Terminal Sales Tendency to Be Concentrated in the Second and Fourth Quarters
First written in FY2018-Q2. 7 of 8 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 10 of 26 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Some of the software development, sales of equipment such as terminals, and services provided by the Company involve large-scale projects. The Company aims to expand its business, but it is currently in the growth phase and remains small in scale. Consequently, the timing of revenue recognition for these projects may be uneven, causing results to fluctuate significantly from period to period when viewed over individual quarters or fiscal years.」
The business characteristic that results fluctuate from period to period because the timing of revenue recognition for large projects is uneven continues to be disclosed. - FY2020RestatedAnnual report
「Some of the software development, sales of equipment such as terminals, and services provided by the Group involve large-scale projects. The Group aims to expand its business, but it is currently in the growth phase and remains small in scale. Consequently, the timing of revenue recognition for these projects may be uneven, causing results to fluctuate significantly from period to period when viewed over individual quarters or accounting years.」
The possibility that results for individual periods may fluctuate because the timing of revenue recognition for large projects is uneven continues to be disclosed. - FY2019RestatedAnnual report
「Some of the software development, sales of equipment such as terminals, and services provided by the Group involve large-scale projects. The Group aims to expand its business, but it is currently in the growth phase and remains small in scale. Consequently, the timing of revenue recognition for these projects may be uneven, causing results to fluctuate significantly from period to period when viewed over individual quarters or accounting years.」
The possibility that results for individual periods may fluctuate because the timing of revenue recognition for large projects is uneven continues to be described. - FY2019-Q3RestatedAnnual report
「Ahead of the fourth quarter, when terminal deliveries are concentrated each year, deliveries to sales partners tend to decrease in the third quarter」
This reconfirms the seasonality of deliveries, which are concentrated in the fourth quarter and lower in the third quarter. - FY2019-Q1RestatedAnnual report
「Because terminal deliveries tend to be concentrated in the second and fourth quarters」
This reconfirms the seasonality of terminal deliveries, which are concentrated in the second and fourth quarters. - FY2018RestatedAnnual report
「Some of the software development, sales of equipment such as terminals, and services provided by the Group involve large-scale projects. The Group aims to expand its business, but it is currently in the growth phase and remains small in scale. Consequently, the timing of revenue recognition for these projects may be uneven, causing results to fluctuate significantly from period to period when viewed over individual quarters or accounting years.」
This reconfirms the business characteristic that results fluctuate from period to period because the timing of recognition for large projects is uneven. - FY2018-Q3RestatedAnnual report
「Because terminal deliveries tend to be concentrated in the second and fourth quarters」
This reconfirms the seasonality of terminal deliveries, which are concentrated in the second and fourth quarters. - FY2018-Q2First statedAnnual report
「In the IoT solutions services business, terminal sales, which account for most of revenue, tend to increase in the second and fourth quarters」
This describes the business characteristic of quarterly seasonality in terminal sales.