Sluggish Order Intake and Placement for Private Construction Work and Slower Shipments
First written in FY2017-Q1. 14 of 38 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-11-09.
S E moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 6 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Demand in interior-related activity stagnated in the architectural hardware field, while shipments in temporary construction materials-related activity declined as construction volumes at worksites fell due to shorter working hours, work-style reforms, labor shortages and other factors. In the steel-frame construction field, projects were carried over into the following period due to delays in construction progress and other factors.」
In addition to stagnant interior demand, lower construction volumes and shipment value in temporary construction materials and delays in steel-frame construction progress, with projects carried over into the following period, were reflected in full-year results. - FY2026-H1WorsenedAnnual report
「During the current interim consolidated accounting period, demand in interior-related products in the architectural hardware field remained contracted and did not recover. In temporary construction materials, construction delays occurred due to work-style reforms, labor shortages, and shorter working hours resulting from extreme heat. In the structural steel construction field, construction delays also occurred amid declining demand.」
In addition to the continued contraction in interior demand, which has not yet recovered, construction delays have occurred in temporary construction materials and steel-frame construction due to shorter working hours and declining demand. - FY2025Weak interior demand alongside strong temporary construction and redevelopmentAnnual report
「In the architectural hardware field, demand in interior-related activity is becoming increasingly difficult to assess due to uncertainty over the outlook for steel prices and intensifying competition from low-priced overseas products. Meanwhile, temporary construction materials-related activity has maintained high utilization in small and medium-sized projects, including urban development projects in the Greater Tokyo area, and construction has progressed smoothly.」
Difficulty assessing demand in interior-related activity and competition from overseas products coexist with high utilization in temporary construction materials and Greater Tokyo redevelopment-related activity. - FY2025-H1Difficulty assessing interior demand alongside strong temporary construction and redevelopmentAnnual report
「In this business, demand in interior-related activity is difficult to assess due to uncertainty over the outlook for steel prices and intensifying competition from low-priced overseas products. Meanwhile, temporary construction materials-related activity has maintained high utilization in small and medium-sized projects, including urban development projects in the Greater Tokyo area, and construction has progressed smoothly.」
Uncertainty over steel prices and competition from low-priced overseas products are making demand in interior-related activity difficult to assess, while temporary construction materials and Greater Tokyo urban development-related activity have maintained high utilization, resulting in divergent conditions within the business. - FY2024-Q3Weak interior construction alongside strong urban redevelopment and steel-frame constructionAnnual report
「In this business, interior-related operations in the architectural hardware field continue to be affected by the spread of COVID-19, and private-sector capital investment appetite remains low. However, sales of temporary construction materials and construction of buildings and condominiums in urban redevelopment projects in the Tokyo metropolitan area, involving the steel-frame construction field, have become more active.」
Private-sector capital investment appetite remains low in interior-related activity, while urban redevelopment in the Greater Tokyo area is active in temporary construction materials and steel-frame construction, resulting in divergent conditions within the business. - FY2024-Q1Weak interior construction alongside strong temporary construction and steel-frame constructionAnnual report
「In the architectural hardware field, interior-related activity remains affected by the spread of COVID-19 and private-sector capital investment appetite remains low. However, in the temporary construction division, small and medium-sized projects, including urban development projects in the Greater Tokyo area, have maintained high utilization and construction has progressed smoothly. In the steel-frame construction field, production and construction have also progressed smoothly, with carried-over projects at approximately the same level as in the previous year.」
Private-sector capital investment appetite remains low in interior-related activity, while the temporary construction division and steel-frame construction have maintained high utilization and progressed smoothly, resulting in divergent conditions within the business. - FY2023MitigatedAnnual report
「The effects of the spread of COVID-19 remain in this business. However, in the architectural hardware field, large-scale urban development projects and various small and medium-sized projects gradually became active and the business remained on a recovery trend. In the steel-frame construction field, construction progressed smoothly, supported by a large number of carried-over projects as well as orders received and work completed during the period.」
Although the impact of COVID-19 remains, the construction materials business is recovering as large-scale urban development and small and medium-sized projects become active and orders are received and completed in steel-frame construction. - FY2023-Q3MitigatedAnnual report
「The effects of the spread of COVID-19 remain in this business. However, in the architectural hardware field, large-scale urban development projects and various small and medium-sized projects gradually became active and the business remained on a recovery trend. In the steel-frame construction field, construction progressed smoothly, supported by a large number of carried-over projects as well as orders received and work completed during the period.」
