Maintaining a gross profit margin of 19.4% despite lower revenue
First written in FY2020-Q1. 11 of 28 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1Slight decline in gross profit margin to 20.0%Annual report
「Gross profit declined to ¥9.680 billion, down 15.7% year on year, in line with the decline in revenue. The gross profit margin remained broadly at the same level as in the previous period, at 20.0% compared with 20.5%, due in part to order-taking activities focused on profitability amid favorable market conditions.」
Gross profit declined 15.7% year on year in line with the decrease in revenue. Order-taking activities focused on profitability maintained the gross profit margin at 20.0%, although it was slightly below 20.5% in the same period of the previous year. - 2026-06-12AdvancedEarnings presentation materials
「Even amid continued increases in construction costs, we are continuing to improve profitability through order-taking activities focused on profitability and thorough project management.」
The first-quarter gross profit margin was 20.6%, and the Company continued order-taking activities focused on profitability and thorough project management amid rising construction costs. - FY2026AdvancedAnnual report
「Gross profit rose to ¥21.407 billion, up 25.5% year on year, as the gross profit margin exceeded that of the previous fiscal year, reaching 20.0%, compared with 18.6%, following order-taking activities focused on profitability amid favorable market conditions. Projects related to Expo 2025 Osaka, Kansai and inbound tourism also contributed to improved profitability.」
In addition to order-taking activities focused on profitability, projects related to Expo 2025 Osaka, Kansai and inbound tourism contributed, lifting the gross profit margin from 18.6% to 20.0%. - 2026-03-17AdvancedEarnings presentation materials
「Against a favorable market backdrop, the Company focused on orders with an emphasis on profitability, and the gross profit margin remained solid at 20.0%.」
The gross profit margin rose from 18.6% in the previous fiscal year to 20.0%, reflecting the results of order-taking activities focused on profitability. - FY2026-H1AdvancedAnnual report
「Gross profit rose to ¥11.485 billion, up 54.8% year on year, in line with the increase in revenue. The gross profit margin also exceeded that of the same period of the previous year, reaching 20.5%, compared with 18.1%, due in part to order-taking activities focused on profitability amid favorable market conditions.」
Order-taking activities focused on profitability lifted the gross profit margin from 18.1% in the same period of the previous year to 20.5%, while gross profit also increased 54.8%. - FY2025AdvancedAnnual report
「Gross profit rose to ¥17.064 billion, up 17.5% year on year, as the gross profit margin reached 18.6%, compared with 17.9% in the previous fiscal year, following order-taking activities focused on profitability against a backdrop of strong demand.」
Order-taking activities focused on profitability lifted the gross profit margin from 17.9% to 18.6%, while gross profit also increased 17.5%. - FY2025-H1AdvancedAnnual report
「Gross profit rose to ¥7.418 billion, up 13.7% year on year, in line with the increase in revenue. The gross profit margin also exceeded that of the same period of the previous year, reaching 18.1%, compared with 16.8%, due in part to order-taking activities focused on profitability amid favorable market conditions.」
Order-taking activities focused on profitability improved the gross profit margin from 16.8% in the same period of the previous year to 18.1%, while gross profit also increased 13.7%. - FY2025-Q1AdvancedAnnual report
「Gross profit rose to ¥4.270 billion, up 27.4% year on year, in line with the increase in revenue. The gross profit margin also exceeded that of the same quarter of the previous year, reaching 18.8%, compared with 17.0%, due in part to order-taking activities focused on profitability amid favorable market conditions.」
Order-taking activities focused on profitability lifted the gross profit margin from 17.0% in the same period of the previous year to 18.8%, while gross profit also increased 27.4%. - FY2024MitigatedAnnual report
「Gross profit rose to ¥14.522 billion, up 35.6% year on year, as the gross profit margin reached 17.9%, compared with 16.7% in the previous fiscal year, due in part to an increase in high-margin projects, particularly in the fourth quarter, amid recovering demand.」
The gross profit margin, which had fallen to 16.7% due to price competition and soaring material costs, rose to 17.9%, while gross profit also increased 35.6%. - FY2024-Q3WorsenedAnnual report
「Gross profit rose to ¥9.669 billion, up 23.6% year on year, in line with the increase in revenue. However, improvement in the gross profit margin is still taking time, and the margin was 16.6%, compared with 16.7% in the same quarter of the previous year.」
