Impact on revenue from changes in construction contract work and fluctuations in equipment and material and subcontracting prices
First written in FY2022. 2 of 5 entries say "Mitigated", first in 2026-05-11. Latest entry: FY2026.
The whole theme swung hardest in 2024: 9 of 64 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In terms of profit, profit margins improved because the company continued efforts to pass soaring material prices on to selling prices, while general and administrative expenses were also reduced as the costs of relocating and rebuilding the head office fell substantially from the previous fiscal year.」
It states that, although high material prices continued, profit margins in the Information and Communications business improved as a result of passing the increases on to selling prices and reducing the burden of general and administrative expenses. - 2026-05-11MitigatedEarnings
「On the profit front, profit margins improved because we continued working to pass higher material prices on to selling prices, and because the burden of general and administrative expenses was reduced as costs related to relocating and rebuilding the head office building fell substantially from the previous fiscal year.」
The disclosure states that the company continued passing higher material prices on to selling prices and that profit margins improved in the information and communications business. - FY2026-H1MaterialisedAnnual report
「In terms of profit, we have been working to pass higher material prices and labor costs on to selling prices. However, selling, general and administrative expenses and other costs also increased, and we were unable to fully absorb these increases, resulting in a decline in profit margins.」
It states that material prices and labor costs actually increased and that, although the company proceeded with passing these increases on to selling prices, it was unable to fully absorb the higher costs, resulting in lower profit margins. - FY2024RestatedAnnual report
「However, if the scope of work changes after construction starts, or equipment and material prices or subcontracting prices fluctuate, this may affect the performance of the Group.」
It continues to disclose the risk that changes in the scope of work, equipment and material prices, and subcontracting prices related to construction revenue recognition may affect performance. - FY2022First statedAnnual report
「However, if the scope of work changes after construction starts, or equipment and material prices or subcontracting prices fluctuate, this may affect the performance of the Group.」
It newly identifies as a risk that changes in the scope of work, equipment and material prices, and subcontracting prices related to revenue recognition based on the percentage of completion may affect performance.