Construction Business Underpinned by a Substantial Order Backlog
First written in FY2016. 14 of 37 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Net sales increased to ¥15.008 billion, up 16.6% year on year, due to an increase in completed construction projects, while operating profit increased to ¥1.109 billion, up 43.3% year on year.」
An increase in completed construction resulted in construction business revenue of ¥15,008 million and operating profit of ¥1,109 million, with both increasing year on year. - FY2026-H1AdvancedAnnual report
「<Construction business> Revenue was ¥7,766 million, up 34.4% year on year, due to progress on large projects. Operating profit was ¥623 million, up 90.7% year on year.」
Progress on large projects resulted in construction business revenue of ¥7,766 million and operating profit of ¥623 million, with both increasing year on year. - FY2025AdvancedAnnual report
「In the core construction business, progress on projects already awarded and new orders received during the year proceeded smoothly, resulting in revenue of ¥12,869 million and operating profit of ¥774 million.」
Against a backdrop of progress on projects already awarded and new orders received during the year, the company disclosed annual construction business revenue of ¥12,869 million and operating profit of ¥774 million. The value of orders received was ¥14,146 million, and the value of carried-forward orders was ¥15,621 million. - FY2025-H1An increase in completed construction alongside unprofitable projectsAnnual report
「Revenue was ¥5,780 million due to an increase in completed construction and other factors, while operating profit was ¥327 million because some projects were unprofitable.」
An increase in completed construction resulted in construction business revenue of ¥5,780 million, while operating profit was ¥327 million because some projects were unprofitable. Higher revenue coexisted with profitability challenges. - FY2024AdvancedAnnual report
「Revenue was ¥10,614 million, up 6.2% year on year, due to an increase in completed construction compared with the year-earlier period. Operating profit was ¥478 million, up 33.9% year on year.」
Full-year construction business revenue and operating profit increased due to an increase in completed construction, with operating profit up 33.9% year on year. - FY2024-Q3Revenue Growth and a Narrower Profit DeclineAnnual report
「Revenue was ¥7,449 million, up 4.3% year on year, due to an increase in completed construction compared with the year-earlier period. Operating profit was ¥185 million, down 8.6% year on year.」
An increase in completed construction resulted in higher construction business revenue, while operating profit fell 8.6%. The decline in operating profit narrowed from 93.3% previously. - FY2024-Q2WorsenedAnnual report
「Revenue was ¥4,894 million, up 2.5% year on year, due to an increase in completed construction compared with the year-earlier period. Operating profit was ¥11 million, down 93.3% year on year, partly because profitability declined on some projects.」
An increase in completed construction resulted in higher construction business revenue, while operating profit fell 93.3% year on year due to lower profitability on some projects and other factors, further worsening profitability after the previous decline. - FY2024-Q1Higher revenue and lower profit in the construction businessAnnual report
「Revenue was ¥2,290 million, up 3.1% year on year, due to an increase in completed construction compared with the year-earlier period. Operating profit was ¥57 million, down 14.2% year on year.」
An increase in completed construction resulted in higher construction business revenue, while operating profit fell 14.2% year on year. - FY2023Full-year revenue growth accompanied by lower profit due to rising pricesAnnual report
「Revenue was ¥9,992 million, up 25.5% year on year, as work in progress advanced smoothly. Operating profit was ¥357 million, down 10.1% year on year, due to the impact of rising prices and other factors.」
Progress on work in progress resulted in full-year construction business revenue growth, while operating profit fell 10.1% year on year due to the impact of rising prices and other factors. - FY2023-Q3Higher revenue accompanied by lower profit due to rising pricesAnnual report
「Revenue was ¥7,141 million, up 40.1% year on year, due to an increase in completed construction compared with the year-earlier period. Operating profit was ¥203 million, down 6.4% year on year, due to the impact of rising prices and other factors.」
An increase in completed construction resulted in construction business revenue increasing 40.1%, while operating profit fell 6.4% due to the impact of rising prices and other factors. - FY2023-Q2AdvancedAnnual report
「Revenue was ¥4,776 million, up 53.5% year on year, due to an increase in completed construction compared with the year-earlier period. Operating profit was ¥174 million, up 57.2% year on year.」
An increase in completed construction resulted in construction business revenue increasing 53.5% and operating profit increasing 57.2%. - FY2023-Q1AdvancedAnnual report
