Second-Half Concentration of Results
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2026.
17 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the social infrastructure business, the business serving government agencies and municipalities, and in the building facilities business, the business serving the construction industry, the Group’s results tend to be concentrated in the fourth quarter because construction completion and acceptance are often concentrated at the end of the fiscal year, among other factors.」
The fourth-quarter concentration of results and the potential impact if construction and acceptance are not completed within the fiscal year continue to be described. - FY2023ReframedAnnual report
「Fourth-quarter concentration of operating results」
The risk is described as a more narrowly defined period of concentration in the fourth quarter due to the timing of construction completion and acceptance, rather than the previous concentration in the second half. - FY2020RestatedAnnual report
「The Group’s results tend to be weighted toward the second half because the completion and acceptance of construction work are often concentrated at the end of the fiscal year, among other factors.」
The second-half concentration of results due to the timing of construction completion and acceptance has been reconfirmed. - FY2018First statedAnnual report
「The Group’s results tend to be weighted toward the second half because the completion and acceptance of construction work are often concentrated at the end of the fiscal year, among other factors.」
The second-half concentration of results related to sales to government agencies and municipalities and sales to the construction industry is described.