Komori
Yondenko (1939) · RiskRestated

Contraction of the Construction Market and Intensifying Competition for Orders

First written in FY2016. 23 of 26 entries say "Restated". Latest entry: FY2026-H1.

26entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2020-Q3RestatedFY2021-Q3 – FY2026-H12016: 320162017: 420172018: 420182019: 420192020: 220202021: 320212022: 120222023: 220232024: 220242025: 12025
Same theme, other companies
Intensifying competition against the backdrop of contraction in Japan's domestic construction marketA theme 10 companies write about · 10 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 4 of 8 companies on the "Worse" side.

6 other companies' latest entry also says "Restated".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「① Trends in capital investment and general construction investment by the Shikoku Electric Power Group, a major business partner」

    Risks relating to the construction market, general construction investment and the competitive environment continue to be described under the same item as capital investment by the Shikoku Electric Power Group.
  2. FY2025-H1RestatedAnnual report

    「① Trends in capital investment and general construction investment by the Shikoku Electric Power Group, a major business partner」

    Risks relating to general construction investment and the competitive environment continue to be described under the same item as capital investment by the Shikoku Electric Power Group.
  3. FY2024-Q3RestatedAnnual report

    「① Trends in capital investment and general construction investment by the Shikoku Electric Power Group, a major business partner」

    Risks relating to the construction market, general construction investment and the competitive environment continue to be described under the same item as capital investment by the Shikoku Electric Power Group.
  4. FY2024-Q1RestatedAnnual report

    「① Trends in capital investment and general construction investment by the Shikoku Electric Power Group, a major business partner」

    Risks relating to the construction market, general construction investment and the competitive environment continue to be described under the same item as capital investment by the Shikoku Electric Power Group.
  5. FY2023-Q3RestatedAnnual report

    「① Trends in capital investment and general construction investment by the Shikoku Electric Power Group, a major business partner」

    Risks relating to the construction market, general construction investment and the competitive environment continue to be described under the same item as capital investment by the Shikoku Electric Power Group.
  6. FY2022RestatedAnnual report

    「In addition, the contraction of general construction investment and intensifying competition for orders may lower contract prices and deteriorate project profitability.」

    The company continues to describe the risks of shrinking general construction investment, competition for orders, lower contract prices and deteriorating project profitability.
  7. FY2022-Q2RestatedAnnual report

    「① Trends in capital investment and general construction investment by the Shikoku Electric Power Group, a major business partner」

    Risks relating to the construction market, general construction investment and the competitive environment continue to be described under the same item as capital investment by the Shikoku Electric Power Group.
  8. FY2022-Q1RestatedAnnual report

    「① Trends in capital investment and general construction investment by the Shikoku Electric Power Group, a major business partner」

    Risks relating to the construction market and trends in general construction investment continue to be described under the same item as capital investment by the Shikoku Electric Power Group.
  9. FY2021-Q3RestatedAnnual report

    「① Trends in capital investment and general construction investment by the Shikoku Electric Power Group, a major business partner」

    Risks relating to the construction market and competitive environment continue to be described as trends in general construction investment, together with capital investment by the Shikoku Electric Power Group.
  10. FY2021-Q1ReframedAnnual report

    「① Trends in capital investment and general construction investment by the Shikoku Electric Power Group, a major business partner」

    Risks relating to the construction market and competitive environment are described not as a separate item, but as trends in general construction investment, together with capital investment by the Shikoku Electric Power Group.
  11. FY2020-Q3RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  12. FY2020-Q2RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  13. FY2020-Q1RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  14. FY2019RestatedAnnual report

    「The contraction of the construction market and intensifying competition for orders may lower contract prices and deteriorate project profitability.」

    The company continues to describe the risks of a shrinking construction market, competition for orders, lower contract prices and deteriorating project profitability.
  15. FY2019-Q3RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  16. FY2019-Q2RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  17. FY2019-Q1RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  18. FY2018RestatedAnnual report

    「The contraction of the construction market and intensifying competition for orders may lower contract prices and deteriorate project profitability.」

    The company continues to describe the risks of a shrinking construction market, competition for orders, lower contract prices and deteriorating project profitability.
  19. FY2018-Q3RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks. It states that there have been no significant changes.
  20. FY2018-Q2RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  21. FY2018-Q1RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  22. FY2017WorsenedAnnual report

    「In the near term, the Group's business environment is expected to remain difficult: although construction demand, particularly demand related to the Tokyo Olympics boom, is expected to remain strong, electricity-related construction is expected to remain at a low level, while project profitability is likely to deteriorate because of labour shortages and soaring construction material prices. Over the medium to long term, the market is expected to shrink as a result of the declining birth rate, an ageing population and the maturation of the economic and social environment, while structural changes are expected to accompany electricity system reforms.」

    While acknowledging strong short-term construction demand, the company has broadened its risk assessment to include the low level of electricity-related construction, medium- to long-term market contraction and structural changes resulting from electricity system reforms.
  23. FY2017-Q3RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  24. FY2017-Q2RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  25. FY2017-Q1RestatedAnnual report

    「② Trends in general construction investment (construction market conditions, competitive environment, etc.)」

    The company continues to recognise trends in general construction investment, the construction market and the competitive environment as risks.
  26. FY2016First statedAnnual report

    「The contraction of the construction market and intensifying competition for orders may lower contract prices and deteriorate project profitability.」

    The company identifies lower contract prices and deteriorating project profitability resulting from the shrinking construction market and intensifying competition for orders as risks.
Moved together

"Rising Materials Prices and Labor Costs and Labor Shortages" moved the same way as this thread, in the same document, in 2 of its 26 moves.

22★12
  1. ★This thread
  2. 1Rising Materials Prices and Labor Costs and Labor Shortages2×
  3. 2Dependence on Shikoku Electric Power as a Major Customer and Trading Partner2×

★ 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
Yondenko's next results are scheduled for 2026-10-30. Read the earnings preview
News
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