Risk of fluctuations in financial performance due to project booking timing and seasonality
First written in FY2023. 1 of 2 entries say "Reframed", first in FY2024. Latest entry: FY2024.
Abeja moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2024: 4 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2024ReframedAnnual report
「Some of our businesses accept orders on a project basis and recognize revenue when deliverables are submitted and services are completed. As a result, sales for several months of work may be recognized together in a single month for certain projects.」
The explanation has been reframed from the previous seasonality in which sales increased in March to non-continuous monthly and quarterly performance fluctuations resulting from project-based revenue recognition. - FY2023First statedAnnual report
「Sales tend to increase in March because of the timing of our corporate customers' budget execution. In the fiscal year ended August 2023, sales in March accounted for slightly more than 10% of total sales.」
Monthly and quarterly performance fluctuations due to the timing of project acceptance, sales recognition and customer budget execution are described, together with the result that March sales accounted for slightly more than 10% of total sales.