Second-half concentration of recognition and progress management for the full-year plan
First written in FY2017-Q1. 15 of 20 entries say "Restated". Latest entry: FY2026.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, revenue, operating profit, ordinary profit and net income each achieved approximately one-third of the three-year cumulative targets, as shown below, marking a strong start toward setting new record-high results for the Medium-Term Management Plan for consecutive years.」
Achievement rates against the cumulative targets for the first year of the Tenth Medium-Term Management Plan were 33% for revenue, 32% for operating profit, 32% for ordinary profit and 33% for net income. - FY2026-H1Initial plan revised downward following lower first-half ordersAnnual report
「There are signs of improvement, including large customer-acquisition events drawing more visitors than last year and continued strong orders for products such as the high-insulation renovation offering and Sumitomo Realty & Development's "Sumika," which comes standard with ZEH specifications, raising expectations for higher order unit prices. However, reflecting the decline in first-half orders, the initial plan was revised downward.」
In the Housing business, orders for homes were below the year-earlier period, and the initial plan was revised downward to reflect lower first-half orders. At the same time, management said there were signs of improvement in high-insulation renovations, ZEH-specification products and large customer-acquisition events. - FY2025-H1Recovery toward plan driven by higher ordersAnnual report
「Orders in the interim period were 3,669 homes in the "Shinchiku Sokkuri-san" business, up 158 homes year on year, and 1,152 homes in the Custom-Built Homes business, up 5 homes, with both businesses performing strongly and exceeding the year-earlier levels. Although the division reported lower revenue and operating profit, recognized homes are expected to increase mainly in the second half, as in a typical year, in addition to the increase in orders, and management considers progress against full-year earnings to be in line with plan.」
The explanation changed from the previous view that fourth-quarter recognition would be below the year-earlier level to one that both businesses had returned to year-on-year order growth and were on track with the full-year plan, assuming higher recognition in the second half. - FY2024-Q3Recognized homes in the fourth quarter are expected to be below the year-earlier levelAnnual report
「Recognized homes in the fourth quarter, reflecting the decline in orders through the third quarter, are expected to be below the year-earlier level, and management considers the business to be somewhat weaker against the annual plan.」
Compared with the previous explanation, which assumed higher recognition in the second half and fourth quarter, management this time indicated that recognized homes in the fourth quarter are expected to be below the year-earlier level, reflecting the decline in orders. - FY2024-Q2RestatedAnnual report
「Operating profit progress against the full-year earnings forecast was only 17%, but recognized homes in both businesses are expected to increase in the second half, and management considers progress to be in line with plan.」
Operating profit progress for the Completed Construction business was only 17%, but management reconfirmed its view that progress was in line with the full-year plan, assuming recognized homes in both businesses will increase in the second half. - FY2024-Q1RestatedAnnual report
「Selling price increases have taken hold in both businesses and margins are trending higher, while recognized homes are also expected to increase mainly in the second half, as in a typical year. Accordingly, management considers progress against full-year earnings to be in line with plan.」
For the Completed Construction business, recognized homes were low in the first half, but management reiterated its explanation that the business was on track with the full-year plan, assuming margin improvement from price increases and higher recognition in the second half. - FY2023-Q3RestatedAnnual report
「Operating profit progress against the full-year earnings forecast was only 50%, but recognition in the fourth quarter is expected to increase in both businesses, mainly from backlog accumulated in the previous fiscal year, and management considers progress to be in line with plan.」
Operating profit progress for the Completed Construction business was only 50%, but management reconfirmed its view that progress was in line with the full-year plan, as recognition in the fourth quarter is expected to increase, mainly from backlog. - FY2023-Q2RestatedAnnual report
「Operating profit progress against the full-year earnings forecast was only 14%, but backlog accumulated in the previous fiscal year is expected to be recognized mainly in the second half in both businesses, and management considers progress to be in line with plan.」
Operating profit progress for the Completed Construction business was only 14%, but management reconfirmed its view that progress was in line with the full-year plan, assuming backlog will be recognized mainly in the second half. - FY2023-Q1RestatedAnnual report
「The division reported lower revenue and operating profit due to a decline in recognized homes, but backlog accumulated in the previous fiscal year is expected to be recognized going forward, mainly in the second half, in both businesses, and management considers progress against the full-year earnings forecast to be in line with plan.」
