Concentration of House and Condominium Handovers in the Fourth Quarter and March
First written in FY2017-Q1. 22 of 25 entries say "Restated". Latest entry: 2026-07-31.
The whole theme swung hardest in 2025: 6 of 20 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
- FY2025-H1ReframedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the second half, particularly March.」
The wording of the seasonality has broadened from “the fourth quarter, particularly March” to “the second half, particularly March.” - FY2024-Q1RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the industry seasonality of handovers of homes and condominiums and revenue recognition being concentrated in the fourth quarter, particularly March. - FY2023-Q3RestatedAnnual report
「Handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly March.」
The company continues to describe the industry seasonality of handovers of homes and condominiums and revenue recognition being concentrated in the fourth quarter, particularly March. - FY2023-Q2RestatedAnnual report
「Handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly March.」
The company continues to describe the industry seasonality of handovers and revenue recognition being concentrated in the fourth quarter, particularly March. - FY2023-Q1RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the industry seasonality of handovers of homes and condominiums being concentrated in the fourth quarter, particularly March. - FY2022-Q3RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2022-Q2RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the industry seasonality of handovers and revenue recognition being concentrated in the fourth quarter, particularly March. - FY2022-Q1RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the industry seasonality of handovers of homes and condominiums being concentrated in the fourth quarter, particularly March. - FY2021-Q3RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the industry seasonality of handovers and revenue recognition being concentrated in the fourth quarter, particularly March. - FY2021-Q2RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the industry seasonality of handovers and revenue recognition being concentrated in the fourth quarter, particularly March. - FY2020-Q3RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2020-Q2RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2020-Q1RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2019Explicit Disclosure of Second-Half-Weighted ResultsAnnual report
「The group is promoting the leveling of handover timing, mainly for detached homes, but its results have been weighted toward the second half over the past 3 periods.」
In addition to the established seasonality of concentration in the fourth quarter, particularly March, the company explicitly identified its second-half-weighted results over the past 3 periods as a risk. - FY2019-Q3RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2019-Q2RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2019-Q1RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2018-Q3RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2018-Q2RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2018-Q1RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2017-Q3RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2017-Q2RestatedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company continues to describe the seasonal pattern of handovers of homes and condominiums being concentrated in the fourth quarter, particularly in March. - FY2017-Q1First statedAnnual report
「In general, in the real estate industry in which the company operates, handovers of condominiums, homes and other properties, and the associated revenue recognition, tend to be concentrated in the fourth quarter, particularly in March.」
The company described the structural seasonality of revenue recognition timing in real estate sales.