Komori
Yamato (1967) · RiskMitigated

Loss-Making Construction Projects and Additional Costs

First written in FY2016. 17 of 31 entries say "Mitigated", first in FY2019. Latest entry: FY2027-H1.

31entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017MitigatedFY2020-Q2 – FY2021-Q3MitigatedFY2025-Q1 – FY2026-H12016: 120162017: 120172018: 320182019: 420192020: 420202021: 420212022: 420222023: 320232024: 320242025: 220252026: 22026
Same theme, other companies
Cost, Schedule and Profitability Risk in Construction Contracting ProjectsA theme 37 companies write about · 37 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2019: 6 of 17 companies on the "Worse" side.

13 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 37 companies compared. The sentences above are computed from all 37.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1MitigatedAnnual report

    「Construction loss provision 54,226 43,475」

    The provision for construction losses decreased from ¥54.226 million at the end of the previous fiscal year to ¥43.475 million at the end of the interim period, reducing the scale of the risk of unprofitable projects and additional costs recognized in the accounts. However, a provision balance remains.
  2. FY2026WorsenedAnnual report

    「The amount charged to the provision for construction losses included in cost of sales was as follows:……Current consolidated fiscal year　¥54.226 million」

    The charge to the provision for construction losses increased from ¥18.374 million in the previous fiscal year to ¥54.226 million, indicating an increase in the risk of unprofitable projects and additional costs as reflected in the accounts.
  3. FY2026-H1MitigatedAnnual report

    「Provision for construction losses 18,374 11,979」

    The provision for construction losses decreased from ¥18.374 million at the end of the previous fiscal year to ¥11.979 million at the end of the interim period, reducing the scale of the risk of unprofitable projects and additional costs recognized in the accounts.
  4. FY2025MitigatedAnnual report

    「Provision for construction losses　255,978　18,374」

    The provision for construction losses decreased from ¥255.978 million in the previous fiscal year to ¥18.374 million, reducing the scale of the risk of unprofitable projects and additional costs recognized in the accounts.
  5. FY2025-Q1MitigatedAnnual report

    「Construction loss provision 255,978 209,456」

    The provision for construction losses decreased from ¥255.978 million at the end of the previous consolidated fiscal year to ¥209.456 million at the end of the first quarter of the current fiscal year. The risk of unprofitable projects and additional costs remains, but the accounting provision balance has declined.
  6. FY2024WorsenedAnnual report

    「The provision for construction losses increased substantially from the previous fiscal year, due to the acceptance of construction projects with low profitability as a result of changes in the business environment that could not have been predicted when the orders were received.」

    The provision for construction losses increased substantially from ¥11.113 million in the previous fiscal year to ¥255.978 million, confirming a full-year expansion in the risk of unprofitable construction projects.
  7. FY2024-Q3WorsenedAnnual report

    「Provision for construction losses　11,113　300,123」

    The provision for construction losses increased from ¥11.113 million at the end of the previous consolidated fiscal year to ¥300.123 million at the end of the third quarter of the current fiscal year, indicating a further increase in the risk of unprofitable projects and additional costs as reflected in the accounts.
  8. FY2024-Q2MaterialisedAnnual report

    「There were also cases of unprofitable construction projects arising from, among other factors, construction material prices rising beyond expectations. Provision for construction losses 11,113 255,796」

    The company explicitly reports the occurrence of unprofitable construction projects, and the provision for construction losses increased from ¥11.113 million at the end of the previous consolidated fiscal year to ¥255.796 million.
  9. FY2024-Q1WorsenedAnnual report

    「Construction loss provision 11,113 33,287」

    The provision for construction losses increased from ¥11.113 million at the end of the previous consolidated fiscal year to ¥33.287 million at the end of the first quarter of the current fiscal year, indicating an increase in the risk of unprofitable projects and additional costs as reflected in the accounts.
  10. FY2023-Q3MitigatedAnnual report

