Loss-Making Construction Projects and Additional Costs
First written in FY2021. 5 of 7 entries say "Mitigated", first in FY2025-H1. Latest entry: 2026-10-29.
The whole theme swung hardest in 2021: 11 of 27 companies on the "Worse" side.
12 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Provision for losses on construction contracts 21 9」
The provision for losses on construction contracts decreased from ¥21 million at the end of the previous fiscal year to ¥9 million, but a balance continues to be recorded. - FY2026-H1MitigatedAnnual report
「Provision for losses on construction contracts 21 0」
The provision for losses on construction contracts decreased from ¥21 million at the end of the previous consolidated fiscal year to ¥0 million at the end of the current interim consolidated accounting period, eliminating the provision balance related to unprofitable construction projects. - FY2025-H1MitigatedAnnual report
「Provision for losses on construction contracts 50 28」
The provision for losses on construction contracts decreased from ¥50 million at the end of the previous consolidated fiscal year to ¥28 million at the end of the current interim consolidated accounting period. - FY2024MaterialisedAnnual report
「¥50 million provision for losses on construction contracts」
Regarding the risk of unprofitable construction projects and additional costs, a ¥50 million provision for losses on construction contracts was recorded as an expense in the current fiscal year, making the cost impact apparent. - FY2021First statedAnnual report
「If an unprofitable construction project arises in construction work performed by the Group due to additional construction costs or other factors not included in the original assumptions during the construction stage, the Group will record a provision for construction project losses, which could adversely affect the Group's operating results and financial condition.」
The Company described the risk of unprofitable construction projects arising from unforeseen additional costs during the construction stage as a new risk item.