Occurrence of construction contracts expected to incur losses
First written in FY2016. 20 of 36 entries say "Mitigated", first in FY2017-Q3. Latest entry: 2026-08-06.
Miyaji Engineering Group moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
57 other companies' latest entry also says "Mitigated".
- 2026-08-06MitigatedEarnings
「The provision for contract losses declined from ¥2.385 billion to ¥2.179 billion.」
The balance of the provision for contract losses declined by ¥206 million from the previous fiscal year-end, but a provision remained. - FY2026WorsenedAnnual report
「Provision for construction contract losses ¥2,022 million ¥2,385 million」
The balance of the provision for construction contract losses increased from ¥2,022 million at the end of the previous fiscal year to ¥2,385 million, and the risk associated with construction contracts expected to generate losses expanded again. - FY2026-H1MitigatedAnnual report
「Provision for construction contract losses 2,022 1,817」
The balance of the provision for construction contract losses decreased from ¥2,022 million at the end of the previous fiscal year to ¥1,817 million. However, the provision related to construction contracts expected to generate losses remains. - FY2025-H1MitigatedAnnual report
「Provision for construction contract losses 3,044 1,860」
The balance of the provision for construction contract losses decreased by ¥1,184 million from ¥3,044 million at the end of the previous fiscal year to ¥1,860 million. However, the provision related to construction contracts expected to generate losses remains. - FY2024-Q3WorsenedAnnual report
「Provision for construction contract losses 2,528 3,582」
The balance of the provision for construction contract losses increased from ¥2,528 million at the end of the previous fiscal year to ¥3,582 million at the end of the third quarter, expanding the risk associated with construction contracts expected to generate losses. - FY2024-Q2MitigatedAnnual report
「Provision for construction contract losses 2,528 2,422」
The balance of the provision for construction contract losses decreased from ¥2,528 million at the end of the previous fiscal year to ¥2,422 million at the end of the second quarter. However, the provision remains. - FY2024-Q1WorsenedAnnual report
「Provision for construction contract losses 2,528 2,666」
The balance of the provision for construction contract losses increased from ¥2,528 million at the end of the previous fiscal year to ¥2,666 million at the end of the first quarter, expanding the risk associated with construction contracts expected to generate losses. - FY2023WorsenedAnnual report
「Provision for construction contract losses 1,868 2,528」
The balance of the provision for construction contract losses increased from ¥1,868 million at the end of the previous fiscal year to ¥2,528 million, expanding the risk associated with construction contracts expected to generate losses. - FY2023-Q3MitigatedAnnual report
「Provision for construction contract losses 1,868 1,795」
The balance of the provision for construction contract losses decreased from ¥1,868 million at the end of the previous fiscal year to ¥1,795 million at the end of the third quarter, but the provision remains. - FY2023-Q2MitigatedAnnual report
「Provision for construction contract losses 1,868 1,832」
The balance of the provision for construction contract losses decreased from ¥1,868 million at the end of March 2022 to ¥1,832 million at the end of the second quarter. However, the provision remains. - FY2023-Q1WorsenedAnnual report
「Provision for construction contract losses 1,868 1,879」
The balance of the provision for construction contract losses increased from ¥1,868 million at the end of the previous fiscal year to ¥1,879 million at the end of the first quarter, resulting in a modest expansion of the risk associated with construction contracts expected to generate losses. - FY2022-Q3MitigatedAnnual report
「Total liabilities decreased by ¥250 million from the end of the previous fiscal year to ¥25,481 million. The main factors were an increase of ¥1,504 million in notes payable, accrued construction costs and other items, while the provision for construction contract losses, provision for bonuses, and accounts payable included in other current liabilities decreased by ¥213 million, ¥356 million and ¥1,110 million, respectively.」
The provision for construction contract losses decreased by ¥213 million from the end of the previous fiscal year, bringing the balance to ¥1,646.1 million. However, the provision remains. - FY2022-Q2MitigatedAnnual report
「Provision for construction contract losses 1,859,700 1,838,600」
The balance of the provision for construction contract losses decreased from ¥1,859.70 million at the end of the previous fiscal year to ¥1,838.60 million, but the provision remains. - FY2022-Q1WorsenedAnnual report
「Provision for construction contract losses 1,859,700 2,020,100」
The balance of the provision for construction contract losses increased from ¥1,859.70 million at the end of the previous fiscal year to ¥2,020.10 million at the end of the first quarter, expanding the risk associated with construction contracts expected to generate losses. - FY2021WorsenedAnnual report
「Provision for construction contract losses 1,480,500 1,859,700」
The balance of the provision for construction contract losses increased from ¥1,480.50 million at the end of the previous fiscal year to ¥1,859.70 million, expanding the risk associated with construction contracts expected to generate losses. - FY2021-Q3MitigatedAnnual report
「Provision for construction contract losses 1,480,500 1,102,100」
The balance of the provision for construction contract losses decreased from ¥1,480.5 million at the end of the previous fiscal year to ¥1,102.1 million. However, the provision remains. - FY2021-Q2MitigatedAnnual report
「Provision for construction contract losses 1,480,500 1,212,000」
The balance of the provision for construction contract losses decreased by ¥268.5 million from ¥1,480.5 million at the end of the previous fiscal year to ¥1,212.0 million. However, the provision remains. - FY2021-Q1WorsenedAnnual report
「Provision for construction contract losses 1,480,500 1,496,900」
The balance of the provision for construction contract losses increased from ¥1,480.5 million at the end of the previous fiscal year to ¥1,496.9 million at the end of the first quarter, resulting in a modest expansion of the risk associated with construction contracts expected to generate losses. - FY2020MitigatedAnnual report
「This was due to a decrease of ¥413 million in the provision for construction contract losses.」
