A business structure in which sales, procurement and promotional activities are concentrated in the spring
First written in FY2016-Q2. 16 of 17 entries say "Restated". Latest entry: FY2024-Q2.
No other company in this theme has enough history to compare yet.
- FY2024-Q2RestatedAnnual report
「Current assets increased by ¥112 million from the end of the previous fiscal year to ¥3,981 million. This reflected increases of ¥52 million in notes and accounts receivable, ¥23 million in electronically recorded monetary claims, ¥99 million in marketable securities and ¥171 million in merchandise, among other factors, partly offset by a ¥239 million decrease in cash and deposits.」
Merchandise increased by ¥171 million under the procurement and sales cycle, including seasonal factors, showing the inventory-building business structure again in the second quarter. - FY2024-Q1RestatedAnnual report
「Current assets increased by ¥35 million from the end of the previous fiscal year to ¥3,904 million. This was due to the effects of a ¥28 million decrease in cash and deposits, a ¥169 million decrease in notes and accounts receivable and an ¥18 million decrease in electronically recorded monetary claims, among other factors, partly offset by an increase of ¥248 million in merchandise due to seasonal factors and difficult sales conditions.」
In addition to seasonality, difficult sales contributed to a ¥248 million increase in merchandise. The business structure in which inventory increases ahead of spring was also evident in the current quarter. - FY2023-Q1RestatedAnnual report
「Current assets decreased by ¥77 million from the end of the previous fiscal year to ¥3,932 million. This was due to the effects of a ¥146 million decrease in notes and accounts receivable, a ¥22 million decrease in electronically recorded monetary claims and a ¥99 million decrease in marketable securities, among other factors, partly offset by increases of ¥77 million in cash and deposits and ¥100.13 million in merchandise due to seasonal factors.」
The increase in merchandise due to seasonal factors amounted to ¥100.13 million, again showing the business structure in which inventory and other items increase ahead of spring. - FY2021-Q1RestatedAnnual report
「Current assets decreased by ¥91 million from the end of the previous fiscal year to ¥3,741 million. This was due to the effects of a ¥131 million decrease in notes and accounts receivable, an ¥11 million decrease in consumption taxes receivable, a ¥9 million decrease in marketable securities and a ¥3 million decrease in cash and deposits, among other factors, partly offset by an increase of ¥64 million in merchandise and finished goods due to seasonal factors.」
The seasonal increase in merchandise and finished goods amounted to ¥64 million, reaffirming the business structure in which inventory and other items build up ahead of spring. - FY2020-Q3RestatedAnnual report
「Current assets decreased by ¥341 million from the end of the previous fiscal year to ¥3,705 million. This was due to the effects of a ¥582 million decrease in cash and deposits and a ¥60 million decrease in notes and accounts receivable, among other factors, partly offset by increases of ¥261 million in merchandise due to seasonal factors and the decline in sales accompanying the spread of COVID-19, ¥7 million in marketable securities and ¥28 million in prepaid consumption taxes.」
In addition to seasonal factors, merchandise increased by ¥261 million against a backdrop of lower sales resulting from the spread of COVID-19, again showing the seasonal inventory and funding structure. - FY2020-Q1RestatedAnnual report
「Current assets decreased by ¥98 million from the end of the previous fiscal year to ¥3,948 million. This was due to the effects of a ¥123 million decrease in cash and deposits and a ¥170 million decrease in notes and accounts receivable, among other factors, partly offset by an increase of ¥183 million in merchandise and finished goods due to seasonal factors.」
The increase in merchandise and finished goods due to seasonal factors amounted to ¥183 million, reaffirming the seasonal nature of the business structure. - FY2019RestatedAnnual report
「Many of our products are used outdoors and include highly seasonal items. Consequently, our operating performance may be affected by abnormal weather, such as cool summers and warm winters, and natural disasters, such as earthquakes, floods and droughts.」
The company continues to explain its business structure, which involves highly seasonal products and is affected by abnormal weather and natural disasters. - FY2019-Q2RestatedAnnual report
「Current liabilities increased by ¥106 million from the end of the previous fiscal year to ¥947 million. This reflected, among other factors, a ¥141 million increase in notes and accounts payable due to the seasonal concentration of procurement, partly offset by a ¥20 million decrease in the provision for returns and a ¥16 million decrease in consumption taxes payable.」
