Thorough Construction and Delivery Schedule Management and Margin Improvement
First written in FY2017-Q1. 17 of 29 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-07-30.
The whole theme swung hardest in 2021: 2 of 23 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Revenue amounted to ¥20,680 million, up 4.9% from the previous fiscal year, owing to steady progress on large new-build projects in the Tokyo metropolitan area. Operating profit amounted to ¥2,320 million, up 3.3% from the previous fiscal year. Revenue and operating profit both reached record highs for the second consecutive fiscal year.」
Progress on large new-build projects lifted revenue and operating profit in the air-conditioning equipment construction-related business to record highs for the second consecutive fiscal year. - FY2026-H1AdvancedAnnual report
「Operating profit amounted to ¥975 million, up 28.2% year on year, owing to the increase in revenue and efforts to add value to renovation projects.」
Progress in adding value to renovation projects lifted operating profit in the air-conditioning equipment construction-related business 28.2% year on year. - FY2025-H1AdvancedAnnual report
「Sales rose 43.8% year on year to ¥9,054 million as large new-build projects in Hokuriku and the Tokyo metropolitan area progressed steadily. Operating profit rose 120.3% to ¥760 million, reflecting higher sales and efforts to generate high-value-added projects in new-build and renovation work.」
Profitability in the air-conditioning equipment construction-related business improved substantially as the company worked to generate high-value-added projects in new-build and renovation construction, in addition to progress on large new-build projects. - FY2024-Q3AdvancedAnnual report
「Revenue amounted to ¥9,939 million, up 10.8% year on year, owing to steady progress on large new-build projects in the Tokyo metropolitan area and strong demand for outsourced BIM services within the design and cost-estimation operations in Vietnam. Operating profit amounted to ¥611 million, up 115.8% year on year, owing to the increase in revenue and the ability to make high-value-added proposals for renovation projects.」
Profitability in the air-conditioning equipment construction-related business improved owing to progress on large new-build projects and outsourced BIM services, as well as high-value-added renovation proposals. - FY2024-Q2AdvancedAnnual report
「Revenue amounted to ¥6,298 million, down 0.4% year on year, as strong demand for outsourced BIM services within the design and cost-estimation operations in Vietnam was offset by substantial progress on large new-build projects in Hokuriku in the previous year’s corresponding period. Operating profit, however, amounted to ¥345 million, up 21.8% year on year, owing to the ability to make high-value-added proposals for renovation projects.」
Revenue edged down owing to the reaction to progress on large new-build projects in the previous year’s corresponding period, but BIM outsourcing performed well and operating profit increased owing to high-value-added proposals for renovation projects. - FY2024-Q1Orders up, revenue down on slower progress; strong BIM outsourcing but profit lowerAnnual report
「Revenue amounted to ¥2,733 million, down 7.9% year on year, as strong demand for outsourced BIM services within the design and cost-estimation operations in Vietnam was offset by substantial progress on large new-build and renovation projects in the Tokyo metropolitan area in the previous year’s corresponding period. Operating profit amounted to ¥34 million, down 56.8% year on year.」
Outsourced BIM services in Vietnam performed well, but revenue and profit declined owing to the reaction to large projects in the Tokyo metropolitan area in the previous year’s corresponding period. - FY2023Higher orders, lower sales due to progress, lower profit due to relocation and personnel costsAnnual report
「Revenue amounted to ¥12,652 million, down 10.0% from the previous fiscal year, as progress on large new-build projects in the Tokyo metropolitan area had been substantial in the previous fiscal year. Operating profit amounted to ¥702 million, down 44.6% from the previous fiscal year, as costs increased owing to aggressive personnel expansion and the new construction and relocation of the Toyama office of subsidiary Mitani Sangyo Constructions Co., Ltd., completed in July last year, in addition to the decline in revenue.」
Revenue declined owing to the reaction to progress on large projects in the previous year, while personnel expansion costs and Toyama office relocation costs reduced profit. - FY2023-Q3Lower revenue from slower project progress; profit down on relocation and personnel costsAnnual report
「Revenue amounted to ¥8,967 million, down 9.9% year on year, as progress on large new-build projects in the Tokyo metropolitan area had been substantial in the previous year’s corresponding period. Operating profit amounted to ¥283 million, down 63.2% year on year, as costs increased owing to the new construction and relocation of the Toyama office of subsidiary Mitani Sangyo Constructions Co., Ltd., completed in July last year, and aggressive personnel expansion, in addition to the decline in revenue.」
