Eliminating Unprofitable Construction Projects, Cost Control and Cost Reduction
First written in FY2016. 9 of 33 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026.
Totetsu Kogyo moved to the "Worse" side of this theme in 2018.
The whole theme swung hardest in 2021: 2 of 23 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Increase in all full-year profit measuresAnnual report
「Gross profit was ¥28,080 million (up ¥3,413 million year on year), operating profit was ¥17,601 million (up ¥2,075 million), ordinary profit was ¥18,220 million (up ¥2,185 million), and net profit attributable to owners of the parent was ¥12,845 million (up ¥1,280 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year. The text does not explicitly state a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2026-H1Continued increases across all profit measuresAnnual report
「Gross profit was ¥10,788 million (up ¥2,386 million year on year), operating profit was ¥6,270 million (up ¥2,150 million), ordinary profit was ¥6,650 million (up ¥2,253 million), and interim net profit attributable to owners of the parent was ¥4,474 million (up ¥1,247 million).」
Gross profit, operating profit, ordinary profit and interim net profit attributable to owners of the parent all increased year on year. The text does not explicitly state a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2025-H1All profit measures upAnnual report
「Regarding earnings, gross profit was ¥8,402 million (up ¥1,459 million year on year), operating profit was ¥4,120 million (up ¥1,166 million), ordinary profit was ¥4,396 million (up ¥1,215 million), and interim net profit attributable to owners of the parent was ¥3,227 million (up ¥1,058 million).」
Gross profit, operating profit, ordinary profit and interim net profit attributable to owners of the parent all increased year on year. The text does not explicitly state a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2024All profit measures upAnnual report
「Regarding earnings, gross profit was ¥20,158 million (up ¥2,765 million year on year), operating profit was ¥11,751 million (up ¥2,680 million), ordinary profit was ¥12,106 million (up ¥2,618 million), and net profit attributable to owners of the parent was ¥8,296 million (up ¥390 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year. - FY2024-Q3All profit measures upAnnual report
「Regarding earnings, gross profit was ¥12,733 million (up ¥1,704 million year on year), operating profit was ¥6,760 million (up ¥1,614 million), ordinary profit was ¥7,106 million (up ¥1,629 million), and net profit attributable to owners of the parent was ¥4,875 million (up ¥1,006 million).」
All profit measures increased year on year. No direct causal link to eliminating unprofitable construction projects, cost control or cost reductions is explicitly stated. - FY2024-Q2All profit measures upAnnual report
「Regarding earnings, gross profit was ¥6,942 million (up ¥599 million year on year), operating profit was ¥2,953 million (up ¥532 million), ordinary profit was ¥3,181 million (up ¥558 million), and net profit attributable to owners of the parent was ¥2,168 million (up ¥103 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year. No direct causal link to eliminating unprofitable construction projects, cost control or cost reductions is explicitly stated. - FY2024-Q1Mixed earningsAnnual report
「Regarding earnings, gross profit was ¥2,626 million (down ¥50 million year on year), operating profit was ¥673 million (down ¥5 million), ordinary profit was ¥845 million (up ¥1 million), and net profit attributable to owners of the parent was ¥518 million (up ¥5 million).」
Gross profit and operating profit declined year on year, while ordinary profit and net profit attributable to owners of the parent increased. No direct causal link to eliminating unprofitable construction projects, cost control or cost reductions is explicitly stated. - FY2023All profit measures upAnnual report
「Regarding earnings, gross profit was ¥17,393 million (up ¥2,608 million year on year), operating profit was ¥9,070 million (up ¥1,809 million), ordinary profit was ¥9,487 million (up ¥1,911 million), and net profit attributable to owners of the parent was ¥7,905 million (up ¥2,579 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year. The text does not explicitly state a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2023-Q3All profit measures upAnnual report
「Regarding earnings, gross profit was ¥11,028 million (up ¥1,932 million year on year), operating profit was ¥5,145 million (up ¥1,284 million), ordinary profit was ¥5,476 million (up ¥1,294 million), and net profit attributable to owners of the parent was ¥3,868 million (up ¥770 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year. The text does not explicitly state a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2023-Q2All profit measures upAnnual report
