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Daiwa Cycle (5888) · FactRestated

First-half weighting driven by spring demand

First written in FY2024-Q3. 8 of 9 entries say "Restated". Latest entry: FY2027-H1.

9entries
4years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2024-Q3 – FY2027-H12023: 12024: 320242025: 220252026: 32026
Same theme, other companies
Performance seasonality driven by concentration of demand in spring and the first quarterA theme 7 companies write about · 7 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.

3 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「Bicycles and bicycle-related products, the company's principal products, are in greatest demand during the spring school enrollment and employment season. Accordingly, the company's sales tend to be higher in the first half than in the second half. Meanwhile, fixed costs fluctuate less over the year than sales, so operating profit also tends to be concentrated in the first half.」

    The company has again confirmed for the interim period that sales and operating profit are concentrated in the first half due to the spring school enrollment and employment season.
  2. 2026-06-12RestatedEarnings

    「Because bicycles and bicycle-related products, our main sales products, have their peak demand season during the spring enrollment and joining-the-workforce season, our net sales tend to be higher through the first half than in the second half.」

    Reconfirms in the quarterly results the business characteristic of sales being weighted toward the first half due to the spring peak demand season.
  3. FY2026RestatedAnnual report

    「Bicycles and bicycle-related products, including parts and accessories, the company's principal products, are in greatest demand during the spring school enrollment and employment season. Accordingly, the company's first-half sales tend to be higher than second-half sales. In addition, fixed costs fluctuate less over the year than sales, so operating profit also tends to be concentrated in the first half.」

    The company has again confirmed for the full fiscal year that sales and operating profit are concentrated in the first half due to the spring demand season.
  4. FY2026-H1RestatedAnnual report

    「Bicycles and bicycle-related products, the company's principal products, are in greatest demand during the spring school enrollment and employment season. Accordingly, the company's sales tend to be higher in the first half than in the second half. Meanwhile, fixed costs fluctuate less over the year than sales, so operating profit also tends to be concentrated in the first half.」

    The company has again confirmed for the interim period that sales and operating profit are concentrated in the first half due to the spring demand season.
  5. FY2025RestatedAnnual report

    「Bicycles and bicycle-related products, including parts and accessories, the company's principal products, are in greatest demand during the spring school enrollment and employment season. Accordingly, the company's first-half sales tend to be higher than second-half sales. In addition, fixed costs fluctuate less over the year than sales, so operating profit also tends to be concentrated in the first half.」

    The company has again confirmed for the full fiscal year that sales and operating profit are concentrated in the first half due to the spring demand season.
  6. FY2025-H1RestatedAnnual report

    「Bicycles and bicycle-related products, the company's principal products, are in greatest demand during the spring school enrollment and employment season. Accordingly, the company's sales tend to be higher in the first half than in the second half. Meanwhile, fixed costs fluctuate less over the year than sales, so operating profit also tends to be concentrated in the first half.」

    The company has again confirmed in its interim report that sales and operating profit are concentrated in the first half due to the spring demand season as a business characteristic.
  7. FY2025-Q1RestatedAnnual report

    「Bicycles and bicycle-related products, the company's principal products, are in greatest demand during the spring school enrollment and employment season. Accordingly, the company's sales tend to be higher in the first half than in the second half. Meanwhile, fixed costs fluctuate less over the year than sales, so operating profit also tends to be concentrated in the first half.」

    The company has again confirmed in its quarterly report that the spring school enrollment and employment season is the peak demand period and that sales and operating profit are concentrated in the first half as a business characteristic.
  8. FY2024RestatedAnnual report

    「Bicycles and bicycle-related products, including parts and accessories, the company's principal products, are in greatest demand during the spring school enrollment and employment season. Accordingly, the company's first-half sales tend to be higher than second-half sales. In addition, fixed costs fluctuate less over the year than sales, so operating profit also tends to be concentrated in the first half.」

    The company continues to disclose the concentration of sales and operating profit in the first half due to the spring demand season as a business characteristic, and also presents the quarterly composition of full-year sales and operating profit.
  9. FY2024-Q3First statedAnnual report

    「Bicycles and bicycle-related products, the company's principal products, are in greatest demand during the spring school enrollment and employment season. Accordingly, the company's sales tend to be higher in the first half than in the second half. Meanwhile, fixed costs fluctuate less over the year than sales, so operating profit also tends to be concentrated in the first half.」

    The company explains that the spring school enrollment and employment season is the peak demand period and that sales and operating profit are concentrated in the first half as a characteristic of the business.
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None of this company's other threads moved the same way in the same document twice or more.

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No upcoming earnings preview for Daiwa Cycle yet. It last moved in the Earnings of 2026-06-12: "Restated".
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First-half weighting driven by spring demand | DAIWA CYCLE CO.,LTD. (5888) | Komori