Weak Demand for Asphalt Mix
First written in FY2017-Q3. 2 of 7 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Other".
- FY2024Declining trend in product demand restatedAnnual report
「In the paving materials manufacturing and sales business, the business environment was challenging as high raw material prices and the declining trend in product demand continued, but」
After a previous interruption in the description of sluggish demand for asphalt mixtures and products, the company again explicitly stated that the declining trend in product demand was continuing. - FY2020-Q1DroppedAnnual reportThe business environment during the quarter is described as having resilient construction demand and fluctuations in raw material prices, but no explicit reference to sluggish or stagnant demand for asphalt mixtures or products can be identified.
- FY2019Stagnant demand restatedAnnual report
「Although product demand remained stagnant, sales increased to ¥2,588 million, up 3.6% from the previous consolidated fiscal year, as the company focused on expanding sales volumes. However, operating profit fell 13.8% to ¥293.7 million due to factors including higher purchase prices for asphalt, a key material.」
The FY2019 annual report again explicitly stated that product demand in the paving materials manufacturing and sales business remained stagnant. - FY2019-Q3DroppedAnnual reportThe description of the business environment during the quarter contains no explicit reference to sluggish demand for asphalt mixtures, with fluctuations in raw material prices identified as the main concern.
- FY2018-Q1RestatedAnnual report
「Although demand for asphalt mixtures in the road construction industry remained at a low level, the business environment generally remained firm as both public investment and private-sector capital investment held up.」
While reiterating that demand for asphalt mixtures remains at a low level, the company describes public investment and private-sector capital investment as resilient. - FY2017RestatedAnnual report
「Although demand for asphalt mixtures remained stagnant in the road construction industry, the business environment generally remained firm, supported by solid public investment and signs of a recovery in private-sector capital investment.」
While stating that demand for asphalt mixtures remains stagnant, the company describes public investment and private-sector capital investment as solid or recovering. - FY2017-Q3First statedAnnual report
「The business environment remained challenging, owing to sluggish demand for asphalt mixtures used in paving materials and the upward trend in raw material prices caused by fluctuations in crude oil prices, among other factors.」
The company newly identifies sluggish demand for asphalt mixtures in its paving materials manufacturing and sales business as part of the business environment during the quarter.