    「Construction loss provision 21,917 4,800」

    The provision for construction losses decreased from ¥21.917 million at the end of the previous consolidated fiscal year to ¥4.800 million at the end of the third quarter of the current fiscal year, reducing the accounting provision balance. The risk of unprofitable projects and additional costs remains.
  11. FY2023-Q2MitigatedAnnual report

    「Construction loss provision 21,917 7,336」

    The provision for construction losses decreased from ¥21.917 million at the end of the previous consolidated fiscal year to ¥7.336 million at the end of the second quarter of the current fiscal year, reducing the accounting provision balance.
  12. FY2023-Q1WorsenedAnnual report

    「Construction loss provision 21,917 23,113」

    The provision for construction losses increased from ¥21.917 million at the end of the previous consolidated fiscal year to ¥23.113 million at the end of the first quarter of the current fiscal year, indicating a slight increase in the risk of unprofitable projects and additional costs as reflected in the accounts.
  13. FY2022MitigatedAnnual report

    「The amount charged to the provision for construction losses included in cost of completed construction contracts was as follows:……Current consolidated fiscal year　¥21.917 million」

    The charge to the provision for construction losses decreased from ¥53.681 million in the previous fiscal year to ¥21.917 million, reducing the scale of the unprofitable construction risk recognized in the accounts.
  14. FY2022-Q3MitigatedAnnual report

    「Construction loss provision 53,681 3,770」

    The provision for construction losses decreased from ¥53.681 million at the end of the previous consolidated fiscal year to ¥3.770 million at the end of the third quarter of the current fiscal year, substantially reducing the accounting provision balance.
  15. FY2022-Q2MitigatedAnnual report

    「Construction loss provision 53,681 790」

    The provision for construction losses decreased from ¥53.681 million at the end of the previous consolidated fiscal year to ¥790,000 at the end of the second quarter of the current fiscal year, substantially reducing the accounting provision balance.
  16. FY2022-Q1MitigatedAnnual report

    「Construction loss provision 53,681 20,138」

    The provision for construction losses decreased from ¥53.681 million at the end of the previous consolidated fiscal year to ¥20.138 million at the end of the first quarter of the current fiscal year. The risk of unprofitable projects and additional costs remains, but the accounting provision balance has declined.
  17. FY2021WorsenedAnnual report

    「The amount charged to the provision for construction losses included in cost of completed construction contracts was as follows:……Current consolidated fiscal year　¥53.681 million」

    The charge to the provision for construction losses increased from ¥7.013 million in the previous fiscal year to ¥53.681 million, indicating that the risk of unprofitable projects and additional costs has again expanded in the accounts.
  18. FY2021-Q3MitigatedAnnual report

    「Construction loss provision 7,013 598」

    The provision for construction losses decreased from ¥7.013 million at the end of the previous consolidated fiscal year to ¥598,000 at the end of the third quarter of the current fiscal year, further reducing the accounting provision balance.
  19. FY2021-Q2MitigatedAnnual report

    「Construction loss provision 7,013 1,184」

    The provision for construction losses decreased from ¥7.013 million at the end of the previous consolidated fiscal year to ¥1.184 million at the end of the second quarter of the current fiscal year. The risk of unprofitable projects and additional costs remains, but the accounting provision balance has declined further.
  20. FY2021-Q1MitigatedAnnual report

    「Construction loss provision 7,013 620」

    The provision for construction losses decreased from ¥7.013 million at the end of the previous consolidated fiscal year to ¥620,000 at the end of the first quarter of the current fiscal year. The risk of unprofitable projects and additional costs remains, but the accounting provision balance has declined substantially.
  21. FY2020MitigatedAnnual report

    「The amount charged to the provision for construction losses included in cost of completed construction contracts was as follows:……Current consolidated fiscal year　¥7.013 million」

