Revenue Growth and Improved Earnings in the First Quarter
First written in FY2018-Q1. 6 of 15 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-08-12.
Japan Foundation Engineering moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 25 of 89 companies on the "Worse" side.
23 other companies' latest entry also says "Advanced".
- 2026-08-12AdvancedEarnings
「Consolidated net sales were ¥6.814 billion, up ¥197 million year on year; consolidated operating profit was ¥616 million, up ¥231 million; consolidated ordinary profit was ¥780 million, up ¥358 million, partly due to foreign exchange gains of ¥95 million; and quarterly net income attributable to owners of the parent was ¥650 million, up ¥364 million.」
In the first quarter, net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the same period of the previous year. - FY2024-Q1Declining revenue and higher profitAnnual report
「For the first-quarter cumulative consolidated period, revenue in Japan was ¥5,431 million, a decrease of ¥130 million from the same quarter of the previous year, as some large-scale projects in the Tokyo metropolitan area were nearing completion. Meanwhile, construction carried over from the previous fiscal year progressed steadily at JAFEC USA, Inc., the U.S. subsidiary, resulting in consolidated ordinary profit of ¥389 million, an increase of ¥174 million year on year, and net income attributable to owners of the parent of ¥274 million, an increase of ¥165 million.」
The first quarter saw lower revenue because large-scale domestic projects were nearing completion, while ordinary income and net income increased year on year as construction carried over in the United States progressed. - FY2023-Q1AdvancedAnnual report
「For the first quarter, revenue was ¥5,561 million, an increase of ¥764 million from the same quarter of the previous year. In Japan, results varied by branch due to factors including the postponement of construction start dates, but orders received and construction work overall exceeded the initial plan for the period, and the company recorded ordinary profit of ¥455 million on a non-consolidated basis. At JAFEC USA, Inc., the U.S. subsidiary, however, overhead costs were incurred ahead of schedule because construction was suspended to protect the ecosystem and environment. As a result, consolidated ordinary profit was ¥215 million, an increase of ¥219 million year on year, and net income attributable to owners of the parent was ¥109 million, an increase of ¥159 million year on year.」
Results improved from revenue of ¥4,797 million, a consolidated ordinary loss of ¥4 million and a net loss attributable to owners of the parent of ¥50 million in the same period of the previous year to revenue of ¥5,561 million, ordinary profit of ¥215 million and net income of ¥109 million. - FY2022-Q2Operating income and ordinary income decreased, while net income increasedAnnual report
「For the six months ended, revenue was ¥10,443 million, an increase of ¥24 million from the same period of the previous year.」
For the six months ended, revenue increased slightly year on year, while operating income and ordinary income declined and quarterly net income attributable to owners of the parent increased. - FY2022-Q1WorsenedAnnual report
「For the first quarter, revenue was ¥4,797 million, an increase of ¥425 million from the same quarter of the previous year, based on construction carried over from the previous fiscal year. Although the company recorded ordinary profit of ¥254 million on a non-consolidated basis due to steady orders and construction progress at its domestic branches, consolidated ordinary loss was ¥4 million, a deterioration of ¥107 million year on year, and quarterly net loss attributable to owners of the parent was ¥50 million, a deterioration of ¥67 million, because overhead costs and other expenses were incurred ahead of schedule at JAFEC USA, Inc., the U.S. subsidiary.」
Revenue increased by ¥425 million year on year, while consolidated ordinary results deteriorated from profit of ¥103 million to a loss of ¥4 million, and quarterly net results attributable to owners of the parent deteriorated from profit of ¥16 million to a loss of ¥50 million. - FY2021-Q3WorsenedAnnual report
「As a result, the Group as a whole secured operating income of ¥491 million, compared with ¥541 million in the same quarter of the previous year, and ordinary income of ¥582 million, compared with ¥704 million. Quarterly net income attributable to owners of the parent was ¥192 million, compared with ¥406 million in the same quarter of the previous year.」
For the nine months ended, operating income, ordinary income and quarterly net income attributable to owners of the parent declined from the same period of the previous year. The factors cited include domestic results falling short of plan and weaker earnings at the U.S. subsidiary. - FY2021-Q2WorsenedAnnual report
「For the six months ended, revenue was ¥10,419 million, an increase of ¥1 million from the same quarter of the previous year. At the domestic branches, orders were in line with plan, but completed construction revenue fell short of plan because progress on some projects was delayed. In terms of profits, however, results exceeded plan due to efforts to improve construction profit margins and the effects of reducing overhead costs.」
Revenue was broadly flat year on year, but completed construction revenue fell short of plan because progress on some projects was delayed. Although profits exceeded plan, consolidated operating income, ordinary income and net income all fell below the levels of the same period of the previous year. - FY2021-Q1WorsenedAnnual report
「In the first quarter, sales were ¥4,372 million, down ¥646 million year on year. In Japan, some construction projects were delayed and several projects were postponed until the second quarter or later. In addition, JAFEC USA,Inc. had no completed construction work at active sites. Progress delays in these projects resulted in costs being incurred ahead of revenue. Operating profit was ¥72 million, down ¥126 million year on year, and quarterly net income attributable to owners of the parent was ¥16 million, down ¥84 million.」
The trend shifted from higher revenue and improved earnings in the first quarter to lower revenue and lower earnings in the current quarter. Revenue declined by ¥646 million year on year, operating income by ¥126 million and quarterly net income attributable to owners of the parent by ¥84 million. - FY2020-Q1AdvancedAnnual report
