Risk of Unprofitable Construction Projects and Additional Costs
First written in FY2016. 19 of 33 entries say "Mitigated", first in FY2021-Q2. Latest entry: 2026-08-05.
The whole theme swung hardest in 2019: 6 of 16 companies on the "Worse" side.
11 other companies' latest entry also says "Mitigated".
- 2026-08-05MitigatedEarnings presentation
「Provision for loss on construction contracts 252 61 ▲191」
The balance of the provision for loss on construction contracts decreased from ¥252 million at the end of March 2026 to ¥61 million at the end of June 2026. - FY2026MitigatedAnnual report
「Provision for construction contract losses 489 252」
The provision balance decreased from ¥489 million at the end of the previous fiscal year to ¥252 million, while the amount recognized during the current fiscal year was negative ¥108 million. The provision balance related to the risk of unprofitable construction projects and additional costs decreased further. - 2026-05-12MitigatedEarnings
「Provision for loss on construction contracts 489 252」
The balance of the provision for loss on construction contracts decreased from ¥489 million to ¥252 million. The provision related to loss-making construction projects and additional-cost risk declined further. - FY2026-H1MitigatedAnnual report
「Provision for construction contract losses 489 308」
The provision balance decreased from ¥489 million at the end of the previous consolidated fiscal year to ¥308 million at the end of the interim consolidated accounting period. - FY2025-H1MitigatedAnnual report
「Provision for construction contract losses 404 385」
The provision balance decreased from ¥404 million at the end of the previous consolidated fiscal year to ¥385 million at the end of the interim consolidated accounting period. The provision balance related to the risk of unprofitable construction projects and additional costs decreased further. - FY2024MitigatedAnnual report
「Provision for construction contract losses 923 404」
The provision balance decreased from ¥923 million at the end of the previous fiscal year to ¥404 million, while the amount recognized for construction contract losses changed from negative ¥287 million in the previous fiscal year to negative ¥97 million. The provision balance related to the risk of unprofitable construction projects and additional costs decreased further. - FY2024-Q3MitigatedAnnual report
「Provision for construction contract losses 923 559」
The provision balance decreased from ¥923 million at the end of the previous consolidated fiscal year to ¥559 million at the end of the third quarter of the current fiscal year. The provision balance related to the risk of unprofitable construction projects and additional costs decreased. - FY2024-Q2MitigatedAnnual report
「Provision for construction contract losses 923 621」
The provision balance decreased from ¥923 million at the end of the previous consolidated fiscal year to ¥621 million at the end of the second quarter of the current fiscal year. The provision balance related to the risk of unprofitable construction projects and additional costs decreased. - FY2024-Q1MitigatedAnnual report
「Provision for construction contract losses 923 525」
The provision balance decreased from ¥923 million at the end of the previous consolidated fiscal year to ¥525 million at the end of the first quarter of the current fiscal year. The provision balance related to the risk of unprofitable construction projects and additional costs decreased. - FY2023MitigatedAnnual report
「Provision for construction contract losses 2,018 923」
The provision balance decreased from ¥2,018 million at the end of the previous fiscal year to ¥923 million, while the amount recognized for construction contract losses decreased from ¥480 million in the previous fiscal year to negative ¥287 million. - FY2023-Q3MitigatedAnnual report
「Provision for construction contract losses 2,018 1,110」
The provision balance decreased from ¥2,018 million at the end of the previous consolidated fiscal year to ¥1,110 million at the end of the third quarter of the current fiscal year. The provision balance related to the risk of unprofitable construction projects and additional costs decreased. - FY2023-Q2MitigatedAnnual report
「Provision for construction contract losses 2,018 1,381」
The provision balance decreased from ¥2,018 million at the end of the previous consolidated fiscal year to ¥1,381 million at the end of the second quarter of the current fiscal year. The provision balance related to the risk of unprofitable construction projects and additional costs decreased. - FY2023-Q1MitigatedAnnual report
「Provision for construction contract losses 2,018 1,986」
The provision balance decreased from ¥2,018 million at the end of the previous consolidated fiscal year to ¥1,986 million at the end of the first quarter of the current fiscal year. The provision balance related to the risk of unprofitable construction projects and additional costs decreased slightly in numerical terms. - FY2022MitigatedAnnual report
「Provision for construction contract losses 2,700 2,018」
The provision balance decreased from ¥2,700 million at the end of the previous fiscal year to ¥2,018 million, while the amount recognized during the current fiscal year also decreased from ¥526 million to ¥480 million. - FY2022-Q3MitigatedAnnual report
「Provision for construction contract losses 2,700 2,015」
