Improving Profit Levels by Prioritizing Profitability
First written in FY2016. 24 of 37 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-07.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings
「Gross profit increased 20.4% year on year to ¥19.5 billion, mainly due to an increase in gross profit from the construction business.」
Higher gross profit in the construction business resulted in company-wide gross profit and operating income exceeding the year-earlier levels. - FY2026AdvancedAnnual report
「This was due to steady progress on projects in hand through initiatives to improve productivity and other measures.」
In the architectural construction business, progress on projects in hand and initiatives to improve productivity increased segment profit 62.8% from ¥16.5 billion to ¥26.9 billion, while the profit margin rose from 4.6% to 7.4%. - 2026-05-15AdvancedEarnings
「Operating income increased 43.5% year on year to ¥38.2 billion. This reflected a 21.6% increase in gross profit to ¥92.2 billion, mainly due to improved construction profitability in the company's construction business and higher gross profit from sales of real estate for sale at overseas group companies, despite a 9.7% increase in selling, general and administrative expenses to ¥54.0 billion due to higher personnel expenses and research and development expenses, including for floating offshore wind power.」
Improved construction profitability led to an increase in company-wide operating income. - FY2026-H1AdvancedAnnual report
「In operating results, gross profit increased 35.1% year on year to ¥38.7 billion, mainly because project profitability improved in our architectural construction business and gross profit from real estate held for sale increased in our domestic investment and development business.」
Gross profit increased 35.1% year on year due to improved project profitability in the architectural construction business and higher gross profit in the domestic investment and development business. - FY2025AdvancedAnnual report
「Progress on projects in hand for which appropriate profit margins had been secured when orders were received resulted in improvements from the previous consolidated fiscal year in both cases.」
In the architectural construction business, progress on projects in hand that had been ordered with an emphasis on profitability improved segment profit from ¥6.5 billion to ¥16.8 billion. - FY2025-H1AdvancedAnnual report
「In operating results, gross profit increased 24.3% year on year to ¥29.3 billion as project profitability improved in our architectural construction and civil engineering businesses.」
Improved project profitability in the architectural construction and civil engineering businesses resulted in gross profit of ¥29.3 billion and operating profit of ¥5.9 billion. Operating profit increased 87.7% year on year. - FY2024AdvancedAnnual report
「Although provisions for losses on multiple construction projects were recorded in the previous consolidated fiscal year, segment profit improved from the previous consolidated fiscal year as project profitability improved in the current consolidated fiscal year, among other factors.」
Improved profitability in the architectural construction business resulted in an improvement from a segment loss of ¥1.4 billion to segment profit of ¥6.5 billion. - FY2024-Q3AdvancedAnnual report
「In operating results, gross profit increased 18.7% year on year to ¥41.2 billion, mainly due to a rebound following the recording of provisions for losses on multiple construction projects in the architectural construction business in the previous consolidated fiscal year.」
The architectural construction business moved from a segment loss of ¥3.0 billion in the previous year to segment profit of ¥2.4 billion, while company-wide operating profit increased 70.8% year on year to ¥7.7 billion. The main factor cited was the rebound following provisions for losses on construction projects recorded in the previous fiscal year. - FY2024-Q2AdvancedAnnual report
「In operating results, gross profit increased 24.1% year on year to ¥24.6 billion, mainly due to a rebound following the recording of provisions for losses on multiple construction projects in the architectural construction business in the previous consolidated fiscal year. SG&A expenses also increased 10.6% year on year to ¥21.4 billion, but operating profit increased 580.6% year on year to ¥3.1 billion.」
The architectural construction business reduced its segment loss from ¥4.4 billion in the previous year to ¥500 million, while company-wide operating profit increased 580.6% year on year to ¥3.1 billion. However, the architectural construction business remained in operating loss. - FY2024-Q1Continued decline in company-wide operating profitAnnual report