The balance of the provision for construction contract losses decreased by ¥413.7 million from ¥1,894.2 million at the end of the previous fiscal year to ¥1,480.5 million, but the provision remains. - FY2020-Q3MitigatedAnnual report
「Total liabilities increased by ¥5,962 million from the end of the previous fiscal year to ¥33,524 million. The main factors were an increase of ¥7,750 million in short-term borrowings, while advances received on construction contracts and the provision for construction contract losses decreased by ¥921 million and ¥672 million, respectively.」
The provision for construction contract losses decreased by ¥672 million from the end of the previous fiscal year, bringing the balance to ¥1,222.2 million. However, the provision remains. - FY2020-Q2MitigatedAnnual report
「Total liabilities increased by ¥714 million from the end of the previous fiscal year to ¥28,275 million. The main factors were increases of ¥877 million in notes payable and accrued construction costs and ¥850 million in short-term borrowings, while advances received on construction contracts and the provision for construction contract losses decreased by ¥160 million and ¥650 million, respectively.」
The provision for construction contract losses decreased by ¥650 million from the end of the previous fiscal year, bringing the balance to ¥1,244.0 million. However, the provision remains. - FY2020-Q1MitigatedAnnual report
「Provision for construction contract losses 1,894,200 1,666,600」
The balance of the provision for construction contract losses decreased from ¥1,894.2 million at the end of the previous fiscal year to ¥1,666.6 million at the end of the first quarter. However, the provision remains. This represents an actual risk quantified in monetary terms. - FY2019-Q3MitigatedAnnual report
「Provision for construction contract losses 2,339,600 1,850,400」
The balance of the provision for construction contract losses decreased from ¥2,339.6 million at the end of the previous fiscal year to ¥1,850.4 million at the end of the third quarter, but the provision remains. - FY2019-Q2MitigatedAnnual report
「Provision for construction contract losses 2,339,600 2,109,400」
The balance of the provision for construction contract losses decreased by ¥230.2 million from ¥2,339.6 million at the end of the previous fiscal year to ¥2,109.4 million. However, the provision remains. - FY2019-Q1MitigatedAnnual report
「Provision for construction contract losses 2,339,600 1,952,800」
The balance of the provision for construction contract losses decreased from ¥2,339.6 million at the end of the previous fiscal year to ¥1,952.8 million, but the provision remains. - FY2018WorsenedAnnual report
「Provision for construction contract losses 1,486,600 2,339,600」
The balance of the provision for construction contract losses increased from ¥1,486.6 million at the end of the previous fiscal year to ¥2,339.6 million, expanding the risk associated with construction contracts expected to generate losses. - FY2018-Q3WorsenedAnnual report
「Total liabilities increased by ¥3,678 million from the end of the previous fiscal year to ¥29,523 million. The main factors were increases of ¥1,638 million in notes payable and accrued construction costs, ¥820 million in advances received on construction contracts, and ¥1,120 million in the provision for construction contract losses.」
The provision for construction contract losses increased by ¥1,120 million from the end of the previous fiscal year, bringing the balance to ¥2,607.4 million. The risk associated with construction contracts expected to generate losses is expanding. - FY2018-Q2WorsenedAnnual report
「Total liabilities increased by ¥2,163 million from the end of the previous fiscal year to ¥28,008 million. The main factors were increases of ¥1,230 million in advances received on construction contracts and ¥990 million in the provision for construction contract losses.」
The provision for construction contract losses increased by ¥990 million from the end of the previous fiscal year, bringing the balance to ¥2,477.5 million. The risk associated with construction contracts expected to generate losses has expanded again. - FY2018-Q1MitigatedAnnual report
「Provision for construction contract losses 1,486,600 1,095,200」
The balance of the provision for construction contract losses decreased from ¥1,486.6 million at the end of the previous fiscal year to ¥1,095.2 million at the end of the first quarter, but the provision remains. - FY2017MitigatedAnnual report
「Provision for loss on construction contracts 2,602,400 1,486,600」
The balance of the provision for construction contract losses decreased from ¥2,602.4 million at the end of the previous fiscal year to ¥1,486.6 million, but the provision remains. - FY2017-Q3MitigatedAnnual report
「Provision for loss on construction contracts 2,602,400 1,665,700」
The balance of the provision for loss on construction contracts decreased from ¥2,602.4 million at the end of the previous consolidated fiscal year to ¥1,665.7 million. However, the provision remains, and there was no statement that the risk had been eliminated. - FY2017-Q2MaterialisedAnnual report
「Regarding income and expenses, although the company worked to improve production efficiency and construction profitability and reduce expenses across the company, operating income was ¥557 million, down 19.8% year on year, partly due to the recognition of a provision for losses on construction contracts.」
A provision for loss on construction contracts was also recognized in the first half, indicating that the risk of loss-making construction contracts continues to be reflected in actual earnings. The provision balance at the end of the quarter was ¥2,093 million. - FY2017-Q1MaterialisedAnnual report
「Regarding income and expenses, although the company worked to improve production efficiency and construction profitability and reduce expenses across the company, operating income was ¥118 million, down 73.7% year on year, partly due to the recognition of a provision for losses on construction contracts.」
Miyaji Engineering recognized a provision for loss on construction contracts in the current quarter as well, indicating that the risk of loss-making construction contracts continues to be reflected in actual earnings. - FY2016MaterialisedAnnual report
「Although the Company continued to focus on reducing costs across all areas of management, operating profit was ¥1,088 million, down 1.1% year on year, and ordinary profit was ¥1,144 million, down 3.2%, mainly because it recognized a provision for loss on construction contracts,」
A provision for loss on construction contracts was actually recognized, and the balance at the end of the fiscal year was quantified at ¥2,602.4 million.