Ability to Handle Large-Scale Projects and Respond to Renovation Demand
First written in FY2016. 17 of 33 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2026.
The Kodensha moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The backlog of construction orders carried forward to the next period increased from ¥45,239 million to ¥49,409 million.」
The backlog of construction orders carried forward to the next period increased from ¥45,239 million at the end of the previous fiscal year to ¥49,409 million. The disclosure also specifically identifies large projects scheduled for completion from fiscal 2026 onward, including the Shinjuku Station West Exit District Development Plan, the MUFG Head Office Building Plan and the Nihon Denshi Akishima Plant. - FY2026-H1AdvancedAnnual report
「During the period, orders received for electrical equipment construction remained strong, primarily driven by orders for large new-build projects and other projects, significantly exceeding the year-earlier level at ¥20,216 million.」
Orders for large new-build projects and other projects increased orders received for electrical equipment construction from ¥17,566 million in the same period of the previous year to ¥20,216 million. The disclosure quantifies progress in securing orders for large projects. - FY2025-H1AdvancedAnnual report
「During the period, orders received for electrical equipment construction remained strong, primarily driven by orders for large projects amid high levels of capital investment and construction investment, significantly exceeding the year-earlier level at ¥17,566 million.」
Against a backdrop of high levels of capital investment and construction investment, the Company secured orders for large projects, bringing orders received for electrical equipment construction to ¥17,566 million, up 21.5% year on year. The disclosure describes progress in securing orders for large projects. - FY2024AdvancedAnnual report
「During the current period, orders received for electrical equipment construction significantly exceeded the year-earlier level at ¥40,917 million, supported by orders for large-scale redevelopment and major renovation projects, as well as steady orders for small and medium-sized projects.」
As orders for large-scale redevelopment and major renovation projects took concrete shape, orders received for electrical equipment construction increased 64.7% year on year to ¥40,917 million. The backlog of construction orders carried forward as of the end of March 2024 was also ¥32,929 million. - FY2024-Q3AdvancedAnnual report
「During the period, orders received for electrical equipment construction exceeded the year-earlier level at ¥22,348 million, supported by orders for large projects as companies' appetite for capital investment recovered, as well as steady orders for small and medium-sized projects.」
In addition to large projects accompanying the recovery in companies' appetite for capital investment, orders for small and medium-sized projects also accumulated, bringing orders received for electrical equipment construction to ¥22,348 million, up 33.4% year on year. The disclosure quantifies progress in securing orders for large projects and renovation demand. - FY2024-Q2AdvancedAnnual report
「During the period, orders received for electrical equipment construction exceeded the year-earlier level at ¥14,461 million, supported by orders for large projects as companies' appetite for capital investment recovered, as well as steady orders for small and medium-sized projects.」
In addition to orders for large projects accompanying the recovery in companies' appetite for capital investment, orders for small and medium-sized projects also accumulated, bringing orders received for electrical equipment construction to ¥14,461 million, up 33.6% year on year. The disclosure describes progress in securing orders for large projects and renovation demand. - FY2023AdvancedAnnual report
「During the current consolidated fiscal year, the market environment surrounding the Company saw a solid recovery in private-sector construction investment, and large-scale redevelopment and renewal projects began to take concrete shape, although uncertainty remained due to factors including surging energy prices driven by geopolitical developments, higher equipment and materials costs caused by the weaker yen, and prolonged delivery delays for industrial equipment.」
As large-scale redevelopment and renewal projects took concrete shape, revenue from electrical equipment construction increased 18.2% year on year to ¥25,553 million. - FY2023-Q3AdvancedAnnual report
「Although positive signs have emerged in the market surrounding the company during the cumulative third quarter period, including a solid recovery in private-sector construction investment and the taking shape of large redevelopment and renovation projects, the outlook remained uncertain owing to soaring energy prices caused by geopolitical risks, rising material and component prices accompanying the depreciation of the yen, and prolonged delivery issues caused by disruptions in parts of the supply chain. Orders received for electrical equipment construction during the period amounted to ¥16,748 million, exceeding the year-earlier period as a result of the proposal-based sales activities steadily carried out since the previous fiscal year.」
