Decline in Government Construction Orders in the Civil Engineering and Waterworks Business
First written in FY2017-Q2. 5 of 32 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2020: 29 of 142 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Civil engineering, water and sewerage facilities, and related equipment construction and industrial plant construction all progressed, resulting in revenue of ¥1.672 billion, up ¥144 million, or 9.5%, and segment profit of ¥42 million, up ¥19 million, or 82.7%.」
The civil engineering, water and sewerage facilities, and related construction business posted higher revenue and profit as equipment construction and industrial plant construction progressed. - FY2026-H1Lower revenue and profit due to equipment construction progressing below planAnnual report
「Industrial plant construction remained solid, but progress on some equipment construction projects fell short of plan, resulting in revenue of ¥799 million, down ¥95 million, or 10.7%, and segment profit of ¥25 million, down ¥30 million, or 55.2%.」
In the civil engineering, water and sewerage facilities, and related construction business, industrial plant construction remained solid, but progress on some equipment construction projects fell short of plan, resulting in lower revenue and profit. - FY2025Lower profit despite higher revenue due to lower profitabilityAnnual report
「Civil engineering, water and sewerage facilities, and related equipment construction and industrial plant construction all progressed, resulting in revenue of ¥1.527 billion, up ¥171 million, or 12.6%. However, lower profitability brought segment profit to ¥23 million, down ¥17 million, or 42.9%.」
The civil engineering, water and sewerage facilities, and related construction business generated higher revenue, while segment profit declined 42.9% due to lower profitability. - FY2025-H1AdvancedAnnual report
「③ Civil engineering, water and sewerage facilities, and related construction business Civil engineering, water and sewerage facilities, equipment construction, and industrial plant construction all remained solid, resulting in revenue of ¥895 million, up ¥113 million, or 14.6%, and segment profit of ¥55 million, up ¥11 million, or 26.3%.」
The civil engineering, water and sewerage facilities, and related construction business posted higher revenue and profit as civil engineering, equipment, and industrial plant construction all remained solid. - FY2024WorsenedAnnual report
「Delays in both civil engineering, water and sewerage facilities, and related equipment construction and industrial plant construction resulted in revenue of ¥1.356 billion, down ¥170 million, or 11.2%, and segment profit of ¥40 million, down ¥32 million, or 44.2%.」
The civil engineering, water and sewerage facilities, and related construction business posted lower revenue and profit due to delays in equipment construction and industrial plant construction. - FY2024-Q3Lower profit due to marginal revenue growth and higher SG&A expensesAnnual report
「③ Civil engineering, water and sewerage facilities, and related construction business Revenue edged up 0.8% year on year to ¥1.058 billion, but segment profit fell to ¥49 million, down ¥8 million, or 14.0%, due to higher selling, general and administrative expenses.」
Revenue in the civil engineering, water and sewerage facilities, and related construction business increased 0.8%, while segment profit declined 14.0% due to higher selling, general and administrative expenses. - FY2024-Q2AdvancedAnnual report
「Civil engineering, water and sewerage facilities, and equipment construction remained solid, resulting in revenue of ¥781 million, up ¥108 million, or 16.2%, and segment profit of ¥44 million, up ¥4 million, or 10.2%.」
The civil engineering, water and sewerage facilities, and related construction business posted higher revenue and profit as civil engineering, water and sewerage facilities, and equipment construction remained solid. - FY2024-Q1Lower profit due to sluggish growth in industrial plant constructionAnnual report
「③ Civil engineering, water and sewerage facilities, and related construction business Civil engineering, water and sewerage facilities, and equipment construction remained solid, resulting in revenue of ¥500 million, up ¥126 million, or 33.7%. However, sluggish performance in industrial plant construction brought segment profit to ¥42 million, down ¥1 million, or 4.5%.」
Civil engineering, water and sewerage facilities, and equipment construction remained solid and generated higher revenue, while segment profit declined 4.5% year on year due to sluggish performance in industrial plant construction. - FY2023Lower profit due to delays in industrial plant construction progressAnnual report
「Civil engineering, water and sewerage facilities, and related construction remained solid, but delays in industrial plant construction projects meant that revenue was ¥1.526 billion, up ¥9 million, or 0.6%, while segment profit was ¥73 million, down ¥3 million, or 4.8%.」
Civil engineering, water and sewerage facilities, and related construction generated higher revenue on solid performance, while segment profit declined due to delays in industrial plant construction projects. - FY2023-Q3AdvancedAnnual report
「Revenue was ¥1.05 billion, down ¥11 million, or 1.1%, while segment profit was ¥57 million, up ¥16 million, or 39.4%, due to improved profitability in civil engineering, water and sewerage facilities, and industrial plant construction.」
Revenue declined 1.1% due to the impact of equipment construction and other factors, while segment profit increased 39.4% due to improved profitability in civil engineering, water and sewerage facilities, and industrial plant construction. - FY2023-Q2Lower revenue due to weak equipment construction and higher profit from improved profitabilityAnnual report
