First-Half and Second-Half Results Skewed by Event Timing
First written in FY2016. 1 of 3 entries say "Worsened", first in FY2017. Latest entry: FY2018.
The whole theme swung hardest in 2025: 2 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual reportThe “Business and Other Risks” section for the current fiscal year contains no disclosure regarding the concentration of first-half and second-half earnings due to event timing.
- FY2017WorsenedAnnual report
「Ordinary income for the fiscal year ended March 2017 was ¥1,087 million in the first half and ¥592 million in the second half, representing 64.7% and 35.3%, respectively. Earnings may continue to be concentrated in either the first or second half depending on the timing of events and other factors.」
The concentration of earnings in the first half increased from 55.3% versus 44.7% in the previous period to 64.7% versus 35.3%. The risk of earnings concentration due to event timing continues to be disclosed. - FY2016First statedAnnual report
「Although our company had previously tended to generate a greater proportion of its earnings in the second half, earnings have become more balanced, and in the previous and current periods, the greater proportion was generated in the first half. Earnings may continue to be concentrated in either the first or second half depending on the timing of events and other factors.」
Ordinary income for the fiscal year ended March 2016 was ¥814 million in the first half and ¥658 million in the second half, representing 55.3% and 44.7%, respectively.