Recognizing provisions for losses on orders expected to be loss-making
First written in FY2022. 3 of 6 entries say "Materialised", first in FY2022. Latest entry: 2026-08-10.
Jtp moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
6 other companies' latest entry also says "Materialised".
- 2026-08-10MaterialisedEarnings
「Provision for loss on orders — 6,716」
A provision for loss on orders, which was zero at the end of the previous fiscal year, amounted to ¥6,716 thousand at the end of the first quarter, indicating that a provision had arisen for projects expected to generate losses. - FY2024-Q3Decrease in the provision for losses on ordersAnnual report
「Provision for loss on orders - 1,077」
The balance of the provision for loss on orders increased from zero at the end of the previous fiscal year to ¥1.077 million at the end of the third quarter of the current fiscal year, indicating that provisions continue to be recognized for orders with a high likelihood of incurring losses. - FY2024-Q2MaterialisedAnnual report
「Provision for loss on orders － 2,384」
The company recognized a provision for loss on orders of ¥2.384 million at the end of the second quarter of the current fiscal year, compared with zero at the end of the previous fiscal year. A provision for orders with a high likelihood of incurring losses was recognized again. - FY2023MitigatedAnnual report
「Provision for loss on orders 5,098 －」
The balance of the provision for loss on orders related to projects with a high likelihood of incurring losses fell from ¥5.098 million at the end of the previous fiscal year to zero at the end of the current fiscal year. - FY2023-Q2Decrease in the provision for losses on ordersAnnual report
「Provision for loss on orders 5,098 4,073」
The provision for loss on orders decreased from ¥5.098 million at the end of the previous consolidated fiscal year to ¥4.073 million at the end of the second quarter of the current consolidated fiscal year. The provision continues to be recognized for projects with a high likelihood of incurring losses. - FY2022MaterialisedAnnual report
「To provide for future losses related to order contracts, the estimated losses on outstanding orders at the end of the consolidated fiscal year that were highly likely to incur losses and whose amounts could be reasonably estimated were recognized as a provision for loss on orders,」
A provision for loss on orders of ¥5.098 million was recognized for outstanding orders with a high likelihood of incurring losses.