「Regarding earnings, gross profit was ¥6,342 million (up ¥989 million year on year), operating profit was ¥2,420 million (up ¥584 million), ordinary profit was ¥2,622 million (up ¥576 million), and net profit attributable to owners of the parent was ¥2,065 million (up ¥368 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year. The text does not explicitly state a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2023-Q1Operating profit and other measures up, net profit downAnnual report
「Regarding earnings, gross profit was ¥2,676 million (up ¥334 million year on year), operating profit was ¥678 million (up ¥96 million), ordinary profit was ¥844 million (up ¥91 million), and net profit attributable to owners of the parent was ¥513 million (down ¥368 million).」
Gross profit, operating profit and ordinary profit increased year on year, while net profit attributable to owners of the parent declined. The text cites progress on various carried-over construction projects and higher completed-construction sales from government and private-sector projects as factors behind the increase in net sales. - FY2022Profit declineAnnual report
「Regarding earnings, gross profit was ¥14,784 million (down ¥6,945 million year on year), operating profit was ¥7,261 million (down ¥6,654 million), ordinary profit was ¥7,576 million (down ¥6,716 million), and net profit attributable to owners of the parent was ¥5,326 million (down ¥4,363 million).」
All profit measures declined significantly from the previous period. The text cites restrained capital investment associated with the COVID-19 pandemic and other factors as the main background, without explicitly stating a direct causal link to eliminating unprofitable construction projects or other factors. - FY2022-Q3WorsenedAnnual report
「Regarding earnings, gross profit was ¥9,096 million (down ¥5,660 million year on year), operating profit was ¥3,860 million (down ¥5,595 million), ordinary profit was ¥4,181 million (down ¥5,641 million), and net profit attributable to owners of the parent was ¥3,097 million (down ¥3,570 million).」
All profit measures for the cumulative third quarter declined significantly year on year, indicating a deterioration in profit levels. - FY2022-Q2WorsenedAnnual report
「Regarding earnings, gross profit was ¥5,352 million (down ¥3,954 million year on year), operating profit was ¥1,836 million (down ¥3,919 million), ordinary profit was ¥2,046 million (down ¥3,958 million), and net profit attributable to owners of the parent was ¥1,696 million (down ¥2,325 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent for the cumulative second quarter all declined year on year. - FY2022-Q1WorsenedAnnual report
「Regarding earnings, gross profit was ¥2,341 million (down ¥1,285 million year on year), operating profit was ¥582 million (down ¥1,298 million), ordinary profit was ¥753 million (down ¥1,325 million), and net profit attributable to owners of the parent was ¥881 million (down ¥499 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all declined year on year. Net sales decreased by ¥2,310 million year on year, mainly due to a decline in private-sector construction and other factors, and the deterioration in profit levels was noted. - FY2021Profit declineAnnual report
「Regarding earnings, gross profit was ¥21,729 million (down ¥899 million year on year), operating profit was ¥13,915 million (down ¥942 million), ordinary profit was ¥14,293 million (down ¥1,054 million), and net profit attributable to owners of the parent was ¥9,689 million (down ¥968 million).」
All profit measures declined from the previous period's record highs. The text explains this mainly by citing restrained capital investment associated with the COVID-19 pandemic and other factors. - FY2021-Q3Profit recoveryAnnual report
「Regarding earnings, gross profit was ¥14,757 million (up ¥1,546 million year on year), operating profit was ¥9,456 million (up ¥1,607 million), ordinary profit was ¥9,823 million (up ¥1,535 million), and net profit attributable to owners of the parent was ¥6,668 million (up ¥922 million).」
While net sales declined year on year, gross profit, operating profit, ordinary profit and net profit all increased year on year. The text does not explicitly state a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2021-Q2Profit recoveryAnnual report
「Regarding earnings, driven by the increase in net sales noted above and other factors, gross profit was ¥9,307 million (up ¥1,464 million year on year), operating profit was ¥5,755 million (up ¥1,518 million), ordinary profit was ¥6,004 million (up ¥1,482 million), and net profit attributable to owners of the parent was ¥4,021 million (up ¥980 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent increased year on year, driven by higher net sales and other factors. - FY2021-Q1Profit recoveryAnnual report
