FaithNetwork (3489) · RiskMitigated
Expected Losses on Contracted Construction Projects and Provision for Construction Losses
First written in FY2024. 1 of 3 entries say "Worsened", first in FY2025-H1. Latest entry: FY2025.
3entries
2years
0from disclosures
How it moved
Same theme, other companies
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
57 other companies' latest entry also says "Mitigated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 148 companies compared. The sentences above are computed from all 148.Full recordFilings, disclosures and news, newest first
- FY2025MitigatedAnnual report
「Provision for construction project losses ¥39.081 million －」
The provision for construction project losses, which stood at ¥39.081 million at the end of the previous fiscal year, was nil at the end of the current fiscal year, and no provision was recognized for construction project losses in the current fiscal year. - FY2025-H1WorsenedAnnual report
「Provision for construction project losses ¥39.081 million ¥59.993 million」
The provision for construction project losses, established to cover future losses on projects in progress, increased from ¥39.081 million at the end of the previous consolidated fiscal year to ¥59.993 million. Expected losses were also recognized for the interim period. - FY2024First statedAnnual report
「To provide for future losses on contracted construction projects, the company recognizes the estimated amount of loss for projects among those in progress at the end of the current consolidated fiscal year for which losses are expected to arise and can be reasonably estimated.」
The company disclosed that it recognized a provision of ¥39.081 million for construction project losses because future losses were expected on certain projects in progress.