Improving Profitability through Fixed-Cost Reductions
First written in FY2016. 8 of 17 entries say "Advanced", first in FY2016. Latest entry: FY2026.
89 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Gross profit on completed construction contracts for the fiscal year was ¥27,190 million, up 23.6% year on year. Operating income was ¥15,128 million (¥11,346 million in the previous consolidated fiscal year).」
Gross profit on completed construction contracts and operating income exceeded the previous fiscal year as a result of efforts to improve profitability, upgrade project management and improve the efficiency of construction operations. - FY2026-H1AdvancedAnnual report
「During this period, the Company worked to sustainably enhance corporate value through initiatives including productivity improvements from more extensive use of BIM and more efficient management of materials and equipment by establishing its proprietary logistics and processing network system, “SNK-SOLNet”; support for energy audits and optimization of customers’ facilities through the rollout of the “EnergyQuest®” series of optimal heat-source control systems; stronger efforts toward carbon neutrality, including the introduction of renewable energy; technological development through joint research with universities and research institutions and initiatives in space-related fields; and enhancement of its personnel development and training capabilities. As a result of these initiatives, performance for the current interim consolidated accounting period reached record highs across all items. Net sales from completed construction contracts were ¥6,485 million, up 18.4% from the previous interim consolidated accounting period; operating income was ¥5,380 million, up 116.1%; ordinary income was ¥5,825 million, up 103.5%; and interim net income attributable to owners of the parent was ¥3,983 million, up 112.3%, resulting in a significant increase in profit.」
The company reports record-high performance and a significant increase in profit as the result of multiple initiatives to improve productivity, optimize energy use, develop technology and train personnel. - FY2025AdvancedAnnual report
「Gross profit on completed construction contracts for the fiscal year was ¥22,002 million, up 17.7% year on year. Operating income was ¥11,346 million, up 22.9% year on year.」
While continuing profit-generation activities across the Group, gross profit on completed construction contracts, operating income, ordinary income and net income attributable to owners of the parent exceeded the previous fiscal year, setting a new record for profit improvement. - FY2025-H1Increase in interim-period profitAnnual report
「Net sales from completed construction contracts were ¥5,473 million, up 16.6% from the previous interim consolidated accounting period; operating income was ¥2,490 million, up 75.9%; ordinary income was ¥2,862 million, up 69.4%; and interim net income attributable to owners of the parent was ¥1,876 million, up 66.1%.」
Interim-period operating income, ordinary income and interim net income exceeded the same period of the previous year. However, the main text does not explicitly attribute this increase in profit to any specific profit-generation measures. - FY2024AdvancedAnnual report
「Gross profit on completed construction contracts for the fiscal year was ¥18,699 million, up 19.3% year on year. Operating income was ¥9,235 million, up 29.6% year on year.」
While continuing efforts to generate profit, gross profit on completed construction contracts, operating income, ordinary income and net income attributable to owners of the parent each exceeded the previous fiscal year. - FY2022-Q2Increase in profit in the second quarterAnnual report
「Operating income was ¥2,346 million (¥1,393 million in the same quarter of the previous year), ordinary income was ¥2,633 million (¥1,676 million), and net income attributable to owners of the parent was ¥1,826 million (¥1,214 million).」
Operating income, ordinary income and net income attributable to owners of the parent for the cumulative second quarter exceeded the same period of the previous year. The main text does not explicitly attribute these increases in profit to any specific profit improvement measures. - FY2022-Q1First-quarter profit growthAnnual report
「Completed construction revenue was ¥20.247 billion, up 8.4% year on year; operating profit was ¥1.472 billion, compared with ¥940 million in the same quarter of the previous year; ordinary profit was ¥1.758 billion, compared with ¥368 million; and quarterly net income attributable to owners of the parent was ¥1.252 billion, compared with ¥314 million.」
