Quarterly Revenue Concentration Due to Property Handover Timing
First written in FY2017-Q1. 27 of 33 entries say "Restated". Latest entry: FY2027-H1.
17 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In the business segments operated by the company, revenue may be uneven between the first and second halves of the fiscal year due to the characteristics of the businesses.」
The notes to the interim consolidated income statement reconfirm the structural possibility of uneven revenue between the first and second halves of the fiscal year due to the characteristics of the businesses. - FY2026-H1RestatedAnnual report
「In the business segments operated by the company, revenue may be uneven between the first and second halves of the fiscal year due to the characteristics of the businesses.」
The notes to the interim consolidated income statement reconfirm the structural possibility of uneven revenue between the first and second halves of the fiscal year due to the characteristics of the businesses. - FY2025-H1RestatedAnnual report
「In the business segments operated by the company, revenue may be uneven between the first and second halves of the fiscal year due to the characteristics of the businesses.」
The notes to the interim consolidated income statement reconfirm the structural possibility of uneven revenue between the first and second halves of the fiscal year due to the characteristics of the businesses. - FY2025-Q1RestatedAnnual report
「In the business segments operated by the company, quarterly revenue may be uneven due to the characteristics of the businesses.」
The notes to the quarterly consolidated income statement reconfirm the structural possibility of uneven quarterly revenue due to the characteristics of the businesses. - FY2024RestatedAnnual report
「In addition, if delivery timing is delayed beyond the end of a quarter or fiscal year due to unforeseen circumstances, such as delays in business schedules caused by natural disasters or other unforeseeable events, the Group's results may fluctuate significantly.」
The annual report reconfirms as key risks the concentration of earnings around delivery timing and the possibility of significant earnings fluctuations if deliveries extend beyond the end of a quarter or fiscal year. - FY2024-Q3RestatedAnnual report
「In the business segments operated by the company, quarterly revenue may be uneven due to the characteristics of the businesses.」
The notes to the quarterly consolidated income statement reiterate the structural possibility of uneven quarterly revenue due to the characteristics of the businesses. - FY2024-Q1RestatedAnnual report
「In the business segments operated by the company, quarterly revenue may be uneven due to the characteristics of the businesses.」
The notes to the quarterly consolidated income statement reiterate the structural possibility of uneven quarterly revenue due to the characteristics of the businesses. - FY2023-Q3RestatedAnnual report
「In the business segments operated by the company, quarterly revenue may be uneven due to the characteristics of the businesses.」
The notes to the quarterly consolidated income statement reiterate the structural possibility of uneven quarterly revenue due to the characteristics of the businesses. - FY2023-Q2RestatedAnnual report
「In the business segments operated by the company, quarterly revenue may be uneven due to the characteristics of the businesses.」
The notes to the quarterly consolidated income statement reiterate the structural possibility of uneven quarterly revenue due to the characteristics of the businesses. - FY2023-Q1MaterialisedAnnual report
「(Real Estate Investment Business) In the real estate investment business, no projects were delivered during the first quarter of the current consolidated cumulative period. As a result, the business recorded an operating loss of ¥12 million, compared with revenue of ¥90 million and operating income of ¥76 million in the same period of the previous year.」
The risk of quarterly earnings being uneven due to delivery timing materialized in the real estate investment business as no deliveries were made during the quarter, resulting in an operating loss of ¥12 million compared with revenue and operating income in the same period of the previous year. - FY2022MaterialisedAnnual report
「In the real estate investment business, revenue was recognized from the settlement of a joint venture project, and revenue increased compared with the previous consolidated fiscal year. However, as a result of recognizing an inventory valuation loss on projects with delayed progress, revenue was ¥670 million, up 1,871.1% year on year, and the operating loss was ¥76 million, compared with an operating loss of ¥37 million in the previous fiscal year.」
Due to delays in the progress of certain projects, the company recorded an inventory valuation loss of ¥179.498 million. Although revenue from the real estate investment business increased, the business posted an operating loss of ¥76 million. The risk of earnings fluctuations depending on the timing of deliveries and project progress has again materialized as an actual loss in the current period. - FY2022-Q3RestatedAnnual report
「In the business segments operated by the company, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes to the quarterly consolidated income statement reiterate the structure under which quarterly revenue may be uneven depending on delivery timing. - FY2022-Q2RestatedAnnual report
「In the business segments operated by the company, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes to the quarterly consolidated income statement reiterate the structure under which quarterly revenue may be uneven depending on delivery timing. - FY2022-Q1RestatedAnnual report
「In the business segments operated by the company, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes to the quarterly consolidated income statement reiterate the structure under which quarterly revenue may be uneven depending on delivery timing. - FY2021MaterialisedAnnual report
「The company discussed with its audit firm projects in which discussions with government agencies and other parties involved in the businesses were taking substantially longer than expected due to the spread of the novel coronavirus and other factors, and recognized an inventory valuation loss.」
Due to delays in deliveries and business progress, an inventory valuation loss was recognized for the projects, and full-year revenue also declined 60.3% year on year. The risk of fluctuations in performance due to delivery timing and progress has materialized as an actual deterioration in performance. - FY2021-Q3RestatedAnnual report
「In the business segments operated by the company, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes to the quarterly consolidated income statement reiterate the structure under which quarterly revenue may be uneven depending on delivery timing. - FY2021-Q2RestatedAnnual report
「In the business segments operated by the company, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes to the quarterly consolidated income statement reiterate the structure under which quarterly revenue may be uneven depending on delivery timing. - FY2021-Q1RestatedAnnual report
