Application of price escalation to labor costs and equipment and material prices
First written in FY2023-Q2. . Latest entry: FY2027-H1.
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- FY2027-H1The price escalation benefit fadedAnnual report
「As a result, total net sales in the road-related business amounted to ¥13,905 million, up 2.8% year on year, while segment profit amounted to ¥2,507 million, down 11.1%, due in part to the fading of the price escalation recognized in the same period of the previous year.」
The price escalation for raw material and other cost increases recognized in the same period of the previous year faded. While revenue in the road-related business increased, segment profit declined 11.1% year on year. - FY2026-H1Price escalation approvedAnnual report
「As a result, total net sales in the road-related business amounted to ¥13,522 million, down 1.9% year on year, while segment profit amounted to ¥2,821 million, up 8.9%, partly because price escalation for increases in raw material and other costs was approved.」
The filing states that price escalation for increases in raw material and other costs was approved, identifying it as one of the factors behind the 8.9% year-on-year increase in segment profit in the road-related business. - FY2023-Q3Design unit prices revisedAnnual report
「In addition, partly because the design unit prices for some contracted construction projects were revised, net sales amounted to ¥19,216 million, up 5.5% year on year, and segment profit amounted to ¥4,008 million, up 30.8%.」
The filing states that some design unit prices for contracted construction projects were revised as a price adjustment related to price escalation for labor costs and material and equipment prices, and that net sales and segment profit in the road-related business increased. - FY2023-Q2First statedAnnual report
「Price escalation was applied to labor costs and material and equipment prices, among other factors.」
In the road-related business, the filing states for the first time that the application of price escalation to labor costs and material and equipment prices was one of the factors contributing to increases in net sales and segment profit.