Concentration of Revenue at the March Fiscal Year-End and Risk of Deferral into the Following Fiscal Year
First written in FY2017. 12 of 21 entries say "Restated". Latest entry: 2026-05-08.
The whole theme swung hardest in 2020: 10 of 32 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- 2026-05-08MitigatedEarnings
「Net sales increased significantly from the same period of the previous year because we were able to recognize sales from our substantial order backlog largely according to schedule.」
The company recognized most of its order backlog as sales according to schedule, indicating that the impact of delays in the timing of sales was limited. - FY2025MitigatedAnnual report
「Net sales also substantially exceeded the previous fiscal year and reached a record high for the third consecutive year, as the substantial order backlog was generally recognized as sales in line with delivery schedules.」
Although delivery delays and shifts into the following fiscal period had materialized through the previous fiscal year, most of the substantial order backlog was recognized as sales in line with delivery schedules during the current fiscal year, limiting the impact of changes in sales timing. - FY2025-H1MaterialisedAnnual report
「This was because equipment deliveries to customers were delayed into a different accounting period than initially expected, resulting in a slight decline in revenue compared with the initial revenue forecast.」
Cases in which the delivery timing of customer equipment shifted into the following fiscal period actually occurred, becoming a factor behind lower sales than initially expected. The risk of sales timing being deferred was reflected in the interim results. - FY2024MitigatedAnnual report
「Net sales also increased from the previous fiscal year because the substantial order backlog was generally recognized as sales in line with delivery schedules.」
The substantial order backlog was generally recognized as sales in line with delivery schedules, and the impact of year-end concentration and sales timing being deferred due to delivery delays was limited during the fiscal year. - FY2024-Q3MitigatedAnnual report
「Net sales increased to ¥83,139 million, or 105.7% year on year, as the substantial order backlog was generally recognized as sales in line with delivery schedules.」
The substantial order backlog was generally recognized as sales in line with delivery schedules, and the impact of sales timing being deferred due to delivery delays was limited during the quarter, according to the disclosure. - FY2023-Q3MaterialisedAnnual report
「Sales of equipment-related products remained sluggish, as the timing of sales continued to run later than expected due to the impact of activity restrictions arising from COVID-19 and delays in the delivery schedules of delivered equipment.」
Cases in which the timing of equipment-related sales was delayed beyond expectations due to delayed delivery schedules for delivered equipment actually occurred, indicating that the risks of sales concentration at the March fiscal year-end and deferral to the following fiscal year have materialized. Sales at the East Japan headquarters were ¥25,280 million, up 104.9% year on year. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no material changes in financial condition, operating results or cash flow, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of sales concentration at the March fiscal year-end and deferral to the following fiscal year. - FY2022RestatedAnnual report
「To ensure strict schedule management concerning delivery and operating dates with customers and suppliers, the Group routinely instructs the relevant departments to maintain close information exchange. The executive officers' meeting also monitors developments by receiving monthly reports from each department on progress against its initial sales plan.」
The Company continues to disclose the risks of sales concentration at the fiscal year-end and deferral to the following fiscal year, and explicitly describes monitoring through information exchange with customers and suppliers and monthly reports on progress against sales plans. - FY2022-Q3RestatedAnnual report
「During the nine months ended 31 December, there were no material changes, including abnormal fluctuations in the financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company treats the risks of sales concentration at the March fiscal year-end and deferral to the following fiscal year as involving no material changes from the risks disclosed in the previous fiscal year. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no material changes in financial condition, operating results or cash flow, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company treats the risks of sales concentration at the March fiscal year-end and deferral to the following fiscal year as involving no material changes from the risks disclosed in the previous fiscal year. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no material changes in financial condition or operating results, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company treats the risks of sales concentration at the March fiscal year-end and deferral to the following fiscal year as involving no material changes from the risks disclosed in the previous fiscal year. - FY2020-Q3MaterialisedAnnual report
「During the nine-month period of the current consolidated fiscal year, although capital investment demand in the food, logistics-related and other industries contributed to performance, some customer delivery deadlines were delayed and the timing of sales was deferred to the fourth quarter. Net sales were ¥25,583 million, or 97.4% of the year-earlier period.」
Projects in which the timing of sales was deferred to the fourth quarter due to delayed customer delivery deadlines occurred at the East Japan headquarters, indicating that the risks of year-end concentration and deferral of sales timing have resurfaced. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no material changes in financial condition, operating results or cash flow, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company continues to treat the risk of sales concentration at the March fiscal year-end and deferral to the following fiscal year as involving no material changes. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no material changes in financial condition or operating results, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company continues to treat the risk of sales concentration at the March fiscal year-end and deferral to the following fiscal year as involving no material changes. - FY2019RestatedAnnual report
「Customer delivery deadlines for equipment projects also tend to be concentrated around the March fiscal year-end. Accordingly, if sales scheduled for the end of March are deferred to the following fiscal year, this may affect the operating results of the Group and the Company. In addition, quarterly disclosed operating results may show temporarily low profit levels through the third quarter.」
The Company continues to disclose the risks of equipment project delivery deadlines being concentrated at the March fiscal year-end, sales being deferred to the following fiscal year, and profit levels declining through the third quarter. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no material changes in financial condition or operating results, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks disclosed in the previous fiscal year, including the risk of sales concentration at the March fiscal year-end and deferral to the following fiscal year. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no material changes in financial condition, operating results or cash flow, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks disclosed in the previous fiscal year, including the risk of sales concentration at the March fiscal year-end and deferral to the following fiscal year. - FY2019-Q1MaterialisedAnnual report
「As for sales, some projects were recorded in which the timing of revenue recognition fell in or after the second quarter due to the progress of machinery and equipment construction.」
Projects in which the timing of sales was deferred to the second quarter or later due to the progress of machinery and equipment construction actually occurred, indicating that the risks of year-end concentration and deferral to the following fiscal year have materialized. - FY2018RestatedAnnual report
「Customer delivery deadlines for equipment projects also tend to be concentrated around the March fiscal year-end. Accordingly, if sales scheduled for the end of March are deferred to the following fiscal year, this may affect the operating results of the Group and the Company.」
The Company continues to disclose the risks of delivery deadlines being concentrated at the March fiscal year-end, sales being deferred to the following fiscal year, and profit levels declining through the third quarter. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no material changes in financial condition, operating results or cash flow, including any unusual changes, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The Company explains that there have been no material changes to the business and other risks disclosed in the previous fiscal year, and continues to treat the risk of sales concentration at the March fiscal year-end and deferral to the following fiscal year as ongoing. - FY2017First statedAnnual report
「Customer delivery deadlines for equipment projects also tend to be concentrated around the March fiscal year-end. Accordingly, if sales scheduled for the end of March are deferred to the following fiscal year, this may affect the operating results of the Group and the Company. In addition, quarterly disclosed operating results may show temporarily low profit levels through the third quarter.」
The Company has disclosed as a new business-environment risk the possibility that delivery deadlines for equipment projects will be concentrated at the March fiscal year-end, causing sales to be deferred to the following fiscal year and profit levels to decline through the third quarter.