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iRidge (3917) · FactAdvanced

Increase in Work-in-Process Inventory and Project Releases from the Second Quarter Onward

First written in FY2018-Q3. 11 of 16 entries say "Advanced", first in FY2018-Q4. Latest entry: FY2025-H1.

16entries
8years
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ProgressHeldSoftenedWorseAdvancedFY2018-Q4 – FY2021-Q1ReframedFY2023-Q2 – FY2024-Q1AdvancedFY2024-Q3 – FY2025-H12017: 12018: 120182019: 320192020: 320202021: 220212022: 320222023: 120232024: 22024
Same theme, other companies
Increase in Merchandise and Work-in-Process InventoriesA theme 39 companies write about · 5 as a headwind · 5 as a tailwind

4 other companies' latest entry also says "Advanced".

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 39 companies compared. The sentences above are computed from all 39.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1AdvancedAnnual report

    「Total assets at the end of the interim consolidated accounting period were ¥5,274.379 million, down ¥227.377 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥36.854 million increase in work in progress, offset by decreases of ¥404.796 million in cash and deposits and ¥160.467 million in notes and accounts receivable, among other factors.」

    Work in progress increased by ¥36.854 million from the end of the previous consolidated fiscal year, bringing the balance to ¥58.420 million. Work related to project development continues to accumulate again.
  2. FY2024-Q3AdvancedAnnual report

    「Work in progress 14,133 74,781」

    The balance of work in progress increased from ¥14.133 million at the end of the previous consolidated fiscal year to ¥74.781 million at the end of the third quarter, continuing the shift from the decline phase that lasted through FY2022 toward renewed accumulation.
  3. FY2024-Q1ReframedAnnual report

    「Work in progress 14,133 31,922」

    The balance of work in progress increased from ¥14.133 million at the end of the previous consolidated fiscal year to ¥31.922 million at the end of the first quarter, shifting again toward accumulation after the decline phase that continued through FY2022.
  4. FY2023-Q2ReframedAnnual report

    「Work in progress 19,682 36,644」

    Work in progress increased from ¥19.682 million at the end of the previous consolidated fiscal year to ¥36.644 million at the end of the second quarter, marking a shift from the decline phase that continued through FY2022 to renewed accumulation.
  5. FY2022AdvancedAnnual report

    「This was mainly due to a ¥360.749 million increase in notes and accounts receivable and a ¥120.883 million increase in contract assets following a change in accounting policy, partly offset by a ¥108.923 million decrease in work in progress, among other factors.」

    Accumulated work in progress decreased from ¥128.605 million at the end of the previous consolidated fiscal year to ¥19.682 million, indicating a substantial reduction in work on projects under development.
  6. FY2022-Q3AdvancedAnnual report

    「This was mainly due to increases of ¥111.388 million in notes and accounts receivable and ¥305.271 million in contract assets following a change in accounting policy, partly offset by decreases of ¥155.272 million in cash and deposits and ¥92.595 million in work in progress, among other factors.」

    Work in progress decreased by ¥92.595 million from the end of the previous consolidated fiscal year, bringing the balance to ¥36.010 million. Work in progress on projects under development, which had previously accumulated, has declined further.
  7. FY2022-Q2ReframedAnnual report

    「This was mainly due to increases of ¥92.638 million in notes and accounts receivable and ¥241.311 million in contract assets following a change in accounting policy, partly offset by decreases of ¥324.534 million in cash and deposits and ¥98.541 million in work in progress, among other factors.」

    Work in progress, which had previously been tracked as accumulating, decreased by ¥98.541 million from the end of the previous consolidated fiscal year to ¥30.063 million, indicating a shift toward a decline in project work in progress.
  8. FY2022-Q1AdvancedAnnual report

    「This was mainly due to a ¥107.303 million increase in contract assets following a change in accounting policy, together with decreases of ¥111.395 million in cash and deposits, ¥98.844 million in notes and accounts receivable, and ¥106.258 million in work in progress, among other factors.」

