Quarterly seasonality caused by concentrated March delivery deadlines
First written in FY2019-Q1. 10 of 11 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2020: 10 of 32 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the second half tend to be higher than in the first half.」
The Company has reaffirmed the seasonality whereby the concentration of delivery dates in March, customers' fiscal year-end, causes second-half revenue and operating expenses to exceed those in the first half. - FY2024-Q2RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The Company has reaffirmed the seasonality whereby the concentration of March deliveries causes fourth-quarter revenue and operating expenses to exceed those in other quarters. - FY2023-Q2RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The Company has reaffirmed the seasonality of fourth-quarter revenue and operating expenses arising from the concentration of March deliveries. - FY2022-Q3RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The Company has reaffirmed the seasonality whereby the concentration of March deliveries causes fourth-quarter revenue and operating expenses to exceed those in other quarters. - FY2022-Q2RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The Company has reaffirmed the seasonality whereby the concentration of March deliveries causes fourth-quarter revenue and operating expenses to be higher. - FY2021-Q2RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The Company has reaffirmed the seasonality whereby the concentration of March deliveries causes fourth-quarter revenue and operating expenses to be higher. - FY2021-Q1RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The notes reaffirm the seasonality whereby the concentration of March deliveries causes fourth-quarter revenue and operating expenses to be higher. - FY2020-Q1RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The notes reaffirm the seasonality whereby the concentration of March deliveries causes fourth-quarter revenue and operating expenses to be higher. - FY2019-Q3RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The Company has reaffirmed the seasonality whereby the concentration of March deliveries causes fourth-quarter revenue and operating expenses to be higher. - FY2019-Q2RestatedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The notes reaffirm the seasonality whereby the concentration of March deliveries causes fourth-quarter revenue and operating expenses to be higher. - FY2019-Q1First statedAnnual report
「Because delivery dates are concentrated in March, the fiscal year-end for many customers, revenue and operating expenses in the fourth quarter tend to be higher than in the other quarters.」
The disclosure describes the seasonality whereby the concentration of delivery dates in March, customers' fiscal year-end, causes fourth-quarter revenue and operating expenses to exceed those in other quarters.