Outlook for revenue recognition of remaining performance obligations within 3 years
First written in FY2022. . Latest entry: FY2026.
27 other companies' latest entry also says "Other".
- FY2026Remaining performance obligations remained at a high level, with a change in the recognition periodAnnual report
「The total transaction price allocated to remaining performance obligations was ¥198,454 million for domestic civil engineering, ¥110,105 million for domestic construction, ¥200,579 million for overseas operations and ¥6,298 million for Other, for a total of ¥515,438 million.」
Remaining performance obligations increased from ¥514,847 million in the previous fiscal year to ¥515,438 million. Revenue is expected to be recognized within approximately 2 years for domestic civil engineering, domestic construction, overseas operations and Other, shortening the overseas period from within 3 years. - FY2025Increase in remaining performance obligationsAnnual report
「The total transaction price allocated to remaining performance obligations was ¥192,605 million for domestic civil engineering, ¥101,070 million for domestic construction, ¥219,135 million for overseas operations and ¥2,035 million for Other, for a total of ¥514,847 million.」
Total remaining performance obligations increased from ¥480,466 million in the previous fiscal year to ¥514,847 million. Revenue is expected to be recognized within 2 years for domestic civil engineering, within 2 years for domestic construction, within 3 years for overseas operations and within 2 years for Other. - FY2023Significant increase in remaining performance obligationsAnnual report
「The total transaction price allocated to remaining performance obligations was ¥172,362 million for domestic civil engineering, ¥84,014 million for domestic construction, ¥137,314 million for overseas operations and ¥7,852 million for Other, for a total of ¥401,544 million.」
The total remaining performance obligations increased from ¥300,834 million to ¥401,544 million, and the expected revenue recognition period for domestic construction, overseas operations and Other was stated as within 2 years. - FY2022First statedAnnual report
「The total transaction price allocated to remaining performance obligations was ¥125,033 million for domestic civil engineering, ¥60,178 million for domestic construction, ¥114,960 million for overseas operations and ¥662 million for Other, for a total of ¥300,834 million. The unfulfilled performance obligations in each reporting segment are expected to be satisfied and recognized as revenue within 3 years of the end of the fiscal year for domestic civil engineering and overseas operations, and within 1 year for domestic construction and Other.」
For the first time in the full-year disclosure, the Company disclosed the ¥300,834 million transaction price allocated to remaining performance obligations under the revenue recognition accounting standard, along with the expected revenue recognition period by segment.