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Ncd (4783) · InitiativeAdvancedLatest Earnings (2026-08-07): "Materialised"

Preventing and resolving unprofitable projects through project progress and quality management

First written in FY2016. 18 of 26 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-07.

26entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017 – FY2019AdvancedFY2020-Q3 – FY2021AdvancedFY2024-Q1 – FY20242016: 320162017: 420172018: 420182019: 320192020: 420202021: 220212022: 020222023: 320232024: 220242025: 020252026: 12026
Same theme, other companies
Strengthening project profitability management to eliminate unprofitable projectsA theme 23 companies write about · 0 as a headwind · 23 as a tailwind

Ncd moved to the "Worse" side of this theme in 2026.

The whole theme swung hardest in 2022: 1 of 8 companies on the "Worse" side.

0 other companies' latest entry also says "Materialised".

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 23 companies compared. The sentences above are computed from all 23.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-07MaterialisedEarnings

    「Although the effects of price negotiations with customers have emerged, operating income decreased substantially year on year due to the occurrence of several low-profitability projects and other factors.」

    The occurrence of several low-profitability projects in the Support & Services business was described in connection with the thread addressing the prevention and resolution of low-profitability projects.
  2. FY2024AdvancedAnnual report

    「Profit increased significantly year on year as various project management activities proceeded smoothly and profitability improved through the shift to the NCD service model, mainly in application maintenance operations. As a result, revenue was ¥7,540 million, up 12.8% year on year, and segment profit was ¥1,100 million, up 48.7%.」

    In addition to smooth project management, improved profitability from the shift to the NCD service model contributed to full-year results, and segment profit in the system development business increased 48.7% year on year.
  3. FY2024-Q3AdvancedAnnual report

    「Profit increased significantly year on year as various project management activities proceeded smoothly and profitability improved through the shift to the NCD service model, mainly in application maintenance operations. As a result, revenue was ¥7,540 million, up 12.8% year on year, and segment profit was ¥1,100 million, up 48.7%.」

    Smooth project management, together with improved profitability from the shift to the NCD service model, resulted in a 48.7% year-on-year increase in segment profit in the system development business.
  4. FY2024-Q2AdvancedAnnual report

    「Profit increased significantly year on year as various project management activities proceeded smoothly and enabled the company to expand profit.」

    Various project management activities functioned smoothly, and segment profit in the system development business increased 42.7% year on year.
  5. FY2024-Q1AdvancedAnnual report

    「Profit increased year on year as business remained steady, with no major unprofitable projects arising. As a result, revenue was ¥2,354 million, up 6.2% year on year, and segment profit was ¥304 million, up 13.7%.」

    In the system development business, no major unprofitable projects arose, and segment profit increased 13.7% year on year.
  6. FY2023RestatedAnnual report

    「In addition to strengthening project management by each business division, the group holds an order review committee for projects above a certain value, comprising the company's full-time directors. The committee reviews projects before proposals are made to customers and follows up on their status after orders are received, thereby establishing an appropriate project-ordering process and monitoring framework.」

    Measures to prevent unprofitable projects through project management, the order review committee, pre-proposal reviews and post-order follow-up remain in place.
  7. FY2021AdvancedAnnual report

    「Profit increased significantly year on year as thorough profitability management became firmly established. As a result, revenue was ¥5,072 million, up 11.0% year on year, and operating profit was ¥481 million, up 115.0%.」

    The benefits of thorough profitability management spread throughout the support and services business, resulting in a 115.0% year-on-year increase in operating profit.
  8. FY2021-Q3AdvancedAnnual report

    「Profit increased significantly year on year as thorough progress and profitability management became firmly established. As a result, revenue was ¥3,644 million, up 7.5% year on year, and operating profit was ¥266 million, up 123.8%.」

    In the support and services business, thorough progress and profitability management became firmly established, resulting in revenue growth of 7.5% and operating profit growth of 123.8%.
  9. FY2021-Q2AdvancedAnnual report

    「Profit increased significantly year on year as thorough progress and profitability management proved effective. As a result, revenue was ¥2,379 million, up 9.2% year on year, and operating profit was ¥165 million, up 188.6%.」

