Commencement of full-scale production and recognition of revenue under a new major contract
First written in FY2016-Q3. 1 of 3 entries say "Softened", first in FY2016. Latest entry: FY2017.
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- FY2017DroppedAnnual report
「Part-time and temporary employees decreased by 10 during the period, mainly due to the expiration of contracts in the contract processing business.」
There was no disclosure regarding the start of mass production and revenue recognition under the new large-scale contract, while the expiration of a contract in the contract processing business was indicated. - FY2016SoftenedAnnual report
「For projects contracted during the current fiscal year in the contract processing business, production was scheduled to begin during the current consolidated fiscal year, but production did not begin, and no revenue was recognized under the contract.」
The expected start of production and revenue recognition during the year did not materialize, and production had not begun. - FY2016-Q3First statedAnnual report
「For the new large-scale contract in the contract processing business, the preparation period before mass production became longer than initially planned, and revenue recognition is likewise expected to begin in the fourth quarter.」
Because the preparation period before mass production was extended, revenue recognition under the new large-scale contract is expected to begin in the fourth quarter.