Turning to a loss due to additional construction costs as more large-scale projects were completed
First written in FY2018-Q2. 14 of 34 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-11-09.
No other company in this theme has enough history to compare yet.
- FY2026Revenue growth from EPC expansion, but lower profit due to surging material pricesAnnual report
「Revenue increased as the EPC business expanded, but profitability declined due to surging material prices and other factors. As a result, segment revenue rose to ¥4,041 million, up ¥443 million (12.3%) from the previous consolidated fiscal year, while segment profit declined to ¥233 million, down ¥199 million (46.0%). EPC is a business that undertakes all 3 stages of engineering, procurement and construction on an integrated basis.」
Engineering revenue increased as the EPC business expanded, but profit declined due to surging material prices and other factors. - 2026-05-13WorsenedResults
「EPC事業（Engineering：設計 Procurement：調達Construction：建設の３工程を一貫して引き受ける事業）の拡大により売上が増加した一方で、資材価格高騰等により収益性が低下したことから、当セグメントの売上高は前期比443百万円（12.3％）増の4,041百万円、セグメント利益は前期比199百万円（46.0％）減の233百万円となりました。」
EPC事業の拡大により増収となった一方、資材価格高騰等によりエンジニアリング事業の収益性とセグメント利益は悪化した。 - FY2026-H1AdvancedAnnual report
「In addition to higher revenue from the completion of a large-scale project for the steelmaking sector, revenue increased as the EPC business expanded. Segment revenue rose to ¥1,911 million, up ¥488 million (34.3%) year on year, and segment profit rose to ¥190 million, up ¥99 million (109.7%). EPC is a business that undertakes all 3 stages of engineering, procurement and construction on an integrated basis.」
Engineering revenue increased 34.3% and profit increased 109.7% due to the completion of a large-scale project and expansion of the EPC business. - FY2025AdvancedAnnual report
「Revenue increased due to higher orders for carbon-neutral transition equipment for the steelmaking sector, while cost reductions, including more efficient procurement, positively affected earnings. As a result, segment revenue rose to ¥3,598 million, up ¥1,107 million (44.5%) from the previous consolidated fiscal year, and the segment posted profit of ¥433 million, compared with a segment loss of ¥136 million in the previous consolidated fiscal year.」
The engineering business shifted from a loss of ¥136 million in the previous year to profit of ¥433 million due to increased orders for carbon-neutral transition equipment and cost reductions. - FY2025-H1AdvancedAnnual report
「Sales increased as orders grew for carbon-neutral transition equipment for the steelmaking sector. In addition, cost reductions, including more efficient procurement, had a positive impact on earnings, resulting in segment revenue of ¥1,422 million, up ¥347 million, or 32.3%, year on year, and segment profit of ¥91 million, compared with a segment loss of ¥127 million in the same period of the previous year.」
The engineering business shifted from a loss of ¥127 million in the same period of the previous year to profit of ¥91 million due to increased orders for carbon-neutral transition equipment and cost reductions. - FY2024WorsenedAnnual report
「Revenue declined due to delays in completing projects for the steelmaking sector and fewer projects for group companies, bringing segment revenue to ¥2,491 million, down ¥2,593 million (51.0%) from the previous consolidated fiscal year. The segment posted a loss of ¥136 million, compared with segment profit of ¥52 million in the previous consolidated fiscal year.」
Engineering revenue declined 51.0% due to completion delays and fewer projects for group companies, shifting from profit in the previous year to a loss of ¥136 million. - FY2024-Q3Wider revenue decline, slight narrowing of lossAnnual report
「Revenue declined due to fewer construction projects for group companies. Although projects for the steelmaking sector increased, higher costs negatively affected earnings, bringing segment revenue to ¥1,764 million, down ¥1,265 million (41.8%) year on year, and the segment loss to ¥124 million, compared with a segment loss of ¥72 million in the same quarter of the previous year.」
Engineering's revenue decline widened from 34.7% for the cumulative second quarter to 41.8%. Meanwhile, the segment loss narrowed slightly year on year, from ¥127 million to ¥124 million. - FY2024-Q2WorsenedAnnual report
「Revenue declined due to fewer construction projects for group companies. Although projects for the steelmaking sector increased, higher costs negatively affected earnings, bringing segment revenue to ¥1,075 million, down ¥571 million (34.7%) year on year, and the segment loss to ¥127 million, compared with a segment loss of ¥104 million in the same quarter of the previous year.」
Engineering revenue declined 34.7%, and the segment loss widened from ¥104 million in the same period of the previous year to ¥127 million. - FY2024-Q1WorsenedAnnual report
