Earnings shortfall due to delays in construction order intake and project commencement
First written in FY2020-Q2. 12 of 12 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2025.
Tanaken 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 2026: 15 of 29 companies on the "Worse" side.
17 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Although starts on large-scale projects declined from plan because of delays across development projects and other factors, higher productivity accompanying the increase in large-scale construction projects resulted in higher sales and profit.」
The company stated that delays across development projects and fewer starts on large-scale projects actually occurred, while higher productivity associated with large-scale construction projects resulted in higher sales and profit. - FY2025-H1MaterialisedAnnual report
「Against a backdrop of steady order conditions and a substantial order backlog, revenue and profit increased as productivity improved with the growth in large-scale construction, despite a decline in the commencement of large-scale projects during the period and the effects of delays across development projects.」
The company stated that fewer starts on large-scale projects and delays across development projects were also present during the interim accounting period. Meanwhile, higher productivity accompanying the increase in large-scale construction projects resulted in higher sales and profit. - FY2024MaterialisedAnnual report
「Although the order backlog was substantial against a solid order environment, sales declined because starts on large-scale projects decreased from the previous fiscal year, while labor shortages, higher material prices and related delays across development projects also had an impact. Profit nevertheless increased because productivity improved as the number of large-scale construction projects increased.」
The company stated that fewer starts on large-scale projects, labor shortages, higher material prices and delays across development projects actually occurred and contributed to the decline in sales. - FY2024-Q3MaterialisedAnnual report
「Although the order backlog was substantial against a solid order environment, starts on large-scale projects declined year on year, and delays across development projects, among other factors, resulted in lower sales and profit year on year.」
The company stated that, in addition to fewer starts on large-scale projects, delays across development projects actually occurred and contributed to year-on-year declines in sales and profit for the cumulative nine-month period of FY2024. - FY2024-Q2MaterialisedAnnual report
「Although the Company has a substantial order backlog against a solid order environment, the start of large-scale projects decreased year on year, and construction delays caused by natural disasters resulted in lower revenue and profit year on year.」
The company explained that the decline in starts on large-scale projects and construction delays caused by natural disasters led to year-on-year declines in sales and profit for the cumulative second quarter period of FY2024. - FY2024-Q1MaterialisedAnnual report
「Although the order backlog was substantial against a solid order environment, starts on large-scale projects declined year on year, resulting in lower sales and profit year on year.」
The company explained that the decline in starts on large-scale projects led to year-on-year declines in first-quarter net sales and profit. - FY2021-Q3MaterialisedAnnual report
「In terms of sales, although awarded construction projects started later than scheduled, higher progress on the substantial backlog of carried-over projects led to a significant increase from the previous cumulative third quarter period. In terms of profit, higher progress on profitable prime-contracted projects also led to a significant increase in both sales and profit.」
The company explained that sales increased because of higher progress on carried-over projects, although delays in starting awarded construction projects continued. - FY2021-Q2MaterialisedAnnual report
「In terms of sales, although awarded construction projects started later than scheduled, higher progress on the substantial backlog of carried-over projects led to a significant increase from the previous cumulative second quarter period. In terms of profit, higher progress on profitable prime-contracted projects also led to a significant increase in both sales and profit.」
The company explained that, while delays in starting awarded construction projects continued, sales and profit for the cumulative quarter increased year on year because of higher progress on the substantial backlog of carried-over projects and profitable prime-contracted projects. - FY2021-Q1MaterialisedAnnual report
「Although some construction projects that had been awarded started later than scheduled, profitability increased significantly from the previous cumulative first quarter period because of higher progress on profitable prime-contracted projects.」
The company explained that, while delays in starting awarded construction projects continued, quarterly profitability increased year on year because of higher progress on profitable prime-contracted projects. - FY2020MaterialisedAnnual report
「Although the results fell short of the original plan because of delays in the expected timing of receiving construction orders and starting construction, the company posted higher net sales and profits year on year.」
The company explained that delays in receiving construction orders and starting construction were factors behind the failure to meet the original full-year plan. - FY2020-Q3MaterialisedAnnual report
「This was because delays in the expected timing of receiving construction orders and in starting construction, among other factors, resulted in lower net sales than in the previous fiscal year, with profits also declining year on year as a result.」
The company explained that delays in the timing of receiving construction orders and starting construction led to year-on-year declines in net sales and profits for the cumulative nine-month period of FY2020 as well. - FY2020-Q2MaterialisedAnnual report
「This was because delays in the expected timing of receiving construction orders and in starting construction, among other factors, resulted in lower net sales than in the previous fiscal year, with profits also declining year on year as a result.」
The company explained that delays in the expected timing of receiving construction orders and starting construction led to year-on-year declines in net sales and profits.