Komori
Wakachiku Construction (1888) · FactAdvanced

Revenue Growth and Higher Operating Profit in the Construction Business

First written in FY2017-Q3. 17 of 34 entries say "Advanced", first in FY2017. Latest entry: 2026-08-06.

34entries
10years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q3 – FY2020-Q3OtherFY2023-Q1 – FY20252017: 420172018: 420182019: 320192020: 320202021: 420212022: 420222023: 420232024: 220242025: 220252026: 42026
Same theme, other companies
Earnings Growth Driven by Increased Construction Orders and Improved Project ProfitabilityA theme 14 companies write about · 0 as a headwind · 14 as a tailwind

The whole theme swung hardest in 2023: 3 of 13 companies on the "Worse" side.

6 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.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-06AdvancedEarnings

    「Revenue from the construction business was ¥27.0 billion, up 34.6% year on year. Operating profit was ¥2.3 billion, up 280.4%, as higher revenue increased gross profit on completed construction contracts and productivity improved.」

    For the construction business, higher revenue and improved productivity translated into a specific increase in operating profit.
  2. FY2026AdvancedAnnual report

    「Revenue from the construction business increased by ¥17.9 billion, or 21.2% year on year, to ¥102.8 billion, as progress on large-scale projects remained at a high level. Operating profit rose 18.3% to ¥8.4 billion, owing to higher gross profit on completed construction contracts associated with increased revenue and improved productivity in the construction sector.」

    The Construction Business generated revenue of ¥102.8 billion and operating profit of ¥8.4 billion, with revenue and operating profit increasing on progress at large-scale projects and improved productivity in the building sector.
  3. FY2026-H1AdvancedAnnual report

    「As a result of the Group's continued efforts under these conditions, revenue rose 29.0% year on year to ¥44.6 billion, reflecting higher progress rates on multiple large-scale projects. Operating profit increased 84.9% year on year to ¥2.4 billion, due to higher gross profit on completed construction contracts accompanying the increase in revenue and improved productivity in the building sector.」

    The Construction Business posted 29.0% revenue growth and 84.9% operating profit growth, driven by higher progress rates on multiple large-scale projects and improved productivity in the building sector.
  4. FY2025Shift to lower revenue and lower operating profit.Annual report

    「Orders received remained solid, and construction progress was strong in the second half, but the delay in progress during the first half was not fully recovered. As a result, revenue from the Construction Business fell by ¥8.8 billion, or 9.5% year on year, to ¥84.8 billion. Although the revenue margin remained in line with the plan, operating profit fell 20.2% year on year to ¥7.1 billion, as gross profit on completed construction contracts declined with revenue and selling, general and administrative expenses increased due to expanded DX and personnel investments.」

    Despite orders for large-scale projects and strong progress in the second half, the Construction Business was unable to recover the delay in the first half, resulting in lower revenue and operating profit.
  5. FY2025-H1Shift to lower revenue and lower operating profit.Annual report

    「Orders received totaled ¥47.7 billion, up 22.5% year on year, as the Group secured multiple large-scale civil engineering and building projects. Revenue, however, fell 24.5% year on year to ¥34.5 billion, as progress rates remained low on several large-scale projects and few projects expected to progress during the first half were secured. Operating profit fell 63.3% year on year to ¥1.3 billion, reflecting lower gross profit on completed construction contracts due to the decline in revenue, as well as higher expenses associated with DX and personnel investments.」

    Orders received in the Construction Business increased on the acquisition of large-scale projects, while revenue and operating profit fell below the previous year due to lower progress rates and other factors.
  6. FY2024-Q3Shift to higher revenue and a slight increase in operating profit.Annual report

    「Against this backdrop, the Group continued its efforts. As construction progress increased compared with the previous fiscal year, revenue from the Construction Business rose 16.8% year on year to ¥70.8 billion. Operating profit increased 0.2% year on year to ¥6.3 billion, mainly due to higher expenses associated with DX and personnel investments.」

    The Construction Business generated 16.8% revenue growth as construction progress increased, while operating profit rose 0.2% year on year despite higher expenses associated with DX and personnel investments.
  7. FY2024-Q2Higher revenue and continued lower operating profit, with the decline widening.Annual report

