Profitability-Focused Order Intake
First written in FY2016. 8 of 37 entries say "Worsened", first in FY2021-Q2. Latest entry: 2026-08-12.
TAKADAKIKO(Steel Construction) moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- 2026-08-12WorsenedEarnings
「In terms of earnings, while construction revenue declined, manufacturing costs rose and selling, general and administrative expenses also increased substantially, resulting in the inability to secure operating income.」
In addition to higher manufacturing costs, an increase in selling, general and administrative expenses was reported, resulting in an operating loss of ¥419 million. Profitability has continued to deteriorate under the order acceptance policy that prioritizes profitability. - FY2026WorsenedAnnual report
「In addition to the decline in order volume since the fiscal year before last, delays in the fabrication schedules of projects on hand and cancellations of contracted projects at customers' request caused operating rates to fall below expectations, and the resulting higher fixed-cost burden weighed on earnings.」
The bridge business posted a segment loss of ¥451.146 million, while the Company as a whole recorded an operating loss of ¥440.953 million. The steel structures business remained profitable, but overall profitability deteriorated significantly. - 2026-05-15WorsenedEarnings
「In terms of earnings, the decline in order volumes since the fiscal year before last prevented us from securing sufficient work volume, resulting in difficult financial results.」
Insufficient work volume due to declining order volumes materialized as a company-wide loss. - FY2026-H1WorsenedAnnual report
「In terms of earnings, in addition to the decline in order volume since the fiscal year before last, delays in the fabrication schedules of projects on hand and cancellations of contracted projects at customers' request caused operating rates to fall below expectations, and the resulting higher fixed-cost burden weighed on earnings.」
Lower order volume, delays in fabricating projects on hand and cancellations of contracted projects caused operating rates to fall below expectations, and both the bridge and steel structures businesses recorded segment losses. - FY2025Bridge business profitability deteriorates, steel structures turns profitableAnnual report
「In terms of earnings, increases in contract amounts secured through design changes in the bridge business and profitability improvements from the review of the production structure in the steel structures business had only a limited impact. Meanwhile, the impact of lower plant operating rates caused by continued weakness in bridge-business orders since the previous fiscal year and soaring costs was significant, and performance for the fiscal year was substantially below the same period of the previous year because profitability in the bridge business deteriorated.」
While segment profit in the bridge business declined 92.5% year on year to ¥118,779 thousand, the steel structures business turned from a segment loss to segment profit of ¥116,550 thousand following a review of its production structure. A profitability gap remains between the businesses, but the steel structures business made progress toward profitability. - FY2025-H1Steel structures profitability improves, but overall earnings declineAnnual report
「In terms of earnings, profitability improved in the steel structures business following a review of its production structure, but the impact was limited. Results were significantly below the same period of the previous year because of lower plant operating rates resulting from weak orders in the bridge business in the previous fiscal year and the current interim accounting period, higher costs exceeding expectations, and the impact of new orders with poor profitability.」
Although profitability improved in the steel structures business following a review of its production structure, lower plant operating rates caused by weak bridge-business orders, higher-than-expected costs and new orders with poor profitability weighed on overall performance. - FY2024Bridge business profitability improves, steel structures losses widenAnnual report
「In the bridge business, projects on hand progressed smoothly, and increases in contract amounts resulting from design changes were secured for projects completed at the fiscal year-end. As a result, completed construction revenue increased to ¥15,619,450 thousand, up 17.3% year on year, and segment profit was ¥1,578,388 thousand, up 183.7%, significantly exceeding the previous fiscal year.」
Segment profit in the bridge business improved significantly, partly because contract amounts increased as a result of design changes. Meanwhile, the steel structures business posted a segment loss of ¥229,921 thousand, with the loss widening from ¥181,456 thousand in the previous fiscal year. - FY2024-Q3Bridge business profitability improves, steel structures loss widensAnnual report
「In terms of earnings, although profitability improvement did not progress in the steel structures business, the bridge business remained firm. As a result, gross profit on completed construction improved significantly year on year, and operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. ① Bridge business Revenue in the bridge business for the cumulative third quarter amounted to ¥11,369,064 thousand, up 20.4% year on year, and segment profit was ¥1,132,219 thousand, up 210.5%. ② Steel structures business Revenue in the steel structures business for the cumulative third quarter amounted to ¥3,036,297 thousand, up 54.7% year on year, and segment loss was ¥284,467 thousand, compared with a segment loss of ¥103,498 thousand in the same period of the previous year.」
