Improving profitability in domestic construction projects
First written in FY2016. 6 of 36 entries say "Advanced", first in FY2018. Latest entry: 2026-08-07.
The whole theme swung hardest in 2021: 3 of 10 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings
「②建築事業 当セグメントは主に国内建築工事の売上により構成されております。当セグメントの売上高は、工事が概ね順調 に進捗したことから、前年同四半期比16.4％増の54,953百万円となりました。セグメント利益は、売上高の増加及 び利益率の改善により、前年同四半期比95.0％増の4,332百万円となりました。」
国内建築事業は売上高の増加と利益率の改善により、セグメント利益が前年同期比95.0％増の4,332百万円となった。国内土木事業も利益率の改善によりセグメント利益が増加した。 - FY2026AdvancedAnnual report
「Segment profit rose 114.7% year on year to ¥13,790 million as the earnings improvement plan progressed smoothly and design changes were secured on large projects.」
Domestic building construction segment profit rose 114.7% year on year to ¥13,790 million, while the gross profit margin on completed construction improved to 11.7%. - FY2026-H1Updated profitability for the domestic civil engineering and building construction businesses for the interim periodAnnual report
「① Civil engineering business Revenue in this segment was ¥55,724 million, up 10.9% year on year, as projects generally progressed smoothly. However, segment profit fell 17.4% to ¥3,204 million because progress on high-margin projects declined, reducing gross profit on completed construction. ② Building construction business Revenue in this segment was ¥100,046 million, up 2.7% year on year, as projects generally progressed smoothly. Segment profit rose 150.8% to ¥5,571 million because the gross profit margin on completed construction improved as the proportion of projects affected by rising prices declined.」
Domestic civil engineering revenue increased, while segment profit fell 17.4% because progress on high-margin projects declined. Domestic building construction segment profit rose 150.8% as the proportion of projects affected by rising prices declined and the gross profit margin on completed construction improved. - FY2024AdvancedAnnual report
「Profit was ¥348 million, compared with a segment loss of ¥5,576 million in the previous fiscal year, as the gross profit margin on completed construction improved mainly because the profitability of several large projects increased.」
Domestic building construction moved from a segment loss in the previous fiscal year to profit of ¥348 million. The operating profit margin also improved from 3.7% in the previous fiscal year to 4.7%, reflecting progress under the earnings improvement plan. - FY2024-Q3Updated third-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥76,705 million, down 7.5% year on year, while segment profit fell 30.9% to ¥7,772 million. Although it remained above the initial plan for the fiscal year, profit was affected by the reversal of the effect of high-margin projects completed in the previous consolidated fiscal year. ② Building construction business Revenue in this segment was ¥172,906 million, up 44.2% year on year, as the initial plan, which exceeded the previous consolidated fiscal year's results, progressed as scheduled. Profit was ¥796 million, compared with a segment loss of ¥5,046 million in the same period of the previous year, as the gross profit margin on completed construction improved because the profitability of several large projects increased.」
Segment profit in the civil engineering business fell 30.9% year on year, while the building construction business moved from a loss of ¥5,046 million in the same period of the previous year to profit of ¥796 million because of the improved gross profit margin on completed construction. - FY2024-Q2Updated second-quarter segment profitabilityAnnual report
「① Civil engineering business This segment consists mainly of revenue from domestic civil engineering projects. Revenue was ¥47,042 million, down 5.9% year on year. Although business progressed steadily toward the latter half of the six months ended the second quarter, the impact of delays in the progress of several large projects in the first quarter remained. Segment profit was ¥4,416 million, down 25.7% year on year. Although it remained above the initial plan for the fiscal year, profit was affected by the decline in revenue described above and the reversal of the effect of high-margin projects completed in the previous consolidated fiscal year. ② Building construction business This segment consists mainly of revenue from domestic building construction projects. Revenue was ¥109,071 million, up 43.4% year on year, as the initial plan, which exceeded the previous consolidated fiscal year's results, progressed as scheduled. Profit was recovering toward the latter half of the six months ended the second quarter, but the gross profit margin on completed construction declined mainly as several low-margin projects awarded by the end of the previous consolidated fiscal year progressed. The segment loss was ¥597 million, compared with a segment loss of ¥922 million in the same period of the previous year.」