    「The group continued its efforts under these conditions. Construction business revenue increased 13.7% year on year to ¥45.8 billion as progress on construction projects increased from the previous fiscal year. However, operating profit was ¥3.6 billion, down 12.9%, mainly due to higher expenses associated with DX and human capital investment.」

    Construction business revenue increased 13.7% due to greater progress on construction projects, while operating profit declined 12.9% due to higher expenses associated with DX and human capital investment. The decline in operating profit from the previous quarter also continued.
  8. FY2024-Q1Shift to higher revenue and lower operating profit.Annual report

    「Construction business revenue increased 18.0% year on year to ¥22.3 billion as progress on construction projects increased from the previous fiscal year. However, operating profit was ¥1.3 billion, down 6.8%, mainly due to higher expenses associated with DX and human capital investment.」

    Construction business revenue increased due to greater progress on construction projects, while operating profit fell below the year-earlier level due to higher expenses associated with DX and human capital investment.
  9. FY2023Shift to lower revenue and lower operating profit.Annual report

    「Construction business revenue was ¥82.6 billion, down ¥5.2 billion from the previous consolidated fiscal year and down 6.0% year on year. Operating profit was ¥8.0 billion, down 6.5%.」

    Full-year construction business revenue was ¥82.6 billion and operating profit was ¥8.0 billion, with both below the previous year's levels.
  10. FY2023-Q3Shift to lower revenue and lower operating profit.Annual report

    「Although the group continued its efforts under these conditions, construction business revenue decreased 5.0% year on year to ¥60.6 billion as progress on construction projects declined from the previous fiscal year. Operating profit decreased 2.3% to ¥6.3 billion.」

    Construction business revenue declined 5.0% and operating profit declined 2.3% due to slower progress on construction projects.
  11. FY2023-Q2Change to lower revenue and higher operating profitAnnual report

    「Construction business revenue decreased 5.0% year on year to ¥40.2 billion as progress on construction projects declined from the previous fiscal year. However, operating profit increased 7.7% to ¥4.2 billion due to broadly improved project profitability.」

    Construction business revenue declined due to slower progress on construction projects, while operating profit increased due to improved project profitability.
  12. FY2023-Q1Shift to lower revenue and lower operating profit.Annual report

    「Construction business revenue decreased 5.0% year on year to ¥18.9 billion as progress on construction projects declined from the previous fiscal year. Operating profit was ¥1.5 billion, down 16.7%.」

    Construction business shifted from higher revenue and higher operating profit in the year-earlier period to lower revenue and lower operating profit, as revenue declined 5.0% and operating profit declined 16.7% due to slower progress on construction projects.
  13. FY2022AdvancedAnnual report

    「Construction business revenue decreased ¥600 million from the previous consolidated fiscal year to ¥87.9 billion, down 0.8% year on year. However, operating profit increased 96.3% to ¥8.5 billion due to broadly improved project profitability, particularly higher contract amounts for changes to certain domestic projects than initially expected, and fewer unprofitable projects than in the previous fiscal year.」

    Despite lower construction business revenue, operating profit increased to ¥8.5 billion due to improved project profitability, higher contract amounts for changes to projects, and fewer unprofitable projects.
  14. FY2022-Q3AdvancedAnnual report

    「As a result of the group's continued efforts under these conditions, construction business revenue increased 2.3% year on year to ¥63.8 billion, while operating profit increased 209.3% to ¥6.4 billion, mainly due to improved project profitability.」

    Construction business revenue increased, while operating profit rose 209.3% year on year against a backdrop of improved project profitability.
  15. FY2022-Q2AdvancedAnnual report

    「As a result of the group's continued efforts under these conditions, construction business revenue increased 10.6% year on year to ¥42.3 billion as construction progress advanced from the previous fiscal year. Operating profit increased 899.4% to ¥3.9 billion, mainly because completed-construction revenue increased and profitability improved on some large domestic projects.」

    Construction business revenue was ¥42.3 billion and operating profit was ¥3.9 billion, representing higher revenue and higher operating profit year on year due to increased construction progress and improved profitability on large domestic projects.
  16. FY2022-Q1Recovery from lower revenue and lower operating profit to higher revenue and higher operating profit.Annual report

