Construction demand driven by disaster prevention and mitigation and measures to address aging infrastructure
First written in FY2021. 10 of 19 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2021: 3 of 17 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Public investment has remained firm. The national general account budget for fiscal 2025 includes approximately ¥2.5 trillion in supplementary appropriations, bringing the total to 2.3% above the previous fiscal year. In addition, public works spending in the initial general account budget for fiscal 2026 is 0.4% above the previous fiscal year's initial budget, so public investment is expected to remain firm going forward.」
The outlook for public investment to remain firm has been reaffirmed, against the backdrop of approximately ¥2.5 trillion in supplementary appropriations, a 2.3% year-on-year increase after the supplementary budget, and a 0.4% increase in public works spending for fiscal 2026. - 2026-08-07RestatedResults
「一方、当業界を取り巻く公共投資につきましては、令和７年度補正予算（前年度比2.3％増）や令和８年度当初予算（同0.4％増）を背景に、公共工事請負金額の累計も対前年同期比11.8百億円増の101.9％の実績となっていることから、今後も堅調に推移することが見込まれます。」
公共投資・公共工事請負金額の増加を背景に、建設需要が今後も堅調に推移するとの見通しを再確認している。 - FY2026AdvancedAnnual report
「Meanwhile, approximately ¥2.5 trillion in additional funds were included in the supplementary budget for the national general account budget for fiscal 2025, bringing the post-supplementary budget total to 2.3% above the previous fiscal year. The initial budget proposal for public works-related expenditures in the fiscal 2026 general account budget is 0.4% above the previous fiscal year's initial budget. Cumulative public works contract awards for the fiscal year were 110.8% of the year-earlier level, up ¥1.64 trillion, and are expected to remain firm going forward, including through the effects of the supplementary budget.」
Post-supplementary public investment was 2.3% above the previous fiscal year, the fiscal 2026 initial budget proposal was 0.4% higher, and public works contract awards were 110.8% of the year-earlier level, improving from 109.1% in the previous period. - 2026-05-14AdvancedResults
「令和８年度一般会計予算の公共工事関係費でも、当初予算案は前年度当初予算比0.4％増となっており、公共工事請負金額の年度累計も、対前年同期比1兆6千4百億円増の110.8％の実績となっていることから、補正予算の効果も含め、今後も堅調に推移していくことが見込まれております。」
公共工事請負金額の年度累計が110.8％となり、前回開示の109.1％から上昇している。公共投資・建設需要の堅調な見通しを再度、増加実績とともに示している。 - FY2026-H1AdvancedAnnual report
「For public investment, approximately ¥2.4 trillion in additional funds were included in the supplementary budget for the national general account budget for fiscal 2024, bringing the post-supplementary budget total to 1.4% above the previous fiscal year. The initial budget proposal for public works-related expenditures in the fiscal 2025 general account budget remains roughly at the previous fiscal year's level. Cumulative public works contract awards for the fiscal year were 109.1% of the year-earlier level, up ¥877 billion, and are expected to remain firm going forward.」
Cumulative public works contract awards for the fiscal year were 109.1% of the year-earlier level, up from 103.2% in FY2025. The post-supplementary budget was also 1.4% above the previous fiscal year, supporting the outlook for public investment and construction demand to remain firm. - FY2025RestatedAnnual report
「An additional approximately ¥2.4 trillion was included in the supplementary budget for the national general account budget for fiscal 2024, bringing the post-supplementary budget total to 1.4% above the previous fiscal year. The initial budget proposal for public works-related expenditures in the fiscal 2025 general account budget is roughly at the previous fiscal year's level. Cumulative public works contract awards for the fiscal year were 103.2% of the year-earlier level, up ¥464 billion, and are expected to remain firm going forward.」
For public investment, approximately ¥2.4 trillion in additional budget measures, a 1.4% increase over the previous fiscal year after the supplementary budget, and public works contract awards at 103.2% of the year-earlier level reaffirm the outlook for construction demand to remain firm. - FY2025-H1AdvancedAnnual report
「Meanwhile, approximately ¥2.2 trillion in budget measures were included in the supplementary budget for the national general account budget for fiscal 2023, bringing the post-supplementary budget total to 2.5% above the previous fiscal year. The initial budget for public investment-related expenditures in the fiscal 2024 general account budget is roughly in line with the previous fiscal year. As cumulative public works contract awards for the fiscal year were 106.0% of the year-earlier level, up ¥545 billion, they are expected to remain firm, together with the effects of the supplementary budget.」
