Performance Weighted Toward the Second Half
First written in FY2016. 18 of 19 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2024: 4 of 13 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Because the Group develops software and builds systems for corporate customers, budgets are finalised at the beginning of the fiscal year and the Group completes its products and other deliverables within that fiscal year. As a result, acceptance periods tend to be concentrated in the second half. Accordingly, if delays in acceptance postpone the timing of revenue recognition, the Group’s business and operating performance could be affected.」
The Company continues to face a structure in which acceptance of software development and system construction projects is concentrated in the second half, along with the risk that delays could postpone revenue recognition. - FY2024-Q2RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based licence revenue billed monthly is the main source of sales and acceptance of flow-based customised sales tends to be concentrated in the second half, among other reasons.」
The Company reaffirmed the structure in which revenue is weighted toward the second half because monthly subscription-based licence revenue is the main source of sales and acceptance of customised sales is concentrated in the second half. - FY2024-Q1RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based licence revenue billed monthly is the main source of sales and acceptance of flow-based customised sales tends to be concentrated in the second half, among other reasons.」
The Company reaffirmed the structure in which revenue is weighted toward the second half because monthly subscription-based licence revenue is the main source of sales and acceptance of customised sales is concentrated in the second half. - FY2023-Q3RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based licence revenue billed monthly is the main source of sales and acceptance of flow-based customised sales tends to be concentrated in the second half, among other reasons.」
The Company reaffirmed the structure in which revenue is weighted toward the second half because monthly subscription-based licence revenue is the main source of sales and acceptance of customised sales is concentrated in the second half. - FY2023-Q2RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based licence revenue billed monthly is the main source of sales and acceptance of flow-based customised sales tends to be concentrated in the second half, among other reasons.」
The Company reaffirmed the structure in which revenue is weighted toward the second half because monthly subscription-based licence revenue is the main source of sales and acceptance of customised sales is concentrated in the second half. - FY2022RestatedAnnual report
「Because the Group develops software and builds systems for corporate customers, budgets are finalised at the beginning of the fiscal year and the Group completes its products and other deliverables within that fiscal year. As a result, acceptance periods tend to be concentrated in the second half.」
The Company continues to disclose the second-half concentration of acceptance periods and the risk that revenue recognition may be postponed due to delays in acceptance. - FY2022-Q3RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based licence revenue billed monthly is the main source of sales and acceptance of flow-based customised sales tends to be concentrated in the second half, among other reasons.」
The Company reaffirmed the structure in which revenue is weighted toward the second half because monthly subscription-based licence revenue is the main source of sales and acceptance of customised sales is concentrated in the second half. - FY2022-Q2RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based revenue is the main source of sales and acceptance of flow-based customised revenue tends to be concentrated in the second half, among other reasons.」
The Company reaffirmed the structure in which revenue is weighted toward the second half because subscription-based sales are the main source of revenue and acceptance of flow-based customised revenue is concentrated in the second half. - FY2022-Q1RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based licence revenue accounts for approximately 80% of sales and acceptance of flow-based customised revenue tends to be concentrated in the second half, among other reasons.」
The Company reaffirmed the structure in which revenue is weighted toward the second half because subscription-based licence revenue accounts for approximately 80% of sales and acceptance of customised revenue is concentrated in the second half. - FY2021RestatedAnnual report
「Because the Group develops software and builds systems for corporate customers, budgets are finalised at the beginning of the fiscal year and the Group completes its products and other deliverables within that fiscal year. As a result, acceptance periods tend to be concentrated in the second half.」
The Company continues to disclose the second-half concentration of acceptance periods and the risk that revenue recognition may be postponed if acceptance is delayed. - FY2021-Q3RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based licence revenue accounts for approximately 80% of sales and acceptance of flow-based customised revenue tends to be concentrated in the second half, among other reasons.」
The Company reaffirmed the second-half weighting resulting from subscription-based licence revenue accounting for approximately 80% of sales and acceptance of customised revenue being concentrated in the second half. - FY2021-Q2RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based licence revenue accounts for approximately 80% of sales and acceptance of flow-based customised revenue tends to be concentrated in the second half, among other reasons.」
The Company explained the second-half weighting as resulting from subscription-based licence revenue accounting for approximately 80% of sales and acceptance of customised revenue being concentrated in the second half. - FY2021-Q1RestatedAnnual report
「The Group’s revenue is weighted toward the second half because subscription-based licence revenue is the main source of sales and acceptance of flow-based customised revenue tends to be concentrated in the second half, among other reasons.」
The Company reaffirmed the second-half weighting of revenue resulting from subscription-based licence revenue and the timing of acceptance for customised revenue. - FY2019RestatedAnnual report
「Because the Company develops software and builds systems for corporate customers, budgets are finalised at the beginning of the fiscal year and the Company completes its products and other deliverables within that fiscal year. As a result, acceptance periods tend to be concentrated in the second half. In some cases, customers also purchase licences in a lump sum in the second half to use their budgets for the fiscal year.」
The Company continues to disclose the tendency for acceptance periods and lump-sum licence purchases to be concentrated in the second half. - FY2019-Q3RestatedAnnual report
「The Company’s revenue is weighted toward the second half because subscription-based licence revenue, billed monthly, is the main source of sales and acceptance of flow-based customised sales tends to be concentrated in the second half. Both revenue and profit were in line with plan in the third quarter, and there was no impact whatsoever on the earnings forecast.」
The Company reaffirmed the structural second-half weighting resulting from monthly subscription revenue and the timing of acceptance for customised sales, and explained that third-quarter progress was in line with plan. - FY2019-Q2RestatedAnnual report
「The Company’s revenue is weighted toward the second half because subscription-based licence revenue, billed monthly, is the main source of sales and acceptance of flow-based customised sales tends to be concentrated in the second half. Both revenue and profit were in line with plan in the second quarter, and there was no impact whatsoever on the earnings forecast.」
The Company reaffirmed the structural second-half weighting resulting from monthly subscription revenue and the timing of acceptance for customised sales, and explained that second-quarter revenue and profit were in line with plan. - FY2019-Q1RestatedAnnual report
「The Company’s revenue structure is weighted toward the second half because subscription-based licence revenue is the main source of sales. Accordingly, both revenue and profit were in line with plan in the first quarter, and there was no impact whatsoever on the earnings forecast.」
The Company reaffirmed that subscription-based licence revenue creates a second-half weighting, and stated that first-quarter revenue and profit were in line with plan, with no impact on the earnings forecast. - FY2018RestatedAnnual report
「Because the Company develops software and builds systems for corporate customers, budgets are finalised at the beginning of the fiscal year and the Company completes its products and other deliverables within that fiscal year. As a result, acceptance periods tend to be concentrated in the second half. In some cases, customers also purchase licences in a lump sum in the second half to use their budgets for the fiscal year.」
The Company continues to disclose the tendency for acceptance periods and licence purchases to be concentrated in the second half. - FY2016First statedAnnual report
「Because the Company develops software and builds systems for corporate customers, budgets are finalised at the beginning of the fiscal year and the Company completes its products and other deliverables within that fiscal year. As a result, acceptance periods tend to be concentrated in the second half.」
The Company has disclosed that acceptance periods and corporate customers’ year-end budget spending are concentrated in the second half, and that delays in acceptance or a decline in last-minute demand could affect its operating performance.