Strengthening end-to-end engineering capabilities from design through erection and profitability
First written in FY2016. 20 of 32 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026Efficiency initiatives continued, but profits declined sharplyAnnual report
「Regarding the results, although the company pursued initiatives including production efficiencies, improved project profitability and greater operating efficiency through work-style reforms, operating profit was ¥4,525 million, down 50.6% year on year, for the same reasons as the decline in net sales.」
The company continued production efficiencies, profitability improvements and greater operating efficiency through work-style reforms, but consolidated operating profit declined 50.6% year on year. - FY2026-H1Miyaji Engineering's profit rose on design changes, while M.M. Bridge's profit fell on lower revenueAnnual report
「As projects on hand generally progressed smoothly, net sales were ¥20,228 million, broadly in line with the year-earlier period and down 2.8% year on year. Regarding the results, operating profit was ¥2,114 million, up 14.1%, reflecting the impact of design changes and other factors.」
Miyaji Engineering's operating profit increased 14.1% year on year, reflecting the impact of design changes and other factors. In contrast, group-wide profit declined due to the impact of lower revenue at M.M. Bridge. - FY2025-H1AdvancedAnnual report
「Regarding the results, as individual projects progressed smoothly, operating profit was ¥4,480 million, up 51.8% year on year; ordinary profit was ¥4,632 million, up 49.9%; and interim net income attributable to owners of the parent was ¥2,258 million, up 27.1%.」
Smooth progress on individual projects resulted in operating profit, ordinary profit and interim net income attributable to owners of the parent exceeding the year-earlier period, with profitability and earning power improving. - FY2024-Q3AdvancedAnnual report
「Miyaji Engineering and M.M. Bridge both won multiple new construction projects involving technically challenging specialized erection methods during the third quarter, enabling order intake to substantially exceed the weak year-earlier period.」
Both operating companies won multiple technically challenging new construction projects using specialized erection methods, converting their comprehensive engineering capabilities into order wins. - FY2024-Q2Profit declined year on year despite continued improvement measuresAnnual report
「Regarding the results, efforts to improve profitability on individual projects and reduce expenses resulted in operating profit of ¥2,951 million, down 7.3% year on year, and ordinary profit of ¥3,089 million, down 6.5%. Although these figures were below the strong results in the year-earlier period, when improvement measures were brought forward, they exceeded the initial forecasts.」
The company continued efforts to improve profitability on individual projects and reduce expenses, but operating profit and ordinary profit declined year on year, partly reflecting the impact of improvement measures being brought forward in the year-earlier period. Meanwhile, both exceeded the initial forecasts. - FY2024-Q1AdvancedAnnual report
「As projects on hand progressed as scheduled, net sales were ¥15,684 million, up 26.8% year on year; operating profit was ¥1,230 million, up 47.3%; ordinary profit was ¥1,314 million, up 42.9%; and quarterly net income attributable to owners of the parent was ¥687 million, up 15.8%, with all figures broadly in line with the plan.」
Progress on projects on hand as scheduled resulted in net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent exceeding the year-earlier period, with quarterly results broadly in line with the plan. - FY2023Efficiency initiatives continued, but profit declined due to revenue carried forwardAnnual report
「Regarding the results, although the company had expected to maintain its plan through production efficiencies including better utilization of the yard at the plant, initiatives to improve project profitability and greater operating efficiency through work-style reforms, despite the adverse impact of higher energy prices, the decline in revenue due to projects carried forward resulted in operating profit of ¥5,127 million, down 11.8% year on year; ordinary profit of ¥5,373 million, down 10.3%; and net income attributable to owners of the parent of ¥3,077 million, down 9.7%.」
The company continued production efficiencies, efforts to improve project profitability and greater operating efficiency through work-style reforms, but operating profit, ordinary profit and net income all declined year on year due to revenue carried forward to the following fiscal year and the impact of higher energy prices. - FY2023-Q3Efficiency initiatives continued, but consolidated profit declined and performance diverged by segmentAnnual report