The post-supplementary budget for public works-related expenditures was 2.5% above the previous fiscal year, and cumulative public works contract awards for the fiscal year were 106.0% of the year-earlier level. Improving further from 105.3% in the previous period, these results support the firm outlook for public investment and construction demand. The fiscal 2024 initial budget is roughly at the previous fiscal year's level. - FY2024AdvancedAnnual report
「Public works contract awards were 105.3% of the year-earlier level, up ¥746 billion, and are expected to remain firm, together with the effects of the supplementary budget.」
Approximately ¥2.2 trillion in measures were included in the fiscal 2023 supplementary budget, and public works contract awards were 105.3% of the year-earlier level. Improving from 99.6% in the previous fiscal year, these results support the firm outlook for public investment and construction demand. - FY2024-Q3AdvancedAnnual report
「Meanwhile, in addition to the initial budget for public investment-related expenditures in the fiscal 2023 general account budget, which was roughly in line with the previous fiscal year, approximately ¥2.2 trillion in budget measures were included in the supplementary budget for the national general account budget for fiscal 2023. Public works contract awards were 105.4% of the year-earlier level, up ¥597 billion, and are expected to remain firm, together with the effects of the supplementary budget.」
Approximately ¥2.2 trillion in measures were included in the fiscal 2023 supplementary budget, and public works contract awards were 105.4% of the year-earlier level. Improving from 104.6% in the previous quarter, these results support the firm outlook for public investment and construction demand. - FY2024-Q2RestatedAnnual report
「Public works contract awards were 104.6% of the year-earlier level, up ¥399 billion, and are expected to remain firm, together with the effects of executing related budgets.」
Public works contract awards were 104.6% of the year-earlier level, reaffirming the outlook for public investment and construction demand to remain firm, together with the effects of executing related budgets. - FY2024-Q1AdvancedAnnual report
「Public works contract awards were 107.1% of the year-earlier level, up ¥351 billion, and are expected to remain firm, together with the effects of executing related budgets.」
Public works contract awards were 107.1% of the year-earlier level, improving from 99.6% in the previous period. The outlook for public investment and construction demand to remain firm is supported by the increase in contract awards. - FY2023RestatedAnnual report
「For public investment, budget measures of approximately ¥2 trillion were included in the supplementary budget for the national general account budget for fiscal 2022, while the initial budget for public investment-related expenditures in the fiscal 2023 general account budget was roughly in line with the previous fiscal year. Although public works contract awards were 99.6% of the year-earlier level, down ¥56 billion, they are expected to remain firm overall, partly due to the effects of the supplementary budget.」
Against the backdrop of approximately ¥2 trillion in supplementary budget measures and public investment-related expenditures at roughly the previous fiscal year's level, the outlook indicates that public investment will remain firm. - FY2023-Q3RestatedAnnual report
「Meanwhile, approximately ¥2.0 trillion in budget measures were included in the supplementary budget for the national general account budget for fiscal 2022, and the initial budget proposal for public investment-related expenditures in the fiscal 2023 general account budget is roughly in line with the previous fiscal year. Although public works contract awards were 96.2% of the year-earlier level, down ¥430 billion, they are expected to remain firm overall, partly due to the effects of the supplementary budget.」
For public investment, approximately ¥2.0 trillion in supplementary budget measures and public investment-related expenditures at roughly the previous fiscal year's level were reported. Although public works contract awards fell to 96.2% of the year-earlier level, the outlook for them to remain firm was reaffirmed, supported by the effects of the supplementary budget. - FY2023-Q2RestatedAnnual report
「Meanwhile, public investment-related expenditures total approximately ¥7.7 trillion when the budget measures related to “ensuring safety and security, such as promoting disaster prevention, disaster mitigation and national resilience” included in the supplementary budget for the national general account budget for fiscal 2021 are combined with the fiscal 2022 initial budget, which secured a budget at the same level as the previous fiscal year. Although public works contract awards were 96.7% of the year-earlier level, down ¥290 billion, public investment is expected to remain firm overall, partly due to the effects of executing related budgets.」