Gross profit increased 23.6% due to higher revenue, while the gross profit margin fell from 16.7% in the same period of the previous year to 16.6%, with improvement still expected to take time. - FY2024-Q2WorsenedAnnual report
「Gross profit rose to ¥6.522 billion, up 21.3% year on year, in line with the increase in revenue. However, the gross profit margin fell slightly below that of the same quarter of the previous year to 16.8%, compared with 17.0%, due to continued challenging order-taking conditions and the impact of soaring energy and material costs, among other factors.」
Gross profit increased, but the gross profit margin fell from 17.0% to 16.8% due to challenging order-taking conditions and soaring energy and material costs. - FY2024-Q1WorsenedAnnual report
「Gross profit rose to ¥3.352 billion, up 4.5% year on year, in line with the increase in revenue. However, amid continued challenging order-taking conditions, the gross profit margin fell below that of the same quarter of the previous year to 17.0%, compared with 18.3%, due to an increase in low-margin projects and the impact of soaring energy and material costs, among other factors.」
Gross profit increased 4.5% due to higher revenue, but the gross profit margin fell from 18.3% in the same period of the previous year to 17.0% due to an increase in low-margin projects and soaring energy and material costs. - FY2023WorsenedAnnual report
「Gross profit declined to ¥10.710 billion, down 7.5% year on year, as the gross profit margin fell to 16.7%, compared with 18.5% in the previous fiscal year, due in part to an increase in low-margin projects resulting from intensified price competition and the impact of soaring energy and material costs.」
Price competition and soaring energy and material costs caused the gross profit margin to fall from 18.5% to 16.7%, while gross profit also declined 7.5%. - FY2023-Q3WorsenedAnnual report
「Although revenue increased, gross profit declined slightly to ¥7.825 billion, down 0.6% year on year, because the gross profit margin fell to 16.7%, compared with 18.5% in the same quarter of the previous year, due to intensified price competition.」
Despite the increase in revenue, intensified price competition caused the gross profit margin to fall from 18.5% to 16.7%, and gross profit declined 0.6% year on year. - FY2023-Q2WorsenedAnnual report
「Gross profit rose to ¥5.375 billion, up 16.0% year on year, in line with the increase in revenue. However, the gross profit margin fell slightly below that of the same quarter of the previous year to 17.0%, compared with 17.3%, because projects secured when market conditions had deteriorated due to the COVID-19 pandemic were recognized as revenue, among other factors.」
Gross profit increased 16.0%, but the gross profit margin fell from 17.3% in the same period of the previous year to 17.0% due to the recognition of projects secured during the deterioration in market conditions, among other factors. - FY2023-Q1WorsenedAnnual report
「Gross profit rose to ¥3.057 billion, up 3.0% year on year, in line with the increase in revenue. However, the gross profit margin fell below that of the same quarter of the previous year to 17.6%, compared with 18.6%, because projects secured when economic activity was restricted and market conditions had deteriorated due to the COVID-19 pandemic were recognized as revenue.」
Revenue and gross profit increased, but the gross profit margin fell from 18.6% to 17.6% as projects secured during the deterioration in market conditions were recognized as revenue. - FY2022WorsenedAnnual report
「Gross profit declined to ¥11.582 billion, down 18.1% year on year, due in part to the gross profit margin falling to 18.5%, compared with 20.4% in the previous fiscal year.」
Order-taking focused on profitability had lifted the gross profit margin to a record 20.4%, but it fell to 18.5%, while gross profit also declined 18.1%. - FY2022-Q3Gross profit margin improved quarter on quarter but declined year on yearAnnual report
「Gross profit declined to ¥7.872 billion, down 29.5% year on year, due to a substantial decline in revenue and an increase in low-margin projects compared with the same quarter of the previous year, among other factors. The gross profit margin consequently fell to 18.5%, compared with 20.7% in the same quarter of the previous year.」
The gross profit margin fell from 20.7% in the same period of the previous year to 18.5%, while improving from 17.3% in the previous quarter's cumulative period. Gross profit declined 29.5% year on year due to an increase in low-margin projects. - FY2022-Q2WorsenedAnnual report
「Gross profit declined to ¥4.636 billion, down 40.4% year on year, due to lower revenue and an increase in low-margin projects compared with the same quarter of the previous year, among other factors. The gross profit margin consequently fell to 17.3%, compared with 21.2% in the same quarter of the previous year.」