「Due to lower revenue from construction projects for group companies, segment revenue declined to ¥480 million, down ¥261 million (35.3%) year on year, and the segment posted a loss of ¥51 million, the same as in the same quarter of the previous year.」
Engineering revenue declined 35.3%, and the segment posted a loss of ¥51 million, unchanged from the same quarter of the previous year. The business shifted from full-year revenue growth driven by the completion of a large-scale equipment construction project to a revenue decline caused by lower sales from projects for group companies. - FY2023Revenue growth, profit decline, but profitability maintainedAnnual report
「Revenue increased as a large-scale equipment construction project for a group company was completed, bringing segment revenue to ¥5,084 million, up ¥827 million (19.4%) from the previous consolidated fiscal year. Segment profit declined to ¥52 million, down ¥29 million (36.1%), due to changes in the order mix and other factors.」
Engineering reported higher revenue due to the completion of a large-scale equipment construction project, while profit declined due to changes in the order mix, although the business remained profitable. - FY2023-Q3Lower sales continued, while losses narrowedAnnual report
「Segment sales declined by ¥205 million, or 6.4%, year on year to ¥3,030 million, due to a decrease in projects for the domestic market and other factors. Despite efforts to reduce manufacturing costs, the segment recorded a loss of ¥72 million, compared with segment profit of ¥54 million in the same quarter of the previous year.」
Engineering revenue continued to decline, but the rate of decline narrowed from 20.9% in the previous quarter to 6.4%, while the segment result shifted year on year from profit of ¥54 million to a loss of ¥72 million. The report states that efforts were made to reduce manufacturing costs. - FY2023-Q2WorsenedAnnual report
「As fewer domestic projects were completed, segment revenue declined to ¥1,646 million, down ¥435 million (20.9%) year on year, and the segment posted a loss of ¥104 million, compared with segment profit of ¥25 million in the same quarter of the previous year.」
Engineering revenue declined 20.9% and shifted from profit of ¥25 million in the same period of the previous year to a loss of ¥104 million. The report states that fewer domestic project completions contributed to the decline. - FY2023-Q1WorsenedAnnual report
「(Engineering) Due in part to fewer completed domestic projects, segment revenue declined to ¥742 million, down ¥124 million (14.4%) year on year, and the segment posted a loss of ¥51 million, compared with a segment loss of ¥2 million in the same quarter of the previous year.」
Revenue declined 14.4% due to fewer completed domestic projects, and the segment loss widened from ¥2 million in the same quarter of the previous year to ¥51 million. - FY2022AdvancedAnnual report
「As more domestic projects were completed, segment revenue rose to ¥4,257 million, up ¥222 million (5.5%) from the previous consolidated fiscal year, and segment profit rose to ¥82 million, up ¥6 million (8.3%).」
Engineering reported full-year revenue growth of 5.5% and profit growth of 8.3% due to more completed domestic projects. - FY2022-Q3AdvancedAnnual report
「As more domestic projects were completed, segment revenue rose to ¥3,235 million, up ¥592 million (22.4%) year on year, and the segment posted profit of ¥54 million, compared with a segment loss of ¥90 million in the same quarter of the previous year.」
Engineering revenue increased 22.4% as more domestic projects were completed, and the business shifted from a loss of ¥90 million in the same period of the previous year to profit of ¥54 million. - FY2022-Q2AdvancedAnnual report
「As more domestic projects were completed, segment revenue rose to ¥2,082 million, up ¥658 million (46.3%) year on year, and the segment posted profit of ¥25 million, compared with a segment loss of ¥157 million in the same quarter of the previous year.」
Revenue increased as more domestic projects were completed, and engineering shifted from a loss of ¥157 million in the same period of the previous year to profit of ¥25 million. - FY2022-Q1AdvancedAnnual report
「As a result, segment revenue rose to ¥867 million, up ¥17 million (2.0%) year on year, and the segment posted a loss of ¥2 million, compared with a segment loss of ¥30 million in the same quarter of the previous year.」
Engineering reported higher revenue, while the segment loss narrowed from ¥30 million in the same quarter of the previous year to ¥2 million. - FY2021WorsenedAnnual report
「The main activities of this business are the design and construction of industrial plants in the steel, chemicals and environmental fields. However, overall performance was weak due to delays in completing domestic projects caused by the spread of COVID-19, as well as project cancellations, resulting in year-on-year declines in revenue and profit.」
