Risk of additional losses due to differences between accounting estimates and actual results
First written in FY2017. 2 of 9 entries say "Restated". Latest entry: FY2026.
Tanseisha moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 5 of 22 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Revenue recognized over time 86,247 100,493 Provision for losses on construction contracts 284 241」
The provision for losses on construction contracts decreased from ¥284 million in the previous fiscal year to ¥241 million, indicating a numerical reduction in the estimated losses related to significant accounting estimates. - 2026-03-17MitigatedRevision of earnings forecasts
「Provision for losses on construction contracts 284 241」
The provision for losses on construction contracts declined from ¥284 million at the end of the previous fiscal year to ¥241 million. - FY2025WorsenedAnnual report
「Revenue recognized over time 75,537,553 86,247,476 Provision for losses on construction contracts 210,278 284,174」
The provision for losses on construction contracts increased from ¥210.278 million in the previous fiscal year to ¥284.174 million, indicating a numerical increase in the risks associated with uncertainty in estimates of construction costs, subcontracting costs and material prices. - FY2024WorsenedAnnual report
「Revenue recognized over time 57,101,988 74,294,978 Provision for losses on construction contracts 147,784 210,278」
The provision for losses on construction contracts increased from ¥147.78 million in the previous fiscal year to ¥210.278 million in the current fiscal year, indicating a numerical increase in the risks associated with uncertainty in estimates of construction costs, subcontracting costs and material prices. - FY2023Decrease in Provision for Losses on Construction ContractsAnnual report
「Amounts recognized in the consolidated financial statements for the fiscal year Revenue recognized over time 57,101,988 Provision for losses on construction contracts 147,784」
As significant accounting estimates, the company disclosed revenue recognized over time of ¥5,710.1988 billion and a provision for losses on construction contracts of ¥147.784 million. The provision for losses on construction contracts decreased from ¥378.97 million in the previous fiscal year. - FY2022Specification of material estimatesAnnual report
「Amount recorded in the consolidated financial statements for the current consolidated fiscal year Provision for loss on construction contracts 378,979」
Following the application of the accounting standard on disclosures about accounting estimates, the Company specifically disclosed the ¥378.979 million provision for loss on construction contracts as a material estimate. - FY2020RestatedAnnual report
「Actual results may differ from these estimates because estimates inherently involve uncertainty.」
The possibility that differences between accounting estimates and actual results may affect assets and liabilities, revenue and expenses continues to be disclosed. - FY2018RestatedAnnual report
「Actual results may differ from these estimates because estimates inherently involve uncertainty.」
The possibility that differences between accounting estimates and actual results may affect assets and liabilities, revenue and expenses continues to be disclosed. - FY2017First statedAnnual report
「Actual results may differ from these estimates because estimates inherently involve uncertainty.」
The Company explains that differences between estimates and actual results relating to the allowance for doubtful accounts, provision for completed construction warranties, provision for loss on construction contracts, impairment of investments, retirement benefit expenses and other items may affect assets and liabilities, revenue and expenses.