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Galilei Holdings (6420) · RiskProvision for losses on construction contracts decreased

Losses on construction contracts due to additional work and other factors in joint venture projects

First written in FY2018. 1 of 16 entries say "Materialised", first in FY2018. Latest entry: FY2025.

16entries
8years
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ProgressHeldSoftenedWorseOtherFY2019-Q1 – FY20252018: 320182019: 320192020: 320202021: 120212022: 420222023: 120232024: 020242025: 12025
Same theme, other companies
Release of the Provision for Losses on Contracts Expected to Incur LossesA theme 181 companies write about · 180 as a headwind · 1 as a tailwind

51 other companies' latest entry also says "Other".

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Showing 14 of the 181 companies compared. The sentences above are computed from all 181.
Full recordFilings, disclosures and news, newest first
  1. FY2025Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts ¥49 million ¥35 million」

    The provision for loss on construction contracts decreased from ¥49 million at the end of the previous consolidated fiscal year to ¥35 million at the end of the fiscal year.
  2. FY2023-Q3Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 75 36」

    The provision for loss on construction contracts decreased from ¥75 million at the end of the previous consolidated fiscal year to ¥36 million at the end of the third quarter.
  3. FY2023-Q2Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 75 42」

    The provision for loss on construction contracts decreased from ¥75 million at the end of the previous consolidated fiscal year to ¥42 million at the end of the second quarter.
  4. FY2023-Q1Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 75 59」

    The provision for loss on construction contracts decreased from ¥75 million at the end of the previous consolidated fiscal year to ¥59 million at the end of the first quarter.
  5. FY2022Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 87 75」

    The provision for loss on construction contracts decreased from ¥87 million at the end of the previous fiscal year to ¥75 million at the end of the current fiscal year.
  6. FY2022-Q3Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 87 75」

    The provision for loss on construction contracts decreased from ¥87 million at the end of the previous consolidated fiscal year to ¥75 million at the end of the third quarter.
  7. FY2021Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 120 87」

    The provision for loss on construction contracts decreased from ¥120 million at the end of the previous consolidated fiscal year to ¥87 million at the end of the fiscal year.
  8. FY2021-Q2Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 120 95」

    The provision for loss on construction contracts decreased from ¥120 million at the end of the previous consolidated fiscal year to ¥95 million at the end of the second quarter.
  9. FY2021-Q1Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 120 97」

    The provision for loss on construction contracts decreased from ¥120 million at the end of the previous consolidated fiscal year to ¥97 million at the end of the first quarter.
  10. FY2020Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts ¥187 million ¥120 million」

    The provision for loss on construction contracts decreased from ¥187 million at the end of the previous consolidated fiscal year to ¥120 million at the end of the fiscal year.
  11. FY2020-Q2Provision for losses on construction contracts decreased furtherAnnual report

    「Provision for loss on construction contracts 187 87」

    The provision for loss on construction contracts decreased from ¥187 million at the end of the previous consolidated fiscal year to ¥87 million at the end of the second quarter.
  12. FY2020-Q1Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 187,553 163,909」

    The provision for loss on construction contracts decreased from ¥187.553 million at the end of the previous consolidated fiscal year to ¥163.909 million at the end of the first quarter.
  13. FY2019-Q3Provision for losses on construction contracts decreased furtherAnnual report

    「Provision for loss on construction contracts 534,234 110,372」

    The provision for loss on construction contracts decreased from ¥534.234 million at the end of the previous consolidated fiscal year to ¥110.372 million at the end of the third quarter.
  14. FY2019-Q2Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 534,234 167,910」

    The provision for loss on construction contracts decreased from ¥534.234 million at the end of the previous consolidated fiscal year to ¥167.910 million at the end of the second quarter. The reason for the decrease is not explained in the text.
  15. FY2019-Q1Provision for losses on construction contracts decreasedAnnual report

    「Provision for loss on construction contracts 534,234 289,095」

    The provision for loss on construction contracts decreased from ¥534.234 million at the end of the previous consolidated fiscal year to ¥289.095 million at the end of the first quarter. The reason for the decrease is not explained in the text.
  16. FY2018MaterialisedAnnual report

    「In addition, losses have arisen in projects awarded to joint ventures in which we participate, in connection with construction work handled by other joint venture members due to additional work and other factors. As part of our joint and several liability in the joint venture, we are addressing the additional work and other matters. We initially recorded the full amount as cost of sales in the consolidated statement of income, and also recorded the estimated amount of future additional losses as a provision for loss on construction contracts under current liabilities in the consolidated balance sheet. The amount transferred to the provision for loss on construction contracts included in cost of sales was ¥534.234 million.」

    Additional work and other factors arose in construction handled by other members in a joint venture project, resulting in actual losses. Including the estimated amount of additional losses, the company recorded ¥534.234 million as the amount transferred to the provision for loss on construction contracts.
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Galilei Holdings's next results are scheduled for 2026-11-13. Read the earnings preview
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