Higher Revenue, Lower Operating Profit and Declining Orders in the Building and Civil Engineering Businesses
First written in FY2023-Q2. 1 of 10 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 29 of 142 companies on the "Worse" side.
86 other companies' latest entry also says "Other".
- FY2027-H1Lower sales, higher operating income, and continued decline in ordersAnnual report
「Although both the Building Construction Business and the Civil Engineering Business were affected by the reaction to the progress of large-scale projects in the same period of the previous year, high profit margins have been maintained due in part to progress in obtaining profitable additional and modified construction work. Orders declined due to the reaction to large-scale construction-related projects in the same period of the previous year, but favourable ordering conditions continued.」
Although sales and orders were affected by the reaction to the progress of large-scale construction projects in the same period of the previous year, the company maintained a high profit margin by securing additional and change-order work. - 2026-09-10OtherRevision of earnings forecasts
「Although both the Building Construction Business and the Civil Engineering Business were affected by the reaction to the progress of large-scale projects in the same period of the previous year, high profit margins have been maintained due in part to progress in obtaining profitable additional and modified construction work. Orders declined due to the reaction to large-scale construction-related projects in the same period of the previous year, but favourable ordering conditions continued.」
Orders declined due to the reaction to progress on large-scale projects, while high profit margins were maintained through additional and modified construction work. - FY2026-H1Higher revenue, higher profit and strong ordersAnnual report
「Revenue and profit increased in both the building construction and civil engineering businesses as the progress of large-scale projects and the acquisition of additional and change-order work contributed to higher revenue and improved profitability. In the building construction business in particular, the pass-through of higher materials and labor costs into order prices progressed, and profitability on large-scale public-sector projects improved. The favorable order environment also continued, with progress generally in line with plan. Orders remained strong for large-scale public-sector projects in the building construction business and private-sector projects in the civil engineering business.」
The building and civil engineering business generated higher revenue and profit due to progress on large-scale projects, additional and change-order work, the pass-through of higher costs and improved profitability, while orders remained strong. - FY2025-H1Higher revenue, higher profit and strong ordersAnnual report
「Although construction costs in both the building construction and civil engineering businesses were trending upward, revenue increased as work on hand grew steadily against the backdrop of strong construction demand continuing from the previous fiscal year, and favorable progress on large-scale projects ordered from the previous fiscal year through the current interim consolidated accounting period contributed to the increase. Orders also remained strong as a result of strategic initiatives, including stronger proposal capabilities for competitive projects.」
The building and civil engineering business generated higher revenue and profit as work on hand and large-scale projects progressed, while orders remained strong due in part to stronger proposal capabilities for competitive projects. - FY2024Higher revenue, higher profit and strong ordersAnnual report
「Profitability in the building construction business improved through the acquisition of additional and change-order work, and orders in both the building construction and civil engineering businesses remained strong as private-sector capital investment sentiment recovered.」
The building and civil engineering business generated revenue of ¥274,653 million and operating profit of ¥12,904 million, with strong orders driven by additional and change-order work and the recovery in private-sector capital investment sentiment. - FY2024-Q3RestatedAnnual report
「Profitability in the building construction business improved through the acquisition of additional and change-order work, while orders in both the building construction and civil engineering businesses continued to improve as private-sector capital investment sentiment recovered.」
The improving trend in orders, driven by improved profitability from additional and change-order work and the recovery in private-sector capital investment sentiment, has continued. - FY2024-Q2Lower revenue, higher operating profit and improving ordersAnnual report
「Profitability in the building construction business improved through the acquisition of additional and change-order work, while orders in both the building construction and civil engineering businesses continued to improve as private-sector capital investment sentiment recovered.」
Revenue in the building and civil engineering business declined 5.8% year on year, while operating profit increased 1.8%, and orders in both the building construction and civil engineering businesses showed an improving trend. - FY2024-Q1Higher revenue, lower operating profit and declining ordersAnnual report
「Revenue for this business in the first quarter of the current consolidated fiscal year was ¥57,980 million, down 8.0% year on year, while operating profit was ¥3,055 million, down 9.7%. Although profitability in the building construction business improved through the acquisition of additional and change-order work, orders declined due in part to prolonged negotiations over construction contracts caused by soaring materials prices.」
Revenue and operating profit in the building and civil engineering business declined year on year, and orders also fell due in part to prolonged negotiations caused by soaring materials prices. - FY2023-Q3Higher revenue, lower operating profit and continued decline in ordersAnnual report
「Revenue for this business in the first 9 months of the current consolidated fiscal year was ¥218,215 million, up 12.3% year on year, while operating profit was ¥9,715 million, down 27.2%. Revenue increased due to the recognition of revenue from several large projects in the building construction business. Orders, however, declined because of lower demand for large-scale construction work, the impact of soaring materials prices and a reactionary decline following several large project orders received in the previous fiscal year.」
The building and civil engineering business generated higher revenue through the recognition of revenue from large projects, but operating profit and orders continued to decline. The stated factors were lower demand, soaring materials prices and a reactionary decline following large projects in the previous fiscal year. - FY2023-Q2First statedAnnual report
「Revenue for this business in the first six months of the current consolidated fiscal year was ¥145,956 million, up 6.5% year on year, while operating profit was ¥7,562 million, down 35.6%. Revenue increased due to the recognition of revenue from several large projects in the building construction business. Orders, however, declined because of lower demand for large-scale construction work, the impact of soaring materials prices and a reactionary decline following several large project orders received in the previous fiscal year.」
The building and civil engineering business generated higher revenue but lower operating profit, while orders declined due to lower demand for large-scale construction work, soaring materials prices and a reactionary decline following large project orders in the previous fiscal year.