Revenue growth and improved earnings in overseas construction business

「主にシンガポール・香港の大型工事が順調に進捗したことにより、売上高は978億円（前年同期比21.9％増）と増加しましたが、設備子会社における過年度工事で追加損失を計上したことにより、セグメント損失は24億円（前年同期は４億円のセグメント損失）となりました。」

「Net sales increased to ¥97.8 billion, up 21.9% year on year, mainly because large-scale projects in Singapore and Hong Kong progressed smoothly. However, the segment posted a loss of ¥2.4 billion, compared with a segment loss of ¥400 million in the same period of the previous year, due to additional losses recognized on prior-period projects at an equipment subsidiary.」

「主にシンガポール・香港の大型工事が順調に進捗したことにより、売上高は458億円（前年同四半期比29.8％増）と増加しましたが、セグメント損失は９億円（前年同四半期は８億円のセグメント損失）と前年同四半期並みとなりました。」

「Revenue increased 19.8% from the previous consolidated fiscal year to ¥181.8 billion, mainly as large projects in Singapore progressed steadily. The segment loss improved substantially from the ¥15.6 billion loss in the previous consolidated fiscal year, when losses were recognized on 2 large civil engineering projects, but remained a loss of ¥3.2 billion due to a reassessment of the profitability of 1 building construction project and additional losses recognized by an equipment subsidiary on projects completed during the current fiscal year and on projects from previous years.」

「Revenue was ¥80.2 billion, up 6.0% year on year, while the segment loss narrowed to ¥0.4 billion, compared with a ¥2.3 billion loss in the same period of the previous year.」

「Revenue was ¥151.8 billion, up 0.8% year on year, while the segment loss widened to ¥15.6 billion, compared with a ¥4.2 billion loss in the previous consolidated fiscal year. This was due to additional construction losses recognized on large civil engineering projects in Singapore and civil engineering projects in Hong Kong.」

「Revenue increased 21.6% year on year to ¥75.6 billion, mainly as large projects in Singapore and Hong Kong progressed steadily. However, the segment loss widened to ¥2.3 billion, compared with a ¥2.0 billion loss in the same period of the previous year, due to low vessel utilization.」

「Revenue increased 15.4% year on year to ¥103.3 billion, while the segment loss narrowed to ¥2.2 billion, compared with a ¥17.2 billion segment loss in the same period of the previous year. This was due in part to lower-than-expected vessel utilization and increased construction losses on projects for which provisions had been recorded in the previous fiscal year, reflecting the impact of foreign-exchange movements during the cumulative 3Q period.」

「Revenue declined 3.2% year on year to ¥62.2 billion, and the segment loss widened to ¥2.0 billion, compared with a ¥0.1 billion segment loss in the same period of the previous year. This was due in part to additional provisions for construction losses on projects for which provisions had been recorded in the previous fiscal year, reflecting the impact of foreign-exchange movements during the cumulative 2Q period.」

「(Overseas construction business) Revenue declined 12.1% year on year to ¥25.9 billion, and the segment posted a loss of ¥1.2 billion, compared with segment profit of ¥1.0 billion in the same quarter of the previous year. This was due to virtually zero profit on projects for which provisions for construction losses had been recorded in the previous fiscal year, higher construction losses on these projects due to the impact of foreign-exchange movements during the cumulative 1Q period, and lower vessel utilization than in the same quarter of the previous year, among other factors. The company’s standalone orders received declined by ¥75.6 billion from the same quarter of the previous year to ¥4.9 billion, down 93.9%, as no large projects were won.」

「Revenue was ¥133.1 billion, up 10.7% year on year, while the segment loss widened to ¥16.1 billion, compared with a segment loss of ¥6.0 billion in the previous consolidated fiscal year, due to losses recognized on several large construction projects as described above.」

「(Overseas construction business) Revenue was ¥89.5 billion, up 3.1% from the same quarter of the previous year. However, the segment loss widened to ¥17.2 billion, compared with a segment loss of ¥2.6 billion in the same period of the previous year, due to losses recognized on several large projects as described above and lower vessel utilization.」

「(Overseas construction business) Revenue increased 15.0% year on year to ¥64.3 billion, but the segment posted a loss of ¥0.1 billion, compared with segment profit of ¥2.0 billion in the same quarter of the previous year. This reflected higher construction costs due to foreign-exchange movements and surging fuel, material and labor costs, as well as lower vessel utilization. The company’s standalone orders received increased by ¥77.0 billion from the same quarter of the previous year to ¥87.1 billion, due to an order for a large building construction project in Singapore.」

