Expected Losses on Construction Contracts and Provision for Construction Losses
First written in FY2017. 2 of 7 entries say "Mitigated", first in 2026-05-12. Latest entry: FY2026.
57 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Provision for construction contract losses: △¥116 million」
The provision for construction contract losses was reversed by ¥116 million during the year, reducing the ending balance to ¥18 million. The disclosed risk of expected losses on construction contracts, which had increased in prior years, had declined during the year. - 2026-05-12MitigatedEarnings
「工事損失引当金 134 18」
工事損失引当金残高が前期の134百万円から18百万円へ減少している。 - FY2023WorsenedAnnual report
「The provision for construction contract losses was ¥5,236 million at the end of the consolidated fiscal year. To provide for future losses on construction contracts, the company recognized the estimated losses on undelivered construction contracts as of the end of the consolidated fiscal year.」
The provision for construction contract losses increased from ¥2,152 million in the previous fiscal year to ¥5,236 million, and the provision expense for the year was ¥3,084 million. - FY2021Update to provision balance and provision expenseAnnual report
「The provision expense for construction contract losses included in cost of sales, with a negative figure indicating a reversal of the provision, was as follows: provision expense for construction contract losses, △¥62 million.」
The provision for construction contract losses had an ending balance of ¥665 million, with a ¥62 million reversal during the year. - FY2019Update to provision balance and provision expenseAnnual report
「Provision for construction contract losses: ¥281 million」
The provision expense for construction contract losses was ¥281 million for the year, and the ending balance was ¥1,005 million. - FY2018Update to provision balance and provision expenseAnnual report
「Provision for construction contract losses: ¥250 million」
As a reserve against future losses on construction contracts, the company disclosed a ¥250 million provision expense for the fiscal year and an ending balance of ¥548 million. - FY2017First statedAnnual report
「Provision for construction contract losses: ¥297 million」
The company recognized a provision for construction contract losses as a reserve against future losses on construction contracts, disclosing a ¥297 million provision expense for the consolidated fiscal year and ¥297 million in costs on uncompleted construction contracts.