Weak Demand for Bridge and Plant Anticorrosion-Coating Projects
First written in FY2017-Q3. 11 of 25 entries say "Worsened", first in FY2017. Latest entry: 2026-08-05.
Shinto Paint moved to the "Worse" side of this theme in 2019.
1 other company's latest entry also says "Mitigated".
- 2026-08-05MitigatedEarnings
「防食塗料分野において新規案件を獲得したこと、および認証品について一部販売を再開したこともあり好調に推移しました」
防食塗料について新規案件の獲得と認証品の一部販売再開が記載され、従来の低調要因に対する改善が示された。 - FY2026MitigatedAnnual report
「The anticorrosive coatings field increased overall, driven by higher sales of coatings for heavy machinery and factory-equipment repairs, as well as strong construction revenue at the subsidiary.」
The infrastructure field increased overall, as higher sales of anticorrosive coatings for heavy machinery and factory-equipment repairs, together with strong construction revenue at the subsidiary, offset continued weakness in anticorrosive coatings. - FY2025-H1RestatedAnnual report
「Infrastructure revenue was lower because general-purpose products in architectural and anticorrosion coatings remained sluggish, resulting in the segment as a whole falling below the previous year」
In anticorrosive coatings, weakness in general-purpose products has continued. Although the subsidiary's construction revenue was strong, demand remains uneven across fields. - FY2023-Q3WorsenedAnnual report
「Infrastructure revenue decreased because, although construction revenue at subsidiaries in architectural coatings showed signs of recovery, shipments remained sluggish following the cancellation or temporary suspension of JIS certification, while shipments in anticorrosion coatings decreased due to difficulty procuring raw materials and other factors.」
In addition to weakness in new bridge and plant projects, shipments of anticorrosive coatings declined due to difficulties procuring raw materials and other factors, indicating constraints on both demand and supply. - FY2023-Q2WorsenedAnnual report
「Infrastructure revenue declined because shipments for detached-home renovations, including construction revenue at subsidiaries, remained sluggish in architectural coatings due to the impact of COVID-19, and shipments in anticorrosion coatings decreased because of difficulties procuring raw materials and other factors.」
In anticorrosive coatings, in addition to continued weakness in traditional bridge and plant projects, shipments declined due to difficulties procuring raw materials, indicating constraints on both demand and supply. - FY2022WorsenedAnnual report
「Lower shipments for new bridge and plant applications weighed on anticorrosion coatings.」
Demand for new bridge and plant applications, which had previously been recovering, turned into lower shipments during the year, and weak projects for anticorrosion coatings continue. - 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.」
Lower sales to major users of new bridge construction and plant maintenance had a significant impact, and weak projects and demand for anticorrosion coatings continue. - FY2022-Q2WorsenedAnnual 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.」
Lower sales to major users of new bridge construction and plant maintenance had a significant impact, worsening the revenue impact of weak projects and demand for anticorrosion coatings. - FY2021-Q3RestatedAnnual report
「Revenue declined in anticorrosion coatings because bridge maintenance for public works was strong, but orders for private-sector and new-construction projects decreased due to the impact of COVID-19.」
Although bridge maintenance for public works remains strong, the pattern of lower revenue due to declining orders for private-sector and new-construction projects continues. - FY2021-Q2RestatedAnnual report
「Revenue declined in anticorrosion coatings because, despite firm orders for private-sector plant projects and public works, there were few new-construction projects.」
Although there are orders for private-sector plants and public works, the decline in revenue due to a shortage of new-construction projects continues. - FY2021-Q1WorsenedAnnual report
「Revenue declined in anticorrosion coatings because, despite firm orders for private-sector plant projects, there were few projects related to housing and new construction.」
Although there were orders for private-sector plant projects, a shortage of housing-related and new-construction projects led to lower revenue, and the factors behind weak demand for anticorrosion coatings persist and have worsened. - FY2020WorsenedAnnual report
「Revenue declined in anticorrosion coatings because shipments for new bridge projects, which had been strong in the previous consolidated fiscal year, turned sluggish, while orders for large private-sector plant projects also decreased.」
Shipments for new bridge projects, which had been recovering, turned sluggish, and the decline in orders for large private-sector plant projects added to the factors behind weak demand. - FY2020-Q3RestatedAnnual report
