Completed Construction Volume
In Japan, completed construction volume refers to the portion of the contracted amount that corresponds to the completed construction work.
The main sales of a construction company come from the completed construction volume based on construction work.
The relationship between the amount of work completed, the amount of orders received, the amount of work carried over, and the amount of work on hand can be expressed as follows.
The relationship between order intake, completed construction volume, and work carried over is as follows.
Amount carried over from the previous year + Orders received in the current year – Construction work in the current year = Amount carried over from the next year
The relationship between order intake, completed construction volume, and construction work at hand is as follows.
Construction on hand at the end of the previous fiscal year + Orders received in the current fiscal year – Construction in the current fiscal year = Construction on hand at the end of the current fiscal year
In addition, the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has published the “Survey of Current Orders Received for Construction Work” and the “General Statistics on Construction” as statistical data for ascertaining the amount of construction work.
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