Decline in orders received due to intensifying price competition and other factors
First written in FY2022-Q3. 2 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 40 of 87 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Order intake declined by a total of ¥3,914 million from the previous fiscal year to ¥24,689 million, a decrease of 13.7% year on year, due to delays in the timing of construction orders and price competition, among other factors.」
The company continues to identify delays in the timing of construction orders and price competition, among other factors, as causes of the decline in order intake. - FY2023-Q3RestatedAnnual report
「As a result, order intake declined by ¥2,755 million from the same quarter of the previous year to ¥16,810 million, a decrease of 14.1% year on year, due to delays in the timing of construction orders and price competition, among other factors.」
The company continues to identify price competition and other factors as causes of the decline in order intake, and reports that order intake decreased 14.1% year on year. - FY2023-Q1ReframedAnnual report
「Low-margin construction projects won amid severe price competition, among other factors, pushed down gross profit.」
The price competition previously cited as a cause of the decline in order intake is described this quarter as low-margin construction projects won amid price competition having affected gross profit and operating profit or loss. - FY2022DroppedAnnual reportThis Securities Report does not repeat the previous quarter's statement identifying intensified price competition and other factors as direct causes of the decline in order intake.
- FY2022-Q3First statedAnnual report
「Order intake declined by ¥1,523 million from the same quarter of the previous year to ¥19,565 million, a decrease of 7.2% year on year, due to intensified price competition and other factors.」
The company identifies intensified price competition and other factors as causes of the decline in order intake for the first time, and reports that order intake decreased 7.2% year on year.