Revenue Volatility from the Acceptance Timing of Large, High-Value Products
First written in FY2016. 24 of 37 entries say "Materialised", first in FY2017-Q2. Latest entry: 2026-08-10.
Placo moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2024: 5 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- 2026-08-10MaterialisedResults
「当第１四半期連結会計期間に大型成形機の受注を獲得しました。売上計上は第２四半期連結累計期間以降となるため」
大型成形機の受注は獲得したものの、売上計上が第2四半期以降となり、受注・検収時期による期間間の売上変動が示されている。 - FY2026MaterialisedAnnual report
「In the inflation molding machine business, sales remained sluggish because of weak orders in the previous year. Because scheduled revenue recognition for molding machines was pushed into the following period, sales declined from the previous consolidated fiscal year.」
The shift in revenue recognition timing for large, high-value products and other items became apparent as a decline in current-period sales in the inflation molding machine business. - 2026-05-15MaterialisedRevision to earnings forecast
「2026年３月期の通期個別業績につきましては、売上高は予定されていたインフレーション成形機の売上計上が翌期の計上となったため、前回発表を下回りました。」
予定されていた成形機の売上計上が翌期へずれ込み、検収・計上時期による売上変動が再び実績として現れた。 - FY2025-H1MitigatedAnnual report
「In the inflation molding machine business, scheduled revenue recognition for molding machines proceeded smoothly, and sales increased from the previous interim accounting period.」
In the inflation molding machine business, scheduled revenue recognition for molding machines proceeded smoothly, mitigating in that business the impact of delays caused by the acceptance timing of large, high-value products that had become apparent through the previous period. - FY2024MaterialisedAnnual report
「In the blow molding machine business, scheduled revenue recognition for standard molding machines proceeded smoothly, but no large molding machines were delivered and accepted, resulting in lower sales than in the previous fiscal year.」
The absence of delivery and acceptance of large molding machines appeared in annual results as stalled revenue recognition, and the risk of sales volatility arising from acceptance timing became apparent. - FY2024-Q3MaterialisedAnnual report
「In the blow molding machine business, scheduled revenue recognition for standard molding machines proceeded smoothly, but no large molding machines were delivered and accepted, resulting in lower sales than in the same quarter of the previous year.」
The absence of delivery and acceptance of large molding machines caused revenue recognition to stall, and the risk of sales volatility arising from acceptance timing remains apparent. - FY2024-Q2MaterialisedAnnual report
「In the blow molding machine business, scheduled revenue recognition for standard molding machines proceeded smoothly, but no large molding machines were delivered and accepted, resulting in lower sales than in the same quarter of the previous year.」
The absence of delivery and acceptance of large molding machines caused revenue recognition to stall, and the risk of sales volatility arising from acceptance timing became apparent. - FY2024-Q1MaterialisedAnnual report
「In the inflation molding machine business, delivery acceptance for ordered large molding machines was concentrated in the second quarter and beyond. As sales were therefore limited to parts for general-purpose machines, extruders and other equipment, sales declined from the same quarter of the previous year.」
Delivery acceptance for ordered large molding machines was concentrated in the second quarter and beyond, and revenue recognition in the first quarter was in fact centered on parts sales. The risk of sales volatility arising from the acceptance timing of large, high-value products became apparent. - FY2023MitigatedAnnual report
「In the inflation molding machine business, scheduled revenue recognition for molding machines proceeded smoothly, and sales increased from the previous fiscal year.」
Scheduled revenue recognition for molding machines proceeded smoothly, mitigating on an annual basis the impact of delays caused by the acceptance timing of large, high-value products that had become apparent through the previous quarter. - FY2023-Q3MitigatedAnnual report
「Under these circumstances, scheduled revenue recognition for molding machines and recycling equipment proceeded smoothly despite the difficult market conditions described above, and net sales increased from the same quarter of the previous year.」
Scheduled revenue recognition for molding machines and recycling equipment proceeded smoothly, mitigating in this respect the impact of recognition timing that had been seen through the previous quarter. - FY2023-Q2MitigatedAnnual report
「Under these circumstances, although scheduled revenue recognition for molding machines proceeded smoothly and net sales increased from the same quarter of the previous year despite the difficult market conditions described above, the company was unable to offset the loss in the first quarter, resulting in an operating loss, ordinary loss and quarterly net loss.」
