Unprofitable Project Risk
First written in FY2016. 15 of 31 entries say "Mitigated", first in FY2017-Q1. Latest entry: 2026-07-31.
The whole theme swung hardest in 2024: 17 of 54 companies on the "Worse" side.
23 other companies' latest entry also says "Mitigated".
- 2026-07-31MitigatedEarnings
「Provision for loss on orders 58 39」
The provision for loss on orders declined from ¥58 million at the previous fiscal year-end to ¥39 million at the end of the first quarter. - FY2026WorsenedAnnual report
「The provision for contract losses recorded at the end of the current fiscal year was ¥58 million, compared with ¥1 million at the end of the previous fiscal year.」
The provision for contract losses increased from ¥1 million at the end of the previous fiscal year to ¥58 million, indicating an increase in expected losses related to loss-making projects. Because an actual loss was recorded in the past, the risk is in a materialized state. - 2026-05-22WorsenedGeneral Meetings of Shareholders
「The provision for loss on orders recorded at the end of the consolidated fiscal year was ¥58 million.」
The amount recorded as a provision for loss on orders relating to system development contracts and other agreements quantifies the expected losses on unprofitable projects. - FY2026-H1WorsenedAnnual report
「Provision for contract losses 1 6」
The provision for contract losses increased from ¥1 million at the end of the previous fiscal year to ¥6 million at the end of the interim period, indicating an increase in expected losses related to loss-making projects. - FY2025MitigatedAnnual report
「The provision for contract losses recorded at the end of the current fiscal year was ¥1 million, compared with ¥74 million at the end of the previous fiscal year.」
The provision for contract losses decreased from ¥74 million at the end of the previous fiscal year to ¥1 million, indicating a substantial decrease in expected losses related to loss-making projects. However, the risk has actually materialized in the past. - FY2025-H1WorsenedAnnual report
「In connection with the review and normalization of delayed system development projects, the company added expected future losses, increasing the provision for contract losses by ¥160 million, although it expects normalization during the current fiscal year.」
Expected future losses were added as delayed projects were reviewed, increasing the provision for contract losses from ¥74 million at the end of the previous fiscal year to ¥234 million, an increase of ¥160 million. The company also stated that normalization is expected during the current fiscal year. - FY2024WorsenedAnnual report
「The provision for contract losses recorded at the end of the current fiscal year was ¥74 million, compared with ¥26 million at the end of the previous fiscal year.」
The provision for contract losses increased from ¥26 million at the end of the previous fiscal year to ¥74 million, indicating an increase in expected losses related to loss-making projects. - FY2024-Q2MitigatedAnnual report
「Provision for contract losses 26 6」
The provision for contract losses decreased from ¥26 million at the end of the previous fiscal year to ¥6 million at the end of the second quarter of the current fiscal year, indicating a decrease in expected losses related to loss-making projects. Because an actual provision was recorded in the past, the risk is in a materialized state. - FY2024-Q1MitigatedAnnual report
「Provision for contract losses 26 6」
The provision for contract losses decreased from ¥26 million at the end of the previous fiscal year to ¥6 million at the end of the first quarter of the current fiscal year, indicating a decrease in expected losses related to loss-making projects. Because an actual provision was recorded in the past, the risk is in a materialized state. - FY2023WorsenedAnnual report
「The provision for contract losses recorded at the end of the current fiscal year was ¥26 million, compared with ¥1 million at the end of the previous fiscal year.」
The provision for contract losses increased from ¥1 million at the end of the previous fiscal year to ¥26 million, indicating an increase in expected losses related to loss-making projects. quantified is true and materialized is true. - FY2023-Q3MitigatedAnnual report
「Provision for contract losses 1 18」
While the provision for contract losses increased from ¥1 million at the end of the previous fiscal year to ¥18 million, it decreased from ¥23 million at the end of the previous quarter. Expected losses related to loss-making projects remain, but decreased in the latest quarter. quantified is true and materialized is true. - FY2023-Q2WorsenedAnnual report
「Provision for contract losses 1 23」
The provision for contract losses increased from ¥1 million at the end of the previous fiscal year to ¥23 million at the end of the second quarter of the current fiscal year, indicating an increase in expected losses related to loss-making projects. - FY2023-Q1MitigatedAnnual report
「Provision for contract losses 1 0」
The provision for contract losses decreased from ¥1 million at the end of the previous fiscal year to zero at the end of the first quarter of the current fiscal year, indicating that expected losses related to loss-making projects had been eliminated. - FY2022-Q3WorsenedAnnual report
「Provision for contract losses - 4」
Although no provision for contract losses had been recorded at the end of the previous fiscal year, ¥4 million was recorded at the end of the third quarter, indicating a renewed increase in expected losses related to loss-making projects. quantified is true and materialized is true. - FY2022-Q1WorsenedAnnual report
「Provision for contract losses - 1」
Although no provision for contract losses had been recorded at the end of the previous fiscal year, ¥1 million was recorded at the end of the first quarter of the current fiscal year, indicating that expected losses related to loss-making projects had arisen again. - FY2021MitigatedAnnual report
「There were no construction contracts for which contract losses or a provision for contract losses was recorded during the current fiscal year.」