    In the support and services business, thorough progress and profitability management led to improved profit, with operating profit up 188.6% year on year.
  10. FY2021-Q1AdvancedAnnual report

    「Profit increased significantly year on year as the profit margins of projects that had been low-margin in the previous year improved, while strengthened project progress management and profitability management for other projects contributed to higher profit margins.」

    In addition to improved profit margins on low-margin projects, strengthened project progress management and profitability management contributed to higher profit margins. Operating profit in the support and services business increased 97.7% year on year.
  11. FY2020AdvancedAnnual report

    「Profit also recovered to a certain extent as the effects of investments in personnel and improvements to business processes emerged, resulting in higher profit year on year. As a result, revenue was ¥7,073 million, up 11.7% year on year, and operating profit was ¥799 million, up 10.0%.」

    In the system development business, the impact of low-margin projects was reduced to a certain extent through investments in personnel and improvements to business processes, and operating profit increased 10.0% year on year.
  12. FY2020-Q3MitigatedAnnual report

    「Profit, meanwhile, declined year on year, although the low-margin projects that arose in the IT-related business recovered.」

    The filing states that the low-margin projects that weighed on profit in the second quarter recovered, reducing their impact. Operating profit, however, declined 35.5% year on year.
  13. FY2020-Q2The impact of low-margin projects became apparentAnnual report

    「Profit, meanwhile, declined year on year due to the impact of low-margin projects and other factors in the IT-related business.」

    The company had previously attributed improved profitability to quality and progress management, but this filing states that low-margin projects in the IT-related business weighed on profit. Operating profit declined 41.3% year on year.
  14. FY2019AdvancedAnnual report

    「Consistent and thorough project quality and progress management reduced the number of unprofitable projects and significantly improved profitability. The operating profit margin rose 1.9 percentage points to 11.5% of revenue.」

    Continued quality and progress management reduced unprofitable projects, resulting in an improvement in the operating profit margin to 11.5%.
  15. FY2019-Q3AdvancedAnnual report

    「Steady progress in winning projects resulted in higher revenue than in the same period of the previous year. In addition, the establishment of routine project progress management activities and strengthened profitability management contributed to an improvement in the profit margin, resulting in higher profit year on year. As a result, revenue was ¥4,537 million, up 10.3% year on year, and operating profit was ¥532 million, up 52.0%.」

    The establishment of project progress management activities and strengthened profitability management contributed to an improvement in the profit margin, with revenue from the system development business up 10.3% year on year and operating profit up 52.0%.
  16. FY2019-Q2AdvancedAnnual report

    「Project acquisition progressed smoothly, resulting in higher revenue than in the same period of the previous year. In addition, the establishment of consistent project progress management and stronger profitability management contributed to higher profit margins, resulting in higher profit than in the same period of the previous year. As a result, revenue was ¥3,011 million, up 13.4% year on year, and operating profit was ¥383 million, up 66.3%.」

    The establishment of project progress management activities and stronger profitability management contributed to higher profit margins, resulting in a 66.3% year-on-year increase in operating profit in the System Development Business.
  17. FY2019-Q1AdvancedAnnual report

    「Project acquisition progressed smoothly, resulting in higher revenue than in the same period of the previous year. In addition, the establishment of consistent project progress management and stronger quality control activities contributed to higher profit margins, resulting in a substantial increase in profit. As a result, revenue was ¥1,422 million, up 7.5% year on year, and operating profit was ¥177 million, up 58.2%.」

    In the System Development Business, stronger project progress management and quality control activities became established and contributed to higher profit margins. Revenue increased 7.5% year on year, while operating profit increased 58.2%.
  18. FY2018AdvancedAnnual report

    「Strengthening the sales organization led to steady project acquisition, while consistent project progress management and quality control activities substantially improved project profitability, resulting in higher revenue and profit. As a result, revenue was ¥5,738 million, up 1.2% from the previous fiscal year, and operating profit was ¥549 million, up 41.2%.」