Scheduled revenue recognition for molding machines proceeded smoothly, mitigating in this respect during the quarter the impact of delays in revenue recognition caused by delivery and acceptance timing that had become apparent through the previous quarter. However, the cumulative result was a loss. - FY2023-Q1MaterialisedAnnual report
「In the inflation molding machine business, delivery acceptance for molding machines already ordered was concentrated from the second quarter onward, and revenue was limited to sales of components for general-purpose machines, extruders and other products. As a result, revenue decreased from the same quarter of the previous year to ¥140 million, down 48.0% year on year.」
Delivery acceptance for ordered molding machines was concentrated in the second quarter and beyond, and revenue recognition during the quarter was in fact centered on parts sales. The risk of sales volatility arising from the acceptance timing of large, high-value products became apparent. - FY2022MaterialisedAnnual report
「Under these circumstances, the outlook through early March was for net sales of ¥2,908 million and ordinary income of ¥219 million. However, parts that needed to be procured failed to arrive because of international logistics disruptions. As a result, revenue of ¥189 million was pushed into the fiscal year ending March 2023.」
The failure of parts to arrive because of logistics disruptions pushed recognition of ¥189 million in revenue into the fiscal year ending March 2023. The risk of fluctuations caused by the acceptance and revenue recognition timing of large, high-value products became apparent in actual results. - FY2022-Q3MaterialisedAnnual report
「As a result of making order expansion our top priority from the beginning of the fiscal year, order backlog at the end of the cumulative second quarter stood at ¥1,663 million. However, operating income and ordinary income declined, partly because many ordered machines were scheduled for revenue recognition in the fourth quarter.」
Although order backlog increased as orders expanded, revenue recognition for many ordered machines was scheduled for the fourth quarter, and the risk related to revenue recognition timing became apparent as a factor contributing to declines in operating income and ordinary income for the cumulative third quarter. - FY2022-Q2MitigatedAnnual report
「In the blow molding machine business, delivery acceptance for scheduled large molding machines proceeded smoothly. However, as in the inflation molding machine business, sales declined from the same quarter of the previous year owing to the impact of lower orders from the previous fiscal year.」
Delivery acceptance for scheduled large molding machines proceeded smoothly, mitigating during the quarter the impact of changes and postponements in acceptance timing that had remained apparent until immediately before the quarter. Meanwhile, the decline in sales was attributed to lower orders from prior fiscal years. - FY2022-Q1MaterialisedAnnual report
「In the blow molding machine business, although orders were received, sales were limited to parts for general-purpose machines, extruders and other equipment. As no large molding machines were delivered for recognition as revenue during the period, sales declined from the same quarter of the previous year.」
The absence of deliveries of large molding machines caused revenue recognition to stall, and the risk of performance fluctuations due to acceptance and revenue recognition timing became apparent. - FY2021MaterialisedAnnual report
「In the inflation molding machine business, we delivered multiple high-functionality multilayer film molding machines, but fewer large film molding machines were delivered than in the previous fiscal year, resulting in lower sales for the fiscal year.」
Fewer large film molding machines were delivered than in the previous period, and fluctuations related to acceptance and delivery timing became apparent in annual results as a decline in annual sales in the inflation molding machine business. - FY2021-Q3MaterialisedAnnual report
「Net sales declined from the same quarter of the previous year, partly because revenue recognition for some scheduled molding machines was pushed to the fourth quarter and beyond following a change in delivery acceptance timing.」
A change in delivery acceptance timing pushed revenue recognition for some molding machines to the fourth quarter and beyond, and company-wide net sales declined 17.3% year on year. The risk of sales volatility arising from the acceptance timing of large, high-value products has again become apparent. - FY2021-Q2MaterialisedAnnual report
「In the inflation molding machine business, some planned molding machine sales were scheduled to be recognized from the third-quarter accounting period onward due to a change in the timing of delivery acceptance, among other factors, resulting in lower revenue than in the same quarter of the previous year.」
A change in delivery acceptance timing for some molding machines actually pushed revenue recognition to the third quarter and beyond. The risk of sales volatility arising from the acceptance timing of large, high-value products has again become apparent. - FY2021-Q1MaterialisedAnnual report
