Strengthening the Earnings Base of Domestic Operations
First written in FY2017-Q1. 10 of 23 entries say "Advanced", first in FY2022-Q3. Latest entry: 2026-10-30.
11 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The social systems business reported higher revenue and profit as construction on projects recognized under the percentage-of-completion method progressed ahead of expectations.」
The social systems business reported revenue of ¥104,555 million and operating profit of ¥4,092 million, supported by improved construction progress. - FY2026-H1Higher revenue in social systems and water infrastructure, but weaker profitabilityAnnual report
「The social systems business reported higher revenue and profit as the number of projects handled increased, supported by strong orders. The water infrastructure business reported higher revenue due to increased revenue recognized under the percentage-of-completion method, but lower profit because the profit mix of projects deteriorated. Meanwhile, the railway business reported lower revenue and profit due to a decline following the completion of large projects. As a result, revenue increased 3.1% year on year to ¥38,429 million, while the operating loss worsened by ¥579 million to ¥1,877 million.」
The social systems business reported higher revenue and profit, supported by strong orders, while the water infrastructure business reported lower profit because the profit mix of projects deteriorated despite higher revenue under the percentage-of-completion method. The railway business reported lower revenue and profit due to a decline following the completion of large projects, resulting in higher revenue but a worsened operating loss of ¥1,877 million for the segment overall. - FY2025-H1AdvancedAnnual report
「The social systems and water infrastructure businesses reported higher revenue and profit as the number of projects handled increased, supported by strong orders. As a result, revenue increased 8.7% year on year to ¥37,288 million, while the operating loss improved by ¥1,543 million to ¥1,297 million.」
The social systems and water infrastructure businesses reported higher revenue and profit as the number of projects increased, supported by strong orders. - FY2024-Q3Significantly lower revenue and profit in the social systems business due to longer material lead times, construction delays and soaring material costsAnnual report
「The social systems business reported significantly lower revenue and profit as the effects of longer material lead times and delays in related construction became pronounced. Across the segment as a whole, including the railway systems and water infrastructure businesses, revenue recognition was pushed back because of schedule delays, while higher material costs weakened profitability. As a result, revenue fell 7.8% year on year to ¥49,925 million, and the operating loss worsened by ¥1,773 million to ¥4,010 million.」
In the domestic earnings base, the social systems business reported significantly lower revenue and profit due to longer material lead times and delays in related construction. Across the segment, revenue recognition was pushed back and profitability deteriorated because of soaring material costs. - FY2024-Q2Lower revenue and profit due to construction delays and weaker profitability in the social systems and water infrastructure businessesAnnual report
「In the social systems and water infrastructure businesses, the longer lead times for materials and delays in related construction affected construction progress. Some projects also experienced weaker profitability due to higher costs, resulting in deterioration in earnings. As a result, revenue fell 10.7% year on year to ¥33,384 million, while the operating loss worsened by ¥1,369 million to ¥2,790 million.」
In the domestic social systems and water infrastructure businesses, longer material lead times, delays in related construction and lower profitability due to higher costs led to lower revenue and a worsening operating loss. - FY2024-Q1Higher revenue in domestic public-sector social systems and delayed construction in water infrastructureAnnual report
「The social systems business reported higher revenue, including from growth in the domestic public sector, but lower profit because the profit mix of revenue deteriorated. The railway systems business reported nearly unchanged revenue but higher profit, mainly due to cost improvements on large overseas projects. The water infrastructure business reported lower revenue and profit because of delays in construction progress and other factors.」
In the domestic business, growth in the public sector was offset by deterioration in the profit mix of revenue and delays in water infrastructure construction, resulting in divergent performance among the businesses comprising the domestic earnings base. - FY2023-Q1AdvancedAnnual report
「The water infrastructure business reported higher revenue as construction progressed steadily, while the social systems business, including the railway systems business and certain projects, reported lower revenue because the timing of revenue recognition was pushed back.」
The Group disclosed that progress on construction in the water infrastructure business led to higher revenue, while the timing of revenue recognition was pushed back for railway systems and certain projects. - FY2022-Q3AdvancedAnnual report