Although the impact of COVID-19 remains, the effects of weak private-sector building demand have been partly mitigated by the activation of large-scale urban development and small and medium-sized projects and by orders received and work completed in steel-frame construction. - FY2023-Q2MitigatedAnnual report
「The effects of the spread of COVID-19 remain in this business. However, in the architectural hardware field, small and medium-sized projects, including urban development projects, gradually became active and the business remained on a recovery trend. In the steel-frame construction field, construction progressed smoothly despite a large number of carried-over projects.」
Although the impact of COVID-19 remains, the effects of weak private-sector building demand have been partly mitigated by the activation of urban development and small and medium-sized projects and progress in steel-frame construction. - FY2023-Q1MitigatedAnnual report
「The effects of the spread of COVID-19 remain significant in this business. However, in the architectural hardware field, small and medium-sized projects, including urban development projects, gradually became active and the business remained on a recovery trend. In the steel-frame construction field, construction progressed smoothly despite a large number of carried-over projects.」
Although the impact of COVID-19 remains, small and medium-sized projects, including urban development projects, gradually became active in the architectural hardware field, putting the business on a recovery trend. Steel-frame construction also progressed smoothly, supported by carried-over projects. - FY2022RestatedAnnual report
「During the current consolidated fiscal year, sales in the architectural hardware field, centered on separators and suspension bolts, remained weak under the impact of the spread of COVID-19. Meanwhile, despite a large number of carried-over projects in the steel-frame construction field, sales were at the same level as in the previous fiscal year.」
The architectural hardware field continues to be affected by weak private-sector building demand, while sales in the steel-frame construction field were at the same level as in the previous fiscal year, supported by carried-over projects. - FY2022-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, sales in the architectural hardware field, centered on separators and suspension bolts, remained weak under the impact of the spread of COVID-19. Meanwhile, sales in the steel-frame construction field were relatively strong, supported by a large number of carried-over projects.」
The architectural hardware field has remained weak due to the impact of COVID-19, while the steel-frame construction field has been relatively strong, supported by carried-over projects. - FY2022-Q1RestatedAnnual report
「The effects of the spread of COVID-19 remain significant in this business, as they did in the previous year. Sales in the architectural hardware field, centered on separators and suspension bolts, have remained weak under the impact of COVID-19, while sales in the steel-frame construction field have been relatively strong, supported by a large number of carried-over projects.」
The architectural hardware field has remained weak due to COVID-19, while the steel-frame construction field has been relatively strong, supported by carried-over projects. - FY2021WorsenedAnnual report
「In this business, product deliveries in the architectural hardware field, centered on separators and suspension bolts, were postponed beyond the period or cancelled due to the suspension of private-sector building construction and a decline in interior construction resulting from the spread of COVID-19. In the steel-frame construction field, the opening order backlog declined from the previous fiscal year, and construction was delayed as a result of the spread of COVID-19, resulting in lower sales and profit. Accordingly, sales in this business were ¥8,284 million, down 10.2% from the previous fiscal year, and operating profit was ¥319 million, down 26.4%.」
The suspension of private-sector building construction, the decline in interior construction, postponed or cancelled deliveries, and the decline in the order backlog were reflected in full-year results, resulting in a 10.2% decrease in sales and a 26.4% decrease in operating profit. - FY2021-Q3RestatedAnnual report
「In this business, product deliveries in the architectural hardware field, centered on separators and suspension bolts, were postponed beyond the period or cancelled due to the suspension of private-sector building construction and a decline in interior construction resulting from the spread of COVID-19. In the steel-frame construction field, the opening order backlog declined year on year, and construction was delayed as a result of the spread of COVID-19. Consequently, both sales and profit remained weak. As a result, sales in this business were ¥6,143 million, down 12.9% year on year, and operating profit was ¥254 million, down 24.7%.」
The suspension of private-sector building construction, the decline in interior construction, postponed or cancelled deliveries, the decline in the opening order backlog, and construction delays continued to affect the construction materials business, resulting in a 12.9% decrease in sales and a 24.7% decrease in operating profit. - FY2021-Q2WorsenedAnnual report
「In this business, product deliveries in the architectural hardware field, centered on separators and suspension bolts, were postponed beyond the period or cancelled due to the suspension of private-sector building construction and a decline in interior construction resulting from the spread of COVID-19. In the steel-frame construction field, the opening order backlog declined year on year. As a result, both sales and profit remained weak. Accordingly, sales in this business were ¥3,779 million, down 19.2% year on year, and operating profit was ¥165 million, down 25.4%.」