The Completed Construction business reported lower revenue and operating profit in the first quarter, but management reconfirmed its explanation that progress was in line with the full-year plan, assuming future recognition of backlog accumulated up to the previous fiscal year. - FY2022-Q3RestatedAnnual report
「Operating profit progress against the full-year earnings forecast was 63%, but, as in a typical year, recognized homes are expected to increase in the fourth quarter, and management considers the division's performance to be progressing in line with plan.」
Operating profit progress for the Completed Construction business was 63% for the nine months ended December, but management considers progress to be in line with plan, assuming an increase in recognized homes in the fourth quarter. - FY2021-Q2RestatedAnnual report
「As in a typical year, recognized homes in the division are expected to increase mainly in the second half.」
Recognized homes in the Completed Construction business were below the year-earlier period in the first half, but management reconfirmed its explanation that, as in a typical year, recognized homes are expected to increase mainly in the second half, supporting full-year progress. - FY2021-Q1RestatedAnnual report
「As in a typical year, recognized homes in the division are expected to increase mainly in the second half.」
Orders for the Completed Construction business declined in the first quarter, but management reconfirmed its explanation that, as in a typical year, recognized homes are expected to increase mainly in the second half, supporting full-year progress. - FY2020-Q2RestatedAnnual report
「Backlog accumulated through strong orders up to the previous fiscal year is expected to be recognized going forward, and management considers progress against the full-year earnings forecast to be in line with plan.」
Although orders for the Completed Construction business declined, management considers progress to be in line with the full-year plan, assuming future recognition of backlog. - FY2020-Q1RestatedAnnual report
「As in a typical year, recognized homes in the division are expected to increase mainly in the second half, and management considers progress to be in line with plan.」
Orders for the Completed Construction business declined in the first quarter, but management reconfirmed its view that progress was in line with the full-year plan, assuming an increase in recognized homes mainly in the second half. - FY2019-Q3RestatedAnnual report
「Record-high home orders, with revenue and operating profit both increasing, putting progress in line with plan」
The company explained that progress in the Completed Construction business was in line with plan, as orders reached a record high and higher unit prices resulted in higher revenue and operating profit despite a slight decline in recognized homes. - FY2019-Q1RestatedAnnual report
「The division reported lower revenue and operating profit, but, as in a typical year, recognized homes are expected to increase mainly in the second half, and management considers progress to be in line with plan.」
The Completed Construction business reported lower revenue and operating profit in the first quarter, but management considers progress to be in line with the full-year plan, assuming an increase in recognized homes mainly in the second half. - FY2018-Q2RestatedAnnual report
「The division reported lower revenue and operating profit because recognized homes in both the Custom-Built Homes business and the "Shinchiku Sokkuri-san" business were slightly below the year-earlier period. However, recognized homes are expected to increase in the second half, and management considers progress to be in line with plan.」
The Completed Construction business reported lower revenue and operating profit in the first half, but management reconfirmed its view that progress was in line with plan, assuming an increase in recognized homes in the second half. - FY2018-Q1RestatedAnnual report
「In this business segment, the number of units recognized in the “Shinchiku Sokkuri-san” business was limited to 1,485, down 117 units year on year, resulting in lower revenue and profit. However, the number of units recognized is expected to increase mainly in the second half, and the Company considers progress to be in line with the plan.」
The Completed Construction business reported lower revenue and operating profit in the first quarter, but, assuming an increase in recognized homes mainly in the second half, management reconfirmed its view that progress was in line with plan. - FY2017-Q3RestatedAnnual report
「The operating profit progress rate against the full-year earnings forecast was 57%, but the number of units recognized in the fourth quarter is expected to be high, as usual. The Company considers progress to be in line with the plan revised downward in the second quarter.」
For the completed construction business, the Company reconfirmed its view that progress is in line with the plan revised downward in the second quarter, based on an increase in recognition in the fourth quarter. The real estate brokerage business is also expected to recognize higher revenue in the fourth quarter. - FY2017-Q1First statedAnnual report
「As usual, the number of units recognized is expected to increase in the second half, and the Company considers progress to be in line with the plan.」
For the completed construction and real estate brokerage businesses, the Company considers progress to be in line with the full-year plan, even if profit and revenue recognition in the first half is low, based on the usual increase in recognition during the second half.