Concentration of Revenue in September and March and Risk of Delivery Delays
First written in FY2016. 4 of 9 entries say "Materialised", first in FY2024-Q3. Latest entry: FY2026.
Himacs moved to the "Worse" side of this theme in 2024, 1 year before the typical company in this theme (2025).
The whole theme swung hardest in 2024: 4 of 24 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「However, some of the projects for which orders had initially been expected were suspended, and their development schedules and scope were changed, against a backdrop that included changes in customers' investment policies. As a result, progress against the sales plan for the fiscal year was delayed.」
Against a backdrop of changes in customers' investment policies, projects were actually suspended and their development schedules and scope were changed, resulting in delays in progress against the sales plan. - 2026-04-23MaterialisedRevision of earnings forecasts
「Progress against the net sales plan was delayed because projects were suspended and development schedules and scopes were changed against the backdrop of changes in customers' investment policies and other factors.」
Project suspensions and changes to development schedules and scopes resulting from changes in customers' investment policies delayed progress against the net sales plan and became factors behind the downward revision to the earnings forecast. - FY2024MaterialisedAnnual report
「However, schedules were extended for some projects for which orders had been expected, and the transition to other projects also proved difficult. As a result, consolidated net sales were ¥17,357 million, below the initial plan and essentially flat, up 0.1% from the previous fiscal year.」
It was stated that schedules were extended for some projects for which orders had been expected, and that the transition to other projects also proved difficult, resulting in sales falling below the initial plan. - FY2024-Q3MaterialisedAnnual report
「Consolidated net sales were ¥13,004 million, down 0.2% from the same quarter of the previous year, due in part to the extension of development schedules for certain large-scale, long-term projects, which prevented us from securing the orders initially expected by the third quarter.」
As an event similar to the previously anticipated delays in delivery schedules and project progress, it was stated that the extension of development schedules for large-scale, long-term projects prevented the company from securing the initially expected orders by the third quarter. - FY2020DroppedAnnual report
「The principal matters relating to our group's business activities and other matters that are expected to have a material impact on investors' decisions are described below as potential risks.」
The FY2020 business and other risks do not include the previously disclosed items concerning the concentration of delivery deadlines in September and March, customers' fiscal year-end months, and delays in delivery and customer acceptance. - FY2019RestatedAnnual report
「In the system development business operated by our group, delivery deadlines tend to be concentrated in September and March, the months in which customers close their fiscal years. Accordingly, delays in delivery and customer acceptance could affect our group's performance.」
The concentration of delivery deadlines in September and March and the potential impact on performance from delays in delivery and customer acceptance continue to be disclosed. - FY2018RestatedAnnual report
「In the system development business operated by our group, delivery deadlines tend to be concentrated in September and March, the months in which customers close their fiscal years. Accordingly, delays in delivery and customer acceptance could affect our group's performance.」
The concentration of delivery deadlines in September and March and the risk of delays in delivery and customer acceptance continue to be disclosed. - FY2017RestatedAnnual report
「In the system development business operated by our group, delivery deadlines tend to be concentrated in September and March, the months in which customers close their fiscal years. Accordingly, delays in delivery and customer acceptance could affect our group's performance.」
The concentration of delivery deadlines in September and March and the potential impact on performance from delays in delivery and customer acceptance continue to be disclosed. - FY2016First statedAnnual report
「In the system development business operated by our group, delivery deadlines tend to be concentrated in September and March, the months in which customers close their fiscal years. Accordingly, delays in delivery and customer acceptance could affect our group's performance.」
The concentration of delivery deadlines around customers' fiscal year-end months is identified as a risk.