Profit improvement driven by higher construction profit margins
First written in FY2016-Q3. 17 of 41 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-09.
Akatsuki Eazima moved to the "Worse" side of this theme in 2021.
The whole theme swung hardest in 2021: 4 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「In terms of earnings, operating profit was ¥762 million, up 52.8% year on year, and ordinary profit was likewise ¥787 million, up 51.6%, following an increase in gross profit.」
The company reported that operating profit rose 52.8% and ordinary profit rose 51.6% against a backdrop of higher gross profit. - FY2025AdvancedAnnual report
「Gross profit rose 30.2% from the previous fiscal year, or ¥426 million, to ¥1,837 million, due to the improvement in the construction profit margin and other factors. Operating profit rose 50.0%, or ¥375 million, to ¥1,126 million, as the increase in gross profit outweighed higher selling, general and administrative expenses.」
The improvement in the construction profit margin increased gross profit by 30.2%, and operating profit rose 50.0% despite the increase in selling, general and administrative expenses. - FY2025-H1AdvancedAnnual report
「In terms of earnings, operating profit was ¥498 million, up 38.9% year on year, and ordinary profit was likewise ¥519 million, up 40.9%, following an increase in gross profit.」
The company reported that operating profit rose 38.9% and ordinary profit rose 40.9% against a backdrop of higher gross profit. - FY2024AdvancedAnnual report
「In terms of earnings, operating profit was ¥751 million, up 69.8% from the previous fiscal year, and ordinary profit was likewise ¥783 million, up 66.4%, as completed construction revenue increased and the construction profit margin improved.」
While deterioration in the construction profit margin had been identified as a factor behind lower earnings in the previous fiscal year, the company stated that operating profit and ordinary profit increased in the current fiscal year due to the improvement in the margin. - FY2024-Q3RestatedAnnual report
「In terms of earnings, operating profit was ¥641 million, up 179.6% year on year, and ordinary profit was likewise ¥664 million, up 169.8%, following an increase in completed construction revenue.」
Continuing from the previous quarter, the company attributed the increases in operating profit and ordinary profit to higher completed construction revenue. - FY2024-Q2RestatedAnnual report
「In terms of earnings, operating profit was ¥359 million, up 240.9% year on year, and ordinary profit was likewise ¥368 million, up 209.4%, following an increase in completed construction revenue.」
As in the previous quarter, the company attributed the increases in operating profit and ordinary profit to higher completed construction revenue, reporting operating profit growth of 240.9% and ordinary profit growth of 209.4%. - FY2024-Q1ReframedAnnual report
「In terms of earnings, operating profit was ¥134 million and ordinary profit was likewise ¥139 million, following an increase in completed construction revenue. (Year-on-year comparison: — for both.)」
Unlike the previous explanations centered on improvement or deterioration in the construction profit margin, this disclosure attributed the recognition of operating profit and ordinary profit to the increase in completed construction revenue. - FY2023WorsenedAnnual report
「Gross profit fell 18.3% from the previous fiscal year, or ¥233 million, to ¥1,041 million, due to the deterioration in the construction profit margin and other factors. Operating profit fell 37.7%, or ¥268 million, to ¥442 million, as gross profit declined and selling, general and administrative expenses increased.」
In addition to the deterioration in the construction profit margin, higher selling, general and administrative expenses were identified as a factor behind the decline in earnings, with operating profit falling 37.7%. - FY2023-Q3RestatedAnnual report
「In terms of earnings, operating profit fell 45.6% year on year to ¥229 million, and ordinary profit likewise fell 43.7% to ¥246 million, as the construction profit margin deteriorated and construction progress failed to increase, causing a shift in the timing of revenue recognition due to extended construction periods and other factors. Net income for the quarter also fell 43.4% year on year to ¥165 million.」
The company continued to explain that operating profit, ordinary profit and net income for the quarter declined against a backdrop of the deterioration in the construction profit margin, stagnant construction progress and extended construction periods and other factors. - FY2023-Q2WorsenedAnnual report
「In terms of earnings, operating profit fell 64.7% year on year to ¥105 million, and ordinary profit likewise fell 61.6% to ¥119 million, as the construction profit margin deteriorated and construction progress failed to increase, causing a shift in the timing of revenue recognition due to extended construction periods and other factors. Net income for the quarter also fell 64.9% year on year to ¥80 million.」
Unlike the previous quarter's explanation that the construction profit margin had improved, this disclosure explicitly states that the margin deteriorated, making it a factor behind the decreases in operating profit and other earnings together with extended construction periods and other factors. - FY2023-Q1ReframedAnnual report
「In terms of earnings, operating profit fell 95.9% year on year to ¥4 million, and ordinary profit likewise fell 89.4% to ¥12 million, as the construction profit margin improved but construction progress failed to increase, causing a shift in the timing of revenue recognition due to extended construction periods and other factors.」
While stating that the construction profit margin improved, the company explained that stagnant construction progress and a shift in the timing of revenue recognition due to extended construction periods and other factors led to substantial decreases in operating profit and ordinary profit. - FY2022WorsenedAnnual report
