Revenue weighted toward the second half
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2020: 10 of 32 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「In vehicle transportation-related businesses, domestic vehicle sales, which directly affect automotive distribution, tend to increase in March for both new and used vehicles. Demand for personal-car transportation also tends to increase during the moving season from late March through early April.」
The risk of revenue being weighted toward the second half because of the seasonality of vehicle sales and moving demand continues. - FY2017First statedAnnual report
「In vehicle transportation-related businesses, domestic vehicle sales, which directly affect automotive distribution, tend to increase in March for both new and used vehicles. Demand for personal-car transportation also tends to increase during the moving season from late March through early April.」
The company has, for the first time, separately identified the risk that revenue may be weighted toward the second half because of the seasonality of new- and used-vehicle sales and demand related to moving.