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Hodogaya Chemical (4112) · InitiativeWorsenedLatest Financial Results Briefing Materials (2026-08-06): "Mitigated"

Acquisition of large waterproofing projects

First written in FY2017-Q2. 6 of 24 entries say "Restated". Latest entry: 2026-08-06.

24entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseDroppedFY2017-Q2 – FY2018-Q2WorsenedFY2020-Q3 – FY2021-Q12016: 12017: 320172018: 220182019: 420192020: 220202021: 220212022: 320222023: 220232024: 220242025: 120252026: 22026
Same theme, other companies
Entry into the Waterproofing Business Leveraging Nationwide Construction CapabilitiesA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Mitigated".

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. FY2026-H1WorsenedAnnual report

    「The Building Materials Business reported a substantial decline in revenue due to factors including a decline in orders for urethane waterproofing work.」

    The explanation has changed from higher revenue due to orders for urethane waterproofing work at large commercial facilities and other sites through the previous fiscal year to a substantial decline in revenue due to fewer orders.
  2. FY2025-H1AdvancedAnnual report

    「The Building Materials Business reported a substantial increase in revenue due to orders for urethane waterproofing work at parking facilities and other sites at large commercial facilities.」

    In addition to the previous recovery in materials sales and winning of large projects, orders for urethane waterproofing work at parking facilities and other sites at large commercial facilities emerged as a source of substantial revenue growth.
  3. FY2024-Q3RestatedAnnual report

    「The Building Materials Business reported higher revenue as demand, particularly for materials sales, moved toward recovery.」

    The recovery in demand, particularly for materials sales, and higher revenue in the Building Materials Business continue to be cited, following the previous quarter.
  4. FY2024-Q2MitigatedAnnual report

    「The Building Materials Business reported higher revenue as demand, particularly for materials sales, recovered moderately.」

    The business improved from lower revenue caused by fewer orders for large waterproofing projects, as reported in the previous quarter, to recovering demand, particularly for materials sales, and higher revenue.
  5. FY2023-Q3RestatedAnnual report

    「Materials sales in the Building Materials Business remained at the same level as in the same period of the previous year, but lower orders for large waterproofing projects resulted in lower revenue.」

    While materials sales remained at the same level as in the same period of the previous year, the pattern of lower revenue in the Building Materials Business due to fewer orders for large waterproofing projects has continued.
  6. FY2023-Q1WorsenedAnnual report

    「Materials sales in the Building Materials Business remained firm and increased, but lower orders for large waterproofing projects resulted in lower revenue.」

    Although materials sales increased, the explanation has changed from recovering demand and higher revenue to lower revenue for the business as a whole due to fewer orders for large waterproofing projects.
  7. FY2022SoftenedAnnual report

    「The Building Materials Business reported higher revenue as materials sales remained strong.」

    Compared with the previous quarter, when the business was described as having reported a substantial increase in revenue due to the recovery in demand, the full-year description refers to strong materials sales and higher revenue.
  8. FY2022-Q3RestatedAnnual report

    「Furthermore, the Building Materials Business reported a substantial increase in revenue due to the recovery of demand from the previous fiscal year's COVID-19 pandemic, including demand for materials sales and waterproofing work.」

    The substantial increase in revenue from the recovery of demand for materials sales and waterproofing work has continued.
  9. FY2022-Q2AdvancedAnnual report

    「Furthermore, the Building Materials Business reported a substantial increase in revenue due to the recovery of demand from the previous fiscal year's COVID-19 pandemic, including demand for materials sales and waterproofing work.」

    The recovery in demand following construction delays and cancellations in the previous fiscal year emerged as a substantial increase in revenue from materials sales and waterproofing work.
  10. FY2022-Q1ReframedAnnual report

    「Furthermore, the Building Materials Business reported a substantial increase in revenue, particularly for waterproofing work, as it recovered from construction delays and cancellations during the previous fiscal year amid the COVID-19 pandemic.」

    The explanation has changed from the previous account of supplementation through the winning of large projects to a substantial increase in revenue from the recovery of waterproofing work that had been delayed or cancelled in the previous fiscal year.
  11. FY2021-Q1WorsenedAnnual report

    「In addition, the Building Materials Business reported a substantial decline in revenue as the COVID-19 pandemic led to construction delays and cancellations, among other effects, reducing demand for materials sales and waterproofing and water-sealing work.」

