Strengthening the Capacity to Win Large-Scale Expressway Construction Projects through an East-West Company Structure
First written in FY2020. 9 of 17 entries say "Advanced", first in FY2021. Latest entry: FY2026.
SHO-BOND Holdings moved to the "Worse" side of this theme in 2025.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Orders received are forecast at ¥95.0 billion, up 18.7% from the current fiscal year. The Company expects orders for seismic-retrofitting projects from NEXCO East Japan to recover after remaining at a low level this fiscal year, and will focus on an order-taking strategy that optimizes the Group as a whole while working to build its order backlog by the end of the fiscal year.」
Following sluggish orders from expressway companies and others in the current fiscal year, the Company expects orders of ¥95.0 billion for the next fiscal year, assuming a recovery in NEXCO East Japan's orders for seismic-retrofitting projects, and is shifting its focus to building the order backlog. - 2026-08-10WorsenedFinancial results
「While order volumes from expressway companies remained sluggish」
The sluggish order volumes from expressway companies weakened the company's performance surrounding its ability to secure large expressway construction projects. - FY2025WorsenedAnnual report
「Orders received declined by ¥19,142 million, or 18.9%, from the previous fiscal year to ¥82,182 million. Orders from expressway companies remained sluggish throughout the year because of lower project volumes, while orders from the national government also fell below the previous year.」
While the Company is working to strengthen its order-taking structure for large expressway projects, orders remained sluggish throughout the year because expressway companies reduced their order volumes, resulting in an 18.9% decline in orders received. - FY2024AdvancedAnnual report
「Orders received increased by ¥23,379 million, or 30.0%, year on year to ¥101,324 million, as orders for large projects from expressway companies remained solid throughout the fiscal year and orders from the government and local governments also exceeded the previous year.」
Orders received reversed the decline in large expressway-project orders seen in the previous fiscal year, increasing 30.0% to ¥101.324 billion on orders for large projects secured throughout the year. - FY2024-Q3AdvancedAnnual report
「In the cumulative third quarter, the Company received 16 orders worth ¥1 billion or more, mainly from NEXCO East Japan. Orders from the national and local governments also substantially exceeded the previous year, resulting in orders received of ¥83,284 million, up ¥23,702 million, or 39.8%, year on year.」
Regarding the order-taking structure centered on large expressway-company projects, the Company received 16 orders worth ¥1 billion or more, mainly from NEXCO East Japan, and orders received increased 39.8% year on year. - FY2024-Q2AdvancedAnnual report
「Orders received increased by ¥13,357 million, or 36.3%, year on year to ¥50,202 million, due to the receipt of 8 orders worth ¥1 billion or more, mainly from NEXCO East Japan, as well as a substantial increase in orders from the national government and steady orders from local governments in the Kinki region.」
Regarding the order-taking structure for large projects, mainly from expressway companies, the Company received 8 orders worth ¥1 billion or more, mainly from NEXCO East Japan, and orders received increased 36.3% year on year. - FY2024-Q1AdvancedAnnual report
「Orders received increased by ¥1,737 million, or 9.5%, year on year to ¥20,061 million, as orders from East Nippon Expressway Company Limited grew steadily and orders from the government and local governments in western Japan substantially exceeded the previous year.」
Regarding the order-taking structure for large projects, mainly from expressway companies, orders received increased 9.5% year on year, driven by higher orders from NEXCO East Japan. - FY2023ReframedAnnual report
「The Company forecasts construction orders of ¥81.0 billion, up 17.2% from the current fiscal year, mainly from large expressway projects, and will work to build its order backlog by the end of the fiscal year.」
Following the decline in orders for large expressway projects in FY2023, the Company has shifted its focus to explaining that it expects orders of ¥81.0 billion for the next fiscal year, mainly from large expressway projects, and aims to build its order backlog. - FY2023-Q3ReframedAnnual report
「However, third-quarter revenue, for the period from January to March 2023, was ¥22,367 million, the highest quarterly revenue on record. Construction of long-term large-scale projects for expressway companies moved into full swing, and completed construction revenue continued to increase steadily.」
Although orders for long-term large projects from expressway companies have declined, the focus of the explanation of the strengthened order-taking structure has shifted from increasing order values to the full-scale execution of long-term large projects already accumulated in the backlog and growth in completed construction revenue. - FY2023-Q2ReframedAnnual report
