FaithNetwork (3489) · FactRestated
Additional Costs Associated with Large-Scale Projects, Underground Buried Objects, etc.
First written in FY2020-Q3. 1 of 2 entries say "Restated". Latest entry: FY2020.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Cost, Schedule and Profitability Risk in Construction Contracting ProjectsA theme 34 companies write about · 34 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2019: 6 of 16 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
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 34 companies compared. The sentences above are computed from all 34.Full recordFilings, disclosures and news, newest first
- FY2020RestatedAnnual report
「Sales increased substantially due in part to the sale of a large-scale property, but profit rose only slightly because the property had a relatively low profit margin and construction costs increased due to underground obstructions at development properties, among other factors.」
The company also cited the low profit margin of the large-scale property and higher construction costs due to underground obstructions as factors limiting profit growth to a slight increase. - FY2020-Q3First statedAnnual report
「The factors behind the substantial year-on-year decline in profit included projects with low gross profit margins and projects that incurred additional costs due to underground obstructions and other issues.」
The company stated for the first time that large-scale projects with low gross profit margins and projects incurring additional costs due to underground obstructions and other issues were factors behind the substantial year-on-year decline in profit.