「The railway systems business reported lower revenue, partly because customers continued to restrain capital investment. However, revenue increased significantly in the social systems and water infrastructure businesses as construction on domestic projects progressed steadily, resulting in higher revenue and profit year on year. As a result, revenue increased 20.1% year on year to ¥59,490 million, while operating profit improved by ¥3,364 million to ¥1,569 million.」
The Group disclosed that progress on construction for domestic social systems and water infrastructure projects led to a significant increase in revenue and higher revenue and profit. - FY2022-Q1RestatedAnnual report
「Sales remained firm in the social systems and water infrastructure businesses, supported by steady progress on construction for domestic projects, among other factors,」
Steady progress on construction for domestic social systems and water infrastructure projects continues to support the earnings base of the domestic business. - FY2019-Q1ReframedAnnual report
「In Japan, the Group is working to expand sales of distinctive products and win equipment upgrade projects for existing facilities in response to changes in the business environment, including the stabilization of power quality at electric utilities and the diversification of municipal infrastructure service models.」
The Group cites the stabilization of power quality and the diversification of municipal infrastructure service models as factors behind efforts to strengthen its domestic earnings base, and is expanding sales of distinctive products and pursuing equipment upgrade projects for existing facilities. - FY2018ReframedAnnual report
「The Group classifies businesses that provide a stable earnings base, including its water treatment and public infrastructure business, power and renewable energy business, and maintenance and services business, as “earnings-base businesses,” and will strengthen earnings power by transforming its business model and improving productivity.」
The Group has reorganized its approach to strengthening the earnings base, previously centered on domestic equipment upgrades, around the classification of earnings-base businesses, business model transformation and stronger earnings power through improved productivity. - FY2018-Q3RestatedAnnual report
「In Japan, the overall order environment remains challenging, but orders for hydroelectric power facilities have remained firm. The Group is also working to expand sales of distinctive products and win equipment upgrade projects for existing facilities, particularly for electric utilities and manufacturers.」
The Group continues to target hydroelectric power facilities, distinctive products and equipment upgrade projects for existing facilities for electric utilities and manufacturers as part of its domestic earnings base. - FY2018-Q2RestatedAnnual report
「In Japan, the overall order environment remains challenging, but the Group is working to expand sales of distinctive products and win equipment upgrade projects for existing facilities, particularly for electric utilities and manufacturers.」
In Japan, the Group continues to expand sales of distinctive products and win equipment upgrade projects for existing facilities, including those for electric utilities and manufacturers, as means of strengthening its earnings base. - FY2018-Q1RestatedAnnual report
「In Japan, the overall order environment remains challenging, but orders for equipment upgrade projects by electric utilities and hydroelectric power facilities have remained firm. The Group is also strengthening product competitiveness, including by developing additional distinctive products, in an effort to capture replacement demand.」
The Group continues its policy of using equipment upgrade projects for domestic electric utilities and hydroelectric power facilities as its earnings base, while capturing replacement demand through the development of distinctive products. - FY2017-Q3RestatedAnnual report
「In Japan, the overall order environment remains challenging, partly due to the stronger yen and other factors, but orders for equipment upgrades by electric utilities and hydroelectric power facilities have remained firm.」
The Group continues to emphasize equipment upgrades by domestic electric utilities and hydroelectric power facilities as its earnings base. - FY2017-Q2RestatedAnnual report
「In Japan, the overall order environment remains challenging, partly due to the stronger yen and other factors, but orders for equipment upgrades by electric utilities and hydroelectric power facilities have remained firm.」
There has been no material change in the policy of emphasizing orders for domestic equipment upgrades and hydroelectric power facilities as the earnings base. - FY2017-Q1First statedAnnual report
「The Group operates based on 3 basic policies: ① strengthening the earnings base of the domestic business, ② achieving growth and expansion in the overseas business, and ③ strengthening product competitiveness.」
In its domestic business, the Group regards equipment upgrades by electric utilities, hydroelectric power facilities, and the renewal and maintenance of water and wastewater facilities as specific opportunities to strengthen its earnings base.