Seasonally lower revenue from completed construction contracts in the first quarter
First written in FY2017-Q1. 4 of 5 entries say "Restated". Latest entry: FY2022-Q1.
17 other companies' latest entry also says "Restated".
- FY2022-Q1RestatedAnnual report
「As part of the Group's normal course of business, revenue from completed construction contracts and the cost of completed construction contracts in the first quarter of the consolidated fiscal period tend to be lower than in other quarters of the consolidated fiscal period.」
The continued disclosure of the seasonality whereby revenue from completed construction contracts and the cost of completed construction contracts are lower in the first quarter than in other quarters. - FY2020-Q1RestatedAnnual report
「As part of Shinsei Plantech Co., Ltd.'s normal course of business, revenue from completed construction contracts in the first quarter of the consolidated fiscal period tends to be lower than in other quarters of the consolidated fiscal period because there is more construction work in progress.」
The continued seasonality whereby the first quarter has more construction work in progress and lower revenue from completed construction contracts than other quarters is described. - FY2019-Q1RestatedAnnual report
「As part of the Group's normal course of business, revenue from completed construction contracts in the first quarter of the consolidated fiscal period tends to be lower than in other quarters of the consolidated fiscal period because there is more construction work in progress.」
The continued seasonality whereby the first quarter has more construction work in progress and lower revenue from completed construction contracts than other quarters is described. - FY2018-Q1RestatedAnnual report
「As part of the Group's normal course of business, revenue from completed construction contracts in the first quarter of the consolidated fiscal period tends to be lower than in other quarters of the consolidated fiscal period because there is more construction work in progress.」
The continued seasonality whereby the first quarter has more construction work in progress and lower revenue from completed construction contracts than other quarters is described. - FY2017-Q1First statedAnnual report
「As part of the Group's normal course of business, revenue from completed construction contracts in the first quarter of the consolidated fiscal period tends to be lower than in other quarters of the consolidated fiscal period.」
The first quarter structurally tends to have lower revenue from completed construction contracts than other quarters because there is more construction work in progress, and this is explained as a performance factor.