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Meiho Enterprise (8927) · FactDecline in remaining performance obligations

Remaining performance obligations under long-term construction contracts

First written in FY2024. . Latest entry: FY2025.

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ProgressHeldSoftenedWorseFirst statedFY2024 – FY20252024: 120242025: 12025
Same theme, other companies
Revenue Recognition Disclosure of Transaction Price Allocated to Remaining Performance ObligationsA theme 37 companies write about · 0 as a headwind · 9 as a tailwind

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Showing 14 of the 37 companies compared. The sentences above are computed from all 37.
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  1. FY2025Decline in remaining performance obligationsAnnual report

    「As of the end of the current consolidated fiscal year, unsatisfied or partially unsatisfied performance obligations amounted to ¥1.268145 billion. These performance obligations relate to long-term contract work in the construction business, and approximately 76% is expected to be recognized as revenue within 1 year after the period-end date, with the remaining approximately 24% expected to be recognized as revenue within the subsequent 2 years.」

    Remaining performance obligations for long-term contract work decreased from ¥1.562718 billion in the previous fiscal year to ¥1.268145 billion. Approximately 76% is expected to be recognized as revenue within 1 year and approximately 24% within the subsequent 2 years.
  2. FY2024First statedAnnual report

    「As of the end of the current consolidated fiscal year, unsatisfied or partially unsatisfied performance obligations amounted to ¥1.562718 billion. These performance obligations relate to long-term contract work in the contracting business, and approximately 80% is expected to be recognized as revenue within 1 year after the period-end date, with the remaining approximately 20% expected to be recognized as revenue within the subsequent 2 years.」

    The contracting business had ¥1.562718 billion in unsatisfied performance obligations, with approximately 80% expected to be recognized as revenue within 1 year and the remaining approximately 20% within the subsequent 2 years.
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Remaining performance obligations under long-term construction contracts | MEIHO ENTERPRISE CO.,LTD. (8927) | Komori