「Revenue recognition for some scheduled molding machines was pushed to the second quarter and beyond following a change in delivery acceptance timing, resulting in lower net sales than in the same quarter of the previous year and declines in operating income, ordinary income and quarterly net income.」
Revenue recognition for some molding machines was pushed to the second quarter and beyond following a change in delivery acceptance timing, and the risk related to acceptance timing became apparent in declines in net sales and profit at each stage. - FY2020MitigatedAnnual report
「In the past, completion and acceptance of products tended to be concentrated at the fiscal year-end. Accordingly, we have worked to level out product acceptance timing to improve the efficiency of production activities and limit unexpected effects on performance. We also check progress against the targets set for each department in response to the business plan, as well as the thorough implementation of management policies, at monthly meetings, and work to reduce risk by improving operating efficiency, including by issuing improvement directives.」
To address fluctuations in profit or loss for the period caused by concentration of acceptance timing for large, high-value products, the company is leveling out acceptance timing and managing progress and issuing improvement directives at monthly meetings. - FY2020-Q3MitigatedAnnual report
「Revenue recognition for some large molding machines scheduled for the fourth quarter was brought forward to the third quarter because manufacturing lead times were shortened through efficiency improvements. Net sales were ¥2,236 million, up ¥383 million, or 20.7%, from the same quarter of the previous year.」
Shorter manufacturing lead times brought revenue recognition for some large molding machines forward from the fourth quarter to the third quarter, mitigating during the quarter the delays in recognition timing that had become apparent through the previous period. - FY2020-Q2MaterialisedAnnual report
「Scheduled delivery acceptance for large molding machines was concentrated in the third quarter and beyond, and deliveries of large molding machines recognized as revenue during the period did not occur because sales were limited to parts for general-purpose machines, extruders and other equipment.」
Delivery acceptance for large molding machines was concentrated in the third quarter and beyond, and a delay in revenue recognition during the quarter actually occurred. - FY2020-Q1MitigatedAnnual report
「Net sales increased in all three businesses, inflation molding machines, blow molding machines and recycling equipment, as delivery acceptance proceeded smoothly compared with the same quarter of the previous year, including for large machines.」
Delivery acceptance proceeded smoothly, including for large machines, mitigating during the quarter the impact of shifts in acceptance and revenue recognition timing that had become apparent through the previous period. - FY2019MaterialisedAnnual report
「As a result, net sales for the fiscal year declined from the previous year to ¥2,990 million because revenue recognition for some machines was scheduled for the following period and beyond, down 12.8% year on year.」
Revenue recognition for some machines was pushed to the following period and beyond, and the risk related to acceptance and revenue recognition timing became apparent in annual results as annual net sales declined 12.8% year on year. - FY2019-Q3MaterialisedAnnual report
「In the blow molding machine business, although there were orders, no large molding machines were delivered for revenue recognition during the period, and sales consisted mainly of modifications to existing machines. As a result, sales decreased from the same quarter of the previous year. Sales therefore amounted to ¥338 million, down 61.2% year on year.」
The absence of deliveries of large molding machines continued to delay revenue recognition, and the risk related to acceptance and revenue recognition timing remains apparent as sales in the blow molding machine business declined 61.2% year on year. - FY2019-Q2MaterialisedAnnual report
「In the blow molding machine business, although there were orders, no large molding machines were delivered for revenue recognition during the period, and sales consisted mainly of modifications to existing machines. As a result, sales decreased from the same quarter of the previous year. Sales therefore amounted to ¥232 million, down 67.5% year on year.」
The absence of deliveries of large molding machines caused revenue recognition to stall, and sales in the blow molding machine business declined 67.5% year on year. - FY2019-Q1MaterialisedAnnual report
「In the blow molding machine business, although there were orders, no large molding machines were delivered for revenue recognition during the period, and sales consisted mainly of modifications to existing machines. As a result, sales decreased from the same quarter of the previous year. Sales therefore amounted to ¥91 million, down 65.7% year on year.」
