Quarterly Earnings Volatility from Depreciation of New and Upgraded Products
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019RestatedAnnual report
「Because the Company depreciates software associated with newly launched products over a relatively short period, the timing of their market launches may cause depreciation expenses in quarterly financial results to increase or decrease, potentially resulting in significant fluctuations in earnings for the quarter.」
Reiterates the risk of quarterly earnings fluctuations due to the timing of new and upgraded product launches and depreciation over a short period. - FY2018First statedAnnual report
「The Company continually invests in the development of new and upgraded products and introduces them to the market as they are completed. Because the Company depreciates software associated with newly introduced products over a relatively short period, the timing of market launches may cause quarterly depreciation expense to increase or decrease, potentially resulting in significant fluctuations in quarterly earnings.」
Identifies the potential for significant quarterly earnings fluctuations due to launch timing and relatively short depreciation periods for new products.