The company refers to the taking shape of large redevelopment and renovation projects, and states that orders received for electrical equipment construction increased 4.3% year on year as a result of its proposal-based sales activities. Progress in orders is reported in responding to large projects and renovation demand. - FY2023-Q2AdvancedAnnual report
「Although positive signs have emerged in the market surrounding the company during the cumulative second quarter period, including a recovery in private-sector construction investment and the taking shape of large redevelopment and renovation projects, conditions remained challenging owing to uncertainty over the outlook stemming from geopolitical risks, soaring material and component prices accompanying the rise in crude oil prices and the depreciation of the yen, and supply constraints caused by semiconductor shortages and other factors. Orders received for electrical equipment construction during the period amounted to ¥10,825 million, exceeding the year-earlier period as a result of the proposal-based sales activities steadily carried out since the previous fiscal year. Accordingly, carryover construction orders for the next period, from the third quarter onward, amounted to ¥18,514 million.」
The company refers to the taking shape of large redevelopment and renovation projects, and states that orders received for electrical equipment construction exceeded the year-earlier period as a result of its proposal-based sales activities. Carryover construction orders for the next period also amounted to ¥18,514 million. Measurable progress in orders is reported in responding to large projects and renovation demand. - FY2023-Q1AdvancedAnnual report
「Although some positive signs have emerged, including the taking shape of large redevelopment and renovation projects, a full-scale recovery from the COVID-19 pandemic has yet to be achieved. The overall environment remained challenging owing to uncertainty over the outlook stemming from geopolitical risks, high crude oil prices, rising material and component prices accompanying the depreciation of the yen, and continued supply constraints caused by semiconductor shortages. Orders received for electrical equipment construction during the period amounted to ¥5,480 million, exceeding the year-earlier period as a result of the proposal-based sales activities steadily carried out since the previous fiscal year.」
The company refers to the taking shape of large redevelopment and renovation projects, and orders received for electrical equipment construction rose 32.0% year on year to ¥5,480 million. While measurable progress in orders is shown in responding to large projects and renovation demand, the disclosure states that external conditions, including supply constraints, remain challenging. - FY2022WorsenedAnnual report
「Completed construction revenue declined 11.4% from the previous consolidated fiscal year to ¥21,610 million, mainly owing to repeated postponements and cancellations of orders for small- and medium-sized renovation projects, repair and maintenance work and other projects, as well as constraints on the supply of materials and components.」
Completed construction revenue in the electrical equipment construction business declined 11.4% year on year owing to postponements and cancellations of orders for small- and medium-sized renovation projects, repair and maintenance work and other projects, as well as constraints on materials supply. A deterioration in performance related to large projects and renovation demand was confirmed for the full fiscal year. - FY2022-Q3WorsenedAnnual report
「Electrical equipment construction 16,475 73.5 16,063 73.6 △412 △2.5」
Orders received for electrical equipment construction declined 2.5% year on year, while completed construction revenue declined 13.5%. Performance related to large and renovation projects continues to deteriorate. - FY2022-Q2WorsenedAnnual report
「Because the timing of construction shifted as a result of deferred orders for large new-build projects, small- and medium-sized renovation projects, repair and maintenance work and other projects that had been expected to be awarded, it became difficult to secure the level of sales anticipated at the beginning of the fiscal year. Despite implementing measures such as cost reductions, consolidated results for the cumulative second quarter period ultimately comprised net sales of ¥13,285 million, an operating loss of ¥60 million, an ordinary loss of ¥42 million and a quarterly net loss attributable to owners of the parent of ¥51 million.」
The company was unable to secure the anticipated level of sales owing to deferred orders and shifts in construction timing for large new-build projects, small- and medium-sized renovation projects and repair and maintenance work. The deterioration in performance related to large and renovation projects continues. - FY2022-Q1WorsenedAnnual report
「Electrical equipment construction 5,793 77.6 4,151 69.3 △1,641 △28.3」