While segment profit in the bridge business improved 210.5% year on year, the steel structures business's segment loss widened from ¥103,498 thousand to ¥284,467 thousand despite higher revenue. - FY2024-Q2Bridge business profitability improves, steel structures loss widensAnnual report
「In terms of earnings, although completed construction revenue in the bridge business was sluggish because the schedules of several projects were extended, gross profit on completed construction improved significantly year on year as the number of projects with improved profitability increased through effective use of owned equipment. This absorbed increases in personnel expenses and selling, general and administrative expenses resulting from higher prices, and operating profit, ordinary profit and net profit for the quarter all exceeded the earnings forecast.」
In the bridge business, the number of projects with improved profitability increased through effective use of owned equipment, and segment profit was ¥1,018,614 thousand, up 276.9% year on year. Meanwhile, the steel structures business posted a segment loss of ¥238,975 thousand, widening from the ¥106,515 thousand loss in the same period of the previous year. - FY2024-Q1Bridge business turns profitable, steel structures loss widensAnnual report
「In terms of earnings, despite increases in selling, general and administrative expenses accompanying higher various expenses and the impact of higher costs in the steel structures business, the bridge business's projects on hand progressed smoothly. As a result, performance improved significantly year on year and the company achieved a favorable result.」
The bridge business turned from a segment loss of ¥162,247 thousand to segment profit of ¥427,563 thousand, while the steel structures business's segment loss widened from ¥53,562 thousand to ¥76,340 thousand because of higher costs and other factors. - FY2023Large unprofitable bridge project, steel structures loss narrowsAnnual report
「The profitability of projects accepted to maintain plant operating rates at the fiscal year-end deteriorated beyond expectations. Consequently, completed construction revenue increased to ¥13,310,169 thousand, up 9.4% year on year, but segment profit was ¥556,294 thousand, down 45.4%, significantly below the previous fiscal year.」
Even under a policy of prioritizing profitability, the profitability of projects accepted to maintain operating rates at the fiscal year-end deteriorated beyond expectations in the bridge business. Meanwhile, the steel structures business's segment loss narrowed from ¥254,559 thousand to ¥181,456 thousand. - FY2023-Q3Bridge business profit declines, steel structures loss narrowsAnnual report
「In terms of earnings, improvement in the steel structures business's profitability was insufficient to offset the bridge business's sluggish profit growth caused by costs preceding revenue. Although operating profit was secured, net profit for the quarter was nearly half the level of the same period of the previous year. Segment profit in the bridge business for the cumulative third quarter was ¥364,663 thousand, down 43.8% year on year, while the steel structures business posted a segment loss of ¥103,498 thousand, compared with a segment loss of ¥206,191 thousand in the same period of the previous year.」
While profit in the bridge business declined 43.8% year on year because costs preceded revenue, the steel structures business's loss narrowed from ¥206,191 thousand to ¥103,498 thousand. However, the steel structures business remained loss-making. - FY2023-Q2Bridge business profitability improves, steel structures remain loss-makingAnnual report
「In terms of earnings, projects on hand progressed smoothly amid rigorous cost control, and the bridge business's gross profit margin improved compared with the cumulative first quarter. As a result, the company emerged from a loss-making position and secured operating profit.」
Improvement in the bridge business's gross profit margin returned company-wide operating profit to positive territory. Meanwhile, the steel structures business continued to post a segment loss of ¥106,515 thousand. - FY2023-Q1WorsenedAnnual report
「In terms of earnings, costs preceded revenue on several bridge projects, while increases in contract amounts resulting from design changes had not yet been determined, causing the bridge business's gross profit margin to decline and leaving the company unable to secure operating profit. The steel structures business gradually improved from its previous downturn, but more time appears necessary to secure sufficient profit.」
In the bridge business, the gross profit margin declined because costs preceded revenue and increases from design changes had not yet been determined. Although the steel structures business was still improving, it did not achieve sufficient profit, and both businesses recorded segment losses. - FY2022Steel structures loss narrows but remains in the redAnnual report
「In the steel structures business, completed construction revenue increased to ¥3,500,030 thousand, up 123.7% year on year, following improvement in orders received in the previous fiscal year. However, it did not reach the level required to secure profit, and segment loss remained at ¥254,559 thousand, compared with a loss of ¥367,711 thousand in the previous fiscal year.」
