Reducing contract-for-work risk by switching to quasi-mandate arrangements
First written in FY2019-Q1. 2 of 3 entries say "Restated". Latest entry: FY2019-Q3.
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- FY2019-Q3RestatedAnnual report
「Efforts to shift toward contract structures centered on quasi-mandate agreements reduced the risks associated with undertaking projects and restrained the occurrence of unprofitable projects, contributing」
The company reconfirmed that shifting toward contract structures centered on quasi-mandate agreements was a means of limiting the risks associated with undertaking projects and the occurrence of unprofitable projects. - FY2019-Q2RestatedAnnual report
「By increasing the proportion of highly profitable projects undertaken as the prime contractor, profitability improved substantially. In addition, efforts to shift toward contract structures centered on quasi-mandate agreements reduced the risks associated with undertaking projects and restrained the occurrence of unprofitable projects, contributing to operating income of ¥313 million, up 203.5% year on year.」
The company reconfirmed that increasing the proportion of projects undertaken as the prime contractor and shifting toward contract structures centered on quasi-mandate agreements were means of improving profitability and reducing the risks associated with undertaking projects. - FY2019-Q1First statedAnnual report
「In addition, efforts to shift toward contract structures centered on quasi-mandate agreements reduced the risks associated with undertaking projects and restrained the occurrence of unprofitable projects, contributing to operating income of ¥102 million, up 370.2% year on year.」
The shift toward contract structures centered on quasi-mandate agreements was described concretely for the first time as a means of limiting the risks associated with undertaking projects and the occurrence of unprofitable projects.