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Shinto Paint (4615) · RiskRestated

Delays in Road-Facility Paint Work Due to Accidents, Postponed Orders, and Adverse Weather

First written in FY2017-Q2. 7 of 26 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2025-H1.

26entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2022-Q3 – FY2023-Q1RestatedFY2024-Q2 – FY2025-H12016: 12017: 420172018: 420182019: 420192020: 420202021: 320212022: 320222023: 120232024: 22024
Same theme, other companies
Declining demand for road-facility coatings due to accidents, order postponements and adverse weatherA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025-H1RestatedAnnual report

    「Although there were negative factors, including lower demand for road infrastructure coatings due to fewer construction projects, the segment increased overall because construction revenue at subsidiaries remained strong.」

    Although lower demand for road infrastructure coatings due to fewer construction projects continues, strong construction revenue at subsidiaries offset the impact, and infrastructure revenue overall increased.
  2. FY2024-Q3RestatedAnnual report

    「Road infrastructure coatings declined overall, mainly because demand fell amid a decline in the number of construction projects.」

    Lower demand for road infrastructure coatings due to the decline in construction projects continues.
  3. FY2024-Q2RestatedAnnual report

    「Road infrastructure coatings declined overall, mainly because demand fell amid a decline in the number of construction projects.」

    Lower demand for road infrastructure coatings due to the decline in construction projects continues.
  4. FY2023-Q1WorsenedAnnual report

    「Infrastructure revenue decreased because, although construction revenue at subsidiaries in architectural coatings was strong, shipments for detached-house renovations remained sluggish due to the impact of the COVID-19 pandemic, while demand for core colored paving materials and anti-slip materials in road infrastructure coatings declined.」

    The disclosure indicates lower demand for the core colored paving and anti-skid materials in road infrastructure coatings, with the impact of reduced construction volumes after the Tokyo 2020 Olympic and Paralympic Games continuing.
  5. FY2022WorsenedAnnual report

    「In road infrastructure coatings, revenue declined mainly because sales of the core anti-skid and colored paving materials struggled amid a decline in the number of construction projects after the Tokyo 2020 Olympic and Paralympic Games.」

    In addition to the previous effects of weather and construction delays, the decline in construction projects after the Tokyo 2020 Olympic and Paralympic Games has materialized as sluggish sales of the core products.
  6. FY2022-Q3WorsenedAnnual report

    「Infrastructure revenue declined in anticorrosion coatings, mainly because lower sales to major users of new bridge construction and plant maintenance had a significant impact, and because sales of the core anti-skid and colored paving materials struggled as construction volumes contracted after the Tokyo 2020 Olympic and Paralympic Games, but increased overall as subsidiary construction revenue was strong and significantly exceeded the previous year.」

    The contraction in construction volumes and sluggish sales of core products after the Tokyo 2020 Olympic and Paralympic Games have newly materialized. At the same time, construction revenue at subsidiaries was strong, and infrastructure revenue overall increased, according to the disclosure.
  7. FY2022-Q2RestatedAnnual report

    「Infrastructure revenue declined in anticorrosion coatings, mainly because lower sales to major users of new bridge construction and plant maintenance had a significant impact, but increased overall because construction revenue at subsidiaries was strong and the core anti-skid aggregates and grade repair materials in road infrastructure coatings performed well.」

    The core anti-skid aggregates and grade repair materials in road infrastructure coatings are performing well, and the impact of previous construction delays, orders and weather-related factors continues to be absorbed.
  8. FY2022-Q1MitigatedAnnual report

    「Revenue increased in road infrastructure coatings, mainly because the core colored paving materials and grade repair materials performed well.」

    The strong performance of the core colored paving materials and grade repair materials is easing the previous impact of construction delays, lower orders and adverse weather.
  9. FY2021-Q3MitigatedAnnual report

    「In road infrastructure coatings, business had remained sluggish due to the impact of COVID-19, but favorable weather continued from October onward and construction orders increased, resulting in strong performance by the core anti-skid and thermoplastic products and revenue roughly matching the previous year.」

    Although the impact of the pandemic remains, favorable weather and growth in construction orders from October onward have supported the core products, with revenue recovering to roughly the previous year's level.
  10. FY2021-Q2WorsenedAnnual report

    「In road infrastructure coatings, business remained firm as the core anti-skid work was pushed back from the previous fiscal year, but revenue declined because private-sector construction projects were halted following the declaration of a state of emergency.」

    While construction carried over from the previous fiscal year provided support, the suspension of private-sector construction projects under the state of emergency actually occurred, leading to lower revenue.
  11. FY2021-Q1MaterialisedAnnual report

    「In road infrastructure coatings, business remained firm as the core anti-skid work was pushed back from the previous fiscal year, but revenue declined because private-sector construction projects were halted following the declaration of a state of emergency.」

    The risks associated with construction delays and the suspension of orders and construction have materialized as the suspension of private-sector construction projects under the state of emergency and a decline in revenue.
  12. FY2020MitigatedAnnual report

    「In road infrastructure coatings, revenue increased despite the effects of adverse weather and traffic restrictions related to the G20 summit, as shipments of high-value-added products such as anti-skid materials, colored paving materials and grade correction materials remained strong.」

    The effects of adverse weather and traffic restrictions occurred, but strong shipments of high-value-added products increased revenue and absorbed the impact.
  13. FY2020-Q3RestatedAnnual report

    「Although road infrastructure coatings were affected by adverse weather and traffic restrictions associated with the G20 summit, revenue increased as shipments of high-value-added products, including anti-slip materials, colored paving materials and step-repair materials, remained strong.」

