Komori
PS Construction (1871) · InitiativeAdvanced

Use of retained earnings for new construction methods and technologies, plant reconstruction, and information-related investments

First written in FY2016. 21 of 23 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.

23entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q2 – FY2018-Q2AdvancedFY2019-Q2 – FY20262016: 220162017: 220172018: 220182019: 220192020: 220202021: 220212022: 220222023: 220232024: 220242025: 220252026: 32026
Same theme, other companies
Investment in Products, Technology, and Production Capacity Using Retained EarningsA theme 89 companies write about · 0 as a headwind · 89 as a tailwind

The whole theme swung hardest in 2025: 5 of 49 companies on the "Worse" side.

20 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 89 companies compared. The sentences above are computed from all 89.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Investment progress was 22.8% against the overall 3-year plan. Although some delays were seen in DX investment classified as growth investment, overall progress remains in line with the plan.」

    Against the ¥16.0 billion 3-year investment plan under Medium-Term Management Plan 2025, investment in fiscal 2025 totaled ¥3.65 billion, representing a progress rate of 22.8%. The company also explicitly identified some delays in DX investment.
  2. FY2026-H1AdvancedAnnual report

    「Cash used in investing activities was ¥400 million, compared with ¥400 million used in the previous period. This was mainly attributable to the acquisition of property, plant and equipment through the renewal of plant facilities and machinery.」

    Continued to renew plant facilities and machinery, using ¥400 million in investing activities during the interim period.
  3. FY2025AdvancedAnnual report

    「Capital expenditures for the consolidated fiscal year totaled ¥1,331 million, mainly comprising the renewal of plant and equipment centers.」

    Made ¥1,331 million in capital expenditures in the fiscal year ending March 2025, primarily for the renewal of plant and equipment centers.
  4. FY2025-H1AdvancedAnnual report

    「Cash used in investing activities was ¥472 million, compared with ¥1,650 million used in the previous period. This was mainly attributable to the acquisition of property, plant and equipment through the renewal of plant facilities and the acquisition of intangible assets through the replacement of the accounting system.」

    In addition to renewing plant facilities, the company replaced its accounting system and recorded ¥472 million in cash used in investing activities for the interim period.
  5. FY2024AdvancedAnnual report

    「Capital expenditures for the consolidated fiscal year totaled ¥1,782 million, mainly comprising ¥620 million for real estate used in ancillary businesses, ¥344 million for the renewal of construction machinery, ¥314 million for the renewal of plant and equipment centers, and ¥175 million in capital expenditures associated with the relocation of the head office, Tokyo Civil Engineering Branch, and Tokyo Building Construction Branch.」

    Invested a total of ¥1,782 million in real estate, construction machinery, plant and equipment centers, and relocations of operating bases. As evidence of executing its investment policy, the company also carried out ZEB conversion renovations at the technical research institute.
  6. FY2024-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥1,650 million, up 32.4% year on year. This was mainly attributable to ZEB conversion renovations at the technical research institute and the acquisition of property, plant and equipment associated with the company’s relocation.」

    Carried out ZEB conversion renovations at the technical research institute and acquired property, plant and equipment associated with the company’s relocation. Cash used in investing activities during the cumulative second quarter was ¥1,650 million.
  7. FY2023AdvancedAnnual report

    「Capital expenditures for the consolidated fiscal year totaled ¥2,399 million, mainly comprising ¥519 million for the renewal of construction vehicles classified as leased assets, ¥250 million for the renewal of construction machinery, ¥237 million for the construction of employee dormitories, and ¥223 million for the renewal of plant and equipment centers.」

    Invested a total of ¥2,399 million in construction vehicles and machinery, employee dormitories, plant and equipment centers, and other assets, implementing facility renewals and strengthening its personnel foundation.
  8. FY2023-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥1,246 million, up 179.0% year on year. This was mainly attributable to the construction of buildings for lease and the renewal of plant facilities, machinery and equipment.」

    In line with its investment policy concerning revenue diversification and facility renewals, the company constructed buildings for lease and renewed plant facilities, machinery and equipment, using ¥1,246 million in investing activities during the cumulative second quarter.
  9. FY2022AdvancedAnnual report

    「Capital expenditures for the consolidated fiscal year totaled ¥1,609 million, mainly comprising ¥391 million in leased assets, ¥325 million for the renewal of plant and equipment centers, ¥252 million for buildings for lease, and ¥248 million for construction machinery acquired by subsidiaries ピーエスケー and 菱建基礎.」

    Made a total of ¥1,609 million in capital expenditures on plant and equipment centers, buildings for lease, construction machinery and other assets.
  10. FY2022-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥446 million, up 14.5% year on year. This was mainly attributable to the renewal of plant facilities, machinery and equipment.」

    Used ¥446 million in investing activities during the cumulative second quarter, primarily for the renewal of plant facilities, machinery and equipment. The company reported execution of facility renewals in line with its internal investment policy.
  11. FY2021AdvancedAnnual report