「In the business segments operated by the company, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes to the quarterly consolidated income statement reiterate the structure under which quarterly revenue may be uneven depending on delivery timing. - FY2020RestatedAnnual report
「In the business segments operated by our group, revenue is recognized when deliveries are made, rather than when sale and purchase agreements are concluded. Profit margins also vary by individual project. Accordingly, performance is uneven depending on project delivery timing. Because performance is expected to remain uneven for the same reason in the future, caution is required when assessing our group’s performance.」
The report reiterates the structure under which performance may be uneven depending on delivery timing and project-specific profit margins, and that uneven performance may continue to occur in the future. - FY2020-Q3RestatedAnnual report
「In the businesses operated by the company, namely the real estate investment business, renewable energy-related investment business and renovation business, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The report reiterates the structure under which quarterly revenue may be uneven depending on delivery timing across the 3 business segments. - FY2020-Q2RestatedAnnual report
「In the business segments operated by the company, namely the real estate investment business, renewable energy-related investment business and renovation business, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The report reiterates the structure under which quarterly revenue may be uneven depending on delivery timing across the 3 business segments. - FY2020-Q1MaterialisedAnnual report
「Because revenue is generally recognized when deliveries are made in the ordinary course of business, no revenue was recognized in the real estate investment business during the first quarter of the current consolidated fiscal year because there were no projects delivered.」
The risk of uneven quarterly performance due to delivery timing has materialized this quarter in the form of no deliveries in the real estate investment business or renewable energy-related investment business, resulting in no revenue being recognized in either business. - FY2019MaterialisedAnnual report
「Of the 2 projects scheduled to generate revenue during the current consolidated fiscal year, consisting of 1 real estate investment project and 1 renewable energy-related investment project, revenue could not be recognized for either project. As a result, revenue was ¥2,244 million, down 48.7% year on year.」
The risk of uneven performance due to delivery timing and other factors has materialized in the form of 2 projects scheduled for revenue recognition not being recognized during the current fiscal year, resulting in lower full-year revenue. - FY2019-Q3RestatedAnnual report
「In the businesses operated by the company, namely the real estate investment business, renewable energy-related investment business and Other businesses, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The report reiterates the structure under which quarterly revenue may be uneven depending on delivery timing in each of the real estate investment, renewable energy-related investment and Other businesses. - FY2019-Q2RestatedAnnual report
「In the business segments operated by the company, namely the real estate investment business, renewable energy-related investment business and Other businesses, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The report reiterates the structure under which quarterly revenue may be uneven depending on delivery timing in each of the real estate investment, renewable energy-related investment and Other business segments. - FY2019-Q1RestatedAnnual report
「In the business segments operated by the company, namely the real estate investment business, renewable energy-related investment business and Other businesses, because revenue is generally recognized when deliveries are made in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The report reiterates the structure under which quarterly revenue may be uneven depending on delivery timing in each of the real estate investment, renewable energy-related investment and Other businesses. - FY2018RestatedAnnual report
「Because performance is expected to remain uneven for the same reason in the future, caution is required when assessing our group’s performance.」
The report reiterates the structure under which quarterly and annual performance may be uneven depending on the timing of property deliveries and that performance may continue to be uneven in the future. - FY2018-Q3RestatedAnnual report
「For the previous second quarter cumulative consolidated accounting period (from 1 March 2016 to 31 August 2016) and the current second quarter cumulative consolidated accounting period (from 1 March 2017 to 31 August 2017), in the real estate business operated by the company, because revenue is generally recognized when properties are delivered in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes to the quarterly consolidated income statement reiterate the structure under which quarterly revenue may be uneven depending on the timing of property deliveries. - FY2018-Q2RestatedAnnual report
「For the previous second quarter cumulative consolidated accounting period (from 1 March 2016 to 31 August 2016) and the current second quarter cumulative consolidated accounting period (from 1 March 2017 to 31 August 2017), in the real estate business operated by the company, because revenue is generally recognized when properties are delivered in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes reiterate the structure under which quarterly revenue may be uneven depending on the timing of property deliveries. - FY2018-Q1RestatedAnnual report
「In the real estate business operated by the company, because revenue is generally recognized when properties are delivered in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes reiterate the structure under which quarterly revenue may be uneven depending on the timing of property deliveries. - FY2017RestatedAnnual report
「Performance is uneven depending on the timing of project deliveries. Performance is expected to remain uneven for the same reason in the future.」
The report reiterates that revenue recognition depends on the timing of deliveries and that performance will continue to be uneven depending on project delivery schedules. It also describes fluctuations in performance when deliveries extend beyond the fiscal year-end. - FY2017-Q2RestatedAnnual report
「In the real estate business operated by the company, because revenue is generally recognized when properties are delivered in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The notes reiterate the structure under which quarterly revenue may be uneven depending on the timing of property deliveries. - FY2017-Q1First statedAnnual report
「Because revenue is generally recognized when properties are delivered in the ordinary course of business, quarterly revenue may be uneven depending on the timing of delivery.」
The report explains the structure under which quarterly revenue may fluctuate depending on the timing of real estate property deliveries.