「Regarding the results, despite the impact of a significant increase in energy and other prices, production efficiencies including better utilization of the yard at the plant, initiatives to improve project profitability, and greater operating efficiency through work-style reforms resulted in operating profit of ¥4,297 million, down 8.0% year on year; ordinary profit of ¥4,509 million, down 6.7%; and quarterly net income attributable to owners of the parent of ¥2,627 million, up 0.8%.」
The company continued production efficiencies, efforts to improve project profitability and greater operating efficiency through work-style reforms, but consolidated operating profit and ordinary profit declined year on year, partly due to higher energy and other prices. - FY2023-Q2AdvancedAnnual report
「Regarding the results, despite the impact of higher prices for resources including steel and electricity, productivity improvements through the Chiba Plant Reform Project, improved profitability on on-site projects, company-wide operating efficiencies, and the incorporation into the first half of improvements originally planned for the second half resulted in operating profit of ¥3,184 million, up 15.6% year on year. Ordinary profit was ¥3,304 million, up 15.9%, and quarterly net income attributable to owners of the parent was ¥1,911 million, up 24.1%.」
In addition to the Chiba Plant Reform Project, higher productivity and profitability, and company-wide operating efficiencies, improvements planned for the second half were brought forward into the first half, resulting in consolidated operating profit increasing 15.6% year on year. - FY2023-Q1Profitability diverged by segment, with consolidated profit decliningAnnual report
「(Miyaji Engineering) Operating profit was ¥759 million, up 35.4% year on year. (M.M. Bridge) Operating profit was ¥59 million, down 92.5%.」
Miyaji Engineering reported higher profit, while M.M. Bridge's operating profit fell 92.5% year on year, indicating divergent profitability trends between the segments. Consolidated operating profit also declined 37.6% year on year. - FY2022-Q3AdvancedAnnual report
「Regarding the results, production efficiencies including better utilization of the yard at the plant, initiatives to improve project profitability, and greater operating efficiency through work-style reforms resulted in operating profit of ¥4,669 million, up 18.4% year on year; ordinary profit of ¥4,831 million, up 21.4%; and quarterly net income attributable to owners of the parent of ¥2,606 million, up 4.4%.」
The company continued better utilization of the yard at the plant, production efficiencies, improved project profitability and greater operating efficiency through work-style reforms, resulting in operating profit, ordinary profit and quarterly net income attributable to owners of the parent exceeding the year-earlier period. - FY2022-Q2Efficiency and profitability improvements continued, but consolidated profit declinedAnnual report
「Regarding the results, in addition to efforts to improve productivity through the Chiba Plant Reform Project, improve profitability on on-site projects and enhance company-wide operating efficiency, improvements originally planned for the second half were brought forward into the first half. Operating profit was ¥2,755 million, down 14.3% from the year-earlier period.」
The company continued the Chiba Plant Reform Project, efforts to improve profitability on on-site projects and company-wide operating efficiencies, but operating profit declined 14.3% year on year. - FY2022-Q1AdvancedAnnual report
「Regarding the results, efforts to improve production efficiency, including better utilization of the yard at the plant through the Chiba Plant Reform Project, and to improve profitability resulted in operating profit of ¥1,339 million, up 17.3% year on year; ordinary profit of ¥1,407 million, up 17.0%; and quarterly net income attributable to owners of the parent of ¥677 million, down 12.3%.」
The company advanced better utilization of the yard, production efficiencies and improved profitability through the Chiba Plant Reform Project, resulting in operating profit increasing 17.3% year on year and ordinary profit increasing 17.0%. - FY2021AdvancedAnnual report
「Regarding the results, production efficiencies including better utilization of the yard at the plant through the Chiba Plant Reform Project, initiatives to improve project profitability, and greater operating efficiency through work-style reforms resulted in operating profit of ¥5,501 million, up 5.0% year on year, and ordinary profit of ¥5,547 million, up 3.3%.」
