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Raiznext (6379) · FactFirst stated

Deferral of revenue recognition for a large scheduled maintenance project to the third quarter or later

First written in FY2024-Q2. . Latest entry: FY2024-Q2.

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  1. FY2024-Q2First statedAnnual report

    「Gross profit on completed construction declined from the same period of the previous year, mainly because revenue from large-scale periodic repair work scheduled to be recognized by the second quarter was deferred until the third quarter or later.」

    Revenue from large-scale periodic repair work scheduled to be recognized by the second quarter was deferred until the third quarter or later, contributing to the year-on-year decline in gross profit on completed construction.
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Deferral of revenue recognition for a large scheduled maintenance project to the third quarter or later | RAIZNEXT Corporation (6379) | Komori