Expected losses on contracted construction projects and provision for construction losses
First written in FY2018. 14 of 32 entries say "Mitigated", first in FY2022-Q2. Latest entry: 2026-11-12.
28 other companies' latest entry also says "Worsened".
- FY2026MitigatedAnnual report
「The amount recognized in the consolidated financial statements for the current consolidated fiscal year was ¥586 million.」
The balance of the provision for construction losses decreased slightly from ¥587 million in the previous fiscal year to ¥586 million. - 2026-05-14MitigatedResults
「工事損失引当金 587 586」
工事損失引当金残高は前年度の587百万円から586百万円へわずかに減少している。 - FY2026-H1MitigatedAnnual report
「Provision for construction losses 587 523」
The balance of the provision for construction losses decreased from ¥587 million at the end of the previous fiscal year to ¥523 million at the end of the first six months of the current consolidated fiscal year. - FY2025MitigatedAnnual report
「The amount recognized in the consolidated financial statements for the current consolidated fiscal year was ¥587 million.」
The balance of the provision for construction losses decreased from ¥1,010 million in the previous fiscal year to ¥587 million. A ¥609 million reversal was also recognized due to improved construction profitability. - FY2025-H1MitigatedAnnual report
「Provision for construction losses 1,010 508」
The balance of the provision for construction losses decreased from ¥1,010 million at the end of the previous consolidated fiscal year to ¥508 million at the end of the first six months of the current consolidated fiscal year. - FY2024MitigatedAnnual report
「The amount recognized in the consolidated financial statements for the current consolidated fiscal year was ¥1,010 million.」
The balance of the provision for construction losses decreased from ¥3,961 million in the previous fiscal year to ¥1,010 million, reducing the balance of the provision for future losses. - FY2024-Q3MitigatedAnnual report
「Provision for construction losses 3,961 1,418」
The balance of the provision for construction losses decreased from ¥3,961 million at the end of the previous consolidated fiscal year to ¥1,418 million at the end of the third quarter of the current fiscal year, and the balance of the provision for future losses also declined. - FY2024-Q2MitigatedAnnual report
「Provision for construction losses 3,961 1,859」
The balance of the provision for construction losses decreased from ¥3,961 million at the end of the previous consolidated fiscal year to ¥1,859 million at the end of the second quarter of the current fiscal year, and the balance of the provision for future losses also declined. - FY2024-Q1MitigatedAnnual report
「Provision for construction losses 3,961 2,426」
The balance of the provision for construction losses decreased from ¥3,961 million at the end of the previous consolidated fiscal year to ¥2,426 million at the end of the first quarter of the current fiscal year. - FY2023MitigatedAnnual report
「The amount recognized in the consolidated financial statements for the current consolidated fiscal year was ¥3,961 million.」
The balance of the provision for construction losses decreased from ¥4,198 million in the previous fiscal year to ¥3,961 million. The amount charged to cost of completed construction contracts also decreased from ¥1,044 million in the previous fiscal year to negative ¥236 million. - FY2023-Q3Balance of the provision for construction losses increased from the previous quarter-endAnnual report
「Provision for construction losses 4,198 3,500」
The balance of the provision for construction losses decreased from ¥4,198 million at the end of the previous consolidated fiscal year to ¥3,500 million, while increasing from ¥2,802 million at the end of the third quarter of the previous fiscal year. - FY2023-Q2MitigatedAnnual report
「Provision for construction losses 4,198 4,070」
The balance of the provision for construction losses decreased from ¥4,198 million at the end of the previous consolidated fiscal year to ¥4,070 million, and the balance of the provision for future losses also declined. - FY2023-Q1MitigatedAnnual report
「Provision for construction losses 4,198 3,316」
The balance of the provision for construction losses decreased from ¥4,198 million at the end of the previous consolidated fiscal year to ¥3,316 million at the end of the first quarter of the current fiscal year. - FY2022WorsenedAnnual report
「The amount recognized in the consolidated financial statements for the current consolidated fiscal year was ¥4,198 million.」
The balance of the provision for construction losses increased from ¥3,153 million in the previous fiscal year to ¥4,198 million, and the amount charged to cost of completed construction contracts was also ¥1,044 million. - FY2022-Q3MitigatedAnnual report
「Provision for construction losses 3,153 2,802」
The balance of the provision for construction losses decreased from ¥3,153 million at the end of the previous consolidated fiscal year to ¥2,802 million at the end of the third quarter of the current fiscal year, and the balance of the provision for future losses also declined. - FY2022-Q2MitigatedAnnual report
「Provision for construction losses 3,153 2,889」
The balance of the provision for construction losses decreased from ¥3,153 million at the end of the previous consolidated fiscal year to ¥2,889 million at the end of the second quarter of the current fiscal year, and the balance of the provision for future losses also declined. - FY2022-Q1WorsenedAnnual report
「Provision for construction losses 3,153 3,170」
The balance of the provision for construction losses increased from ¥3,153 million at the end of the previous consolidated fiscal year to ¥3,170 million at the end of the first quarter of the current fiscal year. - FY2021WorsenedAnnual report
「Provision for construction losses 2,362 3,153」