    The explanation has deteriorated from supplementation through the winning of large projects to a substantial decline in revenue caused by pandemic-related construction delays and cancellations and lower demand for materials sales and construction work.
  12. FY2020-Q3WorsenedAnnual report

    「In addition, construction activity in the Building Materials Business increased due to the winning of large projects, but materials sales were sluggish, resulting in lower revenue.」

    Although construction activity has continued to increase due to the winning of large projects, sluggish materials sales caused the business as a whole to deteriorate from being at the same level as in the same period of the previous year in the previous quarter to reporting lower revenue.
  13. FY2020-Q2RestatedAnnual report

    「In addition, construction activity in the Building Materials Business increased due to the winning of large projects, but materials sales were sluggish, leaving revenue at the same level as in the same period of the previous year.」

    The pattern of increased construction activity due to the winning of large projects being offset by sluggish materials sales, leaving the business as a whole at the same level as in the same period of the previous year, has continued.
  14. FY2020-Q1AdvancedAnnual report

    「In addition, construction activity in the Building Materials Business increased due to the winning of large projects, but materials sales were sluggish, leaving revenue at the same level as in the same period of the previous year.」

    The winning of large projects is again specifically cited as a factor behind the increase in construction activity. However, sluggish materials sales left the business as a whole at the same level as in the same period of the previous year.
  15. FY2019RestatedAnnual report

    「The Building Materials Business remained at the same level as in the previous fiscal year, as the urethane materials sales business remained firm.」

    The firm performance of urethane materials sales and the Building Materials Business remaining at the same level as in the previous fiscal year have continued.
  16. FY2019-Q3ReframedAnnual report

    「The Building Materials Business also remained at the same level as in the same period of the previous year, as the urethane materials sales business remained firm.」

    The explanation has changed from intensifying competition and lower revenue in waterproofing materials in the previous quarter to the firm performance of the urethane materials sales business and revenue at the same level as in the same period of the previous year.
  17. FY2019-Q2RestatedAnnual report

    「In addition, the Building Materials Business reported lower revenue due to a decline in orders for waterproofing work.」

    Lower revenue in the Building Materials Business due to a decline in orders for waterproofing work continues to be cited, following the previous quarter.
  18. FY2019-Q1ReframedAnnual report

    「In addition, the Building Materials Business reported lower revenue due to a decline in orders for waterproofing work.」

    The explanation has changed from the business being supplemented by the winning of large construction projects to lower revenue caused by a decline in orders for waterproofing work.
  19. FY2018-Q2DroppedAnnual report

    「Meanwhile, the Building Materials Business reported lower revenue as sales of waterproofing materials declined amid intensifying competition.」

    The winning of large construction projects mentioned previously is not cited this time, and the explanation refers only to the decline in waterproofing materials and lower revenue.
  20. FY2018-Q1ReappearedAnnual report

    「Materials sales in the Building Materials Business declined, but revenue was at the same level as in the same period of the previous year due to the winning of large construction projects.」

    The winning of large construction projects, which was not mentioned previously, is cited again as a factor offsetting the decline in materials sales.
  21. FY2017-Q3DroppedAnnual report

    「The Building Materials Business reported lower revenue as sales of urethane waterproofing materials declined amid intensifying competition.」

    The large waterproofing projects mentioned previously are not cited this time, and the Building Materials Business is explained solely in terms of the decline in urethane waterproofing materials caused by intensifying competition.
  22. FY2017-Q2First statedAnnual report

    「In the construction materials business, sales of urethane waterproofing materials declined due to intensifying competition, but the business remained at approximately the prior-year level, supported by the acquisition of large waterproofing projects.」

    The acquisition of large waterproofing projects is cited for the first time as a specific project that offset lower material sales caused by intensifying competition.
Moved together

"Return to operating profitability despite lower revenue" moved the same way as this thread, in the same document, in 10 of its 24 moves.

1099987★123456
  1. ★This thread
  2. 1Return to operating profitability despite lower revenue10×
  3. 2Expansion of OLED materials in the display sector9×
  4. 3Revenue growth in the Functional Resins segment9×
  5. 4Significant revenue growth in the Functional Colorants segment9×
  6. 5Revenue growth in the basic chemicals segment8×
  7. 6Growing demand for hydrogen peroxide for industrial chemicals and veterinary drugs7×

★ 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
Hodogaya Chemical's next results are scheduled for 2026-11-11. Read the earnings preview It last moved in the Financial Results Briefing Materials of 2026-08-06: "Mitigated".
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