Decline in Architectural Glass Sales Due to Weak Housing Starts and Construction Delays
First written in FY2018-Q3. 11 of 21 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2023: 15 of 21 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026-H1Sales to the non-residential sector increasedAnnual report
「Sales of architectural glass exceeded the year-earlier period due to increased sales of products for non-residential applications.」
The trend shifted from revenue declining due to weak construction demand in the previous fiscal year to sales exceeding the year-earlier period due to increased sales of products for non-residential applications. - FY2025-H1Revenue declined amid weak construction demandAnnual report
「Sales of architectural glass were below the year-earlier period because construction demand remained weak.」
The trend shifted from revenue growth driven by the penetration of price revisions through the previous fiscal year to sales falling below the year-earlier period in the current interim consolidated accounting period due to weak construction demand. - FY2024-Q3RestatedAnnual report
「In architectural glass, construction demand remained slightly below the same period of the previous year, but the effect of product price revisions implemented in the previous fiscal year took hold, resulting in sales exceeding the same period of the previous year.」
Although construction demand was slightly below the year-earlier period, sales of architectural glass exceeded the year-earlier period as prior-year product price revisions took hold. - FY2024-Q2RestatedAnnual report
「In architectural glass, construction demand remained slightly below the previous year's level, but the effect of product price revisions implemented in the previous fiscal year took hold, resulting in sales exceeding the same period of the previous year.」
While construction demand was slightly below the previous year's level, architectural glass sales exceeded the same period of the previous year as the product price revisions implemented in the previous year took hold. - FY2024-Q1Architectural glass sales increased due to price revisionsAnnual report
「In architectural glass, construction demand remained slightly below the previous year's level, but the effect of product price revisions implemented in the previous year took hold, resulting in sales exceeding the same period of the previous year.」
Although construction demand was slightly below the previous year's level, sales exceeded the same period of the previous year as the product price revisions implemented in the previous year took hold. - FY2023-Q3RestatedAnnual report
「In architectural glass, construction demand remained approximately at the same level as the same period of the previous year. However, sales fell below the same period of the previous year as the company reviewed unprofitable transactions and other activities, downsized sales and production sites to appropriate levels, and consolidated them as part of structural improvement initiatives implemented in the previous year.」
While construction demand remained approximately at the same level as the same period of the previous year, sales continued to fall below that level due to the review of unprofitable transactions and the downsizing and consolidation of sales and production sites. - FY2023-Q1Relatively firm demand, but sales down due to structural improvementsAnnual report
「In architectural glass, construction demand remained relatively firm. However, sales fell below the same period of the previous year as the company reviewed unprofitable transactions and other activities, downsized sales and production sites to appropriate levels, and consolidated them as part of structural improvement initiatives implemented in the previous year.」
Although construction demand remained relatively firm, the review of unprofitable transactions and the downsizing and consolidation of sales and production sites caused sales to fall below the same period of the previous year. - FY2022-Q3Sales decline due to structural improvementsAnnual report
「Although price revisions were implemented for architectural glass in October and exports and other areas performed well, net sales were below the same period of the previous year because the company reviewed unprofitable transactions and other items and reduced and consolidated its sales and production locations to an appropriate scale as part of its structural improvement efforts.」
The review of unprofitable transactions and the downsizing and consolidation of sales and production sites as part of structural improvements were cited as factors behind the sales decline, in addition to construction demand. - FY2022-Q1RestatedAnnual report
「In architectural glass, sales fell below the same period of the previous year due to declining domestic construction demand and the impact of reviewing unprofitable transactions.」
Architectural glass sales continued to fall below the same period of the previous year due to declining domestic construction demand and the impact of reviewing unprofitable transactions. - FY2021WorsenedAnnual report
「In architectural glass, sales fell below the previous fiscal period due to declining domestic construction demand, the impact of reviewing unprofitable transactions, and the withdrawal from the US architectural processed glass business.」
