Annual performance volatility due to fourth-quarter concentration
First written in FY2016. 11 of 12 entries say "Restated". Latest entry: FY2021-Q1.
20 other companies' latest entry also says "Restated".
- FY2021-Q1RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends. Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company continues to cite the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on achievement in that quarter. - FY2020-Q1RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends. Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company continues to cite the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on sales achievement in that quarter. - FY2019-Q3RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends. Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company reiterates the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on achievement in that quarter. - FY2019-Q1RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends. Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company reiterates the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on sales achievement in that quarter. - FY2018RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends. Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company reiterates the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on achievement in that quarter. - FY2018-Q3RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends. Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company reiterates the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on achievement in that quarter. - FY2018-Q2RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends. Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company reiterates the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on sales achievement in that quarter. - FY2018-Q1RestatedAnnual report
「Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company reiterates the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on achievement in that quarter. - FY2017RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends. Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company reiterates the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on sales achievement in that quarter. - FY2017-Q2RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends. Accordingly, there is a risk that the annual earnings outlook will fluctuate depending on fourth-quarter sales achievement.」
The company reiterates the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on achievement in that quarter. - FY2017-Q1RestatedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends.」
The company continues to cite the concentration of sales in the fourth quarter and the risk that annual performance will fluctuate depending on sales achievement in that quarter. - FY2016First statedAnnual report
「Our group’s net sales tend to be concentrated in the fourth quarter because many companies switch their core business systems at the end of their fiscal years, and we therefore release new products and conduct other activities in line with the fiscal year-end of companies with March year-ends.」
The company explains that, because fixed costs are incurred ahead of sales, annual performance fluctuates depending on fourth-quarter sales achievement.