    Work in progress decreased by ¥106.258 million from the end of the previous consolidated fiscal year, bringing the balance to ¥22.347 million. It has moved from the previous accumulation phase into a further reduction phase.
  9. FY2021-Q2ReframedAnnual report

    「This was mainly due to a ¥315.370 million increase in cash and deposits, decreases of ¥322.648 million in notes and accounts receivable and ¥26.962 million in work in progress, and a ¥26.724 million decrease in goodwill due to amortization, among other factors.」

    Work in progress, which had previously been tracked as increasing and accumulating, decreased by ¥26.962 million from the end of the previous consolidated fiscal year to ¥118.823 million.
  10. FY2021-Q1AdvancedAnnual report

    「Work in progress 145,785 154,630」

    The balance of work in progress increased from ¥145.785 million at the end of the previous consolidated fiscal year to ¥154.630 million at the end of the first quarter, indicating further accumulation of work on projects under development.
  11. FY2020-Q3AdvancedAnnual report

    「In addition, as of the end of the third quarter, the consolidated balance of work in progress had accumulated to approximately twice the level at the end of December of the previous year, and projects are progressing steadily toward March, when sales are typically at their highest.」

    The balance of work in progress had accumulated to approximately twice the level at the end of December of the previous year, indicating further progress in projects toward revenue recognition in March.
  12. FY2020-Q2AdvancedAnnual report

    「In addition, as of the end of the second quarter, the consolidated balance of work in progress had accumulated to approximately twice the level at the end of September of the previous year, and projects are progressing steadily toward March, when sales are typically at their highest.」

    The balance of work in progress had accumulated to approximately twice the level at the end of September of the previous year, and projects are progressing toward March, when sales are typically at their highest.
  13. FY2020-Q1AdvancedAnnual report

    「Work in progress for development projects commissioned by customers increased by ¥196.965 million」

    Work in progress for development projects commissioned by customers increased by ¥196.965 million from the end of the previous consolidated fiscal year, bringing the balance to ¥281.749 million. Work is continuing to accumulate in preparation for the release of large-scale projects.
  14. FY2019-Q4AdvancedAnnual report

    「Work in progress: ¥138.757 million」

    The balance of work in progress increased from the previously reported ¥34.595 million to ¥138.757 million, indicating further accumulation of work on projects under development.
  15. FY2018-Q4AdvancedAnnual report

    「This was mainly due to a ¥136.386 million decrease in cash and deposits, a ¥35.845 million increase in accounts receivable, and a ¥33.004 million increase in work in progress.」

    Work in progress increased by ¥33.004 million from the end of the previous fiscal year, as work accumulated in preparation for project development and releases.
  16. FY2018-Q3First statedAnnual report

    「As of the end of the first quarter accounting period, the balance of work in progress was ¥34.595 million, up 69.8% year on year, compared with ¥20.368 million at the end of the same quarter of the previous year. Development is progressing toward project releases from the second quarter onward.」

    The balance of work in progress was ¥34.595 million, up 69.8% year on year, newly indicating that development is progressing toward project releases from the second quarter onward.
Moved together

"Revenue growth alongside declining profit" moved the same way as this thread, in the same document, in 9 of its 16 moves.

987554★123456
  1. ★This thread
  2. 1Revenue growth alongside declining profit9×
  3. 2Securing stable recurring revenue through the accumulation of monthly fees8×
  4. 3Revenue Model Combining Monthly Fees with App Development and Consulting7×
  5. 4Building a Stable Growth Platform by Increasing the Proportion of Revenue from Own Services5×
  6. 5Dilution of equity value resulting from the exercise of stock acquisition rights5×
  7. 6Expanding the Customer Base Through Support for Existing Customers and New Orders4×

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Increase in Work-in-Process Inventory and Project Releases from the Second Quarter Onward | iRidge,Inc. (3917) | Komori