    The charge to the provision for construction losses decreased from ¥82.920 million in the previous fiscal year to ¥7.013 million, reducing the scale of the unprofitable construction risk recognized in the accounts.
  22. FY2020-Q3MitigatedAnnual report

    「Construction loss provision 82,920 54,615」

    The provision for construction losses decreased from ¥82.920 million at the end of the previous consolidated fiscal year to ¥54.615 million at the end of the third quarter of the current fiscal year. The risk of unprofitable projects and additional costs remains, but the accounting provision balance has declined further.
  23. FY2020-Q2MitigatedAnnual report

    「Construction loss provision 82,920 58,268」

    The provision for construction losses decreased from ¥82.920 million at the end of the previous consolidated fiscal year to ¥58.268 million at the end of the second quarter of the current fiscal year. The risk of unprofitable projects and additional costs remains, but the accounting provision balance has declined.
  24. FY2020-Q1WorsenedAnnual report

    「Construction loss provision 82,920 134,103」

    The provision for construction losses increased from ¥82.920 million at the end of the previous consolidated fiscal year to ¥134.103 million at the end of the first quarter of the current fiscal year, indicating a further increase in the risk of unprofitable projects and additional costs as reflected in the accounts.
  25. FY2019MitigatedAnnual report

    「The amount charged to the provision for construction losses included in cost of completed construction contracts was as follows:……Current consolidated fiscal year　¥82.920 million」

    The charge to the provision for construction losses decreased from ¥225.370 million in the previous fiscal year to ¥82.920 million, but the risk of unprofitable projects and additional costs continues to be recognized in the accounts.
  26. FY2019-Q3MaterialisedAnnual report

    「Construction loss provision 225,370 86,380」

    The provision for construction losses fell from ¥225.370 million at the end of the previous consolidated fiscal year to ¥86.380 million at the end of the third quarter of the current fiscal year, indicating that the risk of unprofitable projects and additional costs has re-emerged as an accounting provision.
  27. FY2019-Q2RestatedAnnual report

    「Construction loss provision 225,370 －」

    The provision for construction losses fell from ¥225.370 million at the end of the previous consolidated fiscal year to zero at the end of the second quarter of the current fiscal year, maintaining a zero balance from the previous quarter.
  28. FY2019-Q1The provision for construction losses was fully utilized.Annual report

    「Provision for construction losses　225,370　—」

    The provision for construction losses fell from ¥225.370 million at the end of the previous consolidated fiscal year to zero at the end of the first quarter of the current fiscal year. Although the accounting provision balance changed as of the reporting date, the company does not state that the risk itself had disappeared.
  29. FY2018MaterialisedAnnual report

    「The amount charged to the provision for construction losses included in cost of completed construction contracts was as follows:……Current consolidated fiscal year　¥225.370 million」

    The company expects significant losses to arise on construction projects in progress and has recorded a ¥225.370 million provision for construction losses. The risk of unprofitable projects and additional costs has emerged in the actual accounting treatment.
  30. FY2017RestatedAnnual report

    「If unprofitable construction projects arise because of unexpected additional costs during construction, the Group's performance may be affected.」

    The risk of unprofitable construction projects due to additional costs incurred during construction continues to be cited.
  31. FY2016First statedAnnual report

    「If unprofitable construction projects arise because of unexpected additional costs during construction, the Group's performance may be affected.」

    Additional costs incurred during construction are identified as a factor contributing to unprofitable projects.
Moved together

"Profit and profitability improvement" moved the same way as this thread, in the same document, in 11 of its 31 moves.

1165444★123456
  1. ★This thread
  2. 1Profit and profitability improvement11×
  3. 2Price Fluctuation Risk of Shares and Investment Trusts6×
  4. 3Share Repurchases for a Flexible Capital Policy5×
  5. 4Development of new technologies related to environmental improvement and residential environments4×
  6. 5Dividend policy prioritising shareholder returns4×
  7. 6Continued development of water treatment, energy conservation and air-environment technologies4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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