Komori
Makoto Construction CO,Ltd (8995) · TargetThe target gross profit margin on revenue continues to be missed

Maintain a gross profit margin of at least 15% of revenue

First written in FY2018. 5 of 9 entries say "Achieved", first in FY2018. Latest entry: FY2026.

9entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAchievedFY2018 – FY2019AchievedFY2021 – FY2023OtherFY2024 – FY20262018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Real Estate Sales Gross Margin TargetA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Other".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026The target gross profit margin on revenue continues to be missedAnnual report

    「Gross margin for the fiscal year was 14.1%, falling short of the target of at least 15% under the “management indicators to be targeted.” During the fiscal year, sales of low-margin properties in the spec-built housing business lowered the margin. Going forward, the company will focus on acquiring high-quality land and work to achieve a gross margin of 15%.」

    Gross margin edged up from 14.0% in the previous period to 14.1%, but the target of at least 15% remained unmet. The company says it will focus on acquiring high-quality land and aims to achieve the target.
  2. FY2025The gross profit margin on revenue target was missedAnnual report

    「Gross margin for the fiscal year was 14.0%, falling short of the target of at least 15% under the “management indicators to be targeted.”」

    The result was 14.0% against the target of at least 15%, down from 17.6% in the previous period and again below target. The company says it will focus on acquiring high-quality land and aims to achieve 15%.
  3. FY2024RestatedAnnual report

    「Gross margin for the fiscal year was 17.6%, achieving the target of at least 15% under the “management indicators to be targeted.”」

    The company maintained its target of a gross margin of at least 15%, with the current-period result at 17.6%, thereby continuing to meet the target. This was down from 19.0% in the previous period.
  4. FY2023AchievedAnnual report

    「The Group's management objectives are to strengthen its financial position and improve profitability, and its target is to maintain a gross profit margin on revenue of at least 15%. The gross profit margin on revenue was 19.0% in the current consolidated fiscal year.」

    Against the target gross profit margin on revenue of at least 15%, the company achieved 19.0% in the current consolidated fiscal year, continuing to meet the target.
  5. FY2022AchievedAnnual report

    「The gross profit margin on revenue was 17.7% in the current consolidated fiscal year, achieving the target management metric of at least 15%.」

    Against the target gross profit margin on revenue of at least 15%, the current consolidated fiscal year achieved 17.7%, continuing to meet the target.
  6. FY2021AchievedAnnual report

    「The gross profit margin on revenue was 16.6% in the current consolidated fiscal year, achieving the target management metric of at least 15%.」

    Against the target gross profit margin on revenue of at least 15%, the current consolidated fiscal year achieved 16.6%, returning to target achievement from 14.8% in the previous fiscal year. The company explained that sales of properties with high profit margins were the factor driving the improvement.
  7. FY2020The gross profit margin on revenue target was missedAnnual report

    「The gross profit margin on revenue was 14.8% in the current consolidated fiscal year, narrowly missing the target management metric of at least 15%. Going forward, the company will focus on acquiring high-quality land and work toward achieving a gross profit margin on revenue of 15%.」

    Against the target of at least 15%, the actual gross profit margin on revenue was 14.8%, resulting in the target being missed. The company says it will focus on acquiring high-quality land and aims to achieve 15%.
  8. FY2019AchievedAnnual report

    「The Group's management objectives are to strengthen its financial position and improve profitability, and its target is to maintain a gross profit margin on revenue of at least 15%. The gross profit margin on revenue was 16.9% in the current consolidated fiscal year.」

    Against the target gross profit margin on revenue of at least 15%, the company achieved 16.9% in the current consolidated fiscal year.
  9. FY2018AchievedAnnual report

    「The Group's management objectives are to strengthen its financial position and improve profitability, and its target is to maintain a gross profit margin on revenue of at least 15%. The gross profit margin on revenue was 18.1% in the current consolidated fiscal year.」

    The company states that it has set a gross profit margin on revenue of at least 15% as its target and achieved 18.1% in the current consolidated fiscal year.
Moved together

"Improving Profitability Despite Lower Revenue" moved the same way as this thread, in the same document, in 3 of its 9 moves.

33222★12345
  1. ★This thread
  2. 1Improving Profitability Despite Lower Revenue3×
  3. 2Operating cash flow worsened as trade receivables and inventories increased3×
  4. 3Reliance on Interest-Bearing Debt2×
  5. 4Expand the contract-built housing business into a second core business alongside the spec-built housing business2×
  6. 5Diversifying Funding Sources and Strengthening Equity2×

★ 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.

When this could move next
Makoto Construction CO,Ltd's next results are scheduled for 2026-11-13. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.