Domestic civil engineering revenue and segment profit were below the same period of the previous year. Domestic building construction revenue increased, and the segment loss narrowed from ¥922 million in the same period of the previous year to ¥597 million, but the business remained loss-making. - FY2024-Q1WorsenedAnnual report
「Revenue in this segment rose 55.0% year on year to ¥51,263 million, partly because several large projects progressed, but the gross profit margin on completed construction declined mainly as several low-margin projects awarded by the end of the previous consolidated fiscal year progressed. As a result, the segment loss was ¥1,130 million, compared with a segment loss of ¥562 million in the same period of the previous year.」
Domestic building construction revenue increased, but the segment loss widened from ¥562 million in the same period of the previous year to ¥1,130 million as low-margin projects progressed. Segment profit also fell 50.6% in the domestic civil engineering business. - FY2023WorsenedAnnual report
「(i) Civil engineering business Revenue in this segment was ¥119,810 million, down 1.8% year on year, while segment profit fell 37.5% to ¥7,722 million, mainly because the gross profit margin on overseas construction projects and domestic private-sector construction projects declined. (ii) Building construction business Revenue in this segment was ¥188,431 million, up 2.3% year on year. The segment loss was ¥5,426 million, compared with segment profit of ¥6,404 million in the previous fiscal year, mainly because the gross profit margin on domestic construction projects declined.」
Segment profit in the civil engineering business fell 37.5%, while the building construction business moved into a segment loss of ¥5,426 million. - FY2023-Q3Updated third-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥91,291 million, up 1.7% year on year, while segment profit fell 31.6% to ¥7,605 million, mainly because the gross profit margin on overseas construction projects declined. ② Building construction business Revenue in this segment was ¥126,862 million, down 5.7% year on year. The segment loss was ¥5,008 million, compared with segment profit of ¥5,183 million in the same period of the previous year, mainly because the gross profit margin on domestic construction projects declined.」
Profit in the civil engineering business fell 31.6% because of the lower gross profit margin on overseas construction projects, while the building construction business reported a segment loss of ¥5,008 million mainly because the margin on domestic construction projects declined. - FY2023-Q2Updated second-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥56,749 million, essentially unchanged year on year, while segment profit fell 4.1% to ¥5,181 million. ② Building construction business Revenue in this segment was ¥80,426 million, down 9.9% year on year. In addition to the decline in revenue, the lower gross profit margin on completed construction resulted in a segment loss of ¥951 million, compared with segment profit of ¥3,230 million in the same period of the previous year.」
In the six months ended the second quarter, segment profit in the civil engineering business fell 4.1%, while the building construction business reported a segment loss of ¥951 million mainly because the gross profit margin on completed construction declined. - FY2023-Q1Updated first-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥28,167 million, up 1.1% year on year, but segment profit fell 5.4% to ¥2,644 million, mainly because selling, general and administrative expenses increased. ② Building construction business Revenue in this segment was ¥34,488 million, down 16.3% year on year. Segment loss was ¥624 million, compared with segment profit of ¥1,298 million in the same period of the previous year, mainly because the gross profit margin on completed construction declined.」
Revenue in the civil engineering business increased, but profit fell 5.4% mainly because selling, general and administrative expenses increased. The building construction business reported a segment loss of ¥624 million, mainly because the gross profit margin on completed construction declined. - FY2022-Q3Updated third-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥89,796 million, down 2.6% year on year, while segment profit rose 130.1% to ¥11,116 million, mainly because the gross profit margin on completed construction, particularly on domestic projects, improved. ② Building construction business Revenue in this segment was ¥134,569 million, down 8.4% year on year, while segment profit fell 14.6% to ¥5,183 million, mainly because the gross profit margin on overseas construction projects declined.」