The suspension of private-sector building construction, the decline in interior construction, postponed or cancelled product deliveries, and the decline in the opening order backlog combined to reduce sales in the construction materials business by 19.2% year on year and operating profit by 25.4%. - FY2021-Q1WorsenedAnnual report
「In this business, product deliveries in the architectural hardware field, centered on separators and suspension bolts, were postponed beyond the period or cancelled due to the suspension of private-sector building construction and declining demand resulting from the spread of COVID-19. In the steel-frame construction field, the opening order backlog declined year on year. As a result, both sales and profit remained weak. Accordingly, sales in this business were ¥1,943 million, down 19.3% year on year, and operating profit was ¥94 million, down 38.5%.」
Suspended private-sector building construction, lower demand, postponed or cancelled deliveries, and a decline in the opening order backlog led to a 19.3% decrease in sales and a 38.5% decrease in operating profit in the construction materials business. - FY2020MaterialisedAnnual report
「In the Greater Tokyo market, large-scale urban redevelopment projects in central Tokyo and other projects are continuing, but sales remained weak, partly because Tokyo Olympic and Paralympic-related construction had ended.」
The end of Tokyo Olympic and Paralympic-related construction has in fact appeared as weak sales in the architectural hardware field. - FY2020-Q3MaterialisedAnnual report
「In this business, in the architectural hardware field centered on separators and hanging bolts, large-scale central Tokyo redevelopment projects continued in the Tokyo metropolitan market, but sales remained sluggish partly because projects related to the Tokyo Olympics and Paralympics had ended.」
The end of Tokyo Olympic and Paralympic-related construction resulted in weak sales in the architectural hardware field. However, strong orders in the steel-frame construction field and other factors led to higher profit overall in the construction materials business. - FY2020-Q2MitigatedAnnual report
「In this business, in the architectural hardware field, centered on separators and hanging bolts, sales remained sluggish in the Tohoku market partly because projects related to reconstruction following the Great East Japan Earthquake had largely run their course. In the Tokyo metropolitan market, meanwhile, sales increased moderately as large-scale projects, including those related to the Tokyo Olympics and Paralympics and central Tokyo redevelopment, entered their final stages. In the architectural structural steel field, sales of various steel products were strong, supported by robust orders for architectural and construction applications, and progress on large-scale structural steel projects remained steady. Overall, sales and earnings increased.」
While sluggish conditions continued in the Tohoku market after reconstruction demand had run its course, the construction materials business overall recorded higher sales and earnings, supported by large-scale projects in the Tokyo metropolitan market and strong orders and progress in the architectural structural steel field. - FY2020-Q1MitigatedAnnual report
「In this business, in the architectural hardware field, including separators and hanging bolts, sales remained sluggish in the Tohoku market partly because earthquake reconstruction-related projects had largely run their course. In the Tokyo metropolitan market, meanwhile, large-scale projects related to the Tokyo Olympics and Paralympics and central Tokyo redevelopment were progressing smoothly, and sales increased moderately.」
While sluggish conditions continued in the Tohoku market after reconstruction-related projects had run their course, large-scale projects progressed smoothly in the Tokyo metropolitan market and sales increased moderately. - FY2019MitigatedAnnual report
「In this business, in the architectural hardware field, including separators and hanging bolts, sales remained steady in the Tohoku market as the company developed locally focused sales activities after earthquake reconstruction-related projects had largely run their course. In the Tokyo metropolitan market, large-scale projects related to the Tokyo Olympics and Paralympics and central Tokyo redevelopment were also progressing smoothly, and sales increased moderately.」
Locally focused sales activities in Tohoku and progress on projects related to the Tokyo Olympics and Paralympics and central Tokyo redevelopment in the Tokyo metropolitan market partially mitigated the impact after reconstruction demand had run its course. - FY2019-Q3MitigatedAnnual report
「In this business, in the architectural hardware field, including separators and hanging bolts, the company steadily captured regional demand in the Tohoku market. In the Tokyo metropolitan market, meanwhile, construction related to the Tokyo Olympics and central Tokyo redevelopment was progressing smoothly, and sales increased moderately.」
The company steadily captured regional demand in the Tohoku market, while construction related to the Tokyo Olympics and central Tokyo redevelopment progressed in the Tokyo metropolitan market and sales increased moderately, partially mitigating the impact of sluggish private-sector building construction. - FY2019-Q2MitigatedAnnual report
「In this business, in the architectural hardware field, including separators and hanging bolts, the company steadily captured regional demand in the Tohoku market. In the Tokyo metropolitan market, meanwhile, construction related to the Tokyo Olympics and central Tokyo redevelopment was progressing smoothly, and sales increased moderately.」
The company steadily captured regional demand in the Tohoku market, while construction related to the Tokyo Olympics and central Tokyo redevelopment progressed in the Tokyo metropolitan market and sales increased moderately, partially mitigating the impact of sluggish private-sector building construction. - FY2019-Q1MitigatedAnnual report
