Earnings reversal following the loss of large one-off projects and disaster-related special demand
First written in FY2023-Q1. 9 of 12 entries say "Materialised", first in FY2023-Q2. Latest entry: 2026-11-09.
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- 2026-11-09MaterialisedFinancial results presentation
「大口案件は中間期に出荷が早まったものも多く、下期は、中間期不振であった分野をカバーする必要あり」
大口案件の前倒し出荷が中間期の増収増益に寄与し、下期には不振分野の挽回が必要となる案件時期の偏りを記載している。 - FY2026MaterialisedAnnual report
「During the consolidated fiscal year under review, demand generally declined due to temporary interim periods between projects, while construction schedules were also revised because of labor shortages at worksites and other factors.」
The decline in demand caused by an interim period between large projects continued throughout the fiscal year, resulting in a 3.8% year-on-year decline in revenue and a 10.3% year-on-year decline in operating profit in the construction equipment and materials business. - FY2026-H1MaterialisedAnnual report
「During the interim consolidated period under review, the interim period between large projects continued, while the concrete products field experienced a decline in construction volumes and construction delays caused by exceptionally hot weather. As a result, revenue in this business was ¥4,916 million, down 14.2% year on year, and operating profit was ¥149 million, down 48.5% year on year.」
The interim period between large projects continued, and the decline in construction volumes and construction delays caused by exceptionally hot weather also weighed on results, resulting in lower revenue and profit in the construction equipment and materials business. - FY2025MaterialisedAnnual report
「Although the favorable operating environment continued and performance remained strong during the consolidated fiscal year under review, revenue did not grow as much as in the same period of the previous year because there were no large projects in the second half of the fiscal year.」
The risk of an interim period between large projects, whose description had receded temporarily in the previous fiscal year, became evident again, resulting in a 3.0% year-on-year decline in revenue in the construction equipment and materials business. - FY2024DroppedAnnual reportThe earnings reaction from the loss of large spot projects and special disaster-recovery demand, which was described in the previous fiscal year, was not explicitly identified as a major factor in the explanation of results for the current fiscal year.
- FY2023MaterialisedAnnual report
「Although the operating environment remained favorable during the consolidated fiscal year under review, revenue and profit declined due to the loss of sales and profit from the large, highly profitable spot projects recorded in the same period of the previous year, the winding down of special demand for concrete blocks related to Typhoon No. 19 disaster-recovery work, the larger number of projects in which on-site construction was postponed following schedule revisions and other factors compared with the same period of the previous year, the impact of soaring raw-material prices, and higher labor costs. As a result, revenue in this business was ¥12,067 million, down 8.9% year on year, and operating profit was ¥905 million, down 44.5% year on year.」
The loss and winding down of special demand from large, highly profitable spot projects and disaster-recovery work, project postponements, soaring raw-material prices and higher labor costs became evident over the full fiscal year, resulting in an 8.9% decline in revenue and a 44.5% decline in operating profit in the construction equipment and materials business. - FY2023-Q3MaterialisedAnnual report
「In this business, work is progressing on measures such as bridge renewal projects and responses to torrential-rain disasters, while efforts are being made to address the Five-Year Acceleration Measures for Disaster Prevention and Mitigation and National Resilience. Although the operating environment remained favorable during the nine-month consolidated period under review, revenue and profit declined due to the loss of sales and profit from the large, highly profitable spot projects recorded in the same period of the previous year, the winding down of special demand for concrete blocks related to Typhoon No. 19 disaster-recovery work, the larger number of projects in which on-site construction was postponed following schedule revisions and other factors compared with the same period of the previous year, the impact of soaring raw-material prices, and higher labor costs. As a result, revenue in this business was ¥8,133 million, down 15.0% year on year, and operating profit was ¥359 million, down 71.8% year on year.」
In addition to the loss and winding down of special demand from large, highly profitable spot projects and Typhoon No. 19 disaster-recovery work, project postponements, soaring raw-material prices and higher labor costs overlapped, with the impact continuing as a 15.0% decline in revenue and a 71.8% decline in operating profit in the construction equipment and materials business. - FY2023-Q2MaterialisedAnnual report
「Against this backdrop, during the six-month period ended in the second quarter, although the business environment remained favorable, revenue and profit from the large, highly profitable spot projects recorded in the same period of the previous year fell away. In addition, the special demand for concrete blocks related to construction work following Typhoon Hagibis ended, while higher raw material prices and increased labor costs, among other factors, resulted in lower revenue and profit. As a result, revenue from this business was ¥5,336 million, down 11.3% year on year, and operating profit was ¥278 million, down 65.0%.」
The decline and winding down of large, highly profitable spot projects and the special demand related to Typhoon No. 19 disaster-recovery work have continued, becoming evident in a 11.3% decline in revenue and a 65.0% decline in operating profit in the construction equipment and materials business, alongside higher raw-material prices and labor costs. - FY2023-Q1First statedAnnual report
「During the first quarter, although the business environment remained favorable, revenue and profit from the large, highly profitable spot projects recorded in the same period of the previous year fell away. In addition, the special demand for concrete blocks related to construction work following Typhoon Hagibis ended, while selling, general and administrative expenses increased as restrictions on movement were eased. As a result, revenue and operating profit declined. Revenue from this business was ¥2,565 million, down 11.0% year on year, and operating profit was ¥128 million, down 67.5%.」
The loss of the large, highly profitable spot projects recorded in the same period of the previous year and the special demand related to construction work following Typhoon Hagibis appeared in actual results, with revenue from the construction equipment and materials business down 11.0% and operating profit down 67.5%.