「Revenue for the first-quarter cumulative consolidated period was ¥5,018 million, a decrease of ¥15 million from the same quarter of the previous year. The company steadily generated profits due to steady orders and construction progress at its domestic branches. However, because overhead costs and other expenses were incurred ahead of schedule at JAFEC USA, Inc., the U.S. subsidiary, partly due to delays in starting construction work, ordinary profit was ¥204 million, an increase of ¥5 million year on year, and net income attributable to owners of the parent was ¥100 million, an increase of ¥9 million year on year.」
Revenue decreased by ¥15 million from the same quarter of the previous year, while ordinary profit increased from ¥198 million to ¥204 million and quarterly net income attributable to owners of the parent increased from ¥90 million to ¥100 million. The company explained that orders and construction progress at its domestic branches contributed to profit generation. - FY2019-Q3MitigatedAnnual report
「Sales for the period were ¥17,202 million, up ¥355 million year on year. Although an unprofitable construction project arose in Tokyo in the second quarter, construction progress proceeded smoothly from the second half onward. Increased profits at domestic branches and subsidiaries improved results, securing ordinary profit of ¥567 million, up ¥123 million year on year, while quarterly net income attributable to owners of the parent was ¥259 million, up ¥138 million.」
Despite unprofitable construction work in Tokyo during the second quarter, revenue and profit increased year on year as construction progressed in the second half and thereafter and domestic branches and subsidiaries increased their profits. - FY2019-Q2WorsenedAnnual report
「For the six months ended, revenue was ¥11,072 million, an increase of ¥82 million from the same period of the previous year. Although unprofitable construction work in Tokyo had a significant impact and resulted in an operating loss of ¥10 million, the company was able to secure ordinary profit of ¥125 million. However, quarterly net loss attributable to owners of the parent was ¥17 million, compared with a profit of ¥20 million in the same period of the previous year, because overhead costs and other expenses were incurred ahead of schedule at JAFEC USA, Inc., the U.S. subsidiary.」
Although revenue increased year on year, unprofitable construction work in Tokyo resulted in an operating loss, while quarterly net income attributable to owners of the parent turned from a profit in the same period of the previous year into a loss because overhead costs and other expenses at JAFEC USA were incurred ahead of schedule. - FY2019-Q1AdvancedAnnual report
「The financial position and operating results for the first-quarter cumulative consolidated period were as follows. ② Operating results Revenue for the first-quarter cumulative consolidated period was ¥5,033 million, an increase of ¥11 million from the same quarter of the previous year, based on construction carried over from the previous fiscal year. Although the company recorded ordinary profit of ¥198 million due to steady orders and construction progress at its domestic branches, quarterly net income attributable to owners of the parent was ¥90 million, compared with a net loss of ¥77 million in the same quarter of the previous year, because overhead costs and other expenses were incurred ahead of schedule at JAFEC USA, Inc., the U.S. subsidiary.」
Revenue increased by ¥11 million year on year, while ordinary profit improved from ¥32 million to ¥198 million and quarterly net income attributable to owners of the parent improved from a loss of ¥77 million to a profit of ¥90 million. - FY2018-Q3AdvancedAnnual report
「In the nine-month consolidated period, sales were ¥16,847 million, up ¥2,114 million year on year, as progress on work in progress at domestic branches exceeded expectations. Despite delays in construction progress at JAFEC USA,Inc., increased profits at domestic branches and subsidiaries resulted in operating profit of ¥317 million, compared with an operating loss of ¥443 million, and ordinary profit of ¥443 million, compared with an ordinary loss of ¥270 million. Quarterly net income attributable to owners of the parent was ¥121 million, compared with a net loss of ¥510 million.」
Revenue growth and earnings improvement following the first and second quarters continued in the nine months ended, with operating income, ordinary income and profit attributable to owners of the parent remaining in positive territory after turning from losses in the same period of the previous year. - FY2018-Q2AdvancedAnnual report
「In the six-month consolidated period, sales were ¥10,990 million, up ¥653 million year on year, as orders grew steadily. Although construction progress at JAFEC USA,Inc. was delayed, steady construction activity in Japan contributed to operating profit of ¥174 million, compared with an operating loss of ¥452 million in the same period of the previous year. Together with an improvement in non-operating income and expenses, this resulted in a significant improvement in ordinary profit to ¥274 million, compared with an ordinary loss of ¥595 million. Quarterly net income attributable to owners of the parent was ¥20 million, compared with a net loss of ¥634 million.」
Revenue increased and earnings improved further following the first quarter. For the six months ended, revenue increased by ¥653 million year on year, and operating income, ordinary income and profit attributable to owners of the parent all turned from losses in the same period of the previous year into profits. - FY2018-Q1First statedAnnual report
「As a result, for the first-quarter cumulative consolidated period, revenue was ¥5,022 million, an increase of ¥851 million year on year, reflecting steady growth in orders received. On a non-consolidated basis, the company recorded ordinary profit of ¥305 million due to steady orders and construction progress, but recorded an operating loss of ¥12 million, compared with a loss of ¥182 million in the same quarter of the previous year, because of delays in construction progress at its U.S. subsidiary JAFEC USA, Inc. Improved non-operating income and expenses resulted in ordinary profit of ¥32 million, compared with an ordinary loss of ¥337 million in the same quarter of the previous year. Net loss attributable to owners of the parent was ¥77 million, compared with a net loss of ¥303 million in the same quarter of the previous year.」
Against a backdrop of steady growth in orders received, revenue increased year on year. The operating loss narrowed from the same quarter of the previous year, and ordinary income turned from a loss into a profit, while the quarterly net loss attributable to owners of the parent continued.