Orders received for electrical equipment construction declined from ¥5,793 million in the year-earlier period to ¥4,151 million, a decrease of ¥1,641 million, or 28.3%. While the company is working to improve profitability in medium-sized renovation projects and repair and maintenance work, a decline in orders is reported. - FY2021WorsenedAnnual report
「Mainly owing to reductions in and postponements of capital investment plans by major customers and postponements of renovation projects, net sales were ¥32,424 million, operating income was ¥1,223 million, ordinary income was ¥1,311 million and profit attributable to owners of the parent was ¥885 million. Although the company secured a level in line with the consolidated earnings forecast announced on 4 February 2021, the results fell below the year-earlier period.」
Net sales and earnings fell below the year-earlier period mainly owing to postponements of capital investment plans by major customers and renovation projects. A deterioration in performance related to responding to large projects and renovation demand was confirmed for the full fiscal year as well. - FY2021-Q3WorsenedAnnual report
「Although the company worked to strengthen proposal-based sales capabilities and coordinate across its businesses as measures under its growth strategy, consolidated results for the cumulative third quarter period fell below the year-earlier period owing to declines in repair and maintenance work and large projects and the contraction in sales activities caused by the spread of COVID-19. Net sales were ¥22,726 million, operating income was ¥593 million, ordinary income was ¥664 million and quarterly profit attributable to owners of the parent was ¥425 million.」
Although the company worked to strengthen proposal-based sales capabilities and coordinate across its businesses, net sales and earnings fell below the year-earlier period owing to declines in repair and maintenance work and large projects and the contraction in sales activities. The deterioration in performance related to responding to large projects and renovation demand continues. - FY2021-Q2WorsenedAnnual report
「As a result, consolidated results for the cumulative second quarter period fell below the year-earlier period, with net sales of ¥14,460 million, operating income of ¥254 million, ordinary income of ¥302 million and quarterly profit attributable to owners of the parent of ¥193 million, owing to declines in repair and maintenance work and large projects and the contraction in sales activities caused by the spread of COVID-19.」
Net sales and earnings fell below the year-earlier period owing to declines in repair and maintenance work and large projects and the contraction in sales activities. The deterioration in performance related to responding to large projects and renovation demand is continuing. - FY2021-Q1WorsenedAnnual report
「Against this backdrop, the company is focusing on strengthening its proposal-based sales capabilities and cost competitiveness in its electrical equipment construction business, comprising indoor wiring, social infrastructure and power transmission, and its product sales business, while working to expand business opportunities through coordination across its businesses as a measure under its growth strategy. However, net sales declined 14.2% year on year to ¥5,949 million owing to declines in repair and maintenance work and large projects, as well as restrictions on sales activities resulting from the spread of COVID-19.」
Although the company is working to coordinate across its businesses and strengthen its proposal-based sales capabilities, net sales declined 14.2% year on year owing to declines in repair and maintenance work and large projects and restrictions on sales activities. Performance in responding to large projects and renovation demand has deteriorated. - FY2020WorsenedAnnual report
「In the electrical equipment construction business, orders received amounted to ¥27,873 million, down 8.1% year on year, while completed construction revenue amounted to ¥26,637 million, down 5.8%, owing to a decline in completed projects and other factors.」
Orders received and completed construction revenue fell below the previous year for the full fiscal year owing to declines in large projects, completed projects and other factors. Performance in responding to large projects and renovation demand has deteriorated. - FY2020-Q3WorsenedAnnual report
「The company promoted the strengthening of proposal-based sales in the renovation field, its growth strategy, but revenue totaled ¥2,409.7 million, down 7.7% year on year, due in part to a decline in completed construction revenue from small- and medium-sized projects, despite an increase in completed construction revenue from large-scale projects.」
Although the company continues to strengthen proposal-based sales in the renovation field, net sales declined 7.7% year on year because the decrease in completed construction revenue from small- and medium-sized projects exceeded the increase in completed construction revenue from large projects. - FY2020-Q2WorsenedAnnual report