「Gross profit fell 17.3% from the previous fiscal year, or ¥267 million, to ¥1,274 million, due to the deterioration in the construction profit margin and other factors. Operating profit fell 25.8%, or ¥247 million, to ¥710 million, as the decline in gross profit outweighed the decrease in selling, general and administrative expenses.」
The deterioration in the construction profit margin caused gross profit to fall 17.3%, and the decrease in selling, general and administrative expenses was insufficient to offset this, resulting in a 25.8% decline in operating profit. - FY2022-Q3WorsenedAnnual report
「In terms of earnings, operating profit fell 52.8% year on year to ¥421 million, while ordinary profit likewise fell 52.3% year on year to ¥437 million, due to the deterioration in the construction profit margin and other factors.」
Operating profit and ordinary profit declined due to the deterioration in the construction profit margin, with both declines exceeding 50% year on year. - FY2022-Q2RestatedAnnual report
「In terms of earnings, operating profit fell 27.4% year on year to ¥298 million, and ordinary profit likewise fell 28.6% to ¥310 million, due to the deterioration in the construction profit margin and other factors.」
The company explained that operating profit and ordinary profit declined due to the deterioration in the construction profit margin, continuing the explanation given in the previous quarter. - FY2022-Q1WorsenedAnnual report
「In terms of earnings, operating profit fell 15.5% year on year to ¥112 million, and ordinary profit likewise fell 19.8% to ¥118 million, due to the deterioration in the construction profit margin and other factors.」
While the company had explained that the construction profit margin improved in the previous fiscal year, it explicitly identified the deterioration in the construction profit margin this quarter as a factor behind the decreases in operating profit and ordinary profit. - FY2021ReframedAnnual report
「Gross profit fell 5.5% from the previous fiscal year, or ¥89 million, to ¥1,541 million, due to the decline in revenue and other factors, despite the improvement in the construction profit margin. Operating profit fell 7.5% to ¥957 million, as the decrease in gross profit outweighed the decline in selling, general and administrative expenses.」
Although the construction profit margin improved, the declines in revenue and gross profit were factors behind the decrease in operating profit. - FY2021-Q3ReframedAnnual report
「In terms of earnings, operating profit fell 0.8% year on year to ¥892 million due to the decline in revenue, while ordinary profit rose 2.7% year on year to ¥916 million due to an increase in non-operating income and expenses.」
Rather than the deterioration in the construction profit margin cited through the previous quarter, the company explained the earnings movement as a slight decline in operating profit due to lower revenue and an increase in ordinary profit due to higher non-operating income and expenses. - FY2021-Q2RestatedAnnual report
「In terms of earnings, operating profit fell 26.6% year on year to ¥411 million, and ordinary profit likewise fell 23.5% to ¥434 million, due to the decline in revenue and deterioration in the construction profit margin.」
Continuing from the previous quarter, the company identified deterioration in the construction profit margin, together with lower revenue, as a factor behind the decreases in operating profit and ordinary profit. - FY2021-Q1WorsenedAnnual report
「In terms of earnings, operating profit fell 45.2% year on year to ¥133 million, and ordinary profit likewise fell 41.8% to ¥147 million, due to the decline in revenue and deterioration in the construction profit margin.」
Unlike the immediately preceding disclosure, which identified improvement in the construction profit margin as a factor behind higher earnings, this disclosure explicitly identifies deterioration in the construction profit margin, together with lower revenue, as a factor behind the decreases in operating profit and ordinary profit. - FY2020AdvancedAnnual report
「Operating profit rose 42.4% from the previous fiscal year, or ¥307 million, to ¥1,033 million, due to the increase in revenue and improvement in the construction profit margin.」
The company reported that operating profit rose 42.4% to ¥1,033 million against a backdrop of the improved construction profit margin and higher revenue. - FY2020-Q3AdvancedAnnual report
「In terms of earnings, operating profit rose 40.7% year on year to ¥902 million, and ordinary profit likewise rose 40.6% to ¥895 million, due to the increase in revenue and improvement in the construction profit margin.」
The company reported that operating profit rose 40.7% and ordinary profit rose 40.6%, driven by the improvement in the construction profit margin. - FY2020-Q2AdvancedAnnual report
「In terms of earnings, operating profit rose 51.1% year on year to ¥561 million, and ordinary profit likewise rose 52.0% to ¥568 million, due to the increase in revenue and improvement in the construction profit margin.」
The company stated that operating profit rose 51.1% and ordinary profit rose 52.0%, driven by the improvement in the construction profit margin, demonstrating an actual improvement in earnings. - FY2020-Q1AdvancedAnnual report
「In terms of earnings, operating profit rose 262.6% year on year to ¥243 million, and ordinary profit likewise rose 263.9% to ¥254 million, due to the increase in revenue and improvement in the construction profit margin.」
The company stated that operating profit rose 262.6% and ordinary profit rose 263.9%, driven by the improvement in the construction profit margin, indicating a substantial improvement in earnings. - FY2019ReframedAnnual report
「Operating profit rose 18.6% from the previous fiscal year, or ¥113 million, to ¥725 million, as selling, general and administrative expenses declined and gross profit increased.」
