Expanding orders with an emphasis on profitability
First written in FY2016. 17 of 25 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2022: 2 of 13 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Profit declined due to the completion of low-margin projectsAnnual report
「In addition to the completion of a relatively large number of low-margin projects in some work performed by the gas pipeline business and electrical installation and civil engineering business, higher selling, general and administrative expenses and other factors resulted in operating profit of ¥1,369 million, down 7.7% year on year, and ordinary profit of ¥1,627 million, down 2.8%.」
While operations focused on profitability continued, operating profit and ordinary profit fell below the levels of the same period of the previous year owing in part to the completion of low-margin projects. - FY2025AdvancedAnnual report
「The completion of a relatively large number of high-margin projects in the building equipment business and electrical installation and civil engineering business resulted in operating profit of ¥1,483 million, up 18.9% year on year, and ordinary profit of ¥1,674 million, up 14.6%.」
The completion of high-margin projects increased company-wide operating profit and ordinary profit, and the building equipment business changed from an ordinary loss to ordinary profit of ¥62 million. - FY2025-H1Interim earnings deterioration due to the completion of high-cost-ratio projects and fewer large, high-margin projectsAnnual report
「In addition to the completion of a relatively large number of high-cost-ratio projects in the gas equipment business and gas pipeline business, the reduced completion of large, high-margin projects in the electrical installation and civil engineering business resulted in operating profit of ¥175 million, down 35.4% year on year, and ordinary profit of ¥302 million, down 22.5%.」
In connection with operations focused on profitability, the completion of high-cost-ratio projects and the decline in large, high-margin projects caused operating profit and ordinary profit to fall below the levels of the same period of the previous year. - FY2024AdvancedAnnual report
「The completion of a relatively large number of high-margin projects in the gas pipeline business and electrical installation and civil engineering business resulted in operating profit of ¥1,247 million, up 9.3% year on year, and ordinary profit of ¥1,461 million, up 9.2%.」
The completion of high-margin projects resulted in operating profit and ordinary profit exceeding the levels of the same period of the previous year, indicating measurable progress from operations focused on profitability. - FY2024-Q3AdvancedAnnual report
「In terms of earnings, the completion of a relatively large number of high-margin projects in the gas pipeline business and electrical installation and civil engineering business resulted in operating profit of ¥664 million, up 26.5% year on year.」
The completion of a relatively large number of high-margin projects in the gas pipeline business and electrical installation and civil engineering business resulted in operating profit rising 26.5% year on year. Measurable progress in order intake and construction focused on profitability was reported. - FY2024-Q2AdvancedAnnual report
「On the other hand, in terms of earnings, in addition to higher profit from increased sales, the completion of large, high-margin projects in certain types of work resulted in ordinary profit of ¥507 million, up 27.3% year on year.」
The completion of a large, high-margin project in the gas pipeline business resulted in ordinary profit of ¥507 million, up 27.3% year on year. Measurable progress in order intake and construction focused on profitability was reported. - FY2024-Q1AdvancedAnnual report
「In terms of earnings, in addition to higher profit from increased sales of irrigation work, the completion of a large, high-margin project in pipeline burial work resulted in ordinary profit of ¥56 million, up 1,222.9% year on year.」
The completion of a large, high-margin project and higher sales of irrigation work drove ordinary profit in the electrical installation and civil engineering business up 1,222.9% year on year. - FY2023AdvancedAnnual report
「In addition to higher profit from increased sales, the completion of a relatively large number of high-margin projects resulted in ordinary profit of ¥649 million, up 101.5% year on year.」
In the gas equipment business, ordinary profit rose to ¥649 million, up 101.5% year on year, owing to the completion of high-margin projects. Measurable progress from operations focused on profitability was reported. - FY2023-Q3AdvancedAnnual report
「In addition to higher profit from increased sales, the completion of a relatively large number of high-margin projects resulted in ordinary profit of ¥224 million, up 469.5% year on year.」
In the gas equipment business, ordinary profit rose to ¥224 million, up 469.5% year on year, owing in part to the completion of high-margin projects, indicating measurable progress from operations focused on profitability. - FY2023-Q2AdvancedAnnual report
「In addition to higher profit from increased sales, the completion of a relatively large number of high-margin projects resulted in ordinary profit of ¥117 million, up 350.1% year on year.」
In the gas equipment business, the completion of a relatively large number of high-margin projects resulted in ordinary profit of ¥117 million, up 350.1% year on year. Measurable improvement resulting from operations focused on profitability was reported. - FY2023-Q1AdvancedAnnual report
「As a result of the improvement in the cost ratio, operating profit was ¥55 million, compared with an operating loss of ¥4 million in the same period of the previous year, and ordinary profit was ¥108 million, up 162.8% year on year.」
In connection with the policy of prioritizing profitability, the improvement in the cost ratio was reflected in the change from an operating loss to operating profit and the 162.8% year-on-year increase in ordinary profit. The specific measures used to achieve the improvement are not stated in this excerpt. - FY2022Earnings decline due to high-cost-ratio projectsAnnual report
「The completion of a relatively large number of projects with high cost ratios resulted in operating profit of ¥1,259 million, a decline in profit of ¥147 million, or 10.5%, from the same period of the previous year.」
While the policy of prioritizing profitability continued, operating profit declined 10.5% year on year due to the completion of high-cost-ratio projects during the fiscal year. - FY2022-Q3Continued earnings decline due to the completion of high-cost-ratio projectsAnnual report