「Orders for large projects from expressway companies fell sharply for the second consecutive quarter, declining by ¥16,108 million, or 30.4%, year on year to ¥36,845 million. The order backlog fell by ¥1,576 million from the end of the previous fiscal year because orders received were below revenue, and declined by ¥35 million, or 0.0%, year on year to ¥78,725 million, but remained at a high level.」
While the Company is pursuing a stronger order-taking structure for large projects, orders received from expressway companies fell sharply. Although the order backlog declined, it remained at a high level, and progress on the initiative is being described in terms of accumulated backlog rather than orders received. - FY2023-Q1ReframedAnnual report
「The value of large projects received from expressway companies declined sharply from ¥20,522 million to ¥10,495 million. As a result, quarterly orders received declined by ¥10,763 million, or 37.0%, from the record high recorded in the first quarter of the previous fiscal year to ¥18,323 million. As orders received were approximately equal to revenue, the order backlog increased by ¥35 million from the end of the previous fiscal year and by ¥4,725 million, or 6.2%, year on year to ¥80,337 million, remaining at a high level.」
While the Company is working to strengthen its ability to secure large projects, the value of orders received from expressway companies during the quarter declined year on year. Meanwhile, the order backlog increased to ¥80.337 billion, so the results of the strengthened order-taking structure are being described in terms of the high level of accumulated backlog rather than current orders received. - FY2022AdvancedAnnual report
「Expressway companies accounted for 60% of construction revenue, and the company is making steady progress in bringing in more large-scale construction projects and strengthening its construction capacity, as set out in the Medium-Term Management Plan.」
Progress in the initiative to secure large expressway-company projects is explained in relation to the fact that such companies accounted for 60% of construction revenue. - FY2022-Q3AdvancedAnnual report
「Orders for renewal projects from expressway companies have remained solid. Under the medium-term management plan policy of securing more large projects and strengthening construction capacity, the entire Group is working to secure large projects systematically and build a robust construction structure. Expressway companies accounted for 74% of construction orders received.」
The Company is working to systematically secure orders and build its construction structure in order to secure more large projects and strengthen construction capacity, as set out in the medium-term management plan. Expressway companies accounted for 74% of construction orders received. - FY2022-Q2AdvancedAnnual report
「Orders for large-scale renewal and repair projects placed by expressway companies have remained strong and resilient. Under the medium-term management plan initiative to advance its order-taking strategy by leveraging the East-West company structure, the Group is working to increase order values through selective bidding that prioritizes profitability, while steadily building a pipeline of large projects that can generate stable revenue over multiple years.」
The Company explains that, under its order-taking strategy using the East-West company structure, it is simultaneously pursuing selective bidding that prioritizes profitability and higher order values, while building a pipeline of large projects that can generate revenue over multiple years. - FY2022-Q1AdvancedAnnual report
「Expressway companies accounted for 75% of construction orders received in the first quarter, marking a strong start to the initiative set out in the medium-term management plan, which begins this fiscal year, to secure more large projects from expressway companies.」
In the first quarter of the first year of the new medium-term management plan, orders from expressway companies reached 75% of total orders, marking a strong start to the effort to secure more large projects. - FY2021AdvancedAnnual report
「Revenue increased as a result of establishing an internal structure capable of handling large projects ordered by expressway companies and working to level out construction revenue over the year.」
The Company links its full-year results to the establishment of an internal structure capable of handling large expressway-company projects and its efforts to level out construction revenue over the year. - FY2020First statedAnnual report
「The Company worked to introduce an East-West company structure as a measure to strengthen its ability to secure large projects ordered by expressway companies.」
The Company cites the introduction of an East-West company structure as a specific measure to strengthen its ability to secure large projects from expressway companies.