Time lag from orders to revenue under a make-to-order, low-inventory model
First written in FY2018. 6 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We primarily engage in make-to-order production and have adopted a job-order costing system.」
The company continues to indicate a business structure centered on make-to-order production and using a job-order costing system. - FY2025RestatedAnnual report
「We primarily engage in make-to-order production and have adopted a job-order costing system.」
The company continues to indicate a business structure centered on make-to-order production and using a job-order costing system. - FY2024RestatedAnnual report
「We primarily engage in make-to-order production and have adopted a job-order costing system.」
The company continues to indicate a business structure centered on make-to-order production and using a job-order costing system. - FY2021RestatedAnnual report
「We primarily engage in make-to-order production and have adopted a job-order costing system.」
The company continues to indicate a business structure centered on make-to-order production in which a time lag arises between orders and their reflection in revenue and cost accounting. - FY2020RestatedAnnual report
「We primarily engage in make-to-order production and have adopted a job-order costing system.」
The company continues to indicate a structure centered on make-to-order production in which a time lag arises between orders and their reflection in revenue and cost accounting. - FY2019RestatedAnnual report
「We primarily engage in make-to-order production and have adopted a job-order costing system.」
The company continues to indicate a structure centered on make-to-order production in which a time lag arises between individual orders and their reflection in revenue and cost accounting. - FY2018First statedAnnual report
「Because our manufacturing is based on individual orders and inventory is kept to a minimum, a certain period is required before orders are reflected in revenue.」
The company explains that its production method, centered on individual orders and keeping inventory to a minimum, structurally leads to a time lag between order conditions and the timing of revenue recognition.