Sales concentration in March and operating loss in the first half
First written in FY2017-Q1. 28 of 29 entries say "Restated". Latest entry: 2026-05-15.
2 other companies' latest entry also says "Restated".
- 2026-05-15RestatedEarnings
「Approximately one-third of annual sales is recorded in March. In addition, because fixed costs such as personnel expenses and selling expenses are incurred almost evenly each month, the business has a seasonal pattern in which operating losses are incurred through the second quarter.」
The seasonal structure, with sales concentrated in March and operating losses incurred through the second quarter, has been reconfirmed. - FY2026-H1RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our group involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business normally has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, normally resulting in operating losses through the second quarter, is reconfirmed. - FY2024-Q3RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2024-Q1RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2023RestatedAnnual report
「Many of our contracts involve undertaking commissioned surveys in April and completing them in March, and the balance of accounts receivable at the end of March tends to equal approximately one-third of annual revenue. This creates a need for funds to pay operating expenses, including personnel and subcontracting costs, which are incurred at broadly consistent monthly levels until accounts receivable are collected in April and May.」
The seasonal pattern of commissioned work, revenue and accounts receivable being concentrated at the fiscal year-end, resulting in working capital needs in the first half, is reconfirmed. - FY2023-Q3RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2023-Q2RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2023-Q1RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2022RestatedAnnual report
「Many of our contracts involve undertaking commissioned surveys in April and completing them in March, and the balance of accounts receivable at the end of March tends to equal approximately one-third of annual revenue. This creates a need for funds to pay operating expenses, including personnel and subcontracting costs, which are incurred at broadly consistent monthly levels until accounts receivable are collected in April and May.」
The seasonal pattern of commissioned work, revenue and accounts receivable being concentrated at the fiscal year-end, resulting in working capital needs in the first half, is reconfirmed. - FY2022-Q2RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2022-Q1RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2021RestatedAnnual report
「Many of our contracts involve undertaking commissioned surveys in April and completing them in March, and the balance of accounts receivable at the end of March tends to equal approximately one-third of annual revenue. This creates a need for funds to pay operating expenses, including personnel and subcontracting costs, which are incurred at broadly consistent monthly levels until accounts receivable are collected in April and May.」
The seasonal pattern of commissioned work, revenue and accounts receivable being concentrated at the fiscal year-end, resulting in working capital needs in the first half, is reconfirmed. - FY2021-Q3RestatedAnnual report
「Because much of the revenue of our company and subsidiaries comes from commissioned work under contracts running through the end of March, the results for each quarterly consolidated accounting period are subject to seasonal fluctuations.」
The business has many commissioned projects under contracts running through the end of March, resulting in seasonal fluctuations in quarterly performance. - FY2021-Q1RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2020-Q3RestatedAnnual report
「Many of the contracts in the environmental measurement certification business operated by our company and subsidiaries involve undertaking commissioned surveys in April and completing them in March, and the balance of accounts receivable at the end of March tends to equal approximately one-third of annual revenue. This creates a need for funds to pay operating expenses, including personnel and subcontracting costs, which are incurred at broadly consistent monthly levels until accounts receivable are collected in April and May, and we systematically obtain borrowings from our relationship banks.」
The seasonality of survey contracts, revenue and accounts receivable being concentrated at the fiscal year-end, resulting in working capital needs in the first half until accounts receivable are collected, is reconfirmed. - FY2020-Q2RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2020-Q1RestatedAnnual report
「Many of the orders received in the environmental measurement certification business operated by our company and subsidiaries involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2019RestatedAnnual report
「The Company's business consists largely of contracts under which commissioned research begins in April and is completed in March, and the accounts receivable balance at the end of March tends to be approximately one-third of annual net sales. As a result, funding needs arise to pay operating expenses such as personnel and outsourcing costs incurred on an average monthly basis until accounts receivable are collected in April and May, and the Company systematically raises borrowings from its relationship banks.」
The seasonality of survey contracts, revenue and accounts receivable being concentrated at the fiscal year-end, resulting in working capital needs in the first half until accounts receivable are collected, is reconfirmed. - FY2019-Q3RestatedAnnual report
「Many of our contracts involve undertaking commissioned surveys in April and completing them in March, and the balance of accounts receivable at the end of March tends to equal approximately one-third of annual revenue. This creates a need for funds to pay operating expenses, including personnel and subcontracting costs, which are incurred at broadly consistent monthly levels until accounts receivable are collected in April and May, and we systematically obtain borrowings from our relationship banks.」
The seasonality of survey contracts, revenue and accounts receivable being concentrated at the fiscal year-end, resulting in working capital needs in the first half until accounts receivable are collected, is reconfirmed. - FY2019-Q2RestatedAnnual report
「Many of the projects we undertake involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and fixed costs incurred throughout the year, resulting in operating losses through the second quarter, is reconfirmed. - FY2019-Q1RestatedAnnual report
「Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonality of revenue being concentrated in March and fixed costs being incurred each month, resulting in operating losses through the second quarter, is reconfirmed. - FY2018RestatedAnnual report
「Many of our contracts involve undertaking commissioned surveys in April and completing them in March, and the balance of accounts receivable at the end of March tends to equal approximately one-third of annual revenue.」
The seasonality of survey contracts, revenue and accounts receivable being concentrated at the fiscal year-end, resulting in funding needs in the first half, is reconfirmed. - FY2018-Q3RestatedAnnual report
「Many of the projects we undertake involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and operating losses through the second quarter is reconfirmed. - FY2018-Q2RestatedAnnual report
「Many of the projects we undertake involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and operating losses through the second quarter is reconfirmed. - FY2018-Q1RestatedAnnual report
「Many of the projects we undertake involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and operating losses through the second quarter is reconfirmed. - FY2017RestatedAnnual report
「Many of our contracts involve undertaking commissioned surveys in April and completing them in March, and the balance of accounts receivable at the end of March tends to equal approximately one-third of annual revenue. This creates a need for funds to pay operating expenses, including personnel and subcontracting costs, which are incurred at broadly consistent monthly levels until accounts receivable are collected in April and May.」
The seasonality of survey contracts, revenue and accounts receivable being concentrated at the fiscal year-end, resulting in working capital needs in the first half, is reconfirmed. - FY2017-Q3RestatedAnnual report
「Many of the projects we undertake involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and operating losses through the second quarter is reconfirmed. - FY2017-Q2RestatedAnnual report
「Many of the projects we undertake involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
The seasonal pattern of revenue concentrated in March and operating losses through the second quarter is reconfirmed. - FY2017-Q1First statedAnnual report
「Many of the projects we undertake involve survey work under contracts running through the end of March, and approximately one-third of annual revenue is recognized in March. Because fixed costs, including personnel and selling expenses, are incurred at broadly consistent levels each month, the business has a seasonal pattern in which it incurs an operating loss through the second quarter.」
Survey contract periods and revenue recognition are concentrated in March, while fixed costs are incurred throughout the year, resulting in operating losses through the second quarter.