Declining facility renovation projects and challenges in securing new customers
First written in FY2017-Q2. 2 of 6 entries say "Restated". Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019SoftenedAnnual report
「ファシリティーマネジメント株式会社 performed steadily, driven mainly by new orders in its cleaning division.」
The previously reported decline in facility repair and renovation projects no longer appears as a primary explanation for the current fiscal year, while the description has shifted to steady new orders in the cleaning division. - FY2018-Q3RestatedAnnual report
「The facility management division proceeded with ancillary work related to air-conditioning renovations in collaboration with 玉紘工業, but sales fell below the same quarter of the previous year due in part to a decline in facility repair projects.」
While the company proceeded with air-conditioning renovation-related work in collaboration with another party, sales remained below the same period of the previous year because of a decline in facility repair projects. - FY2018-Q2ReframedAnnual report
「At ファシリティーマネジメント株式会社, the cleaning management division performed steadily through orders received during the period and the acquisition of new customers. However, in the facility management division, the timing of orders from existing customers for air-conditioning dismantling and cleaning work and other projects that had been planned was spread out, resulting in sales below the same quarter of the previous year.」
While securing new customers remained steady, the specific risk factor has shifted from the previous focus on declining facility renovation projects to lower sales resulting from the dispersion of order timing for air-conditioning dismantling and cleaning work and other projects from existing customers. - FY2018-Q1ReframedAnnual report
「At ファシリティーマネジメント株式会社, the cleaning management division performed steadily, including orders received during the period and the acquisition of new customers. However, the decline in large-scale projects such as air-conditioning overhauls resulted in sales falling below the same quarter of the previous year.」
While the acquisition of new customers remained steady, the decline in large-scale projects such as air-conditioning overhauls, in addition to the traditional facility renovation projects, is identified as a business performance factor, changing the specific focus of the risk. - FY2017RestatedAnnual report
「At ファシリティーマネジメント株式会社, facility renovation projects declined, but the company developed new offerings, including escalator cleaning, and increased new orders.」
The decline in facility renovation projects is continuing. The increase in orders from new offerings is described separately as a measure. - FY2017-Q2First statedAnnual report
「Facility renovation projects declined, and challenges including securing new customers have also emerged.」
A decline in facility renovation projects has occurred, and securing new customers has been identified as a challenge.