receivables and working capital requirements arising from long-term projects. - FY2018RestatedAnnual report
「In the Group's core advertising and video production business, some projects take several months to approximately one year from order receipt to collection of trade receivables.」
The company continues to disclose longer collection periods for receivables and working capital requirements arising from long-term projects. - FY2018-Q4RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to longer collection periods for trade receivables and working capital requirements arising from long-term projects. - FY2018-Q3RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to longer collection periods for trade receivables and working capital requirements arising from long-term projects. - FY2018-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to longer collection periods for trade receivables and working capital requirements arising from long-term projects. - FY2017-Q4RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to longer collection periods for trade receivables and working capital requirements arising from long-term projects. - FY2017-Q3RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to longer collection periods for trade receivables and working capital requirements arising from long-term projects. - FY2017-Q2RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are considered to have occurred with respect to longer collection periods for trade receivables and working capital requirements arising from long-term projects. - FY2016First statedAnnual report
「In our core advertising and video production business, some projects take several months to approximately one year from order receipt to collection of trade receivables.」
The company cites the possibility that large, long-term projects such as films may extend collection periods and temporarily increase working capital requirements.