「In this business, in the architectural hardware field, including separators and hanging bolts, the company made steady progress in capturing regional demand in the Tohoku market, particularly Fukushima Prefecture. In the Tokyo metropolitan market, construction related to the Tokyo Olympics and central Tokyo redevelopment was progressing smoothly, and the company focused on selling its own products.」
The company steadily captured regional demand in Tohoku, while construction related to the Tokyo Olympics and central Tokyo redevelopment was underway in the Tokyo metropolitan market, partially mitigating the impact of sluggish private-sector building construction. - FY2018MitigatedAnnual report
「In this business, at エスイーＡ＆Ｋ株式会社, construction volumes continued to decline in the Tohoku market as reconstruction demand had run its course. In the Tokyo metropolitan market, meanwhile, demand for construction related to the Tokyo Olympics and central Tokyo redevelopment began to materialize, and the company focused on selling its own products.」
While construction volumes continued to decline in the Tohoku market as reconstruction demand had run its course, demand related to the Tokyo Olympics and central Tokyo redevelopment began to materialize in the Tokyo metropolitan market, where the company focused on selling its own products. - FY2018-Q3MitigatedAnnual report
「In this business, at エスイーＡ＆Ｋ株式会社, reconstruction demand declined and construction volumes continued to trend downward in the Tohoku market. In the Tokyo metropolitan market, meanwhile, demand for construction related to the Tokyo Olympics and central Tokyo redevelopment began to materialize, and shipments of the company's own products also increased moderately.」
While declining reconstruction demand and construction volumes continued in the Tohoku market, the materialization of construction demand and increased shipments of the company's own products in the Tokyo metropolitan market partially mitigated the impact. - FY2018-Q2MitigatedAnnual report
「In this business, at エスイーＡ＆Ｋ株式会社, the decline in reconstruction demand and construction volumes continued in the Tohoku market. In the Tokyo metropolitan market, meanwhile, demand for construction related to the Tokyo Olympics and central Tokyo redevelopment was beginning to materialize, and shipments of the company's own products also increased moderately.」
While declining reconstruction demand and construction volumes continued in the Tohoku market, new demand began to materialize in the Tokyo metropolitan market and shipments of the company's own products increased, partially mitigating the impact. - FY2018-Q1MitigatedAnnual report
「In this business, at エスイーＡ＆Ｋ株式会社, sales remained sluggish in the Tohoku market due to a decline in the volume of private-sector building construction. In the Tokyo metropolitan market, however, new construction sites gradually began operations, and shipments of the company's own products also increased moderately.」
While sluggish private-sector building construction continued in the Tohoku market, the company reported the start of new construction projects and a moderate increase in shipments of its own products in the Tokyo metropolitan market, partially mitigating the impact of the risk. - FY2017RestatedAnnual report
「In this business, at エスイーＡ＆Ｋ株式会社, the overall construction industry remained stagnant, and sales remained sluggish in the Tohoku market as earthquake reconstruction-related projects had largely run their course. Challenging conditions continued in the Tokyo metropolitan market due to a decline in the volume of private-sector building construction, while efforts continued to reduce manufacturing costs and improve production efficiency amid soaring raw material prices. As a result, sales in this business were ¥7,465 million, up 4.9% year on year, and operating profit was ¥451 million, down 12.3% year on year.」
The stagnation of the construction industry, the completion of reconstruction projects in Tohoku, and the decline in private-sector building construction volumes in the Tokyo metropolitan market continued, resulting in lower earnings. - FY2017-Q3MaterialisedAnnual report
「In this business, at エスイーＡ＆Ｋ株式会社, the overall construction industry remained stagnant, and sales remained sluggish in the Tohoku market as earthquake reconstruction-related projects had largely run their course. In the Tokyo metropolitan market, challenging conditions continued due to a decline in the volume of private-sector building construction, while efforts continued to reduce manufacturing costs and improve production efficiency amid volatile raw material prices.」
The stagnation of the overall construction industry, the completion of earthquake reconstruction-related projects in Tohoku, and the decline in private-sector building construction volumes in the Tokyo metropolitan market continue to be reflected in sluggish sales in the construction materials business. - FY2017-Q2MaterialisedAnnual report
「As a result, consolidated net sales for the first six months of the current fiscal year declined to ¥7,574 million, down 12.2% year on year, partly because, although public works contract awards during the period increased slightly, budget execution was slightly below the previous year and orders received for private-sector construction were delayed.」
Delays in orders and awards for private-sector building construction are explicitly identified as a factor behind the decline in company-wide sales, with their impact on performance quantified. - FY2017-Q1First statedAnnual report
「In the Tohoku market, reconstruction-related projects following the earthquake disaster had also largely run their course, and materials sales remained sluggish. In the Tokyo metropolitan market, meanwhile, order intake and awards for private-sector building construction remained sluggish, while slower shipments contributed to continued challenging market conditions.」
The completion of earthquake reconstruction projects in Tohoku and sluggish order intake and awards for private-sector building construction in the Tokyo metropolitan market have materialized as slower materials sales and shipments.