Komori
Yahagi Construction (1870) · TargetAdvanced

Building a Sustainable Earnings Base

First written in FY2016. 5 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2026.

9entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016AdvancedFY2019 – FY2021RestatedFY2022 – FY2023AdvancedFY2024-Q2 – FY20262016: 120162017: 020172018: 020182019: 120192020: 020202021: 120212022: 120222023: 220232024: 120242025: 020252026: 22026
Same theme, other companies
Stabilizing the Revenue BaseA theme 96 companies write about · 0 as a headwind · 97 as a tailwind

22 other companies' latest entry also says "Advanced".

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.
Showing 14 of the 96 companies compared. The sentences above are computed from all 96.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「As a result, for the consolidated fiscal year, revenue was ¥169,399 million and operating profit was ¥13,742 million. We achieved the numerical targets of the previous medium-term management plan and made solid progress in expanding the scale of our business and strengthening our financial position.」

    The company achieved the numerical targets of the previous medium-term management plan, reporting revenue of ¥169,399 million and operating profit of ¥13,742 million, while expanding its business scale and strengthening its financial position.
  2. 2026-05-12AdvancedEarnings presentation

    「M&Aによる成長領域の強化と事業譲渡による選択と集中を通じ、中長期的な収益基盤を強化」

    収益基盤の構築について、従来の開発案件への投資・売却に加え、M&Aによる成長領域の強化と事業譲渡による選択と集中を具体的な手段として示している。
  3. FY2024AdvancedAnnual report

    「Revenue from the real estate business was ¥23,594 million, up 40.1% year on year, due to the sale of a large-scale industrial site developed by the Company.」

    The company demonstrated monetization through the sale of a large-scale industrial site developed through investment in development projects, recording revenue of ¥23,594 million.
  4. FY2024-Q2AdvancedAnnual report

    「Based on the revenue recognition standard, we expect to record approximately ¥60 billion in revenue over the three fiscal years from the fiscal year ending March 2024 through the fiscal year ending March 2026, comprising revenue from completed construction contracts and revenue from the real estate business and other operations.」

    The company indicated that it had entered into a sale agreement for real estate held for sale and a construction contract for a multi-tenant logistics warehouse, and expects to record approximately ¥60 billion in revenue over the three fiscal years from the fiscal year ending March 2024 through the fiscal year ending March 2026.
  5. FY2023RestatedAnnual report

    「During the current period, we continued to invest in development projects and other initiatives. These investments were funded by cash generated from operating activities during the period and borrowings through financing activities.」

    The company disclosed continued investment in development projects to establish its earnings base, funded by operating cash flow and borrowings.
  6. FY2022RestatedAnnual report

    「During the current period, we continued to invest in development projects and other initiatives. These investments were funded by cash generated from operating activities during the period and borrowings through financing activities.」

    The company reaffirmed its fiscal 2021–2025 growth investment plan and continued investment in development projects.
  7. FY2021RaisedAnnual report

    「During the current period, we continued to invest in development projects and other initiatives. These investments were funded by cash generated from operating activities during the period and borrowings through financing activities.」

    Growth investment aimed at establishing a sustainable earnings base was developed into a specific investment plan for fiscal 2021–2025.
  8. FY2019AdvancedAnnual report

    「To achieve the numerical targets for the final year, during the period of this medium-term management plan we will expand real estate investment, including the acquisition of development land and rental properties, in order to establish a stable earnings base. We will also actively invest in research and development with a view to the future and in human resources to improve employee job satisfaction, with the aim of becoming a company that continues to grow together with local communities.」

    The company identified real estate investment, research and development investment, and human capital investment as specific measures to build a stable earnings base. It also explained that operating profit and ROE exceeded the medium-term plan targets for the fiscal year ended March 2019.
  9. FY2016First statedAnnual report

    「We will seek to build a sustainable earnings base by strengthening medium- to long-term initiatives, including technology development and real estate development, with a view to the future business environment.」

    The company has identified the creation of a medium- to long-term earnings base in anticipation of future conditions as a goal.
Moved together

"Liquidity risk associated with funding" moved the same way as this thread, in the same document, in 4 of its 9 moves.

443332★123456
  1. ★This thread
  2. 1Liquidity risk associated with funding4×
  3. 2Emphasis on stable dividends and shareholder returns4×
  4. 3Reviewing the rationale for cross-shareholdings and the policy of reducing them3×
  5. 4Expanding General Building Technology and Strengthening Capabilities for Large-Scale Projects3×
  6. 5Improving efficiency and reducing labor requirements amid shortages of engineers and skilled workers3×
  7. 6Expanding business areas and strengthening market competitiveness through R&D2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Yahagi Construction yet. It last moved in the Earnings presentation of 2026-05-12: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.