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Shinwa (3447) · FactWorsenedLatest Results (2026-11-11): "Advanced"

Expansion of Next-Generation Scaffolding Sales

First written in FY2018. 19 of 31 entries say "Worsened", first in FY2019. Latest entry: 2026-11-11.

31entries
9years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2019 – FY2021WorsenedFY2024 – 2026-08-102018: 320182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 32026
Same theme, other companies
Expansion of sales locations and the order base in the scaffolding rental businessA theme 3 companies write about · 0 as a headwind · 4 as a tailwind

Shinwa moved to the "Worse" side of this theme in 2019.

1 other company's latest entry also says "Advanced".

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. FY2026WorsenedAnnual report

    「Next-generation scaffolding 1,165,491 1,151,220」

    Full-year revenue from next-generation scaffolding was ¥1,151,220 thousand, or 98.8% of the previous fiscal year, and revenue growth remained sluggish.
  2. FY2026-H1WorsenedAnnual report

    「Next-generation scaffolding 852,464 741,900」

    Revenue from next-generation scaffolding for the interim period declined year on year, and the stagnation in revenue growth that began in the previous fiscal year has continued.
  3. FY2025WorsenedAnnual report

    「Next-generation scaffolding 1,434,467 1,165,491」

    Full-year revenue from next-generation scaffolding was 81.2% of the previous fiscal year, indicating that revenue growth had not progressed for a second consecutive year.
  4. FY2025-H1WorsenedAnnual report

    「Next-generation scaffolding 979,480 852,464」

    Revenue from next-generation scaffolding for the interim period declined year on year, indicating that revenue growth had not progressed following the full-year decline in the previous fiscal year.
  5. FY2024WorsenedAnnual report

    「Next-generation scaffolding 1,713,909 1,434,467」

    Full-year revenue from next-generation scaffolding declined from ¥1,713,909 thousand in the previous fiscal year to ¥1,434,467 thousand, and the recovery trend of the previous fiscal year did not continue.
  6. FY2024-Q3AdvancedAnnual report

    「Next-generation scaffolding 1,278,559 1,297,181」

    Cumulative revenue from next-generation scaffolding through the third quarter increased from ¥1,278,559 thousand in the same period of the previous year to ¥1,297,181 thousand, up approximately 1.5% year on year.
  7. FY2024-Q2AdvancedAnnual report

    「Meanwhile, revenue increased for next-generation scaffolding as the company steadily secured demand to replace frame scaffolding and projects anticipated to benefit from an increase in construction work in the future.」

    The company secured demand to replace frame scaffolding and projects anticipated to benefit from future construction work, and revenue from next-generation scaffolding exceeded the same period of the previous year.
  8. FY2024-Q1AdvancedAnnual report

    「Next-generation scaffolding 491,038 607,004」

    First-quarter revenue from next-generation scaffolding increased from ¥491,038 thousand in the same period of the previous year to ¥607,004 thousand, up approximately 23.6% year on year.
  9. FY2023WorsenedAnnual report

    「Revenue from next-generation scaffolding was ¥1,713,909 thousand, representing 77.2% of the ¥2,220,937 thousand recorded in the previous fiscal year.」

    Full-year revenue from next-generation scaffolding was ¥1,713,909 thousand, or 77.2% of the previous fiscal year, shifting from the previous year's recovery and growth to a decline.
  10. FY2023-Q3WorsenedAnnual report

    「Next-generation scaffolding 1,613,241 1,278,559」

    Cumulative revenue from next-generation scaffolding through the third quarter declined year on year, and the recovery and growth trend of the previous fiscal year did not continue.
  11. FY2023-Q2WorsenedAnnual report

    「Next-generation scaffolding 1,012,076 880,463」

    Cumulative revenue from next-generation scaffolding through the second quarter declined year on year, shifting from the recovery seen in FY2023-Q1 to a decline.
  12. FY2023-Q1WorsenedAnnual report

    「Next-generation scaffolding 519,618 491,038」

    First-quarter revenue from next-generation scaffolding declined year on year, bringing the recovery and growth trend from the previous fiscal year to a pause.
  13. FY2022AdvancedAnnual report

    「Revenue from next-generation scaffolding was ¥2,220 million, up 23.5% year on year.」

    Revenue from next-generation scaffolding recovered and increased from ¥1,798 million in the previous fiscal year to ¥2,220 million.
  14. FY2022-Q3AdvancedAnnual report

    「Next-generation scaffolding 1,407,546 1,613,241」

    Cumulative revenue from next-generation scaffolding through the third quarter increased year on year, and revenue growth has continued.
  15. FY2022-Q2AdvancedAnnual report

    「Next-generation scaffolding 973,795 1,012,076」

    Cumulative revenue from next-generation scaffolding through the second quarter increased year on year, indicating a recovery from the downward trend that had continued from the previous fiscal year.
  16. FY2022-Q1AdvancedAnnual report

