Impact on Revenue and Profit from Delays in the Progress of Some Construction Work
First written in FY2019-Q3. 1 of 14 entries say "Materialised", first in 2026-05-08. Latest entry: 2026-05-08.
Takamatsu Construction Group moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 11 of 24 companies on the "Worse" side.
14 other companies' latest entry also says "Materialised".
- 2026-05-08MaterialisedRevision of earnings forecasts
「売上高は、一部工事進捗の遅れなどにより前回発表予想から 130 億円減少する見込みとなりましたが、」
一部工事進捗の遅れが、通期売上高予想の下方修正要因として再び具体化している。 - FY2025-H1Orders and revenue upAnnual report
「Orders received during the cumulative interim period of the current consolidated fiscal year were ¥192,714 million, up 17.8% year on year, while revenue was ¥162,133 million, up 13.1%.」
Both orders and revenue increased year on year, marking a shift from the divergence between orders and revenue seen through the previous period to simultaneous increases in both. - FY2024Decline in orders and record-high revenueAnnual report
「Order intake for the fiscal year was ¥325,914 million, down 3.5% from the previous fiscal year, while sales reached a record ¥312,680 million, up 10.7% from the previous fiscal year.」
While orders declined, revenue reached a record high, illustrating the earnings pattern created by the time lag between orders and revenue. - FY2024-Q2Decline in orders and recovery in revenueAnnual report
「Orders received during the cumulative second quarter of the current consolidated fiscal year were ¥163,590 million, down 8.0% year on year, while revenue was ¥143,298 million, up 11.3%.」
While orders declined year on year, revenue increased 11.3% year on year, and the recovery in revenue continued. - FY2024-Q1Increase in orders and recovery in revenueAnnual report
「Orders received during the cumulative first quarter of the current consolidated fiscal year were ¥82,597 million, up 5.2% year on year, while revenue was ¥65,613 million, up 8.6%.」
After a period in which the lagged effects of weak orders through the previous period continued, both orders and revenue increased year on year. - FY2023Increase in orders and recovery in revenueAnnual report
「Revenue was also ¥282,495 million, up 7.0% from the previous period.」
Full-year revenue recovered from the phase of declining revenue caused by weak orders in the previous period, increasing 7.0% from the previous period. - FY2023-Q1Revenue decline due to higher orders but fewer projects in handAnnual report
「Revenue from completed construction projects was ¥21,312 million, down 13.2% year on year, due mainly to a decline in projects in hand resulting from the weak order intake in the previous period.」
The decline in projects in hand resulting from weak orders in the previous period was cited as a factor behind the decrease in revenue from completed construction projects in the first quarter. - FY2022Recovery in orders and continued decline in revenueAnnual report
「Revenue was ¥263,907 million, down 6.8% from the previous period, as the decline in orders in the previous period weighed on revenue.」
Although orders recovered, the previous period's weak order intake affected revenue with a lag, and the decline in revenue continued. - FY2022-Q3Continued increase in orders and decline in revenueAnnual report
「This resulted from a rebound after orders in the same period of the previous year had been sluggish due to the voluntary suspension of sales activities and other measures in response to COVID-19. Revenue was ¥190,639 million, down 9.1% year on year, as the weak order intake in the previous fiscal year weighed on revenue.」
Orders increased on a rebound from the sluggish order intake in the same period of the previous year, but the effects of weak orders in the previous fiscal year carried over, resulting in a year-on-year decline in revenue. - FY2021-Q3Revenue growth from progress on projects in handAnnual report
「Revenue was ¥209,788 million, up 5.0% year on year, helped by steady progress on projects in hand.」
While orders declined year on year, steady progress on projects in hand drove a 5.0% year-on-year increase in revenue. - FY2021-Q2Revenue growth from progress on carried-over construction projectsAnnual report
「Revenue increased 5.6% year on year to ¥136,674 million as construction projects carried over from the previous period progressed.」
Progress on construction projects carried over from the previous period resulted in higher revenue year on year, even as orders declined. - FY2021-Q1Temporary suspension of some construction projects due to the pandemicAnnual report
「To ensure the safety of the lives and physical well-being of employees, employees of partner companies, construction workers and third parties, the Group temporarily suspended some construction projects for a certain period. However, the impact on earnings from this temporary suspension was immaterial.」
In addition to the construction delays previously noted, some projects were in fact suspended for a certain period as a COVID-19 countermeasure, but the impact on earnings was described as immaterial. - FY2019Construction delays also affect profitAnnual report
「Gross profit was limited to ¥34,361 million, up 3.9% from the previous period, due to delays in starting and progressing some construction projects.」
Delays in starting and progressing some construction projects affected not only revenue but also the growth in gross profit. - FY2019-Q3First statedAnnual report
「Revenue declined slightly to ¥174,893 million, down 0.9% year on year, partly due to delays in the progress of some construction projects.」
Delays in some construction projects were explicitly cited for the first time as a factor behind the slight decline in revenue for the first nine months.