Segment profit in the civil engineering business rose 130.1% because of the improved gross profit margin on completed construction, while profit in the building construction business fell 14.6% mainly because of the lower margin on overseas construction projects. - FY2022-Q2Updated second-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥56,731 million, down 4.5% year on year, while segment profit rose 85.3% to ¥5,401 million, mainly because the gross profit margin on completed construction improved. ② Building construction business Revenue in this segment was ¥89,238 million, down 8.1% year on year, while segment profit fell 7.1% to ¥3,230 million in line with the decline in revenue.」
Segment profit in the civil engineering business rose 85.3% year on year because of the improved gross profit margin on completed construction, while profit in the building construction business fell 7.1% in line with the decline in revenue. - FY2022-Q1Updated first-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥27,866 million, up 1.6% year on year, while segment profit rose 174.2% to ¥2,795 million, mainly because the gross profit margin on completed construction improved. ② Building construction business Revenue in this segment was ¥41,194 million, down 10.9% year on year, while segment profit rose 27.2% to ¥1,298 million, mainly because the gross profit margin on completed construction improved.」
The gross profit margin on completed construction improved in both the civil engineering and building construction segments, and segment profit rose 174.2% and 27.2%, respectively, year on year. - FY2021Updated full-year segment profitabilityAnnual report
「(i) Civil engineering business Revenue in this segment was ¥127,397 million, down 9.8% year on year, while segment profit fell 45.8% to ¥8,410 million, mainly because the gross profit margin on completed construction declined. (ii) Building construction business Revenue in this segment was ¥196,851 million, down 18.3% year on year, while segment profit rose 17.4% to ¥9,198 million, mainly because the gross profit margin on completed construction improved.」
For the year, profit in the civil engineering business fell 45.8%, while profit in the building construction business rose 17.4%. Trends in the gross profit margin on completed construction diverged by segment. - FY2021-Q3Updated third-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥92,233 million, down 7.7% year on year, while segment profit fell 59.0% to ¥4,716 million, mainly because the gross profit margin on completed construction declined. ② Building construction business Revenue in this segment was ¥146,987 million, down 9.9% year on year, while segment profit rose 21.1% to ¥5,894 million, mainly because the gross profit margin on completed construction improved.」
In the nine months ended the third quarter, segment profit in the civil engineering business fell 59.0% because of the lower gross profit margin on completed construction, while profit in the building construction business rose 21.1% because of the improved margin. - FY2021-Q2Updated second-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥59,384 million, down 7.9% year on year, while segment profit fell 53.3% to ¥2,838 million, mainly because the gross profit margin on completed construction declined. ② Building construction business Revenue in this segment was ¥97,122 million, down 4.0% year on year, while segment profit rose 24.4% to ¥3,362 million, mainly because the gross profit margin on completed construction improved.」
In the six months ended the second quarter, segment profit in the civil engineering business fell 53.3% because of the lower gross profit margin on completed construction, while profit in the building construction business rose 24.4% because of the improved margin. - FY2021-Q1Updated first-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥27,441 million, down 9.2% year on year, while segment profit fell 57.3% to ¥979 million, mainly because the gross profit margin on completed construction declined. ② Building construction business Revenue in this segment was ¥46,246 million, up 1.6% year on year, while segment profit fell 15.9% to ¥959 million, mainly because the gross profit margin on completed construction declined.」
In the first quarter, the gross profit margin on completed construction declined in both the civil engineering and building construction segments, resulting in lower segment profit year on year. - FY2020Updated full-year segment profitabilityAnnual report
「(i) Civil engineering business Revenue in this segment was ¥141,177 million, up 19.7% year on year, while segment profit rose 65.4% to ¥15,526 million, mainly because the gross profit margin on completed construction improved. (ii) Building construction business Revenue in this segment was ¥240,856 million, up 8.4% year on year, while segment profit fell 43.0% to ¥7,832 million, mainly because the gross profit margin on completed construction declined.」