Against the backdrop of approximately ¥7.7 trillion in public investment-related expenditures, public works contract awards were 96.7% of the year-earlier level, but the outlook for public investment to remain firm was reaffirmed, supported by the effects of executing related budgets. - FY2023-Q1RestatedAnnual report
「Meanwhile, public investment-related expenditures total approximately ¥7.7 trillion when the budget measures related to “ensuring safety and security, such as promoting disaster prevention, disaster mitigation and national resilience” included in the supplementary budget for the national general account budget for fiscal 2021 are combined with the fiscal 2022 initial budget, which secured a budget at the same level as the previous fiscal year. Although public works contract awards were 95.6% of the year-earlier level, down ¥230 billion, public investment is expected to remain firm overall, partly due to the effects of the supplementary budget.」
Public investment-related expenditures totaled approximately ¥7.7 trillion, while public works contract awards were 95.6% of the year-earlier level. Although contract awards declined, the outlook for public investment to remain firm was reaffirmed, supported by the effects of the supplementary budget. - FY2022-Q3RestatedAnnual report
「Meanwhile, public investment includes approximately ¥1.2 trillion in budget measures in the supplementary budget for the national general account budget for fiscal 2021, including measures to “ensure safety and security, such as promoting disaster prevention, disaster mitigation and national resilience.” The fiscal 2022 initial budget proposal is expected to total approximately ¥6.1 trillion, roughly in line with the previous fiscal year. As the overall level remains high, as it did last year, the effects of executing the supplementary budget are expected to emerge, although demand is expected to trend somewhat weaker.」
Public investment remains high, supported by approximately ¥1.2 trillion in supplementary budget measures and an initial budget proposal of approximately ¥6.1 trillion, while the outlook for demand to trend somewhat weaker has been maintained. - FY2022-Q2WorsenedAnnual report
「Meanwhile, public investment-related expenditures total ¥8.5 trillion, roughly in line with the previous fiscal year, when the approximately ¥2.4 trillion in budget measures included in the supplementary budget for the national general account budget for fiscal 2020 is combined with the fiscal 2021 general account budget, which secured a budget at the same level as the previous fiscal year. Overall spending remains high and the effects of executing the budget are expected to emerge, but public works contract awards were 88.0% of the year-earlier level, down ¥520 billion, and are expected to trend somewhat weaker.」
While public investment-related expenditures remain high at ¥8.5 trillion, public works contract awards fell to 88.0% of the year-earlier level, prompting a revision of the construction demand outlook from firm in the previous quarter to somewhat weaker. - FY2022-Q1RestatedAnnual report
「Meanwhile, public investment-related expenditures total ¥8.5 trillion, roughly in line with the previous fiscal year, when the approximately ¥2.4 trillion in budget measures included in the supplementary budget for the national general account budget for fiscal 2020 is combined with the fiscal 2021 general account budget, which secured a budget at the same level as the previous fiscal year. Although public works contract awards were 97.8% of the year-earlier level, down ¥110 billion year on year, they remain at a high level, and are expected to remain firm as the effects of executing the budget emerge.」
The latest data, including ¥8.5 trillion in public investment-related expenditures and public works contract awards at 97.8% of the year-earlier level, reaffirm the outlook for construction demand to remain firm. - FY2021First statedAnnual report
「The public investment market continues to see projects involving disaster prevention and mitigation, measures to address aging infrastructure with a view to the future, the steady development of new Shinkansen lines and the Chuo Shinkansen maglev project, and major renewal and four-lane expansion projects on expressways nationwide. Construction demand is expected to remain firm going forward.」
Disaster prevention and mitigation, measures to address aging infrastructure, and expressway renewal are cited as factors underpinning construction demand.