「Revenue was ¥672 million, down ¥90 million, or 11.8%, due to weak equipment construction. However, segment profit was ¥40 million, up ¥5 million, or 15.4%, due to improved profitability in civil engineering, water and sewerage facilities, and industrial plant construction.」
The civil engineering, water and sewerage facilities, and related construction business posted lower revenue due to weak equipment construction, while profit increased on improved profitability in civil engineering, water and sewerage facilities, and industrial plant construction. - FY2023-Q1Lower revenue and profit due to weak facilities constructionAnnual report
「Although civil engineering, water supply and sewerage facilities, and factory plant construction remained firm, weak facilities construction resulted in revenue of ¥374 million, down ¥115 million, or 23.6%, year on year, and segment profit of ¥44 million, down ¥10 million, or 19.8%.」
In the civil engineering, water and sewerage facilities, and related construction business, revenue and profit declined as weak equipment construction offset solid performance in civil engineering and industrial plant construction. - FY2022AdvancedAnnual report
「As civil engineering, water supply and other facilities projects and factory plant construction remained firm, revenue was ¥1,517 million, up ¥124 million, or 9.0%, year on year, and segment profit was ¥76 million, up ¥58 million, or 325.8%.」
The civil engineering, water supply and sewerage facilities, and related construction business generated higher revenue and profit as factory plant and other projects remained firm, with segment profit up 325.8%. - FY2022-Q3RestatedAnnual report
「As civil engineering and facilities projects progressed and profitability improved, revenue was ¥1,061 million, up ¥53 million, or 5.3%, year on year, and segment profit was ¥41 million, up ¥28 million, or 221.3%.」
In the civil engineering, water supply and sewerage facilities, and related construction business, the trend toward higher revenue and profit driven by project progress and improved profitability has been reaffirmed. - FY2022-Q1Higher revenue and profit due to project progress and improved profitabilityAnnual report
「As civil engineering and facilities projects progressed, revenue was ¥489 million, up ¥127 million, or 35.1%, year on year. Segment profit was ¥55 million, up ¥36 million, or 189.4%, partly due to improved profitability, including securing additional costs associated with design changes.」
In the civil engineering, water supply and sewerage facilities, and related construction business, project progress increased revenue, while improved profitability, including securing additional costs associated with design changes, lifted segment profit by 189.4%. - FY2021Lower revenue and profit due to suspended construction and delayed progressAnnual report
「Due to the impact of suspended construction and delayed progress on civil engineering, water supply and other facilities projects, revenue was ¥1,393 million, down ¥264 million, or 16.0%, year on year, and segment profit was ¥18 million, down ¥16 million, or 47.4%.」
Suspended construction and delayed progress affected full-year performance, resulting in year-on-year declines in revenue and segment profit. - FY2021-Q3Continued profit decline due to sluggish factory plant orders and completion of low-margin projectsAnnual report
「Due to sluggish orders for factory plant construction and the completion of low-margin projects, revenue was ¥1,008 million, down ¥170 million, or 14.4%, year on year, and segment profit was ¥12 million, down ¥18 million, or 59.5%.」
Orders for factory plant construction remained sluggish and low-margin projects continued to be completed, resulting in year-on-year declines in revenue and segment profit. The segment returned to profitability from the loss recorded in the previous quarter. - FY2021-Q2Losses due to weak factory plant construction and completion of low-margin projectsAnnual report
「Due to weak factory plant construction, revenue fell to ¥606 million, down ¥189 million, or 23.8%, year on year. Partly due to the completion of low-margin projects, the segment posted a loss of ¥5 million, a decline of ¥38 million in profit, or 117.4%.」
The civil engineering, water supply and sewerage facilities, and related construction business turned to a segment loss due to weak factory plant construction and the completion of low-margin projects. - FY2021-Q1Lower revenue and profit due to a downturn in factory plant construction and completion of low-margin large projectsAnnual report
「Revenue fell to ¥362 million, down ¥7 million, or 2.0%, year on year, due to a downturn in factory plant construction. Segment profit fell to ¥19 million, down ¥9 million, or 32.9%, due to the completion of low-margin large projects.」
In the civil engineering, water supply and sewerage facilities, and related construction business, the downturn in factory plant construction reduced revenue, while completion of low-margin large projects also reduced segment profit. - FY2020Higher revenue, but lower profit due to low margins on large projectsAnnual report
「As low-margin large projects progressed, revenue was ¥1,657 million, up ¥265 million, or 19.1%, year on year, but segment profit fell to ¥34 million, down ¥42 million, or 55.7%.」
In the civil engineering, water supply and sewerage facilities, and related construction business, large projects increased revenue as they progressed, but low-margin projects resulted in a significant decline in profit. - FY2020-Q3RestatedAnnual report