For the year, segment profit increased substantially in the civil engineering business, while profit in the building construction business declined substantially because of the lower gross profit margin on completed construction. - FY2020-Q3Updated third-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥99,927 million, up 27.4% year on year, while segment profit was ¥11,516 million, up 214.5% year on year, due in part to an improved gross profit margin on completed construction contracts. ② Building construction business Revenue in this segment was ¥163,094 million, up 6.9% year on year, while segment profit was ¥4,868 million, down 51.6% year on year, due in part to a lower gross profit margin on completed construction contracts.」
Civil engineering segment profit increased 214.5% year on year due to an improved gross profit margin on completed construction contracts, while building construction segment profit decreased 51.6% due to a lower margin. - FY2020-Q2Updated second-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥64,503 million, up 34.8% year on year, while segment profit was ¥6,072 million, up 258.2% year on year, due in part to an improved gross profit margin on completed construction contracts. ② Building construction business Revenue in this segment was ¥101,192 million, up 9.8% year on year, while segment profit was ¥2,702 million, down 54.8% year on year, due in part to a lower gross profit margin on completed construction contracts.」
In FY2020-Q2, civil engineering segment profit increased 258.2% year on year due to an improved gross profit margin on completed construction contracts, while building construction segment profit decreased 54.8% due to a lower margin. - FY2020-Q1Updated first-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥30,228 million, up 41.2% year on year, while segment profit was ¥2,295 million, up 355.3% year on year, due in part to an improved gross profit margin on completed construction contracts. ② Building construction business Revenue in this segment was ¥45,536 million, up 15.7% year on year, while segment profit was ¥1,141 million, down 56.5% year on year, due in part to a lower gross profit margin on completed construction contracts.」
In the first quarter, civil engineering segment profit increased 355.3% year on year due to an improved gross profit margin on completed construction contracts, while building construction segment profit decreased 56.5% due to a lower margin. - FY2019Updated full-year segment profitabilityAnnual report
「(a) Civil engineering business Revenue in this segment was ¥117,982 million, up 23.1% year on year, while segment profit was ¥9,389 million, down 1.5% year on year. (b) Building construction business Revenue in this segment was ¥222,126 million, up 23.6% year on year, while segment profit was ¥13,742 million, up 21.8% year on year.」
For the full fiscal year, civil engineering segment profit decreased 1.5% while building construction profit increased 21.8%. Segment profitability trends were updated. - FY2019-Q3Updated third-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥78,455 million, up 18.9% year on year, while segment profit was ¥3,661 million, down 34.4% year on year. ② Building construction business Revenue in this segment was ¥152,593 million, up 20.3% year on year, while segment profit was ¥10,060 million, up 21.4% year on year.」
For the nine months ended in the third quarter, civil engineering profit decreased 34.4% year on year, while building construction profit increased 21.4%. The decline in the gross profit margin on completed domestic civil engineering projects was cited as the main cause of the decrease in consolidated operating profit. - FY2019-Q2Updated second-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥47,850 million, up 13.8% year on year, while segment profit was ¥1,695 million, down 52.2% year on year. ② Building construction business Revenue in this segment was ¥92,149 million, up 11.2% year on year, while segment profit was ¥5,977 million, up 6.8% year on year.」
For the six months ended in the second quarter, civil engineering profit decreased 52.2% year on year, while building construction profit increased 6.8%. The decline in the gross profit margin on completed domestic civil engineering projects was cited as the main cause of the decrease in consolidated operating profit. - FY2019-Q1Updated first-quarter segment profitabilityAnnual report
「① Civil engineering business Revenue in this segment was ¥21,403 million, up 11.9% year on year, while segment profit was ¥504 million, down 11.9% year on year. ② Building construction business Revenue in this segment was ¥39,349 million, down 7.6% year on year, while segment profit was ¥2,625 million, down 6.2% year on year.」
