Materials Business Risk from Fluctuations in Demand Related to Condominium Construction
First written in FY2017-Q2. 10 of 27 entries say "Restated". Latest entry: FY2026.
Shinyei Kaisha moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 36 of 53 companies on the "Worse" side.
22 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In Japan's housing construction-related market, condominium starts were declining, while sales in the Group's architectural hardware and materials business decreased in the Kinki region, resulting in lower revenue and profit.」
The decline in condominium starts coincided with lower architectural hardware and materials sales in the Kinki region, causing the risk to housing construction-related demand to worsen again. - 2026-05-14WorsenedEarnings
「集合住宅の着工件数が減少している中、当社グループの建築金物・資材分野では近畿圏での販売が減少し、売上・利益ともに減少しました。」
住宅建設関連では集合住宅着工件数と近畿圏販売が減少し、売上・利益の減少に至った。 - FY2026-H1WorsenedAnnual report
「In Japan's housing construction-related market, condominium starts were declining, while sales in the Group's architectural hardware and materials business decreased in the Kinki region, resulting in lower revenue and profit.」
Condominium starts began to decline, and sales of architectural hardware and materials in the Kinki region also decreased, resulting in lower revenue and profit. The risk to housing construction-related demand is worsening again. - FY2025Housing starts improved, but profit from building materials declinedAnnual report
「In Japan's housing construction-related market, condominium starts improved. In the Group's architectural hardware and materials business, architectural hardware remained firm and revenue increased, but profit declined due to higher expenses.」
While condominium starts improved and architectural hardware revenue increased, profit in the architectural hardware and materials business declined due to higher expenses. - FY2025-H1MitigatedAnnual report
「In Japan's housing construction-related market, condominium starts increased. In the Group's architectural hardware and materials business, both architectural hardware and imported glass remained firm, resulting in higher revenue, while profit was essentially flat.」
Architectural hardware and imported glass remained firm, supported by growth in condominium starts. The risk to housing construction-related demand eased somewhat, but profit was essentially flat. - FY2024Condominium starts show signs of weakening, but architectural hardware and imported glass remain firmAnnual report
「In Japan's housing construction-related market, condominium starts showed signs of weakening. In the Group's architectural hardware and materials business, both architectural hardware and imported glass remained firm, and continued margin improvement from pricing adjustments resulted in higher revenue and profit.」
Although condominium starts indicated a negative trend, sales of architectural hardware and imported glass and margins supported by pricing adjustments remained firm, resulting in higher revenue and profit in the related materials business. - FY2024-Q3MitigatedAnnual report
「In Japan's housing construction-related market, condominium starts showed signs of weakening. In the Group's architectural hardware and materials business, both architectural hardware and imported glass remained firm, and continued margin improvement from pricing adjustments resulted in higher revenue and profit.」
Although condominium starts showed signs of weakening, architectural hardware and imported glass both remained firm, and margin improvement from pricing adjustments continued. Revenue and profit increased in the architectural hardware and materials business, and demand risk eased somewhat. - FY2024-Q2WorsenedAnnual report
「In Japan's housing construction-related market, condominium starts showed signs of weakening. In the Group's architectural hardware and materials business, sales of architectural hardware increased, while imported glass sales declined, resulting in lower revenue. Profit increased as margin improvement from pricing adjustments continued.」
Condominium starts showed signs of weakening, and imported glass sales also declined, creating a negative factor for housing construction-related demand. Meanwhile, growth in architectural hardware and margin improvement from pricing adjustments supported profit. - FY2024-Q1MitigatedAnnual report
「In Japan's housing construction-related market, condominium starts showed signs of growth. In the Group's architectural hardware and materials business, sales of architectural hardware increased, while imported glass sales declined, resulting in a slight decrease in revenue. Profit increased, however, as pricing adjustments improved margins.」
Condominium starts showed signs of growth, and sales and profit from architectural hardware increased. Imported glass declined, but margins have improved through pricing adjustments, and the risk to housing construction-related demand has eased somewhat. - FY2023-Q3RestatedAnnual report
「In Japan's housing construction-related market, condominium starts and orders for renovation work remained stable. In the Group's architectural hardware and materials business, hardware sales remained firm in the major metropolitan areas, while imported glass sales increased substantially in the Tokyo metropolitan area, resulting in higher revenue and profit.」
The risk to housing construction-related demand has continued to ease somewhat, as condominium starts and orders for renovation work remain stable, while hardware in the major metropolitan areas and imported glass in the Tokyo metropolitan area continue to grow. - FY2023-Q2MitigatedAnnual report
「In Japan's housing construction-related market, condominium starts and orders for renovation work remained stable. In the Group's architectural hardware and materials business, hardware sales remained firm in the major metropolitan areas, while imported glass sales increased substantially in the Tokyo metropolitan area, resulting in higher revenue and profit.」
The risk to housing construction-related demand has continued to ease somewhat, as condominium starts and orders for renovation work remained stable and hardware in the major metropolitan areas and imported glass in the Tokyo metropolitan area grew. - FY2023-Q1MitigatedAnnual report
「In Japan's housing construction-related market, condominium starts and orders for renovation work remained stable. In the Group's architectural hardware and materials business, hardware sales remained firm in the major metropolitan areas, while imported glass sales increased substantially in the Tokyo metropolitan area, resulting in higher revenue and profit.」