「SG&A expenses increased 4.9% year on year to ¥10.1 billion, resulting in operating profit of ¥2.1 billion, down 37.7% year on year.」
Operating profit declined 37.7% year on year due to lower gross profit and higher SG&A expenses. The architectural construction business generated segment profit of ¥200 million and the civil engineering business ¥1.3 billion, with both below the previous year. - FY2023Architectural construction losses and a decline in company-wide operating profitAnnual report
「Operating profit declined 42.0% from the previous consolidated fiscal year to ¥14.1 billion.」
Provisions for losses on construction projects due to higher prices for materials such as structural steel resulted in a ¥2.0 billion segment loss in the architectural construction business, while company-wide operating profit also declined 42.0% from the previous year. - FY2023-Q3Architectural construction losses and a decline in company-wide operating profitAnnual report
「In operating results, gross profit in the overseas investment and development business increased from the previous interim period. However, in the architectural construction business, rising prices for materials such as structural steel due to changes in market conditions led to provisions for losses on multiple construction projects. As a result, gross profit declined 20.2% year on year to ¥34.7 billion. SG&A expenses increased 12.0% year on year to ¥30.2 billion, resulting in operating profit of ¥4.5 billion, down 72.6% year on year.」
Provisions for losses on construction projects continued to be recorded due to higher materials costs, resulting in a segment loss of ¥3.5 billion in the architectural construction business. Company-wide gross profit and operating profit also fell below the previous year, producing a challenging result for the focus on profitability and improving profit levels. - FY2023-Q2Architectural construction losses and a sharp decline in operating profit due to soaring materials costsAnnual report
「In operating results, gross profit increased in our civil engineering business as project profitability improved. However, in the architectural construction business, rising prices for materials such as structural steel due to changes in market conditions led to provisions for losses on multiple construction projects. As a result, gross profit declined 22.7% year on year to ¥19.8 billion. SG&A expenses increased 13.5% year on year to ¥19.3 billion, resulting in operating profit of ¥400 million, down 94.6% year on year.」
Although project profitability improved in the civil engineering business, provisions for losses on multiple construction projects were recorded in the architectural construction business due to higher prices for materials such as structural steel, resulting in a significant decline in gross profit and operating profit. - FY2023-Q1Changes in profit levels by businessAnnual report
「In operating results, gross profit rose mainly in our civil engineering and domestic investment and development businesses, bringing gross profit to ¥13.1 billion, up 13.1% year on year. SG&A expenses also increased 21.9% year on year to ¥9.6 billion, resulting in operating profit of ¥3.4 billion, down 6.2% year on year.」
Gross profit increased 13.1% year on year, while operating profit declined 6.2% due to higher SG&A expenses. By business segment, architectural construction generated segment profit of ¥200 million, down 86.4%, while civil engineering generated ¥2.8 billion, up 51.3%. - FY2022Decline in margins due to surging material prices, among other factorsAnnual report
「In addition to the main phase of progress on large-scale projects having been completed, surging material prices and other factors contributed to declines in both net sales and segment profit.」
While continuing its profitability-focused and productivity-improvement measures, the company saw the building business segment profit margin decline from 2.8% to 2.6% due to surging material prices and other factors. - FY2022-Q3AdvancedAnnual report
「Regarding operating results, an increase in highly profitable projects, mainly in the company's civil engineering business, resulted in gross profit of ¥43.5 billion, up 7.9% year on year. Selling, general and administrative expenses increased 3.8% year on year to ¥26.9 billion, but operating profit came to ¥16.6 billion, up 15.2% year on year.」
