Komori
Kanda Tsushinki (1992) · RiskWorsened

Risk of losses on construction contracts

First written in FY2017. 8 of 16 entries say "Worsened", first in FY2019-Q1. Latest entry: FY2023-Q3.

16entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017MitigatedFY2020-Q1 – FY2020WorsenedFY2021-Q2 – FY2022-Q12017: 120172018: 320182019: 220192020: 320202021: 420212022: 220222023: 1
Same theme, other companies
Release of the Provision for Losses on Contracts Expected to Incur LossesA theme 148 companies write about · 147 as a headwind · 1 as a tailwind

Kanda Tsushinki moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.

19 other companies' latest entry also says "Worsened".

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 148 companies compared. The sentences above are computed from all 148.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3WorsenedAnnual report

    「Provision for losses on construction contracts - 1,335」

    The provision for losses on construction contracts, which was zero at the end of the previous consolidated fiscal year, was recorded at ¥1,335 thousand at the end of the third quarter, quantifying exposure to expected losses on construction contracts again. The provision represents the recognition of expected losses, not the realization of losses themselves.
  2. FY2022MitigatedAnnual report

    「Inventory corresponding to the provision for losses on construction contracts Previous consolidated fiscal year ( 31 March 2021 ) Current consolidated fiscal year ( 31 March 2022 ) Work in process ¥3,978 thousand - thousand」

    Inventory corresponding to the provision for losses on construction contracts, which was ¥3,978 thousand at the end of the previous fiscal year, was zero at the end of the current fiscal year.
  3. FY2022-Q3WorsenedAnnual report

    「Provision for losses on construction contracts 3,978 2,224」

    A provision for losses on construction contracts of ¥2,224 thousand was recorded at the end of the third quarter, down from ¥3,978 thousand at the end of the previous fiscal year, quantifying expected losses again after the provision was zero at the end of the second quarter. The provision represents the recognition of expected losses, not the realization of losses themselves.
  4. FY2022-Q2MitigatedAnnual report

    「Provision for losses on construction contracts 3,978 -」

    The provision for losses on construction contracts decreased from ¥3,978 thousand at the end of the previous fiscal year to zero at the end of the second quarter, eliminating the quantified exposure to expected losses on construction contracts.
  5. FY2022-Q1WorsenedAnnual report

    「Provision for losses on construction contracts 3,978 6,534」

    The provision for losses on construction contracts increased from ¥3,978 thousand at the end of the previous fiscal year to ¥6,534 thousand at the end of the first quarter, expanding the quantified exposure to expected losses on construction contracts. The provision represents the recognition of expected losses, not the realization of losses themselves.
  6. FY2021WorsenedAnnual report

    「Provision for losses on construction contracts - 3,978」

    The provision for losses on construction contracts, which was zero at the end of the previous fiscal year, was recorded at ¥3,978 thousand at the end of the current fiscal year, quantifying expected losses on construction contracts again.
  7. FY2021-Q3WorsenedAnnual report

    「Provision for losses on construction contracts - 8,782」

    The provision for losses on construction contracts increased from zero at the end of the previous consolidated fiscal year to ¥8,782 thousand at the end of the third quarter, expanding the quantified exposure to expected losses on construction contracts. This does not represent the realization of losses themselves.
  8. FY2021-Q2WorsenedAnnual report

    「Provision for losses on construction contracts - 4,244」

    The provision for losses on construction contracts increased from ¥1,141 thousand at the end of the first quarter to ¥4,244 thousand at the end of the second quarter, expanding the quantified exposure to expected losses on construction contracts. This does not represent the realization of losses themselves.
  9. FY2020MitigatedAnnual report

    「Provision for losses on construction contracts 3,771 -」

    The provision for losses on construction contracts decreased from ¥3,771 thousand at the end of the previous consolidated fiscal year to zero at the end of the current fiscal year, eliminating the quantified exposure to expected losses. This does not represent the realization of losses themselves.
  10. FY2020-Q3MitigatedAnnual report

    「Provision for losses on construction contracts 3,771 1,102」

    The provision for losses on construction contracts decreased from ¥3,771 thousand at the end of the previous consolidated fiscal year to ¥1,102 thousand at the end of the third quarter, reducing the quantified exposure to expected losses on construction contracts.
  11. FY2020-Q1MitigatedAnnual report

    「Provision for losses on construction contracts 3,771 1,141」

    The provision for losses on construction contracts decreased from ¥3,771 thousand at the end of the previous consolidated fiscal year to ¥1,141 thousand at the end of the first quarter, reducing the quantified exposure to expected losses on construction contracts.
  12. FY2019-Q3WorsenedAnnual report

    「Provision for losses on construction contracts - 3,771」

    The provision increased from ¥3,716 thousand at the end of the second quarter to ¥3,771 thousand at the end of the third quarter, indicating a slight increase in quantified exposure to expected losses on construction contracts. The provision represents the recognition of expected losses, not the realization of losses themselves.
  13. FY2019-Q2RestatedAnnual report

    「Provision for losses on construction contracts - 3,716」

    A provision for losses on construction contracts of ¥3,716 thousand remained recorded at the end of the second quarter, indicating continued quantified exposure to expected losses on construction contracts. The provision represents the recognition of expected losses, not the realization of losses themselves.
  14. FY2019-Q1WorsenedAnnual report

    「Provision for losses on construction contracts - 3,716」

    A provision for losses on construction contracts of ¥3,716 thousand, which was not recorded at the end of the previous fiscal year, was recorded at the end of the first quarter, quantifying the exposure to expected losses on construction contracts again. The provision represents the recognition of expected losses, not the realization of losses themselves.
  15. FY2018MitigatedAnnual report

    「Provision for losses on construction contracts 7,866 -」

    The provision for losses on construction contracts of ¥7,866 thousand recorded at the end of the previous fiscal year was no longer recorded at the end of the current fiscal year, indicating a reduction in the recorded exposure to expected losses on uncompleted construction contracts.
  16. FY2017First statedAnnual report

    「To provide for losses on construction contracts, the Company records the estimated amount of loss for uncompleted construction contracts at the end of the fiscal year that are expected to generate losses and for which the loss amount can be reasonably estimated.」

    The Company recognized expected losses on uncompleted construction contracts and recorded a provision for losses on construction contracts of ¥7,866 thousand in the consolidated fiscal year. This is described as a provision for expected losses, not as the realization of losses.
Moved together

"Developing the DALI lighting control business into a new core business" moved the same way as this thread, in the same document, in 7 of its 16 moves.

742222★123456
  1. ★This thread
  2. 1Developing the DALI lighting control business into a new core business7×
  3. 2Uncertainty over the outlook due to exchange-rate and share-price volatility, China’s economic slowdown and other factors4×
  4. 3Maintaining Stable Dividends and Strengthening Retained Earnings2×
  5. 4Expanding maintenance, cloud and contact center revenues and improving margins through process management2×
  6. 5Independent oversight by outside directors and outside Audit & Supervisory Board members2×
  7. 6Collection Risk Associated with Loans to an Unconsolidated Subsidiary2×

★ 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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Risk of losses on construction contracts | KANDA TSUSHINKI CO.,LTD. (1992) | Komori