「Revenue was ¥2,221 million, up 56.7% year on year, due to an increase in completed construction compared with the year-earlier period. Operating profit was ¥66 million, up 103.4% year on year.」
An increase in completed construction resulted in construction business revenue and operating profit exceeding the year-earlier levels, with operating profit increasing 103.4%. - FY2022WorsenedAnnual report
「Revenue was ¥7,963 million, down 28.8% year on year, due to a decline in completed construction compared with the year-earlier period. Operating profit was ¥397 million, down 41.3% year on year.」
A decline in completed construction resulted in full-year construction business revenue falling 28.8% and operating profit falling 41.3%. - FY2022-Q3WorsenedAnnual report
「Revenue was ¥5,099 million, down 37.5% year on year, due to a decline in completed construction compared with the year-earlier period. Operating profit was ¥217 million, down 52.6% year on year.」
A decline in completed construction resulted in construction business revenue falling 37.5% year on year and operating profit falling 52.6%. - FY2022-Q2WorsenedAnnual report
「Revenue was ¥3,111 million, down 42.6% year on year, due to a decline in completed construction compared with the year-earlier period. Operating profit was ¥111 million, down 57.9% year on year.」
A decline in completed construction resulted in construction business revenue falling 42.6% and operating profit falling 57.9%. - FY2022-Q1WorsenedAnnual report
「Revenue was ¥1,417 million, down 0.5% year on year, as work in progress advanced smoothly. Operating profit was ¥32 million, down 27.8% year on year.」
Although work in progress advanced smoothly, construction business revenue fell 0.5% year on year and operating profit fell 27.8%. - FY2021-Q3AdvancedAnnual report
「Revenue was ¥8,154 million, up 34.4% year on year, as work in progress advanced smoothly. Operating profit was ¥457 million, up 8.6% year on year.」
Smooth progress on work in progress resulted in construction business revenue increasing 34.4% year on year and operating profit increasing 8.6%. - FY2021-Q2AdvancedAnnual report
「Revenue was ¥5,417 million, up 82.0% year on year, as work in progress advanced smoothly. Operating profit was ¥263 million, up 89.2% year on year.」
Work in progress advanced smoothly, resulting in construction business revenue increasing 82.0% and operating profit increasing 89.2%. - FY2021-Q1AdvancedAnnual report
「Revenue was ¥1,423 million, up 24.8% year on year, as work in progress advanced smoothly. Operating profit was ¥45 million, up 3.7% year on year.」
Smooth progress on work in progress resulted in construction business revenue and operating profit exceeding the year-earlier levels. - FY2020WorsenedAnnual report
「Revenue from completed construction and gross profit on completed construction both significantly fell below the year-earlier levels because both the construction and housing segments had few large project handovers.」
The construction and housing segments had few large project handovers, resulting in revenue from completed construction and gross profit on completed construction both significantly falling below the year-earlier levels. - FY2020-Q3WorsenedAnnual report
「In both the construction and housing segments, the limited number of large projects handed over resulted in revenue from completed construction and gross profit on completed construction both significantly falling below the year-earlier levels.」
The construction and housing segments both had few large project handovers, resulting in revenue from completed construction and gross profit on completed construction significantly falling below the year-earlier levels. - FY2020-Q1WorsenedAnnual report
「In the construction segment, the limited number of large projects handed over resulted in revenue from completed construction and gross profit on completed construction both significantly falling below the year-earlier levels.」
Performance improvement from large handovers in the previous period reversed, with the limited number of large projects handed over resulting in revenue from completed construction and gross profit on completed construction both significantly falling below the year-earlier levels. - FY2019AdvancedAnnual report
「In the construction segment, the presence of large projects handed over resulted in revenue from completed construction and gross profit on completed construction both significantly exceeding the year-earlier levels. The renovation business also performed well and was established as a growth driver for the segment.」
The company states that, in addition to large project handovers, it established the renovation business as a growth driver for the construction segment. - FY2019-Q3RestatedAnnual report
「In the construction segment, the presence of large projects handed over resulted in revenue from completed construction and gross profit on completed construction both significantly exceeding the year-earlier levels.」
The company continues to report that large project handovers resulted in revenue from completed construction and gross profit on completed construction in the construction business significantly exceeding the year-earlier levels. - FY2019-Q2AdvancedAnnual report