「Although the company continued to strengthen proposal-based sales in the renovation field as a growth strategy, net sales declined 4.3% year on year to ¥16,011 million owing to lower completed construction revenue resulting from delays in construction progress and other factors. In the electrical equipment construction business, orders received declined 13.4% to ¥12,742 million owing to a decrease in large projects and other factors. Completed construction revenue also declined 5.9% to ¥11,543 million.」
Although the company continues to strengthen proposal-based sales in the renovation field, net sales, orders received and completed construction revenue fell below the year-earlier period owing to delays in construction progress and declines in large projects and other factors. - FY2020-Q1AdvancedAnnual report
「Against this backdrop, net sales rose 2.9% year on year to ¥6,935 million as a result of strengthening proposal-based sales in the renovation field, a growth strategy. In the electrical equipment construction business, orders received declined 9.8% year on year to ¥5,990 million owing to a decrease in large projects, but completed construction revenue increased 1.6% to ¥4,763 million owing to higher completed construction revenue from medium-sized projects.」
The company continues to pursue stronger proposal-based sales in the renovation field as a growth strategy. Net sales rose 2.9% year on year, and completed construction revenue in the electrical equipment construction business increased 1.6% owing to growth in medium-sized projects. Meanwhile, orders received declined 9.8% owing to a decrease in large projects. - FY2019AdvancedAnnual report
「Against this backdrop, completed construction revenue increased as a result of strengthening proposal-based sales in the renovation field, a growth strategy, and net sales rose 10.4% year on year to ¥37,527 million.」
The company continues to pursue stronger proposal-based sales in the renovation field as a growth strategy, resulting in completed construction revenue and net sales above the previous fiscal year. - FY2019-Q3AdvancedAnnual report
「Completed construction revenue increased as a result of strengthening proposal-based sales in the renovation field, a growth strategy, and net sales rose 13.1% year on year to ¥26,109 million.」
The company continues to pursue stronger proposal-based sales in the renovation field as a growth strategy, resulting in higher completed construction revenue and net sales above the year-earlier period. - FY2019-Q2AdvancedAnnual report
「Against this backdrop, completed construction revenue increased as a result of strengthening proposal-based sales in the renovation field, a growth strategy, and net sales rose 10.9% year on year to ¥16,724 million.」
The company explicitly identifies strengthening proposal-based sales, rather than simply strengthening proposal capabilities in the renovation field, as a growth strategy, and states that completed construction revenue and net sales consequently exceeded the year-earlier period. - FY2019-Q1RestatedAnnual report
「Completed construction revenue amounted to ¥4,687 million, down 11.5% year on year, owing to fluctuations in the completion of large projects and other factors.」
The company continues to report that fluctuations in the completion of large projects are affecting completed construction revenue. No achievement in strengthening capabilities to handle large projects or proposal capabilities in the renovation field is shown. - FY2018ReframedAnnual report
「Strengthening proposal capabilities in the renovation field」
The description of the initiative has become more specific, changing from responding to conventional renovation demand to strengthening proposal capabilities in the renovation field under the medium-term strategy. No achievement is reported. - FY2018-Q3RestatedAnnual report
「In the electrical equipment construction business, despite promoting active sales activities, orders received amounted to ¥16,158 million, down 10.8% year on year, while completed construction revenue amounted to ¥16,766 million, down 2.2%, owing mainly to a decline in large projects.」
Although the company promoted active sales activities, orders received and completed construction revenue fell below the year-earlier period owing to the decline in large projects. The company states that the impact of the decline in large projects is continuing. - FY2018-Q2Confirmed the impact of a decline in large projectsAnnual report
「In the electrical equipment construction business, despite promoting active sales activities, orders received amounted to ¥10,611 million, down 18.7% year on year, and completed construction revenue amounted to ¥10,945 million, down 0.9%, owing mainly to a decline in large projects.」
The company states that orders received and completed construction revenue in the electrical equipment construction business fell below the year-earlier period owing to the decline in large projects. As no achievement or new measure to strengthen capabilities for handling large projects is shown, this is recorded as a change in conditions rather than progress. - FY2016First statedAnnual report
「In addition to strengthening the ability to respond to orders for new large projects, the company will respond promptly to customers' renovation needs, as well as」
The company identifies strengthening its ability to secure orders for large projects and respond promptly to customers' renovation demand as priorities.