Delayed Monetization of Orders Due to Delivery Times
First written in FY2020-Q1. 6 of 17 entries say "Mitigated", first in FY2021-Q3. Latest entry: FY2025.
Hosokawa Micron moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「As supply-chain disruptions have subsided and delivery times have improved,」
The disclosure described the abatement of supply-chain disruptions and improvement in delivery times, reducing the risk that delivery times would delay monetization of orders compared with the previous fiscal year. - FY2025-H1MitigatedAnnual report
「Delivery times are returning to pre-COVID levels, but revenue declined because there were few projects scheduled to generate sales during the current interim period.」
It was stated that delivery times were returning to pre-COVID levels, reducing the impact of monetization delays caused by the earlier lengthening of delivery times and orders preceding sales. - FY2024MitigatedAnnual report
「Delivery times have gradually improved, including through shorter lead times for inverters.」
Shorter lead times for purchased components such as inverters improved delays in delivery and in converting the order backlog into sales compared with the previous fiscal year. - FY2024-Q2MitigatedAnnual report
「Except for some purchased components, the issue of longer delivery times has gradually improved, and revenue was ¥41.477 billion, an 11.5% increase year on year.」
Except for some purchased components, the issue of longer delivery times gradually improved, and sales recognition from the order backlog progressed. The impact of the risk that delivery times would delay monetization was lower than in the previous fiscal year. - FY2023MitigatedAnnual report
「Although delivery times for the Group's products have not shortened, there has been no further lengthening. Delivery times have begun to stabilize, albeit at a long level, and the post-COVID trend of orders preceding sales and sales being delayed is moving toward resolution.」
Although delivery times have not shortened, further lengthening has stopped and they have stabilized, and the trend of orders preceding sales and delayed sales is moving toward resolution. - FY2023-Q3RestatedAnnual report
「Delivery delays have continued worldwide, and there has been no significant change in the shipping environment.」
It was stated that delivery delays continued worldwide and that there had been no significant change in the shipping environment. The risk of delays in converting the order backlog into sales continued. - FY2023-Q2RestatedAnnual report
「Although the trend of delivery delays, particularly in Europe, and the impact of higher energy prices continue, sales have gradually increased as shipments have been made from the substantial order backlog.」
While the trend of delivery delays, particularly in Europe, and the impact of higher energy prices continued, sales gradually increased as shipments were made from the order backlog. - FY2023-Q1RestatedAnnual report
「Although sales have been increasing on the back of a substantial order backlog, delivery delays have not improved, particularly in Europe, because late delivery of some key components and logistics disruptions continue.」
It was stated that sales were increasing from the order backlog, while delivery delays caused by late delivery of key components and logistics disruptions continued, with no sign of improvement, particularly in Europe. - FY2022RestatedAnnual report
「In this economic environment, orders remained solid due to advance orders placed in anticipation of longer delivery times, but sales delays continued because long lead times had become the norm for some components and logistics disruptions had not subsided.」
The situation in which sales recognition was delayed despite solid orders continued throughout the fiscal year because long lead times had become the norm and logistics disruptions persisted. - FY2022-Q3RestatedAnnual report
「Sales delays have continued because disruptions to the supply chain and logistics have not yet abated.」
It was stated that supply-chain and logistics disruptions had not abated, and that delays in converting orders into sales continued. - FY2022-Q2WorsenedAnnual report
「Revenue increased due to the contribution from sales of the order backlog carried over at the end of the previous fiscal year, but the effects of late delivery of some key components and logistics disruptions continue, and there are concerns that delivery delays and uncertainty will persist for the time being.」
Late delivery of key components and logistics disruptions continued, and concerns were expressed that the trend of delivery delays and uncertainty would persist for the time being. - FY2022-Q1WorsenedAnnual report
「Revenue increased as shipments were made from the order backlog carried over from the previous fiscal year, but delivery delays were observed due to late delivery of some key components and logistics disruptions, and there are concerns that this trend will continue throughout the current fiscal year.」
Delivery delays caused by late delivery of some key components and logistics disruptions actually occurred, and concerns were expressed that the trend would continue throughout the current fiscal year. The disclosure indicated that the risk of continued and prolonged monetization delays due to delivery times remained. - FY2021MaterialisedAnnual report
「As in the previous consolidated fiscal year, restrictions on movement and measures such as lockdowns were imposed in each country and region, resulting in continued movement restrictions and calls for people to refrain from going out. There were periods when work at customer sites, such as installation and commissioning adjustments, could not be performed. In addition, delays in the delivery of some components, as well as disruption and delays in ocean freight caused by congestion at ports worldwide and container shortages, continued. As a result, delays in sales acceptance were observed in some cases.」
The suspension of on-site work due to movement restrictions, delivery delays for some components, and ocean-freight delays caused by port congestion and container shortages continued, and sales-acceptance delays actually occurred. - FY2021-Q3MitigatedAnnual report
「Although orders continued to precede sales, the trend of sales delays was gradually easing, and business performance remained solid, exceeding the initial forecast.」
It was stated that orders continued to precede sales, while the trend of sales delays was gradually easing, reducing the impact of the risk that delivery times would delay monetization compared with the previous quarter and earlier. - FY2021-Q2MaterialisedAnnual report
「Although some sales were delayed due to the COVID-19 pandemic, business performance remained solid, exceeding the initial forecast.」
It was stated that some sales delays due to the COVID-19 pandemic were still occurring. Overall business performance, however, was stronger than initially expected. - FY2020-Q3MaterialisedAnnual report
「Orders remained solid, but commissioning and other work was delayed because restrictions on movement within Japan and between countries constrained on-site operations, and this did not translate into revenue.」
The disclosure described the specific causes of the delivery-time and monetization delays, namely restrictions on on-site work due to movement restrictions and delays in commissioning and other work. - FY2020-Q1First statedAnnual report
「Orders remained solid, but due to delivery schedules, they did not translate into revenue.」
It was stated that, despite solid orders, some orders did not translate into revenue for the current quarter due to delivery schedules.