Strengthening staffing and construction capabilities for water supply and sewerage projects and expanding orders in Tokyo

「Against this backdrop, the Group's core construction business worked to reduce construction costs and shorten construction periods to improve profitability, while steadily strengthening its system for securing orders for new projects. In the construction business, order intake was ¥1,617.712 million, up 77.3% year on year, net sales were ¥2,681.361 million, up 17.0%, and segment profit (operating profit) was ¥229.947 million, down 19.1%.」

「To improve profitability, we have worked to reduce construction costs and shorten construction periods, while steadily strengthening our system for securing orders for new construction projects.」

「Against this backdrop, the Group's core construction business actively pursued orders in new civil engineering fields in addition to its specialty of water supply and sewerage works to improve profitability, while working to shorten construction days and reduce construction costs to further increase gross profit on completed construction contracts. In the construction business, order intake was ¥912.473 million, down 63.5% year on year, net sales were ¥2,292.086 million, up 17.0%, and segment profit (operating profit) was ¥284.175 million, up 24.7%.」

「Against this backdrop, the Group's core construction business focused on thoroughly reducing construction costs and shortening construction periods to further increase profit from completed construction contracts, while actively pursuing orders in new civil engineering fields in addition to its specialty of water supply and sewerage works. In the construction business, order intake was ¥4,931.202 million, up 37.8% year on year, net sales were ¥3,181.359 million, up 0.3%, and segment profit (operating profit) was ¥330.478 million, up 106.8%.」

「Against this backdrop, the Group's core construction business focused on further reducing construction costs and shortening construction periods to increase gross profit on completed construction contracts. It also pursued new orders for water supply and sewerage works commissioned by the Tokyo Metropolitan Government to offset the decline in construction volume resulting from the concentration of project completions in the consolidated fiscal year. In the construction business, order intake was ¥2,498.020 million, down 20.6% year on year, net sales were ¥1,959.716 million, up 5.0%, and segment profit (operating profit) was ¥227.890 million, up 63.3%.」

「Against this backdrop, the construction business worked harder to reduce construction costs and rigorously manage construction to improve gross profit on completed construction contracts, while actively pursuing river works, road improvement works and other projects in addition to its core water supply and sewerage works to expand its business base and increase order volume. In the construction business, order intake was ¥240.079 million, down 40.0% year on year, net sales were ¥949.090 million, up 3.9%, and segment profit (operating profit) was ¥143.496 million, up 97.6%.」

「To strengthen its ability to secure orders and expand its order base, the company actively pursued orders not only for its specialty of water supply and sewerage works, but also for seismic reinforcement works on river revetments and bridge piers on expressways. It also focused on thoroughly shortening construction days and reducing construction costs to increase gross profit on completed construction contracts.」

「Against this backdrop, the Group's core construction business worked to shorten construction periods and reduce costs to improve productivity, while actively pursuing orders for port and river works, paving works and other projects in addition to its core water supply and sewerage works. In the construction business, order intake was ¥3,578.696 million, down 19.6% year on year, net sales were ¥3,171.540 million, up 23.6%, and segment profit (operating profit) was ¥159.814 million, up 71.1%.」

「Against this backdrop, the Group's core construction business sought to secure water supply and sewerage projects centered on highly profitable mechanical special pipe-jacking works, while actively pursuing orders in new business fields such as port and river works. In the construction business, order intake was ¥3,147.289 million, up 45.6% year on year, net sales were ¥1,866.652 million, up 15.6%, and segment profit (operating profit) was ¥139.549 million, up 334.7%.」

「Against this backdrop, the Group's core construction business actively pursued port and river works and other projects outside its mainstay water supply and sewerage business to develop the civil engineering field and expand the scale of its operations. It also continued efforts to reduce construction costs and shorten construction periods in projects on hand to increase gross profit on completed construction contracts.」

「Against this backdrop, the Group's core construction business continued efforts to shorten construction periods and reduce construction costs to improve productivity, while actively pursuing orders in new business fields such as river works in addition to its core water supply and sewerage projects. In the construction business, order intake was ¥4,450.652 million, up 211.2% year on year, net sales were ¥2,564.938 million, down 5.5%, and segment profit (operating profit) was ¥93.426 million, down 58.7%.」

