Strengthening competitiveness through operational efficiency, cost reduction, and improved project profitability

「In the construction business, revenue declined across the business as a whole, owing to decreases in construction of utility-scale thermal power generation facilities and steelmaking-related facilities, to ¥44,207 million, down 17.1% year on year and accounting for 35.1% of total revenue. Segment profit, however, increased to ¥4,766 million, up 149.5% year on year, due to improved profit margins resulting from higher productivity and an increase in overseas construction projects.」

「We have also worked to secure safety, quality and schedules and reduce costs through the ongoing development of new technologies and construction methods, thereby contributing to a stable power supply and enhancing corporate value.」

「Segment profit was ¥2,555 million, up 326.0% year on year. The company recognizes that this result was mainly due to improved profit margins on construction of utility-scale thermal power generation facilities.」

「Even if competition for orders intensifies and conditions become increasingly challenging as construction projects decline, our group will accurately identify demand and pursue orders not only in its existing business areas but also in new fields such as renewable energy, including wind, hydropower and geothermal power generation, in order to win orders and secure profits, with the aim of securing new sources of revenue.」

「Even as the decline in construction projects intensifies competition for orders and places our group in increasingly difficult conditions, we will promote cost reductions through greater operational efficiency and improve construction profitability in order to win orders and secure profits, further enhance the technological capabilities we have built up, and make every effort to strengthen our corporate structure so that it can remain competitive under any social or economic conditions.」

「Even as the decline in construction projects intensifies competition for orders and places our group in increasingly difficult conditions, we will promote cost reductions through greater operational efficiency and improve construction profitability in order to win orders and secure profits, further enhance the technological capabilities we have built up, and make every effort to strengthen our corporate structure so that it can remain competitive under any social or economic conditions.」

「In terms of profit, operating income was ¥3,315 million, up 24.3% year on year, ordinary income was ¥3,703 million, up 32.8%, and net income attributable to owners of the parent was ¥2,407 million, up 22.5%.」

「By continuing to focus on the key measures of the second year of the “Medium-Term Management Plan (fiscal 2017 to fiscal 2019),” our group will build a strong corporate foundation, conduct strategic order-taking activities in response to changes in the management environment, and seek to improve profitability through thorough profitability management.」

「Even as the decline in construction projects intensifies competition for orders and places our group in increasingly difficult conditions, we will promote cost reductions through greater operational efficiency and improve construction profitability in order to win orders and secure profits, further enhance the technological capabilities we have built up, and make every effort to strengthen our corporate structure so that it can remain competitive under any social or economic conditions.」

「Even as the decline in construction projects intensifies competition for orders and places us in increasingly difficult conditions, we will promote cost reductions through greater operational efficiency and improve construction profitability in order to win orders and secure profits, further enhance the technological capabilities we have built up, and make every effort to strengthen our corporate structure so that it can remain competitive under any social or economic conditions.」

「In terms of profit, construction profitability improved, resulting in operating income of ¥6,546 million, up 27.7% year on year, ordinary income of ¥6,520 million, up 22.9%, and net income attributable to owners of the parent of ¥4,358 million, up 29.7%.」

「In terms of profit, construction profitability improved, resulting in operating income of ¥4,605 million, up 28.1% year on year, ordinary income of ¥4,737 million, up 20.6%, and net income attributable to owners of the parent of ¥3,147 million, up 18.3%.」

「In terms of profit, as a result of efforts to improve profitability by promoting cost reductions, operating income was ¥3,393 million, up 12.3% year on year, ordinary income was ¥3,150 million, down 1.3%, and net income attributable to owners of the parent was ¥2,400 million, up 20.7%.」

「To win orders and secure profits, we will promote cost reductions through greater operational efficiency and improve construction profitability, further enhance the technological capabilities we have built up, and make every effort to strengthen our corporate structure so that it can remain competitive under any social or economic conditions.」