Thorough project profitability management and cost reduction

「収益面では、採算性を重視した選別受注の継続と施工効率の改善により売上総利益率の向上が見られた。」

「In addition to higher completed construction revenue, improved profitability on individual projects resulting from more efficient project execution also contributed to increases in gross profit on completed construction and operating profit.」

「In addition to higher completed construction revenue, improved profitability on individual projects resulting from more efficient project execution also contributed to increases in gross profit on completed construction and operating profit.」

「As a result of efforts to improve profitability on individual projects by reducing direct construction costs and expenses and improving operating efficiency, profit increased. Operating profit was ¥10,982 million, up 5.7% year on year.」

「While subcontract processing costs remained high due to labor shortages, we worked to secure profitability on individual projects and improve profitability by reducing direct construction costs and expenses and improving operating efficiency. Operating profit was ¥10,386 million, up 3.4% year on year.」

「In response to higher material, labor and subcontract processing costs, we worked to improve profitability on individual projects by reducing direct construction costs and expenses. We were able to secure profitability on individual projects, and earnings remained strong.」

「Although subcontract processing costs rose amid labor shortages, we reduced other direct construction costs and expenses, securing profitability on individual projects and maintaining strong earnings.」

「Although subcontract processing costs rose amid labor shortages, we worked to secure earnings through lower direct construction costs and expense reductions.」

「The group expects scheduled repair projects to remain solid in the fiscal year ending March 2020 and will give top priority to securing orders for plant reinforcement projects, modification and renovation projects, and new plant construction projects for the production of high-function products, while working to maintain profitability through reductions in direct construction costs and expenses.」

「In response to higher material prices, labor costs and subcontract processing costs, we worked to secure earnings through lower direct construction costs and ongoing expense reductions.」

「The group expects scheduled repair projects in the fiscal year ending March 2019 to increase from the previous fiscal year and anticipates continued demand for plant reinforcement projects, modification and renovation projects to address aging and ensure stable operations, and new plant construction projects for the production of high-function products. Accordingly, it will give top priority to securing orders for these projects and work to maintain profitability by reducing the cost of direct construction expenses and continuously cutting overhead in response to rising material prices, labor costs and subcontract processing costs.」

「We worked to secure earnings through continued cost reductions, including stronger profitability management, improved work efficiency and lower indirect costs. However, revenue and profit declined from the same period of the previous year.」

「We worked to secure earnings through continued cost reductions, including stronger profitability management, improved work efficiency and lower indirect costs.」

「From an earnings perspective, although the construction industry faces a challenging environment due to labor shortages and higher labor rates, we will work to ensure earnings through rigorous profitability management and cost reductions.」

「From an earnings perspective, amid labor shortages caused by the busy and concentrated schedule of planned maintenance shutdowns and upward pressure on labor rates, the Group as a whole will continue working to reduce direct and indirect costs through rigorous profitability management,」

「From an earnings perspective, amid labor shortages and upward pressure on labor rates, the Group as a whole continued working to reduce direct and indirect costs through rigorous profitability management. As a result, in addition to higher net sales from completed construction due to a greater-than-expected increase in planned maintenance shutdowns, construction profitability improved as operating rates rose with higher completed-construction sales and profitability management was strengthened, resulting in higher profit.」

「From an earnings perspective, we operated in an environment of labor shortages caused by the concentration of planned maintenance shutdowns and upward pressure on labor rates. Nevertheless, we continued working to reduce direct and indirect costs through improved operating efficiency resulting from the increased overall volume of construction work, including work in progress, and through rigorous profitability management.」

「Although the operating environment remains challenging, we will work to ensure earnings through rigorous profitability management and cost reductions.」

「We formed an internal joint venture linking our business locations and domestic project department to ensure rigorous profitability management. We secured earnings through thorough cost reductions, including lower direct costs such as material, labor and subcontract processing costs, as well as lower indirect costs through reductions in overhead and general and administrative expenses.」