Increase in Total Assets Due to Increases in Costs on Uncompleted Construction Contracts, Cash and Deposits
First written in FY2019-Q1. 21 of 25 entries say "Reframed", first in FY2019-Q2. Latest entry: FY2026.
Tomoe moved to the "Worse" side of this theme in 2020, 6 years before the typical company in this theme (2026).
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Total assets increased by ¥4,866 million from the end of the previous consolidated fiscal year to ¥121,355 million (¥116,489 million at the end of the previous consolidated fiscal year). This was because investment securities and other assets increased due to higher share prices, despite a decrease in receivables from completed construction contracts and other assets.」
The drivers of the increase in total assets have clearly shifted from cash and construction-related assets to an increase in investment securities resulting from higher share prices. - FY2026-H1ReframedAnnual report
「As of the end of the fiscal year, total assets decreased by ¥990 million from the end of the previous consolidated fiscal year to ¥115,498 million (¥116,489 million at the end of the previous consolidated fiscal year). This was because receivables from completed construction contracts and contract assets decreased, despite an increase in investment securities and other assets.」
Although investment securities and other assets increased, total assets decreased by ¥990 million from the previous fiscal year-end due to a decrease in notes and accounts receivable from completed construction contracts and contract assets. - FY2024-Q3RestatedAnnual report
「As of the end of the fiscal year, total assets increased by ¥13,332 million from the end of the previous consolidated fiscal year to ¥69,899 million (¥56,567 million at the end of the previous consolidated fiscal year). This was because cash and deposits, investment securities and other assets increased, despite a decrease in costs on uncompleted construction contracts and other assets.」
Total assets have continued to increase from the previous fiscal year-end, as the increase in cash and deposits, investment securities and other assets has exceeded the decrease in costs on uncompleted construction contracts and other assets. - FY2024-Q2ReframedAnnual report
「Regarding the financial position, total assets increased by ¥9,790 million from the end of the previous fiscal year to ¥66,358 million (¥56,567 million at the end of the previous fiscal year). This was due to increases in cash and deposits, investment securities and other items, despite a decrease in costs on uncompleted construction contracts and other items.」
Total assets increased from the end of the previous fiscal year, mainly due to increases in cash and deposits, investment securities and other items that exceeded the decrease in costs on uncompleted construction contracts. - FY2024-Q1ReframedAnnual report
「Regarding the financial position, total assets increased by ¥4,158 million from the end of the previous fiscal year to ¥60,726 million (¥56,567 million at the end of the previous fiscal year). This was due to increases in cash and deposits, investment securities and other items, despite a decrease in notes and accounts receivable—completed construction contracts and other receivables, and contract assets.」
Total assets increased by ¥4,158 million from the end of the previous fiscal year. The main factor was an increase in cash and deposits, investment securities and other items that exceeded the decrease in notes and accounts receivable—completed construction contracts and other receivables, and contract assets. - FY2023ReframedAnnual report
「Total assets increased by ¥4,931 million from the end of the previous fiscal year to ¥56,567 million (¥51,635 million in the previous fiscal year). This was due to increases in accounts receivable for completed construction contracts and other receivables, and investment securities, despite decreases in cash and deposits, electronic receivables and other items.」
Total assets increased, but the main drivers shifted from cash and electronic receivables to increases in accounts receivable for completed construction contracts and other receivables, and investment securities. - FY2023-Q3ReframedAnnual report
「Regarding the financial position, total assets increased by ¥4,427 million from the end of the previous fiscal year to ¥56,062 million (¥51,635 million at the end of the previous fiscal year). This was due to increases in cash and deposits, investment securities and other items, despite a decrease in notes and accounts receivable—completed construction contracts and other receivables, and contract assets.」
Total assets increased by ¥4,427 million from the end of the previous fiscal year. The main factor was an increase in cash and deposits, investment securities and other items that exceeded the decrease in notes and accounts receivable—completed construction contracts and other receivables, and contract assets. - FY2023-Q2ReframedAnnual report
「Regarding the financial position, total assets increased by ¥3,097 million from the end of the previous fiscal year to ¥54,733 million (¥51,635 million at the end of the previous fiscal year). This was due to increases in cash and deposits and other items, despite a decrease in notes and accounts receivable—completed construction contracts and other receivables, and contract assets.」
Reversing the decrease in total assets in the previous quarter, total assets increased by ¥3,097 million from the end of the previous fiscal year due to increases in cash and deposits and other items. - FY2023-Q1ReframedAnnual report