Revenue declined owing to the reaction to progress on large projects in the previous year’s corresponding period, while operating profit fell substantially owing to relocation costs for the Toyama office and personnel expansion costs. - FY2023-Q2Lower revenue from slower project progress; profit down on relocation and personnel costsAnnual report
「Revenue amounted to ¥6,325 million, down 6.9% year on year, as progress on large new-build projects in the Tokyo metropolitan area had been substantial in the previous year’s corresponding period. Operating profit amounted to ¥283 million, down 49.7% year on year, as costs increased owing to the new construction and relocation of the Toyama office of subsidiary Mitani Sangyo Constructions Co., Ltd., completed in July this year, and aggressive personnel expansion, in addition to the decline in revenue.」
Revenue declined owing to the reaction to substantial progress on large new-build projects in the previous year’s corresponding period, while operating profit fell owing to new construction and relocation costs for the Toyama office and aggressive personnel expansion costs. - FY2023-Q1Fewer project completions and higher personnel costs reduced profitAnnual report
「Revenue amounted to ¥2,966 million, down 11.7% year on year, owing to fewer completions of large new-build and renovation projects than in the previous year’s corresponding period. Operating profit amounted to ¥79 million, down 73.8% year on year, as costs increased owing to aggressive personnel expansion in addition to the decline in revenue.」
Fewer completions of large new-build and renovation projects reduced revenue, while higher personnel expansion costs also contributed to a substantial decline in operating profit. - FY2022-Q3Revenue growth from project progress, but profit lower due to personnel costsAnnual report
「Sales rose 6.8% year on year to ¥9,953 million, supported by steady progress on large new-build and renovation projects in the Tokyo metropolitan area and strong contracted design and cost-estimation services in Vietnam. Operating profit, however, fell 0.9% to ¥769 million due to higher costs associated with strengthening the workforce.」
Revenue continued to increase owing to progress on construction projects and design and cost-estimation services, but operating profit fell below the previous year’s corresponding period owing to costs including investment in additional personnel. - FY2022-Q2AdvancedAnnual report
「Sales rose 18.0% year on year to ¥6,795 million, supported by steady progress on large new-build and renovation projects in the Tokyo metropolitan area and strong contracted design and cost-estimation services in Vietnam. Operating profit rose 13.0% to ¥563 million.」
Progress on large construction projects and outsourced design and cost-estimation services in Vietnam led to higher revenue and profit as a result of construction execution and project operations. - FY2022-Q1AdvancedAnnual report
「Revenue amounted to ¥3,358 million, up 39.0% year on year, owing to steady progress on multiple large new-build and renovation projects in the Tokyo metropolitan area and strong demand for outsourced design and cost-estimation services in Vietnam. Operating profit amounted to ¥303 million, up 56.6% year on year.」
Large new-build and renovation projects in the Tokyo metropolitan area and outsourced design and cost-estimation services in Vietnam progressed steadily, resulting in higher revenue and profit in the air-conditioning equipment construction-related business. - FY2021AdvancedAnnual report
「Revenue amounted to ¥13,452 million, up 19.6% from the previous fiscal year, owing to steady progress on large renovation projects in the Tokyo metropolitan area and Hokuriku and strong demand for outsourced design and cost-estimation services in Vietnam. Operating profit amounted to ¥1,193 million, up 8.5% from the previous fiscal year.」
Large renovation projects and outsourced design and cost-estimation services in Vietnam contributed to higher full-year revenue and profit. - FY2021-Q3AdvancedAnnual report
「Revenue amounted to ¥9,322 million, up 13.3% year on year, owing to steady progress on large new-build projects in the Tokyo metropolitan area and Hokuriku and strong demand for outsourced design and cost-estimation services in Vietnam. Operating profit amounted to ¥776 million, up 3.1% year on year.」
Large new-build projects and outsourced design and cost-estimation services in Vietnam progressed well, resulting in higher revenue and profit in the air-conditioning equipment construction-related business. - FY2021-Q2AdvancedAnnual report
「Revenue amounted to ¥5,758 million, up 9.8% year on year, owing to steady progress on large new-build projects in Hokuriku and strong demand for outsourced design and cost-estimation services in Vietnam. Operating profit amounted to ¥498 million, up 3.9% year on year.」
