Accepting Orders for Construction Projects Expected to Incur Losses
First written in FY2016. 15 of 30 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
57 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Provision for construction losses ¥183 million ¥5 million」
The provision for construction losses decreased significantly, from ¥183 million at the end of the previous fiscal year to ¥5 million. The risk indicator for unprofitable construction projects had declined. - FY2026-H1MitigatedAnnual report
「Provision for construction losses 183 13」
The provision for construction losses decreased by ¥170 million, from ¥183 million at the end of the previous consolidated fiscal year to ¥13 million at the end of the current interim period, indicating a decline in the risk indicator for unprofitable construction projects. - FY2025-H1MitigatedAnnual report
「Provision for construction losses 467 250」
The provision for construction losses decreased by ¥217 million, from ¥467 million at the end of the previous consolidated fiscal year to ¥250 million at the end of the current interim period. The risk indicator for unprofitable construction projects had declined as of the interim period. - FY2024WorsenedAnnual report
「Provision for construction losses ¥293 million ¥467 million」
The provision for construction losses increased from ¥293 million at the end of the previous fiscal year to ¥467 million, and the expense related to the provision was also ¥293 million. The risk indicator for unprofitable construction projects deteriorated over the full fiscal year. - FY2024-Q3WorsenedAnnual report
「Provision for construction losses 293 501」
The provision for construction losses increased by ¥208 million, from ¥293 million at the end of the previous consolidated fiscal year to ¥501 million at the end of the third quarter of the current fiscal year. The risk indicator for unprofitable construction projects deteriorated during the cumulative quarter period. - FY2024-Q2MitigatedAnnual report
「Provision for construction losses 293 209」
The provision for construction losses decreased by ¥84 million, from ¥293 million at the end of the previous consolidated fiscal year to ¥209 million at the end of the second quarter of the current fiscal year. The provision for unprofitable construction projects declined on a quarterly basis. - FY2024-Q1MitigatedAnnual report
「Provision for construction losses 293 254」
The provision for construction losses decreased by ¥39 million, from ¥293 million at the end of the previous consolidated fiscal year to ¥254 million at the end of the first quarter of the current fiscal year. The risk indicator for unprofitable construction projects declined on a quarterly basis. - FY2023WorsenedAnnual report
「Provision for construction losses ¥230 million ¥293 million」
The provision for construction losses increased from ¥230 million at the end of the previous fiscal year to ¥293 million, indicating a deterioration in the risk indicator for unprofitable construction projects. - FY2023-Q3WorsenedAnnual report
「Provision for construction losses 230 257」
The provision for construction losses increased from ¥230 million at 31 March 2022 to ¥257 million at 31 December 2022. The risk indicator for unprofitable construction projects deteriorated during the cumulative quarter period. - FY2023-Q1WorsenedAnnual report
「Provision for construction losses 230 276」
The provision for construction losses increased from ¥230 million at 31 March 2022 to ¥276 million at 30 June 2022. Together with the disclosure of deteriorating profitability due to additional work on a large project, this confirms an increase in the risk indicator for unprofitable construction projects. - FY2022WorsenedAnnual report
「Expense related to the provision for construction losses included in cost of sales: ¥202 million in the previous consolidated fiscal year; ¥230 million in the current consolidated fiscal year」
The balance of the provision for construction losses increased from ¥202 million at the end of the previous fiscal year to ¥230 million at the end of the current fiscal year, and the expense related to the provision was also ¥202 million. The risk indicator for unprofitable construction projects deteriorated over the full fiscal year. - FY2022-Q3MitigatedAnnual report
「Provision for construction losses 202 132」
The provision for construction losses decreased from ¥202 million at 31 March 2021 to ¥132 million at 31 December 2021, indicating a decline in the provision for unprofitable construction projects. - FY2022-Q2MitigatedAnnual report
「Provision for construction losses 202 152」
The provision for construction losses decreased from ¥202 million at 31 March 2021 to ¥152 million at 30 September 2021, indicating a decline in the provision for unprofitable construction projects. - FY2022-Q1MitigatedAnnual report
「Provision for construction losses 202 183」
The provision for construction losses decreased from ¥202 million at the end of the previous consolidated fiscal year to ¥183 million at the end of the first quarter of the current fiscal year. The provision for unprofitable construction projects declined. - FY2021WorsenedAnnual report
「Expense related to the provision for construction losses included in cost of sales: ¥43 million in the previous consolidated fiscal year; ¥202 million in the current consolidated fiscal year」
