Tokai Soft (4430) · RiskDropped
Seasonal Fluctuations in Revenue and Operating Profit and Delayed Acceptance
First written in FY2019. 1 of 2 entries say "Dropped", first in FY2024. Latest entry: FY2024.
2entries
6years
0from disclosures
How it moved
Same theme, other companies
Delayed Revenue Recognition Due to Changes in Service Delivery and Customer Acceptance TimingA theme 10 companies write about · 10 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Dropped".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2024DroppedAnnual report
「The company identifies various business and other risks through its Risk and Compliance Committee, evaluates their significance based on frequency of occurrence and impact, clarifies them in a list of significant risks, and formulates and implements response measures.」
The individual risks relating to seasonal fluctuations in revenue and operating profit and delays in customer acceptance, which had been disclosed previously, are not explicitly included in the list of business and other risks for the current fiscal year. - FY2019First statedAnnual report
「Because of the timing of customers' budget execution and the development periods for systems, revenue recognition tends to be concentrated in March and September each year, resulting in a concentration of operating profit in those months.」
The company states that results for the period could be affected if acceptance scheduled for May, the fiscal year-end, is postponed to the following fiscal year.