Change in estimate for provision for warranties on completed construction
First written in FY2026-H1. 1 of 2 entries say "Advanced", first in 2026-04-28. Latest entry: 2026-04-28.
The whole theme swung hardest in 2024: 4 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- 2026-04-28AdvancedEarnings
「As a result, operating profit, ordinary profit and profit before income taxes for the consolidated fiscal year each decreased by ¥118 million.」
The impact on profit of a change in the estimate for the provision for compensation for completed construction was quantified in the full-year results, following its mention in the interim disclosure. - FY2026-H1First statedAnnual report
「As more precise estimates became possible for additional costs incurred at no charge after construction completion, the estimates were revised and recorded as a provision for warranties on completed construction, included under “Provisions” in “Current liabilities.” As a result, operating profit, ordinary profit and interim profit before income taxes for the current interim consolidated accounting period each decreased by ¥74 million.」
The estimate for additional costs incurred at no charge after construction completion was revised, and a provision for warranties on completed construction was recorded. As a result, operating profit, ordinary profit and interim profit before income taxes each decreased by ¥74 million.