Risk of Declining Orders and Prices Due to Uncertainty and Intensifying Competition in the Construction Market
First written in FY2016. 12 of 35 entries say "Restated". Latest entry: 2026-10-30.
Sanko Metal Industrial 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 2020: 34 of 62 companies on the "Worse" side.
15 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「From March 2025 to February 2026, nationwide floor area starts for non-residential steel-frame buildings fell 4.8% year on year, while floor area starts for factories and warehouses related to the Company's construction projects fell 11.9% year on year, with both categories remaining on a downward trend.」
From the bottoming out and broadly flat trend indicated in the previous filing, nationwide demand and demand for factories and warehouses related to the Company fell 4.8% and 11.9%, respectively, indicating a deterioration in the demand environment. - 2026-06-03WorsenedGeneral Meetings of Shareholders
「全国非住宅鉄骨造着工床面積は、前期比4.8%減少、全国非住宅鉄骨造着工床面積のうち、当社工事物件に関係する工場・倉庫においては前期比11.9%減少といずれも減少基調で推移しました。」
前回開示後も、全国および当社工事物件に関係する工場・倉庫の着工床面積が減少基調で推移したと記載している。 - FY2026-H1MitigatedAnnual report
「The nationwide floor area starts for non-residential steel-frame buildings that formed the basis for demand during the fiscal year increased 2.3% year on year in fiscal 2023-2024 (October 2023-September 2024) on an application basis. Within this total, floor area starts for factories and warehouses related to the Company's construction projects fell 0.5% year on year, remaining broadly flat.」
Nationwide floor area starts for non-residential steel-frame buildings increased 2.3% year on year, while floor area starts for factories and warehouses related to the Company's construction projects fell 0.5%, remaining broadly flat. From the sharp decline in demand indicated in the previous filing, the demand environment is described as having improved or bottomed out. - FY2025-H1WorsenedAnnual report
「The nationwide floor area starts for non-residential steel-frame buildings that formed the basis for demand during the fiscal year fell 19.1% year on year in fiscal 2022-2023 (October 2022-September 2023) on an application basis. Within this total, floor area starts for factories and warehouses related to the Company's construction projects fell 21.5% year on year, and the downward trend continued.」
Nationwide floor area starts for non-residential steel-frame buildings fell 19.1% year on year, while floor area starts for factories and warehouses related to the Company's construction projects also fell 21.5%, indicating a deterioration in the demand environment. - FY2024WorsenedAnnual report
「If the contraction of the construction market continues and order prices decline as competition for orders intensifies, this may affect the Company's results.」
Regarding the previously identified risks of uncertainty in the construction market and intensifying competition, it identifies continued contraction of the construction market, intensifying competition for orders, and falling order prices as risks. Strengthening differentiated products, construction capabilities, and construction management capabilities is cited as a response. - FY2024-Q3WorsenedAnnual report
「The nationwide floor area starts for non-residential steel-frame buildings that formed the basis for demand during the fiscal year fell 6.7% year on year in fiscal 2022 (January-December 2022) on an application basis. Within this total, floor area starts for factories and warehouses related to the Company's construction projects increased 2.9% year on year, marking a turning point at which the demand environment, which had been on a recovery trend through the second quarter, began to decline.」
It states that nationwide demand fell 6.7% from the recovery trend indicated in the previous filing, marking a turning point at which the demand environment began to decline. Meanwhile, factories and warehouses related to the Company increased 2.9%. - FY2024-Q2MitigatedAnnual report
「The nationwide floor area starts for non-residential steel-frame buildings that formed the basis for demand during the fiscal year increased 10.2% year on year in fiscal 2021-2022 (October 2021-September 2022) on an application basis. Within this total, floor area starts for factories and warehouses related to the Company's construction projects increased 25.5% year on year, and the recovery trend continued.」
It states that nationwide floor area starts and floor area starts for non-residential steel-frame buildings at factories and warehouses related to the Company's construction projects exceeded the year-earlier period, and that the recovery trend in construction demand is continuing. - FY2024-Q1MitigatedAnnual report
「The nationwide floor area starts for non-residential steel-frame buildings that formed the basis for demand during the fiscal year increased 8.7% year on year in fiscal 2021-2022 (July 2021-June 2022) on an application basis. Within this total, floor area starts for factories and warehouses related to the Company's construction projects increased 19.9% year on year, indicating that the recovery trend was continuing, while material prices remained elevated.」