「However, the completion of a relatively large number of projects with high cost ratios in plumbing and sanitary equipment work and GHP work resulted in an ordinary loss of ¥130 million, compared with ordinary profit of ¥44 million in the same period of the previous year.」
The building equipment business continued to complete high-cost-ratio projects and changed from ordinary profit in the same period of the previous year to an ordinary loss. - FY2022-Q2Earnings decline due to the completion of high-cost-ratio projectsAnnual report
「The completion of a relatively large number of projects with high cost ratios resulted in operating profit of ¥3.47 million, down 23.7% year on year, and ordinary profit of ¥409 million, down 23.0%.」
In terms of profitability, the completion of high-cost-ratio projects was a factor behind the decline in earnings during the cumulative second-quarter period. - FY2022-Q1Earnings decline due to the completion of low-margin competitive-bidding projectsAnnual report
「Construction work based on the capital investment plans of its major customers, Tokyo Gas Co., Ltd., SHIZUOKA GAS CO.,LTD., and Hokkaido Gas Co., Ltd., remained firm, resulting in sales of ¥3,739 million, up 1.2% year on year. However, the completion of low-margin competitive-bidding projects resulted in ordinary profit of ¥144 million, down 7.6% year on year.」
In the gas pipeline business, sales increased, while ordinary profit declined 7.6% year on year owing to the completion of low-margin competitive-bidding projects. - FY2021AdvancedAnnual report
「In addition to the completion of a relatively large number of projects with comparatively high profit margins in electrical installation maintenance work, ordinary profit was ¥33 million, compared with an ordinary loss of ¥32 million in the same period of the previous year, due in part to promoting direct travel to and from worksites as part of the response to work-style reforms and bringing in-house work that had previously been outsourced.」
The electrical installation and civil engineering business moved from an ordinary loss in the same period of the previous year to ordinary profit, owing to high-margin projects, direct travel to and from worksites, and the insourcing of outsourced work. - FY2021-Q3AdvancedAnnual report
「In terms of earnings, in addition to the decline in the cost ratio accompanying higher sales in the building equipment business, the completion of a relatively large number of projects with comparatively high profit margins in the gas pipeline business resulted in operating profit of ¥869 million, up 23.9% year on year, and ordinary profit of ¥984 million, up 24.0%.」
The decline in the cost ratio and the completion of relatively high-margin projects were cited as progress in earnings, with operating profit of ¥869 million and ordinary profit of ¥984 million. - FY2020-Q3AdvancedAnnual report
「The completion of a relatively large number of projects with comparatively high profit margins in renovation work and plumbing and sanitary equipment work resulted in an ordinary loss of ¥33 million, compared with an ordinary loss of ¥39 million in the same period of the previous year.」
The completion of a relatively large number of projects with comparatively high profit margins reduced the ordinary loss in the building equipment business from ¥39 million in the same period of the previous year to ¥33 million. The results of prioritizing profitability in order intake and construction were reflected in the figures, although the business remained loss-making. - FY2020-Q2AdvancedAnnual report
「In terms of earnings, in addition to the decline in the cost ratio accompanying higher sales, the completion of a relatively large number of projects with comparatively high profit margins in the gas equipment business, building equipment business, and electrical engineering and civil engineering business resulted in operating profit of ¥507 million.」
The lower cost ratio accompanying higher sales and the completion of relatively high-margin projects secured operating profit of ¥507 million. The results of prioritizing profitability in order intake and construction were reflected in the figures across multiple businesses. - FY2020-Q1AdvancedAnnual report
「In the building equipment business and electrical engineering and civil engineering business, the completion of a relatively large number of projects with comparatively high profit margins resulted in operating profit of ¥58 million, compared with an operating loss of ¥30 million in the same period of the previous year, and ordinary profit of ¥100 million, up 383.7% year on year.」
The completion of a relatively large number of projects with comparatively high profit margins improved earnings in the building equipment business and electrical engineering and civil engineering business, resulting in operating profit of ¥58 million, compared with an operating loss in the same period of the previous year, and ordinary profit of ¥100 million. - FY2019-Q1AdvancedAnnual report
「As a result, sales were ¥6,048 million, down 1.7% year on year, but ordinary income was ¥114 million, up 17.5%, because many projects in relatively high-margin work categories were completed.」
Ordinary profit rose 17.5% year on year, as a relatively large number of projects with comparatively high profit margins were completed in the gas construction business. - FY2017AdvancedAnnual report
「Because many relatively high-margin projects in new gas equipment installation work were completed, operating income was ¥1,281 million, up 2.6% year on year, and the operating margin was 3.7%.」
The completion of many high-margin projects was reported as having improved operating income and the operating margin. - FY2017-Q2RestatedAnnual report
「For plumbing and sanitary equipment construction related to new-build buildings, conditions became sufficient to secure profitability as ordering conditions improved, but we selectively accepted orders after taking into account the progress of projects already on hand and construction capacity.」
A policy was set out to selectively accept orders on the premise of securing profitability, taking into account the progress of projects already on hand and construction capacity. - FY2017-Q1AdvancedAnnual report
「For plumbing and sanitary equipment construction related to new-build buildings, we were able to significantly increase orders emphasizing profitability as ordering conditions improved.」
It stated that the expansion of orders emphasizing profitability had been achieved in concrete terms. - FY2016First statedAnnual report
「We were able to significantly increase orders emphasizing profitability for plumbing and sanitary equipment construction related to new-build buildings.」
The company described an ordering stance that emphasizes profitability in building and civil engineering construction.