Insufficient Replacement Projects After Existing Projects End
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
2 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「In the government, public-sector and transportation businesses, among others, orders received and net sales both fell below the previous fiscal year, affected by a shortage of replacement projects after existing projects ended.」
The shortage of replacement projects after existing projects ended was a factor in the full-year decline in orders received and net sales. - FY2017-Q3RestatedAnnual report
「In the government, public-sector and transportation businesses, among others, orders received and net sales both fell below the same period of the previous year, affected by a shortage of replacement projects after existing projects ended.」
The shortage of replacement projects after existing projects ended continued to weigh on the decline in orders received and net sales during the cumulative period of the current quarter. - FY2017-Q2First statedAnnual report
「In the government, public-sector and transportation businesses, among others, orders received and net sales both fell below the same period of the previous year, affected by a shortage of replacement projects after existing projects ended.」
The disclosure states that the inability to secure replacement projects after existing projects ended actually resulted in lower orders received and net sales.