Changes in Customer Acceptance Timing and Deterioration in Project Profitability
First written in FY2019. 4 of 14 entries say "Mitigated", first in FY2023. Latest entry: 2026-05-14.
PBsystems moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 7 of 14 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- 2026-05-14OtherEarnings
「半導体部材の供給不足の影響により、サーバー・ストレージ機器等の納期が従来の約2ヶ月から4～6ヶ月に長期化し、当中間期中に検収を予定していた複数案件で期ずれが発生したことが大きな要因です。」
複数案件で検収時期の期ずれが発生したが、受注損失引当金は145千円から48千円へ減少しており、プロジェクト収支悪化の具体的な進展方向は一方向ではない。 - FY2025-H1MitigatedAnnual report
「Order contract loss provision 241 145」
The order contract loss provision decreased from ¥241 thousand at the end of the previous fiscal year to ¥145 thousand, further reducing the risk of deteriorating profitability in the prolonged project. - FY2024MitigatedAnnual report
「Order contract loss provision 9,127 241」
The order contract loss provision decreased from ¥9.127 million at the end of the previous fiscal year to ¥241 thousand, substantially reducing the risk of deteriorating profitability in the prolonged project. - FY2024-Q2MitigatedAnnual report
「Decrease in the order contract loss provision (down ¥8.885 million from the end of the previous fiscal year)」
The order contract loss provision decreased from ¥9.127 million at the end of the previous fiscal year to ¥241 thousand, substantially reducing the risk of deteriorating project profitability for the specific VDI project. - FY2023MitigatedAnnual report
「For the specific project carried over from the previous fiscal year, a VDI implementation project for a manufacturing company, we resolved the technical issues and completed the system implementation by concentrating engineers on the project and working with the customer and the manufacturer.」
The specific VDI project has completed system implementation, and efforts to address the technical issues and prolonged schedule have progressed. An order contract loss provision of ¥9.127 million remains at the end of the current fiscal year; the disclosure does not state that the project profitability risk has been eliminated. - FY2023-Q3Progress in project resolution alongside an increase in the provisionAnnual report
「For the specific project carried over from the previous fiscal year, a VDI implementation project for a manufacturing company, we strengthened the project management structure. By working with the ordering company and focusing on completing the project early, we are nearing resolution.」
The specific VDI project is nearing resolution through the strengthened project management structure and cooperation with the ordering company. However, the order contract loss provision increased by ¥35.706 million from the end of the previous fiscal year to ¥37.391 million, and its impact on project profitability remains. - FY2023-Q2MaterialisedAnnual report
「However, newly arising technical issues prolonged work on a specific project, which left other business initiatives somewhat under-resourced and caused sales to stagnate. In addition, by incorporating in advance the expected increase in cost of sales for the specific project from the third quarter through the fourth quarter, we recorded an order contract loss provision of ¥49.290 million, substantially reducing profit.」
New technical issues arose in a VDI implementation project for a manufacturing company, and the project was prolonged. The increase in the order contract loss provision actually reduced profit. The provision increased from ¥1.685 million at the end of the previous fiscal year to ¥50.975 million. - FY2023-Q1MaterialisedAnnual report
「In a VDI (virtual desktop infrastructure) implementation project for a manufacturing company carried over from the previous fiscal year, engineers were concentrated on addressing the project. In addition, the recording of an order contract loss provision as the project extended increased cost of sales, resulting in segment profit of ¥33.814 million, down 60.5% year on year.」
A specific VDI implementation project was prolonged, and the order contract loss provision increased from ¥1.685 million at the end of the previous fiscal year to ¥14.979 million. The risk of deteriorating project profitability materialized as downward pressure on profit. - FY2022MaterialisedAnnual report
「To provide for future losses on order contracts, we recognize the estimated loss on order contracts as of the end of the fiscal year.」
We recorded an order contract loss provision of ¥1.685 million for contracts where project total estimated costs were likely to exceed total revenue. - FY2022-Q2RestatedAnnual report
「For maintenance and other contracts relating to the hardware and software products supplied by manufacturers and other vendors, we previously recognized revenue when arrangements were completed before the start of the relevant contract. We have changed this method, except for immaterial contracts, to recognize revenue over the contract period, in the same manner as for maintenance and other contracts provided by us.」
Following the adoption of the revenue recognition standard, we have continued to recognize revenue from maintenance and other contracts over the contract period. - FY2022-Q1ReframedAnnual report
「For contracts for software development and other work, among those for which we previously applied the customer's acceptance criteria, we have changed the method of revenue recognition where control over the services transfers to the customer over a specified period, recognizing revenue over that period as the performance obligation to transfer the services to the customer is satisfied.」
The change in the revenue recognition method announced in the previous fiscal year was implemented from the current quarter, shifting from recognition primarily at the time of acceptance to recognition as performance obligations are satisfied over a specified period. - FY2021ReframedAnnual report
「Beginning with the fiscal year ended September 2022, for projects meeting certain requirements, we have recognized revenue over a specified period, recording revenue based on the proportion of costs incurred to total estimated costs.」
The explanation has been revised from the previous risk of changes in acceptance timing to include revenue recognition over time from the fiscal year ended September 2022 and the risk of revenue fluctuations due to changes in total estimated costs. - FY2020RestatedAnnual report
「Depending on project progress, the acceptance timing may change.」
The risk of shifts in the timing of revenue recognition due to changes in acceptance timing, and deterioration in project profitability due to work exceeding estimates, remains. - FY2019First statedAnnual report
「Depending on project progress, the acceptance timing may change. In such cases, depending on the customer's acceptance timing, the timing of our revenue recognition may vary across fiscal years, potentially affecting our business performance.」
This includes shifts in the timing of revenue recognition and deterioration in project profitability if the work required exceeds the estimate.