Through the previous quarter, improvement in the construction profit margin had been identified as a factor behind higher earnings, but for the full year the company attributed the increase in operating profit to higher gross profit and lower selling, general and administrative expenses. - FY2019-Q3AdvancedAnnual report
「In terms of earnings, operating profit rose 60.2% year on year to ¥641 million, and ordinary profit likewise rose 52.4% to ¥636 million, due to the increase in revenue and improvement in the construction profit margin.」
The company stated that operating profit rose 60.2% and ordinary profit rose 52.4%, driven by the improvement in the construction profit margin, resulting in further earnings growth following the improvement in the previous quarter. - FY2019-Q2AdvancedAnnual report
「In terms of earnings, operating profit rose 67.0% year on year to ¥371 million, and ordinary profit likewise rose 63.6% to ¥374 million, due to the increase in revenue and improvement in the construction profit margin.」
The company stated that operating profit rose 67.0% and ordinary profit rose 63.6%, driven by the improvement in the construction profit margin, marking a recovery from the decline in earnings in the previous quarter. - FY2019-Q1WorsenedAnnual report
「In terms of earnings, despite the increase in revenue, operating profit fell 14.0% year on year to ¥67 million, and ordinary profit likewise fell 12.9% to ¥69 million, mainly due to the deterioration in the construction profit margin and other factors.」
The company stated that operating profit and ordinary profit declined against a backdrop of the deterioration in the construction profit margin and other factors, despite the increase in revenue. - FY2018WorsenedAnnual report
「Due to the decline in revenue and the deterioration in the construction profit margin, operating profit fell 33.1% from the previous fiscal year to ¥612 million, while ordinary profit likewise fell 32.9% to ¥625 million.」
The deterioration in the construction profit margin was explicitly identified, together with the decline in revenue, as a factor behind the decreases in operating profit and ordinary profit, indicating a shift from improving earnings to deteriorating earnings. - FY2018-Q3RestatedAnnual report
「In terms of earnings, operating profit fell 42.7% year on year to ¥400 million, and ordinary profit likewise fell 41.5% to ¥417 million, due to the decline in revenue. Net income for the quarter also fell 37.7% year on year to ¥304 million.」
The company explained that, continuing from the previous quarter, operating profit, ordinary profit and net income for the quarter declined against a backdrop of lower revenue. - FY2018-Q2RestatedAnnual report
「In terms of earnings, operating profit fell 43.1% year on year to ¥222 million, and ordinary profit likewise fell 42.3% to ¥228 million, mainly due to the decline in revenue. Net income for the quarter also fell 35.9% year on year to ¥172 million.」
The company explained that, continuing from the previous quarter, operating profit, ordinary profit and net income for the quarter declined against a backdrop of lower revenue and other factors. - FY2018-Q1WorsenedAnnual report
「In terms of earnings, due in part to the decline in net sales, operating income decreased 21.9% year on year to ¥78 million and ordinary income decreased 19.7% to ¥80 million. Net income for the quarter also decreased 26.8% to ¥49 million.」
The disclosure has changed from the previous one, which attributed higher profits to an improvement in the construction profit margin, to one stating that operating income, ordinary income and net income for the quarter declined due in part to the decrease in net sales. - FY2017-Q3AdvancedAnnual report
「In terms of earnings, due in part to the improvement in the construction profit margin, operating income increased 22.9% year on year to ¥699 million and ordinary income increased 26.8% to ¥714 million.」
The disclosure states that operating income increased 22.9% and ordinary income increased 26.8% due to the improvement in the construction profit margin, marking a shift from the decline in the margin reported previously. - FY2017-Q2WorsenedAnnual report
「In terms of earnings, although the construction profit margin declined slightly, selling, general and administrative expenses decreased, resulting in operating income increasing 5.9% year on year to ¥390 million and ordinary income increasing 7.5% to ¥396 million. Net income for the quarter also increased 4.4% to ¥269 million.」
The construction profit margin declined slightly, representing a deterioration from the previous disclosure, which had cited an improvement in the margin as a factor behind higher profits. This time, operating income and related measures increased due to lower selling, general and administrative expenses. - FY2017-Q1AdvancedAnnual report
「In terms of earnings, due in part to the increase in net sales and the improvement in the construction profit margin, operating income increased 28.1% year on year to ¥100 million and ordinary income increased 38.2% to ¥100 million.」
The quarter's results show that operating income increased 28.1% and ordinary income increased 38.2%, with the improvement in the construction profit margin cited as a factor. - FY2016WorsenedAnnual report
「Gross profit increased 4.3% year on year to ¥1,147 million, compared with ¥1,100 million in the previous fiscal year, due in part to the increase in net sales, although the construction profit margin declined slightly.」
The previous quarter attributed the increase in profits to an improvement in the construction profit margin, whereas the full-year disclosure states that the construction profit margin declined slightly. - FY2016-Q3First statedAnnual report
「In terms of earnings, due in part to the improvement in the construction profit margin, operating income increased 15.3% year on year to ¥568 million and ordinary income increased 15.1% to ¥563 million.」
The improvement in the construction profit margin is described as one of the factors behind the increases in operating income and ordinary income.