Revenue Growth Led by the Construction Business
First written in FY2016-Q2. 8 of 36 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026-H1.
15 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Revenue increased 14.7% year on year to approximately ¥88.8 billion, mainly because large private-sector building projects progressed steadily without schedule delays.」
Revenue increased 14.7% year on year. Construction revenue increased 14.3% and real estate revenue also increased 36.4%, continuing the pattern of growth led mainly by the construction business. - 2026-05-08AdvancedEarnings
「Net sales rose 4.0% year on year to approximately ¥41.8 billion, reflecting steady progress on projects under construction without delays and strong consolidated order intake.」
Higher quarterly net sales were attributed to progress on projects under construction and strong consolidated order intake. - FY2025Continued Construction Revenue Growth and Wider Real Estate Revenue DeclineAnnual report
「Revenue increased 0.8% year on year to approximately ¥167.9 billion, supported by steady progress on projects under construction without schedule delays and strong consolidated orders during the current fiscal year.」
Consolidated revenue increased 0.8% and construction revenue increased 2.8%, while real estate revenue decreased 58.7% following the reaction to large-scale sales projects. Construction continued to support overall revenue growth. - FY2025-H1Continued Construction-Led Revenue Growth and Sharp Decline in Real Estate RevenueAnnual report
「Revenue increased 2.4% year on year to approximately ¥77.5 billion, supported by steady progress on projects under construction without schedule delays and steady consolidated orders during the current fiscal year.」
Consolidated revenue increased 2.4% year on year. Steady progress on projects under construction and steady consolidated orders were identified as the drivers. Construction revenue increased 7.5%, while real estate revenue decreased 77.0%. - FY2024Continued Full-Year Revenue Growth, Supported by Large Real Estate Sales and Carried-Over Large ProjectsAnnual report
「Revenue increased 2.7% year on year to approximately ¥166.5 billion, supported by the real estate sales business and steady progress on large private-sector building projects carried over from the previous fiscal year.」
Revenue increased 2.7% year on year. In addition to real estate sales, which drove first-half growth, steady progress on large private-sector building projects carried over from the previous fiscal year contributed to full-year growth. - FY2024-H1Continued Revenue Growth, Supported by Orders and Real Estate SalesAnnual report
「Revenue increased 8.3% year on year to approximately ¥75.7 billion, supported by the real estate sales business and steady consolidated orders during the current fiscal year.」
In addition to real estate sales, steady consolidated orders during the current fiscal year were identified as a revenue-growth driver. Revenue increased 8.3% year on year. - FY2024-Q1Revenue Growth Supported by Handover of Real Estate PropertiesAnnual report
「Revenue increased 15.4% year on year to approximately ¥41.4 billion, supported by the real estate sales business and steady progress on large private-sector building projects carried over from the previous fiscal year.」
Revenue increased 15.4% year on year. In addition to the previous focus on construction-led growth, real estate sales and steady progress on large private-sector building projects carried over from the previous fiscal year were identified as growth drivers. - FY2023AdvancedAnnual report
「Revenue increased 5.1% year on year to approximately ¥162.2 billion because orders, mainly for private-sector building projects, exceeded the previous year and construction progress remained steady.」
Higher construction orders and steady construction progress resulted in 5.1% year-on-year growth in consolidated revenue. Construction revenue increased 5.8% and orders increased 1.4%, progressing from 3.6% quarterly growth to the full-year result. - FY2023-Q3AdvancedAnnual report
「Revenue increased 3.6% year on year to approximately ¥111.9 billion because orders, mainly for private-sector building projects, exceeded the previous year and construction progress remained steady.」
Higher orders for private-sector building projects and other projects, together with steady construction progress, increased the year-on-year growth rate from 0.5% in the previous quarter to 3.6%. - FY2023-Q2Shift from Lower Revenue to Slight GrowthAnnual report
「Revenue increased 0.5% year on year to approximately ¥69.8 billion because construction progress on private-sector building projects and other projects remained steady.」
Revenue shifted from a 3.7% year-on-year decline in the previous quarter to 0.5% growth, supported by steady progress on private-sector building projects and other projects. - FY2023-Q1Higher Orders and Steady Backlog, but Lower Revenue Due to Sluggish ProgressAnnual report
「Orders increased year on year, mainly for private-sector building projects, and the backlog of projects under construction remained steady. However, construction progress was somewhat sluggish, and revenue decreased 3.7% year on year to approximately ¥35.9 billion.」
Orders and the backlog of projects under construction were steady, particularly for private-sector building projects, but sluggish construction progress resulted in a 3.7% year-on-year revenue decline. - FY2022-Q3Wider Revenue Decline Due to Lower Prior-Year Orders and BacklogAnnual report
「Revenue decreased 17.0% year on year to approximately ¥108.1 billion. Although the company was only slightly affected by the pandemic and construction progressed steadily, progress on completed construction remained sluggish because carried-over projects from the previous year were limited following weak orders in the previous year.」
