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Nishikawa Keisoku (7500) · TargetAdvanced

Growth in base orders and greater engineering efficiency

First written in FY2016. 10 of 11 entries say "Advanced", first in FY2018. Latest entry: FY2026.

11entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016AdvancedFY2018 – FY20262016: 12017: 020172018: 120182019: 220192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Improving earnings power and profitability through operational and management efficiencyA theme 126 companies write about · 0 as a headwind · 128 as a tailwind

The whole theme swung hardest in 2025: 18 of 108 companies on the "Worse" side.

53 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 126 companies compared. The sentences above are computed from all 126.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Gross profit was ¥9,955 million, up ¥1,169 million from the previous period, in line with higher revenue.」

    Full-year gross profit increased by ¥1,169 million from the previous period, indicating progress in earnings scale.
  2. FY2025AdvancedAnnual report

    「Gross profit was ¥8,786 million, up ¥423 million from the previous period, in line with higher revenue.」

    Gross profit increased by ¥423 million from the previous period in line with higher revenue. Although there is no specific disclosure on engineering efficiency, the figures indicate progress in earnings scale.
  3. FY2024AdvancedAnnual report

    「Gross profit was ¥8,362 million, up ¥1,463 million from the previous period, reflecting the increase accompanying higher revenue and improved gross margins resulting from a larger number of high-value-added projects requiring advanced engineering capabilities.」

    The number of high-value-added projects requiring advanced engineering capabilities increased, resulting in a ¥1,463 million year-on-year increase in gross profit.
  4. FY2023AdvancedAnnual report

    「Gross profit was ¥6,899 million, up ¥493 million from the previous period, reflecting both the increase accompanying higher revenue and efforts to reduce costs through thorough process management.」

    Efforts to reduce costs through thorough process management resulted in a ¥493 million year-on-year increase in gross profit.
  5. FY2022AdvancedAnnual report

    「Gross profit was ¥6,405 million, up ¥11 million from the previous period, due to lower costs resulting from thorough process management.」

    Despite lower revenue, gross profit increased by ¥11 million year on year due to lower costs resulting from thorough process management. The disclosures indicate measurable progress in efficiency and earnings preservation.
  6. FY2021-Q2AdvancedAnnual report

    「In terms of profit, improvements in gross margin through thorough project management and reductions in selling, general and administrative expenses and other factors resulted in operating profit of ¥1,083 million, down 3.9% year on year, ordinary profit of ¥1,140 million, down 1.4%, and quarterly net profit of ¥782 million, down 2.1%, broadly in line with the previous period.」

    Improved gross margins through thorough project management and reductions in SG&A expenses kept profit broadly at the previous period's level despite lower revenue.
  7. FY2020-Q2AdvancedAnnual report

    「In terms of profit, in addition to the effect of higher revenue, productivity improvements in project management and other factors resulted in operating profit of ¥1,127 million, up 47.8% year on year, ordinary profit of ¥1,156 million, up 43.5%, and quarterly net profit of ¥799 million, up 45.4%.」

    Productivity improvements in project management drove operating profit, ordinary profit and quarterly net profit above the same period of the previous year.
  8. FY2020-Q1AdvancedAnnual report

    「In terms of profit, in addition to the effect of higher revenue, productivity improvements in project management and other factors resulted in operating profit of ¥288 million, up 426.5% year on year, ordinary profit of ¥296 million, up 269.7%, and quarterly net profit of ¥200 million, up 294.2%.」

    Productivity improvements in project management were explicitly identified as a driver of profit growth, and operating profit, ordinary profit and quarterly net profit exceeded the same period of the previous year.
  9. FY2019-Q3AdvancedAnnual report

    「In addition to the effect of higher revenue, improved productivity in project management and other factors resulted in operating profit of ¥2,055 million, up 55.7% year on year, ordinary profit of ¥2,101 million, up 54.8%, and quarterly net profit of ¥1,444 million, up 56.3%.」

    Productivity improvements in project management were explicitly identified as a driver of profit growth, and operating profit and other measures exceeded the same period of the previous year. The disclosures indicate concrete progress in engineering efficiency and stable revenue generation.
  10. FY2018AdvancedAnnual report

    「During the fiscal year, equipment renewal related to lifelines, including water, gas and electricity, remained solid, and the semiconductor industry performed well. However, because the timing of winning major orders for research and development testing equipment for automotive manufacturers was concentrated in the second half, the related revenue was scheduled for the following fiscal year, contributing to revenue of ¥27,263 million, down ¥1,397 million from the previous period. Gross profit declined ¥68 million to ¥5,459 million due to lower revenue, but the gross profit margin improved 0.7 percentage points from the previous period to 20.0% as engineering processes became more efficient.」

    In the context of reducing reliance on major projects and pursuing stable earnings, engineering processes became more efficient, improving the gross profit margin by 0.7 percentage points from the previous period to 20.0%.
  11. FY2016First statedAnnual report

    「We believe that increasing base orders and improving engineering efficiency, without relying on a limited number of major projects, are important to securing stable earnings.」

    The company considers building a base of orders and improving operational efficiency, while avoiding reliance on major projects, prerequisites for stable earnings.
Moved together

"Providing Solutions Across Multiple Industries Leveraging Our Infrastructure Foundation" moved the same way as this thread, in the same document, in 8 of its 11 moves.

876655★123456
  1. ★This thread
  2. 1Providing Solutions Across Multiple Industries Leveraging Our Infrastructure Foundation8×
  3. 2Developing New Core Businesses and Expanding Operations7×
  4. 3Profit Returns Through Performance-Linked and Stable Dividends6×
  5. 4Gross Profit Margin Improvement6×
  6. 5ROE of 10% or Higher5×
  7. 6Executive incentives through performance-linked and share acquisition-based compensation5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Growth in base orders and greater engineering efficiency | NISHIKAWA KEISOKU Co.,Ltd. (7500) | Komori