Extended closing timelines for success-fee-based deals due to accelerating inflation and other factors
First written in FY2024-Q2. 1 of 3 entries say "Materialised", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2026: 5 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「As a result of steadily executing large-scale fixed-fee projects launched in the previous fiscal year and completing a large-scale success-fee project during the current fiscal year, revenue was ¥288 million, up 79.9% year on year.」
The company explained that a large performance-fee engagement was completed during the period among the performance-fee engagements whose closing times had lengthened due to accelerating inflation and the personnel shift. - FY2024MaterialisedAnnual report
「In the cost-reduction consulting business, personnel were shifted to large fixed-fee projects because of the impact of accelerating inflation, which lengthened the closing process for performance-fee engagements and caused results to fall below the initial plan.」
Accelerating inflation and the shift of personnel to large fixed-fee engagements resulted in longer closing times for performance-fee engagements and a shortfall against the initial plan for the full year. - FY2024-Q2First statedAnnual report
「In the cost-reduction consulting business, we shifted personnel to large fixed-fee projects, partly because inflation was accelerating, which lengthened the closing process for performance-fee engagements.」
The company explained that shifting personnel to large fixed-fee projects against a backdrop of accelerating inflation lengthened the closing process for performance-fee engagements.