Seasonality concentrated in September and March
First written in FY2016. 19 of 27 entries say "Restated". Latest entry: FY2026.
Itfor moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 10 of 32 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In both the previous and current consolidated fiscal years, sales were concentrated in the fourth quarter because sales from the third quarter shifted into the fourth quarter. The Company will continue to monitor future trends.」
While explaining that orders split by development phase mitigate seasonal fluctuations, the Company reports that 34.7% of sales and 44.9% of operating profit were concentrated in the fourth quarter of the current fiscal year. - FY2025WorsenedAnnual report
「In both the previous and current consolidated fiscal years, sales were concentrated in the fourth quarter because sales from the third quarter shifted into the fourth quarter. The Company will continue to monitor future trends.」
While explaining that orders split by development phase mitigate seasonal fluctuations, the Company reports that sales from the third quarter shifted into the fourth quarter in both the previous and current fiscal years. - FY2024MitigatedAnnual report
「In the information services business in which the Group operates, shipments to customers and delivery deadlines tend to be concentrated in March. However, for large-scale system development projects, orders split by development phase have increased instead of the conventional practice of placing a single order, in order to improve the accuracy of development estimates and schedules.」
The previous explanation of concentration in September and March has been revised to concentration in March, and the increase in orders split by development phase is identified as a factor that weakens seasonal fluctuations. In the current fiscal year, fourth-quarter sales accounted for 30.0% and operating profit for 28.1%. - FY2024-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the seasonal fluctuations concentrated in September and March. - FY2023WorsenedAnnual report
「In the consolidated fiscal year, sales were concentrated in the fourth quarter because sales from the third quarter shifted into the fourth quarter. The Company will continue to monitor future trends.」
Whereas fourth-quarter sales accounted for 25.0% and fourth-quarter operating profit for 23.0% in the previous fiscal year, the figures were 31.8% and 33.1%, respectively, in the current fiscal year. States that third-quarter sales in fact shifted into the fourth quarter. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no occurrences of major risks that management recognizes could materially affect the financial condition, operating results or cash flow of the consolidated companies among the matters concerning the business and financial conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
States that there have been no material changes regarding the seasonal fluctuations concentrated in September and March. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no occurrences of major risks that management recognizes could materially affect the financial condition, operating results or cash flow of the consolidated companies among the matters concerning the business and financial conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
States that there have been no material changes regarding the seasonal fluctuations concentrated in September and March. - FY2022MitigatedAnnual report
「In the consolidated fiscal year, the seasonal trend weakened from the previous consolidated fiscal year due to the impact of adopting revenue recognition standards and other changes. The Company will continue to monitor future trends.」
States that seasonal fluctuations in quarterly performance weakened from the previous fiscal year due to the adoption of revenue recognition standards and the increase in orders split by development phase. - FY2021Update to the full-year performance breakdownAnnual report
「Consolidated fiscal year (1 April 2020 to 31 March 2021) First quarter Second quarter Third quarter Fourth quarter Consolidated fiscal year total Sales (¥ thousand) 3,429,385 4,014,958 3,560,609 5,285,017 16,289,970 (Percentage) (21.1%) (24.6%) (21.9%) (32.4%) (100.0%) Operating profit (¥ thousand) 289,733 567,915 422,436 906,785 2,186,871 (Percentage) (13.2%) (26.0%) (19.3%) (41.5%) (100.0%)」
In the fiscal year ended March 2021, fourth-quarter sales accounted for 32.4% and fourth-quarter operating profit for 41.5%, down from 34.3% and 49.5%, respectively, in the previous fiscal year. - FY2021-Q3RestatedAnnual report
「Because shipments and customer acceptance tend to be concentrated in September and March, the Group's sales and operating profit tend to account for a higher proportion in the second and fourth quarters, resulting in seasonal fluctuations in performance.」
Restates the concentration of shipments and customer acceptance in September and March, and the seasonality in which sales and operating profit are weighted toward the second and fourth quarters. - FY2021-Q2RestatedAnnual report
「Because shipments and customer acceptance tend to be concentrated in September and March, the Group's sales and operating profit tend to account for a higher proportion in the second and fourth quarters, resulting in seasonal fluctuations in performance.」
Restates the concentration of shipments and customer acceptance in September and March, and the seasonality in which sales and operating profit are weighted toward the second and fourth quarters. - FY2021-Q1RestatedAnnual report
