FaithNetwork (3489) · FactDropped
Cost increases driven by soaring construction costs for small-scale building products
First written in FY2019. 1 of 2 entries say "Dropped", first in FY2020. Latest entry: FY2020.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Difficulty Passing Increases in Construction Materials and Labor Costs Through to Contract PricesA theme 56 companies write about · 57 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2022: 32 of 49 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
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.
Showing 14 of the 56 companies compared. The sentences above are computed from all 56.Full recordFilings, disclosures and news, newest first
- FY2020DroppedAnnual report
「Cost of sales for the fiscal year increased due to additional costs arising from underground obstacles and other factors, as well as large-scale properties」
The specific factor cited in the previous fiscal year, namely higher construction costs for small-scale building products, is not explicitly mentioned this time; the explanation has shifted to additional costs arising from large-scale properties, underground obstacles and other factors. - FY2019First statedAnnual report
「The building products tended to be relatively small in scale, and the sharp rise in construction costs for smaller-scale projects increased costs」
The company states that higher construction costs for small-scale building products increased cost of sales and affected profit.