Decline in order intake following a surge in orders for large-scale construction projects
First written in FY2018. 1 of 4 entries say "Reframed", first in FY2019. Latest entry: FY2021.
The whole theme swung hardest in 2019: 4 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2021Recovery from the decline following the pull-forward in demandAnnual report
「Due in part to recovery from the decline following the pull-forward in demand ahead of the consumption tax increase, orders increased by ¥5,989 million from the previous consolidated fiscal year to ¥29,608 million, up 25.4% year on year.」
The company cited recovery from the decline following pull-forward demand ahead of the consumption tax increase, which became apparent in the previous fiscal year, among the reasons for the increase in orders. - FY2020Decline in orders following the pull-forward in demand became apparentAnnual report
「The main reason for the decline in orders was the drop-off in pull-forward demand following the consumption tax rate increase.」
The company explained that the decline in building-related orders during the current fiscal year resulted from the reversal of the increase in orders caused by pull-forward demand in the previous fiscal year. - FY2019ReframedAnnual report
「The main reason for the increase in orders was the pull-forward in demand ahead of the consumption tax rate increase.」
The explanation for the change in orders has changed from a decline caused by the impact of large construction orders received in the previous fiscal year to an increase caused by pull-forward demand ahead of the consumption tax rate increase during the current fiscal year. - FY2018First statedAnnual report
「The main reason for the decline in orders was that large construction projects were received in the previous fiscal year in both the civil engineering and building-related businesses.」
The company attributed the decline in orders in the civil engineering and building-related businesses mainly to the impact of having received large construction orders in the previous fiscal year.