Decline in the Number of Public Calls for Overseas ODA Grant Aid Projects
First written in FY2020-Q1. 4 of 11 entries say "Worsened", first in FY2022. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Weak order backlog and simultaneous improvement in profitabilityAnnual report
「During the fiscal year under review, consumption of the opening order backlog recovered in the second half, and as high-value orders progressed, profitability improved because the projects completed included projects with high profit margins.」
In the overseas consulting business, profitability improved, while the order backlog remained weak at ¥617 million, down 32.19% year on year, indicating the coexistence of a weak order environment and improved profitability. - FY2025WorsenedAnnual report
「A reduction at settlement occurred following changes to the settlement guidelines of the Japan International Cooperation Agency (JICA).」
In the overseas consulting business, the decline in orders received and projects completed for JICA projects was compounded by a reduction at settlement resulting from changes to the settlement guidelines. - FY2024WorsenedAnnual report
「During the fiscal year under review, the number of orders received and projects completed during the period from the Japan International Cooperation Agency (JICA) decreased, resulting in revenue declining by ¥29 million from the previous fiscal year and by ¥153 million from the initial forecast.」
In the overseas consulting business, the decline in the number of orders received from JICA and projects completed during the period became evident and was a factor behind the decline in revenue. - FY2023RestatedAnnual report
「During the fiscal year under review, some projects were delayed amid a low opening order backlog, but overall progress was steady. Revenue increased by ¥72 million from the previous fiscal year, while higher expenses for handling projects and other matters resulted in a ¥12 million decline in operating profit.」
In the overseas consulting business, the low opening order backlog and project-related costs persisted, while revenue increased. There has been no major change in the difficult order environment. - FY2023-Q3RestatedAnnual report
「Although overall progress was broadly in line with expectations despite a lower opening order backlog than in the previous fiscal year, higher expenses for handling projects and other matters resulted in lower revenue and lower profit. As a result, revenue from this business was ¥532 million, down 5.8% year on year, and operating profit was ¥23 million, down 51.2%.」
In the overseas consulting business, the low opening order backlog continued, resulting in a 5.8% decline in revenue and a 51.2% decline in operating profit. There has been no significant change in the difficult order environment for overseas ODA projects and other projects. - FY2023-Q2RestatedAnnual report
「Since the previous fiscal year, the company has recognized revenue based on the percentage-of-completion method following the change in the revenue recognition accounting standard, but it operated with a lower opening order backlog than in the previous fiscal year. As a result, revenue from this business was ¥361 million, down 4.6% year on year, and operating profit was ¥15 million, down 50.1%.」
In the overseas consulting business, the low opening order backlog continued, resulting in a 4.6% decline in revenue and a 50.1% decline in operating profit. There has been no significant change in the difficult order environment noted in the previous quarter. - FY2023-Q1WorsenedAnnual report
「The business operated with a lower opening order backlog than in the previous fiscal year. As a result, revenue from this business was ¥128 million, down 45.6% year on year, and it recorded an operating loss of ¥21 million, compared with operating profit of ¥28 million in the previous fiscal year.」
In the overseas consulting business, the decline in the opening order backlog was reflected in performance, with revenue down 45.6% year on year and an operating loss of ¥21 million. Difficult conditions for securing orders, including overseas ODA projects, have continued. - FY2022WorsenedAnnual report
「The order backlog at the end of the fiscal year under review was 17.6% below that at the end of the previous fiscal year, and difficult conditions are expected to continue into the next fiscal year and beyond.」
In the overseas consulting business, some overseas operations resumed and revenue and profit increased, while the order backlog at year-end declined 17.6% from the end of the previous fiscal year, indicating that the impact of the decline in ODA projects continues. The company is promoting order diversification through participation in loan-assistance projects and other measures. - FY2021MitigatedAnnual report
「The order backlog at the end of the fiscal year under review was 94.5% higher than at the end of the previous fiscal year. Accordingly, with the impact of COVID-19 expected to remain a concern in the next fiscal year, conditions for overseas operations are expected to be a key factor in performance.」
While the interruption of overseas operations resulted in weak performance for the fiscal year, the order backlog at year-end increased 94.5% from the end of the previous fiscal year, indicating a degree of recovery alongside diversification of projects. - FY2020MaterialisedAnnual report
「The downward trend in grant-aid projects has continued, and although the company is promoting diversification of projects, including participation in loan-assistance projects, the order backlog at the end of the fiscal year under review was ¥439 million lower than at the end of the previous fiscal year, a decline of 29.8%, and the issue has not been resolved.」
The continued decline in public tenders for ODA grant-aid projects became evident in the overseas consulting business, with the order backlog down 29.8%, revenue down 29.1% and an operating loss of ¥22 million. - FY2020-Q1First statedAnnual report
「Against this backdrop, although the number of public tenders for ODA grant-aid projects has been trending downward, the company continues to pursue the business with a view to securing orders for such projects.」
The company identified for the first time, as a standalone risk in the market environment for its overseas consulting business, the downward trend in the number of public tenders for ODA grant-aid projects.