Declining domestic construction demand, the review of unprofitable transactions, and the withdrawal from the US architectural processed glass business contributed to the decline in architectural glass sales. - FY2021-Q2RestatedAnnual report
「In architectural glass, sales fell significantly below the same period of the previous year due to declining construction demand, lower sales for certain industrial applications, and the withdrawal from the US architectural processed glass business.」
Architectural glass sales continued to fall significantly below the same period of the previous year due to declining construction demand and sales for certain industrial applications, as well as the withdrawal from the US architectural processed glass business. - FY2021-Q1WorsenedAnnual report
「In architectural glass, sales fell significantly below the same period of the previous year due to declining construction demand, construction delays, lower sales for certain industrial applications, and the withdrawal from the US architectural processed glass business.」
In addition to the previous decline in housing starts and construction delays, lower construction demand and sales for industrial applications, as well as the withdrawal from the US architectural processed glass business, caused sales to fall significantly below the same period of the previous year. - FY2020Divergence in demand by regionAnnual report
「In architectural glass, projects, particularly in the Tokyo metropolitan area, remained firm, but sales remained weak in other regions. As a result, sales remained approximately at the previous fiscal period's level.」
While projects in the Tokyo metropolitan area remained firm, other regions were weak, leaving architectural glass sales approximately at the previous fiscal period's level. - FY2020-Q3RestatedAnnual report
「In architectural glass, shipments, particularly in the Tokyo metropolitan area, remained firm, resulting in sales exceeding the same period of the previous year.」
While housing-related demand remained weak, architectural glass sales continued to exceed the same period of the previous year due to firm shipments, particularly in the Tokyo metropolitan area. - FY2020-Q2RestatedAnnual report
「In architectural glass, shipments, particularly in the Tokyo metropolitan area, remained firm, resulting in sales exceeding the same period of the previous year.」
Despite factors contributing to lower housing starts, architectural glass sales continued to exceed the same period of the previous year due to firm shipments, particularly in the Tokyo metropolitan area. - FY2020-Q1RestatedAnnual report
「In architectural glass, although new housing starts declined from the same period of the previous year, shipments, particularly in the Tokyo metropolitan area, remained firm, resulting in sales exceeding the same period of the previous year.」
Although housing starts declined, architectural glass sales continued to exceed the same period of the previous year due to firm shipments, particularly in the Tokyo metropolitan area. - FY2019-Q3Recovery in architectural glass salesAnnual report
「In architectural glass, projects, particularly in the Tokyo metropolitan area, began to move forward from the second half, resulting in sales exceeding the same period of the previous year.」
The situation changed from the previous decline in sales due to lower housing starts and construction delays to sales exceeding the same period of the previous year as projects, particularly in the Tokyo metropolitan area, began to move forward from the second half. - FY2019-Q2RestatedAnnual report
「In architectural glass, new housing starts declined from the previous year. In addition, sales were affected by construction delays and other factors, particularly in the Tokyo metropolitan area, resulting in sales below the same period of the previous year.」
Architectural glass sales fell below the same period of the previous year due to lower housing starts and construction delays, particularly in the Tokyo metropolitan area. - FY2019-Q1RestatedAnnual report
「In architectural glass, new housing starts declined from the previous year. In addition, sales were affected by construction delays and other factors, resulting in sales below the same period of the previous year.」
Architectural glass sales fell below the same period of the previous year due to lower housing starts and construction delays and other factors. - FY2018RestatedAnnual report
「In architectural glass, new housing starts declined from the previous year. In addition, sales were affected by construction delays and other factors, resulting in sales below the previous fiscal period.」
It stated that architectural glass sales fell below the previous fiscal period due to lower housing starts and construction delays and other factors. - FY2018-Q3First statedAnnual report
「In architectural glass, new housing starts remained below the previous year's level for several consecutive months. In addition, sales were affected by construction delays and other factors, resulting in sales below the same period of the previous year.」
New housing starts remained below the previous year's level for several months, and construction delays and other factors also contributed to architectural glass sales falling below the same period of the previous year.