Komori
Tomoe (1921) · RiskReframedLatest Revisions to earnings forecasts (2026-11-05): "Materialised"

Timing slippage in construction handovers

First written in FY2017-Q1. 1 of 4 entries say "Restated". Latest entry: 2026-11-05.

4entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q1 – FY2018-Q12016: 120162017: 120172018: 020182019: 020192020: 020202021: 020212022: 020222023: 020232024: 020242025: 020252026: 22026
Same theme, other companies
Delayed revenue recognition due to delays in starting constructionA theme 54 companies write about · 58 as a headwind · 0 as a tailwind

Tomoe moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).

The whole theme swung hardest in 2026: 14 of 28 companies on the "Worse" side.

15 other companies' latest entry also says "Materialised".

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 54 companies compared. The sentences above are computed from all 54.
Full recordFilings, disclosures and news, newest first
  1. 2026-11-05MaterialisedRevisions to earnings forecasts

    「Net sales are expected to be ¥400 million below the previous forecast, mainly due to delays in the progress of certain steel construction projects in the steel structure construction business.」

    Delays in the progress of certain steel construction projects were specifically cited as a reason for the downward revision to the net sales forecast.
  2. FY2026ReframedAnnual report

    「The situation remains challenging and uncertain, with the start of scheduled construction projects being pushed back, among other factors.」

    In addition to the previous shifts in handover timing, delays in the start of scheduled construction projects were identified as a concern in the business environment.
  3. FY2018-Q1RestatedAnnual report

    「The Steel Structures Construction business generated net sales of ¥1,650 million (¥1,529 million in the same period of the previous year), mainly because handover of some projects scheduled for completion during the six-month period ended the first quarter was postponed until the period ended the second quarter or later.」

    The timing shift remains evident in the continued postponement of handover for some projects scheduled for completion until the second quarter or later.
  4. FY2017-Q1First statedAnnual report

    「The Steel Structures Construction business generated net sales of ¥1,529 million (¥5,031 million in the same period of the previous year), mainly because handover of some projects scheduled to generate sales during the six-month period ended the first quarter was postponed until the period ended the second quarter or later.」

    For some of the planned projects, handover, which leads to revenue recognition, was pushed back to the following quarter or later.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Tomoe's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-11-05: "Materialised".
News
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