Construction progressed steadily, but revenue decreased 17.0% year on year because weak prior-year orders resulted in a limited backlog of projects carried over into the current fiscal year. - FY2022-Q2Continued Revenue Decline and Lower Carried-Over BacklogAnnual report
「Although construction progressed without any major delays caused by COVID-19, revenue decreased 19.4% year on year to approximately ¥69.5 billion because delays in project orders during the pandemic reduced prior-year orders, resulting in carried-over orders below the previous year.」
Construction progressed without major delays, but delays in project orders during the pandemic reduced prior-year orders and carried-over orders, resulting in a 19.4% year-on-year revenue decline. - FY2022-Q1Revenue Decline Due to Lower Carried-Over OrdersAnnual report
「Although construction progressed steadily without any impact from COVID-19, revenue decreased 20.2% year on year to approximately ¥37.2 billion because carried-over orders were below the previous year.」
Construction progressed steadily, but revenue declined because carried-over orders and other factors were below the previous year. Orders in the construction business also continued to decline due to delays in project orders. - FY2021-Q3Slight Revenue Growth Despite a Sharp Drop in Orders and a Shift in Business MixAnnual report
「Although completed construction revenue declined year on year because orders were significantly below the previous year, consolidated revenue increased 0.1% to approximately ¥130.3 billion, supported by growth in the real estate business and construction-related ancillary businesses.」
Orders and completed construction revenue were significantly below the previous year, but growth in the real estate and construction-related ancillary businesses resulted in 0.1% growth in consolidated revenue. - FY2021-Q2RestatedAnnual report
「Revenue increased 2.5% year on year to approximately ¥86.2 billion, supported by steady progress on high-level carried-over orders, with no project suspensions caused by the feared spread of COVID-19.」
High carried-over orders and steady construction progress resulted in 2.5% year-on-year revenue growth. No project suspensions occurred. - FY2021-Q1Continued Revenue Growth, Supported by Completed ProjectsAnnual report
「Revenue increased 1.8% year on year to approximately ¥46.7 billion, supported by steady progress on high-level carried-over orders, with no project suspensions caused by the feared spread of COVID-19, and by the high number of projects completed during the quarter.」
High carried-over orders, steady construction progress and the large number of projects completed during the quarter resulted in 1.8% year-on-year revenue growth. No project suspensions occurred. - FY2020AdvancedAnnual report
「Although current-period orders decreased 12.6% year on year, revenue increased 2.0% to approximately ¥185.7 billion, supported by high carried-over orders, completion of large-scale projects and steady construction progress, with no project suspensions or delays caused by the feared spread of COVID-19.」
Although current-period orders decreased 12.6%, full-year revenue increased 2.0% to approximately ¥185.7 billion, supported by high carried-over orders, completion of large-scale projects and steady construction progress. - FY2020-Q3RestatedAnnual report
「Although current-period orders fell below the previous year, revenue increased 4.7% year on year to approximately ¥130.1 billion, supported by high carried-over orders, completion of large-scale projects and steady construction progress, with no project cancellations or delays caused by the feared spread of COVID-19.」
Revenue growth continued despite lower current-period orders, supported by high carried-over orders, completion of large-scale projects and steady construction progress. No project cancellations or delays caused by COVID-19 occurred. - FY2020-Q2Continued Revenue Growth from High Carried-Over Backlog Despite Lower OrdersAnnual report
「Although current-period orders fell below the previous year, revenue increased 10.7% year on year to approximately ¥84.1 billion, supported by a high level of carried-over orders in the construction business and steady construction progress.」
Although current-period orders fell below the previous year, high carried-over orders and steady construction progress resulted in 10.7% year-on-year revenue growth. The pattern of carried-over work and progress offsetting lower orders continued. - FY2020-Q1AdvancedAnnual report
「Revenue increased 17.9% year on year to approximately ¥45.8 billion, supported by carried-over orders exceeding the previous year and steady progress on construction projects.」
Higher carried-over orders and steady project progress expanded revenue growth from 2.3% year on year in the previous quarter to 17.9%. - FY2019Full-Year Revenue Growth Despite Continued Lower OrdersAnnual report
「Revenue increased 4.7% year on year to approximately ¥182.0 billion because current-period orders fell below the previous year, while carried-over orders in the construction business exceeded the previous year.」
Although current-period orders fell below the previous year, higher carried-over orders and steady progress on projects under construction resulted in 4.7% full-year revenue growth. The pattern of carried-over orders offsetting lower current-period orders was also evident for the full year. - FY2019-Q3RestatedAnnual report
「Revenue for the first nine months of the current fiscal year increased 5.4% year on year to approximately ¥124.3 billion because current-period orders fell below the previous year, while carried-over orders in the construction business exceeded the previous year.」
Although current-period orders fell below the previous year, higher carried-over orders in the construction business supported 5.4% year-on-year revenue growth. The explanation based on carried-over orders offsetting lower orders continued from the previous quarter. - FY2019-Q2Continued Revenue Growth Despite Lower OrdersAnnual report
