Unprofitable software development projects
First written in FY2016. 4 of 6 entries say "Materialised", first in FY2018. Latest entry: 2026-05-12.
Mirait One moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2025: 5 of 16 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- 2026-05-12MaterialisedEarnings
「Solcom was affected by lower orders for solar power construction in the Environmental and Social Innovation business and by unprofitable road information infrastructure projects in the ICT Solutions business. However, the completion of carried-over construction work, expansion of the NTT business, which remained firm, and productivity improvement initiatives resulted in orders received of ¥39.911 billion, down 1.8% year on year; revenue of ¥37.245 billion, up 11.5%; and operating profit of ¥1.426 billion, up 1.4%.」
The impact of unprofitable road information infrastructure projects in Solcom’s ICT Solutions business is recorded as an actual performance factor. - FY2025MitigatedAnnual report
「We worked to strengthen risk management to prevent the recurrence of major unprofitable projects and to improve the efficiency of our operating structure through the merger of 5 group companies and other measures.」
For unprofitable projects that had occurred in the past, strengthened risk management and operating efficiency through group-company mergers were cited as measures to prevent recurrence. - FY2024-Q3MaterialisedAnnual report
「In connection with a significant unprofitable project in the ICT solutions business that arose in the second quarter,」
It was stated that a provision for construction contract losses was recognized in connection with measures taken to address the project that arose in the ICT solutions business. - FY2024-Q2MaterialisedAnnual report
「Although significant unprofitable projects arose in the environmental and social innovation business and the ICT solutions business,」
Regarding the risk of unprofitable projects, it was stated that significant unprofitable projects had actually arisen in the environmental and social innovation business and the ICT solutions business. - FY2018MaterialisedAnnual report
「Meanwhile, Mirait Singapore Pte. Ltd. was absorbed in June 2017, and we also worked to reduce costs. As a result, orders received increased to ¥15.935 billion, up 3.5% year on year, and net sales increased to ¥15.911 billion, up 32.0% year on year. However, operating profit declined 26.9% year on year to ¥569 million, partly due to the impact of unprofitable projects.」
The impact of unprofitable projects was cited as an actual factor behind the decline in operating profit at the Lantrovision group. This represented the emergence of unprofitable projects extending beyond conventional software development projects. - FY2016First statedAnnual report
「In addition to a decline in revenue due to a lack of large-scale projects, an unprofitable software-development project arose, and we recorded a provision for construction losses of ¥2.71 billion.」
The occurrence of an unprofitable project and the recording of a ¥2.71 billion provision for construction losses were disclosed.