Seasonal sales fluctuations concentrated in the fourth quarter
First written in FY2023-Q1. 9 of 13 entries say "Restated". Latest entry: FY2026.
4 other companies' latest entry also says "Other".
- FY2026Seasonality and disclosure of five quarters of results following the fiscal year-end changeAnnual report
「Many of our major Japanese corporate customers have a March fiscal year-end, and their research and development budget spending and acceptance inspections tend to be concentrated in the second half, from October to March. Because we recognize revenue from joint development when the customer’s acceptance inspection is completed, our sales tend to be concentrated from October to March, corresponding to the second and third quarters after the fiscal year-end change. Sales are also affected by the timing of completion of large projects.」
Following the fiscal year-end change, seasonality has been identified as a concentration of sales in October to March and in the second and third quarters. Revenue for the five quarters over the 15-month period was disclosed as ¥44.098 million, ¥296.105 million, ¥216.108 million, ¥247.417 million and ¥254.029 million. - 2026-05-12RestatedEarnings
「Due to the nature of our business, net sales fluctuate seasonally, with the proportions of sales in the third and fourth quarters higher than those in the first, second and fifth quarters.」
第3・第4四半期の売上高割合が高い季節性を継続して開示した。 - FY2027-H1RestatedAnnual report
「Due to the nature of its business, the company experiences seasonal fluctuations in sales, with the proportion of sales after the interim accounting period higher than that during the interim accounting period.」
The company continues to disclose the seasonal pattern of a higher proportion of sales after the interim accounting period. - FY2025Quarterly actual results updateAnnual report
「The company's major customers are chemical companies, which secure research and development budgets by March, immediately before the start of the new fiscal year. As a result, joint development with the company often begins in the first or second quarter, and completion of joint development, when the company's revenue is recognized, tends to be concentrated in the second half of the fiscal year. The timing of completion of large projects also has an impact.」
The company continues to explain the concentration in the second half of the fiscal year and fluctuations caused by the timing of completion of large projects, and disclosed quarterly sales of ¥69.158 million, ¥256.235 million, ¥351.876 million and ¥931.133 million. - FY2025-H1RestatedAnnual report
「Due to the nature of its business, the company experiences seasonal fluctuations in sales, with the proportion of sales after the interim accounting period higher than that during the interim accounting period.」
The company continues to disclose the seasonal pattern of a higher proportion of sales after the interim accounting period. - FY2024Quantitative disclosure of quarterly resultsAnnual report
「The company's major customers are chemical companies, which secure research and development budgets by March, immediately before the start of the new fiscal year. As a result, joint development with the company often begins in the first or second quarter, and completion of joint development, when the company's revenue is recognized, tends to be concentrated in the second half of the fiscal year. The timing of completion of large projects also has an impact.」
The company explained that, in addition to the concentration in the second half of the fiscal year resulting from the timing of joint development commencement and completion, the timing of completion of large projects also has an impact, and disclosed quarterly sales of ¥102.655 million in the first quarter, ¥136.107 million in the second quarter, ¥1,032.114 million in the third quarter and ¥592.443 million in the fourth quarter. - FY2024-Q3RestatedAnnual report
「Due to the nature of its business, the company experiences seasonal fluctuations in sales, with the fourth quarter accounting for a higher proportion of sales than the first, second and third quarters.」
The company continues to disclose the seasonal pattern whereby the proportion of fourth-quarter sales is higher than in the other quarters. - FY2024-Q2RestatedAnnual report
「Due to the nature of its business, the company experiences seasonal fluctuations in sales, with the fourth quarter accounting for a higher proportion of sales than the first, second and third quarters.」
The company continues to disclose the seasonal pattern whereby the proportion of fourth-quarter sales is higher than in the other quarters. - FY2024-Q1RestatedAnnual report
「Due to the nature of its business, the company experiences seasonal fluctuations in sales, with the fourth quarter accounting for a higher proportion of sales than the first, second and third quarters.」
The company continues to disclose the seasonal pattern whereby the proportion of fourth-quarter sales is higher than in the other quarters. - FY2023RestatedAnnual report
「The company's major customers are chemical companies, which secure research and development budgets by March, immediately before the start of the new fiscal year. As a result, joint development with the company often begins in the first or second quarter, and completion of joint development, when the company's revenue is recognized, tends to be concentrated in the second half of the fiscal year.」
The company continues to identify the concentration of joint development completion in the second half of the fiscal year, attributable to the timing of commencement and completion, as an annual risk. - FY2023-Q3RestatedAnnual report
「Due to the nature of its business, the company experiences seasonal fluctuations in sales, with the fourth quarter accounting for a higher proportion of sales than the first, second and third quarters.」
The company continues to disclose the seasonal pattern whereby the proportion of fourth-quarter sales is higher than in the other quarters. - FY2023-Q2RestatedAnnual report
「Due to the nature of its business, the company experiences seasonal fluctuations in sales, with the fourth quarter accounting for a higher proportion of sales than the first, second and third quarters.」
The company continues to disclose the seasonal pattern of a higher proportion of sales in the fourth quarter. - FY2023-Q1First statedAnnual report
「Due to the nature of its business, the company experiences seasonal fluctuations in sales, with the fourth quarter accounting for a higher proportion of sales than the first, second and third quarters.」
The company discloses the seasonal pattern whereby fourth-quarter sales account for a higher proportion than sales in the other quarters due to the nature of its business.