Risk of manufacturing cost overruns and defects after delivery
First written in FY2018. 9 of 14 entries say "Materialised", first in FY2022. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1MaterialisedAnnual report
「This was due partly to the incurrence of additional costs in the industrial furnace segment, among other factors.」
Additional costs were actually incurred in the industrial furnace segment, and this is cited as a factor behind the operating loss. - FY2025MaterialisedAnnual report
「Although there were cases in which costs exceeded the budget on large projects received by the industrial furnace segment,」
The company states that cost overruns during manufacturing and project execution also occurred in the current fiscal year. - FY2025-H1MaterialisedAnnual report
「This was due partly to the incurrence of additional costs in the industrial furnace segment, among other factors.」
The occurrence of additional costs in the industrial furnace division continues to be described as the actual manifestation of the risk of cost overruns in manufacturing and project execution. - FY2024MaterialisedAnnual report
「This was due, among other factors, to the emergence of projects in the industrial furnace division requiring costs substantially exceeding expectations.」
Costs substantially exceeding expectations were incurred during manufacturing and project execution, and are described as a factor behind the decline in gross profit margin. - FY2024-Q3MaterialisedAnnual report
「Because additional costs were incurred in large-scale projects in the industrial furnace division, among other factors,」
The company states that additional costs were actually incurred in large-scale projects in the industrial furnace division and contributed to operating profit. - FY2024-Q2MaterialisedAnnual report
「This was due partly to the incurrence of additional costs in the industrial furnace segment, among other factors.」
Additional costs were actually incurred in the industrial furnace division and are described as a factor contributing to deteriorating profitability. - FY2023MitigatedAnnual report
「This was due, as in the previous consolidated fiscal year, to the implementation of strict project management and the absence of projects requiring costs substantially exceeding expectations, among other factors.」
The company states that there were no projects requiring costs substantially exceeding expectations, limiting the occurrence of manufacturing cost overruns. - FY2023-Q3MaterialisedAnnual report
「This was due partly to the incurrence of additional costs in the industrial furnace segment, among other factors.」
The company states that additional costs were actually incurred in the industrial furnace division and contributed to lower profit. - FY2023-Q2MaterialisedAnnual report
「Although additional costs were incurred in the industrial furnace segment,」
The company states that unexpected additional costs were actually incurred in the industrial furnace division. - FY2022MaterialisedAnnual report
「Because costs and work hours exceeding expectations were incurred in some projects,」
The company states that costs and work hours exceeding expectations were actually incurred during manufacturing and project execution. - FY2021RestatedAnnual report
「If costs exceeding the estimate made during the review stage are incurred during manufacturing, or defects arise after delivery, the Group’s performance may be adversely affected.」
The risk of earnings deterioration due to manufacturing cost overruns and defects after delivery is reiterated. - FY2020RestatedAnnual report
「If costs exceeding the estimate made during the review stage are incurred during manufacturing, or defects arise after delivery, the Group’s performance may be adversely affected.」
The risk of manufacturing cost overruns and defects after delivery is reiterated. - FY2019RestatedAnnual report
「If costs exceeding the estimate made during the review stage are incurred during manufacturing, or defects arise after delivery, the Company’s performance may be adversely affected.」
The risk of earnings deterioration due to manufacturing cost overruns and defects after delivery is reiterated. - FY2018First statedAnnual report
「If costs exceeding the estimate made during the review stage are incurred during manufacturing, or defects arise after delivery, the Company’s performance may be adversely affected.」
The company identifies cost overruns during the manufacture of sophisticated products tailored to customer specifications and defects after delivery as potential risks of earnings deterioration.