Management of Project Order-Taking, Contracting and Construction Risks and Project Profitability
First written in FY2016. 13 of 15 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 9 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「By thoroughly managing credit, contract, and construction risks and strictly managing construction profitability, we will strengthen our management base so as to enhance market competitiveness while avoiding risks and reliably securing profits.」
Measures to secure profits through risk management at the credit, contract, and construction stages and construction profitability management are continuing. - 2026-05-12AdvancedEarnings
「Meanwhile, the earnings environment is beginning to support the securing and improvement of construction earnings as rigorous risk management is applied to each construction project and the persistently high construction costs are gradually being passed on to contract prices.」
The company describes how rigorous project-level risk management and the pass-through of construction costs to contract prices are contributing to the preservation and improvement of earnings. - FY2025RestatedAnnual report
「Strengthening earnings through credit and construction risk management, securing gross margins at order receipt, and thorough management of construction profitability」
Measures to manage credit and construction risks, gross margins at order receipt, and construction profitability are continuing. - FY2024RestatedAnnual report
「② Strengthening earnings through thorough credit and construction risk management, securing the target gross margin when receiving orders, and strict management of construction profitability」
Credit and construction risk management, securing gross margins at order receipt, and managing construction profitability remain key measures for strengthening earnings. - FY2023RestatedAnnual report
「④ Thorough credit management and measures to address construction risks, securing the target gross margin when receiving orders, and strict management of construction profitability」
Credit management, measures to address construction risks, securing gross margins at order receipt, and managing construction profitability remain key measures for securing stable earnings. - FY2022RestatedAnnual report
「④ Thorough credit management, securing the target gross margin when receiving orders, and strict management of construction profitability」
Credit management, securing gross margins at order receipt, and managing construction profitability remain key measures for securing earnings. - FY2021RestatedAnnual report
「Thorough credit management, securing the target gross margin when receiving orders, and strict management of construction profitability」
Risk management at the credit, contract, and construction stages, securing gross margins at order receipt, and managing construction profitability remain key measures for securing earnings. - FY2021-Q3RestatedAnnual report
「The company remains in an environment requiring cautious business management, as price competition is beginning to emerge.」
In light of the deteriorating order-taking environment, the company continues to operate cautiously, with a focus on project profitability and construction profitability. - FY2019RestatedAnnual report
「① Thorough management of credit, contract, and construction risks ② Securing the target gross margin when receiving orders and strictly managing construction profitability」
Risk management at the credit, contract, and construction stages, securing gross margins at order receipt, and managing construction profitability remain key measures for strengthening earnings. - FY2019-Q1RestatedAnnual report
「Accordingly, the company is in an environment where more cautious business management than before is required to secure stable business earnings.」
In light of the risk of deterioration in the order-taking and construction environment, the company continues to operate cautiously, with a focus on project profitability and construction profitability. - FY2018RestatedAnnual report
「① Thorough management of credit, contract, and construction risks for each project ② Securing the target gross margin when receiving orders and strictly managing construction profitability ③ Thorough reduction of total costs, including selling, general and administrative expenses and non-operating income and expenses」
Measures to manage project risks, gross margins at order receipt, construction profitability, and total costs are continuing. - FY2018-Q1RestatedAnnual report
「Accordingly, the economic environment is shifting toward one in which more cautious business management than ever is required to secure stable business earnings.」
In response to changes in the business environment, the company indicates that it will continue to operate cautiously to secure stable earnings. - FY2017RestatedAnnual report
「① More thorough management of credit, contract, and construction risks for each project ② Securing the target gross margin when receiving orders and strictly managing construction profitability ③ Thorough reduction of total costs, including selling, general and administrative expenses and non-operating income and expenses」
Specific measures are reiterated for managing project credit, contract, and construction risks, gross margins at order receipt, construction profitability, and total costs. - FY2017-Q2RestatedAnnual report
「Against this backdrop, we have worked to avoid low-price orders and rigorously manage costs to improve earnings power, while also seeking to expand orders in the Tokyo metropolitan area and strengthen our real estate development business.」
Measures to manage order profitability and construction profitability by avoiding low-priced orders and enforcing cost management are continuing. - FY2016First statedAnnual report
「More thorough management of credit, contract, and construction risks for each project」
Measures include confirming the construction structure before receiving orders, securing gross margins when receiving orders, strictly managing construction profitability, and managing costs.