Construction Demand Driven by Public Investment and Private Capital Investment
First written in FY2016. 16 of 33 entries say "Restated". Latest entry: 2026-07-30.
The whole theme swung hardest in 2020: 17 of 32 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026-H1MitigatedAnnual report
「Public investment benefited from firm demand for disaster-prevention measures and other initiatives under the national resilience plan, while private investment also remained generally firm overall, despite regional differences.」
While the previous period referred to weakness in public construction volumes and project starts, public and private investment were both described as firm overall in the current interim period. - FY2025-H1WorsenedAnnual report
「Public investment remained firm, supported by steady demand for disaster prevention initiatives based on the National Resilience Plan. However, amid soaring material prices and labor shortages, construction volumes were somewhat low and the pace of project starts remained slow. Private investment was also affected by soaring material prices and labor shortages, but remained broadly firm overall.」
Although public investment was described as firm, construction volumes were low and the pace of project starts was slow. The report also reiterates its previous view that private investment is broadly firm. - FY2024-Q3WorsenedAnnual report
「Public investment has remained firm, supported in part by continued disaster prevention initiatives based on the National Resilience Plan, although public works currently lack momentum. Private investment remained broadly firm.」
While public investment overall is described as firm, the report adds that public works currently lack momentum, providing greater detail on weakness in the public investment environment. - FY2024-Q2RestatedAnnual report
「Public investment remained firm, supported in part by continued disaster prevention initiatives based on the National Resilience Plan. Private investment also remained broadly firm.」
The company continues to view the business environment as one in which public investment is firm and private investment is broadly firm. - FY2024-Q1MitigatedAnnual report
「Public investment remained firm, supported in part by continued disaster prevention initiatives based on the National Resilience Plan. Private investment also remained broadly firm.」
Although public investment had been described as somewhat sluggish overall through the previous fiscal year, public investment was firm this quarter and private investment was also described as broadly firm. - FY2023-Q3RestatedAnnual report
「Although measures such as disaster prevention initiatives based on the National Resilience Plan were being advanced, public investment remained somewhat sluggish overall. Private investment remained firm compared with the same period of the previous year. Meanwhile, the situation remains uncertain due to changes in social conditions caused by COVID-19 and the impact of soaring material and energy prices, among other factors.」
The report continues to describe public investment as somewhat sluggish and private investment as firm, while identifying changes in social conditions caused by COVID-19 and the impact of soaring material and energy prices as uncertain factors. - FY2023-Q2The report describes public investment as sluggish and private investment as firm.Annual report
「Although measures such as disaster prevention initiatives based on the National Resilience Plan were being advanced, public investment remained somewhat sluggish overall. Private investment remained firm compared with the same period of the previous year. Meanwhile, the situation remains uncertain due to changes in social conditions caused by COVID-19 and the impact of soaring material and energy prices, among other factors.」
Public investment was described as somewhat sluggish overall, while private investment remained firm. Changes in social conditions caused by COVID-19 and the impact of soaring material and energy prices continue to be identified as uncertain factors. - FY2023-Q1WorsenedAnnual report
「Although measures such as disaster prevention initiatives based on the National Resilience Plan were being advanced, public investment remained somewhat sluggish overall. Private investment showed signs of recovery compared with the same period of the previous year. Meanwhile, the situation remains uncertain due to changes in social conditions caused by COVID-19 and the impact of soaring material prices, among other factors.」
Private investment showed signs of recovery, while public investment was somewhat sluggish overall. The report also continues to identify changes in social conditions caused by COVID-19 and the impact of soaring material prices as uncertain factors. - FY2022WorsenedAnnual report
「Public investment remained firm overall, including spending on disaster recovery and disaster prevention, although regional disparities were evident, with declines in parts of the Tohoku region. Private investment showed signs of recovery compared with the previous consolidated fiscal year. Meanwhile, the situation remains uncertain due to the spread of COVID-19 and the impact of soaring material prices, among other factors.」
Public investment remained firm despite regional disparities, while private investment showed signs of recovery. In addition to COVID-19, the impact of soaring material prices is now explicitly identified. - FY2022-Q3Description of regional differences and recovery in private investmentAnnual report
「Although there were regional differences in public investment, including a decline in some parts of the Tohoku area, it remained firm overall, including investment for disaster recovery and prevention. Private investment showed signs of recovery compared with the previous fiscal year. Meanwhile, the situation regarding the impact of the spread of COVID-19 infections and other factors remains unpredictable.」
The Company explains that public investment remained firm overall despite regional differences, while private investment showed signs of recovery, and continues to describe the uncertainty caused by the spread of COVID-19 infections. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter (1 April 2021 to 30 June 2021), public investment remained firm due to measures for disaster recovery and prevention, while the situation regarding the impact of the spread of COVID-19 infections and other factors remains unpredictable.」
The Company continues to explain that public investment remained firm while uncertainty surrounding the outlook due to the spread of COVID-19 infections persisted. - FY2021RestatedAnnual report
「Because the civil engineering and construction industries, which are among the Group's main customer industries, are significantly affected by trends in public investment and private capital investment, significant changes in the business environment, such as declining public investment or construction demand, could affect the Group's ability to secure orders and its business performance.」
The Company continues to identify the risk that fluctuations in public investment, private capital investment and construction demand could affect orders and business performance. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter (1 April 2020 to 31 December 2020), public investment remained firm due to measures for disaster recovery and prevention, while the situation regarding the impact of the spread of COVID-19 infections and other factors remains unpredictable.」
