Decline in Profit in the General Contracting Construction Business
First written in FY2016-Q3. 11 of 31 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-10-13.
Avantia moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
The whole theme swung hardest in 2018: 3 of 13 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「The contracting business is operated by the two consolidated subsidiaries, J-Techno Co., Ltd. and 宇戸平工務店, which operate in their respective regions as long-established construction companies, leveraging their strong technical capabilities and extensive construction track records to undertake building, civil engineering and other work.」
The contracting business continues to operate through two companies, but during the interim period reported revenue of ¥3,037 million, down 10.1% year on year, and an operating loss of ¥6 million, deteriorating from operating profit of ¥100 million in the prior-year period. - FY2025-H1AdvancedAnnual report
「During the interim consolidated accounting period, orders were secured and construction progressed generally at the level of the initial plan. Revenue was ¥3,379 million, up 33.8% year on year, while operating profit was ¥100 million, up 28.9%.」
The general contracting business reported higher revenue and profit as orders and construction progressed at the level of the initial plan. - FY2024-Q3WorsenedAnnual report
「During the third quarter, orders and project completions generally progressed at planned levels, mainly in private-sector construction. Revenue was ¥3,584 million, down 12.5% year on year, while operating profit was ¥111 million, down 35.5%.」
Orders and project completions generally progressed at planned levels, while revenue fell 12.5% and operating profit fell 35.5%. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, the company struggled to secure orders in some regions, but orders and project completions overall continued to progress at planned levels. Revenue was ¥2,525 million, down 1.4% year on year, while operating profit was ¥77 million, down 42.9%.」
Although difficulties securing orders in some regions resulted in lower revenue and profit, orders and project completions overall continued to progress at planned levels. - FY2024-Q1Lower revenue and profit, while orders and project completions remained steadyAnnual report
「During the period, the company worked to secure orders, mainly for private-sector construction, while also actively entering the public-sector construction market. Although it struggled to secure orders in some regions as a result, orders and project completions progressed steadily overall.」
The company explained that orders and project completions remained generally steady after actively entering the public-sector construction market in addition to private-sector construction, while first-quarter revenue fell 12.3% year on year and operating profit declined 3.9%. - FY2023AdvancedAnnual report
「While working to secure orders, mainly for private-sector construction, the company also actively entered the public-sector construction market. Although it struggled to secure orders in some regions as a result, orders and project completions progressed steadily overall.」
The company actively entered the public-sector construction market in addition to private-sector construction, resulting in full-year revenue of ¥5,761 million and operating profit of ¥331 million, with increases in both revenue and profit. - FY2023-Q2Lower revenue, marginal increase in operating profitAnnual report
「In the general contracting business, operations progressed generally as planned. Revenue was ¥2,561 million, down 5.8% year on year, while operating profit was ¥136 million, up 0.8%.」
The general contracting business progressed generally as planned, but revenue declined and operating profit increased only slightly year on year. - FY2023-Q1Revenue Up, Profit DownAnnual report
「Revenue for the cumulative first quarter was ¥1,221 million, up 2.1% year on year, while operating profit was ¥48 million, down 3.9%.」
The general contracting business reported higher revenue, while operating profit fell below the prior-year level. - FY2022-Q3Higher revenue and profitsAnnual report
「In the general contracting business, the company secured new orders while steadily progressing existing projects. Revenue was ¥3,608 million, up 30.4% year on year, while operating profit was ¥146 million, compared with operating profit of ¥9 million in the prior-year period.」
Revenue and operating profit both exceeded the prior-year levels, driven by new orders and progress on existing projects. - FY2022-Q1Revenue growth and return to operating profitabilityAnnual report
「Revenue for the cumulative first quarter was ¥1,195 million, up 54.9% year on year, while operating profit was ¥50 million, compared with an operating loss of ¥18 million in the prior-year period.」
The general contracting business reported higher revenue and swung from an operating loss in the prior-year period to operating profit of ¥50 million. - FY2021-Q3WorsenedAnnual report
「Revenue for the cumulative third quarter was ¥2,766 million, down 34.4% year on year, while operating profit was ¥9 million, down 90.0%.」
The general contracting business reported lower revenue, and operating profit fell to 90.0% below the prior-year level. - FY2021-Q2WorsenedAnnual report
「Revenue for the cumulative second quarter was ¥1,774 million, down 42.5% year on year, while operating profit was ¥10 million, down 85.7%.」
The general contracting business reported lower revenue, and operating profit also fell sharply year on year. - FY2021-Q1WorsenedAnnual report
「Revenue for the cumulative first quarter was ¥771 million, down 36.3% year on year, while the company posted an operating loss of ¥18 million, compared with operating profit of ¥1 million in the prior-year period.」
The general contracting business reported lower revenue and swung from operating profit in the prior-year period to an operating loss. - FY2020WorsenedAnnual report
「Revenue for the fiscal year was ¥5,481 million, down 3.1% year on year, while operating profit was ¥97 million, down 59.0%.」
