Increase in private-sector construction investment and decrease in government construction investment
First written in FY2017-Q1. 19 of 34 entries say "Restated". Latest entry: FY2027-H1.
Hazama Ando moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 7 of 25 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「In the construction industry, government and private-sector construction investment both remained generally steady. Meanwhile, the need to monitor trends in material prices, labor costs and other factors continued.」
The company continues to believe that government and private-sector construction investment remained generally solid, while material prices, labor costs and other factors require monitoring. - 2026-08-05RestatedResults
「At the same time, conditions requiring close monitoring of trends in material prices and labor costs, among other factors, continue.」
The company continues to closely monitor trends in material prices and labor costs. - FY2026ReframedAnnual report
「In the construction industry, both government and private-sector construction investment remained generally solid. Meanwhile, the need to monitor trends in material prices, labor costs and other factors continues.」
While maintaining the solid performance of government and private-sector construction investment, the company continues to monitor trends in labor costs in addition to material prices. - FY2026-H1RestatedAnnual report
「In the construction industry, both government and private-sector construction investment remained solid. Meanwhile, the need to monitor trends in material prices, labor costs and other factors continues.」
While both government and private-sector construction investment remained solid, the company continues to hold the market view that material prices, labor costs and other factors require monitoring. - FY2025RestatedAnnual report
「In the construction industry, both government and private-sector construction investment remained solid. Meanwhile, it remains necessary to monitor trends in material prices, labor costs and other factors going forward.」
While maintaining the view that both government and private-sector construction investment remained solid, the company continues to monitor material prices and labor costs. - FY2024-Q3RestatedAnnual report
「In the construction industry, both government and private-sector construction investment remained resilient. Meanwhile, the need to monitor trends in material prices and other costs continues.」
The company continues to assess that both government and private-sector construction investment remained resilient, while it is necessary to monitor trends in material prices and other costs. - FY2024-Q2SoftenedAnnual report
「In the construction industry, government construction investment remained steady and private-sector construction investment remained firm. Meanwhile, the need to monitor trends in material prices and other factors continued.」
The solid performance of government construction investment has continued. The wording for private-sector construction investment has changed from the previous "recovery trend" to "remaining resilient," while material prices and other costs are now described in terms of monitoring trends rather than the "impact of surging prices." - FY2024-Q1SoftenedAnnual report
「In the construction industry, government construction investment remained firm and private-sector construction investment continued on a recovery trend. Meanwhile, it remained necessary to continue monitoring trends in material prices and other factors.」
The resilience of government construction investment and the recovery trend in private-sector construction investment have continued. Meanwhile, the wording has changed from the previous focus on "the impact of surging material prices and other costs" to monitoring "trends in material prices and other costs." - FY2023RestatedAnnual report
「In the construction industry, government construction investment remained resilient and private-sector construction investment continued to recover. Meanwhile, the impact of surging material prices and other costs has continued, making it necessary to monitor the situation going forward.」
The company reconfirms the market view from the previous quarter that government construction investment remains resilient, private-sector construction investment is recovering, and material prices and other costs are surging. - FY2023-Q3RestatedAnnual report
「In the construction industry, government construction investment remained firm and private-sector construction investment continued on a recovery trend. Meanwhile, the impact of surging prices for materials and other items persisted, and it remained necessary to continue monitoring the situation.」
While government construction investment remained resilient and private-sector construction investment continued to recover, the company reconfirms its assessment that the impact of surging material prices and other costs also continued. - FY2023-Q2RestatedAnnual report
「In the construction industry, government construction investment remained firm and private-sector construction investment continued on a recovery trend. Meanwhile, the impact of surging prices for materials and other items persisted, and it remained necessary to continue monitoring the situation.」
While maintaining the resilience of government construction investment and the recovery trend in private-sector construction investment, the company reconfirms its view that the impact of surging material prices and other costs will continue. - FY2023-Q1WorsenedAnnual report
「In the construction industry, government construction investment remained firm and private-sector construction investment showed signs of recovery, but it remained necessary to monitor the impact of surging prices for materials and other items.」
While government construction investment remained resilient and private-sector construction investment recovered, the company explicitly identified the impact of surging material prices and other costs, indicating that cost pressures in the construction business environment have intensified. - FY2022-Q3WorsenedAnnual report
「In the construction industry, government construction investment remained steady, while private-sector construction investment showed a recovery trend. However, the challenging competitive environment continued amid lingering uncertainty about the economic outlook caused by the infectious disease and rising prices for some materials.」
While government construction investment remained resilient and private-sector construction investment showed signs of recovery, the company also noted uncertainty about the outlook, rising prices for certain materials and challenging competitive conditions. - FY2022-Q1ReframedAnnual report
「In the construction industry, government construction investment remained steady, while private-sector construction investment showed signs of recovery. However, uncertainty about the economic outlook caused by the impact of the infectious disease remained, and the challenging competitive environment continued.」
While government construction investment remained solid, the assessment of private-sector construction investment changed from a declining trend to signs of recovery, while uncertainty caused by infectious diseases and challenging competitive conditions were also noted. - FY2021RestatedAnnual report
「In the construction industry, government construction investment remained steady, but private-sector construction investment began trending downward because of declining corporate earnings and uncertainty about the economic outlook resulting from the impact of the infectious disease.」
The company continues to describe market conditions as government construction investment being solid and private-sector construction investment being on a declining trend. - FY2021-Q3RestatedAnnual report
「In the construction industry, government construction investment remained steady, but private-sector construction investment began trending downward because of declining corporate earnings and uncertainty about the economic outlook resulting from the impact of the infectious disease.」
