Profitability Risks in Projects with Partial Development Cost Sharing
First written in FY2016. 5 of 11 entries say "Mitigated", first in FY2018. Latest entry: FY2024.
57 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「Provision for losses on orders 15,836 174」
The balance of the provision for losses on orders fell substantially from ¥15.836 million at the end of the previous fiscal year to ¥174 thousand, reducing the quantitative impact of profitability risk in projects involving partial funding of development costs. - FY2023-Q3MitigatedAnnual report
「Provision for losses on orders 67,287 69,344」
The balance of the provision for losses on orders increased from the end of the previous fiscal year but decreased from the balance disclosed in the immediately preceding quarter, indicating that the quantitative impact of profitability risk in projects involving partial funding of development costs had narrowed relative to that earlier point in time. - FY2023-Q2WorsenedAnnual report
「Increase in provision for losses on orders ¥46 million」
An increase of ¥46 million in the provision for losses on orders was recorded, bringing the ending balance to ¥114.146 million. The balance increased from ¥67.287 million at the end of the previous consolidated fiscal year, indicating that profitability risk in projects involving partial funding of development costs had expanded. - FY2022WorsenedAnnual report
「The provision for losses on orders included in cost of sales was as follows: …Current consolidated fiscal year ¥67.236 million」
A provision for losses on orders of ¥67.236 million and an ending balance of ¥67.287 million were recorded. The figures changed substantially from the ¥8.910 million reversal in the previous fiscal year, indicating that the impact of profitability risk had expanded. - FY2022-Q3MaterialisedAnnual report
「Provision for losses on orders － 65,141」
A provision for losses on orders of ¥65.141 million, which had not been recorded at the end of the previous consolidated fiscal year, was recorded at the end of the third quarter of the current consolidated fiscal year, indicating that the profitability risk in projects involving partial funding of development costs had materialized quantitatively. - FY2021MitigatedAnnual report
「The provision for losses on orders included in cost of sales was as follows: …Current consolidated fiscal year △¥8.910 million」
The provision for losses on orders was reversed by ¥8.910 million, reducing the quantitative impact of profitability risk from the ¥1.306 million provision recorded in the previous fiscal year. - FY2020MitigatedAnnual report
「The provision for losses on orders included in cost of sales was as follows: …Current consolidated fiscal year ¥1.306 million」
The provision for losses on orders was ¥1.306 million, down from ¥7.685 million in the previous consolidated fiscal year. However, new provisions have not disappeared entirely. - FY2019-Q1MaterialisedAnnual report
「Change in provision for losses on orders (△ indicates a decrease) 6,607」
An increase of ¥6.607 million in the provision for losses on orders was recorded in the statement of cash flows for the six months ended the second quarter of the current consolidated fiscal year, indicating that profitability risk had re-emerged quantitatively after no new provision was recorded in the previous period. - FY2018MitigatedAnnual report
「The provision expense for losses on construction contracts included in cost of sales was as follows.」
The provision for losses on orders recognized during the current consolidated fiscal year was ¥0, with no new provision recorded from the ¥18.911 million recognized in the previous fiscal year. - FY2017-Q1MaterialisedAnnual report
「Provision for losses on orders 26,487」
The provision for losses on orders at the end of the quarter was ¥26.487 million, up from ¥18.911 million at the end of the previous consolidated fiscal year. - FY2016First statedAnnual report
「Recognition of a provision for losses on orders after securing projects involving partial funding of development costs」
For projects in which the company bears part of the development costs and recovers them through royalties based on unit sales, a provision for losses on orders of ¥18.911 million was recorded during the current period.