    「Next-generation scaffolding 391,667 519,618」

    Revenue from next-generation scaffolding increased from ¥391,667 thousand in the same period of the previous year to ¥519,618 thousand, with the recovery reflected in the figures.
  17. FY2021WorsenedAnnual report

    「Next-generation scaffolding 2,160,471 1,798,219」

    Full-year revenue from next-generation scaffolding declined from ¥2,160 million in the previous year to ¥1,798 million, down approximately 16.8%.
  18. FY2021-Q3WorsenedAnnual report

    「Next-generation scaffolding 1,616,487 1,407,546」

    Cumulative revenue from next-generation scaffolding through the third quarter declined from ¥1,616,487 thousand in the same period of the previous year to ¥1,407,546 thousand, down approximately 12.9% year on year.
  19. FY2021-Q2WorsenedAnnual report

    「Next-generation scaffolding 1,172,177 973,795」

    Revenue from next-generation scaffolding declined from ¥1,172,177 thousand in the same period of the previous year to ¥973,795 thousand, down approximately 16.9% year on year.
  20. FY2021-Q1WorsenedAnnual report

    「Next-generation scaffolding 575,346 391,667」

    Revenue from next-generation scaffolding declined from ¥575,346 thousand in the same period of the previous year to ¥391,667 thousand, down approximately 31.9% year on year.
  21. FY2020WorsenedAnnual report

    「Revenue from next-generation scaffolding was ¥2,160 million, down 18.7% year on year.」

    Full-year revenue from next-generation scaffolding was ¥2,160 million, down 18.7% year on year. Although the company pursued sales expansion outside the Tokyo metropolitan area and cultivated new customers, it was unable to offset the decline in demand from major temporary construction materials leasing companies and others that began in the second half of the previous fiscal year.
  22. FY2020-Q3WorsenedAnnual report

    「Revenue from next-generation scaffolding was ¥1,616 million, down 25.6% year on year.」

    Revenue from next-generation scaffolding was ¥1,616 million, down 25.6% year on year, and the decline in demand from major temporary construction materials leasing companies and others has not been offset.
  23. FY2020-Q2WorsenedAnnual report

    「Next-generation scaffolding 1,605,077 1,172,177」

    Revenue from next-generation scaffolding declined from ¥1,605,077 thousand in the same period of the previous year to ¥1,172,177 thousand, down approximately 26.9%.
  24. FY2020-Q1WorsenedAnnual report

    「Next-generation scaffolding 627,780 575,346」

    Revenue from next-generation scaffolding declined from ¥627,780 thousand in the same period of the previous year to ¥575,346 thousand, down approximately 8.4% year on year.
  25. FY2019WorsenedAnnual report

    「Revenue from next-generation scaffolding was ¥2,657 million, down 11.9% year on year.」

    Annual revenue from next-generation scaffolding was ¥2,657 million, down 11.9% year on year. Demand declined in the second half of the fiscal year against a backdrop of fewer large-scale construction projects, and revenue struggled to grow.
  26. FY2019-Q3AdvancedAnnual report

    「Demand for next-generation scaffolding remained firm as a product that helps address challenges at construction sites, including improving installation efficiency, pursuing high safety standards, and addressing noise concerns. Revenue was ¥2,173 million, up 11.3% year on year.」

    The increase in next-generation scaffolding sales continued through the cumulative third-quarter period.
  27. FY2019-Q2AdvancedAnnual report

    「Demand for next-generation scaffolding increased as a product that helps address challenges at construction sites, including improving installation efficiency, pursuing high safety standards, and addressing noise concerns. Revenue was ¥1,605 million, up 25.4% year on year.」

    The increase in next-generation scaffolding sales can be confirmed in the results for the cumulative second-quarter period.
  28. FY2019-Q1AdvancedAnnual report

    「Revenue from next-generation scaffolding was ¥627 million, up 17.2% year on year.」

    The increase in next-generation scaffolding sales can be confirmed in the results for the current quarter.
  29. FY2018First statedAnnual report

    「Next-generation scaffolding drove revenue, supported by strong demand for OEM products for next-generation scaffolding.」

    Revenue from next-generation scaffolding was ¥3,018.097 million, equivalent to 646.6% of the same period of the previous year.
Moved together

"Market Penetration and Market Share Expansion for Next-Generation Scaffolding" moved the same way as this thread, in the same document, in 20 of its 31 moves.

20151211119★123456
  1. ★This thread
  2. 1Market Penetration and Market Share Expansion for Next-Generation Scaffolding20×
  3. 2Expansion of Business Areas in the Logistics Equipment Segment15×
  4. 3Substantial Borrowings and Variable Interest Rates12×
  5. 4Achieving a high operating profit margin by selling at higher prices than competitors, producing at lower cost, and selling more11×
  6. 5Decline in demand for system scaffolding11×
  7. 6Management Based on Revenue, Operating Profit and EBITDA9×

★ 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
Shinwa's next results are scheduled for 2026-11-11. Read the earnings preview It last moved in the Results of 2026-11-11: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.