「Regarding the financial position, total assets decreased by ¥225 million from the end of the previous fiscal year to ¥51,410 million (¥51,635 million at the end of the previous fiscal year). This was due mainly to a decrease in notes and accounts receivable—completed construction contracts and other receivables, and contract assets, despite increases in cash and deposits, land and other items.」
Total assets decreased from the end of the previous fiscal year. In contrast to the previous explanation of changes in asset composition following application of the revenue recognition accounting standard, this time the decrease in receivables and other items exceeded increases in cash and deposits and land. - FY2022ReframedAnnual report
「Regarding the financial position, due in part to the application of the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards, accounts receivable for completed construction contracts and other receivables increased by ¥4,841 million, and contract assets increased by ¥5,876 million. Costs on uncompleted construction contracts decreased by ¥5,559 million, and deposits received for uncompleted construction contracts decreased by ¥974 million.」
The application of the revenue recognition accounting standard resulted in a shift in the composition of assets and liabilities, with increases in accounts receivable for completed construction contracts and other receivables and contract assets, and decreases in costs on uncompleted construction contracts and deposits received for uncompleted construction contracts. - FY2022-Q3ReframedAnnual report
「Regarding the financial position, due in part to the application of the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards, notes and accounts receivable—completed construction contracts and other receivables, and contract assets, increased by ¥6,846 million, while costs on uncompleted construction contracts decreased by ¥5,974 million. Deposits received for uncompleted construction contracts also decreased by ¥2,993 million.」
The application of the revenue recognition accounting standard resulted in a change in the composition of assets and liabilities, with increases in notes and accounts receivable—completed construction contracts and other receivables and contract assets, and decreases in costs on uncompleted construction contracts and deposits received for uncompleted construction contracts. - FY2022-Q2ReframedAnnual report
「Regarding the financial position, due in part to the application of the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards, notes and accounts receivable—completed construction contracts and other receivables, and contract assets, increased by ¥4,650 million, while costs on uncompleted construction contracts decreased by ¥5,763 million.」
The application of the revenue recognition accounting standard changed the presentation of the former category of notes and accounts receivable—completed construction contracts and other receivables to a category that includes contract assets, resulting in increases in receivables and contract assets and a decrease in costs on uncompleted construction contracts. - FY2022-Q1ReframedAnnual report
「Regarding the financial position, due in part to the application of the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards, notes and accounts receivable—completed construction contracts and other receivables increased by ¥4,825 million, while costs on uncompleted construction contracts decreased by ¥5,956 million.」
The application of the revenue recognition accounting standard resulted in a change in the asset composition, with an increase in notes and accounts receivable—completed construction contracts and other receivables and a decrease in costs on uncompleted construction contracts. Total assets decreased by ¥973 million from the end of the previous fiscal year. - FY2021ReframedAnnual report
「Total assets increased by ¥7,601 million from the end of the previous fiscal year to ¥51,005 million (¥43,404 million in the previous fiscal year). This was due to increases in cash and deposits, investment securities and other items, despite a decrease in notes and accounts receivable—completed construction contracts and other receivables.」
Total assets increased, reversing the decrease in the previous fiscal year, mainly due to increases in cash and deposits and investment securities. - FY2021-Q3RestatedAnnual report
「Regarding the financial position, total assets increased by ¥14,013 million from the end of the previous fiscal year to ¥57,417 million (¥43,404 million at the end of the previous fiscal year). This was due to increases in cash and deposits, costs on uncompleted construction contracts, investment securities and other items, despite a decrease in notes and accounts receivable—completed construction contracts and other receivables.」
Total assets increased by ¥14,013 million from the end of the previous fiscal year. The pattern continued, with increases in cash and deposits, costs on uncompleted construction contracts, investment securities and other items exceeding the decrease in notes and accounts receivable—completed construction contracts and other receivables. - FY2021-Q2ReframedAnnual report
「This was due to increases in cash and deposits, costs on uncompleted construction contracts and investment securities, despite a decrease in notes and accounts receivable—completed construction contracts and other receivables.」
Total assets increased by ¥5,505 million from the end of the previous fiscal year, as increases in cash and deposits, costs on uncompleted construction contracts, investment securities and other items exceeded the decrease in notes and accounts receivable—completed construction contracts and other receivables. - FY2021-Q1ReframedAnnual report
