Seibu Giken (6223) · RiskWorsened
Estimation risk in revenue recognition based on construction progress
First written in FY2024. 1 of 2 entries say "Worsened", first in FY2025. Latest entry: FY2025.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Uncertainty in Cost and Progress Estimates for Construction Revenue RecognitionA theme 94 companies write about · 93 as a headwind · 1 as a tailwind
Seibu Giken moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2024: 9 of 64 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
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.
Showing 14 of the 94 companies compared. The sentences above are computed from all 94.Full recordFilings, disclosures and news, newest first
- FY2025WorsenedAnnual report
「Revenue recognized using the input method accounted for 27.6% of revenue for the fiscal year ended December 2025.」
Revenue subject to progress-based recognition increased to 27.6% from 8.3% in the previous year. Revenue from completed construction increased from ¥3,073 million to ¥9,464 million, expanding the scale of estimates that could affect the financial statements. - FY2024First statedAnnual report
「Revenue recognized using the input method accounted for 8.3% of revenue for the fiscal year ended December 2024.」
Revenue from construction work such as dry-room installation is recognized based on progress. Changes in estimates of total construction costs or work hours may affect the financial statements for the following fiscal year.