The balance of the provision for construction losses increased from ¥58 million at the end of the previous fiscal year to ¥202 million, and the expense related to the provision also increased from ¥43 million to ¥202 million. The risk indicator for unprofitable construction projects deteriorated over the full fiscal year. - FY2021-Q3MitigatedAnnual report
「Provision for construction losses 58 15」
The provision for construction losses decreased from ¥58 million at the end of the previous consolidated fiscal year to ¥15 million at the end of the third quarter of the current fiscal year. The provision for unprofitable construction projects declined. - FY2021-Q2MitigatedAnnual report
「Provision for construction losses ¥58 million ¥31 million」
The provision for construction losses decreased from ¥58 million at the end of the previous consolidated fiscal year to ¥31 million at the end of the second quarter of the current fiscal year. The provision for unprofitable construction projects declined. - FY2021-Q1MitigatedAnnual report
「Provision for construction losses 58 45」
The provision for construction losses decreased from ¥58 million at the end of the previous consolidated fiscal year to ¥45 million at the end of the first quarter of the current fiscal year. The provision for unprofitable construction projects declined. - FY2020MitigatedAnnual report
「Provision for construction losses 71 58」
The provision for construction losses decreased from ¥71 million at the end of the previous fiscal year to ¥58 million, and the expense related to the provision for construction losses for the current fiscal year also decreased from ¥56 million to ¥43 million. The provision for risks related to unprofitable construction projects declined. - FY2020-Q3WorsenedAnnual report
「Provision for construction losses 71 73」
The provision for construction losses increased from ¥71 million at the end of the previous consolidated fiscal year to ¥73 million at the end of the third quarter of the current consolidated fiscal year. The provision for unprofitable construction projects increased, but there is no statement that the losses have actually been finalized. This is recorded as an increase in the ongoing risk indicator. - FY2020-Q2WorsenedAnnual report
「Provision for construction losses 71 86」
The provision for construction losses increased from ¥71 million at the end of the previous consolidated fiscal year to ¥86 million at the end of the second quarter of the current consolidated fiscal year. The provision for unprofitable construction projects increased. - FY2020-Q1WorsenedAnnual report
「Provision for construction losses 71 81」
The provision for construction losses increased from ¥71 million at the end of the previous consolidated fiscal year to ¥81 million at the end of the first quarter of the current consolidated fiscal year. The provision for unprofitable construction projects increased, but there is no statement that the losses have actually been finalized. - FY2019WorsenedAnnual report
「Provision for construction losses 24 71」
The provision for construction losses increased from ¥24 million at the end of the previous fiscal year to ¥71 million at the end of the current fiscal year. The expense related to the provision for construction losses was also ¥56 million, indicating an increase in the provision for unprofitable construction projects. - FY2019-Q3WorsenedAnnual report
「Provision for construction losses 24 67」
The provision for construction losses increased from ¥24 million at the end of the previous consolidated fiscal year to ¥67 million at the end of the third quarter of the current consolidated fiscal year. The provision for unprofitable construction projects increased, but there is no statement that the losses have actually been finalized. - FY2019-Q2WorsenedAnnual report
「Provision for construction losses 24 51」
The provision for construction losses increased from ¥24 million at the end of the previous consolidated fiscal year to ¥51 million at the end of the second quarter of the current fiscal year. The provision for risks related to unprofitable construction projects increased further, but there is no statement that the losses have actually been finalized. - FY2019-Q1WorsenedAnnual report
「Provision for construction losses 24 38」
The provision for construction losses increased from ¥24 million at the end of the previous consolidated fiscal year to ¥38 million at the end of the first quarter of the current fiscal year. The provision for risks related to unprofitable construction projects increased, but there is no statement that the losses have actually been finalized. - FY2018MitigatedAnnual report
「The amount shown as “decrease during the current fiscal year (other)” for the provision for construction losses represents the amount reversed as the profitability of the construction projects subject to the provision improved.」
Although the risk disclosure concerning construction projects expected to incur losses continues, the provision for construction losses decreased from ¥149 million to ¥24 million, with the disclosure referring to reversals resulting from improved profitability on the projects subject to the provision. - FY2016First statedAnnual report
「Amid continuing difficult order conditions, if the Company receives orders for construction projects expected to incur losses, this may affect results through the recognition of a provision for construction losses.」
The disclosure describes the possibility of receiving unprofitable construction orders and recognizing a provision for construction losses amid difficult order conditions.