The absence of deliveries of large molding machines caused revenue recognition to stall, and the risk related to acceptance and revenue recognition timing became apparent as a decline in sales in the blow molding machine business. - FY2018MaterialisedAnnual report
「As a result, net sales for the fiscal year declined from the previous year to ¥3,428 million because revenue recognition for some machines was scheduled for the following period and beyond, down 7.2% year on year.」
Revenue recognition for some machines was pushed to the following period and beyond, resulting in a 7.2% year-on-year decline in annual net sales. - FY2018-Q3MaterialisedAnnual report
「As a result, although revenue recognition for some machines was scheduled for the fourth quarter and beyond, net sales for the cumulative third quarter increased by ¥36 million, or 1.5%, from the same quarter of the previous year to ¥2,443 million. Operating income was ¥125 million, up 1.7% year on year, while ordinary income was ¥125 million, down 0.2%.」
Revenue recognition for some machines was pushed to the fourth quarter and beyond. However, cumulative net sales increased 1.5% year on year. - FY2018-Q2MitigatedAnnual report
「As a result, delivery acceptance proceeded smoothly during the cumulative second quarter, including for large machines, and net sales increased by ¥227 million, or 13.5%, from the same quarter of the previous year to ¥1,913 million.」
Delivery acceptance proceeded smoothly, including for large machines, mitigating during the quarter the impact of shifts in revenue recognition timing caused by changes in acceptance timing that had become apparent in the previous quarter. - FY2018-Q1MaterialisedAnnual report
「As a result, net sales for the cumulative first quarter declined by ¥25 million, or 3.8%, from the same quarter of the previous year to ¥644 million, partly because revenue recognition for some scheduled molding machines was pushed to the second quarter and beyond following a change in delivery acceptance timing. However, results were broadly in line with the plan.」
A change in delivery acceptance timing pushed revenue recognition for some molding machines to the second quarter and beyond, resulting in a 3.8% year-on-year decline in net sales. - FY2017RestatedAnnual report
「For products, particularly large, high-value products, whose scheduled acceptance dates fall immediately before the fiscal year-end, revenue recognition may be pushed into the following period. This could reduce net sales and, depending on the product's profit margin, materially affect profit or loss for both the current and following periods.」
The company continues to identify, as an annual risk item, the risk that revenue recognition for large, high-value products will be pushed into the following period because of acceptance timing, causing fluctuations in profit or loss for the period. - FY2017-Q3MitigatedAnnual report
「As a result, net sales for the cumulative third quarter were broadly in line with the plan because acceptance of the large machines scheduled for recognition in the cumulative second quarter had been completed. Net sales increased by ¥360 million, or 17.6%, from the same quarter of the previous year to ¥2,407 million.」
Acceptance of the large machines postponed from the second quarter was completed, and net sales were broadly in line with the plan, mitigating the impact during the quarter of shifts in revenue recognition timing. - FY2017-Q2MaterialisedAnnual report
「Net sales were lower than initially forecast because revenue recognition for some of the scheduled large molding machines was pushed to the third quarter and beyond following a change in the production schedule.」
A change in the production schedule for large molding machines actually caused scheduled revenue recognition to be pushed to the third quarter and beyond, resulting in net sales below the initial forecast. - FY2017-Q1MitigatedAnnual report
「During the cumulative first quarter, delivery acceptance proceeded smoothly, including for large machines, and net sales increased from the same quarter of the previous year by ¥184 million, or 38.0%, to ¥669 million.」
Delivery acceptance proceeded smoothly during the quarter, including for large machines, and no decline in sales attributable to a shift in acceptance timing had become apparent in the performance explanation. - FY2016First statedAnnual report
「For products, particularly large, high-value products, whose scheduled acceptance dates fall immediately before the fiscal year-end, revenue recognition may be pushed into the following period. This could reduce net sales and, depending on the product's profit margin, materially affect profit or loss for both the current and following periods.」
The acceptance-based revenue recognition policy may push revenue from large, high-value products into the following period, potentially causing fluctuations in profit or loss for the current and following periods.