Risk of performance fluctuations due to estimates of the percentage of completion for made-to-order software
First written in FY2022. 5 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2022: 1 of 9 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim accounting period, there were no new business risks or significant changes to the business risks described in the Securities Report for the previous fiscal year.」
The company stated that there were no new occurrences or material changes regarding the risk of earnings fluctuations due to revisions to estimates of the progress of customer-ordered software and total costs. - FY2024RestatedAnnual report
「Revisions to the estimated total costs for individual contracts may cause fluctuations in the company’s performance.」
The company continues to disclose the risk of earnings fluctuations due to revisions to estimates of the progress of customer-ordered software and total costs. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company stated that there were no new occurrences or material changes regarding the risk of earnings fluctuations due to revisions to estimates of the progress of customer-ordered software and total costs. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company stated that there were no new occurrences or material changes regarding the risk of earnings fluctuations due to revisions to estimates of the progress of customer-ordered software and total costs. - FY2023RestatedAnnual report
「Revenue is recognized according to the degree of progress, based on reliable estimates for each individual contract of the degree of progress at the reporting date. Accordingly, revisions to the estimated total costs for individual contracts may cause fluctuations in the company’s performance.」
The company continues to disclose the risk of earnings fluctuations due to revisions to estimates of the progress of customer-ordered software and total costs. - FY2022First statedAnnual report
「Revenue is recognized according to the degree of progress, based on reliable estimates for each individual contract of the degree of progress at the reporting date. Accordingly, revisions to the estimated total costs for individual contracts may cause fluctuations in the company’s performance.」
In connection with the application of the Revenue Recognition Accounting Standard, the company disclosed as a significant accounting estimate the possibility that revisions to estimates of the progress of customer-ordered software and total costs may cause fluctuations in performance.