Quarterly earnings fluctuations due to the timing of EV charger installations and seasonal factors
First written in FY2022. 2 of 5 entries say "Reframed", first in 2026-05-15. Latest entry: 2026-07-17.
The whole theme swung hardest in 2020: 10 of 32 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- 2026-07-17AdvancedEarnings presentation
「For the fiscal year ending March 2027, as usual, the second and fourth quarters are expected to account for a larger proportion of results because electricity demand increases due to seasonality, resulting in a second-half weighting overall. We will update the outlook each quarter based on the latest conditions, taking into account variables such as changes in electricity use due to weather and electricity market prices.」
For the fiscal year ending March 2027, the company specifically presented a second-half-weighted outlook, with the second and fourth quarters carrying greater weight, and identified weather and electricity prices as sources of variability. - FY2026ReframedAnnual report
「Revenue and profit fluctuate significantly from quarter to quarter in the electricity switching support business due to seasonal factors such as the peak moving season and weather conditions, including mild winters and cool summers. In the SaaS and systems development business, quarterly revenue and profit tend to fluctuate significantly due to factors such as new feature releases and the concentration of promotional expenses in particular quarters.」
The risk was reorganized from the previous risk concerning fluctuations in EV charger installation timing to a company-wide earnings volatility risk that includes seasonality in electricity switching support and the concentration of releases and promotional activities in the SaaS and systems development businesses. - 2026-05-15ReframedEarnings presentationSuggests it is closing out
「Risks relating to the EV Charging Business were deleted」
The former parent-company risk disclosure concerning EV charger installation timing and seasonal factors was deleted, suggesting that the thread has ended. - FY2023-Q2WorsenedAnnual report
「In other words, because the period from our group receiving an order to installing the EV charger and recognizing hardware revenue depends on the progress of the subsidy application process, it takes at least approximately 3 months.」
The timing risk for revenue recognition associated with subsidy applications was quantified by specifying that at least approximately 3 months are required from receiving an order to installation and revenue recognition. - FY2022First statedAnnual report
「Revenue in the EV charging business may be concentrated in particular periods because the timing of EV charger installation work may be affected by government subsidy programs. Consequently, quarterly earnings fluctuate as the timing of recognizing revenue upon completion of installation work becomes concentrated in specific periods.」
A new risk was disclosed that variations in the timing of installation work eligible for subsidies may affect the timing of revenue recognition and quarterly earnings in the EV charging business.