Profitability of cutting and drilling work squeezed by higher construction costs, including repair expenses
First written in FY2025-H1. 2 of 4 entries say "Materialised", first in FY2025-H1. Latest entry: 2026-05-15.
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- 2026-05-15MitigatedEarnings
「In addition to the increase in completed construction contracts, the restraint of expenses such as subcontracting and processing costs resulted in segment profit of ¥2,625 million, up 17.8% year on year.」
Against the pressure on profitability caused by higher construction costs and other cost expenses in the previous fiscal year, the restraint of expenses such as subcontracting and processing costs and the increase in segment profit were reported. - FY2026-H1MitigatedAnnual report
「Segment profit was ¥1,949 million, up 9.8% year on year, due to higher revenue from completed construction contracts and efforts to control expenses such as subcontracted processing costs.」
Segment profit in the Cutting and Drilling Construction business increased due to the containment of expenses, including outsourced processing costs. The company reports actual progress in containing expenses in response to the pressure on profitability caused by higher construction costs and cost expenses in the previous fiscal year. - FY2025MaterialisedAnnual report
「In addition, segment profit was ¥2,763 million, down 25.3% year on year, due to a decrease in completed construction revenue and an increase in cost expenses.」
In the Cutting and Drilling Construction business, cost expenses actually increased, driving down segment profit together with the decrease in completed construction revenue. - FY2025-H1MaterialisedAnnual report
「However, segment profit was ¥1,776 million, down 11.1% year on year, due to an increase in construction costs, including repair expenses.」
In the Cutting and Drilling Construction business, construction costs, including repair expenses, actually increased, and segment profit declined year on year despite an increase in completed construction revenue.