Project Selection Focused on Profitability
First written in FY2020-Q1. 1 of 2 entries say "Restated". Latest entry: FY2020-Q2.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2020-Q2RestatedAnnual report
「For custom-order sales, the Company placed particular emphasis on profit this fiscal year and in some cases deliberately declined projects that might not generate profit, resulting in lower sales than in the second quarter of the previous fiscal year.」
For custom-order sales, the Company continues its project selection policy of emphasizing profit this fiscal year and sometimes declining projects that are unlikely to generate profit. - FY2020-Q1First statedAnnual report
「Sales were ¥425 million, down ¥63 million from the first quarter of the previous fiscal year, partly because the Company narrowed its selection of projects after reassessing their profitability, including projects for which it had received orders continuously each year. In addition, for custom-order sales, the Company placed particular emphasis on profit this fiscal year and in some cases deliberately declined projects that might not generate profit, resulting in lower sales than in the first quarter of the previous fiscal year.」
For both digital sales and custom-order sales, the Company for the first time explicitly stated its operating policy of emphasizing profitability and profit by narrowing its selection of projects or declining projects unlikely to be profitable.