Fluctuations in Order Intake Due to Economic Conditions and Customer Capital Investment Trends
First written in FY2017. 9 of 24 entries say "Restated". Latest entry: FY2027-H1.
Besterra moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 13 of 26 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「In the interim consolidated accounting period, in addition to the smooth progress of construction on large-scale projects, which had been progressing from the previous consolidated fiscal year, the Company worked to strengthen its construction organisation by hiring construction supervisors,」
Construction of large-scale projects progressed smoothly, and the Company also worked to strengthen its construction organisation by hiring construction supervisors. As a result, fluctuations in the timing of orders and project starts have not emerged as factors contributing to the deterioration in performance during the interim period. - FY2025MitigatedAnnual report
「Ample order backlogs, including long-term large-scale projects, and a favorable ordering environment」
Ample order backlogs, including long-term large-scale projects, and a favorable ordering environment meant that no deterioration in results for the current fiscal year due to customers' capital investment and ordering trends was indicated. - FY2025-H1MitigatedAnnual report
「As construction progressed favorably on some large-scale projects ordered in the previous consolidated fiscal year, revenue was ¥5,767.667 million (up 73.3% from the same interim period of the previous year).」
Construction progressed favorably on large-scale projects ordered in the previous fiscal year, and fluctuations in orders related to customers' ordering and construction-start timing did not emerge as a factor weighing on results for the current interim period. - FY2024-Q3RestatedAnnual report
「As orders and inquiries for new large-scale projects remained strong, construction starts for ordered projects were concentrated from the second quarter of the current consolidated fiscal year onward. In addition, business synergies with Oda Corporation and TOKＥN, which had newly joined the BESTERRA Group, contributed to revenue of ¥5,862.431 million, up 51.7% year on year.」
Although orders and inquiries for new large-scale projects were strong, fluctuations in the recognition of results caused by the concentration of construction starts continued. Business synergies with Oda Corporation and TOKEN were also cited as a factor behind revenue. - FY2024-Q2RestatedAnnual report
「As orders and inquiries for new large construction projects remained strong, construction starts for projects already awarded were concentrated from the second quarter of the consolidated accounting period onward, resulting in revenue of ¥3,328.932 million, up 31.4% year on year.」
Although orders and inquiries for new large-scale projects were strong, the company states that construction starts for ordered projects were concentrated from the second quarter onward. Performance fluctuations caused by mismatches between the timing of orders and construction starts continue. - FY2024-Q1MaterialisedAnnual report
「Although orders and inquiries for new large construction projects remained strong, the start of construction on projects already awarded was expected to be concentrated from the second quarter of the consolidated accounting period onward, resulting in revenue of ¥1,537.722 million, down 8.6% year on year.」
Although orders and inquiries for new large-scale projects themselves were strong, revenue for the current quarter fell 8.6% year on year because construction starts were concentrated in a later period. Fluctuations caused by mismatches between the timing of orders and construction starts have materialized. - FY2023MaterialisedAnnual report
「Because the start of construction during the current period became difficult for a large dismantling project that had been scheduled to be awarded and started, due to an extension of the plan and other factors, revenue was ¥5,458.728 million, down 8.5% from the previous consolidated fiscal year.」
The company explained that delays in starting large-scale projects related to capital investment and ordering plans actually occurred, resulting in revenue down 8.5% year on year. - FY2023-Q3RestatedAnnual report
「The large dismantling project that began construction in the previous consolidated fiscal year progressed smoothly, and the status of orders received and construction starts also remained firm during the current period,」
The company states that orders received and construction starts for large-scale dismantling projects remained steady, and that the risk of order fluctuations driven by customers' capital investment and ordering trends did not emerge as a factor weighing on results in the current performance update. - FY2023-Q1MitigatedAnnual report
「Orders received and construction starts remained steady during the current period.」
The company states that orders received and construction starts for large-scale dismantling projects remained steady, and that the risk of order fluctuations driven by customers' capital investment and ordering trends did not emerge as a factor weighing on results in the current quarter. - FY2022-Q3RestatedAnnual report
「However, the company recognizes that the spread of COVID-19 has had some impact on sales activities, and cases have occurred in which work has been disrupted and the start of construction delayed for projects that had not yet started, during the period from receiving orders and planning through to the start of construction.」
The company continues to explain that the spread of COVID-19 has affected sales activities and caused disruptions to work and delays in starting construction for projects that had not yet started. - FY2022-Q2RestatedAnnual report
「However, the company recognizes that the spread of COVID-19 has had some impact on sales activities, and cases have occurred in which work has been disrupted and the start of construction delayed for projects that had not yet started, during the period from receiving orders and planning through to the start of construction.」