Completed construction revenue in the steel structures business increased 123.7%, and segment loss narrowed from ¥367,711 thousand to ¥254,559 thousand, but the business remained loss-making. - FY2022-Q3Bridge business profitability improves, steel structures loss widensAnnual report
「① Bridge business Revenue in the bridge business for the cumulative third quarter amounted to ¥8,875,844 thousand, down 0.6% year on year, and segment profit was ¥649,209 thousand, up 58.7%. ② Steel structures business Revenue in the steel structures business for the cumulative third quarter amounted to ¥2,537,052 thousand, up 108.9% year on year, and segment loss was ¥206,191 thousand, compared with a segment loss of ¥167,676 thousand in the same period of the previous year.」
While segment profit in the bridge business increased 58.7% year on year, the steel structures business's segment loss widened from ¥167,676 thousand to ¥206,191 thousand despite higher revenue. - FY2022-Q2Bridge business improves, steel structures profitability deterioration continuesAnnual report
「In the cumulative second quarter, operating performance improved in the bridge business as increases in contract amounts resulting from design changes were secured upon completion of several projects. Revenue was ¥8,116,677 thousand, up 22.7% year on year; operating profit was ¥576,803 thousand, up 253.0%; ordinary profit was ¥706,656 thousand, up 213.3%; and net profit for the quarter was ¥612,795 thousand, up 164.0%.」
In the bridge business, segment profit improved to ¥691,537 thousand, up 153.3% year on year, as increases in contract amounts resulting from design changes contributed to performance. Meanwhile, the steel structures business posted a segment loss of ¥114,734 thousand, with no improvement from the loss in the same period of the previous year, resulting in divergent profitability trends by business. - FY2022-Q1AdvancedAnnual report
「In terms of earnings, increases in contract amounts resulting from design changes in the bridge business made a significant contribution to performance, and the steel structures business also began to show the results of its turnaround efforts. As a result, operating profit for the first quarter nearly reached the full-year operating profit forecast.」
In the bridge business, increases in contract amounts resulting from design changes contributed to performance, while the steel structures business also began to show the results of its turnaround efforts. Segment profit in the two businesses was ¥530,214 thousand and ¥267 thousand, respectively, with both businesses turning from losses in the same period of the previous year to profits. - FY2021WorsenedAnnual report
「In the steel structures business, weak orders caused by declining management resources continued for an extended period, and completed construction revenue for the fiscal year was limited to ¥1,564,464 thousand, down 30.2% year on year. In addition, because deterioration in the profitability of some projects was identified at the end of the fiscal year and a provision for construction loss was recorded, segment loss deteriorated further to ¥367,711 thousand, compared with a segment loss of ¥166,607 thousand in the previous fiscal year.」
Revenue in the steel structures business declined 30.2%, and segment loss widened from ¥166,607 thousand to ¥367,711 thousand, partly because a provision for construction loss was recorded as the profitability of some projects deteriorated. - FY2021-Q3WorsenedAnnual report
「In the steel structures business, revenue for the cumulative third quarter amounted to ¥1,214,334 thousand, down 42.2% year on year, and segment loss was ¥167,676 thousand, compared with a segment loss of ¥26,964 thousand in the same period of the previous year.」
Revenue in the steel structures business declined 42.2% year on year, and segment loss widened from ¥26,964 thousand to ¥167,676 thousand. Although the policy of prioritizing profitability continued, profitability deteriorated during the quarter. - FY2021-Q2WorsenedAnnual report
「In terms of earnings, neither the bridge nor steel structures business had a sufficient order backlog at the end of the previous fiscal year. In the bridge business, progress on some projects also stalled because of the impact of construction related to other companies, leaving revenue below target. In the steel structures business, projects on hand were processed smoothly, but the insufficient overall volume of construction work could not be overcome, and profitability deteriorated because fixed costs increased. Overall, revenue declined approximately 25% year on year, while operating profit, ordinary profit and net profit for the quarter were halved, producing a difficult result.」
In the bridge business, revenue fell short of target because progress stalled. In the steel structures business, profitability deteriorated because of insufficient construction volume and higher fixed costs. Overall, revenue declined approximately 25% year on year and each profit measure was halved. - FY2021-Q1Profitability deteriorated in both businessesAnnual report
「In terms of earnings, the bridge business suffered lower revenue and deteriorating profitability because progress stalled on some projects and costs preceded revenue on large projects. The steel structures business also suffered lower revenue and deteriorating profitability because orders remained weak and the fixed-cost burden increased. As a result, both revenue and earnings deteriorated significantly year on year, producing a difficult outcome.」