The gross profit margin fell from 18.6% in the previous quarter to 17.3%, and also declined from 21.2% year on year. Gross profit declined 40.4%. - FY2022-Q1WorsenedAnnual report
「Gross profit declined to ¥2.968 billion, down 29.5% year on year, due to lower revenue and an increase in low-margin projects, among other factors. The gross profit margin consequently fell to 18.6%, compared with 20.8% in the same quarter of the previous year.」
The gross profit margin was 20.8% in the previous period due to orders focused on profitability, but fell to 18.6% in the first quarter under review due to an increase in low-margin projects, among other factors. Gross profit also declined 29.5%. - FY2021AdvancedAnnual report
「The gross profit margin reached a record high of 20.4%, compared with 18.9% in the previous fiscal year, as a result of the completion of many projects secured with an emphasis on profitability under market conditions prevailing before the COVID-19 pandemic.」
Against a backdrop of order-taking activities focused on profitability, the gross profit margin rose from 18.9% to a record high of 20.4%. - FY2021-Q3AdvancedAnnual report
「As a result of pursuing business activities with an emphasis on profitability, the gross profit margin reached 20.7%, compared with 18.9% in the same quarter of the previous year. However, gross profit declined to ¥11.162 billion, down 2.0% year on year, in line with the decline in revenue.」
Despite revenue declining 10.4% year on year, business activities focused on profitability improved the gross profit margin from 18.9% in the same period of the previous year to 20.7%. Gross profit nevertheless declined 2.0%. - FY2021-Q2AdvancedAnnual report
「As a result of pursuing business activities with an emphasis on profitability, the gross profit margin reached 21.2%, compared with 19.1% in the same quarter of the previous year, among other factors. Gross profit consequently rose to ¥7.782 billion, up 10.8% year on year.」
The gross profit margin rose further from 20.8% in the first quarter to 21.2%, and also improved from 19.1% in the same period of the previous year. Gross profit increased 10.8% year on year. - FY2021-Q1AdvancedAnnual report
「As a result of pursuing business activities with an emphasis on profitability, the gross profit margin reached 20.8%, compared with 19.4% in the same quarter of the previous year, among other factors. Gross profit consequently rose to ¥4.210 billion, up 0.4% year on year.」
Despite lower revenue, the gross profit margin rose from 19.4% in the same period of the previous year to 20.8%, and gross profit increased 0.4% year on year. - FY2020RestatedAnnual report
「As a result of pursuing business activities with an emphasis on profitability, profitability improved and the gross profit margin reached 18.9%, compared with 17.1% in the previous fiscal year, among other factors. Gross profit consequently rose to ¥15.406 billion, up 8.8% year on year.」
Business activities focused on profitability improved the gross profit margin from 17.1% to 18.9%, while gross profit also increased 8.8%. - FY2020-Q3Continued improvement in gross profit margin to 18.9%Annual report
「As a result of pursuing orders with an emphasis on profitability, profitability improved and the gross profit margin reached 18.9%, compared with 16.5% in the same quarter of the previous year, among other factors. Gross profit consequently rose to ¥11.388 billion, up 13.3% year on year.」
While revenue declined 0.9% year on year, order-taking activities focused on profitability increased gross profit by 13.3% and improved the gross profit margin from 16.5% in the same period of the previous year to 18.9%. - FY2020-Q2Continued improvement in gross profit margin to 19.1%Annual report
「As a result of pursuing orders with an emphasis on profitability, profitability improved and the gross profit margin reached 19.1%, compared with 17.6% in the same quarter of the previous year. However, gross profit declined to ¥7.021 billion, down 2.8% year on year, in line with the decline in revenue.」
Gross profit declined 2.8% year on year due to lower revenue, while order-taking activities focused on profitability improved the gross profit margin from 17.6% in the same period of the previous year to 19.1%. - FY2020-Q1First statedAnnual report
「Gross profit declined to ¥4.193 billion, down 9.6% year on year, in line with the decline in revenue. However, profitability was maintained, resulting in a gross profit margin of 19.4%, compared with 19.2% in the same quarter of the previous year.」
Gross profit declined 9.6% year on year due to lower revenue, while the gross profit margin rose from 19.2% in the same period of the previous year to 19.4%, indicating that profitability was maintained.