「Against this backdrop, the Group's core construction business continued efforts to shorten construction periods and reduce construction costs in projects on hand to increase gross profit on completed construction contracts. To secure and expand the volume of projects commissioned by the Tokyo Metropolitan Government, it actively pursued orders not only for water supply and sewerage projects commissioned by the waterworks and sewerage authorities, its area of expertise, but also for new business fields such as projects commissioned by the Finance Bureau and Construction Bureau. In the construction business, order intake was ¥2,161.232 million, up 266.3% year on year, net sales were ¥1,615.380 million, up 9.4%, and segment profit (operating profit) was ¥32.100 million, down 58.9%.」

「Against this backdrop, the Group's core construction business sought to increase gross profit on completed construction contracts by shortening construction periods and reducing construction costs, while actively pursuing orders in new business fields such as port and river works, which can be completed in a shorter period than water supply and sewerage works. In addition, effective 1 October, the company carried out an absorption-type merger in which Minato Civil Co., Ltd., a consolidated subsidiary, was the surviving company and Sanei Techno Co., Ltd., formerly a consolidated subsidiary, was the absorbed company.」

「Against this backdrop, the Group's core construction business continued efforts to increase gross profit on completed construction contracts by shortening construction periods and reducing construction costs. To develop new business fields and expand the scale of its operations, it acquired all shares of Minato Civil Co., Ltd., which has strong technical capabilities and a track record in port and river works commissioned by the Tokyo Metropolitan Government, and brought it into the Group.」

「Against this backdrop, the Group's core construction business continued efforts to increase gross profit on completed construction contracts by shortening construction periods and reducing construction costs. To develop new business fields and expand the scale of its operations, it also proceeded with making Minato Civil Co., Ltd., a construction company with strong technical capabilities and a track record in port and river works commissioned by the Tokyo Metropolitan Government, a subsidiary.」

「Against this backdrop, the Group's core construction business continued efforts to increase gross profit on completed construction contracts by shortening construction periods and reducing construction costs.」

「Against this backdrop, the Group's core construction business continued efforts to increase gross profit on completed construction contracts by commencing newly awarded projects at an early stage, reducing construction costs and shortening construction periods.」

「The company will hire new personnel and make effective use of existing employees to increase the volume of orders for projects in Tokyo. It will also seek to acquire, including through M&A, high-quality construction companies with highly capable construction engineers, while focusing on increasing its engineering workforce and expanding orders in areas outside Tokyo. In the construction business, order intake was ¥5.490 billion, up 41.0% year on year, net sales were ¥3.974 billion, down 11.7%, and segment profit (operating profit) was ¥449 million, up 34.9%.」

「In the construction business, the company continued efforts to reduce construction costs and shorten construction periods to increase gross profit on completed construction contracts, while focusing on securing new orders for water supply and sewerage works in Tokyo to offset the decline in construction volume resulting from the concentration of completed projects on hand in the fiscal year. Order intake was ¥4,571.972 million, up 15.8% year on year, net sales were ¥3,038.848 million, down 5.2%, and segment profit (operating profit) was ¥345.417 million, up 48.5%.」

「Against this backdrop, the company selectively accepted highly profitable water supply and sewerage projects and worked to strengthen the order intake and construction systems of its subsidiaries, with the aim of increasing revenue from completed construction contracts and gross profit on completed construction contracts. In the construction business, order intake was ¥3.893 billion, up 70.5% year on year, net sales were ¥4.503 billion, up 45.0%, and segment profit (operating profit) was ¥333 million, up 6.7%.」

「Against this backdrop, in its core construction business the company actively recruited construction managers, pursued orders for water supply and sewerage projects in Tokyo and focused on strengthening the order intake and construction capabilities of its subsidiaries, with the aim of increasing revenue from completed construction contracts and gross profit on completed construction contracts.」

