Deteriorating project profitability due to unforeseen events
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 5 of 16 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of deteriorating project profitability due to unforeseen events. - FY2024RestatedAnnual report
「For its projects, the company forecasts the appropriate number of labor hours required over the project period at the proposal stage, calculates an estimate commensurate with those forecast hours, and works to manage profitability. However, unforeseen events that arise after the proposal stage could deteriorate project profitability and relationships with customers, potentially affecting the company’s financial condition and operating results.」
While managing profitability through labor-hour forecasts and estimates, the company continues to describe the risk of deteriorating profitability due to unforeseen events. - FY2023First statedAnnual report
「However, unforeseen events that arise after the proposal stage could deteriorate project profitability and relationships with customers, potentially affecting the company’s financial condition and operating results.」
The company indicates that unforeseen events after the proposal stage and deteriorating customer relationships could reduce project profitability.