Expected Recognition of Future Revenue from Unsatisfied Performance Obligations and Contract Liabilities
First written in FY2022. . Latest entry: FY2026.
4 other companies' latest entry also says "Other".
- FY2026Decrease in remaining performance obligations and change in the timing of revenue recognitionAnnual report
「Unsatisfied (or partially unsatisfied) performance obligations amounted to ¥1,997.292 million for the current consolidated fiscal year. The Company expects to recognise approximately 51% as revenue within 1 year after the fiscal year-end and the remaining approximately 49% within the subsequent 2 years.」
Unsatisfied performance obligations decreased from ¥2,422.160 million in the previous fiscal year to ¥1,997.292 million, while the proportion expected to be recognised as revenue within 1 year fell from approximately 97% to approximately 51%. - FY2026-H1Decrease in contract liabilitiesAnnual report
「Decrease in contract liabilities ¥141 million」
Contract liabilities decreased by ¥141 million during the current interim consolidated accounting period, reducing the balance from the end of the previous consolidated fiscal year. - FY2025-H1Increase in contract liabilitiesAnnual report
「Increase in contract liabilities ¥130 million」
Contract liabilities increased by ¥130 million during the current interim consolidated accounting period, and contract liabilities on the balance sheet also increased by ¥129 million from the end of the previous consolidated fiscal year. - FY2024-Q3Decrease in contract liabilitiesAnnual report
「Total liabilities amounted to ¥3,866 million, a decrease of ¥1,571 million from the end of the previous consolidated fiscal year. The main increase was ¥263 million in notes and accounts payable. The main decreases were ¥431 million in electronically recorded obligations, ¥1,081 million in contract liabilities and ¥220 million in other current liabilities.」
Contract liabilities at the end of the third quarter decreased by ¥1,081 million from the end of the previous consolidated fiscal year, while total liabilities also decreased by ¥1,571 million. - FY2024-Q2Decrease in contract liabilitiesAnnual report
「The main uses of cash were ¥232 million from a decrease in trade payables, ¥885 million from a decrease in contract liabilities and ¥221 million from a decrease in accrued expenses.」
Contract liabilities decreased by ¥885 million during the six-month period ended the second quarter, and contract liabilities on the balance sheet also decreased by ¥885 million from the end of the previous consolidated fiscal year. - FY2024-Q1Decrease in contract liabilitiesAnnual report
「This was mainly due to decreases of ¥344 million in electronically recorded obligations and ¥521 million in contract liabilities.」
Contract liabilities decreased by ¥521 million from the end of the previous consolidated fiscal year, reducing the balance of contract liabilities related to future revenue. - FY2023Decrease in remaining performance obligations and increase in the proportion of revenue recognised earlierAnnual report
「Unsatisfied (or partially unsatisfied) performance obligations amounted to ¥5,209.607 million for the current consolidated fiscal year. The Company expects to recognise approximately 78% as revenue within 1 year after the fiscal year-end and the remaining approximately 22% within the subsequent 2 years.」
Unsatisfied performance obligations decreased from ¥7,081.349 million in the previous fiscal year to ¥5,209.607 million, while the proportion expected to be recognised as revenue within 1 year increased from approximately 66% to approximately 78%. - FY2023-Q3Increase in contract liabilitiesAnnual report
「Total liabilities amounted to ¥7,382 million, an increase of ¥1,320 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥231 million in electronically recorded obligations and ¥1,211 million in contract liabilities.」
Contract liabilities at the end of the third quarter amounted to ¥3,122 million, an increase of ¥1,211 million from the end of the previous consolidated fiscal year. Total liabilities also increased by ¥1,320 million. - FY2023-Q2Increase in Contract LiabilitiesAnnual report
「The main sources of cash were ¥182 million in profit before income taxes and ¥550 million from an increase in contract liabilities. The main use of cash was ¥965 million for an increase in inventories.」
Contract liabilities increased by ¥550 million during the six-month period ended the second quarter, bringing the balance at the end of the quarter to ¥2,460 million. - FY2022First statedAnnual report
「Unsatisfied (or partially unsatisfied) performance obligations amounted to ¥7,081.349 million at the end of the current consolidated fiscal year. The Company expects to recognise approximately 66% as revenue within 1 year after the fiscal year-end and the remaining approximately 34% within the subsequent 2 years.」
In its revenue recognition disclosures, the Company separately identified for the first time the theme that unsatisfied performance obligations at period-end amounted to ¥7,081 million, with approximately 66% expected to be recognised as revenue within 1 year and the remaining approximately 34% within the subsequent 2 years. Contract liabilities stood at ¥1,910 million, with increased orders for large-scale projects cited as the main factor behind the increase.