    「Construction business revenue increased 22.8% year on year to ¥19.9 billion as progress on construction projects increased from the previous fiscal year. Operating profit was ¥1.8 billion, compared with operating profit of ¥69 million in the year-earlier period.」

    Construction business recovered from lower revenue and lower operating profit in the first quarter of the previous fiscal year to higher revenue of ¥19.9 billion and higher operating profit of ¥1.8 billion.
  17. FY2021Construction business revenue and operating profit declined.Annual report

    「Construction business revenue decreased ¥18.4 billion from the previous consolidated fiscal year to ¥88.5 billion, down 17.3% year on year, as construction progress was slower than expected. Operating profit was ¥4.3 billion, down 34.2%, mainly because completed-construction revenue declined and the company recorded rebuilding costs to address construction defects in condominiums completed and handed over in the past.」

    Construction business revenue and operating profit both fell below the previous year's levels due to delays in construction progress and the recognition of rebuilding costs.
  18. FY2021-Q3Lower revenue and operating profit continuedAnnual report

    「Although the group continued its efforts under these conditions, construction business revenue decreased 21.8% year on year to ¥62.4 billion because construction progress was slower than expected compared with the previous fiscal year. Operating profit decreased 61.4% to ¥2.0 billion, mainly because completed-construction revenue declined and the company recorded rebuilding costs to address construction defects in condominiums completed and handed over in the past.」

    Construction business revenue declined 21.8% and operating profit declined 61.4% due to delays in construction progress and the recognition of rebuilding costs.
  19. FY2021-Q2Shift to lower revenue and lower operating profit.Annual report

    「Although the group continued its efforts under these conditions, construction business revenue decreased 28.0% year on year to ¥38.3 billion because construction progress was slower than expected compared with the previous fiscal year. Operating profit decreased 88.2% to ¥300 million, mainly because completed-construction revenue declined and the company recorded rebuilding costs to address construction defects in condominiums completed and handed over in the past.」

    Construction business revenue declined 28.0% and operating profit declined 88.2% due to delays in construction progress and the recognition of rebuilding costs.
  20. FY2021-Q1Shift to lower revenue and lower operating profit.Annual report

    「Although the group continued its efforts under these conditions, construction business revenue decreased 35.6% year on year to ¥16.2 billion as progress on construction projects declined from the previous fiscal year. Operating profit was ¥69 million, down 95.0%.」

    Construction business revenue declined 35.6% year on year and operating profit declined 95.0% due to slower progress on construction projects.
  21. FY2020-Q3AdvancedAnnual report

    「Construction business revenue increased 16.1% year on year to ¥79.8 billion, while operating profit increased 34.5% to ¥5.4 billion.」

    Cumulative third-quarter construction business revenue was ¥79.8 billion and operating profit was ¥5.4 billion, with both exceeding the year-earlier levels.
  22. FY2020-Q2AdvancedAnnual report

    「As a result of the group's continued efforts under these conditions, construction business revenue increased 18.3% year on year to ¥53.1 billion, while operating profit increased 22.9% to ¥3.3 billion.」

    Cumulative second-quarter construction business revenue was ¥53.1 billion and operating profit was ¥3.3 billion, with both exceeding the year-earlier levels.
  23. FY2020-Q1AdvancedAnnual report

    「As a result of the group's continued efforts under these conditions, construction business revenue increased 27.7% year on year to ¥25.1 billion, while operating profit increased 67.5% to ¥1.3 billion.」

    Cumulative first-quarter construction business revenue was ¥25.1 billion and operating profit was ¥1.3 billion, with both exceeding the year-earlier levels.
  24. FY2019-Q3AdvancedAnnual report

    「The business environment for the construction business remained generally firm, with public investment staying at a high level and private capital investment increasing. As a result of the group's continued efforts under these conditions, construction business revenue increased 1.8% year on year to ¥68.7 billion, while operating profit increased 19.3% to ¥4.0 billion.」

    Cumulative third-quarter construction business revenue was ¥68.7 billion and operating profit was ¥4.0 billion, with both exceeding the year-earlier levels.
  25. FY2019-Q2Shift to higher revenue and higher operating profit.Annual report