Although a ¥5 million provision for contract losses had been recorded at the end of the third quarter of the previous fiscal year, the company states that there are no construction contracts for which contract losses or a provision for contract losses was recorded in the current fiscal year. - FY2021-Q3WorsenedAnnual report
「Provision for contract losses - 5」
The provision for contract losses, which was not recorded at the end of the previous fiscal year, stood at ¥5 million at the end of the third quarter of the current fiscal year, indicating that expected losses related to loss-making projects were recorded again. quantified is true and materialized is true. - FY2020-Q3MitigatedAnnual report
「Provision for contract losses 192 35」
The provision for contract losses decreased from ¥192 million at the end of the previous fiscal year to ¥35 million at the end of the third quarter of the current fiscal year, indicating a substantial decrease in expected losses related to loss-making projects. Because the risk has actually materialized in the past, materialized is set to true. - FY2020-Q2MitigatedAnnual report
「Provision for contract losses 192 126」
The provision for contract losses decreased from ¥192 million at the end of the previous fiscal year to ¥126 million at the end of the second quarter of the current fiscal year, indicating a decrease in expected losses related to loss-making projects. - FY2020-Q1MitigatedAnnual report
「Provision for contract losses 192 136」
The provision for contract losses decreased by ¥56 million, from ¥192 million at the end of the previous fiscal year to ¥136 million at the end of the first quarter of the current fiscal year, indicating a decrease in expected losses related to loss-making projects. - FY2019-Q3WorsenedAnnual report
「Provision for contract losses 60 101」
The provision for contract losses increased from ¥60 million at the end of the previous fiscal year to ¥101 million at the end of the third quarter of the current fiscal year, indicating an increase in expected losses related to loss-making projects. - FY2019-Q2MitigatedAnnual report
「Provision for contract losses 60 48」
The provision for contract losses decreased from ¥60 million at the end of the previous fiscal year to ¥48 million at the end of the second quarter of the current fiscal year, indicating a decrease in expected losses related to loss-making projects. - FY2019-Q1MitigatedAnnual report
「Provision for contract losses 60 50」
The provision for contract losses decreased from ¥60 million at the end of the previous fiscal year to ¥50 million at the end of the first quarter of the current fiscal year, indicating a decrease in expected losses related to loss-making projects. Although quantified, this does not state that a new loss-making project occurred during the quarter. - FY2018MitigatedAnnual report
「Provision for contract losses 98 60」
The provision for contract losses decreased from ¥98 million at the end of the previous fiscal year to ¥60 million at the end of the current fiscal year, and also declined from ¥106 million at the end of the previous quarter. This indicates a decrease in expected losses related to loss-making projects. - FY2018-Q3MitigatedAnnual report
「Provision for contract losses 98 106」
The provision for contract losses increased from ¥98 million at the end of the previous fiscal year to ¥106 million, but decreased from ¥121 million at the end of the previous quarter, indicating that expected losses related to loss-making projects contracted in the latest quarter. - FY2018-Q2WorsenedAnnual report
「Provision for contract losses 98 121」
The provision for contract losses increased from ¥98 million at the end of the previous fiscal year to ¥121 million at the end of the second quarter of the current fiscal year, indicating a further increase in expected losses related to loss-making projects. - FY2018-Q1WorsenedAnnual report
「Provision for contract losses 98 110」
The provision for contract losses on the quarterly consolidated balance sheet increased from ¥98 million at the end of the previous fiscal year to ¥110 million, indicating a further increase in expected losses related to loss-making projects. - FY2017WorsenedAnnual report
「While the provision for contract losses increased by ¥63 million and liabilities related to retirement benefits increased by ¥1.092 billion,」
The balance of the provision for contract losses increased by ¥63 million, from ¥34 million in the previous fiscal year to ¥98 million, indicating a numerical increase in expected losses related to loss-making projects. - FY2017-Q2MaterialisedAnnual report
「In the Product Development and Manufacturing segment, JB Advanced Technology Corporation's production management systems business has been slower than expected to recognize anticipated revenue. After examining the recoverability of goodwill, the company recognized an impairment loss on the entire amount of goodwill and recorded ¥453 million as an extraordinary loss during the six-month period ended the second quarter of the current fiscal year.」
Anticipated revenue recognition was delayed in the production management systems business, resulting in a ¥453 million impairment loss on all goodwill. - FY2017-Q1MitigatedAnnual report
「In system development, business remained firm as a result of initiatives including rapid development, the resolution of unprofitable projects and the acquisition of high-margin projects.」
The company stated that system development remained solid as it worked to resolve loss-making projects, indicating that it was addressing the risk of loss-making projects that arose in the previous fiscal year. - FY2016MaterialisedAnnual report
「Profit was affected by loss-making projects involving R-PiCS, a production management system for manufacturers.」
The company disclosed the risk of increased work hours due to changes in requirements and greater sophistication and complexity, and a loss-making R-PiCS project occurred during the fiscal year. It also recorded a ¥34 million provision for contract losses.