「Regarding the financial position, total assets increased by ¥3,717 million from the end of the previous fiscal year to ¥47,121 million (¥43,404 million at the end of the previous fiscal year). This was due mainly to increases in cash and deposits and investment securities, despite a decrease in notes and accounts receivable—completed construction contracts and other receivables, and other factors.」
Total assets increased by ¥3,717 million from the end of the previous fiscal year. The main factor was an increase in cash and deposits and investment securities that exceeded the decrease in notes and accounts receivable—completed construction contracts and other receivables. - FY2020ReframedAnnual report
「Total assets decreased by ¥11,474 million from the end of the previous fiscal year to ¥43,404 million (¥54,878 million in the previous fiscal year). This was due to decreases in costs on uncompleted construction contracts, cash and deposits, and other items.」
Total assets decreased substantially from the end of the previous fiscal year, mainly due to decreases in costs on uncompleted construction contracts and cash and deposits. - FY2020-Q3ReframedAnnual report
「Regarding the financial position, total assets increased by ¥2,475 million from the end of the previous fiscal year to ¥57,354 million. This was due mainly to an increase in costs on uncompleted construction contracts, despite decreases in cash and deposits, and notes and accounts receivable—completed construction contracts and other receivables.」
Total assets increased by ¥2,475 million from the end of the previous fiscal year. The main factor cited was an increase in costs on uncompleted construction contracts that exceeded decreases in cash and deposits, and notes and accounts receivable—completed construction contracts and other receivables. - FY2020-Q2RestatedAnnual report
「This was due mainly to an increase in costs on uncompleted construction contracts, despite decreases in notes and accounts receivable—completed construction contracts and other receivables, and investment securities.」
Total assets increased by ¥1,176 million from the end of the previous fiscal year, as the increase in costs on uncompleted construction contracts exceeded decreases in notes and accounts receivable—completed construction contracts and other receivables, and investment securities. - FY2020-Q1ReframedAnnual report
「Regarding the financial position, total assets increased by ¥444 million from the end of the previous fiscal year to ¥55,323 million (¥54,878 million at the end of the previous fiscal year). This was due mainly to an increase in costs on uncompleted construction contracts, despite decreases in notes and accounts receivable—completed construction contracts and other receivables, and investment securities.」
Total assets increased by ¥444 million from the end of the previous fiscal year. The main factor cited was an increase in costs on uncompleted construction contracts, despite decreases in notes and accounts receivable—completed construction contracts and other receivables, and investment securities. - FY2019ReframedAnnual report
「Regarding the financial position, total assets increased by ¥3,008 million from the end of the previous fiscal year to ¥54,878 million (¥51,870 million at the end of the previous fiscal year). This was due to increases in cash and deposits, notes and accounts receivable—completed construction contracts and other receivables, and other items.」
Total assets increased by ¥3,008 million from the end of the previous fiscal year. On an annual basis, the main factors were organized as increases in cash and deposits, and notes and accounts receivable—completed construction contracts and other receivables, rather than the increases in costs on uncompleted construction contracts and cash previously reported on a quarterly basis. - FY2019-Q3ReframedAnnual report
「Total assets increased by ¥4,275 million from the end of the previous fiscal year to ¥56,145 million. This was due mainly to increases in notes and accounts receivable—completed construction contracts and other receivables, and costs on uncompleted construction contracts, despite a decrease resulting from the sale of real estate for sale and other factors.」
Despite a decrease in real estate for sale, total assets increased by ¥4,275 million from the end of the previous fiscal year, mainly due to increases in notes and accounts receivable—completed construction contracts and other receivables, and costs on uncompleted construction contracts. - FY2019-Q2ReframedAnnual report
「Total assets increased by ¥10,144 million from the end of the previous fiscal year to ¥62,014 million (¥51,870 million at the end of the previous fiscal year). This was due mainly to increases in costs on uncompleted construction contracts and cash and deposits, despite a decrease resulting from the sale of real estate for sale and other factors.」
Despite a decrease in real estate for sale, total assets increased by ¥10,144 million from the end of the previous fiscal year, mainly due to increases in costs on uncompleted construction contracts and cash and deposits. - FY2019-Q1First statedAnnual report
「Total assets increased by ¥6,386 million from the end of the previous fiscal year to ¥58,257 million (¥51,870 million at the end of the previous fiscal year). This was due mainly to increases in costs on uncompleted construction contracts and cash and deposits, despite a decrease resulting from the sale of real estate for sale and other factors.」
Despite a decrease in real estate for sale, total assets increased by ¥6,386 million from the end of the previous fiscal year, mainly due to increases in costs on uncompleted construction contracts and cash and deposits.