Risk of sales and earnings recognition shifting between fiscal periods due to a change in delivery timing
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 2 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Our group may experience a shift in the recognition of revenue and earnings to the following quarter or the following consolidated fiscal year if the contracted license amount or the size or content of a project differs materially from expectations, or if the delivery timing changes.」
Reconfirming the risk of revenue and earnings being recognized in a different period due to changes in license amounts, project content or delivery timing. - FY2024RestatedAnnual report
「Our group may experience a shift in the recognition of revenue and earnings to the following quarter or the following consolidated fiscal year if the contracted license amount or the size or content of a project differs materially from expectations, or if the delivery timing changes.」
Reconfirming the risk of revenue and earnings being recognized in a different period due to changes in license amounts, project content or delivery timing. - FY2023ReframedAnnual report
「Our group may experience a shift in the recognition of revenue and earnings to the following quarter or the following consolidated fiscal year if the contracted license amount or the size or content of a project differs materially from expectations, or if the delivery timing changes. Depending on changes in the timing of revenue and earnings recognition and the amount shifted, our group's management plans and operating results may diverge in each quarter or consolidated fiscal year.」
Organizing the previous risk of period shifts caused by changes in delivery timing under the heading and framework of divergence between management plans and operating results. - FY2022RestatedAnnual report
「Our group may experience a shift in the recognition of revenue and earnings to the following quarter or the following consolidated fiscal year if the contracted license amount or the size or content of a project differs materially from expectations, or if the delivery timing changes.」
Reconfirming the risk of revenue and earnings being recognized in a different period due to changes in license amounts, project content or delivery timing. - FY2021First statedAnnual report
「If the scale or content of an ordered project differs substantially from expectations and the delivery timing changes, revenue and earnings may be recognized in the following quarter or the following consolidated fiscal year instead.」
Describing the risk that delivery timing and the timing of revenue and earnings recognition may shift because the size or content of a project differs from actual results.