Operating profit and ordinary profit exceeded the year-earlier period through the Chiba Plant Reform Project, production efficiencies, improved project profitability and greater operating efficiency through work-style reforms. - FY2021-Q3AdvancedAnnual report
「Regarding the results, production efficiencies including better utilization of the yard at the plant, initiatives to improve project profitability, and greater operating efficiency through work-style reforms resulted in operating profit of ¥3,944 million, up 2.7% year on year; ordinary profit of ¥3,978 million, up 0.3%; and quarterly net income attributable to owners of the parent of ¥2,495 million, up 14.4%.」
The company advanced better utilization of the yard at the plant, production efficiencies, improved project profitability and operating efficiencies through work-style reforms, resulting in operating profit, ordinary profit and quarterly net income attributable to owners of the parent exceeding the year-earlier period. - FY2021-Q2AdvancedAnnual report
「Initiatives to improve production efficiency, including better utilization of the yard at the plant, and to improve project profitability resulted in operating profit of ¥3,215 million, up 34.1% year on year, and ordinary profit of ¥3,295 million, up 32.7%.」
The company pursued production efficiencies through better utilization of the yard at the plant and improved project profitability, resulting in operating profit and ordinary profit exceeding the year-earlier period. - FY2021-Q1AdvancedAnnual report
「(Miyaji Engineering) Regarding the results, operating profit was ¥1,010 million, up 10.2% year on year, reflecting efforts including the reduction of project costs.」
Efforts to reduce project costs resulted in Miyaji Engineering's operating profit increasing 10.2% year on year. - FY2020AdvancedAnnual report
「Regarding the results, initiatives including more efficient production, such as improving utilization of the yard at the Chiba plant, and improving project profitability resulted in higher operating profit and ordinary profit.」
The company pursued better utilization of the yard at the Chiba plant, production efficiencies and improved project profitability, recording operating profit of ¥5,241 million and ordinary profit of ¥5,368 million. - FY2020-Q3AdvancedAnnual report
「Regarding the results, operating profit was ¥3,838 million, up 14.5% year on year; ordinary profit was ¥3,967 million, up 12.5%; and quarterly net income attributable to owners of the parent was ¥2,182 million, up 0.2%, reflecting steady performance.」
Against a backdrop of progress on individual projects and improved profitability, operating profit and ordinary profit exceeded the year-earlier period, indicating progress in efforts to improve profitability. - FY2020-Q2AdvancedAnnual report
「Regarding the results, operating profit was ¥708 million, up 79.2% year on year, as some design changes were contracted ahead of schedule and the company pursued more efficient production and improved project profitability.」
MMB contracted design changes ahead of schedule and pursued production efficiencies and improved project profitability, resulting in operating profit increasing 79.2% year on year. - FY2019-Q3AdvancedAnnual report
「Regarding the results, in addition to higher net sales, efforts to improve profitability on individual projects and reduce costs across the business resulted in operating profit of ¥3,353 million, up 25.1% year on year; ordinary profit of ¥3,525 million, up 29.1%; and quarterly net income attributable to owners of the parent of ¥2,178 million, up 48.6%.」
Higher net sales, improved profitability on individual projects, and company-wide cost reductions resulted in operating profit, ordinary profit and quarterly net income attributable to owners of the parent exceeding the year-earlier period. - FY2019-Q2AdvancedAnnual report
「Regarding the results, highly profitable projects were recognized as revenue, and efforts to improve profitability on individual projects and reduce costs across the business resulted in operating profit of ¥2,022 million, up 14.5% year on year; ordinary profit of ¥2,109 million, up 15.4%; and quarterly net income attributable to owners of the parent of ¥1,373 million, up 44.3%.」
Recognition of revenue from highly profitable projects, improved profitability on individual projects, and company-wide cost reductions resulted in operating profit, ordinary profit and quarterly net income attributable to owners of the parent exceeding the year-earlier period. - FY2019-Q1AdvancedAnnual report
「Regarding the results, highly profitable projects were recognized as revenue, and efforts to improve profitability on individual projects and reduce costs across the business resulted in operating profit of ¥1,488 million, up 27.8% year on year; ordinary profit of ¥1,560 million, up 28.3%; and quarterly net income attributable to owners of the parent of ¥1,029 million, up 47.4%.」
