Risk of fluctuations in the timing of revenue recognition for property sales and construction contracts
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 4 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company's business performance could be affected by whether properties are sold, whether scheduled property deliveries and sale prices are achieved as expected, and other factors. In addition, if construction delays or other issues arise for reasons not attributable to the Company, the originally scheduled timing of revenue recognition may shift, which could affect the Company's business performance.」
In addition to property sales, the Company continues to identify shifts in the timing of revenue recognition due to delivery issues and construction delays under construction contracts as a risk. - FY2024RestatedAnnual report
「The amount per transaction is relatively large compared with other recurring revenue streams, and results for each period fluctuate depending on whether one-off property sale transactions take place. Accordingly, the Company's business performance could be affected by whether properties are sold, whether scheduled property deliveries and sale prices are achieved as expected, and other factors.」
The Company continues to identify performance fluctuations arising from whether properties are sold, delivery timing and sale prices as risks. - FY2023First statedAnnual report
「The amount per transaction is relatively large compared with other recurring revenue streams, and results for each period fluctuate depending on whether one-off property sale transactions take place. Accordingly, the Company's business performance could be affected by whether properties are sold, whether scheduled property deliveries and sale prices are achieved as expected, and other factors.」
The Company states that the timing of one-off, high-value flow revenue and business performance may fluctuate depending on the delivery and completion dates for property sales and construction contracts.