Client Companies’ Investment Trends and Seasonal Fluctuations in Net Sales
First written in FY2017. 9 of 11 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 4 of 13 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual report
「Among the matters concerning the business and financial conditions described in this document, the following may materially affect investors' decisions.」
It does not describe customer investment trends or the concentration of revenue in March and September as a standalone item under business and other risks for the current fiscal year. - FY2021-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. However, reportable matters have arisen under “⑨ Management of Personal Information,” as described below.」
It is treated as having been subject to no material change regarding the risks associated with customer investment trends and seasonal fluctuations in revenue, except for matters reported in connection with personal information management. - FY2021-Q1RestatedAnnual report
「During the cumulative period of the first quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there has been no material change since the previous fiscal year regarding the risks associated with customer investment trends and seasonal fluctuations in revenue. - FY2020-Q3RestatedAnnual report
「During the nine months ended December 31, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is treated as having been subject to no material change regarding the risks associated with customer investment trends and seasonal fluctuations in revenue. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal year, there were no new business or other risks and no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It is treated as having been subject to no material change regarding the risks associated with customer investment trends and seasonal fluctuations in revenue. - FY2020-Q1RestatedAnnual report
「During the cumulative period of the first quarter of the consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is treated as having been subject to no material change regarding the risks associated with customer investment trends and seasonal fluctuations in revenue. - FY2019-Q3RestatedAnnual report
「During the cumulative period of the third quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is treated as having been subject to no material change regarding the risks associated with customer investment trends and seasonal fluctuations in revenue. - FY2019-Q2RestatedAnnual report
「During the cumulative period of the second quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is treated as having been subject to no material change regarding the risks associated with customer investment trends and seasonal fluctuations in revenue. - FY2019-Q1RestatedAnnual report
「During the cumulative period of the first quarter, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is treated as having been subject to no material change since the previous fiscal year regarding the risks associated with customer investment trends and seasonal fluctuations in revenue. - FY2018RestatedAnnual report
「Our results may fluctuate as a result of the impact of customer companies' investment trends. In addition, because many customer companies set their full fiscal year from April to March, our revenue tends to be concentrated toward the end of the second quarter (March) and the fiscal year-end (September).」
It continues to describe dependence on customer companies' investments in IT, business improvement and strategy development, as well as the concentration of revenue in March and September. - FY2017First statedAnnual report
「Our results may fluctuate as a result of the impact of customer companies' investment trends. In addition, because many customer companies set their full fiscal year from April to March, our revenue tends to be concentrated toward the end of the second quarter (March) and the fiscal year-end (September).」
It indicates dependence on customer companies' investments in IT, business improvement and strategy development, as well as the concentration of revenue toward quarter-ends and the fiscal year-end.