Komori
ULS Group (3798) · RiskRestated

Impact on performance from delays in customer acceptance

First written in FY2016. 7 of 8 entries say "Restated". Latest entry: FY2025.

8entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20252016: 120162017: 120172018: 120182019: 020192020: 120202021: 020212022: 120222023: 120232024: 120242025: 12025
Same theme, other companies
Delayed Revenue Recognition Due to Changes in Service Delivery and Customer Acceptance TimingA theme 10 companies write about · 10 as a headwind · 0 as a tailwind

6 other companies' latest entry also says "Restated".

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Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「If acceptance is delayed, or is expected to be delayed, due to customer circumstances or other reasons, this may affect the operating results of our Group.」

    Under the revenue recognition accounting standard, the risk of performance being affected by delayed or expected-delayed acceptance inspections was reconfirmed.
  2. FY2024RestatedAnnual report

    「If acceptance is delayed, or is expected to be delayed, due to customer circumstances or other reasons, this may affect the operating results of our Group.」

    Under the revenue recognition accounting standard, the risk that delayed or expected-delayed acceptance inspections may affect performance was reconfirmed.
  3. FY2023RestatedAnnual report

    「If acceptance is delayed, or is expected to be delayed, due to customer circumstances or other reasons, this may affect the operating results of our Group.」

    Following the adoption of the revenue recognition accounting standard, the risk of performance being affected by delayed or expected-delayed acceptance inspections and the response through quality control were reconfirmed.
  4. FY2022RestatedAnnual report

    「The Group has established and operates strict internal rules for project quality management to ensure that customer acceptance is received as scheduled. However, if customer acceptance is delayed, or is expected to be delayed, for reasons attributable to the customer or otherwise, the Group's operating results may be affected.」

    Following the adoption of the revenue recognition accounting standard, the risk of performance being affected by delayed or expected-delayed acceptance inspections and the response through quality control were reiterated.
  5. FY2020RestatedAnnual report

    「The Group has established and operates strict internal rules for project and quality management to ensure that customer acceptance is received as scheduled. However, if customer acceptance is delayed for reasons attributable to the customer or otherwise, the Group's operating results may be affected.」

    The risk of delays in customer acceptance and the response under internal rules governing project and quality management were reiterated.
  6. FY2018RestatedAnnual report

    「The Group has established and operates strict internal rules for project and quality management to ensure that customer acceptance is received as scheduled. However, if customer acceptance is delayed for reasons attributable to the customer or otherwise, the Group's operating results may be affected.」

    The risk of delays in customer acceptance and the response under internal rules governing project and quality management were reiterated.
  7. FY2017RestatedAnnual report

    「The Group has established and operates strict internal rules for project and quality management to ensure that customer acceptance is received as scheduled. However, if customer acceptance is delayed for reasons attributable to the customer or otherwise, the Group's operating results may be affected.」

    The risk of delays in customer acceptance and the response under internal rules governing project and quality management were reiterated.
  8. FY2016First statedAnnual report

    「If customer acceptance is delayed for reasons attributable to the customer or otherwise, the Group's operating results may be affected.」

    Because customer acceptance is linked to revenue recognition under both the percentage-of-completion and completed-contract methods, delays are identified as a risk.
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