Seasonal fluctuations in performance due to year-end concentration
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2022.
5 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Because the Group's business has a high proportion of public works and private-sector facilities projects, many of which are completed at the end of the fiscal year, products tend to be shipped and on-site construction tends to be performed more in the second half than in the first half, creating a risk that appropriate staffing will be difficult.」
The Company continues to identify seasonal fluctuations in shipments and construction caused by the concentration of project completions at year-end, as well as staffing risks. - FY2021RestatedAnnual report
「Because a high proportion of the Group's business consists of public works and private-sector capital investment projects, many of which are completed at the fiscal year-end, results tend to be weighted more heavily toward the second half than the first half.」
The Company continues to identify the risk of seasonal fluctuations in performance due to year-end concentration. - FY2019RestatedAnnual report
「Because a high proportion of the Group's business consists of public works and private-sector capital investment projects, many of which are completed at the fiscal year-end, results tend to be weighted more heavily toward the second half than the first half.」
The Company continues to identify the risk of seasonal fluctuations in performance due to year-end concentration. - FY2016First statedAnnual report
「Because a high proportion of the Group's business consists of public works and private-sector capital investment projects, many of which are completed at the fiscal year-end, results tend to be weighted more heavily toward the second half than the first half.」
The Company identifies the impact on performance and financial position arising from the difficulty of setting staffing levels and production capacity as a risk.