The company continues to explain that the spread of COVID-19 has affected sales activities and caused disruptions to work and delays in starting construction for projects that had not yet started. - FY2022-Q1RestatedAnnual report
「However, the company recognizes that the spread of COVID-19 has had some impact on sales activities, and cases have occurred in which work has been disrupted and the start of construction delayed for projects that had not yet started, during the period from receiving orders and planning through to the start of construction.」
The company explains that the impact of the spread of COVID-19 on sales activities, disruptions to work for projects that had not yet started, and delays in starting construction continue to occur. - FY2021MaterialisedAnnual report
「The target was not achieved due to factors including extensions to the construction periods of large-scale projects originally scheduled to start and delays in starting construction caused by customers reviewing their orders.」
Extensions to the construction periods of large-scale projects and delays in starting construction caused by customers reviewing their orders are cited as factors behind the shortfall in revenue under the medium-term plan. - FY2021-Q3RestatedAnnual report
「However, for projects that had not yet started construction, delays occurred in planning work leading up to the start of construction due to the impact of the company's and customer companies' voluntary suspension of business activities.」
The company continues to explain that its and customer companies' voluntary suspension of business activities has delayed planning work for projects that had not yet started construction. - FY2021-Q2RestatedAnnual report
「However, for projects that had not yet started construction, delays occurred in planning work leading up to the start of construction due to the impact of the company's and customer companies' voluntary suspension of business activities.」
The company continues to explain that its and customer companies' voluntary suspension of business activities has delayed planning work for projects that had not yet started construction. - FY2021-Q1MaterialisedAnnual report
「For projects that had not yet started construction, delays occurred in planning work leading up to the start of construction due to the impact of the company's and customer companies' voluntary suspension of business activities.」
The company's and customer companies' voluntary suspension of business activities delayed planning work for projects that had not yet started construction, and the risk related to customers' capital investment and ordering plans materialized in connection with the impact of COVID-19. - FY2020MaterialisedAnnual report
「Because a large dismantling project that had been awarded and was scheduled to start during the current consolidated fiscal year was postponed to the following fiscal year due to an extension of the plan and other factors, consolidated revenue was ¥3,436.154 million, down 30.3% year on year.」
Because the start of large-scale projects was pushed into the following fiscal year due to extensions to the plans, including those on the customer side, the risk related to customers' capital investment and ordering trends materialized as a 30.3% decline in revenue. - FY2020-Q3WorsenedAnnual report
「Although construction progressed smoothly on projects already ordered and subject to the percentage-of-completion method, revenue was ¥2,641.364 million, down 18.8% year on year, due to a decline in orders and construction of new large-scale projects.」
The decline in orders and construction of new large-scale projects continued, with revenue for the nine months ended the third quarter of the current consolidated fiscal year at ¥2,641.364 million, down 18.8% year on year. The risk related to customers' ordering and capital investment trends continues to materialize in the figures. - FY2020-Q2MaterialisedAnnual report
「Although construction progressed smoothly on projects already ordered and subject to the percentage-of-completion method, revenue was ¥1,907.815 million, down 9.6% year on year, due to a decline in orders and construction of new large-scale projects.」
The company explained that the decline in orders and construction of new large-scale projects actually occurred, resulting in revenue of ¥1,907.815 million, down 9.6% year on year. - FY2019MaterialisedAnnual report
「The target was not achieved due to factors including delays in starting construction caused by customers reviewing their orders.」
Customers' reviews of their orders caused delays in starting construction, and the risk related to customers' capital investment and ordering trends materialized as a shortfall against the sales plan for projects originally scheduled for completion. - FY2018RestatedAnnual report
「Changes in the business environment, including economic conditions beyond the control of the customers and the company, could mean that planned capital investment is not carried out, for example if Japan's economic recovery slows sharply or deteriorates, potentially affecting the company's results.」
The company continues to present the same risk structure: customers' capital investment leads to orders, while deterioration in economic conditions could prevent planned investment from being carried out. - FY2017First statedAnnual report
「The plant dismantling business is linked to the execution of the medium- to long-term business plans of owners of various plants, which leads to orders for the company. However, changes in the business environment, including economic conditions beyond the control of the customers and the company, could mean that planned capital investment is not carried out, for example if Japan's economic recovery slows sharply or deteriorates, potentially affecting the company's results.」
While customers' medium- to long-term business plans and capital investment lead to orders, the company identifies as a risk the possibility that planned capital investment will not be carried out if economic conditions deteriorate.