    In addition to strengthening the sales organization, progress and quality management activities substantially improved project profitability, resulting in a 41.2% year-on-year increase in operating profit.
  19. FY2018-Q3AdvancedAnnual report

    「Revenue declined slightly year on year, but consistent project progress management and stronger quality control activities proved effective and contributed to higher profit margins, resulting in a substantial increase in profit. As a result, revenue was ¥4,113 million, down 0.9% year on year, and operating profit was ¥350 million, up 34.6%.」

    Stronger project progress management and quality control activities contributed to higher profit margins, resulting in a 34.6% year-on-year increase in operating profit despite lower revenue.
  20. FY2018-Q2AdvancedAnnual report

    「The System Development Business recorded a slight decline in revenue year on year, but consistent project progress management and stronger quality control activities proved effective and contributed to higher profit margins, resulting in a substantial increase in profit. As a result, revenue was ¥2,655 million, down 3.3% year on year, and operating profit was ¥230 million, up 31.7%.」

    Stronger project progress management and quality control activities contributed to higher profit margins, resulting in a 31.7% year-on-year increase in operating profit despite lower revenue.
  21. FY2018-Q1AdvancedAnnual report

    「In addition, consistent project progress management and stronger quality control activities proved effective and contributed to higher profit margins, resulting in a substantial increase in profit. As a result, revenue was ¥1,323 million, up 0.2% year on year, and operating profit was ¥112 million, up 67.0%.」

    Stronger project progress management and quality control activities contributed to higher profit margins, resulting in a 67.0% year-on-year increase in operating profit.
  22. FY2017RaisedAnnual report

    「The Company will further strengthen project progress management and quality control measures and seek to transform the business into one with higher profitability.」

    In addition to explaining that the existing measures had gained traction, the Company presented a policy of strengthening them further and shifting to a more profitable business.
  23. FY2017-Q3RestatedAnnual report

    「The effects of strengthening the sales organization emerged and project acquisition progressed smoothly. In addition, project progress management and quality control measures gained traction, facilitating the resolution of unprofitable projects and resulting in higher revenue and profit.」

    The previous explanation that stronger project progress and quality management measures had gained traction and that the resolution of unprofitable projects was progressing was reiterated.
  24. FY2017-Q2AdvancedAnnual report

    「The effects of strengthening the sales organization emerged and project acquisition progressed smoothly. In addition, project progress management and quality control measures gained traction, facilitating the resolution of unprofitable projects and resulting in higher revenue and profit.」

    The stronger project progress and quality management measures were said to have gained traction, with the resolution of unprofitable projects continuing.
  25. FY2017-Q1RestatedAnnual report

    「The effects of strengthening the sales organization emerged and project acquisition progressed smoothly. In addition, stronger project progress management and quality control measures proved effective, facilitating the resolution of unprofitable projects and resulting in higher revenue and profit.」

    Stronger project progress and quality management and the resolution of unprofitable projects continue to be cited as factors behind higher revenue and profit.
  26. FY2016First statedAnnual report

    「In addition, stronger project-progress management and quality-control measures proved effective, leading to progress in resolving unprofitable projects and a significant increase in profit.」

    The Company reports that stronger progress and quality management helped resolve unprofitable projects.
Moved together

"Higher sales and a return to profitability in consolidated net income in the first quarter" moved the same way as this thread, in the same document, in 14 of its 26 moves.

1413121097★123456
  1. ★This thread
  2. 1Higher sales and a return to profitability in consolidated net income in the first quarter14×
  3. 2Expanding the Support Business by Securing Technical Personnel and Implementing Job Rotation13×
  4. 3Strengthening orders through sales capacity and IT-environment initiatives12×
  5. 4Differentiation of the bicycle parking system built around three products10×
  6. 5Three-Year Medium-Term Management Plan "Vision2020"9×
  7. 6Improving profitability of on-site operations by a specialist subsidiary focused on bicycle parking-related services7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ncd's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Earnings of 2026-08-07: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Preventing and resolving unprofitable projects through project progress and quality management | NCD Co.,Ltd. (4783) | Komori