Risk of Unprofitable Construction Projects Arising from Estimates of Total Construction Costs
First written in FY2023. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 6 of 16 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Changes in contract amounts due to changes in construction work and fluctuations in raw-material prices affect revenue recognition. If additional costs arise, there is a risk that construction projects may become loss-making.」
工事内容・原材料価格の変動による追加原価と不採算工事のリスク、および毎月の進捗度・工事単位収支管理による対応を継続している。 - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
工事原価総額の見積りに伴う不採算工事リスクについて、新たな発生や重要な変更はないとしている。 - FY2024RestatedAnnual report
「工事内容の変更による契約金額の変更や原材料価格の変動等が収益認識に影響を与えるため、追加原価が発生した場合に不採算工事が発生するリスクがあります。そのため、毎月の会議体により工事進捗度管理、利益管理プロセスとして工事単位ごとの収支管理を行い、工事原価総額の見積りにおいても、最新の情報に基づいた見積りを行うよう運用しております。」
工事内容・原材料価格の変動による追加原価と不採算工事のリスク、および毎月の進捗度・工事単位収支管理による対応を継続している。 - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
工事原価総額の見積りに伴う不採算工事リスクについて、新たな発生や重要な変更はないとしている。 - FY2023First statedAnnual report
「Changes in contract amounts due to changes in construction work and fluctuations in raw-material prices affect revenue recognition. If additional costs arise, there is a risk that construction projects may become loss-making.」
The company first separately identified the risk of loss-making construction projects arising from estimates of total construction costs and progress, including additional costs caused by contract changes or raw-material price fluctuations. Monthly meetings to manage progress and project-level profitability are described as mitigation measures.