「In the construction segment, the presence of large projects handed over resulted in revenue from completed construction and gross profit on completed construction both significantly exceeding the year-earlier levels.」
Large project handovers resulted in revenue from completed construction and gross profit on completed construction in the construction and housing segments both significantly exceeding the year-earlier levels. - FY2019-Q1AdvancedAnnual report
「In the construction segment, the presence of large projects handed over resulted in revenue from completed construction and gross profit on completed construction both significantly exceeding the year-earlier levels.」
The completion of large project handovers resulted in revenue from completed construction and gross profit on completed construction in the construction and housing segments both significantly exceeding the year-earlier levels. - FY2018-Q3Recovery in large-property handovers alongside lower profitAnnual report
「Although the number of handovers declined in the detached-housing segment, handovers of large projects progressed smoothly in the construction segment, resulting in higher revenue from completed construction, while gross profit on completed construction fell below the year-earlier level.」
Handovers of large projects progressed smoothly and revenue from completed construction increased, but gross profit on completed construction fell below the year-earlier level, partly because of a decline in detached-housing handovers. - FY2018-Q2RestatedAnnual report
「In both the construction and detached housing divisions, construction revenue and gross profit from completed construction significantly fell below the results for the same period of the previous year because there were few large properties handed over.」
The company continues to report that construction revenue and gross profit from completed construction in the construction and detached housing businesses fell significantly below the same period of the previous year because few large properties were handed over. - FY2018-Q1WorsenedAnnual report
「In both the construction and detached housing divisions, construction revenue and gross profit from completed construction significantly fell below the results for the same period of the previous year because there were few large properties handed over.」
Due to the decline in large properties handed over, construction revenue and gross profit from completed construction in the construction and detached housing businesses fell significantly below the same period of the previous year. - FY2017Fewer completions and higher profit marginsAnnual report
「In the construction division, progress on construction was steady, but the number of large projects completed declined compared with the previous fiscal year. In the detached housing division, the number of completed properties also declined due to intensifying competition for orders. Meanwhile, completion gross profit margins improved because material and labor costs remained stable.」
The company explains that completion volumes for large projects and detached homes continued to decline, while completion gross profit margins improved due to stable material and labor costs. - FY2017-Q3Change in the mix of completed projectsAnnual report
「In the construction division, progress on construction was steady, but the number of large projects completed declined compared with the previous fiscal year. The number of completed properties also declined in the detached housing division compared with the previous fiscal year.」
The company explains that although construction progress itself was steady, the number of completed large projects and detached homes declined from the previous fiscal year. - FY2017-Q2RestatedAnnual report
「In both the construction and detached housing divisions, progress on construction was steady against a strong order backlog, while material and labor costs remained stable. As a result, both construction revenue and gross profit from completed construction significantly exceeded plan.」
The company has reiterated that the order backlog, construction progress and stability in material and labor costs were performance drivers in the construction business. - FY2017-Q1RestatedAnnual report
「In both the construction and detached housing divisions, progress on construction was steady against a strong order backlog, while material and labor costs remained stable. As a result, both construction revenue and gross profit from completed construction significantly exceeded plan.」
The company has reiterated that the order backlog, construction progress and stability in material and labor costs were performance drivers in the construction business. - FY2016First statedAnnual report
「In both the construction and detached housing divisions, progress on construction was steady against a strong order backlog, while material and labor costs remained stable. As a result, both construction revenue and gross profit from completed construction significantly exceeded plan.」
The company explains that the order backlog and construction progress contributed to improved performance in the construction business during the period.