The seasonal concentration of procurement continues to be reflected in higher notes and accounts payable. - FY2019-Q1RestatedAnnual report
「Current assets decreased by ¥129 million from the end of the previous fiscal year to ¥4,081 million. This was due to the effects of a ¥125 million decrease in cash and deposits and a ¥115 million decrease in notes and accounts receivable, among other factors, partly offset by an increase of ¥113 million in merchandise and finished goods due to seasonal factors.」
Seasonal procurement and inventory increases continue to be reflected in higher merchandise and finished goods. - FY2018-Q2RestatedAnnual report
「Current liabilities increased by ¥120 million from the end of the previous fiscal year to ¥845 million. This reflected, among other factors, a ¥162 million increase in notes and accounts payable due to the seasonal concentration of procurement, partly offset by a ¥13 million decrease in the provision for returns and a ¥18 million decrease in consumption taxes payable.」
The seasonal concentration of procurement ahead of spring continues to be reflected in higher notes and accounts payable. - FY2017RestatedAnnual report
「Many of our products are used outdoors and include highly seasonal items. Consequently, our operating performance may be affected by abnormal weather, such as cool summers and warm winters; natural disasters, such as earthquakes, floods and droughts; and radiation damage from nuclear accidents caused by the Great East Japan Earthquake that occurred in 2011.」
The company continues to explain its business structure, which involves highly seasonal products and is affected by the natural environment and seasonal factors. - FY2017-Q3RestatedAnnual report
「As part of our normal operating model, sales are higher in spring, with procurement and advertising and promotional activities concentrated in preparation for that season. Consequently, revenue and operating expenses are seasonally weighted toward the period through the cumulative second quarter.」
The company continues to explain the seasonality resulting from the concentration of sales, procurement and advertising and promotional activities in spring. - FY2017-Q2RestatedAnnual report
「As part of our normal operating model, sales are higher in spring, with procurement and advertising and promotional activities concentrated in preparation for that season. Consequently, revenue and operating expenses are seasonally weighted toward the period through the cumulative second quarter.」
The company continues to explain the seasonality resulting from the concentration of sales, procurement and advertising and promotional activities in spring. - FY2017-Q1RestatedAnnual report
「As part of our normal operating model, sales are higher in spring, with procurement and advertising and promotional activities concentrated in preparation for that season. Consequently, revenue and operating expenses are seasonally weighted toward the period through the cumulative second quarter.」
The company continues to explain the seasonality resulting from the concentration of sales, procurement and advertising and promotional activities in spring. - FY2016RestatedAnnual report
「Many of our products are used outdoors and include highly seasonal items. Consequently, our operating performance may be affected by abnormal weather, such as cool summers and warm winters; natural disasters, such as earthquakes, floods and droughts; and radiation damage from nuclear accidents caused by the Great East Japan Earthquake that occurred in 2011.」
In addition to continuing to explain the structural imbalance in revenue and expenses caused by seasonality, the company also describes its exposure to the natural environment as a business risk. - FY2016-Q3RestatedAnnual report
「As part of our normal operating model, sales are higher in spring, with procurement and advertising and promotional activities concentrated in preparation for that season. Consequently, revenue and operating expenses are seasonally weighted toward the period through the cumulative second quarter.」
The company continues to disclose the seasonality resulting from the concentration of sales, procurement and advertising and promotional activities in spring. - FY2016-Q2First statedAnnual report
「As part of our normal operating model, sales are higher in spring, with procurement and advertising and promotional activities concentrated in preparation for that season. Consequently, revenue and operating expenses are seasonally weighted toward the period through the cumulative second quarter.」
The company describes the concentration of sales, procurement and advertising and promotional activities ahead of spring, as well as the structural weighting of revenue and operating expenses toward the period through the cumulative second quarter.