The provision balance decreased from ¥2,700 million at the end of the previous consolidated fiscal year to ¥2,015 million at the end of the third quarter of the current fiscal year. - FY2022-Q2MitigatedAnnual report
「Provision for construction contract losses 2,700 2,365」
The provision balance decreased from ¥2,700 million at the end of the previous consolidated fiscal year to ¥2,365 million at the end of the second quarter of the current fiscal year. - FY2022-Q2MaterialisedAnnual report
「Profit declined at overseas subsidiaries due to soaring labor costs and material and equipment prices caused by the spread of COVID-19, as well as lower revenue resulting from delays in the progress of some domestic and overseas construction projects.」
Delays occurred on some domestic and overseas construction projects, affecting the decrease in profit through lower revenue. Deterioration in construction profitability related to the risk of unprofitable construction projects and additional costs was reported in actual results. - FY2022-Q1MitigatedAnnual report
「Provision for construction contract losses 2,700 2,419」
The provision balance decreased from ¥2,700 million at the end of the previous consolidated fiscal year to ¥2,419 million at the end of the first quarter of the current fiscal year. - FY2021MitigatedAnnual report
「Provision for construction contract losses 2,778 2,700」
The provision balance decreased from ¥2,778 million at the end of the previous fiscal year to ¥2,700 million, while the amount recognized during the current fiscal year also decreased from ¥1,842 million in the previous fiscal year to ¥526 million. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no occurrences or material changes regarding the risk of unprofitable construction projects and additional costs. - FY2021-Q2MitigatedAnnual report
「Provision for construction contract losses 2,778 1,621」
The provision balance decreased from ¥2,778 million at the end of the previous consolidated fiscal year to ¥1,621 million. A numerical decrease in the provision was identified. - FY2021-Q1Decrease in the provision for losses on construction contractsAnnual report
「Provision for construction contract losses 2,778 2,464」
The provision balance decreased from ¥2,778 million at the end of the previous consolidated fiscal year to ¥2,464 million. - FY2020WorsenedAnnual report
「For construction projects in progress at the end of the fiscal year for which losses are reasonably expected to arise, the estimated amount of such losses is recognized as a provision for construction contract losses to provide for future losses.」
The provision balance increased from ¥1,953 million in the previous fiscal year to ¥2,778 million, while the amount recognized during the current fiscal year was ¥1,842 million. The risk of unprofitable construction projects and additional costs has increased in reported results. - FY2020-Q3RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative third quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of unprofitable construction projects and additional costs. - FY2020-Q1RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative first quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of unprofitable construction projects and additional costs. - FY2019-Q3RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative third quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of unprofitable construction projects and additional costs. - FY2019-Q1RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative first quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of unprofitable construction projects and additional costs. - FY2018MaterialisedAnnual report
「For construction projects in progress at the end of the fiscal year for which losses are reasonably expected to arise, the estimated amount of such losses is recognized to provide for future losses.」
A provision for construction contract losses of ¥2,175 million was recognized, including ¥442 million recognized during the fiscal year, indicating that the risk of unprofitable construction projects was reflected in reported results as a provision. - FY2018-Q3RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative third quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of unprofitable construction projects and additional costs. - FY2018-Q2RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative second quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of unprofitable construction projects and additional costs. - FY2018-Q1RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative first quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of unprofitable construction projects and additional costs. - FY2017-Q3RestatedAnnual report
「There were no newly emerging business or other risks during the cumulative third quarter under review. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of unprofitable construction projects and additional costs. - FY2016First statedAnnual report
「If an unprofitable construction project arises due to unexpected additional costs during construction, this may affect results, including through the recognition of a provision for construction contract losses.」
The disclosure describes the possibility of unprofitable construction projects and the impact of the provision for construction contract losses on results. The provision balance is ¥1,723 million.