Komori
Toa (1885) · TargetDecline in overseas orders due to restraint on large-project orders

Gradual expansion of the overseas business

First written in FY2016. 4 of 11 entries say "Raised", first in FY2017. Latest entry: FY2027-H1.

11entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRaisedFY2017 – FY20252016: 120162017: 120172018: 020182019: 120192020: 020202021: 120212022: 020222023: 120232024: 120242025: 220252026: 32026
Same theme, other companies
Expanding the business through overseas market expansionA theme 79 companies write about · 0 as a headwind · 81 as a tailwind

The whole theme swung hardest in 2020: 8 of 60 companies on the "Worse" side.

5 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 79 companies compared. The sentences above are computed from all 79.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1Decline in overseas orders due to restraint on large-project ordersAnnual report

    「Revenue for the six-month period of the current fiscal year was ¥41,433 million, up 1.8% year on year, as large port construction projects in Southeast Asia and other regions progressed smoothly. Orders received by the company on a non-consolidated basis totaled ¥6,642 million, down 32.8% year on year, because no large projects had been planned for order intake in the first half of the current fiscal year.」

    Revenue from the overseas business increased as large port construction projects progressed, while orders received on a non-consolidated basis declined 32.8% year on year because no large projects had been planned for order intake in the first half.
  2. FY2026AdvancedAnnual report

    「We are engaged in marine civil engineering and other projects in Southeast Asia, Africa, South Asia and other regions. Revenue for the current consolidated fiscal year was ¥92,337 million, up 40.5% from the previous consolidated fiscal year, as construction progressed smoothly, mainly on large projects in Southeast Asia and Africa.」

    The overseas business continued to operate in the same regions, and revenue increased 40.5% as large projects progressed. Orders received on a non-consolidated basis declined due to the reaction to multiple large projects ordered in the previous fiscal year.
  3. 2026-05-13WorsenedResults

    「The Company will confirm and analyze the facts, formulate measures to prevent recurrence, and implement them thoroughly.」

    Following the serious accident, the Company has entered the stage of newly formulating and implementing measures to prevent recurrence in relation to companywide safety, quality and awareness of standards.
  4. FY2026-H1Decline in overseas orders due to prioritizing projects in handAnnual report

    「We are engaged in marine civil engineering and other projects in Southeast Asia, Africa, South Asia and other regions. Revenue for the six-month period of the current fiscal year was ¥40,701 million, up 56.6% year on year, as construction progressed smoothly, mainly on large projects in Southeast Asia and Africa. Orders received by the company on a non-consolidated basis declined 77.4% year on year to ¥9,882 million, as the policy during the six-month period was to prioritize construction of projects in hand.」

    Revenue from the overseas business increased as large projects progressed, while orders received on a non-consolidated basis declined 77.4% year on year due to the policy of prioritizing construction of projects in hand.
  5. FY2025AdvancedAnnual report

    「Orders received by the company on a non-consolidated basis totaled ¥119,548 million, up 56.2% from the previous consolidated fiscal year, due in part to the acquisition of multiple large projects in Southeast and South Asia.」

    Regarding the policy of expanding the scale of the overseas business, the company acquired multiple large projects in Southeast and South Asia, and orders received on a non-consolidated basis totaled ¥119,548 million, up 56.2% from the previous fiscal year.
  6. FY2025-H1AdvancedAnnual report

    「Orders received by the company on a non-consolidated basis totaled ¥43,816 million, up 65.3% year on year, due in part to the acquisition of multiple large projects in Southeast Asia.」

    Regarding the policy of expanding the scale of the overseas business, the company acquired multiple large projects in Southeast Asia, and orders received on a non-consolidated basis increased 65.3% year on year.
  7. FY2023RaisedAnnual report

    「(Overseas business)・Expand beyond ODA projects and promote further diversification by type of work・Strengthen the organization through collaboration with local construction companies and the contributions of national staff・Establish local subsidiaries to expand locally funded construction and building construction・Utilize PPP, design-build and buyers' credit」

    The overseas expansion policy broadened further from an ODA-centered approach to include non-ODA projects, diversification by type of work, collaboration with local construction companies, establishment of local subsidiaries, and PPP and design-build projects, among others.
  8. FY2021RaisedAnnual report

    「(Overseas business) – Expand and evolve the scale of operations」

    The previous policy of gradually expanding the overseas business was positioned in the new medium-term management plan as expanding and evolving the scale of the business, using more proactive wording.
  9. FY2019RaisedAnnual report

    「・Strengthening activities to win orders for specific large-scale projects ・Entering new countries in Asia, Africa and ODA projects」

    The overseas expansion policy broadened to include stronger efforts to win orders for specific large-scale projects and entry into new countries in Asia, Africa and ODA projects.
  10. FY2017RaisedAnnual report

    「Capturing infrastructure demand in emerging markets by strengthening activities under a sales policy focused on profit」

    The gradual expansion of the overseas business was presented as a more proactive growth policy, accompanied by a sales policy focused on profit and efforts to capture infrastructure demand in emerging markets.
  11. FY2016First statedAnnual report

    「In the overseas division, we will work toward gradual expansion of the scale of the business.」

    The policy is to expand gradually from a base in Southeast Asia, rather than pursue excessive expansion.
Moved together

"Expansion across 4 sectors based in Southeast Asia and stronger project management" moved the same way as this thread, in the same document, in 7 of its 11 moves.

766554★123456
  1. ★This thread
  2. 1Expansion across 4 sectors based in Southeast Asia and stronger project management7×
  3. 2Transparent, compliant, fair and reliable management6×
  4. 3Systematic Development of the Next Generation of Talent6×
  5. 4Securing construction volume and increasing the proportion of negotiated and design-build projects5×
  6. 5Leveraging the New Technology Research and Development Center and differentiating through technology5×
  7. 6Improving Capital Efficiency and Returning Value to Shareholders Through Share Repurchases4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Toa yet. It last moved in the Results of 2026-05-13: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Gradual expansion of the overseas business | TOA CORPORATION (1885) | Komori