Revenue declined 17.6% and profit declined 40.6% for the full year due to delays in completing and cancellations of domestic projects caused by the spread of COVID-19. - FY2021-Q3WorsenedAnnual report
「The main activities of this business are the design and construction of industrial plants in the steel, chemicals and environmental fields. However, overall performance was weak due to delays in completing domestic projects caused by the spread of COVID-19, as well as project cancellations, resulting in year-on-year declines in revenue and profit. As a result, segment revenue declined to ¥2,643 million, down ¥598 million (18.5%) year on year, and the segment posted a loss of ¥90 million, compared with segment profit of ¥144 million in the same quarter of the previous year.」
Revenue declined 18.5% due to delays in completing overseas projects and project postponements and cancellations, resulting in a shift from profit of ¥144 million in the same period of the previous year to a loss of ¥90 million. - FY2021-Q2WorsenedAnnual report
「The main activities of this business are the design and construction of industrial plants in the steel, chemicals and environmental fields. However, overall performance was weak due to delays in completing overseas projects caused by the spread of COVID-19, as well as project postponements and cancellations, resulting in year-on-year declines in revenue and profit. As a result, segment revenue declined to ¥1,424 million, down ¥517 million (26.6%) year on year, and the segment posted a loss of ¥157 million, compared with a segment loss of ¥21 million in the same quarter of the previous year.」
Engineering revenue declined 26.6% due to delays in completing overseas projects and project postponements and cancellations, while the segment loss widened from ¥21 million to ¥157 million. - FY2021-Q1WorsenedAnnual report
「The main activities of this business are the design and construction of industrial plants in the steel, chemicals and environmental fields. However, revenue declined year on year due in part to fewer completed domestic projects. As a result, segment revenue declined to ¥850 million, down ¥58 million (6.4%) year on year, and the segment posted a loss of ¥30 million, compared with a segment loss of ¥21 million in the same quarter of the previous year.」
Engineering revenue declined 6.4% due to fewer completed domestic projects, and the segment loss widened from ¥21 million in the same period of the previous year to ¥30 million. - FY2020AdvancedAnnual report
「The main activities of this business are the design and construction of industrial plants in the steel, chemicals and environmental fields. However, revenue and profit increased year on year due in part to more completed domestic projects. As a result, segment revenue rose to ¥4,894 million, up ¥86 million (1.8%) from the previous consolidated fiscal year, and segment profit rose to ¥128 million, up ¥55 million (75.3%).」
Engineering reported full-year revenue and profit growth due to more completed domestic projects, with segment profit increasing 75.3%. - FY2020-Q3AdvancedAnnual report
「The main activities of this business are the design and construction of industrial plants in the steel, chemicals and environmental fields. However, revenue declined year on year due in part to fewer completed domestic projects. As a result, segment revenue declined to ¥3,241 million, down ¥134 million (4.0%) year on year, but lower costs for additional construction and other factors resulted in segment profit of ¥144 million, up ¥116 million (414.3%) year on year.」
Engineering revenue declined due to fewer completed projects, but lower costs for additional construction and other factors resulted in a 414.3% year-on-year increase in profit. - FY2020-Q2WorsenedAnnual report
「The main activities of this business are the design and construction of industrial plants in the steel, chemicals and environmental fields. However, revenue declined year on year due in part to fewer completed domestic projects. As a result, segment revenue declined to ¥1,941 million, down ¥257 million (11.7%) year on year, and the segment posted a loss of ¥21 million, compared with a segment loss of ¥13 million in the same quarter of the previous year.」
Revenue declined 11.7% due to fewer completed domestic projects, and the segment loss widened from ¥13 million in the same period of the previous year to ¥21 million. - FY2020-Q1Declining revenue continues; losses narrowingAnnual report
「The main activities of this business are the design and construction of industrial plants in the steel, chemicals and environmental fields. However, revenue declined year on year due in part to fewer completed domestic projects. As a result, segment revenue declined to ¥908 million, down ¥44 million (4.6%) year on year, and the segment posted a loss of ¥21 million, compared with a segment loss of ¥37 million in the same quarter of the previous year.」