    「The business environment for the construction business remained firm, with public investment holding steady and private capital investment increasing against a backdrop of improved corporate earnings. As a result of the group's continued efforts under these conditions, construction business revenue increased 4.7% year on year to ¥44.9 billion, while operating profit increased 36.1% to ¥2.6 billion.」

    Construction business revenue was ¥44.9 billion and operating profit was ¥2.6 billion, representing a shift from higher revenue and lower operating profit in the previous quarter to higher revenue and higher operating profit.
  26. FY2019-Q1Shift to higher revenue and lower operating profit.Annual report

    「As a result of the group's continued efforts under these conditions, construction business revenue increased 2.3% year on year to ¥19.7 billion, while operating profit was ¥800 million, down 3.5%.」

    Construction business revenue increased 2.3% year on year to ¥19.7 billion, while operating profit was ¥800 million, down 3.5%.
  27. FY2018AdvancedAnnual report

    「Construction business revenue was ¥91.4 billion, an increase of ¥10.1 billion, or 12.4%, from the previous consolidated fiscal year. Operating profit was ¥4.9 billion, up 12.0% year on year.」

    Full-year construction business revenue was ¥91.4 billion and operating profit was ¥4.9 billion, with both exceeding the previous year's levels.
  28. FY2018-Q3AdvancedAnnual report

    「The business environment for the construction business remained generally firm, with public investment holding steady and private construction investment continuing to increase. As a result of the group's continued efforts under these conditions, construction business revenue increased 23.1% year on year to ¥67.5 billion, while operating profit increased 20.0% to ¥3.3 billion.」

    Cumulative third-quarter construction business revenue was ¥67.5 billion and operating profit was ¥3.3 billion, with both exceeding the year-earlier levels.
  29. FY2018-Q2AdvancedAnnual report

    「The business environment for the construction business remained generally firm, with public investment remaining resilient and private capital investment recovering against a backdrop of improved corporate earnings. As a result of the group's continued efforts under these conditions, construction business revenue increased 23.3% year on year to ¥42.9 billion, while operating profit increased 19.8% to ¥1.9 billion.」

    Cumulative second-quarter construction business revenue was ¥42.9 billion and operating profit was ¥1.9 billion, with both exceeding the year-earlier levels.
  30. FY2018-Q1AdvancedAnnual report

    「The business environment for the construction business remained firm, with public investment becoming increasingly resilient and private capital investment recovering against a backdrop of improved corporate earnings. As a result of the group's continued efforts under these conditions, construction business revenue increased 20.1% year on year to ¥19.2 billion, while operating profit increased 108.8% to ¥800 million.」

    Cumulative first-quarter construction business revenue was ¥19.2 billion and operating profit was ¥800 million, with both exceeding the year-earlier levels.
  31. FY2017AdvancedAnnual report

    「Construction business revenue was ¥81.3 billion, an increase of ¥6.1 billion, or 8.2%, from the previous consolidated fiscal year. Operating profit was ¥4.4 billion, up 15.1% year on year.」

    Full-year construction business revenue was ¥81.3 billion and operating profit was ¥4.4 billion, representing increases of 8.2% and 15.1%, respectively.
  32. FY2017-Q3First statedAnnual report

    「As a result of the group's continued efforts under these conditions, construction business revenue increased 4.9% year on year to ¥54.8 billion, while operating profit increased 5.9% to ¥2.8 billion.」

    The company stated that both revenue and operating profit in the construction business exceeded the year-earlier levels.
Moved together

"Revenue Growth and Increases in Operating and Ordinary Profit" moved the same way as this thread, in the same document, in 17 of its 34 moves.

17106555★123456
  1. ★This thread
  2. 1Revenue Growth and Increases in Operating and Ordinary Profit17×
  3. 2Reducing Interest-Bearing Debt10×
  4. 3Downside Risk to Results from Delays in Large Construction Projects6×
  5. 4Revenue Growth and Higher Operating Profit in the Real Estate Business5×
  6. 5Growth in Large-Project Orders and Backlog5×
  7. 6Stabilizing Cash Flow, Improving the Financial Position and Enhancing Asset Efficiency5×

★ 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
Wakachiku Construction's next results are scheduled for 2026-11-09. Read the earnings preview It last moved in the Earnings of 2026-08-06: "Advanced".
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