In the bridge business, stalled progress and costs preceding revenue on large projects, and in the steel structures business, weak orders and a higher fixed-cost burden, resulted in deteriorating profitability in both businesses. - FY2020-Q3Bridge business improves, steel structures business deterioratesAnnual report
「Gross profit on completed construction improved as a result of cost reductions, but operating profit was slightly below the same period of the previous year because selling, general and administrative expenses increased. In the steel structures business, revenue for the cumulative third quarter amounted to ¥2,100,797 thousand, down 34.8% year on year, and segment loss was ¥26,964 thousand, compared with segment profit of ¥150,683 thousand in the same period of the previous year.」
Gross profit on completed construction improved through cost reductions, but operating profit fell below the same period of the previous year because selling, general and administrative expenses increased. While earnings improvement continued in the bridge business, the steel structures business turned from profit in the same period of the previous year to a ¥26,964 thousand loss. - FY2020-Q2Profitability improvement through cost reductions continuesAnnual report
「However, costs declined and profit margins improved, leading to improvements in each profit measure. As in the first quarter, the company reported lower revenue but higher earnings.」
Although revenue declined, overall earnings improved as a result of cost reductions and improved profit margins. Segment profit in the bridge business was ¥383,472 thousand, while the steel structures business posted a segment loss of ¥1,694 thousand, a reduction from the ¥44,450 thousand loss in the same period of the previous year. - FY2019AdvancedAnnual report
「In the steel structures business, revenue for the fiscal year amounted to ¥3,308,968 thousand, down 19.0% year on year, because the order backlog at the end of the previous fiscal year was small. However, segment profit improved from ¥6,008 thousand in the previous fiscal year to ¥78,989 thousand, up 1,214.7%, as unprofitable projects were eliminated and contract amounts increased through additional settlement adjustments for ancillary steel structures and other items.」
In the steel structures business, segment profit improved from ¥6,008 thousand to ¥78,989 thousand through the elimination of unprofitable projects and additional settlement adjustments. Meanwhile, the bridge business's profit margin was constrained by costs preceding revenue. - FY2019-Q3Bridge business margin constrained, steel structures profitability improvesAnnual report
「In the bridge business, projects on hand progressed smoothly in both fabrication and erection. However, for projects scheduled for completion at the fiscal year-end, costs preceded revenue while increases in contract amounts resulting from design changes had not yet been determined, slightly constraining the bridge business's profit margin. In the steel structures business, profit margins increased as a result of cost-reduction efforts and increases from design changes on completed projects, and profitability improved to a level at which segment profit could be secured.」
In the bridge business, profit margins were constrained because costs preceded revenue and increases from design changes had not yet been determined, while in the steel structures business profitability improved to a level at which segment profit could be secured through cost reductions and increases resulting from design changes. - FY2019-Q2Bridge business improvement and steel structures business deterioration continueAnnual report
「In the bridge business, profit margins improved as projects on hand progressed smoothly in both fabrication and erection, reducing costs, and contract amounts increased as a result of design changes. In the steel structures business, profitability deteriorated because profitable projects in the Kansai region decreased and costs increased owing to delays in the progress of projects in the Tokyo metropolitan area.」
Profit margin improvement continued in the bridge business because of cost reductions and increases resulting from design changes, while profitability deterioration continued in the steel structures business because of fewer profitable projects in the Kansai region, delays in the progress of projects in the Tokyo metropolitan area and higher costs. - FY2019-Q1Bridge business improves, steel structures business deterioratesAnnual report
「In terms of earnings, in the bridge business, the bridge plant maintained a high operating rate through the fabrication of projects carried over from the previous fiscal year, and site construction progressed smoothly, resulting in improved profit margins. In the steel structures business, profitability deteriorated because of fewer projects in the Kansai region and delays in the progress of projects in the Tokyo metropolitan area.」
Although the policy of prioritizing profitability continued, profit margins improved in the bridge business, while profitability deteriorated in the steel structures business because of fewer projects in the Kansai region and delays in the progress of projects in the Tokyo metropolitan area. - FY2018Both businesses profitable, profitability gap continuesAnnual report