「As low-margin large construction projects progressed, revenue was ¥1,178 million, up ¥130 million, or 12.5%, year on year, but segment profit fell to ¥31 million, down ¥32 million, or 50.7%.」
In the civil engineering, water supply and sewerage facilities, and related construction business, large construction projects increased revenue as they progressed, but lower margins resulted in lower profit. - FY2020-Q2Higher revenue, but lower profit due to weak margins on large projects despite project progressAnnual report
「As construction progressed, revenue was ¥795 million, up ¥31 million, or 4.1%, year on year. However, segment profit fell to ¥32 million, down ¥29 million, or 47.0%, as margins on large projects remained weak.」
Construction progress increased revenue, but segment profit declined year on year due to weak margins on large projects. - FY2020-Q1Lower revenue and profit due to fewer government construction orders and delayed project progressAnnual report
「As government construction orders remained sluggish and project progress was delayed, revenue was ¥369 million, down ¥131 million, or 26.3%, year on year, and segment profit was ¥28 million, down ¥33 million, or 54.0%.」
In addition to sluggish government construction orders, project progress was delayed, resulting in year-on-year declines in revenue and segment profit. - FY2019-Q3Lower revenue, but higher profit from high-margin private-sector facilities constructionAnnual report
「Revenue edged down to ¥1,047 million, down ¥61 million, or 5.6%, year on year, but segment profit rose to ¥64 million, up ¥34 million, or 118.2%, as high-margin private-sector facilities construction increased.」
In the civil engineering, water supply and sewerage facilities, and related construction business, segment profit increased significantly as higher volumes of high-margin private-sector facilities construction offset lower revenue. - FY2019-Q2Higher revenue and profit due to increased private-sector facilities constructionAnnual report
「As private-sector facilities construction increased, revenue was ¥764 million, up ¥46 million, or 6.5%, year on year, and segment profit was ¥61 million, up ¥48 million, or 373.0%.」
In the civil engineering, water supply and sewerage facilities, and related construction business, higher private-sector facilities construction generated higher revenue and profit, separately from the previously reported sluggishness in government construction orders. - FY2018Lower revenue and a return to profitability due to sluggish government construction ordersAnnual report
「Revenue fell to ¥1,577 million, down ¥84 million, or 5.1%, year on year, as government construction orders remained sluggish. However, segment profit turned positive at ¥44 million, an increase of ¥75 million, as the one-off additional construction costs recognized at the end of the previous fiscal year were no longer incurred.」
Revenue declined as government construction orders remained sluggish, while the absence of the one-off additional construction costs incurred in the previous fiscal year brought a return to profitability. - FY2018-Q3Higher revenue and marginally higher profit despite sluggish government construction ordersAnnual report
「Because government construction orders remained sluggish, revenue rose to ¥1,109 million, up ¥58 million, or 5.5%, year on year, while segment profit edged up to ¥29 million, an increase of ¥3 million, or 12.6%.」
Government construction orders remained sluggish, but revenue increased and segment profit edged higher. Performance has changed from the lower revenue and profit seen through the previous quarter. - FY2018-Q2Lower revenue and profit due to fewer government construction ordersAnnual report
「Because orders for government construction declined, revenue was ¥718 million, down ¥17 million, or 2.4%, year on year, and segment profit was ¥13 million, down ¥8 million, or 40.2%.」
The civil engineering, water supply and sewerage facilities, and related construction business posted lower revenue and profit due to fewer government construction orders. - FY2018-Q1Lower revenue, but higher profit from additional contractsAnnual report
「③ Civil engineering, water supply and sewerage facilities, and related construction business: Revenue edged down to ¥503 million, down ¥16 million, or 3.2%, year on year, but segment profit rose to ¥57 million, up ¥30 million, or 112.2%, due to increased construction profit from additional contracts.」
Revenue edged down, but segment profit increased significantly due to higher construction profit from additional contracts. - FY2017WorsenedAnnual report
「Revenue in the civil engineering, water supply and sewerage facilities, and related construction business was ¥1,661 million, down ¥38 million, or 2.2%, year on year. Segment profit was a loss of ¥30 million, as additional construction costs were recognized on a subsidiary's project, a decline of ¥81 million in profit year on year.」
In addition to the continuing decline in government construction orders, full-year revenue decreased and segment profit turned to a loss. - FY2017-Q3RestatedAnnual report
「Because orders for government construction declined, revenue was ¥1,051 million, down ¥134 million, or 11.3%, year on year, and segment profit was ¥26 million, down ¥9 million, or 26.7%.」
The decline in government construction orders and the resulting decreases in revenue and segment profit have continued. - FY2017-Q2First statedAnnual report
「Because orders for government construction declined, revenue was ¥735 million, down ¥115 million, or 13.5%, year on year, and segment profit was ¥21 million, down ¥14 million, or 40.5%.」
In the civil engineering, water supply and sewerage facilities, and related construction business, revenue and segment profit have declined year on year due to fewer government construction orders.