「Regarding earnings, gross profit was ¥3,627 million (up ¥514 million year on year), operating profit was ¥1,880 million (up ¥532 million), ordinary profit was ¥2,079 million (up ¥547 million), and net profit attributable to owners of the parent was ¥1,381 million (up ¥382 million).」
While net sales declined year on year, gross profit, operating profit, ordinary profit and net profit all increased year on year. The text does not explicitly state a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2020Record-high earningsAnnual report
「Regarding earnings, driven by the significant increase in net sales noted above and other factors, gross profit was ¥22,629 million (up ¥2,942 million year on year), operating profit was ¥14,858 million (up ¥2,641 million), ordinary profit was ¥15,347 million (up ¥2,642 million), and net profit attributable to owners of the parent was ¥10,657 million (up ¥1,794 million), with all four measures reaching record highs.」
All profit measures reached record highs. The text attributes the increase mainly to the significant increase in net sales and other factors, without explicitly stating a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2020-Q3Profit recoveryAnnual report
「Regarding earnings, driven by the increase in net sales noted above and other factors, gross profit was ¥13,210 million (up ¥1,262 million year on year), operating profit was ¥7,849 million (up ¥1,037 million), ordinary profit was ¥8,287 million (up ¥1,059 million), and net profit attributable to owners of the parent was ¥5,745 million (up ¥709 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent increased year on year, driven by higher net sales and other factors. The text does not explicitly state a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2020-Q2Profit recoveryAnnual report
「Regarding earnings, driven by the increase in net sales noted above and other factors, gross profit was ¥7,843 million (up ¥921 million year on year), operating profit was ¥4,237 million (up ¥881 million), ordinary profit was ¥4,522 million (up ¥952 million), and net profit attributable to owners of the parent was ¥3,041 million (up ¥574 million).」
Gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year. The text attributes the increase mainly to higher net sales and other factors, without explicitly stating a direct causal link to eliminating unprofitable construction projects, cost control or cost reductions. - FY2020-Q1Profit recoveryAnnual report
「Regarding earnings, driven by the increase in net sales noted above and other factors, gross profit was ¥3,112 million (up ¥878 million year on year), operating profit was ¥1,348 million (up ¥873 million), ordinary profit was ¥1,532 million (up ¥874 million), and net profit attributable to owners of the parent was ¥998 million (up ¥556 million).」
All profit measures increased year on year. The text attributes the increase to higher net sales and other factors, without explicitly stating that it resulted from eliminating unprofitable construction projects or cost control. - FY2019WorsenedAnnual report
「Although profit declined significantly in the first quarter due in part to the reversal of the concentration of high-margin projects in the previous fiscal year, full-year gross profit decreased slightly to ¥19,687 million, down ¥98 million year on year. In addition, selling, general and administrative expenses increased due to strategic factors such as the “Power Up Project,” resulting in operating profit of ¥12,216 million, down ¥785 million, and ordinary profit of ¥12,704 million, down ¥597 million.」
Revenue and orders received reached record highs, while profit declined due to the reversal of high-margin projects and higher selling, general and administrative expenses associated with the Power Up Project and other initiatives. - FY2019-Q3WorsenedAnnual report
「Profit was affected by the reversal of the concentration of high-margin projects in the same period of the previous year. Gross profit was ¥11,947 million, down ¥235 million year on year, operating profit was ¥6,811 million, down ¥715 million, ordinary profit was ¥7,227 million, down ¥613 million, and quarterly net profit attributable to owners of the parent was ¥5,036 million, down ¥332 million.」
Gross profit, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent decreased year on year, due in part to the reversal of the concentration of high-margin projects in the same period of the previous year. - FY2019-Q2WorsenedAnnual report
「Profit was affected by the reversal of the concentration of high-margin projects in the same period of the previous year. Gross profit was ¥6,921 million (down ¥641 million year on year), operating profit was ¥3,356 million (down ¥883 million year on year), ordinary profit was ¥3,569 million (down ¥850 million year on year), and quarterly net profit attributable to owners of the parent was ¥2,466 million (down ¥573 million year on year).」