Revenue declined and the business remained loss-making due to fewer completed domestic projects, but the segment loss narrowed from ¥37 million in the same period of the previous year to ¥21 million. - FY2019AdvancedAnnual report
「As a result, segment sales declined by ¥817 million, or 14.5%, year on year to ¥4,808 million, but lower costs for additional construction and other factors resulted in segment profit of ¥93 million, compared with a segment loss of ¥259 million in the previous fiscal year.」
The engineering business continued to report lower revenue, but lower costs for additional construction and other factors resulted in a shift from a loss of ¥259 million in the previous year to profit of ¥93 million. - FY2019-Q3AdvancedAnnual report
「In the industrial plant design and construction business, fewer domestic projects were completed. As a result, segment revenue declined to ¥3,375 million, down ¥135 million (3.8%) year on year, but lower costs for additional construction and other factors resulted in segment profit of ¥46 million, compared with a segment loss of ¥383 million in the same quarter of the previous year.」
Engineering revenue continued to decline due to fewer completed projects, but lower costs for additional construction and other factors resulted in a shift from a loss of ¥383 million in the same period of the previous year to profit of ¥46 million. - FY2019-Q2AdvancedAnnual report
「In the design and construction of industrial plants, the number of completed projects for the domestic market decreased. As a result, segment sales declined by ¥563 million, or 20.4%, year on year to ¥2,198 million, but lower costs for additional construction and other factors resulted in segment profit of ¥7 million, compared with a segment loss of ¥296 million in the same quarter of the previous year.」
Revenue continued to decline due to fewer completed domestic projects, but lower costs for additional construction and other factors improved results from a loss of ¥296 million in the same period of the previous year to profit of ¥7 million. - FY2019-Q1WorsenedAnnual report
「In the industrial plant design and construction business, fewer domestic projects were completed. As a result, segment revenue declined to ¥952 million, down ¥789 million (45.3%) year on year, and the segment posted a loss of ¥33 million, compared with segment profit of ¥96 million in the same quarter of the previous year.」
The engineering business reported a 45.3% year-on-year decline in revenue due to fewer domestic project completions and shifted from profit in the same period of the previous year to a loss of ¥33 million. - FY2018Full-year revenue decline and loss confirmedAnnual report
「In the industrial plant design and construction business, fewer large-scale domestic projects were completed. As a result, segment revenue declined to ¥5,625 million, down ¥1,798 million (24.2%) from the previous consolidated fiscal year, and the segment posted a loss of ¥259 million, compared with segment profit of ¥268 million in the previous consolidated fiscal year.」
The engineering business reported a 24.2% full-year decline in revenue due to fewer large-scale project completions and shifted from profit in the previous year to a loss of ¥259 million. - FY2018-Q3Turning to a loss as fewer projects were completedAnnual report
「In the industrial plant design and construction business, fewer domestic projects and other projects were completed, resulting in lower sales. As a result, segment revenue declined to ¥3,510 million, down ¥1,530 million (30.4%) year on year, and the segment posted a loss of ¥383 million, compared with profit of ¥91 million in the same quarter of the previous year.」
The engineering business shifted from the previous explanation of more large-scale project completions and additional construction costs to a 30.4% decline in revenue and a shift from profit of ¥91 million in the same period of the previous year to a loss of ¥383 million, against a backdrop of fewer domestic project completions and other factors. - FY2018-Q2First statedAnnual report
「In the industrial plant design and construction business, the number of completed large-scale domestic projects increased. As a result, segment revenue rose to ¥2,761 million, an increase of ¥434 million (18.7%) year on year, but higher costs for additional construction and other factors resulted in a segment loss of ¥296 million, compared with segment profit of ¥2 million in the same quarter of the previous year.」
Revenue increased as more large-scale domestic projects were completed, but higher costs for additional construction and other factors resulted in a shift from segment profit of ¥2 million in the same quarter of the previous year to a segment loss of ¥296 million.