It states that construction demand, which had turned downward in the previous fiscal year, was on a continuing recovery trend, with nationwide floor area starts for non-residential steel-frame buildings up 8.7% and floor area starts for factories and warehouses related to the Company's construction projects up 19.9%. - FY2023WorsenedAnnual report
「Construction demand increased, with nationwide floor area starts for non-residential steel-frame buildings rising 8% year on year in fiscal 2020 and 13% in fiscal 2021 on an application basis, but declined 8% in fiscal 2022. Within this total, floor area starts for factories and warehouses related to the Company's construction projects also increased 4% and 22%, respectively, before declining 4% in fiscal 2022.」
Construction demand, which had been considered to be on a recovery trend through the previous fiscal year, turned downward in fiscal 2022 both nationwide and for the Company's related properties, quantitatively indicating a deterioration in the demand environment. - FY2023-Q3MitigatedAnnual report
「The nationwide floor area starts for non-residential steel-frame buildings that formed the basis for demand during the fiscal year increased 17.0% year on year in fiscal 2021 on an application basis. Within this total, floor area starts for factories and warehouses related to the Company's construction projects increased 25.7% year on year, indicating a recovery.」
It states that nationwide floor area starts for non-residential steel-frame buildings increased 17.0% year on year and floor area starts for factories and warehouses related to the Company's construction projects increased 25.7%, indicating that the recovery in construction demand is continuing. - FY2023-Q2MitigatedAnnual report
「The nationwide floor area starts for non-residential steel-frame buildings that formed the basis for demand during the fiscal year fell 7.8% year on year in fiscal 2020 and increased 12.9% in fiscal 2021, on an application basis. Within this total, floor area starts for factories and warehouses related to the Company's construction projects fell 4% year on year in fiscal 2020 and increased 22% in fiscal 2021, indicating a recovery through fiscal 2021.」
Nationwide floor area starts and floor area starts for factories and warehouses related to the Company's construction projects, which had declined in fiscal 2020, increased 12.9% and 22%, respectively, in fiscal 2021, indicating a recovery. - FY2023-Q1Decline in nationwide demand and increase in related demandAnnual report
「Construction demand during the fiscal year remained on a recovery trend. Nationwide floor area starts for non-residential steel-frame buildings fell 5.8% year on year on an application basis in April-May 2022, while floor area starts for factories and warehouses related to the Company's construction projects increased 9.9% year on year.」
It states that nationwide floor area starts for non-residential steel-frame buildings fell 5.8% year on year, while floor area starts for factories and warehouses related to the Company's construction projects increased 9.9%, and that construction demand remained on a recovery trend. - FY2022MitigatedAnnual report
「Construction demand declined for 2 consecutive years, with nationwide floor area starts for non-residential steel-frame buildings falling 12% year on year in fiscal 2019 and 8% in fiscal 2020 on an application basis, before turning upward by 13% in fiscal 2021. Within this total, floor area starts for factories and warehouses related to the Company's construction projects also declined for 2 consecutive years, by 12% and 4%, respectively, before turning upward by 22% in fiscal 2021.」
Construction demand, which had declined through the previous fiscal year, turned to a recovery in fiscal 2021, increasing 13% nationwide and 22% for factories and warehouses related to the Company's construction projects. - FY2022-Q3MitigatedAnnual report
「Construction demand during the fiscal year was on a recovery trend, with nationwide floor area starts for non-residential steel-frame buildings increasing 16.5% year on year on an application basis in April-November 2021, while floor area starts for factories and warehouses related to the Company's construction projects also increased 19.5% year on year.」
It states that floor area starts nationwide and for factories and warehouses related to the Company's construction projects exceeded the year-earlier period, and that the recovery trend in construction demand is continuing. - FY2022-Q2MitigatedAnnual report
「Construction demand during the fiscal year was on a recovery trend, with nationwide floor area starts for non-residential steel-frame buildings increasing 9.4% year on year on an application basis in April-August 2021, while floor area starts for factories and warehouses related to the Company's construction projects also increased 8.3% year on year.」
It states that construction demand was on a recovery trend, with nationwide floor area starts for non-residential steel-frame buildings up 9.4% year on year and floor area starts for factories and warehouses related to the Company's construction projects up 8.3%. - FY2022-Q1MitigatedAnnual report