Large new-build projects in Hokuriku and outsourced design and cost-estimation services in Vietnam progressed well, resulting in higher revenue and profit in the air-conditioning equipment construction-related business. - FY2021-Q1Orders up, revenue marginally down and profit lowerAnnual report
「Revenue amounted to ¥2,415 million, down 0.5% year on year, as the steady progress of large new-build projects in Hokuriku and strong demand for outsourced design and cost-estimation services in Vietnam were offset by multiple large new-build projects in the Tokyo metropolitan area in the previous year’s corresponding period. Operating profit amounted to ¥193 million, down 9.6% year on year.」
Large new-build projects in Hokuriku and outsourced design and cost-estimation services in Vietnam performed well, but revenue and operating profit declined owing to the reaction to large projects in the Tokyo metropolitan area in the previous year’s corresponding period. - FY2020-Q3RestatedAnnual report
「Revenue amounted to ¥8,227 million, up 10.3% year on year, owing to steady progress on multiple large new-build and renovation projects in the Tokyo metropolitan area and Hokuriku, as well as strong demand for outsourced design and cost-estimation services in Vietnam. Operating profit amounted to ¥752 million, up 9.6% year on year.」
Progress on large new-build and renovation projects and outsourced design and cost-estimation services in Vietnam resulted in higher revenue and profit in the air-conditioning equipment construction-related business. - FY2020-Q2AdvancedAnnual report
「Revenue amounted to ¥5,246 million, up 6.0% year on year, owing to steady progress on large new-build projects in the Tokyo metropolitan area and strong demand for outsourced design and cost-estimation services in Vietnam. Operating profit amounted to ¥479 million, up 7.5% year on year.」
Progress on large new-build projects and outsourced design and cost-estimation services in Vietnam resulted in higher revenue and profit, while construction operations and profitability improved. - FY2020-Q1AdvancedAnnual report
「Revenue amounted to ¥2,426 million, up 8.9% year on year, owing to steady progress on large new-build projects in the Tokyo metropolitan area and large office-building renovation projects in Hokuriku. Operating profit amounted to ¥214 million, up 0.4% year on year, owing to the strengthening of the personnel structure.」
Large new-build projects in the Tokyo metropolitan area and large renovation projects in Hokuriku progressed, resulting in higher revenue in the air-conditioning equipment construction-related business. Operating profit also exceeded the previous year’s corresponding period owing to the strengthening of the personnel structure. - FY2019-Q1AdvancedAnnual report
「Meanwhile, operating profit amounted to ¥213 million, up 48.0% year on year, owing to an increase in renovation projects in which the group could capitalize on its strengths.」
The increase in renovation projects lifted operating profit 48.0%, and profitability improved in construction execution and project operations. - FY2018-Q3RestatedAnnual report
「Revenue amounted to ¥7,422 million, up 13.7% year on year, owing to revenue recognition for large properties such as office buildings and hospitals in both the Tokyo metropolitan area and Hokuriku, as well as the completion of multiple large renovation projects. Operating profit amounted to ¥564 million, up 20.8% year on year.」
Revenue recognition for large properties and the completion of large renovation projects progressed, resulting in higher revenue and profit in the air-conditioning equipment construction-related business. - FY2017-Q3RestatedAnnual report
「Revenue amounted to ¥6,529 million, up 10.4% year on year, owing to steady progress on prime contractor and renovation projects in the Tokyo metropolitan area and Hokuriku, as well as the contribution from a large new-build project in Hokuriku. Operating profit amounted to ¥467 million, up 23.5% year on year.」
Higher revenue and profit continued, driven by progress on prime contractor and renovation projects and the contribution from a large new-build project in Hokuriku. - FY2017-Q2RestatedAnnual report
「Revenue amounted to ¥4,129 million, up 12.6% year on year, owing to steady progress on prime contractor and renovation projects in the Tokyo metropolitan area and Hokuriku, as well as the contribution from a large new-build project in Hokuriku. Operating profit amounted to ¥281 million, up 27.0% year on year.」
Progress on prime contractor and renovation projects, together with the contribution from a large new-build project, resulted in higher revenue and profit in the air-conditioning equipment construction-related business. - FY2017-Q1First statedAnnual report
「Completion and handover proceeded steadily in both the Tokyo metropolitan area and Hokuriku, owing to thorough construction and delivery schedule management for properties being delivered」
Completion and handover proceeded through strict construction and delivery schedule management, while the company also worked to improve margins. The operating loss remained, but the loss decreased from the previous year’s corresponding period.