Curbing Unprofitable Projects
First written in FY2017-Q1. 7 of 31 entries say "Restated". Latest entry: 2026-05-15.
The whole theme swung hardest in 2022: 1 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- 2026-05-15RestatedRevisions to earnings forecasts
「We continued working to expand contract projects and curb unprofitable projects.」
Curbing unprofitable projects was reaffirmed as a measure toward the qualitative transformation of core businesses. - FY2025MitigatedAnnual report
「Operating profit increased from the previous fiscal year, due to the increase in revenue and the completion of unprofitable projects that had arisen through the previous fiscal year, which improved the profit margin.」
The completion of unprofitable projects that had arisen through the previous fiscal year and the improvement in the profit margin are cited as factors behind higher earnings in the systems integration business. - FY2025-H1RestatedAnnual report
「We continued working to expand contract projects and curb unprofitable projects.」
We continue to contain unprofitable projects alongside the expansion of contract-based projects and other measures. - FY2024MitigatedAnnual report
「Operating profit increased significantly from the previous fiscal year, due to the increase in revenue and the completion of unprofitable projects that had continued from the previous fiscal year.」
In the systems integration business, the unprofitable projects that had continued were completed, and results turned from an operating loss to operating profit of ¥228 million. The provision for contract losses on the consolidated balance sheet also fell to zero from ¥4.161 million in the previous fiscal year. - FY2024-Q2MitigatedAnnual report
「Although the decline in revenue and other factors resulted in a loss, the completion of unprofitable projects that had continued from the previous fiscal year enabled us to reduce the loss from the previous fiscal year.」
The completion of unprofitable projects reduced the systems integration business's operating loss from ¥86 million in the same period of the previous year to ¥32 million. - FY2024-Q1RestatedAnnual report
「We continue to expand the use of products and cloud services, strengthen collaboration with the 3 companies with which we entered into capital and business alliances in 2021 (JR East Information Systems Company, Kanematsu Electronics Ltd., and Canon Marketing Japan Inc.), expand contract-based projects, and contain unprofitable projects.」
We continue to contain unprofitable projects alongside the use of development tools, collaboration with alliance partners, and the expansion of contract-based projects. - FY2023MitigatedAnnual report
「In terms of profit and loss, the increase in revenue and the completion of unprofitable projects that had continued from the previous fiscal year resulted in a profit.」
In the systems integration business, the unprofitable projects that had continued were completed, and results turned from an operating loss to operating profit of ¥1 million. - FY2023-Q3WorsenedAnnual report
「To achieve a qualitative transformation of the core business, we are expanding the use of development methods that leverage various development tools, including products and cloud services, strengthening collaboration with the 3 companies with which we entered into capital and business alliances in 2021 (JR East Information Systems Company, Kanematsu Electronics Ltd., and Canon Marketing Japan Inc.), expanding contract-based projects, and working to contain unprofitable projects.」
While continuing to prioritize the containment of unprofitable projects, an unprofitable government-related project emerged in the systems development business, becoming a factor behind the decline in operating profit. - FY2023-Q2WorsenedAnnual report
「In terms of profit and loss, the unprofitable government-related projects that emerged and other factors resulted in a decline from the previous fiscal year.」
While aiming to contain unprofitable projects, an unprofitable government-related project emerged in the systems development business, becoming a factor behind the decline in operating profit. - FY2023-Q1WorsenedAnnual report
「In terms of profit and loss, the emergence of an unprofitable government-related project and other factors resulted in a loss.」
While working to contain unprofitable projects, an unprofitable government-related project emerged in the government-related operations of the systems development business, becoming a factor behind the operating loss. - FY2022WorsenedAnnual report
「In terms of profit and loss, the emergence of unprofitable ERP-related projects and other factors resulted in a loss.」
While aiming to contain unprofitable projects, an unprofitable ERP-related project emerged in the systems integration business, becoming a factor behind the operating loss. - FY2022-Q3WorsenedAnnual report
「In terms of profit and loss, the emergence of unprofitable ERP-related projects and other factors resulted in a loss.」
While working to contain unprofitable projects, an unprofitable ERP-related project emerged, and the systems integration business's operating loss increased from ¥144 million in the same period of the previous year to ¥256 million. - FY2022-Q2WorsenedAnnual report
「In terms of profit and loss, the emergence of unprofitable ERP-related projects and other factors resulted in a loss.」
While working to contain unprofitable projects, an unprofitable ERP-related project emerged in the systems integration business, becoming a factor behind the operating loss. - FY2021Continued emergence of unprofitable projectsAnnual report
「We will also work to strengthen project management to prevent losses from unprofitable projects.」
While strengthening project management to prevent unprofitable projects, an unprofitable project emerged in the systems integration business during the fiscal year, becoming a factor behind the decline in earnings. - FY2021-Q3Losses recorded from unprofitable projectsAnnual report