「In terms of earnings, both the bridge and steel structures plants maintained high operating rates throughout the year, supported by the order backlog at the end of the previous fiscal year, and site construction progressed smoothly. As a result, profitability in the bridge business improved further from the previous fiscal year, and the steel structures business also secured segment profit.」
The policy of prioritizing profitability was maintained, and profitability in the bridge business improved further. The steel structures business also remained profitable, but segment profit was limited to ¥6,008 thousand, and the profitability gap between the businesses remained. - FY2018-Q3Divergence in profitability by business continuedAnnual report
「① Bridge business Revenue in the bridge business for the cumulative third quarter amounted to ¥9,502,177 thousand, up 2.3% year on year, and segment profit was ¥813,138 thousand, up 239.9%. Orders received during the cumulative third quarter amounted to ¥12,380,799 thousand, up 159.0%, and the order backlog at the end of the third quarter amounted to ¥19,883,106 thousand, up 62.5%. ② Steel structures business Revenue in the steel structures business for the cumulative third quarter amounted to ¥2,613,731 thousand, up 20.0% year on year, and segment loss was ¥695 thousand, compared with segment profit of ¥16,177 thousand in the same period of the previous year. Orders received during the cumulative third quarter amounted to ¥764,734 thousand, down 88.1%, and the order backlog at the end of the third quarter amounted to ¥4,280,851 thousand, down 37.1%.」
While segment profit in the bridge business increased 239.9% year on year, the steel structures business turned from profit in the same period of the previous year to a ¥695 thousand loss, and profitability trends continued to diverge by business. - FY2018-Q2Divergence in profitability by business continuedAnnual report
「In the bridge business, revenue for the cumulative second quarter amounted to ¥6,080,095 thousand, down 0.5% year on year, and segment profit was ¥258,986 thousand, up 21.5%. Orders received during the cumulative second quarter amounted to ¥9,951,875 thousand, up 113.9%, and the order backlog at the end of the second quarter amounted to ¥20,876,264 thousand, up 36.6%. In the steel structures business, revenue for the cumulative second quarter amounted to ¥1,580,025 thousand, up 0.3%, and segment profit was ¥4,603 thousand, down 57.7%.」
While segment profit in the bridge business increased 21.5% year on year, segment profit in the steel structures business decreased 57.7%, indicating continued divergence in profitability trends by business. - FY2018-Q1Diverging profitability by businessAnnual report
「In terms of earnings, in the bridge business, profit margins improved as projects carried over from the previous fiscal year progressed smoothly, in addition to increases in contract amounts resulting from design changes for projects completed during the quarter. In the steel structures business, profit margins declined because projects on hand in the Kansai region decreased and some projects were awaiting final settlement of their contract amounts.」
Under a policy of prioritizing profitability, profit margins improved in the bridge business, while they declined in the steel structures business because of the decrease in projects on hand in the Kansai region and projects awaiting final settlement, resulting in divergent profitability trends by business. - FY2017AdvancedAnnual report
「Unprofitable projects were also eliminated in the steel structures business, enabling the business to transition to a consistently profitable operation.」
For the steel structures business, it explicitly identifies the elimination of unprofitable projects and the transition to a consistently profitable operation as full-year achievements. - FY2017-Q3AdvancedAnnual report
「In terms of earnings, profitability in the bridge business remained solid as the bridge plant maintained a high operating rate throughout the year and on-site construction progressed smoothly. In the steel structure business as well, unprofitable projects were eliminated, achieving a shift to a sustainably profitable business.」
It states that, under a policy of prioritizing profitability, unprofitable projects were eliminated and the steel structures business was transformed into a consistently profitable operation. - FY2017-Q2AdvancedAnnual report
「In the steel structure business, while adhering to its basic policy of prioritizing profitability, the impact of projects whose orders were not confirmed until after the third quarter resulted in sluggish order intake.」
The basic policy of prioritizing profitability was maintained. Although order intake was sluggish, the company explains that unprofitable projects were eliminated and progress was made toward a sustainably profitable business. - FY2017-Q1AdvancedAnnual report
「In the steel structure business as well, unprofitable projects were nearly eliminated, and the number of projects expected to be profitable increased.」
In connection with the profitability-focused order-taking policy, the company reports specific progress: unprofitable projects were nearly eliminated and the number of projects expected to be profitable increased. - FY2016First statedAnnual report
「In the steel structure business as well, we maintained our basic policy of prioritizing profitability and thoroughly limited order-taking to projects expected to secure profits, mainly in the Kansai region.」
The company states a basic policy of prioritizing profit generation over order volume in the steel structure business.