    「Capital expenditures for the consolidated fiscal year totaled ¥1,227 million, mainly comprising ¥410 million for the renewal of plant and equipment centers, ¥164 million for construction machinery acquired by subsidiaries 株式会社ピーエスケー and 菱建基礎株式会社, and ¥89 million for testing and research equipment at the company’s technical research institute.」

    Invested a total of ¥1,227 million in plant and equipment centers, construction machinery, and testing and research equipment at the technical research institute, implementing its internal investment policy.
  12. FY2021-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥390 million, down 70.9% year on year. This was mainly attributable to the renewal of research and plant facilities.」

    Continued to renew research and plant facilities, with ¥390 million in cash used in investing activities during the cumulative second quarter.
  13. FY2020AdvancedAnnual report

    「Capital expenditures for the consolidated fiscal year totaled ¥1,169 million, mainly comprising ¥183 million for rental assets constructed in-house by the company, ¥406 million for the renewal of plant and equipment centers, and ¥277 million for construction machinery acquired by subsidiaries 株式会社ピーエスケー and 菱建基礎株式会社.」

    In connection with its investment policy using retained earnings and other funds, the company made capital expenditures on rental assets, plant and equipment centers, and construction machinery.
  14. FY2020-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥1,342 million, up 151.4% year on year. This was mainly attributable to payments for the construction of completed buildings for lease and the renewal of equipment and plant facilities.」

    In connection with its investment policy of diversifying revenue sources and renewing plant facilities, the company paid construction costs for completed buildings for lease and renewed equipment and plant facilities.
  15. FY2019AdvancedAnnual report

    「Capital expenditures for the consolidated fiscal year totaled ¥2,375 million, mainly comprising ¥1,802 million for buildings and structures for lease constructed in-house by the company.」

    In addition to its investment policy covering plant facility renewals, the company made ¥2,375 million in capital expenditures, including the in-house construction of buildings and structures for lease.
  16. FY2019-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥534 million, up 86.1% year on year. This was mainly attributable to the construction of buildings for lease and the renewal of plant facilities.」

    In connection with its internal investment policy, the company constructed buildings for lease and renewed plant facilities during the cumulative second quarter. Cash used in investing activities was ¥534 million.
  17. FY2018RestatedAnnual report

    「Going forward, the company plans to proceed with ICT-related investments, investments in plant facilities in preparation for orders for large-scale renewal projects, capital expenditures for mechanized construction, and updates to welfare facilities in anticipation of securing personnel.」

    Continues to specify ICT, plant facilities for large-scale renewal projects, mechanized construction, and facilities related to securing personnel as destinations for internal funds and other investments.
  18. FY2018-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥287 million, down 35.8% year on year. This was mainly attributable to the acquisition of property, plant and equipment through the renewal of plant facilities.」

    Continued to acquire property, plant and equipment through the renewal of plant facilities, using ¥287 million in investing activities in the cumulative second quarter.
  19. FY2017AdvancedAnnual report

    「Cash used in investing activities was ¥811 million, up 21.8% year on year. This was mainly attributable to the acquisition of erection equipment and machinery and equipment used at plants.」

    Reported the acquisition of erection equipment and machinery and equipment for plant facilities in connection with its internal investment policy covering new construction methods and technologies and plant reconstruction.
  20. FY2017-Q2AdvancedAnnual report

    「Cash used in investing activities was ¥447 million, up 103.4% year on year. This was mainly attributable to the acquisition of property, plant and equipment through the renewal of plant facilities.」

    With regard to the reconstruction of plants and capital expenditures identified in its internal investment policy, the company reported execution in the form of acquiring property, plant and equipment through the renewal of plant facilities.
  21. FY2016First statedAnnual report

    「The company plans to use retained earnings to maximize corporate value by developing new construction methods and technologies applying PC (prestressed concrete) technology, rebuilding plants, and making information-related investments.」

    States a policy of allocating retained earnings to technology development, production facilities and information-related investments to strengthen its management foundation and competitiveness.
Moved together

"Average payout ratio of at least 23% during the medium-term management plan period" moved the same way as this thread, in the same document, in 11 of its 23 moves.

1197666★123456
  1. ★This thread
  2. 1Average payout ratio of at least 23% during the medium-term management plan period11×
  3. 2Improving employee benefits and securing and developing personnel to support business strategy9×
  4. 3Improvements in Operating Profit, Ordinary Profit and Net Profit and Increase in Equity Ratio7×
  5. 4Focus on Large-Scale Upgrades, Maintenance and PC Construction6×
  6. 5Improving PC and Conventional Technologies and Conducting Joint Research with Industry, Academia and Government6×
  7. 6Introduction of a Share Compensation Plan Linked to Medium- and Long-Term Performance6×

★ 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 PS Construction yet. It last moved in the Financial results briefing materials of 2026-06-02: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Use of retained earnings for new construction methods and technologies, plant reconstruction, and information-related investments | PS Construction Co.,Ltd. (1871) | Komori