Recognition of revenue from highly profitable projects, improved profitability on individual projects, and overall cost reductions resulted in operating profit, ordinary profit and net income exceeding the year-earlier period. - FY2018RestatedAnnual report
「We will work to strengthen comprehensive engineering capabilities from design, planning and fabrication through erection, and to further improve profitability.」
The policy of strengthening comprehensive engineering capabilities and profitability from design through erection was reiterated. - FY2018-Q3AdvancedAnnual report
「Regarding the results, highly profitable projects were recognized as revenue, and efforts to improve profitability on individual projects and reduce costs across the business resulted in operating profit of ¥2,679 million, up 47.6% year on year; ordinary profit of ¥2,731 million, up 44.4%; and quarterly net income attributable to owners of the parent of ¥1,466 million, up 1.4%.」
Recognition of revenue from highly profitable projects, improved profitability on individual projects, and company-wide cost reductions resulted in operating profit increasing 47.6% year on year and ordinary profit increasing 44.4%. - FY2018-Q2AdvancedAnnual report
「Regarding the results, as individual projects progressed generally as planned and profitability improved on some large-scale projects, operating profit was ¥1,766 million, up 65.8% year on year; ordinary profit was ¥1,828 million, up 63.1%; and quarterly net income attributable to owners of the parent was ¥952 million, up 19.4%.」
Progress on individual projects and improved profitability on some large-scale projects resulted in first-half operating profit of ¥1,766 million and ordinary profit of ¥1,828 million, both higher year on year. - FY2018-Q1AdvancedAnnual report
「Regarding the results, as individual projects progressed generally as planned and profitability improved on some large-scale projects, operating profit was ¥1,165 million, up 188.0% year on year; ordinary profit was ¥1,216 million, up 176.6%; and quarterly net income attributable to owners of the parent was ¥698 million, up 304.8%.」
In addition to progress on individual projects, profitability improved on some large-scale projects, resulting in operating profit increasing 188.0% year on year and ordinary profit increasing 176.6%. - FY2017RestatedAnnual report
「The company will also strengthen its integrated engineering capabilities from design, planning and fabrication through erection, and further improve profitability.」
The policy of strengthening comprehensive engineering capabilities and profitability from design through erection remains in place. - FY2017-Q3AdvancedAnnual report
「As a result of progress and revenue recognition on highly profitable construction projects, efforts to improve the profitability of individual projects, and cost reductions across operations, operating profit rose 129.7% year on year to ¥1,815 million and ordinary profit rose 124.9% to ¥1,892 million.」
Operating profit and ordinary profit increased significantly year on year, driven by progress on highly profitable projects, improved profitability on individual projects, and company-wide cost reductions. - FY2017-Q2RestatedAnnual report
「As a result of the concentration of progress on highly profitable construction projects in the first half and the company's continued focus on reducing costs across its operations and increasing contract amounts through design changes, operating profit rose 87.6% year on year to ¥1,065 million and ordinary profit rose 83.3% to ¥1,121 million.」
The company continued to focus on cost reductions and increasing contract amounts through design changes, and first-half operating profit and ordinary profit increased year on year. - FY2017-Q1RestatedAnnual report
「Regarding earnings, the company continued to focus on reducing costs across its operations and increasing contract amounts through design changes. As a result, operating profit rose 10.1% year on year to ¥404 million and ordinary profit rose 6.9% to ¥439 million, but net income attributable to owners of the parent fell 91.0% to ¥172 million, partly because the company recorded a ¥1,498 million gain on negative goodwill under extraordinary income in the same period of the previous year.」
The policy of improving profitability through increases in contract amounts resulting from design changes and cost reductions continues to be stated. - FY2016First statedAnnual report
「The company will also strengthen its integrated engineering capabilities from design, planning and fabrication through erection, and further improve profitability.」
The company has identified strengthening integrated engineering capabilities and improving profitability as specific measures to reinforce its management foundation.