Concentration of Sales in the Fourth Quarter Due to Custom Production
First written in FY2025-H1. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Our group’s businesses are based on individual-order production, and results fluctuate by quarterly consolidated accounting period.」
It continues to state that quarterly results fluctuate structurally due to made-to-order production, but the specific previous statement that revenue tends to be concentrated in the fourth quarter has been removed. - 2026-04-13RestatedEarnings
「Our group’s businesses are based on individual-order production, and results fluctuate by quarterly consolidated accounting period.」
Reiterated the structural fact that quarterly results fluctuate because the businesses are based on individual-order production. - FY2026-H1RestatedAnnual report
「Our group’s businesses are based on individual-order production, and results fluctuate by quarterly consolidated accounting period.」
Reiterated the structural fact that quarterly results fluctuate because the businesses are based on individual-order production. - FY2025-H1First statedAnnual report
「In addition, because the Group’s business involves made-to-order production and revenue tends to be concentrated in the fourth-quarter consolidated accounting period, results vary by quarterly consolidated accounting period.」
Newly stated that made-to-order production is a characteristic of the business structure and that quarterly results fluctuate because revenue is concentrated in the fourth quarter.