Against a backdrop of an increase in highly profitable projects in the civil engineering business, gross profit increased 7.9% year on year and operating profit increased 15.2% year on year. - FY2022-Q2AdvancedAnnual report
「Regarding operating results, increases in highly profitable projects, mainly in the company's civil engineering business, and higher real estate business revenue in the investment development business, among other factors, resulted in gross profit of ¥25.6 billion, up 10.6% year on year. Selling, general and administrative expenses declined 0.2% year on year to ¥17.0 billion, resulting in operating profit of ¥8.5 billion, up 40.8% year on year.」
Against a backdrop of increases in highly profitable projects and real estate business revenue, gross profit came to ¥25.6 billion and operating profit to ¥8.5 billion, up 10.6% and 40.8%, respectively, year on year. - FY2021Decline in margins as progress on highly profitable large-scale projects leveled offAnnual report
「Net sales and segment profit both declined, affected by the completion of the main phase of progress on highly profitable large-scale projects, among other factors.」
In the building business, the completion of the main phase of progress on highly profitable large-scale projects resulted in net sales declining 9.5% and segment profit declining 54.1%, while the profit margin fell from 5.5% to 2.8%. - FY2021-Q3Continued decline in profit levels due to fewer highly profitable projectsAnnual report
「Regarding operating results, a decline in highly profitable projects, mainly in the company's building business, resulted in gross profit of ¥40.4 billion, down 16.4% year on year. Selling, general and administrative expenses increased 4.6% year on year to ¥25.9 billion, resulting in operating profit of ¥14.4 billion, down 38.7% year on year.」
The decline in highly profitable projects resulted in gross profit of ¥40.4 billion and operating profit of ¥14.4 billion, down 16.4% and 38.7%, respectively, year on year. The disclosure reports a decline in profit levels continuing from the first and second quarters. - FY2021-Q2Continued decline in profit levels due to fewer highly profitable projectsAnnual report
「Regarding operating results, a decline in highly profitable projects, mainly in the company's building business, resulted in gross profit of ¥23.1 billion, down 26.3% year on year. Selling, general and administrative expenses increased 7.3% year on year to ¥17.0 billion, resulting in operating profit of ¥6.1 billion, down 60.7% year on year.」
The decline in highly profitable projects resulted in gross profit of ¥23.1 billion and operating profit of ¥6.1 billion, down 26.3% and 60.7%, respectively, year on year. The company reported a decline in profit levels, continuing from the first quarter. - FY2021-Q1Decline in profit levels due to fewer highly profitable projectsAnnual report
「Regarding operating results, a decline in highly profitable projects, mainly in the company's building business, resulted in gross profit of ¥9.8 billion, down 37.4% year on year. Selling, general and administrative expenses increased 10.1% year on year to ¥8.1 billion, resulting in operating profit of ¥1.7 billion, down 79.2% year on year.」
Gross profit and operating profit fell below the previous year due to a decline in highly profitable projects, among other factors. The disclosure reports a decline in profit levels in the first quarter while the company is pursuing higher profit levels through a focus on profitability. - FY2020AdvancedAnnual report
「Operating profit came to ¥35.2 billion, up 2.1% from the previous fiscal year.」
Against a backdrop of higher gross profit in the investment development business and other businesses, operating profit increased 2.1% year on year to ¥35.2 billion. However, the domestic building segment's profit margin declined from 7.1% to 6.0%, indicating differences across businesses. - FY2020-Q3AdvancedAnnual report
「Progress on highly profitable large-scale projects, mainly in the domestic building business, resulted in gross profit of ¥48.3 billion, up 19.8% year on year. Selling, general and administrative expenses increased 7.3% year on year to ¥24.8 billion, but operating profit came to ¥23.5 billion, up 36.6% year on year.」
During the cumulative third quarter, progress on highly profitable large-scale projects in the domestic building business resulted in gross profit of ¥48.3 billion and operating profit of ¥23.5 billion, up 19.8% and 36.6%, respectively, year on year. - FY2020-Q2AdvancedAnnual report