The general contracting business reported lower revenue, and operating profit also fell 59.0% year on year. - FY2020-Q3Continued revenue growth and profit declineAnnual report
「Revenue for the cumulative third quarter was ¥4,219 million, up 1.6% year on year, while operating profit was ¥98 million, down 24.1%.」
The general contracting business reported higher revenue, while operating profit fell below the prior-year level. - FY2020-Q2WorsenedAnnual report
「Revenue for the cumulative second quarter was ¥3,087 million, up 4.2% year on year, while operating profit was ¥74 million, down 35.2%.」
The general contracting business reported higher revenue, while operating profit fell 35.2% year on year. - FY2020-Q1WorsenedAnnual report
「Revenue for the cumulative first quarter was ¥1,211 million, down 16.4% year on year, while operating profit was ¥1 million, down 95.4%.」
The general contracting business reported lower revenue, and operating profit fell to 95.4% below the prior-year level. - FY2019Revenue Decline, Profit GrowthAnnual report
「As orders generally progressed as planned, mainly for private-sector construction, and profit margins improved, revenue was ¥5,658 million, down 8.5% year on year, while operating profit was ¥237 million, up 33.6%.」
The general contracting business reported lower revenue, but operating profit increased as orders progressed and profit margins improved. - FY2019-Q3Lower revenue, with broadly unchanged profitAnnual report
「During the cumulative third quarter, orders generally progressed as planned, mainly for private-sector construction, and profit margins improved. As a result, revenue was ¥4,151 million, down 10.2% year on year, while operating profit was ¥129 million, down 0.2%.」
The general contracting business reported lower revenue, but operating profit was maintained at approximately the prior-year level as orders progressed and profit margins improved. - FY2019-Q2Declining revenue and higher profitAnnual report
「Orders were generally secured as planned, mainly for private-sector construction. As construction progressed, disaster recovery work arising from typhoons and heavy rains in the Kansai region last year generated special demand, supporting profit generation. As a result, revenue for the cumulative second quarter was ¥2,963 million, down 12.2% year on year, while operating profit was ¥114 million, up 8.9%.」
Revenue declined, but operating profit increased, driven by special demand for disaster recovery work and other factors. - FY2019-Q1WorsenedAnnual report
「The general contracting business, conducted by a consolidated subsidiary undertaking contracts for building, civil engineering and plumbing works, reported revenue of ¥1.448 billion for the three-month period, down 10.8% year on year, and operating profit of ¥23 million, down 69.3%.」
The general contracting business reported lower revenue, and operating profit also fell sharply year on year. - FY2018Full-year revenue and profit growthAnnual report
「Revenue for the fiscal year was ¥6.18 billion, up 6.7% year on year, and operating profit was ¥178 million, up 21.8%.」
The general contracting business posted higher full-year revenue, and operating profit also exceeded the previous year. - FY2018-Q3Higher revenue and profitsAnnual report
「The general contracting business, conducted by a consolidated subsidiary undertaking contracts for building, civil engineering and plumbing works, reported revenue of ¥4.623 billion for the nine-month period, up 17.4% year on year, and operating profit of ¥129 million, up 61.4%.」
The general contracting business posted higher revenue year on year, and operating profit also increased. - FY2018-Q2Higher revenue and profitsAnnual report
「The general contracting business, conducted by a consolidated subsidiary undertaking contracts for building, civil engineering and plumbing works, reported revenue of ¥3.376 billion for the six-month period, up 21.4% year on year, and operating profit of ¥105 million, up 21.9%.」
The general contracting business posted higher revenue year on year, and operating profit also increased. - FY2018-Q1Higher revenue and profitsAnnual report
「Revenue for the three-month period was ¥1.623 billion, up 43.5% year on year, and operating profit was ¥76 million, up 272.8%.」
The general contracting business posted higher revenue year on year, and operating profit also increased substantially. - FY2017-Q3Higher revenue and profitsAnnual report
「Revenue for the nine-month period was ¥3.937 billion, up 3.1% year on year, and operating profit was ¥80 million, up 223.0%.」
The general contracting business posted higher revenue, and operating profit also increased substantially year on year. - FY2017-Q2Higher revenue and profitsAnnual report
「The general contracting business, conducted by a consolidated subsidiary undertaking contracts for building, civil engineering and plumbing works, reported revenue of ¥2.781 billion for the six-month period, up 6.5% year on year, and operating profit of ¥86 million, compared with operating profit of ¥5 million in the same period of the previous year.」
The general contracting business posted higher revenue, and operating profit increased from ¥5 million in the same period of the previous year to ¥86 million. - FY2017-Q1Achieving operating profitabilityAnnual report
「The general contracting business, conducted by a consolidated subsidiary undertaking contracts for building, civil engineering and plumbing works, reported revenue of ¥1.131 billion for the three-month period, down 0.1% year on year, and operating profit of ¥20 million, compared with an operating loss of ¥7 million in the same period of the previous year.」
Revenue was broadly in line with the same period of the previous year, while the business moved from an operating loss to operating profit of ¥20 million. - FY2016-Q3First statedAnnual report
「The general contracting business, conducted by a consolidated subsidiary undertaking contracts for building, civil engineering and plumbing works, reported revenue of ¥3.817 billion for the nine-month period, up 0.5% year on year, and operating profit of ¥24 million, down 82.5%.」
Revenue was largely unchanged from the same period of the previous year, but operating profit declined substantially.