Gross profit, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent decreased year on year, due in part to the reversal of the concentration of high-margin projects in the same period of the previous year. - FY2019-Q1WorsenedAnnual report
「Profit was affected by the decrease in revenue described above and the reversal of the concentration of high-margin projects in the same period of the previous year. Gross profit was ¥2,233 million, down ¥910 million year on year, operating profit was ¥474 million, down ¥1,003 million, ordinary profit was ¥657 million, down ¥969 million, and quarterly net profit attributable to owners of the parent was ¥442 million, down ¥616 million.」
Gross profit, operating profit, ordinary profit and quarterly net profit decreased year on year due to the decline in revenue and the reversal of the concentration of high-margin projects in the same period of the previous year. - FY2018WorsenedAnnual report
「Profit declined due in part to the presence of some construction projects with relatively low profit margins and amounts. Gross profit was ¥19,785 million, operating profit was ¥13,002 million and ordinary profit was ¥13,301 million.」
Revenue reached a record high, but gross profit, operating profit and ordinary profit decreased year on year due to relatively low-margin construction projects. - FY2018-Q3WorsenedAnnual report
「Profit was affected by the presence of some construction projects with relatively low profit margins and amounts compared with the same period of the previous year. Gross profit was ¥12,183 million, down ¥649 million year on year, operating profit was ¥7,526 million, down ¥754 million, ordinary profit was ¥7,841 million, down ¥719 million, and quarterly net profit attributable to owners of the parent was ¥5,369 million, down ¥478 million.」
Gross profit, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent decreased year on year due in part to the presence of some low-margin construction projects. - FY2017AdvancedAnnual report
「Together with the increase in revenue described above, and supported by the company-wide, persistent efforts to thoroughly eliminate unprofitable construction projects, strengthen cost management and reduce various costs, gross profit increased by ¥904 million year on year to ¥20,085 million, operating profit increased by ¥891 million to ¥13,371 million, ordinary profit increased by ¥918 million to ¥13,668 million, and net profit attributable to owners of the parent increased by ¥1,064 million to ¥9,583 million. Each measure reached a record high.」
The continued elimination of unprofitable construction projects, cost management and cost reduction, together with improved business performance, resulted in record-high profit across all measures. - FY2017-Q3AdvancedAnnual report
「Profit increased across the board as a result of the increase in revenue described above, together with the company-wide and ongoing efforts to thoroughly eliminate unprofitable construction projects, strengthen cost management and reduce various costs. Gross profit was ¥12,833 million, up ¥199 million year on year, operating profit was ¥8,281 million, up ¥127 million, ordinary profit was ¥8,561 million, up ¥136 million, and quarterly net profit attributable to owners of the parent was ¥5,847 million, up ¥380 million.」
The continued elimination of unprofitable construction projects, cost management and cost reduction resulted in gross profit, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all exceeding the same period of the previous year. - FY2017-Q2RestatedAnnual report
「Along with the increase in revenue described above, as a result of the company-wide and ongoing efforts to thoroughly eliminate unprofitable construction projects, strengthen cost management and reduce various costs, gross profit was ¥7,351 million, down ¥257 million year on year, and operating profit was ¥4,243 million, down ¥352 million year on year. Both figures were the second-highest results on record.」
The company stated that it continued to eliminate unprofitable construction projects, strengthen cost management and reduce costs. Although profit was below the same period of the previous year, it was the second-highest result on record. - FY2016First statedAnnual report
「While focusing on the thorough elimination of unprofitable construction projects, stronger cost management and various cost-reduction initiatives, which the entire company has continued to pursue, we intend to promote “volume” (“growth strategy”) while emphasizing the balance between revenue and profit.」
Profitability improvement measures aimed at achieving both growth and profitability. The company reported that it achieved record-high profit for the third consecutive fiscal year in the fiscal year ended March 2016.