First-quarter operating profit, ordinary profit and quarterly net income attributable to owners of the parent exceeded the levels in the same period of the previous year. The text does not explicitly attribute this increase to any specific profit-improvement measure. - FY2021-Q3Increase in profit for the cumulative third quarterAnnual report
「Operating profit was ¥3.479 billion, compared with ¥1.935 billion in the same quarter of the previous year; ordinary profit was ¥3.879 billion, compared with ¥2.352 billion; and quarterly net income attributable to owners of the parent was ¥2.705 billion, compared with ¥1.697 billion.」
The Group disclosed that cumulative third-quarter operating profit, ordinary profit and quarterly net income attributable to owners of the parent exceeded the levels in the same period of the previous year. The text does not attribute the results to any specific profit-improvement measure. - FY2021-Q2Increase in profit in the second quarterAnnual report
「Amid these conditions, the Group's results for the cumulative second quarter of the fiscal year under review were as follows: completed construction revenue of ¥44.138 billion, down 15.5% year on year; operating profit of ¥1.393 billion, compared with ¥1.265 billion in the same quarter of the previous year; ordinary profit of ¥1.676 billion, compared with ¥1.530 billion; and quarterly net income attributable to owners of the parent of ¥1.214 billion, compared with ¥979 million.」
Operating profit, ordinary profit and quarterly net income attributable to owners of the parent increased year on year. However, the text does not attribute this increase to any specific profit-improvement measure. - FY2020AdvancedAnnual report
「In the consolidated fiscal year under review, initiatives to generate profit across the Group produced results, and gross profit on completed construction increased 26.1% year on year to ¥14.186 billion.」
Group-wide profit-generation initiatives produced results, with gross profit on completed construction increasing 26.1%, operating profit 65.0% and ordinary profit 60.8%. - FY2020-Q3Quarterly earnings recoveryAnnual report
「Revenue from completed construction contracts was ¥80.785 billion, up 0.8% year on year; operating profit was ¥1.935 billion, compared with ¥1.508 billion in the same quarter of the previous year; ordinary profit was ¥2.352 billion, compared with ¥1.827 billion; and profit attributable to owners of the parent was ¥1.697 billion, compared with ¥1.328 billion.」
Operating profit, ordinary profit, and profit attributable to owners of the parent increased year on year. The disclosure does not attribute these increases to any specific earnings-improvement measures. - FY2019Earnings decline due to deteriorating profitability on large-scale projectsAnnual report
「Although completed construction sales increased as the order environment remained firm, completed construction gross profit declined 5.9% year on year to ¥11.252 billion, owing to deteriorating profitability on certain large-scale projects, mainly in the Tokyo metropolitan area.」
In contrast to the previously reported results of Group-wide earnings-generation initiatives, gross profit on completed construction contracts, operating profit, ordinary profit, and net profit fell below the previous fiscal year due to deteriorating profitability on large-scale projects. - FY2018RestatedAnnual report
「Gross profit on completed construction contracts increased to ¥11.956 billion, up 9.7% year on year, as a result of a firm order environment, higher revenue from completed construction contracts, and Group-wide initiatives to generate earnings.」
The broader description of earnings improvement, from fixed-cost reduction to initiatives to generate earnings, has continued, with gross profit on completed construction contracts increasing. - FY2017ReframedAnnual report
「In terms of earnings, as a result of a firm order environment, higher revenue from completed construction contracts, and Group-wide initiatives to generate earnings, gross profit on completed construction contracts increased 10.5% year on year to ¥10.899 billion, operating profit increased 14.4% to ¥3.897 billion, ordinary profit increased 13.9% to ¥4.217 billion, and profit attributable to owners of the parent increased 24.6% to ¥2.934 billion.」
The description of earnings improvement has broadened from “efforts to reduce fixed costs” to Group-wide “initiatives to generate earnings.” - FY2016AdvancedAnnual report
「As a result of robust order conditions and thorough efforts to reduce fixed costs across the Group, gross profit on completed construction increased 18.3% year on year to ¥9.860 billion, operating profit increased 59.0% to ¥3.405 billion, and ordinary profit increased 44.2% to ¥3.702 billion.」
The company attributed increases in gross profit on completed construction, operating profit, and ordinary profit to thorough fixed-cost reductions across the Group.