「Because shipments and customer acceptance tend to be concentrated in September and March, the Group's sales and operating profit tend to account for a higher proportion in the second and fourth quarters, resulting in seasonal fluctuations in performance.」
Restates the concentration of shipments and customer acceptance in September and March, and the seasonality in which performance is weighted toward the second and fourth quarters. - FY2020RestatedAnnual report
「In the consolidated fiscal year, sales were 17.9% in the first quarter, 23.7% in the second quarter, 24.1% in the third quarter, and 34.3% in the fourth quarter. Operating profit was 11.1% in the first quarter, 27.5% in the second quarter, 11.9% in the third quarter, and 49.5% in the fourth quarter.」
Restates the seasonal fluctuations resulting from the concentration of shipments and delivery deadlines in September and March, and shows that sales and operating profit were weighted toward the fourth quarter for the full year. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding the seasonal fluctuations concentrated in September and March. - FY2020-Q2RestatedAnnual report
「Because shipments and customer acceptance tend to be concentrated in September and March, the Group's sales and operating profit tend to account for a higher proportion in the second and fourth quarters, resulting in seasonal fluctuations in performance.」
Restates the concentration of shipments and customer acceptance in September and March, and the seasonality in which sales and operating profit are weighted toward the second and fourth quarters. - FY2020-Q1RestatedAnnual report
「In addition, within the Group, shipments to customers and delivery deadlines tend to be concentrated in September and March.」
Restates the seasonality in which shipments and delivery deadlines are concentrated in September and March. - FY2019-Q2RestatedAnnual report
「In addition, within the Group, shipments to customers and delivery deadlines tend to be concentrated in September and March.」
Restates the seasonality in which shipments and delivery deadlines are concentrated in September and March. - FY2019-Q1RestatedAnnual report
「In addition, within the Group, shipments to customers and delivery deadlines tend to be concentrated in September and March.」
Restates the seasonality in which shipments and delivery deadlines are concentrated in September and March. - FY2018WorsenedAnnual report
「In the consolidated fiscal year, sales were 17.0% in the first quarter, 24.0% in the second quarter, 21.4% in the third quarter, and 37.6% in the fourth quarter. Operating profit was 3.1% in the first quarter, 21.6% in the second quarter, 15.6% in the third quarter, and 59.7% in the fourth quarter.」
Restates the seasonal fluctuations associated with concentration in September and March, with fourth-quarter sales accounting for 37.6% and fourth-quarter operating profit for 59.7% in the current fiscal year. - FY2018-Q3RestatedAnnual report
「During the nine months ended the third quarter, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding the seasonal fluctuations concentrated in September and March. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported regarding the seasonal fluctuations concentrated in September and March. - FY2018-Q1RestatedAnnual report
「Within the Group, shipments to customers and delivery deadlines tend to be concentrated in September and March.」
Restates the seasonality in which shipments and delivery deadlines are concentrated in September and March. - FY2017RestatedAnnual report
「In the information services industry in which the Group operates, shipments to customers and delivery deadlines tend to be concentrated in September and March. As a result, sales, operating profit and other figures fluctuate between quarters of the consolidated fiscal year, and this trend may continue in the future.」
Restates the seasonality in which shipments and delivery deadlines are concentrated in September and March, with fourth-quarter sales accounting for 30.7% and operating profit for 46.0% in the current fiscal year. - FY2017-Q3RestatedAnnual report
「Because shipments and customer acceptance tend to be concentrated in September and March, the Group's sales and operating profit tend to account for a higher proportion in the second and fourth quarters, resulting in seasonal fluctuations in performance.」
Restates the seasonality in which shipments and customer acceptance are concentrated in September and March, resulting in a higher proportion of sales and operating profit in the second and fourth quarters. - FY2017-Q2RestatedAnnual report
「Within the Group, shipments to customers and delivery deadlines tend to be concentrated in September and March.」
Restates the seasonality in which shipments and delivery deadlines are concentrated in September and March. - FY2017-Q1RestatedAnnual report
「Because shipments and customer acceptance tend to be concentrated in September and March, the Group's sales and operating profit tend to account for a higher proportion in the second and fourth quarters, resulting in seasonal fluctuations in performance.」
Restates the seasonality in which shipments and customer acceptance are concentrated in September and March, resulting in a higher proportion of performance in the second and fourth quarters. - FY2016First statedAnnual report
「In the information services industry in which the Group operates, shipments to customers and delivery deadlines tend to be concentrated in September and March. As a result, sales, operating profit and other figures fluctuate between quarters of the consolidated fiscal year, and this trend may continue in the future.」
In the current fiscal year, fourth-quarter sales accounted for 34.6% of full-year sales and operating profit accounted for 54.7% of full-year operating profit.