Profitability management through strict project management
First written in FY2021-Q3. 4 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2022: 2 of 13 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Against this backdrop, with a view to sustainable growth and enhancing corporate value over the medium to long term, the Group worked to strengthen order and profitability management, reduce costs and reinforce its earnings base.」
It is stated that the gross profit margin improved to 31.5% as a result of continuing order and profitability management, cost reductions and efforts to reinforce the earnings base. - FY2025AdvancedAnnual report
「As projects requiring costs substantially exceeding estimates had arisen in the industrial furnace segment during the previous consolidated fiscal year, among other factors, this was attributable to the smaller impact of similar projects during the current consolidated fiscal year.」
In relation to project profitability management, the impact of projects with costs exceeding estimates decreased from the previous fiscal year, and the gross profit margin improved to 28.3%. - FY2024RestatedAnnual report
「As in the previous consolidated fiscal year, this was attributable to the implementation of strict project management, although projects requiring costs substantially exceeding estimates arose in the industrial furnace segment, among other factors.」
Strict project management continued, but projects with costs exceeding estimates arose in the industrial furnace segment during the fiscal year, resulting in a decline in the gross profit margin. - FY2023RestatedAnnual report
「The gross margin decreased 0.3 percentage points from the previous consolidated fiscal year to 28.4%. 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 estimates, among other factors.」
Strict project management continued, but the gross profit margin declined slightly from the previous fiscal year. - FY2022AdvancedAnnual report
「The gross profit margin increased by 1.6 percentage points from the previous consolidated fiscal year to 28.7%. This was attributable, among other factors, to the implementation of strict project management and the absence of projects requiring costs substantially exceeding assumptions, as had occurred in the previous consolidated fiscal year.」
It is stated that the gross profit margin improved to 28.7% as a result of strict project management and the absence of projects with costs exceeding estimates. - FY2021AdvancedAnnual report
「Gross profit for the consolidated fiscal year was ¥627 million, up 10.1% year on year. The gross profit margin increased by 5.8 percentage points from the previous consolidated fiscal year to 27.2%. This was attributable to the implementation of strict project management and the absence of projects requiring costs substantially exceeding assumptions, as had occurred in the previous consolidated fiscal year.」
It is stated that the gross profit margin improved to 27.2% as a result of strict project management and the absence of projects with costs exceeding estimates. - FY2021-Q3First statedAnnual report
「In terms of profit, as a result of strict project management and thorough reductions in selling, general and administrative expenses, among other measures」
Strict project management is described for the first time as a specific management measure implemented to improve profitability.