Deterioration in project profitability due to fluctuations in acceptance timing and increased workload
First written in FY2016. 5 of 7 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2025-H1.
Yrglm moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 7 of 13 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2025-H1MaterialisedAnnual report
「Provision for losses on contracts 408 149」
The provision for losses on contracts decreased from ¥408 thousand at the fiscal year-end to ¥149 thousand at the interim period-end, while the risk of deteriorating profitability on contract development projects continues to be recognized as a provision. - FY2024MaterialisedAnnual report
「Provision for losses on contracts 408」
A provision for losses on contracts of ¥408 thousand was recognized, indicating that the risk of deteriorating profitability on contract e-commerce development projects continues to materialize. - FY2024-Q2MaterialisedAnnual report
「Provision for losses on contracts 610」
A provision for losses on contracts of ¥610 thousand was recognized, indicating that the risk of deteriorating profitability on contract e-commerce development projects continues to materialize. - FY2023-Q3MaterialisedAnnual report
「Provision for losses on construction contracts 310」
A provision for losses on construction contracts of ¥310 thousand was recognized, indicating that the risk of deteriorating profitability on contract e-commerce development projects continues to materialize as a provision. - FY2023-Q2MaterialisedAnnual report
「Provision for losses on construction contracts 2,148」
A provision for losses on construction contracts of ¥2.148 million was recognized, indicating that the risk of deteriorating profitability on contract development projects has materialized as a provision. - FY2022RestatedAnnual report
「For contract development of e-commerce systems, progress, costs and other matters are managed on a project-by-project basis. However, delays in work progress from the initial plan or unforeseen costs may arise for various reasons, causing profitability to deteriorate.」
The risk of deteriorating profitability in contract e-commerce development due to delays in progress and unforeseen costs has been reconfirmed. - FY2016First statedAnnual report
「Changes in the timing of customer acceptance may change the timing of revenue recognition, which could affect the performance of our group.」
For contract development projects in which revenue is recognized based on customer acceptance, changes in the recognition timing due to delivery schedule changes and deterioration in profitability due to unforeseen work hours are disclosed.