While maintaining its description that public investment remained firm, the Company continues to describe uncertainty surrounding construction demand due to the spread of COVID-19 infections. - FY2021-Q2RestatedAnnual report
「Public investment remained firm due to measures for disaster recovery and prevention, while the situation regarding the impact of the spread of COVID-19 infections and other factors remains unpredictable.」
While continuing to state that public investment remained firm, the Company continues to describe the uncertainty surrounding the outlook caused by the spread of COVID-19 infections. - FY2021-Q1MaterialisedAnnual report
「During the cumulative first quarter (1 April 2020 to 30 June 2020), public investment remained firm due to measures for disaster recovery and prevention, while some construction projects were suspended or postponed because of the spread of COVID-19 infections and other factors. The situation remains unpredictable.」
While public investment remained firm, the suspension and postponement of some construction projects due to the spread of COVID-19 infections has emerged as a specific manifestation of the risk of fluctuations in construction demand. - FY2020WorsenedAnnual report
「During the fiscal year under review, public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Group's main customer industries. However, the outlook became unpredictable because of the spread of COVID-19 infections.」
In addition to the previous description that public and private investment remained firm, the Company states that the outlook became uncertain because of the spread of COVID-19 infections. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter (1 April 2019 to 31 December 2019), public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Group's main customer industries.」
The Company continues to explain that public and private investment both remained firm in the civil engineering and construction industries, its main customer industries. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter (1 April 2019 to 30 September 2019), public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Group's main customer industries.」
The Company continues to explain that public and private investment both remained firm in the civil engineering and construction industries, its main customer industries. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter (1 April 2019 to 30 June 2019), public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Group's main customer industries.」
The Company continues to explain that public and private investment both remained firm in the civil engineering and construction industries, its main customer industries. - FY2019RestatedAnnual report
「Because the civil engineering and construction industries, which are among the Group's main customer industries, are significantly affected by trends in public investment and private capital investment, significant changes in the business environment, such as declining public investment or construction demand, could affect the Group's ability to secure orders and its business performance.」
The Company continues to describe the risk that fluctuations in public investment, private capital investment and construction demand could affect orders and business performance. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter (1 April 2018 to 31 December 2018), public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Group's main customer industries.」
The Company continues to explain that public and private investment both remained firm in the civil engineering and construction industries, its main customer industries. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter (1 April 2018 to 30 June 2018), public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Group's main customer industries.」
The Company continues to explain that public and private investment both remained firm in the civil engineering and construction industries, its main customer industries. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter (1 April 2017 to 31 December 2017), public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Group's main customer industries.」
The Company explains that public and private investment both remained firm with regard to construction demand, continuing from the previous quarter. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter (1 April 2017 to 30 September 2017), public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Group's main customer industries.」
The Company continues to explain that public and private investment both remained firm with regard to construction demand. - FY2018-Q1MitigatedAnnual report
「During the cumulative first quarter (1 April 2017 to 30 June 2017), public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Group's main customer industries.」
Regarding construction demand, the Company explains that public and private investment both remained firm, as in the previous fiscal year. - FY2017MitigatedAnnual report
「During the fiscal year under review, public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Company's main customer industries.」
The description has changed from weak demand through the previous quarter to public and private investment both remaining firm for the full fiscal year. - FY2017-Q3MitigatedAnnual report
「During the cumulative third quarter (1 April 2016 to 31 December 2016), public and private investment both remained firm in the environment surrounding the civil engineering and construction industries, which are among the Company's main customer industries.」
The Company explains that, unlike the weak construction demand described in the previous quarter, public and private investment both remained firm this quarter. It also states that there were no significant changes in business and other risks. - FY2017-Q2WorsenedAnnual report
「Regarding the environment surrounding the civil engineering and construction industries, which are among the Company's main customer industries, private investment remained solid, mainly in building-related construction in the Greater Tokyo area, while public investment overall was subject to delays in project starts. Construction demand remained weak, and the situation continues to be unpredictable.」
The description of dependence on construction demand has been made more specific, changing from a declining trend in public investment to widespread delays in project starts and weak demand overall. - FY2017-Q1Greater detail on regional differences in demand trendsAnnual report
「While the Greater Tokyo area remained solid, mainly in building-related construction, public investment in regional areas was on a declining trend. Construction demand overall remained below the previous fiscal year's level, and the situation remains unpredictable.」
Regarding the risk associated with dependence on construction demand, the Company explicitly describes regional differences, with conditions solid in the Greater Tokyo area and public investment declining in regional areas. - FY2016First statedAnnual report
「Because the civil engineering and construction industries, which are among the Company's main customer industries, are dependent on public investment and private capital investment, significant changes in the business environment, such as declining public investment or construction demand, could affect the Company's ability to secure orders and its business performance.」
The Company states that fluctuations in demand in its main customer industry could affect orders and business performance.