Downward Trend in Public Investment
First written in FY2017-Q1. 14 of 27 entries say "Restated". Latest entry: FY2027-H1.
Taiyo Kisokogyo moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2024: 8 of 28 companies on the "Worse" side.
1 other company's latest entry also says "Softened".
- FY2027-H1SoftenedAnnual report
「Public investment remains firm to a certain extent, driven by recovery and reconstruction efforts following natural disasters such as earthquakes and flood inundation, as well as measures to strengthen national resilience and address aging infrastructure,」
The description of public investment has changed from the previous statement that both public- and private-sector investment were increasing moderately to the more limited statement that a certain level of public investment remains firm, supported by recovery efforts following natural disasters, measures to strengthen national resilience and other factors. - 2026-06-11RestatedEarnings
「Public investment remains firm due to national resilience measures and efforts to address aging infrastructure, but concerns remain over flat or declining residential and private-sector capital investment as a result of soaring construction prices in recent years. The business environment therefore remains challenging.」
The company continues to report firm public investment while also citing concerns over flat or declining residential and private-sector capital investment. - FY2026-H1SoftenedAnnual report
「In the construction industry, both public- and private-sector investment are increasing, albeit moderately, and overall construction demand remains firm.」
The description of public investment has changed from the previous statement that it was holding firm against a backdrop of measures to strengthen national resilience and other factors to one stating that it is increasing moderately, along with private-sector investment. - FY2025-H1MitigatedAnnual report
「Although housing construction is weakening, private capital investment has shown signs of recovery, and public works are progressing steadily on the back of public investment under measures to strengthen national resilience and other initiatives.」
The description of public investment has changed from the previous expectation of moderate growth to a statement that it is holding firm, against a backdrop of measures to strengthen national resilience and other factors. - FY2025-Q1SoftenedAnnual report
「Both public investment and private investment are expected to increase, albeit gradually.」
The description has changed from the previous recognition that public investment was progressing steadily to indicate that it is expected to increase gradually together with private investment, weakening the expression of risks pointing toward a decline or stagnation in public investment. Quantified:false, Materialized:false. - FY2024-Q2RestatedAnnual report
「While public investment remains solid,」
The recognition that public investment is progressing steadily continues to be stated. - FY2024-Q1RestatedAnnual report
「In the construction industry, public investment and housing investment have remained firm, while capital investment has shown signs of recovery.」
The recognition that public investment was moving firmly through the previous period continues. - FY2023-Q3RestatedAnnual report
「Public investment and housing construction have remained firm.」
The recognition that public investment was moving firmly through the previous quarter continues. - FY2023-Q1MitigatedAnnual report
「In the construction industry, while a recovery in personal consumption and capital investment has been observed, housing construction has been weakening recently, whereas public investment has remained firm.」
The description has changed from the previous reference to public construction investment being at a high level but weakening to public investment showing firm movement. - FY2022-Q3WorsenedAnnual report
「Although public construction investment remains at a high level, it has been weakening recently.」
While public construction investment remains at a high level, the description has changed from the previous reference to solid performance to weakening. - FY2022-Q2RestatedAnnual report
「In the construction industry, public construction investment is progressing steadily, supported by supplementary budgets and other measures,」
The recognition that public construction investment is progressing steadily due to supplementary budgets and other measures continues. - FY2022-Q1RestatedAnnual report
「Public construction investment has remained relatively firm and is expected to continue progressing steadily, supported by the implementation of related budgets,」
The recognition that public construction investment is firm and is expected to remain solid going forward as related budgets are implemented continues. - FY2021-Q3RestatedAnnual report
「In the construction industry, public construction investment has remained relatively firm, but」
The recognition that public construction investment is progressing relatively steadily continues to be stated. - FY2021-Q2RestatedAnnual report
「In the construction industry, public construction investment has remained relatively firm, but」
The recognition that public construction investment is progressing relatively steadily continues to be expressed. - FY2021-Q1RestatedAnnual report
「Although public investment with a lead time, such as recovery and reconstruction projects following the frequent natural disasters across Japan, is progressing steadily,」
The recognition that public investment is progressing steadily continues to be stated. - FY2020MitigatedAnnual report
「Budgets for public works by the national and local governments are expected to increase year on year, and public investment is expected to remain solid.」
Following the previous description that public investment was becoming increasingly firm, an increase in public works budgets year on year is expected, and public investment is forecast to remain solid. - FY2020-Q3MitigatedAnnual report
「Public investment is becoming increasingly firm, and under the general account budget, appropriations for public works after the supplementary budget exceed the previous year's level.」
The description has changed from the previous expectation that public investment would weaken but remain firm to indicate that it is becoming increasingly firm and that appropriations for public works after the supplementary budget exceed the previous year's level. - FY2020-Q2RestatedAnnual report
「Although public investment is weakening, it is expected to remain firm as related budgets are implemented.」
The description that public investment is weakening but is expected to remain firm as related budgets are implemented continues. - FY2020-Q1The description has changed to indicate that public investment is weak but expected to remain firm.Annual report
「Although public investment is weakening, it is expected to remain firm as related budgets are implemented.」
The description states that public investment is currently weakening but is expected to remain firm as related budgets are implemented. - FY2019-Q1RestatedAnnual report
「Public investment and housing construction remained flat, but」
The description that public investment had changed from a downward trend to a flat trend continues. - FY2018-Q3RestatedAnnual report
「As public investment remained firm and was on an upward trend, including the preparation of a supplementary budget for the year by the government,」
Public investment continues to be described as remaining firm and being on an upward trend, following the previous quarter. - FY2018-Q2SoftenedAnnual report
「As public investment and private capital investment remained firm and were on an upward trend,」
The description of public investment has changed from the previous flat trend to a firm trend with an increase, weakening the expression of risks pointing toward decline or stagnation. - FY2018-Q1RestatedAnnual report
「While private capital investment remained relatively firm, public investment and housing construction remained flat, but」
The description from the previous fiscal year, which changed public investment from a downward trend to a flat trend, has continued this quarter. - FY2017SoftenedAnnual report
「Public investment and housing construction remained flat, but」
The description of public investment has changed from the previous downward trend to a flat trend. - FY2017-Q3SoftenedAnnual report
「Although expectations are being placed on an increase in public investment following the enactment of the FY2016 second supplementary budget and on government housing acquisition support measures,」
The description has shifted from the previous downward trend in public investment to expectations of an increase following the enactment of a supplementary budget, weakening the expression of downside risk from declining public investment. - FY2017-Q2RestatedAnnual report
「Although public investment was on a downward trend,」
The downward trend in public investment continues to be cited as part of the environment surrounding the construction industry. - FY2017-Q1First statedAnnual report
「Although public investment was on a downward trend,」
The decline in public investment is described as an actual market condition affecting demand in the construction industry.