Recognition of provisions for loss on contracts to cover future losses
First written in FY2018. 2 of 9 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 24 of 110 companies on the "Worse" side.
46 other companies' latest entry also says "Other".
- FY2021Provision for loss on contracts reduced to zeroAnnual report
「Provision for loss on contracts 23,200 —」
The provision for loss on contracts, which stood at ¥118 million at the end of the third quarter, had a zero balance at the end of FY2021. The policy of recognizing the estimated amount of losses on projects expected to incur future losses has nevertheless been maintained. - FY2021-Q3Increase in provision for contract lossesAnnual report
「Provision for loss on contracts 23,200 118,200」
The provision for loss on contracts increased from ¥23 million at the end of the previous consolidated fiscal year to ¥118 million at the end of the third quarter. - FY2021-Q2Increase in provision for contract lossesAnnual report
「Provision for loss on contracts 23,200 58,200」
The provision for loss on contracts increased from ¥23 million at the end of the previous consolidated fiscal year to ¥58 million at the end of the second quarter. - FY2021-Q1Increase in provision for contract lossesAnnual report
「Provision for loss on contracts 23,200 58,200」
The provision for loss on contracts increased from ¥23 million at the end of the previous consolidated fiscal year to ¥58 million at the end of the first quarter. The policy of recognizing the estimated amount of losses on contract projects expected to incur future losses is reflected in the financial figures. - FY2020RestatedAnnual report
「Of the contract projects outstanding at the end of the current consolidated fiscal year, the estimated amount of losses is recognized for projects expected to incur losses, to provide for future losses.」
The accounting policy of recognizing the estimated amount of losses on contract projects expected to incur future losses has been maintained, and the provision for loss on contracts stood at ¥23 million at the end of the current fiscal year. - FY2020-Q3RestatedAnnual report
「Provision for loss on contracts — 23,200」
The provision for loss on contracts, which had a zero balance at the end of the previous fiscal year, stood at ¥23 million at the end of the third quarter. - FY2020-Q2Provision for losses on contracts recorded againAnnual report
「Change in provision for loss on contracts (decrease shown as △) — 23,200」
The provision for loss on contracts, which had a zero balance at the end of the previous fiscal year, stood at ¥23 million at the end of the second quarter. - FY2019Provision for loss on contracts reduced to zeroAnnual report
「Provision for loss on contracts 55,000 thousand yen —」
The ¥55 million provision for loss on contracts recognized in the previous fiscal year had a zero balance at the end of the current fiscal year. The accounting policy of recognizing the estimated amount of losses on contract projects expected to incur future losses has nevertheless been maintained. - FY2018First statedAnnual report
「Of the contract projects outstanding at the end of the current consolidated fiscal year, the estimated amount of losses is recognized for projects expected to incur losses, to provide for future losses.」
A ¥55 million provision for loss on contracts was recognized during the year, and the response to contract projects expected to incur losses was disclosed.