The company continues to hold the market view that government construction investment is solid, while private-sector construction investment is on a declining trend. - FY2021-Q2RestatedAnnual report
「In the construction industry, government construction investment remained steady, but private-sector capital investment began trending downward because of declining corporate earnings and uncertainty about the economic outlook resulting from the impact of the infectious disease.」
The company continues to hold the market view that government construction investment is solid, while private-sector capital investment is on a declining trend due to the impact of infectious diseases, among other factors. - FY2021-Q1RestatedAnnual report
「In the construction industry, government construction investment remained steady, but private-sector construction investment began trending downward because of economic uncertainty caused by the impact of the infectious disease.」
The company continues to hold the market view that government construction investment is solid, while private-sector construction investment is on a declining trend, as in the previous fiscal year. - FY2020ReframedAnnual report
「In the construction industry, government construction investment remained resilient, but private-sector construction investment entered a declining trend as economic uncertainty increased.」
While government construction investment remained resilient, the assessment of private-sector construction investment has changed from the previous solid growth trend to a declining trend. - FY2020-Q3ReframedAnnual report
「In the construction industry, government and private-sector construction investment both remained steady, although the competitive environment is becoming increasingly challenging.」
While maintaining the view that government and private-sector construction investment remained solid, the company newly notes that competitive conditions have become more challenging. - FY2020-Q2ReframedAnnual report
「In the construction industry, government construction investment became firmer and private-sector capital investment was on a gradual upward trend, resulting in steady conditions.」
The description of government construction investment has changed from its previous resilience to "increasing resilience," and the strength of the construction industry is explained together with the gradual upward trend in private-sector capital investment. - FY2020-Q1ReframedAnnual report
「In the construction industry, government construction investment remained firm and capital investment was on a gradual upward trend, resulting in steady conditions.」
In addition to the resilience of government construction investment, the company identifies the gradual upward trend in capital investment as a factor supporting the strength of the construction industry. - FY2019RestatedAnnual report
「In the construction industry in which our group's principal business operates, government construction investment remained resilient and capital investment increased, resulting in solid performance.」
The company continues to believe that the construction industry remained solid, supported by resilient government construction investment and increased capital investment. - FY2019-Q3RestatedAnnual report
「In the construction industry, to which the Group's principal business belongs, government construction investment remained resilient and capital investment also increased, resulting in firm conditions.」
The company continues to believe that the construction industry remained solid, supported by resilient government construction investment and increased capital investment. - FY2019-Q2ReframedAnnual report
「In the construction industry, to which the Group's principal business belongs, government construction investment remained resilient and capital investment also increased, resulting in firm conditions.」
In addition to the resilience of government construction investment, the company identifies increased capital investment as a factor supporting the strength of the construction industry. - FY2019-Q1RestatedAnnual report
「In the construction industry, to which the Group's principal business belongs, government and private-sector construction investment remained resilient, and a stable business environment continued.」
The company reconfirms its view that government and private-sector construction investment remained resilient and that stable conditions continued in the construction business. - FY2018RestatedAnnual report
「In the construction industry, which is the principal business of our group, government and private-sector construction investment remained solid, and stable business conditions continued.」
The company reiterates its view that government and private-sector construction investment remained solid and that stable conditions continued in the construction business. - FY2018-Q3ReframedAnnual report
「In the construction industry, the Group's principal business, government and private-sector construction investment remained firm, and a stable business environment continued.」
While maintaining the view that government and private-sector construction investment remained solid, the company describes business conditions as "stable" rather than "favorable." - FY2018-Q2RestatedAnnual report
「In the construction industry, the Group's principal business, government and private-sector construction investment remained firm, while labor supply and demand and raw-material prices continued to be stable, resulting in a favorable business environment.」
Government and private-sector construction investment remained solid, and favorable business conditions continued, with labor supply and demand and raw material prices also stable. - FY2018-Q1RestatedAnnual report
「In the construction industry, the Group's principal business, government and private-sector construction investment remained firm, while labor supply and demand and raw-material prices were relatively stable, resulting in a favorable business environment.」
Government and private-sector construction investment remained solid, while labor supply and demand and raw material prices were relatively stable, leading to a reassessment of conditions as favorable. - FY2017RestatedAnnual report
「In the construction industry, the Group's principal business, government and private-sector construction investment remained firm, while labor supply and demand and construction-material prices were stable, resulting in a favorable business environment.」
Government and private-sector construction investment remained solid, while labor supply and demand and construction material prices were stable, leading to an assessment of favorable business conditions. - FY2017-Q3ReframedAnnual report
「In the construction industry, the Group's principal business, government and private-sector construction investment remained firm, resulting in a favorable business environment.」
Both government and private-sector construction investment have remained solid, and the description has changed from the previous "recovery" to favorable business conditions. - FY2017-Q2ReframedAnnual report
「In the construction industry, the Group's principal business, market conditions remained firm, with signs of recovery in government construction investment as well as private-sector construction investment.」
The description has changed from the previous contrast between increasing private-sector construction investment and declining government construction investment to a statement that government construction investment is also showing signs of recovery. - FY2017-Q1First statedAnnual report
「In the construction industry, which is the principal business of our group, private-sector construction investment has been on a gradual upward trend, while government construction investment has been declining,」
The construction market is showing divergent trends in private-sector and government investment.