Decline in Orders Due to Cuts in Public Works and Lower Private-Sector Capital Investment
First written in FY2016. 22 of 28 entries say "Restated". Latest entry: 2026-08-06.
Sata Construction 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: 22 of 40 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
- 2026-08-06RestatedResults
「安定的な公共投資を下支えとして一定の需要が見込まれるものの、世界経済の減速懸念を背景に、民間設備投資を中心として建設需要が弱含む可能性があります。」
公共投資による一定需要を認めつつ、世界経済の減速懸念を背景とする民間設備投資及び建設需要の弱含み可能性を継続して示している。 - FY2026WorsenedAnnual report
「In the construction industry, a certain level of demand is expected, supported by stable public investment. However, construction demand, particularly private-sector capital investment, may weaken against a backdrop of concerns over a slowdown in the global economy stemming from the situation in the Middle East.」
While acknowledging a certain level of demand from public investment, the disclosure newly identifies the possibility that construction demand, particularly private-sector capital investment, may weaken against a backdrop of the situation in the Middle East. - 2026-05-11WorsenedResults
「また、中東情勢に起因する世界経済の減速懸念を背景として、民間設備投資を中心に建設需要が弱含む可能性があります。」
前回までの民間設備投資の回復・増加基調に対し、今後は建設需要が弱含む可能性を示している。 - FY2026-H1RestatedAnnual report
「In the construction industry, activity is on an upward trend, supported by stable public investment and recovering private-sector capital investment.」
The recognition that public investment is stable and private-sector capital investment is recovering and on an upward trend continues. - FY2024-Q3SoftenedAnnual report
「In the construction industry, activity is on an upward trend, supported by stable public investment and recovering private-sector capital investment.」
Regarding the existing risk of cuts in public works and lower private-sector capital investment, the disclosure indicates that public investment is stable and private-sector capital investment is recovering and on an upward trend. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the main risks. - FY2023RestatedAnnual report
「If cuts in public works exceed expectations or changes in economic conditions lead to a further decline in private-sector capital investment, this could affect business performance.」
The disclosure continues to identify the risk of an impact on construction-market business performance from cuts in public works and lower private-sector capital investment. - FY2023-Q3WorsenedAnnual report
「Private-sector capital investment showed a tendency to be deferred, partly due to surging raw material prices.」
In connection with the existing risk of lower private-sector capital investment, the disclosure identifies the tendency to defer capital investment due to surging raw material prices as part of the outlook. - FY2023-Q1WorsenedAnnual report
「Private-sector capital investment showed a tendency to be deferred, partly due to surging raw material prices.」
In connection with the existing risk of cuts in public works and lower private-sector capital investment, the disclosure identifies the tendency to defer private-sector capital investment due to surging raw material prices as an actual outlook. - FY2022RestatedAnnual report
「If cuts in public works exceed expectations or changes in economic conditions lead to a further decline in private-sector capital investment, this could affect business performance.」
The disclosure continues to identify the risk of an impact on construction-market business performance from cuts in public works and lower private-sector capital investment. - FY2022-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2021RestatedAnnual report
「If cuts in public works exceed expectations or changes in economic conditions lead to a further decline in private-sector capital investment, this could affect business performance.」
The disclosure continues to identify risks to the construction market from cuts in public works and lower private-sector capital investment. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2021-Q2RestatedAnnual report
「During the first 2 quarters of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2020-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2019RestatedAnnual report
「If cuts in public works exceed expectations or changes in economic conditions lead to a further decline in private-sector capital investment, this could affect business performance. Consolidated orders received are ¥30,000 million for the fiscal year ending March 2020 (forecast) and ¥35,779 million for the fiscal year ended March 2019 (actual), down 16.2% year on year.」
The disclosure continues to identify the risk of lower orders due to cuts in public works and lower private-sector capital investment and forecasts consolidated orders received in the following fiscal year at 16.2% below the previous fiscal year's result. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2019-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2018RestatedAnnual report
「If cuts in public works exceed expectations or changes in economic conditions lead to a further decline in private-sector capital investment, this could affect business performance.」
The disclosure continues to identify the risk of an impact on business performance from cuts in public works and lower private-sector capital investment. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2018-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2017RestatedAnnual report
「If cuts in public works exceed expectations or changes in economic conditions lead to a further decline in private-sector capital investment, this could affect business performance. Orders received: fiscal year ending March 2019 (forecast), ¥31,100 million; fiscal year ended March 2018 (actual), ¥37,419 million; down 16.9% year on year」
The disclosure continues to identify the risk of lower orders due to cuts in public works and lower private-sector capital investment and forecasts orders received in the following fiscal year at 16.9% below the previous fiscal year's actual result. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to existing business and other risks, including cuts in public works and lower private-sector capital investment. - FY2017-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
The document states that there were no material changes to the business and other risks described in the previous fiscal year. - FY2016First statedAnnual report
「If cuts in public works exceed expectations or changes in economic conditions lead to a further decline in private-sector capital investment, this could affect business performance. Orders received: fiscal year ending March 2018 (forecast), consolidated ¥31,000 million; fiscal year ended March 2017 (actual), ¥33,080 million; down 6.3% year on year」
The disclosure identifies the possibility of cuts in public works and lower private-sector capital investment as business performance risks and provides a numerical forecast for orders received in the following fiscal year.