Komori
Tekken (1815) · InitiativeDeterioration in the profitability of overseas construction projects weighs on full-year profit

Promotion of Overseas Business and Preparations for the India High-Speed Railway Project

First written in FY2018. 1 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2024.

7entries
7years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2018AdvancedFY2019OtherFY2020 – FY20242018: 120182019: 120192020: 120202021: 020212022: 120222023: 220232024: 12024
Same theme, other companies
Global expansion of overseas railway and daily-life service businessesA theme 6 companies write about · 0 as a headwind · 7 as a tailwind

0 other companies' latest entry also says "Other".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2024Deterioration in the profitability of overseas construction projects weighs on full-year profitAnnual report

    「The main factors were a decrease in gross profit on completed construction due to the failure to pass through higher materials and equipment prices and labour costs, as well as deteriorating profitability on overseas construction projects resulting from the yen's depreciation and other factors.」

    While continuing its policy of expanding the overseas business, the company stated that deteriorating profitability on overseas construction projects due to the yen's depreciation had reduced full-year gross profit on completed construction.
  2. FY2024-Q2Deteriorating profitability on overseas construction projects continuesAnnual report

    「The deterioration in the profitability of overseas construction projects due to the yen's depreciation and other factors reduced gross profit.」

    In the existing thread concerning the policy of expanding the overseas business, the company stated that the deterioration in the profitability of overseas construction projects due to the yen's depreciation had reduced gross profit.
  3. FY2024-Q1Reconfirmed deteriorating profitability on overseas construction projects as a factor affecting performanceAnnual report

    「The failure to pass on increases in construction costs resulting from surging construction material prices, as well as the deterioration in the profitability of overseas construction projects due to the weaker yen, were factors weighing on gross profit.」

    While setting out a policy of expanding the overseas business, the company stated that the yen's depreciation had deteriorated the profitability of overseas construction projects and reduced gross profit.
  4. FY2023-Q1Explicit disclosure of deteriorating profitability on overseas construction projectsAnnual report

    「In our group's consolidated results for the six months ended the second quarter of the current fiscal year, in addition to the economic conditions described above, the rapid depreciation of the yen was one factor that worsened the profitability of our overseas construction projects.」

    In connection with its policy of expanding the overseas business, the company stated that the profitability of overseas construction projects had deteriorated due to the sharp depreciation of the yen.
  5. FY2020Continuation of the policy to expand overseas operations and deterioration in the profitability of some construction projectsAnnual report

    「As a challenge toward further growth, we will expand our overseas business and strengthen our organisational structure. Meanwhile, gross profit decreased by ¥1,319 million from the previous consolidated fiscal year, due in part to factors such as deteriorating profitability on certain overseas construction projects.」

    While continuing its policy of expanding the overseas business and strengthening its organisational structure, the company explicitly noted that profitability on certain overseas construction projects had deteriorated during the fiscal year.
  6. FY2019AdvancedAnnual report

    「The company achieved numerous results, including improving construction profit margins, strengthening safety and quality training for employees and partner companies, reducing working hours by promoting work-style reform, and expanding orders for overseas construction projects, thereby establishing a foundation for achieving the Medium-Term Management Plan.」

    The company states that it achieved results including an expansion in orders for overseas construction projects during the first year of the Medium-Term Management Plan. The organizational structure comprising the Overseas Business Promotion Office and India High-Speed Rail Project Preparatory Office also remains in place.
  7. FY2018First statedAnnual report

    「April 2018: The Overseas Business Division was reorganized into the Overseas Business Promotion Office and the India High-Speed Rail Project Preparatory Office.」

    The company describes an organizational change involving the reorganization of the Overseas Business Division and establishment of the Overseas Business Promotion Office and India High-Speed Rail Project Preparatory Office.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Tekken yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Promotion of Overseas Business and Preparations for the India High-Speed Railway Project | TEKKEN CORPORATION (1815) | Komori