In the first quarter, profit fell below the same quarter of the previous year in both the civil engineering and building construction segments. - FY2018AdvancedAnnual report
「The gross profit margin on completed domestic construction projects at the company on a non-consolidated basis reached a record high of 13.6%, up 1.6 percentage points from the previous fiscal year. Operating profit exceeded ¥20 billion for the second consecutive year, while the operating margin was maintained at 8.0% for the second consecutive year, indicating that a stable earnings base is gradually being established to a certain extent.」
The historical results for the gross profit margin on completed construction contracts, operating profit and operating margin were updated in connection with improved profitability of domestic construction projects. - FY2018-Q3Third-quarter results updatedAnnual report
「Operating profit decreased by ¥5,451 million, or 26.0%, year on year to ¥15,488 million. Although the gross profit margin on completed domestic construction contracts increased by 1.7 percentage points from the same quarter of the previous year, gross profit on completed construction contracts declined as a result of the reversal of profit recognized in the third quarter of the previous fiscal year from a major claim on certain overseas construction projects.」
The gross profit margin on completed domestic construction contracts improved, but consolidated operating profit decreased 26.0% year on year due to the reversal of profit recognized on certain overseas construction projects in the same period of the previous year. - FY2018-Q2Second-quarter results updatedAnnual report
「① Civil engineering business Revenue in this segment was ¥42,063 million, up 22.7% year on year, while segment profit was ¥3,545 million, up 1.0% year on year. ② Building construction business Revenue in this segment was ¥82,871 million, down 9.2% year on year, while segment profit was ¥5,595 million, down 8.2% year on year.」
For the six months ended in the second quarter, civil engineering profit increased 1.0% year on year, while building construction profit decreased 8.2%. Consolidated operating profit decreased 6.9%. - FY2018-Q1First-quarter results updatedAnnual report
「① Civil engineering business Revenue in this segment was ¥19,122 million, down 23.5% year on year, while segment profit was ¥572 million, down 14.2% year on year. ② Building construction business Revenue in this segment was ¥42,587 million, down 7.2% year on year, while segment profit was ¥2,797 million, up 10.4% year on year.」
In the first quarter, civil engineering profit declined while building construction profit increased 10.4%. Consolidated operating profit increased 2.5% year on year, and profitability trends by business were updated. - FY2017-Q3Third-quarter results updatedAnnual report
「Operating income increased by ¥5,493 million, or 35.6%, year on year to ¥20,939 million, mainly because gross profit on completed construction contracts increased as completed-contract profit margins improved in the civil engineering and building construction businesses.」
Operating profit increased 35.6% year on year, ordinary profit increased 41.2%, and quarterly net income attributable to owners of the parent increased 39.4%, due to improved gross profit margins on completed construction contracts in the civil engineering and building construction businesses. - FY2017-Q2Second-quarter results updatedAnnual report
「Operating profit increased by ¥2,177 million, or 24.4%, year on year to ¥11,090 million, owing to improved profitability of domestic construction projects.」
Against the backdrop of improved profitability of domestic construction projects, operating profit increased 24.4% year on year. - FY2017-Q1Quarterly results updatedAnnual report
「① Civil engineering business Revenue in this segment was ¥24,989 million, down 21.7% year on year, while segment profit was ¥666 million, up 2.4% year on year. ② Building construction business Revenue in this segment was ¥45,897 million, up 10.4% year on year, while segment profit was ¥2,533 million, up 58.4% year on year.」
In the civil engineering and building construction businesses in the first quarter, revenue trends differed, but profit increased year on year in both segments. Consolidated operating profit was ¥4,190 million, up 53.4% year on year. - FY2016First statedAnnual report
「Operating profit was ¥16,184 million, up 85.8% year on year, and ordinary profit was ¥16,290 million, up 63.9%, as profitability improved in domestic construction projects due to an improved order environment and stable labor and material costs.」
Operating profit, ordinary profit and net income attributable to owners of the parent all increased from the previous fiscal year.