Risk of Losses on Contracted Construction Projects and Provision for Construction Losses
First written in FY2019. 4 of 23 entries say "Restated". Latest entry: FY2026.
41 other companies' latest entry also says "Other".
- FY2026Decrease in the provision for losses on construction contractsAnnual report
「Change in provision for losses on construction contracts (△ indicates a decrease) 10,167 △ 9,468」
The provision for losses on construction contracts decreased from ¥10.167 million in the previous fiscal year to ¥9.468 million in the current fiscal year, indicating a decrease in the provision balance. - FY2026-H1Decrease in the provision for losses on construction contractsAnnual report
「Provision for losses on construction contracts 16,545 16,323」
The provision for losses on construction contracts decreased by ¥222,000, from ¥16.545 million at the end of the previous fiscal year to ¥16.323 million at the end of the current interim accounting period. - FY2025Increase in the provision for losses on construction contractsAnnual report
「Change in provision for losses on construction contracts (△ indicates a decrease) △ 82,265 10,167」
A ¥10.167 million change in the provision for losses on construction contracts was recorded, compared with ¥6.378 million in the previous fiscal year. - FY2025-H1Increase in the provision for losses on construction contractsAnnual report
「Provision for loss on construction contracts ¥6.378 million ¥7.263 million」
The provision for losses on construction contracts increased from ¥6.378 million at the end of the previous fiscal year to ¥7.263 million at the end of the current interim accounting period. This shows the change in the provision balance for construction contract loss risks. - FY2024MaterialisedAnnual report
「Change in provision for loss on construction contracts (△ indicates a decrease) △ ¥82.265 million ¥6.378 million」
The company reported a ¥6.378 million change in the provision for loss on construction contracts, disclosing a full-year change in the provision balance related to the risk of losses on construction contracts. - FY2024-Q2Recognition of provision balance for loss on construction contractsAnnual report
「Provision for loss on construction contracts — ¥9.151 million」
The company recognised a ¥9.151 million provision for loss on construction contracts at the end of the second quarter of the current fiscal year. The change in the provision balance is shown, but the disclosure does not state that the risk itself has been eliminated. - FY2024-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new matters relating to the business or accounting information described in this quarterly report that could materially affect investment decisions, nor any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including the risk of losses on construction contracts. - FY2023-Q3Zero balance for provision for loss on construction contractsAnnual report
「Provision for loss on construction contracts ¥82.265 million —」
The provision for loss on construction contracts decreased from ¥82.265 million at the end of the previous fiscal year to zero at the end of the third quarter of the current fiscal year. The change in the provision balance is shown, but the disclosure does not state that the risk of future losses has been eliminated. - FY2023-Q2Increase in provision for loss on order contracts and decrease in provision for loss on construction contractsAnnual report
「Provision for loss on order contracts — ¥152 thousand Provision for loss on construction contracts ¥82.265 million ¥14.911 million」
The provision for loss on order contracts was ¥152 thousand, while the provision for loss on construction contracts decreased from ¥82.265 million at the end of the previous fiscal year to ¥14.911 million. The company continues to recognise provisions. - FY2023-Q1Decrease in the balance of provision for construction lossesAnnual report
「Provision for loss on construction contracts ¥82.265 million ¥44.760 million」
The provision for loss on construction contracts decreased from ¥82.265 million at the end of the previous fiscal year to ¥44.760 million at the end of the first quarter of the current fiscal year, but the company continues to recognise a provision. - FY2022Continued recognition of provision for loss on construction contractsAnnual report
「Provision for loss on construction contracts — ¥82.265 million」
The company recognised a ¥82.265 million provision for loss on construction contracts at the end of the fiscal year, continuing to recognise a provision for the risk of losses on construction contracts on a full-year basis. - FY2022-Q3Increase in provision for loss on construction contractsAnnual report
「Provision for loss on construction contracts — ¥114.865 million」
The provision for loss on construction contracts increased from zero at the end of the previous fiscal year to ¥114.865 million at the end of the third quarter, also increasing from ¥63.381 million at the end of the previous quarter. - FY2022-Q2Decrease in the balance of provision for construction lossesAnnual report
「Provision for loss on construction contracts — ¥63.381 million」
The provision for loss on construction contracts increased from zero at the end of the previous fiscal year to ¥63.381 million at the end of the second quarter of the current fiscal year. Although it decreased from ¥65.603 million at the end of the previous quarter, the company continues to recognise a provision for the risk of losses on construction contracts. - FY2022-Q1MaterialisedAnnual report
「Provision for loss on order contracts ¥264 thousand ¥127 thousand Provision for loss on construction contracts — ¥65.603 million」
The company recognised a ¥65.603 million provision for loss on construction contracts at the end of the first quarter of the current fiscal year, indicating that the risk of losses on construction contracts had materialised as a provision. The provision for loss on order contracts was ¥127 thousand. - FY2021MaterialisedAnnual report
「Provision for loss on order contracts — ¥264 thousand」
For order contracts other than construction contracts, the company recognised a ¥264 thousand provision for loss on order contracts at the end of the fiscal year to provide for expected losses. The risk of losses on order contracts was actually recognised as a provision. - FY2021-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new matters relating to the business or accounting information described in this quarterly report that could materially affect investment decisions, nor any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including the risk of losses on construction contracts. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new matters relating to the business or accounting information described in this quarterly report that could materially affect investment decisions, nor any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including the risk of losses on construction contracts. - FY2021-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new matters relating to the business or accounting information described in this quarterly report that could materially affect investment decisions, nor any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to existing risks, including the risk of losses on construction contracts. - FY2020Zero balance for provision for loss on construction contractsAnnual report
「Provision for loss on construction contracts ¥4.410 million —」
The provision for loss on construction contracts fell from ¥4.410 million at the end of the previous fiscal year to zero at the end of the fiscal year. The change in the provision balance is shown, but the disclosure does not state that the risk of future losses has been eliminated. - FY2020-Q3Decrease in the balance of provision for construction lossesAnnual report
「Provision for loss on construction contracts ¥4.410 million ¥1.444 million」
The provision for loss on construction contracts decreased from ¥4.410 million at the end of the previous fiscal year to ¥1.444 million at the end of the third quarter of the current fiscal year. The change in the balance is shown, but the disclosure does not conclude that the risk itself has been reduced or eliminated. - FY2020-Q2Increase in provision for loss on construction contractsAnnual report
「Provision for loss on construction contracts ¥4.410 million ¥4.710 million」
The provision for loss on construction contracts increased from ¥4.410 million at the end of the previous fiscal year to ¥4.710 million at the end of the second quarter of the current fiscal year. - FY2020-Q1Increase in provision for loss on construction contractsAnnual report
「Provision for loss on construction contracts ¥4.410 million ¥4.710 million」
The provision for loss on construction contracts increased from ¥4.410 million at the end of the previous fiscal year to ¥4.710 million at the end of the first quarter of the current fiscal year. The change is described as an update to the provision balance, without concluding that the risk itself has increased. - FY2019First statedAnnual report
「To provide for losses on construction contracts, the company recognises the estimated amount of loss for contracts in progress at the end of the fiscal year when a loss is expected to arise and the amount can be reasonably estimated.」
The company has, for the first time, identified its provision policy when losses are expected on contracts in progress as a standalone risk theme. It states that the provision for loss on construction contracts at the end of the fiscal year was ¥4.410 million.