「(Overseas construction business) Revenue increased 7.0% to ¥29.4 billion, but segment profit declined 49.5% to ¥1.0 billion. This reflected the high gross profit margin on completed construction contracts in the same quarter of the previous year, supported by design changes secured on ODA projects and high vessel utilization, among other factors. The company’s standalone orders received increased by ¥72.2 billion from the same quarter of the previous year to ¥80.4 billion, up 875.4%, due to an order for a large building construction project in Singapore.」

「In the overseas construction business, orders received were limited to 1 large project, decreasing by ¥94.9 billion from the previous fiscal year to ¥56.0 billion, down 62.9%. Revenue was ¥120.3 billion, down 1.4%, and the segment loss was ¥6.0 billion, compared with segment profit of ¥2.9 billion in the previous consolidated fiscal year.」

「(Overseas construction business) Revenue was ¥86.8 billion, down 3.1% from the same quarter of the previous year. As described above, profitability on large civil engineering projects deteriorated substantially due to the prolonged impact of the spread of COVID-19, resulting in a segment loss of ¥2.6 billion, compared with segment profit of ¥4.2 billion in the same period of the previous year. The company’s standalone orders received decreased by ¥86.7 billion from the same period of the previous year to ¥16.3 billion, as no large projects were won during the cumulative 3Q period.」

「Construction work in Singapore, which had been suspended in the same quarter of the previous year, progressed steadily. However, revenue declined 4.7% year on year to ¥55.9 billion because a large ODA port construction project had been completed and progressed substantially in the same quarter of the previous year. Segment profit declined 23.4% to ¥2.0 billion. The company’s standalone orders received fell by ¥15.9 billion from the same quarter of the previous year to ¥10.2 billion, as orders for large projects decreased.」

「(Overseas construction business) Revenue was ¥27.5 billion, down 22.7% from the same quarter of the previous year. The main factor was lower revenue than in the same quarter of the previous year, when a large ODA port construction project progressed. Along with the decline in revenue, segment profit fell 26.0% to ¥2.0 billion.」

「Revenue was ¥89.6 billion, down 26.3% from the same quarter of the previous year, as construction work was suspended in Singapore and Africa due to the impact of COVID-19. However, segment profit declined only slightly to ¥4.2 billion, down 4.2%, as construction profitability improved. The company’s standalone orders received increased by ¥71.5 billion from the previous year to ¥103.0 billion, mainly due to an order for a large railway facility construction project in Singapore.」

「(Overseas construction business) Revenue was ¥58.7 billion, down 27.1% from the same quarter of the previous year, and segment profit was ¥2.6 billion, down 7.8%, due to construction suspensions in parts of Southeast Asia and Africa caused by the impact of COVID-19. The company’s standalone orders received totaled ¥26.1 billion, up ¥2.7 billion from the same quarter of the previous year, following an order for a large building construction project in Singapore.」

「(Overseas construction business) Revenue was ¥35.6 billion, down 21.4% from the same quarter of the previous year, as construction work was suspended in parts of Southeast Asia and Africa due to the impact of COVID-19. However, segment profit increased 21.1% to ¥2.7 billion as construction profitability improved.」

「In the overseas construction business, orders received declined by ¥85.1 billion (50.2%) from the previous consolidated fiscal year to ¥84.5 billion, despite an order for a large port construction project in Africa, due in part to the postponement of a large building construction project. Revenue declined by ¥6.4 billion (3.9%) to ¥157.6 billion, while segment profit decreased by ¥0.5 billion (7.0%) to ¥6.3 billion.」

「(Overseas construction business) Revenue was ¥121.7 billion, down 0.8% from the same quarter of the previous year, while segment profit declined to ¥4.4 billion, down 27.2%, due in part to the impact of major repairs to a large dredger. The company’s standalone orders received decreased by ¥120.5 billion from the same quarter of the previous year, when several large projects were received, to ¥31.5 billion.」

「(Overseas construction business) Revenue increased to ¥80.5 billion, up 11.6% from the same quarter of the previous year, but segment profit declined to ¥2.8 billion, down 28.4%, due in part to the impact of major repairs to a large dredger. The company’s standalone orders received decreased by ¥92.0 billion from the same quarter of the previous year, when several large projects were won, to ¥23.3 billion.」