「Progress on highly profitable large-scale projects, mainly in the domestic building business, resulted in gross profit of ¥31.4 billion, up 24.8% year on year. Selling, general and administrative expenses increased 6.8% year on year to ¥15.9 billion, but operating profit came to ¥15.5 billion, up 50.8% year on year.」
Against a backdrop of progress on highly profitable large-scale projects, gross profit came to ¥31.4 billion and operating profit to ¥15.5 billion, up 24.8% and 50.8%, respectively, year on year. - FY2020-Q1AdvancedAnnual report
「Regarding operating results, progress on highly profitable large-scale projects, mainly in the domestic building business, resulted in gross profit of ¥15.8 billion, up 50.2% year on year. Selling, general and administrative expenses increased 5.9% year on year to ¥7.3 billion, but operating profit came to ¥8.4 billion, up 137.6% year on year.」
Against a backdrop of progress on highly profitable large-scale projects, gross profit came to ¥15.8 billion and operating profit to ¥8.4 billion, up 50.2% and 137.6%, respectively, year on year. - FY2019AdvancedAnnual report
「Operating profit came to ¥34.5 billion, up 13.3% from the previous fiscal year.」
Against a backdrop that included productivity-improvement initiatives, gross profit came to ¥67.1 billion and operating profit to ¥34.5 billion, up 11.2% and 13.3%, respectively, from the previous year. The company reported an improvement in full-year results following the decline in profit levels through the previous quarter. - FY2019-Q3Continued decline in profit levels year on yearAnnual report
「Gross profit from domestic construction was roughly in line with the previous year, but the occurrence of unprofitable projects in overseas construction resulted in gross profit of ¥40.3 billion, down 1.5% year on year. Selling, general and administrative expenses increased 12.0% year on year to ¥23.1 billion, resulting in operating profit of ¥17.2 billion, down 15.3% year on year.」
The occurrence of unprofitable overseas construction projects resulted in gross profit declining 1.5% year on year and operating profit declining 15.3% year on year. Profit levels also declined on a cumulative quarterly basis while the company continued to pursue profitability-focused and productivity-improvement initiatives. - FY2019-Q2Decline in profit levels year on yearAnnual report
「Regarding operating results, gross profit came to ¥25.2 billion, down 2.8% year on year. This was mainly because the company had secured an especially large number of highly profitable additional construction projects in the cumulative second quarter of the previous fiscal year. Performance for the cumulative second quarter under review progressed generally in line with the plan.」
Gross profit declined 2.8% year on year and operating profit declined 16.2% year on year. The company explained that the main reason was the particularly large number of highly profitable additional construction projects in the previous year, and that performance for the quarter was generally in line with the plan. - FY2018AdvancedAnnual report
「Improved margins in the construction business, driven by ongoing initiatives to improve productivity, resulted in gross profit of ¥60.3 billion, up 14.0% from the previous fiscal year.」
Ongoing productivity-improvement initiatives resulted in gross profit of ¥60.3 billion and operating profit of ¥30.4 billion, indicating an improvement in profit levels. - FY2018-Q3AdvancedAnnual report
「Regarding operating results, although consolidated net sales declined as described above, thorough implementation of an order-taking policy that prioritizes profitability and initiatives to improve productivity resulted in gross profit of ¥40.9 billion, up 5.4% year on year. Selling, general and administrative expenses increased 6.1% year on year to ¥20.6 billion, but operating profit came to ¥20.3 billion, up 4.8% year on year.」
The order-taking policy that prioritizes profitability and initiatives to improve productivity resulted in gross profit increasing 5.4% year on year and operating profit increasing 4.8% year on year. - FY2018-Q2AdvancedAnnual report
「Regarding operating results, the outlook for the construction business, the company's principal business, remains uncertain due to the concerns described above. However, as a result of thoroughly implementing an order-taking policy that prioritizes profitability and initiatives to improve productivity, among other measures, gross profit came to ¥25.9 billion, up 3.6% year on year. Selling, general and administrative expenses increased 5.7% year on year to ¥13.6 billion, but operating profit came to ¥12.3 billion, up 1.4% year on year.」
