Komori
Intramart (3850) · RiskRestated

Concentration of Revenue Recognition at Quarter-End and Fiscal Year-End

First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2020.

4entries
4years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2017WorsenedFY2018RestatedFY2019 – FY20202017: 120172018: 120182019: 120192020: 12020
Same theme, other companies
Fiscal year-end concentration of revenue recognition associated with customers' fiscal year-endA theme 31 companies write about · 30 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 4 of 23 companies on the "Worse" side.

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

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 31 companies compared. The sentences above are computed from all 31.
Full recordFilings, disclosures and news, newest first
  1. FY2020RestatedAnnual report

    「The Group's sales tend to be weighted toward the second quarter and thereafter. In contrast, fixed costs such as personnel expenses and rent, which account for a substantial portion of operating expenses, are incurred every month. As a result, profitability in the first quarter tends to be lower than in other quarters, increasing the likelihood of recording an operating loss in the first quarter compared with other quarters.」

    The weighting of sales toward the second quarter and thereafter and the possibility of recording an operating loss in the first quarter continue to be disclosed.
  2. FY2019RestatedAnnual report

    「The Group's sales tend to be weighted toward the second quarter and thereafter. In contrast, fixed costs such as personnel expenses and rent, which account for a substantial portion of operating expenses, are incurred every month. As a result, profitability in the first quarter tends to be lower than in other quarters, increasing the likelihood of recording an operating loss in the first quarter compared with other quarters.」

    The weighting of sales toward the second quarter and thereafter and the possibility of recording an operating loss in the first quarter continue to be disclosed as seasonal risks.
  3. FY2018WorsenedAnnual report

    「The Group's sales tend to be weighted toward the second quarter and thereafter. In contrast, fixed costs such as personnel expenses and rent, which account for a substantial portion of operating expenses, are incurred every month. As a result, profitability in the first quarter tends to be lower than in other quarters, increasing the likelihood of recording an operating loss in the first quarter compared with other quarters.」

    In addition to the concentration of sales in September and March, the disclosure specifies the weighting toward the second quarter and thereafter and the possibility of recording an operating loss in the first quarter, providing greater detail on the downside from seasonality.
  4. FY2017First statedAnnual report

    「The timing of the Group's revenue recognition tends to be concentrated at quarter-end, particularly in September and March. As a result, the Group's annual sales are not evenly distributed.」

    The disclosure states that implementations aligned with end users' fiscal-year start dates lead to sales recognition being concentrated in September and March, which may result in lower profitability in the first quarter.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Intramart's next results are scheduled for 2026-10-28. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Concentration of Revenue Recognition at Quarter-End and Fiscal Year-End | INTRAMART CORPORATION (3850) | Komori