「In terms of profit and loss, the decline in revenue and the emergence of unprofitable projects resulted in a loss.」
While working to contain unprofitable projects, the emergence of unprofitable projects in the systems integration business became a factor behind the loss. - FY2021-Q1Widening losses due to the impact of unprofitable projectsAnnual report
「In terms of profit and loss, losses widened year on year, mainly due to lower revenue and the impact of unprofitable projects.」
While working to contain unprofitable projects, losses in the systems development business increased due to the impact of unprofitable projects. - FY2020Continued emergence of some unprofitable projectsAnnual report
「Operating profit declined year on year, mainly due to the impact of some unprofitable projects.」
While the company cited preventing the emergence of unprofitable projects through project management as a priority, some unprofitable projects emerged in the SI business, contributing to the decline in profit. - FY2020-Q3Continued emergence of some unprofitable projectsAnnual report
「Operating profit increased year on year despite the emergence of some unprofitable projects, reflecting higher revenue and improved profitability in the telecommunications sector.」
While the company worked to curb unprofitable projects, some continued to emerge. However, the system development business recorded operating profit, supported by improved profitability in the telecommunications sector. - FY2020-Q2Some unprofitable projects continueAnnual report
「In terms of profit and loss, the company recorded a loss, mainly due to lower revenue and the emergence of some unprofitable projects.」
While the company worked to curb unprofitable projects, some unprofitable projects emerged in the system development business, contributing to the loss. - FY2020-Q1Continued emergence of some unprofitable projectsAnnual report
「In terms of profit and loss, the company recorded a loss, mainly due to lower revenue and the emergence of some unprofitable projects.」
While the company worked to curb unprofitable projects, some unprofitable projects emerged in the system development business, contributing to the operating loss. - FY2019Earnings decline from some unprofitable projectsAnnual report
「Operating profit declined year on year, mainly due to the emergence of some unprofitable projects.」
While the company cited preventing the emergence of unprofitable projects as a priority, some unprofitable projects emerged in the system development business, resulting in a 65.3% year-on-year decline in operating profit. - FY2019-Q3Losses from unprofitable projectsAnnual report
「In terms of profit and loss, the company recorded a loss, mainly because some unprofitable projects emerged in the telecommunications sector.」
While the company worked to curb unprofitable projects, some unprofitable projects emerged in the telecommunications sector, resulting in a loss in the system development business. - FY2019-Q2Occurrence of Unprofitable ProjectsAnnual report
「In terms of profit and loss, the company recorded a loss, mainly due to the recognition of a provision for loss on orders following the emergence of unprofitable projects.」
While the company worked to curb unprofitable projects, unprofitable projects emerged in the system development business, resulting in a loss and the recognition of a provision for loss on orders. - FY2018AdvancedAnnual report
「At the same time, we pursued orders with an emphasis on profitability and curbed unprofitable projects, thereby improving profitability.」
The company pursued orders with an emphasis on profitability and curbed unprofitable projects throughout the fiscal year, improving consolidated operating profit from ¥90 million to ¥409 million. - FY2018-Q3AdvancedAnnual report
「At the same time, we pursued orders with an emphasis on profitability and curbed unprofitable projects, thereby improving profitability.」
The company continued to curb unprofitable projects, and consolidated operating results improved from a loss of ¥337 million in the same period of the previous year to a profit of ¥78 million. - FY2018-Q2AdvancedAnnual report
「We improved profitability by curbing unprofitable projects through cross-organizational project management.」
The company implemented cross-organizational project management, narrowing the consolidated operating loss from ¥246 million in the same period of the previous year to ¥69 million. - FY2018-Q1RestatedAnnual report
「We worked to thoroughly monitor and manage projects across the organization in order to improve project quality and curb unprofitable projects」
The company is continuing to curb unprofitable projects through cross-organizational project monitoring and management. - FY2017RestatedAnnual report
「Strengthening and refining project management to eliminate unprofitable projects」
The company plans to prevent and eliminate unprofitable projects by strengthening company-wide, cross-organizational project management under the medium-term plan. - FY2017-Q3RestatedAnnual report
「At the same time, we are working to curb the emergence of unprofitable projects through rigorous project management」
The company is continuing efforts to curb the emergence of unprofitable projects through rigorous project management. - FY2017-Q2RestatedAnnual report
「As our biggest challenge, we have worked as a company-wide effort to curb unprofitable projects.」
Curbing unprofitable projects remains the company's biggest challenge. - FY2017-Q1First statedAnnual report
「We have achieved a reduction in unprofitable projects by thoroughly monitoring and managing projects across the organization.」
The company identifies project monitoring and management as a specific operating measure for improving profitability.