The risk to housing construction-related demand eased somewhat, as condominium starts and orders for renovation work remained stable and hardware in the major metropolitan areas and imported glass in the Tokyo metropolitan area grew. - FY2022-Q3MitigatedAnnual report
「In Japan, condominium starts also showed signs of recovery. In our group's architectural hardware and materials business, both sales and profit increased substantially as the handling of architectural hardware and imported glass remained firm, mainly in the Tokyo metropolitan and Kinki regions.」
The risk to housing construction-related demand has eased somewhat, as signs of a recovery have emerged in condominium starts and demand for hardware and imported glass in the Tokyo metropolitan and Kinki regions has remained firm. - FY2022-Q1MitigatedAnnual report
「In Japan, the number of new housing starts, including condominiums, showed signs of finally turning upward. In our group's architectural hardware and materials business, both sales and profit increased as hardware orders rose in the Tokyo metropolitan area and the handling of imported glass grew in the Kansai region.」
New housing starts showed signs of turning upward, while hardware orders in the Tokyo metropolitan area and the handling of imported glass in the Kansai region also grew. Risks related to housing construction demand have eased in part. - FY2021WorsenedAnnual report
「The number of housing construction starts, including condominiums, declined in Japan, hardware orders fell particularly in the Kinki region, and the handling of imported glass remained sluggish in the Tokyo metropolitan area, resulting in declines in both sales and profit.」
The previously uneven demand related to housing construction materialised as deterioration, reflected in the decline in housing construction starts, the drop in hardware orders in the Kinki region and weakness in imported glass in the Tokyo metropolitan area. - FY2021-Q2RestatedAnnual report
「The number of housing construction starts, including condominiums, declined in Japan. In our group's architectural hardware and materials business, both sales and profit declined due to a sharp drop in hardware orders, particularly in the Kinki region, and continued weakness in the handling of imported glass.」
The weakness in construction-related demand continued due to the decline in housing construction starts, the drop in hardware orders in the Kinki region and weakness in imported glass. - FY2021-Q1WorsenedAnnual report
「The number of housing construction starts, including condominiums, declined in Japan. In our group's architectural hardware and materials business, both sales and profit declined due to a sharp drop in hardware orders, particularly in the Kinki region, and continued weakness in the handling of imported glass.」
The decline in housing construction starts, the drop in hardware orders in the Kinki region and weakness in imported glass were reported, indicating that demand risks related to condominium and housing construction had worsened. - FY2020-Q3RestatedAnnual report
「The market environment remained affected by prolonged US-China trade friction, and exports of machinery and other products were on a declining trend. Domestic housing construction, including condominiums, remained uneven.」
Housing construction, including condominiums, remained uneven, and uncertainty in construction-related demand continued. - FY2019-Q3WorsenedAnnual report
「Demand in the construction industry, mainly for public works, remained relatively high, while competition related to condominium construction became increasingly severe.」
While demand for public works remained high, it was reported that competition related to condominium construction had become increasingly severe. - FY2019-Q2RestatedAnnual report
「Demand in the construction industry, mainly for public works, remained relatively high, while trends related to condominium construction continued to be uneven.」
While demand for public works remained high, uneven demand related to condominium construction continued. - FY2019-Q1RestatedAnnual report
「Demand in the construction industry, mainly for public works, remained relatively high, while trends related to condominium construction remained uneven. Against this backdrop, our group's sales volume in the architectural hardware and materials business declined, and profitability also deteriorated.」
While demand for public works remained high, demand related to condominium construction was uneven, and sales volume and profitability in architectural hardware and materials deteriorated. - FY2018-Q3RestatedAnnual report
「Demand in the construction industry, mainly for public works, remained relatively high, while trends related to condominium construction continued to be uneven.」
While demand for public works remained relatively high, uneven demand related to condominium construction continued. - FY2018-Q2RestatedAnnual report
「Demand in the construction industry, mainly for public works, remained relatively high, while trends related to condominium construction continued to be uneven.」
While demand for public works remained relatively high, uneven demand related to condominium construction continued. - FY2018-Q1RestatedAnnual report
「Demand in the construction industry, mainly for public works, remained relatively high, while trends related to condominium construction continued to be uneven.」
While demand for public works remained relatively high, uneven demand related to condominium construction continued. - FY2017RestatedAnnual report
「The construction industry was seeing a gradual increase in demand, mainly for infrastructure development, although trends related to condominium construction remained uneven.」
A gradual increase in demand for infrastructure development and uneven demand related to condominium construction continued. - FY2017-Q3RestatedAnnual report
「The construction industry continued to see a gradual increase in demand, mainly for infrastructure development, although trends related to condominium construction remained uneven.」
A gradual increase in demand for infrastructure development and uneven demand related to condominium construction continued. - FY2017-Q2First statedAnnual report
「The construction industry began to see a gradual increase in demand, mainly for infrastructure development, although trends related to condominium construction remained uneven.」
While demand for infrastructure development showed signs of increasing, trends related to condominium construction were described as uneven, indicating uncertainty in construction-related demand.