Rebuilding the business revenue model in light of high construction costs and the shift from new construction to maintenance and repair
First written in FY2023-Q1. 5 of 7 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「In the building construction business, concerns had arisen over surging prices for materials, equipment, fuel, and building-services work, but the Company was able to substantially improve profitability through rigorous selective order-taking and cost reductions on ongoing projects.」
In the building construction business, the Company states that it secured profitability by continuing selective order-taking and cost reductions on ongoing projects in response to surging prices for materials, equipment, and fuel. - 2026-05-14RestatedEarnings
「建築事業においても、資材価格等が高止まりする状況下において、選別受注及び原価管理の徹底により、安定的な事業運営に取り組みました。」
建設コスト高への対応として、選別受注と原価管理を継続している。 - FY2025AdvancedAnnual report
「In the building construction business, concerns had arisen over surging prices for materials, equipment, fuel, and building-services work, but the Company was able to substantially improve profitability through rigorous selective order-taking and cost reductions on ongoing projects.」
As a response in the business earnings model to higher construction costs, the Company implemented selective order-taking and cost reductions on ongoing projects, substantially improving profitability in the building construction business. - FY2024RestatedAnnual report
「The Group is implementing the Medium-Term Management Plan 2022 (fiscal 2022–fiscal 2024) to realize its long-term vision with 2030 as the target year, but risks to profitability, including persistently high material and fuel prices, remain. The Group will focus on thorough cost management and establishing an efficient construction system.」
In response to higher construction costs and business profitability, the Company continues to emphasize thorough cost management and the establishment of an efficient construction system. - FY2024-Q2RestatedAnnual report
「Measures are required to secure profitability, including prioritizing order-taking based on profitability and implementing appropriate cost management.」
As a response to the earnings model amid higher construction costs and changes in business content, the Company continues to emphasize order-taking with profitability as the highest priority and appropriate cost management. - FY2023-Q3RestatedAnnual report
「Accurate selective order-taking focused on securing profitability is required.」
In connection with rebuilding the business earnings model, the Company cites highly selective order-taking as a specific measure to secure profitability. - FY2023-Q1First statedAnnual report
「In addition, construction work has undergone a rapid qualitative shift from new construction to maintenance and repair, making the rebuilding of the business earnings model, taking higher construction costs into account, the greatest challenge.」
The Company has stated for the first time that rebuilding the business earnings model is its greatest challenge, given the rapid shift in business content from new construction to maintenance and repair and higher construction costs.