Seasonality in Corporate Products and the Travel Business
First written in FY2016. 9 of 10 entries say "Restated". Latest entry: FY2024-Q2.
No other company in this theme has enough history to compare yet.
- FY2024-Q2RestatedAnnual report
「The increase in notes and accounts receivable and contract assets was due mainly to an increase in March sales, as March is the year-end for many companies and local governments.」
The company reaffirms the seasonal and timing-related increase in sales in March, which is the year-end for companies and local governments. - FY2019RestatedAnnual report
「Sales of the corporate version of the route-planning service tend to fluctuate seasonally due to the impact of customers' fiscal year-ends. Demand in the travel-related business also tends to fluctuate significantly by season.」
The company reiterates the annual seasonality arising from corporate customers' fiscal year-ends and travel demand. - FY2019-Q3RestatedAnnual report
「The increase in advances was due mainly to an increase in advances related to travel-related purchases as a result of higher transaction volumes and seasonal factors.」
The company describes the increase in advances due to higher travel-related transaction volumes and seasonal factors, reaffirming the seasonality of the travel-related business. - FY2019-Q2RestatedAnnual report
「The increase in notes and accounts receivable was due mainly to an increase in March sales, as March is the year-end for many companies and local governments. The increase in advances was due mainly to an increase in advances related to travel-related purchases.」
The company reaffirms the increase in March sales, as March is the year-end for companies and local governments, and the increase in advances due to the seasonality of travel-related purchases. - FY2018RestatedAnnual report
「Sales of the corporate version of the route-planning service tend to fluctuate seasonally due to the impact of customers' fiscal year-ends. Demand in the travel-related business also tends to fluctuate significantly by season.」
The company reiterates the annual seasonality arising from corporate customers' fiscal year-ends and travel demand. - FY2018-Q3RestatedAnnual report
「The increase in advances was due mainly to an increase in advances related to travel-related purchases as a result of seasonal factors. The decrease in notes and accounts receivable was due mainly to the fact that, as a seasonal trend, sales in the third-quarter consolidated accounting period are relatively low.」
The company reaffirms the seasonality of travel-related purchases, sales and receivables. - FY2018-Q2RestatedAnnual report
「The increase in notes and accounts receivable was due mainly to an increase in March sales, as March is the year-end for many companies and local governments.」
The company reaffirms the timing-related increase in sales in March, which is the year-end for companies and local governments. - FY2018-Q1RestatedAnnual report
「Orders and other activity in the corporate business proceeded steadily, but deliveries and other activity tend to be concentrated in the second-quarter consolidated accounting period」
The company specifically describes the seasonal and timing-related concentration of orders and deliveries in the corporate business. - FY2017-Q3RestatedAnnual report
「The increase in advances was due mainly to an increase in advances related to travel-related purchases as a result of seasonal factors. The decrease in notes and accounts receivable was due mainly to the fact that, as a seasonal trend, sales in the third-quarter consolidated accounting period are relatively low.」
The company reaffirms the seasonality of travel-related purchases, sales and receivables. - FY2016First statedAnnual report
「Sales of the corporate version of the route-planning service tend to fluctuate seasonally due to the impact of customers' fiscal year-ends. Demand in the travel-related business also tends to fluctuate significantly by season.」
Seasonality in corporate customers' fiscal year-ends and travel demand may cause quarterly fluctuations in financial position and operating results.