「Although current-period orders fell below the previous year, revenue increased 1.2% year on year to approximately ¥76.0 billion because carried-over orders in the construction business exceeded the previous year.」
Current-period orders fell below the previous year, but carried-over orders in the construction business exceeded the previous year, resulting in 1.2% year-on-year revenue growth. The explanation shifted from growth driven by higher orders to growth supported by carried-over orders. - FY2019-Q1AdvancedAnnual report
「Revenue increased 2.3% year on year to approximately ¥38.9 billion because carryover orders from the previous period and current-period orders exceeded the prior-year levels.」
Revenue turned from a decline in the first quarter of the previous fiscal year to a 2.3% increase, supported by higher carryover orders from the previous period and current-period orders. Construction revenue also increased 2.8% year on year. - FY2018-Q3Shift from Lower Revenue to Slight GrowthAnnual report
「Although progress on projects under construction remained sluggish due to delays in starting construction, revenue increased 0.9% year on year to approximately ¥117.9 billion because current-period orders exceeded the prior-year level.」
Progress remained sluggish due to delays in starting construction, but current-period orders exceeded the prior-year level, causing revenue to turn from a 5.3% year-on-year decline in the previous quarter to a 0.9% increase. - FY2018-Q2Higher Orders and Lower RevenueAnnual report
「Although current-period construction orders exceeded the prior-year level, revenue declined 5.3% year on year to approximately ¥75.1 billion because progress on projects under construction remained sluggish.」
Current-period construction orders exceeded the prior-year level, but sluggish progress on projects under construction resulted in a 5.3% year-on-year decline in revenue. The explanation shifted from lower orders and lower revenue to the coexistence of higher orders and lower revenue. - FY2018-Q1Lower Orders and Continued Revenue DeclineAnnual report
「During the first quarter of the fiscal year, revenue declined 8.4% year on year to approximately ¥38.0 billion, as current-period construction orders fell below the prior-year level and progress on projects under construction remained sluggish.」
Current-period construction orders fell below the prior-year level and progress on projects under construction remained sluggish, resulting in an 8.4% year-on-year decline in total revenue. The explanation shifted from the coexistence of higher orders and delayed progress to lower orders and declining revenue. - FY2017Continued Full-Year Revenue Decline Alongside Higher Orders and Delayed ProgressAnnual report
「Orders increased 3.9% year on year to approximately ¥183.3 billion, while revenue declined 2.9% to approximately ¥167.6 billion.」
Orders increased, but full-year revenue declined 2.9% due to delays in starting and progressing projects under construction. - FY2017-Q3Specific Drivers of the Revenue Decline and Continued DeclineAnnual report
「Revenue for the first nine months of the fiscal year declined 5.3% year on year to approximately ¥116.9 billion, as progress on construction projects under way remained sluggish due to mismatches in the timing of project orders and delays in starting construction, while the real estate business also declined.」
The revenue decline continued, with mismatches in project-order timing and delays in starting construction identified in addition to sluggish progress on projects under construction and the decline in the real estate business. - FY2017-Q2RestatedAnnual report
「Revenue for the first six months of the fiscal year declined 2.3% year on year to approximately ¥79.4 billion, as progress on projects under construction remained sluggish and real estate projects also declined.」
Revenue declined 2.3% year on year due to sluggish progress on construction projects under way and a decline in real estate projects. The explanation of slower revenue growth continued. - FY2017-Q1Slower revenue growthAnnual report
「During the first quarter of the current consolidated cumulative period, revenue decreased 5.2% year on year to approximately ¥41.5 billion. Although current-period construction orders exceeded the prior-year level, progress on projects underway remained sluggish and real estate projects also declined.」
Although current-period construction orders exceeded the prior-year level, sluggish progress on projects underway resulted in a 5.2% year-on-year decline in total revenue. The explanation has shifted from construction-led revenue growth to slower growth. - FY2016-Q3RestatedAnnual report
「Although revenue from the real estate business declined due to a decrease in properties held for sale, revenue from the construction business increased as brought-forward orders and current-period orders grew and work on projects underway progressed smoothly. As a result, revenue increased 14.2% year on year to approximately ¥123.5 billion.」
The company continues to explain that growth in brought-forward and current-period construction orders and steady progress on projects underway offset the decline in the real estate business. Construction revenue increased 15.7% year on year. - FY2016-Q2First statedAnnual report
「Although revenue from the real estate business declined due to a decrease in properties held for sale, revenue from the construction business increased as brought-forward orders and current-period orders grew and work on projects underway progressed smoothly. As a result, revenue increased 15.7% year on year to approximately ¥81.2 billion.」
The company attributes overall revenue growth to higher brought-forward and current-period construction orders and steady progress on projects underway.