「Construction demand during the fiscal year was on a recovery trend, with nationwide floor area starts for non-residential steel-frame buildings increasing 11% year on year on an application basis in April-May 2021, while floor area starts for factories and warehouses related to the Company's construction projects also increased 11% year on year.」
Regarding construction demand, which had previously been expected to remain challenging, it states that floor area starts nationwide and for factories and warehouses related to the Company's construction projects increased 11% year on year, indicating a recovery trend. - FY2021WorsenedAnnual report
「In fiscal 2020, nationwide floor area starts for non-residential steel-frame buildings fell 8% year on year on an application basis. Within this total, floor area starts for factories and warehouses related to the Company's construction projects also fell 4% year on year.」
It quantitatively states that nationwide floor area starts for non-residential steel-frame buildings, as well as floor area starts for factories and warehouses related to the Company's construction projects, were below the previous year. - FY2021-Q3WorsenedAnnual report
「Meanwhile, the environment surrounding the construction industry is expected to remain difficult for the time being. The outlook for construction investment in fiscal 2020 was down 3.4% year on year, while the floor area of starts for non-residential steel-frame buildings nationwide from April to November 2020 declined approximately 13.1% year on year. Within this total, the floor area of starts for factories and warehouses related to the company's construction projects also declined 10.7% year on year.」
The company cites a 3.4% decline in the outlook for construction investment, an approximately 13.1% decline in the floor area of starts for non-residential steel-frame buildings nationwide, and a 10.7% decline for factories and warehouses related to the company's construction projects, and states that difficult conditions in the construction market are expected to continue. - FY2021-Q2WorsenedAnnual report
「Meanwhile, the environment surrounding the construction industry is expected to remain difficult for the time being. The outlook for construction investment in fiscal 2020 was down 3.4% year on year. Although the floor area of starts for non-residential steel-frame buildings in Japan remained firm in some segments, such as warehouses, with a 15.0% increase year on year, it declined 15.7% overall.」
The company cites a 3.4% decline in the outlook for construction investment and a 15.7% overall decline in the floor area of starts for non-residential steel-frame buildings in Japan, and states that difficult conditions in the construction market are expected to continue. - FY2021-Q1WorsenedAnnual report
「Looking ahead, in addition to the declining trend in the floor area of starts for non-residential steel-frame buildings in Japan, no fundamental measures to address the novel coronavirus disease have become apparent, and difficult conditions are expected to continue for the time being.」
In addition to the previously noted uncertainty in the construction market, the company explicitly cites the declining trend in the floor area of starts for non-residential steel-frame buildings in Japan and the impact of COVID-19, emphasizing the difficult conditions in the construction demand environment. - FY2020RestatedAnnual report
「In the roofing business, order competition is expected to become increasingly intense amid an uncertain outlook for the construction market. The resulting decline in order prices and order volume may affect the company's business performance.」
The company continues to describe the risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2018RestatedAnnual report
「Regarding conditions in the construction market in the following fiscal year, competition is expected to become increasingly intense amid an uncertain outlook. The resulting decline in order prices and order volume may affect the company's business performance.」
The company has continued to disclose the same risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of uncertainty in the construction market and intensifying competition, which could lead to lower order prices and order volume. - FY2017RestatedAnnual report
「Regarding conditions in the construction market in the following consolidated fiscal year, competition is expected to become increasingly intense amid an uncertain outlook. The resulting decline in order prices and order volume may affect the group's business performance.」
The company has continued to disclose the same risks of uncertainty in the construction market, intensifying competition, lower order prices and lower order volume. - FY2016First statedAnnual report
「Regarding conditions in the construction market in the following consolidated fiscal year, competition is expected to become increasingly intense amid an uncertain outlook. The resulting decline in order prices and order volume may affect the group's business performance.」
The company identifies intensifying competition, lower order prices and lower order volume as market-environment risks for the following consolidated fiscal year.