The order-taking policy that prioritizes profitability and initiatives to improve productivity resulted in gross profit increasing 3.6% year on year and operating profit increasing 1.4% year on year. - FY2018-Q1AdvancedAnnual report
「Regarding operating results, the outlook for the construction business, the company's principal business, remains uncertain due to the concerns described above. However, as a result of thoroughly implementing an order-taking policy that prioritizes profitability and initiatives to improve productivity, among other measures, gross profit came to ¥13.2 billion, up 4.4% year on year. Selling, general and administrative expenses increased 6.8% year on year to ¥6.4 billion, but operating profit came to ¥6.8 billion, up 2.3% year on year.」
The order-taking policy that prioritizes profitability and initiatives to improve productivity resulted in gross profit increasing 4.4% year on year and operating profit increasing 2.3% year on year. - FY2017AdvancedAnnual report
「As the gross profit margin on completed construction contracts improved as a result of thoroughly implementing an order-taking policy that prioritizes profitability, among other measures, the gross profit margin rose 2.8 percentage points year on year to 12.5%, and gross profit came to ¥52.9 billion, up 10.7% year on year.」
Continuing its order-taking policy that prioritizes profitability resulted in a gross profit margin of 12.5%, gross profit of ¥52.9 billion, and operating profit of ¥24.9 billion. - FY2017-Q3AdvancedAnnual report
「Regarding operating results, the outlook for the construction business, the company's principal business, remains uncertain. However, as the gross profit margin on completed construction contracts improved as a result of thoroughly implementing an order-taking policy that prioritizes profitability, among other measures, the gross profit margin rose 2.4 percentage points year on year to 12.6% for the cumulative third quarter. Gross profit came to ¥38.8 billion, up 16.5% year on year. Selling, general and administrative expenses increased 11.2% year on year to ¥19.4 billion, resulting in operating profit of ¥19.3 billion, up 22.4% year on year.」
Continuing its order-taking policy that prioritizes profitability raised the gross profit margin by 2.4 percentage points year on year to 12.6%. Gross profit increased 16.5% and operating profit increased 22.4% year on year. The disclosure reports measurable improvement continuing from the previous quarters. - FY2017-Q2AdvancedAnnual report
「Regarding operating results, the outlook for the construction business, the company's principal business, remains uncertain. However, as the gross profit margin on completed construction contracts improved as a result of thoroughly implementing an order-taking policy that prioritizes profitability, among other measures, gross profit came to ¥25.0 billion, up 10.9% year on year. Selling, general and administrative expenses increased 11.3% year on year to ¥12.8 billion, but operating profit came to ¥12.1 billion, up 10.4% year on year.」
Continuing its order-taking policy that prioritizes profitability led to a further improvement in the gross profit margin on completed construction contracts. Gross profit increased 10.9% year on year, while operating profit increased 10.4% year on year. The disclosure reports measurable improvement resulting from the measures, continuing from the previous quarter. - FY2017-Q1AdvancedAnnual report
「Regarding operating results, the outlook for the construction business, the company's principal business, remains uncertain. However, as the gross profit margin on completed construction contracts improved as a result of thoroughly implementing an order-taking policy that prioritizes profitability, among other measures, gross profit came to ¥12.7 billion, up 29.1% year on year.」
Continuing its order-taking policy that prioritizes profitability led to an improvement in the gross profit margin on completed construction contracts. Gross profit increased 29.1% year on year, while operating profit increased 53.5% year on year. The disclosure reports measurable progress from the measures implemented. - FY2016First statedAnnual report
「The gross profit margin on completed construction contracts improved as a result of thoroughly implementing an order-taking policy that prioritizes profitability, among other measures.」
The company described its order-taking policy that prioritizes profitability as a means of improving margins and reported results including a 9.4% gross profit margin on completed construction contracts and a 9.7% gross profit margin.