「(Overseas construction business) Revenue was ¥45.3 billion, up 27.1% from the same quarter of the previous year, and segment profit was ¥2.2 billion, up 25.7%. The company’s standalone orders received totaled ¥17.6 billion after it won a large civil engineering project in Hong Kong.」

「In the overseas construction business, orders received totaled ¥169.5 billion, down ¥134.3 billion (44.2%) from the previous consolidated fiscal year, despite orders for a large road tunnel project in Singapore and a large port construction project in Indonesia, due in part to the postponement of large building construction projects. Revenue was ¥164.1 billion, down ¥31.1 billion (15.9%). However, margins improved as large marine construction projects progressed steadily, and segment profit increased by ¥2.0 billion (41.7%) to ¥6.8 billion.」

「(Overseas construction business) Revenue was ¥122.7 billion, down 13.3% from the same quarter of the previous year, while segment profit was ¥6.0 billion, up 61.4%, mainly due to improved construction profitability. The company’s standalone orders received decreased by ¥49.5 billion from the same quarter of the previous year, when it won its largest-ever civil engineering project, but totaled ¥152.0 billion as infrastructure investment remained strong in Singapore and Hong Kong and several large civil engineering and building construction projects were received.」

「In the overseas construction business, revenue was ¥72.1 billion, down ¥21.7 billion (23.1%) from the same quarter of the previous year. Segment profit was ¥3.9 billion, up ¥2.0 billion (106.8%). The company’s standalone orders received were ¥115.3 billion. Although the company received several large civil engineering and building construction orders, orders received decreased by ¥76.3 billion (39.8%) from the same quarter of the previous year, when several large civil engineering orders had been won.」

「In the overseas construction business, revenue was ¥35,617 million, down ¥11,401 million (24.2%) from the same quarter of the previous year. Segment profit was ¥1,768 million, up ¥576 million (48.4%). The company’s standalone orders received were ¥55,599 million, a substantial increase of ¥54,910 million (7,963.9%) from the same quarter of the previous year, mainly due to orders for several large building construction projects in Hong Kong.」

「In the overseas construction business, orders received increased by ¥202,230 million (198.9%) from the previous consolidated fiscal year to ¥303,882 million, mainly reflecting orders for a large port construction project in Bangladesh and several large civil engineering projects in Singapore. Revenue was ¥195,120 million, up ¥11,559 million (6.3%), as the substantial backlog of projects progressed steadily. Segment profit was ¥4,791 million, up ¥2,621 million (120.8%), owing to higher revenue and improved margins.」

「In the overseas construction business, revenue was ¥141,431 million, up ¥6,999 million (5.2%) from the same quarter of the previous year. Segment profit increased as construction profitability improved, reaching ¥3,724 million, up ¥3,488 million (1,478.5%).」

「In the overseas construction business, revenue was ¥93,834 million, up ¥2,297 million (2.5%) from the same quarter of the previous year. Segment profit was ¥1,904 million, up ¥722 million (61.1%).」

「In the overseas construction business, revenue was ¥47,019 million, down ¥1,287 million (2.7%) from the same quarter of the previous year. Segment profit was ¥1,191 million, up ¥33 million (2.9%).」

「In the overseas construction business, construction investment remained firm in Southeast Asia, including Singapore and Hong Kong, its main markets. Under these conditions, revenue was ¥183,560 million, an increase of ¥20,999 million, or 12.9%, from the previous consolidated fiscal year, and segment profit was ¥2,169 million, an increase of ¥483 million, or 28.7%.」

「In the overseas construction business, revenue was ¥134,432 million, an increase of ¥12,481 million, or 10.2%, from the same quarter of the previous year. Segment profit was ¥235 million, a decrease of ¥1,657 million, or 87.5%, from the same quarter of the previous year.」

「In the overseas construction business, revenue was ¥91,536 million, an increase of ¥16,435 million, or 21.9%, from the same quarter of the previous year. Segment profit was ¥1,182 million, an increase of ¥300 million, or 34.1%, from the same quarter of the previous year.」

「In the overseas construction business, revenue was ¥48,307 million, an increase of ¥13,545 million, or 39.0%, from the same quarter of the previous year. Segment profit was ¥1,158 million, an increase of ¥523 million, or 82.5%, from the same quarter of the previous year.」