First-Quarter Bias in Performance Due to Seasonal Fluctuations
First written in FY2017. 13 of 14 entries say "Restated". Latest entry: FY2023-Q1.
6 other companies' latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal fluctuation of earnings due to shipments being concentrated from early autumn through early spring was reiterated. - FY2022-Q2RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated from early autumn through early spring was reiterated. - FY2021-Q3RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated from early autumn through early spring was reiterated. - FY2021-Q2RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal fluctuation of earnings due to shipments being concentrated from early autumn through early spring continued to be disclosed. - FY2021-Q1RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal fluctuation of earnings due to shipments being concentrated from early autumn through early spring was reiterated. - FY2020-Q3RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal fluctuation of earnings due to shipments being concentrated from early autumn through early spring was reiterated. - FY2019-Q3RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated from early autumn through early spring was reiterated. - FY2019-Q2RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated from early autumn through early spring was reiterated. - FY2019-Q1RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated from early autumn through early spring was reiterated. - FY2018RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated from early autumn through early spring was reiterated. - FY2018-Q3RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated from early autumn through early spring was reiterated. - FY2018-Q2RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated from early autumn through early spring was reiterated. - FY2018-Q1RestatedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
The seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated from early autumn through early spring was reiterated. - FY2017First statedAnnual report
「The Group’s earnings tend to be concentrated in the first quarter because, owing to the characteristics of its products and the peak selling seasons in Japan and overseas, shipments to customers are concentrated from early autumn through early spring.」
For the first time, the filing explicitly identified the seasonal risk of earnings being concentrated in the first quarter due to shipments being concentrated around the peak selling seasons in Japan and overseas.