Earnings fluctuations due to the concentration of disaster-prevention-related and contracted projects at the fiscal year-end
First written in FY2018. 3 of 7 entries say "Restated". Latest entry: FY2023.
0 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual reportThe seasonal risk concerning the concentration of sales in the second half and the low proportion of first-quarter sales, which was disclosed again previously, is not explicitly included in the list of business and other risks in this filing.
- FY2023-Q1Seasonal risk disclosed againAnnual report
「Although the sales structure is becoming more even from its previous concentration in the second half, first-quarter sales still tend to account for a low proportion of full-year revenue. The company was unable to absorb higher personnel expenses from additional hiring, increased payments to external parties such as royalties associated with strong consumer-product sales, and higher advertising and sales-promotion expenses aimed at expanding sales, and therefore reported a loss.」
The concentration of sales toward the fiscal year-end and the low proportion of first-quarter sales, which disappeared from the previous fiscal year’s disclosure, were explicitly stated again. However, the filing also states that sales are becoming more evenly distributed rather than remaining concentrated in the second half. - FY2022DroppedAnnual reportThe seasonal risk described through the previous fiscal year, namely the concentration of deliveries for disaster-prevention-related and contract projects from February to March, is not explicitly included in the risk list in this filing.
- FY2021RestatedAnnual report
「Each year, deliveries for disaster-prevention-related and contract projects tend to be concentrated toward the fiscal year-end from February to March.」
The company continues to address both the risk of performance volatility caused by the concentration of fiscal year-end deliveries for disaster-prevention-related and contract projects and measures to expand first- and second-quarter revenue. - FY2020RestatedAnnual report
「Each year, deliveries for disaster-prevention-related and contract projects tend to be concentrated toward the fiscal year-end from February to March. In the disaster-prevention business, if orders contract due to changes in economic conditions or other factors, or if concentrated contract projects cause delivery delays, this could affect the company’s performance.」
The company continues to disclose the risk of performance volatility caused by the concentration of fiscal year-end deliveries and identifies expanding first- and second-quarter revenue as a response measure. - FY2019RestatedAnnual report
「Each year, deliveries for disaster-prevention-related and contract projects tend to be concentrated toward the fiscal year-end from February to March.」
The company continues to identify the concentration of fiscal year-end deliveries for disaster-prevention-related and contract projects as a risk. In the fiscal year ended March 2019, fourth-quarter revenue was ¥247,683 thousand, compared with ¥125,490 thousand in the first quarter. - FY2018First statedAnnual report
「Each year, deliveries for disaster-prevention-related and contract projects tend to be concentrated toward the fiscal year-end from February to March.」
Quarterly revenue was ¥125,716 thousand in the first quarter and ¥179,567 thousand in the fourth quarter.