    The effects of adverse weather and traffic restrictions associated with the G20 summit continue to occur, but revenue is increasing on strong shipments of high-value-added products.
  14. FY2020-Q2MaterialisedAnnual report

    「Although road infrastructure coatings were affected by adverse weather and traffic restrictions associated with the G20 summit, revenue increased as shipments of high-value-added products, including anti-slip materials, colored paving materials and step-repair materials, remained strong.」

    While the effects of adverse weather and traffic restrictions associated with the G20 summit actually occurred, revenue increased on strong shipments of high-value-added products.
  15. FY2020-Q1MaterialisedAnnual report

    「Although road infrastructure coatings were affected by adverse weather and traffic restrictions associated with the G20 summit, revenue increased as shipments of high-value-added products, including anti-slip materials, colored paving materials and step-repair materials, remained strong.」

    Although the impact of adverse weather and traffic restrictions associated with the G20 summit actually occurred, strong shipments of high-value-added products increased revenue from road infrastructure coatings.
  16. FY2019MitigatedAnnual report

    「In the road-facility coatings sector, paving work contracted amid successive natural disasters, including heavy rains. However, sales were broadly in line with the previous year owing in part to the acquisition of new customers.」

    Although natural disasters reduced paving work, the impact on revenue was kept approximately in line with the previous year through the acquisition of new users.
  17. FY2019-Q3MitigatedAnnual report

    「In the road-facility coatings sector, paving work contracted amid successive natural disasters, including heavy rains. However, sales were broadly in line with the previous year owing in part to the acquisition of new customers.」

    Although natural disasters reduced paving work, the impact on revenue was kept approximately in line with the previous year through the acquisition of new users.
  18. FY2019-Q2MaterialisedAnnual report

    「In the road-facility coatings sector, sales declined because paving work contracted amid successive natural disasters, including heavy rains.」

    A reduction in paving work due to natural disasters actually occurred, resulting in lower shipments and revenue.
  19. FY2019-Q1MaterialisedAnnual report

    「In the road-facility coatings sector, shipments of colored paving materials remained solid, but shipments of skid-resistant paving materials were weak because of construction restrictions during Golden Week and the Northern Kyushu Heavy Rains, resulting in lower sales.」

    Construction restrictions and torrential rain in northern Kyushu actually reduced shipments of anti-slip paving materials and revenue from road infrastructure coatings.
  20. FY2018MaterialisedAnnual report

    「Revenue from road infrastructure coatings was approximately unchanged from the previous year because shipments of core anti-slip and colored paving materials recovered in the second half, although construction was postponed due in part to heavy snow.」

    While shipments recovered in the second half, construction postponements due to heavy snow actually occurred, limiting revenue growth.
  21. FY2018-Q3MitigatedAnnual report

    「Revenue from road infrastructure coatings was approximately unchanged from the previous year because shipments of anti-slip and colored paving materials, which had declined due to adverse weather in the summer, recovered in the second half.」

    Although adverse weather caused shipments to decline, shipments of anti-slip and colored paving materials recovered in the second half, easing the impact.
  22. FY2018-Q2MaterialisedAnnual report

    「In road infrastructure coatings, shipments of anti-slip and colored paving materials remained strong in the first quarter, but decreased in the second quarter due to adverse weather, resulting in lower revenue.」

    The disclosure states that lower shipments and revenue due to adverse weather actually occurred in the second quarter.
  23. FY2018-Q1MitigatedAnnual report

    「Revenue from road infrastructure coatings increased because orders for maintenance and repair work on the Metropolitan Expressway became more active, shipments of anti-slip paving materials improved, and sales of colored paving materials, a priority product, remained strong.」

    More active orders, improved shipments of anti-slip paving materials and strong sales of colored paving materials have eased the impact of previous factors such as construction delays and lower orders.
  24. FY2017RestatedAnnual report

    「Revenue from road infrastructure coatings decreased because shipments of core colored paving materials and anti-slip paving materials remained sluggish.」

    Revenue from road infrastructure coatings has continued to decline due to sluggish shipments of colored paving materials and anti-slip paving materials.
  25. FY2017-Q3WorsenedAnnual report

    「Revenue from road infrastructure coatings decreased due to lower orders from major users and sluggish growth in anti-slip paving materials.」

    Apart from the previously identified risks such as accidents and construction delays, lower orders from major users and sluggish growth in anti-slip paving materials have emerged as new factors behind lower revenue.
  26. FY2017-Q2First statedAnnual report

    「Revenue from road infrastructure coatings decreased because shipment volumes fell as construction delays caused by accidents and other factors at major users coincided with postponed orders and adverse weather.」

    A product-specific risk has emerged for the first time: construction delays due to accidents and other factors, postponed orders and adverse weather coincided, resulting in actual decreases in shipment volumes and revenue.
Moved together

"High Reliance on Borrowings and Interest-Rate Risk" moved the same way as this thread, in the same document, in 10 of its 26 moves.

10109988★123456
  1. ★This thread
  2. 1High Reliance on Borrowings and Interest-Rate Risk10×
  3. 2Impact on sales from production adjustments by major users10×
  4. 3Reducing Borrowings Through Improved Asset Efficiency9×
  5. 4Increase in ordinary profit and profit attributable to owners of the parent despite declining sales9×
  6. 5Product Sales Expansion and Active Sales Activities8×
  7. 6Uncertainty over Domestic and Overseas Economic Conditions and China’s Economic Slowdown8×

★ 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.

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