Winning Small and Medium-Sized Renovation Projects with High Margins
First written in FY2017-Q1. 3 of 12 entries say "Restated". Latest entry: FY2021-Q1.
2 other companies' latest entry also says "Dropped".
- FY2021-Q1DroppedAnnual report
「The group has exited the renovation-related business.」
Because the group exited the renovation-related business, the theme of winning small and medium-sized renovation projects with high margins is no longer disclosed. - FY2020AdvancedAnnual report
「The recovery in the renovation market coincided with active front-loaded demand ahead of the consumption-tax increase, resulting in orders reaching capacity before there was sufficient time to select projects. As a result, sales were ¥755 million, up 4.3% year on year, and segment profit, or operating profit, was ¥27 million, up 65.1%.」
The recovery in the renovation market and front-loaded demand pushed orders to capacity, resulting in full-year sales of ¥755 million and segment profit of ¥27 million. - FY2020-Q3Lower Profit Despite Order Backlog PressureAnnual report
「The recovery in the renovation market coincided with active front-loaded demand ahead of the consumption-tax increase, resulting in orders reaching capacity before there was sufficient time to select projects. As a result, sales were ¥513 million, down 1.1% year on year, and segment profit, or operating profit, was ¥2 million, down 83.0%.」
Orders reached capacity, but sales declined 1.1% year on year and segment profit fell 83.0% to ¥2 million. - FY2020-Q2Sharp Increase in Orders from Front-Loaded DemandAnnual report
「The recovery in the renovation market coincided with active front-loaded demand ahead of the consumption-tax increase, resulting in orders reaching capacity before there was sufficient time to select projects. As a result, sales were ¥336 million, up 3.4% year on year, and segment profit, or operating profit, was ¥7 million, down 14.5%.」
The recovery in the renovation market and front-loaded demand before the consumption-tax increase pushed orders to capacity, but segment profit was ¥7 million, down 14.5%. - FY2019-Q3AdvancedAnnual report
「Performance began to recover as detailed sales activities based on customer needs and competitive conditions proved effective. As a result, sales were ¥518 million, up 26.1% year on year, and segment profit, or operating profit, was ¥12 million, up 146.1%.」
Sales activities tailored to customer needs and competitive conditions proved effective, and the renovation business continued to recover. Sales were ¥518 million and segment profit ¥12 million. - FY2019-Q2AdvancedAnnual report
「Although some large construction projects were completed late, efforts to secure orders for profitable small projects resulted in a recovery in performance. As a result, sales were ¥325 million, up 23.0% year on year, and segment profit, or operating profit, was ¥8 million, compared with segment loss, or operating loss, of ¥0 million in the previous year.」
Despite delays in completing some large projects, securing profitable small projects supported a recovery. Sales were ¥325 million and segment profit was ¥8 million. - FY2018RestatedAnnual report
「In the condominium sector, which was between demand cycles, we successively lost large construction projects because of intense competition. The smaller projects that were beginning to recover were not sufficient to offset the impact, resulting in a very difficult outcome.」
The company continues to report the loss of large condominium projects and the inability of smaller projects to offset the impact. - FY2018-Q3Loss of Large Projects and Insufficient Benefit from Smaller ProjectsAnnual report
「In the condominium sector, which was between demand cycles, we successively lost large construction projects because of intense competition. The smaller projects that were beginning to recover were not sufficient to offset the impact, resulting in a very difficult outcome.」
Although orders for small and medium-sized projects were recovering, successive losses of large condominium projects meant that they could not offset the overall impact. - FY2018-Q2Weak Orders Including Small and Medium-Sized ProjectsAnnual report
「In the business, orders for both large construction projects and small and medium-sized projects failed to grow, resulting in a very difficult outcome.」
Even the small and medium-sized projects that had previously been won with high margins failed to grow, together with large construction projects, during the quarter. - FY2017-Q3RestatedAnnual report
「We have also steadily won new small and medium-sized projects with high margins during the current fiscal year.」
The company continues to win small and medium-sized renovation projects with high margins. - FY2017-Q2RestatedAnnual report
「We have also steadily won new small and medium-sized projects with high margins during the current fiscal year.」
The company continues to win small and medium-sized renovation projects with high margins. - FY2017-Q1First statedAnnual report
「We have also steadily won new small and medium-sized projects with high margins during the current fiscal year.」
The renovation-related business reports winning small and medium-sized projects with high margins.