The balance of the provision for construction losses increased from ¥2,362 million at the end of the previous fiscal year to ¥3,153 million, and ¥790 million was charged to cost of completed construction contracts during the current fiscal year. - FY2021-Q3The balance of the provision for construction contract losses decreased further.Annual report
「Provision for construction losses 2,362 1,246」
The balance of the provision for construction losses decreased from ¥2,362 million at the end of the previous consolidated fiscal year to ¥1,246 million at the end of the third quarter of the current fiscal year, and also decreased from ¥1,578 million at the end of the previous quarter. A provision for future losses continues to be recognized. - FY2021-Q2The balance of the provision for construction contract losses decreased further.Annual report
「Provision for construction losses 2,362 1,578」
The balance of the provision for construction losses decreased from ¥2,362 million at the end of the previous consolidated fiscal year to ¥1,578 million at the end of the second quarter of the current fiscal year. A provision for future losses continues to be recognized, but this does not indicate that the losses have materialized. - FY2021-Q1The balance of the provision for construction contract losses decreased.Annual report
「Provision for construction losses 2,362 2,024」
The balance of the provision for construction losses decreased from ¥2,362 million at the end of the previous consolidated fiscal year to ¥2,024 million at the end of the first quarter of the current fiscal year. A provision for future losses continues to be recognized. - FY2020MaterialisedAnnual report
「In a joint-venture building construction project in which the Company is participating, for which the order was received in the fiscal year ended March 2020, the lead company contacted us after April 2020, revealing indications of substantial construction losses. However, because it was difficult to reasonably estimate the amount of the loss, no additional provision for losses on uncompleted construction contracts was recognized. Going forward, we will work with the lead company to improve performance.」
Previously, future losses on construction projects in progress were recognized as a provision, but the Company states that indications of substantial construction losses were identified after the fiscal year-end in a joint-venture building construction project during the current fiscal year. Because the amount of the loss could not be reasonably estimated, no additional provision was recognized. - FY2020-Q3The balance of the provision for construction contract losses decreased.Annual report
「Provision for construction losses 3,708 2,845」
The balance of the provision for construction losses decreased from ¥3,708 million at the end of the previous consolidated fiscal year to ¥2,845 million at the end of the third quarter of the current fiscal year, and also decreased from ¥3,018 million at the end of the previous quarter. A provision for future losses continues to be recognized. - FY2020-Q2Balance of the provision for construction losses increased from the previous quarter-endAnnual report
「Provision for construction losses 3,708 3,018」
The balance of the provision for construction losses decreased from ¥3,708 million at the end of the previous consolidated fiscal year to ¥3,018 million at the end of the second quarter of the current fiscal year, but increased from ¥2,627 million at the end of the previous quarter. A provision for future losses continues to be recognized. - FY2020-Q1The balance of the provision for construction contract losses decreased.Annual report
「Provision for construction losses 3,708 2,627」
The provision for construction losses decreased from ¥3,708 million at the end of the previous consolidated fiscal year to ¥2,627 million at the end of the first quarter of the current fiscal year. A provision for future losses continues to be recognized. - FY2019WorsenedAnnual report
「Provision for construction losses 3,684 3,708」
The balance of the provision for construction losses increased from ¥3,684 million at the end of the previous fiscal year to ¥3,708 million. The amount charged to cost of completed construction contracts during the current fiscal year was ¥23 million. - FY2019-Q3The balance of the provision for construction contract losses decreased further.Annual report
「Provision for construction losses 3,684 2,476」
The provision for construction losses decreased from ¥3,684 million at the end of the previous consolidated fiscal year to ¥2,476 million at the end of the third quarter of the current fiscal year. A provision for future losses continues to be recognized. - FY2019-Q2The balance of the provision for construction contract losses decreased further.Annual report
「Provision for construction losses 3,684 2,744」
The provision for construction losses decreased from ¥3,684 million at the end of the previous consolidated fiscal year to ¥2,744 million at the end of the second quarter of the current fiscal year. A provision for future losses continues to be recognized. - FY2019-Q1The balance of the provision for construction contract losses decreased.Annual report
「Provision for construction losses 3,684 3,413」
The provision for construction losses decreased from ¥3,684 million at the end of the previous consolidated fiscal year to ¥3,413 million at the end of the first quarter of the current fiscal year. A provision for future losses continues to be recognized. - FY2018First statedAnnual report
「To provide for future losses on construction contracts, the company recognizes the estimated amount of losses for construction contracts in progress at the end of the current consolidated fiscal year for which losses are expected to arise and whose amount can be reasonably estimated.」
The provision for losses on construction contracts was ¥3,684 million at the end of the current fiscal year, and ¥1,022 million was charged to cost of completed construction contracts. Expected future losses are recognized as a provision, but this does not state that the losses have been realized.