「Against this backdrop, in its core construction business the company continued to selectively accept water supply and sewerage projects in the Tokyo area and focused on strengthening the order intake and construction capabilities of its subsidiaries, Iguchi Construction Co., Ltd. and Sanei Techno Co., Ltd., in order to increase revenue from completed construction contracts and gross profit on completed construction contracts.」

「Against this backdrop, the core construction business selectively accepted water supply and sewerage projects in the Tokyo area. To expand its business base, increase revenue from completed construction contracts and gross profit on completed construction contracts, and acquire highly capable construction management engineers, the company acquired the shares of Iguchi Construction Co., Ltd., a civil engineering company operating in Yamanashi Prefecture, and made it a subsidiary.」

「The company will actively recruit new construction management personnel and enhance internal training to ensure the transfer of technical expertise from employees with extensive knowledge and experience to younger employees with less experience, thereby developing and securing talented personnel. In the construction business, order intake was ¥2.284 billion, down 30.6% year on year, net sales were ¥3.106 billion, up 12.9%, and gross profit on completed construction contracts was ¥584 million, up 32.2%.」

「Against this backdrop, in its core construction business the company continued to selectively accept highly profitable water supply and sewerage projects in the Tokyo area. At Sanei Techno Co., Ltd., a subsidiary that performs small-diameter pipe-jacking work, it also secured orders mainly in areas surrounding the Kanto region, while the Group worked to reduce construction costs further and improve construction income. The construction business recorded order intake of ¥1.913 billion, down 20.0% year on year, net sales of ¥2.215 billion, up 10.2%, and gross profit on completed construction contracts of ¥533 million, up 169.4%.」

「Against this backdrop, the core construction business actively pursued orders for water supply and sewerage works commissioned by the Tokyo Metropolitan Government, worked to reduce construction costs further and sought to improve construction income. The construction business recorded order intake of ¥1.011 billion, down 56.8% year on year, net sales of ¥1.208 billion, up 2.2%, and gross profit on completed construction contracts of ¥299 million, up 222.7%.」

「Against this backdrop, the Group selectively accepted high-quality projects and worked to improve technical capabilities and reduce construction costs in its core water supply and sewerage construction operations in order to ensure stable recognition of revenue from completed construction contracts and construction income. In the construction business, orders for projects in the Tokyo area resulted in order intake of ¥1.046 billion, down 37.7% year on year, net sales of ¥503 million, up 15.6%, and gross profit on completed construction contracts of ¥187 million, up 514.1%.」

「In its core water supply and sewerage construction operations, the company continued to recruit construction management personnel, actively pursue orders for projects commissioned by the Tokyo Metropolitan Government, improve construction methods and reduce construction costs in order to expand revenue from completed construction contracts. In the construction business, these efforts resulted in order intake of ¥3.291 billion. In addition, 3 large-scale projects that had been under construction for an extended period were completed. Substantial design changes were approved for each project, increasing the order amounts, and construction efficiency improved. As a result, revenue from completed construction contracts and construction income increased, resulting in net sales of ¥2.751 billion and gross profit on completed construction contracts of ¥442 million.」

「Against this backdrop, the Group worked to improve its technical capabilities and reduce construction costs in its core water supply and sewerage construction operations. In the construction business, orders and construction work for water supply and sewerage projects in Tokyo resulted in order intake of ¥2.391 billion, net sales of ¥2.010 billion and gross profit on completed construction contracts of ¥198 million.」

「In the construction business, active efforts to secure orders for water supply and sewerage works in Tokyo resulted in order intake of ¥2.340 billion, net sales of ¥1.182 billion and gross profit on completed construction contracts of ¥92 million.」

「Under these circumstances, the Group has continued to improve its technical capabilities and establish robust safety practices in its core water-supply and sewerage construction operations in order to differentiate itself from competitors.」

「Under these circumstances, we pursued improvements in technical capabilities and thorough safety measures in our core water-supply and sewerage construction operations in order to differentiate ourselves from competitors. In the construction business, active efforts to win orders for projects in the Tokyo area resulted in orders received of ¥3.694 billion, up 73.9% year on year. Revenue was ¥2.249 billion, up 29.6%, and gross profit on completed construction contracts was ¥207 million, up 59.6%.」