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Jtec (3446) · FactProvision for losses on orders decreased

Provision for contract losses on orders expected to incur losses

First written in FY2019. . Latest entry: FY2026.

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ProgressHeldSoftenedWorseOtherFY2019 – FY20262019: 22020: 320202021: 220212022: 320222023: 320232024: 020242025: 120252026: 22026
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Release of the Provision for Losses on Contracts Expected to Incur LossesA theme 148 companies write about · 147 as a headwind · 1 as a tailwind

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Showing 14 of the 148 companies compared. The sentences above are computed from all 148.
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  1. FY2026Provision for losses on orders decreasedAnnual report

    「Provision for contract loss 10,756 5,509」

    The balance of the provision for contract loss decreased from ¥10,756 thousand at the end of the previous fiscal year to ¥5,509 thousand.
  2. FY2026-H1Provision for losses on orders decreasedAnnual report

    「Provision for contract loss 10,756 6,954」

    The balance of the provision for contract loss decreased from ¥10,756 thousand at the end of the previous consolidated fiscal year to ¥6,954 thousand at the end of the interim period of the current consolidated fiscal year.
  3. FY2025-H1Provision for losses on contracts recorded againAnnual report

    「Provision for contract loss - 4,737」

    A provision for contract loss, which had no balance at the end of the previous consolidated fiscal year, was recorded at ¥4,737 thousand at the end of the interim period of the current consolidated fiscal year.
  4. FY2024-Q1Provision for losses on contracts recordedAnnual report

    「Provision for contract loss - 110」

    A provision for contract loss, which had no balance at the end of the previous consolidated fiscal year, was recorded at ¥110 thousand at the end of the first quarter of the current consolidated fiscal year.
  5. FY2023-Q3Provision for contract loss reduced to zeroAnnual report

    「Provision for contract loss 40 -」

    The balance of the provision for contract loss decreased from ¥40 thousand at the end of the previous consolidated fiscal year to zero at the end of the third quarter of the current consolidated fiscal year.
  6. FY2023-Q2Provision for contract losses increasedAnnual report

    「Provision for contract loss 40 1,452」

    The balance of the provision for contract loss increased from ¥40 thousand at the end of the previous consolidated fiscal year to ¥1,452 thousand at the end of the second quarter of the current consolidated fiscal year. An increase of ¥1,412 thousand is recorded in the statement of cash flows.
  7. FY2023-Q1Provision for contract losses increasedAnnual report

    「Provision for losses on orders ¥40 thousand ¥147 thousand」

    The balance of the provision for contract loss increased from ¥40 thousand at the end of the previous consolidated fiscal year to ¥147 thousand at the end of the first quarter of the current consolidated fiscal year.
  8. FY2022Provision for losses on contracts recordedAnnual report

    「Provision for losses on orders — ¥40 thousand」

    At the end of the fiscal year, the company recognized a provision for losses on orders of ¥40 thousand for orders with a high likelihood of incurring losses.
  9. FY2022-Q2Provision for contract losses increasedAnnual report

    「Provision for Losses on Contracts」

    The provision for losses on orders increased from ¥1.235 million at the end of the first quarter to ¥1.565 million at the end of the second quarter.
  10. FY2022-Q1Provision for losses on contracts recordedAnnual report

    「Provision for losses on orders — ¥1.235 million」

    The provision for losses on orders increased from nil at the end of the previous consolidated fiscal year to ¥1.235 million at the end of the first quarter.
  11. FY2021-Q2Provision for losses on orders decreasedAnnual report

    「Provision for losses on orders — ¥1.86 million」

    The provision for losses on orders increased from nil at the end of the previous fiscal year to ¥1.86 million at the end of the second quarter.
  12. FY2021-Q1Provision for contract losses recognized againAnnual report

    「Provision for Losses on Contracts」

    A provision for losses on orders of ¥3.8 million was recognized at the end of the first quarter, although there was no balance at the end of the previous fiscal year.
  13. FY2020-Q3Balance of provision for losses on orders fell to zeroAnnual report

    「Provision for losses on orders ¥5.784 million —」

    The balance of the provision for losses on orders fell from ¥5.784 million at the end of the previous fiscal year to nil at the end of the third quarter. The body of the report does not provide details of the reason for the decrease.
  14. FY2020-Q2Provision for losses on orders decreasedAnnual report

    「Provision for losses on orders ¥5.784 million ¥838 thousand」

    The balance of the provision for losses on orders decreased from ¥5.784 million at the end of the previous fiscal year to ¥838 thousand. The body of the report does not provide details of the reason for the decrease.
  15. FY2020-Q1Provision for contract losses increasedAnnual report

    「Provision for Losses on Contracts」

    The balance of the provision for losses on orders increased from ¥5.784 million at the end of the previous fiscal year to ¥15.209 million. The body of the report does not explain the amount of any newly recognized provision or the details of the individual orders.
  16. FY2019First statedAnnual report

    「To provide for future losses related to order contracts, the company recognizes the estimated losses from the fiscal year following the current fiscal year onward for orders outstanding at the end of the current fiscal year where the likelihood of losses is high and the amount of the losses can be reasonably estimated as of the end of the current fiscal year.」

    During the fiscal year, the company recognized a provision for losses on orders of ¥5.784 million and also disclosed work in process of ¥14.736 million relating to the applicable orders.
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Provision for contract losses on orders expected to incur losses | JTEC CORPORATION (3446) | Komori