Performance Concentration Driven by Acceptance Timing and Peak Periods
First written in FY2016. 15 of 20 entries say "Restated". Latest entry: FY2025.
Smartvalue moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2018: 4 of 31 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「In the Group's business, revenue may be unevenly distributed depending on attendance at Smart Venue and projects involving system development and service provision, whether events are held, whether the B.League season is held, and the spread of infectious diseases.」
The scope of performance fluctuation risks expanded from the former project acceptance timing for system development and service provision to include Smart Venue events, the B.League season and attendance levels. - FY2024RestatedAnnual report
「In the Group's business, revenue may be unevenly distributed in projects involving system development, service provision and similar activities, depending on the progress of projects and the concentration of acceptance periods.」
The company continues to identify quarterly revenue concentration due to project progress and acceptance timing as a risk. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there has been no occurrence of a major risk or material change regarding fluctuations in performance due to project acceptance timing and project progress. - FY2024-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It is stated that there has been no occurrence of a major risk or material change regarding fluctuations in performance due to project acceptance timing and project progress. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated group, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business, accounting conditions, financial statements and other matters described in the quarterly report.」
It is stated that there has been no occurrence of a major risk or material change regarding fluctuations in performance due to project acceptance timing and project progress. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there has been no occurrence of a major risk or material change regarding fluctuations in performance due to project acceptance timing and project progress. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there has been no occurrence of a major risk or material change regarding fluctuations in performance due to project acceptance timing and project progress. - FY2021ReframedAnnual report
「On the other hand, in some projects involving system development, service provision and similar activities within the cloud solutions business, the company completed the establishment of a system for managing progress in system development and consequently applied the percentage-of-completion method from the current consolidated fiscal year. As a result, sales may be recognized more evenly throughout the year. However, depending on project progress, unforeseen circumstances not assumed when estimating development costs may arise, and if development costs increase, the Group's operating performance may be adversely affected through lower sales and profits.」
While the application of the percentage-of-completion method following the establishment of a progress management system was shown as potentially smoothing some revenue concentration by quarter, the additional risk of unexpected increases in development costs was specifically disclosed. - FY2021-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated companies, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business and accounting conditions described in the quarterly report.」
It is stated that there has been no occurrence of a major risk or material change regarding fluctuations in performance due to project acceptance timing and project progress. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there has been no occurrence of a major risk or material change regarding fluctuations in performance due to project acceptance timing and project progress. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there has been no occurrence of a major risk or material change regarding fluctuations in performance due to project acceptance timing and project progress. - FY2020ReframedAnnual report
「In the Group's business, revenue may be unevenly distributed in projects involving system development, service provision and similar activities, depending on the progress of projects and the concentration of acceptance periods. Accordingly, it is difficult to assess the Group's full-year earnings outlook based solely on performance in a particular quarter.」
The scope was reorganized from the former explanation, which included busy periods in the mobile business, to fluctuations in performance caused by project progress and acceptance timing in system development and service provision projects in the cloud solutions business. - FY2020-Q3ReframedAnnual report
「The section “(4) Fluctuations in Performance (description of the mobile business)” has been removed.」
Following the transfer of the mobile business, the portion concerning the mobile business was removed from the description of performance fluctuation risks. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding fluctuations in performance due to project acceptance timing and busy periods. - FY2020-Q1RestatedAnnual report
「The full-year forecast for the consolidated fiscal year is weighted toward the second half. Investment in human resources and systems for new business areas affected earnings, but revenue and profit are both progressing steadily in line with the annual plan.」
The full-year plan is shown to place greater weight on the second half, and the outlook continues to reflect quarterly fluctuations in performance. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes regarding fluctuations in performance due to project acceptance timing and busy periods. - FY2018RestatedAnnual report
「In particular, our revenue tends to be concentrated in the third quarter, making it difficult to assess our full-year earnings outlook based solely on performance in a particular quarter.」
The concentration of revenue in the third quarter due to project acceptance timing and busy periods at Docomo Shops continues to be disclosed. - FY2017RestatedAnnual report
「In particular, our revenue tends to be concentrated in the third quarter, making it difficult to assess our full-year earnings outlook based solely on performance in a particular quarter.」
The company continues to disclose the uneven distribution of quarterly performance due to project acceptance timing and busy periods at Docomo Shops, particularly the concentration of revenue in the third quarter. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, no new business or other risks arose. In addition, there were no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in the overall risk disclosure regarding fluctuations in performance due to project acceptance timing and busy periods. - FY2016First statedAnnual report
「In particular, revenue tends to be concentrated in the third quarter, making it difficult to assess our full-year earnings outlook based solely on performance in a particular quarter.」
Revenue is unevenly distributed depending on the timing of project acceptance for system development and the busy periods at Docomo Shops, with a tendency toward concentration in the third quarter.