Losses on accepted construction contracts and uncertainty in estimating construction costs
First written in FY2021. 11 of 19 entries say "Mitigated", first in FY2023-Q1. Latest entry: 2026-11-05.
Naikai Zosen moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
22 other companies' latest entry also says "Worsened".
- FY2026MitigatedAnnual report
「Provision for losses on construction contracts 1,237 143 Of which: provision recognized for losses on construction contracts 253 －」
The balance of the provision for losses on construction contracts decreased from ¥1,237 million in the previous fiscal year to ¥143 million, and no provision was recognized in the current fiscal year. - FY2026-H1MitigatedAnnual report
「Provision for losses on construction contracts 1,237 420」
The balance of the provision for losses on construction contracts decreased from ¥1,237 million at the end of the previous consolidated fiscal year to ¥420 million. Although the risk of losses on accepted construction contracts remains, the provision balance has fallen substantially. - FY2025-H1MitigatedAnnual report
「Provision for losses on construction contracts 1,902 1,244」
The balance of the provision for losses on construction contracts decreased by ¥658 million, from ¥1,902 million at the end of the previous consolidated fiscal year to ¥1,244 million. Although the risk of losses on accepted construction contracts remains, the provision balance has declined. - FY2024MitigatedAnnual report
「Provision for losses on construction contracts 2,795 1,902 Of which: provision recognized for losses on construction contracts 1,337 981」
The balance of the provision for losses on construction contracts decreased from ¥2,795 million in the previous fiscal year to ¥1,902 million, and the provision recognized in the current fiscal year also decreased from ¥1,337 million to ¥981 million. Although the risk of losses on accepted construction contracts remains, the provision balance has declined. - FY2024-Q3MitigatedAnnual report
「Provision for losses on construction contracts 2,795 2,415」
The balance of the provision for losses on construction contracts decreased by ¥380 million, from ¥2,795 million at the end of the previous consolidated fiscal year to ¥2,415 million. Although the risk of losses on accepted construction contracts remains, the provision balance has declined. - FY2024-Q2MitigatedAnnual report
「Provision for losses on construction contracts 2,795 2,493」
The balance of the provision for losses on construction contracts decreased by ¥302 million, from ¥2,795 million at the end of the previous consolidated fiscal year to ¥2,493 million. Although the risk of losses on accepted construction contracts remains, the provision balance has declined. - FY2024-Q1MitigatedAnnual report
「Provision for losses on construction contracts 2,795 2,628」
The balance of the provision for losses on construction contracts decreased from ¥2,795 million at the end of the previous consolidated fiscal year to ¥2,628 million. Although the risk of losses on accepted construction contracts remains, the provision balance decreased by ¥167 million. - FY2023WorsenedAnnual report
「Provision for losses on construction contracts 1,919 2,795 Of which: provision recognized for losses on construction contracts 1,037 1,337」
The balance of the provision for losses on construction contracts increased from ¥1,919 million in the previous fiscal year to ¥2,795 million, and the provision recognized in the current fiscal year was ¥1,337 million. - FY2023-Q3WorsenedAnnual report
「Provision for losses on construction contracts 1,919 2,347」
The balance of the provision for losses on construction contracts increased by ¥428 million, from ¥1,919 million at the end of the previous consolidated fiscal year to ¥2,347 million. The risk of losses on accepted construction contracts continues to be reflected in the financial statements, and the amount has also increased. - FY2023-Q2WorsenedAnnual report
「Provision for losses on construction contracts 882 1,533」
The balance of the provision for losses on construction contracts increased from ¥1,919 million at the end of the previous fiscal year to ¥2,199 million. The risk of losses on accepted construction contracts continues to be reflected in the financial statements, and the amount has also increased. - FY2023-Q1MitigatedAnnual report
「Provision for losses on construction contracts 1,919 1,719」
The balance of the provision for losses on construction contracts decreased from ¥1,919 million at the end of the previous consolidated fiscal year to ¥1,719 million. Although the risk of losses on accepted construction contracts remains, the provision balance has decreased. - FY2022-Q3WorsenedAnnual report
「Provision for losses on construction contracts 882 1,819」
The balance of the provision for losses on construction contracts increased from ¥882 million at the end of the previous consolidated fiscal year to ¥1,819 million. The risk of losses on accepted construction contracts continues to be reflected in the financial statements, and the balance also increased from ¥1,533 million reported in the previous quarterly report. - FY2022-Q2WorsenedAnnual report
「Provision for losses on construction contracts 882 1,533」
The balance of the provision for losses on construction contracts increased from ¥882 million at the end of the previous consolidated fiscal year to ¥1,533 million. The risk of losses on accepted construction contracts continues to be reflected in the financial statements, and the amount has also increased. - FY2022-Q1WorsenedAnnual report
「Provision for losses on construction contracts 882 1,187」
The balance of the provision for losses on construction contracts increased from ¥882 million at the end of the previous consolidated fiscal year to ¥1,187 million. The risk of losses on accepted construction contracts continues to be reflected in the financial statements. - FY2021MaterialisedAnnual report
「Provision for losses on construction contracts ¥882 million Of which: provision recognized for losses on construction contracts ¥882 million」
Losses are expected to arise on construction contracts on hand, and a ¥882 million provision for losses on construction contracts was recorded. The Company also describes the possibility that changes in estimated costs due to prices of materials and equipment and specification changes may affect profit or loss in the following fiscal year.