Below are the financial statements of Taisei, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of JPY | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and time deposits | 434,711a | 415,950a |
Notes and accounts receivable trade | 864,694a | 688,768a |
Cost on uncompleted contracts | 79,903a | 67,658a |
Real estate for sale and development projects in progress | 166,293a | 131,439a |
Other inventories | 6,841a | 4,003a |
Other current assets | 79,106a | 45,847a |
Allowance for doubtful accounts | -375a | -182a |
Total current assets | 1,631,175a | 1,353,485a |
Tangible fixed assets | — | — |
Buildings and structures | 173,894a | 161,554a |
Machinery, vehicles and equipment | 84,429a | 68,273a |
Land | 219,316a | 120,488a |
Construction in progress | 15,426a | 5,354a |
Accumulated depreciation | -160,351a | -142,320a |
Total tangible fixed assets | 332,715a | 213,349a |
Fixed assets | — | — |
Intangible fixed assets | 27,151a | 17,581a |
Investments and other assets | — | — |
Investment securities | 478,191a | 386,906a |
Net defined benefit asset | 80,316a | 10,875a |
Deferred income tax assets | 4,504a | 5,918a |
Other fixed assets | 31,751a | 30,570a |
Allowance for doubtful accounts | -2,164a | -1,969a |
Total investments and other assets | 592,599a | 432,300a |
Total fixed assets | 952,466a | 663,232a |
Total assets | 2,583,641a | 2,016,717a |
Current liabilities | — | — |
Notes and accounts payable trade | 597,704a | 476,115a |
Short-term borrowings | 110,530a | 81,965a |
Short-term non-recourse loans payable | 261a | 11a |
Lease obligations | 731a | 347a |
Income taxes payable | 37,059a | 12,628a |
Advances received and progress billings on uncompleted contracts | 215,432a | 181,226a |
Deposit received | 196,991a | 170,995a |
Provision for warranties on completed contracts | 3,467a | 3,325a |
Provision for losses on construction contracts | 96,661a | 47,897a |
Allowance for losses on orders received | 71a | 0a |
Other current liabilities | 43,802a | 48,139a |
Total current liabilities | 1,302,713a | 1,022,652a |
Long-term liabilities | — | — |
Straight bonds | 50,000a | 40,000a |
Long-term borrowings | 142,787a | 79,606a |
Long-term non-recourse loans payable | 72,686a | 117a |
Lease obligations | 1,533a | 716a |
Deferred income tax liabilities | 11,953a | 1,711a |
Deferred income tax liabilities for revaluation of land | 4,480a | 3,274a |
Retirement benefits for directors and corporate auditors | 840a | 508a |
Provision for share-based remuneration for directors | 271a | 48a |
Net defined benefit liability | 18,417a | 15,037a |
Other long-term liabilities | 16,957a | 19,100a |
Total long-term liabilities | 319,927a | 160,120a |
Total liabilities | 1,622,641a | 1,182,773a |
Shareholders’ equity | — | — |
Common stock | 122,742a | 122,742a |
Capital surplus | 30,382a | 30,382a |
Retained earnings | 558,721a | 562,774a |
Treasury stock | -898a | -906a |
Total shareholders’ equity | 710,947a | 714,992a |
Accumulated other comprehensive income | — | — |
Unrealized gains on available-for-sale securities, net of taxes | 154,295a | 97,090a |
Unrealized losses on hedging derivatives, net of taxes | -1a | -6a |
Revaluation reserve for land | 1,176a | 1,235a |
Foreign currency translation adjustments | 2,530a | 237a |
Remeasurements of defined benefit plans | 60,385a | 15,638a |
Total accumulated other comprehensive income | 218,387a | 114,194a |
Net assets | — | — |
Non-controlling interests | 31,666a | 4,756a |
Total net assets | 961,000a | 833,944a |
Total liabilities and net assets | 2,583,641a | 2,016,717a |
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