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Fujita Engineering (1770) · RiskMitigated

Risks of Construction Accidents, Disasters, Additional Costs and Unprofitable Construction Projects

First written in FY2016. 10 of 16 entries say "Mitigated", first in FY2020. Latest entry: FY2026-H1.

16entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019MitigatedFY2020MitigatedFY2023-Q2 – FY2026-H12016: 120162017: 120172018: 120182019: 120192020: 120202021: 120212022: 420222023: 320232024: 220242025: 12025
Same theme, other companies
Cost, Schedule and Profitability Risk in Construction Contracting ProjectsA theme 34 companies write about · 34 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2019: 6 of 16 companies on the "Worse" side.

11 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 34 companies compared. The sentences above are computed from all 34.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「Provision for losses on construction contracts 51,885 -」

    The provision for losses on construction contracts decreased from ¥51.885 million at the end of the previous consolidated fiscal year to zero at the end of the current interim consolidated accounting period.
  2. FY2025-H1MitigatedAnnual report

    「Provision for losses on construction contracts 270,562 212,798」

    The provision for losses on construction contracts decreased from ¥270.562 million at the end of the previous consolidated fiscal year to ¥212.798 million.
  3. FY2024-Q3MitigatedAnnual report

    「Provision for losses on construction contracts 46,017 22,651」

    The provision for losses on construction contracts decreased from ¥46.017 million at the end of the previous consolidated fiscal year to ¥22.651 million.
  4. FY2024-Q1MitigatedAnnual report

    「Provision for losses on construction contracts 46,017 39,924」

    The provision for losses on construction contracts decreased from ¥46.017 million at the end of the previous consolidated fiscal year to ¥39.924 million.
  5. FY2023MitigatedAnnual report

    「The provision for losses on construction contracts was ¥46.017 million.」

    The provision for losses on construction contracts decreased from ¥48.647 million at the end of the previous consolidated fiscal year to ¥46.017 million.
  6. FY2023-Q3MitigatedAnnual report

    「Provision for losses on construction contracts 48,647 53,991」

    The provision for losses on construction contracts increased from ¥48.647 million at the end of the previous consolidated fiscal year to ¥53.991 million, while decreasing from ¥57.181 million at the end of the previous quarter.
  7. FY2023-Q2MitigatedAnnual report

    「Provision for losses on construction contracts 48,647 57,181」

    The provision for losses on construction contracts increased from ¥48.647 million at the end of the previous consolidated fiscal year to ¥57.181 million, while decreasing from ¥59.737 million at the end of the previous quarter.
  8. FY2023-Q1WorsenedAnnual report

    「Provision for losses on construction contracts 48,647 59,737」

    The provision for losses on construction contracts increased from ¥48.647 million at the end of the previous consolidated fiscal year to ¥59.737 million. The amount recognized as a provision related to construction loss and additional-cost risks increased.
  9. FY2022MitigatedAnnual report

    「The provision for losses on construction contracts was ¥48.647 million. The Group has established departments responsible for managing construction safety, schedules, quality and the environment.」

    The provision for losses on construction contracts related to the risks of unprofitable construction projects and additional costs decreased from ¥70.93 million at the end of the previous quarter to ¥48.647 million. The establishment of departments responsible for managing construction safety, schedules, quality and the environment also continues.
  10. FY2022-Q3MitigatedAnnual report

    「Provision for losses on construction contracts - 70,930」

    The provision for losses on construction contracts decreased from ¥208.5 million in the FY2022-Q2 report to ¥70.93 million at the end of the third quarter.
  11. FY2022-Q2MaterialisedAnnual report

    「Provision for losses on construction contracts - 208,500」

    A provision for losses on construction contracts of ¥208.5 million is recorded on the quarterly consolidated balance sheet, reflecting the unprofitable construction projects and additional-cost events previously disclosed as risks.
  12. FY2020MitigatedAnnual report

    「The Group has established a department responsible for managing construction safety, schedules, quality, and the environment.」

    In response to the risks of construction accidents and disasters, additional costs, unprofitable construction projects and large-scale repair work, the Group has established departments responsible for managing safety, schedules, quality and the environment.
  13. FY2019RestatedAnnual report

    「Accidents involving people or property and disasters during construction may affect the Group's operating results and other matters. In addition, unprofitable construction projects arising from unexpected additional costs during construction, or large-scale repair work arising from negligence, may affect the Group's operating results and other matters.」

    The risks of construction accidents and disasters, additional costs, unprofitable construction projects and large-scale repair work continue to be disclosed.
  14. FY2018RestatedAnnual report

    「Accidents involving people or property and disasters during construction may affect the Group's operating results and other matters. In addition, unprofitable construction projects arising from unexpected additional costs during construction, or large-scale repair work arising from negligence, may affect the Group's operating results and other matters.」

    The risks of construction accidents and disasters, additional costs, unprofitable construction projects and large-scale repair work continue to be disclosed.
  15. FY2017RestatedAnnual report

    「Accidents involving people or property and disasters during construction may affect the Group's operating results and other matters. In addition, unprofitable construction projects arising from unexpected additional costs during construction, or large-scale repair work arising from negligence, may affect the Group's operating results and other matters.」

    The risks of construction accidents and disasters, additional costs, unprofitable construction projects and large-scale repair work continue to be disclosed.
  16. FY2016First statedAnnual report

    「Accidents involving people or property and disasters during construction may affect the Group's operating results and other matters. In addition, unprofitable construction projects arising from unexpected additional costs during construction, or large-scale repair work arising from negligence, may affect the Group's operating results and other matters.」

    In addition to accidents and disasters, additional costs, unprofitable construction projects and large-scale repair work are identified as specific construction risks.
Moved together

"Increase in segment profit from the equipment maintenance business" moved the same way as this thread, in the same document, in 10 of its 16 moves.

1096655★123456
  1. ★This thread
  2. 1Increase in segment profit from the equipment maintenance business10×
  3. 2Equipment Sales and Information Systems Business Turns Loss-Making9×
  4. 3Revenue decline in the Equipment Sales and Information Systems Business due to lower equipment sales to manufacturers6×
  5. 4Revenue growth in the maintenance business through equipment maintenance and plant equipment renovations6×
  6. 5Higher Net Sales, Operating Income, Ordinary Income, and Net Income5×
  7. 6Decline in segment profit from the Electronic Components Manufacturing business5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Fujita Engineering yet.
News
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Risks of Construction Accidents, Disasters, Additional Costs and Unprofitable Construction Projects | FUJITA ENGINEERING CO.,LTD. (1770) | Komori