Shift in the Timing of Revenue Recognition Due to Delayed Delivery of Customized Orders
First written in FY2017-Q1. 4 of 16 entries say "Mitigated", first in FY2017. Latest entry: FY2024.
Scat moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「In addition, cancellations immediately before delivery by large users for customer-related reasons resulted in all products and licenses that could not be repurposed, as well as work in progress on customization, being recognized as losses.」
Regarding the longstanding issue of delivery delays and shifts in the timing of revenue recognition, a large user cancelled immediately before delivery in the fiscal year ending October 2024, resulting in losses on products, licenses and customization work in progress that could not be repurposed. - FY2023AdvancedAnnual report
「Deliveries to large users that had been postponed due to product shortages caused by the semiconductor shortage are progressing according to plan.」
Regarding the longstanding issue of delivery delays to large users caused by the semiconductor shortage, deliveries have progressed to the stage of being carried out according to plan during the fiscal year. - FY2023-Q3AdvancedAnnual report
「Deliveries to large users that had been postponed due to product shortages caused by the semiconductor shortage are progressing according to plan and are expected to be completed during the current fiscal year.」
Deliveries to large users that had been postponed due to the semiconductor shortage are progressing according to plan and are expected to be completed during the current fiscal year. - FY2023-Q2MitigatedAnnual report
「In addition to strong orders, deliveries to large users that had been postponed due to product shortages caused by the semiconductor shortage and deliveries to users selected for the 2022 IT introduction subsidies are gradually progressing and are expected to be completed during the current fiscal year. The company was also selected as an IT introduction support provider for fiscal 2023 and has secured orders from users selected for the 2023 IT introduction subsidies, supporting expectations for steady growth.」
Deliveries to large users that had been postponed due to the semiconductor shortage are gradually progressing and are expected to be completed during the current fiscal year. Deliveries to users selected for subsidies are also progressing. - FY2023-Q1WorsenedAnnual report
「Segment profit declined year on year due to the expiration of COVID-related subsidies and other support through the fiscal year ending October 2022. However, segment profit is expected to continue growing steadily, supported by strong orders, the fact that 81 users selected for IT introduction subsidies are scheduled for delivery, and the expected completion from the second quarter onward of deliveries to large users that had been postponed due to product shortages caused by the semiconductor shortage.」
Product shortages caused by the semiconductor shortage led to delivery postponements for large users. Meanwhile, deliveries to 81 users selected for IT introduction subsidies and the postponed projects are expected to be completed from the second quarter onward. - FY2020-Q2WorsenedAnnual report
「There were also a considerable number of requests from customers with confirmed orders to postpone delivery.」
Customers with confirmed orders requested delivery postponements due to the impact of COVID-19. - FY2019MitigatedAnnual report
「The system sales management system for beauty distributors (i-SCAP/Ex) was delivered as scheduled in September, before the consumption tax changes, including the backlog of large customized orders whose deliveries had been delayed. The systems development division operated at full capacity and achieved the planned results.」
For large customized projects whose deliveries had been delayed, the development division operated at full capacity and delivered them as scheduled in September, before the consumption tax changes. - FY2019-Q3MitigatedAnnual report
「Beauty salon systems and sales management systems ordered in the first half were delivered and accepted as customization was completed for each project, resulting in recorded sales. We are further strengthening our delivery operations in preparation for the consumption tax increase starting in October.」
For projects ordered in the first half, those with completed customization progressed through delivery, acceptance and revenue recognition, and measures are being taken to address shifts in the timing of revenue recognition caused by delivery delays. Delivery operations are also being strengthened. - FY2019-Q2Lengthening sales cycles due to subsidy applicationsAnnual report
「Many customers wish to apply for subsidies when replacing equipment, and sales discussions have consequently tended to take longer.」
The company identifies increased demand for subsidy applications as a new factor extending sales discussions for replacement projects and affecting the timing of sales and deliveries. - FY2019-Q1Delivery delay for an exceptionally large project due to customer circumstancesAnnual report
「An exceptionally large project for which delivery preparations had been completed in the previous fiscal year and which was scheduled for delivery during the cumulative first quarter under review was postponed at the customer's request, resulting in a major earnings setback.」
In addition to the traditional effects of the busy season, customization and natural disasters, delivery of an exceptionally large project was postponed due to customer circumstances, affecting earnings for the quarter. - FY2018Delivery delays caused by natural disasters and other factorsAnnual report
「In the second half of the fiscal year, from May through October, revenue recognition was deferred due to delivery postponements and other factors, including the effects of natural disasters.」
In addition to the traditional effects of the busy season and customization, the company cites delivery delays caused by natural disasters and other factors in the second half, which deferred revenue recognition. - FY2018-Q1Implementation delays caused by the busy seasonAnnual report
「Because late December through mid-January is the busy season for the beauty salon industry, full-scale implementation of our products for customers has been postponed until February or later.」
Because of the busy season in the beauty salon industry, full-scale implementation of products for customers was postponed until February or later. - FY2017MitigatedAnnual report
「In addition, most of the large projects whose deliveries had been held up by software customization and other factors were recorded as sales in the fourth quarter.」
Regarding delivery delays and shifts in the timing of revenue recognition caused by customization, most of the large projects that had been held up were recognized as revenue in the fourth quarter, partially resolving the issue. - FY2017-Q3Expanded measures to address requests for earlier implementationAnnual report
「Regarding deliveries and sales, we are making every effort to respond to customers' requests for early implementation through software customization and kitting and setup, including alliances with other software companies for outsourcing.」
To address the longstanding issue of delivery timing for customized projects, the company is strengthening its response, including alliances with other companies and kitting and setup. - FY2017-Q2RestatedAnnual report
「Sales of systems for beauty distributors have been growing steadily, although customization has extended delivery lead times.」
The company explains that deliveries of customized projects for beauty distributors continue to be delayed, while sales are growing. - FY2017-Q1First statedAnnual report
「Replacement sales to existing customers were below the annual average number of units. For orders involving customization, delivery was postponed because the projects coincided with the busy season for beauty salons and beauty distributors, delaying the timing of revenue recognition.」
Replacement sales to existing customers were sluggish, while delivery delays for customized projects that coincided with the busy season affected the timing of revenue recognition.