「Revenue declined in anticorrosion coatings because shipments for new bridge projects, which had been strong the previous year, turned sluggish, while orders for large private-sector plant projects also decreased.」
In addition to weaker shipments for new bridge projects, orders for large private-sector plant projects continue to decline, and the factors behind weak demand for anticorrosion coatings persist. - FY2020-Q2WorsenedAnnual report
「Revenue declined in anticorrosion coatings because shipments for new bridge projects, which had been strong the previous year, turned sluggish, while orders for large private-sector plant projects also decreased.」
Shipments for new bridge projects, which had been recovering in the previous fiscal year, turned sluggish, while the decline in orders for large private-sector plant projects added to the factors behind weak demand. - FY2020-Q1WorsenedAnnual report
「Revenue declined in anticorrosion coatings because shipments for new bridge projects, which had been strong the previous year, turned sluggish, while orders for large private-sector plant projects also decreased.」
In addition to new bridge projects, which had already become sluggish from the previous fiscal year, orders for large private-sector plant projects also declined, broadening the factors behind weak demand for anticorrosion coatings. - FY2019WorsenedAnnual report
「Shipments for private-sector plant maintenance remained firm, but revenue was roughly unchanged from the previous year because shipments for new bridge projects, which had been strong in the first half, turned sluggish in the second half.」
While private-sector plant applications remained firm, shipments for new bridge projects, which had been recovering, turned sluggish in the second half, partly reversing the recovery from the previous fiscal year. - FY2019-Q3MitigatedAnnual report
「Revenue increased in anticorrosion coatings because shipments for the core new bridge projects remained strong, while shipments for private-sector plant maintenance and housing concrete reinforcement materials also remained firm.」
Shipments for new bridges, private-sector plant maintenance and housing reinforcement materials remained firm, easing the previous impact of weak projects and sluggish demand. - FY2019-Q2MitigatedAnnual report
「Revenue increased in anticorrosion coatings because shipments for the core new bridge projects remained strong and shipments for private-sector plant maintenance also remained firm.」
Shipments for both new bridge projects and private-sector plant maintenance remained firm, easing the previous impact of weak projects and sluggish demand. - FY2019-Q1RestatedAnnual report
「Revenue increased in anticorrosion coatings because shipments for the core new bridge projects remained strong and shipments for private-sector plant maintenance also remained firm.」
Shipments for new bridge projects and private-sector plant maintenance remained firm, and the recovery in demand from the previous fiscal year continues. - FY2018MitigatedAnnual report
「Revenue increased in anticorrosion coatings because shipments for the core new bridge projects remained strong, shipments for private-sector plant maintenance recovered in the second half, and shipments of concrete reinforcement materials for housing were also strong.」
Shipments for new bridges, private-sector plant maintenance and housing reinforcement materials became strong, easing the previous impact of weak demand and difficulty acquiring projects. - FY2018-Q3MitigatedAnnual report
「Revenue increased in anticorrosion coatings because shipments for the core new bridge projects remained strong and shipments for private-sector plant maintenance also recovered in the second half.」
Shipments for previously sluggish new bridge projects became strong, and shipments for private-sector plant maintenance also recovered, easing the previous impact of weak demand. - FY2018-Q2RestatedAnnual report
「Shipments for private-sector plant maintenance, which had been strong the previous year, declined, but shipments for the core new bridge projects turned strong, leaving revenue roughly at the previous year's level.」
Although shipments for private-sector plant maintenance remain lower, the core new bridge projects have turned strong, and revenue is roughly at the previous year's level. - FY2018-Q1RestatedAnnual report
「Although maintenance demand recovered at some private-sector users, revenue declined because orders for the core new bridge projects remained sluggish.」
Although some maintenance demand has recovered, orders for the core new bridge projects remain sluggish and the risk factors persist. - FY2017WorsenedAnnual report
「Revenue declined in anticorrosion coatings because demand for public works stagnated in the second half and the acquisition of new projects remained sluggish amid intensifying price competition.」
In addition to weak bridge and plant projects, sluggish public works demand and difficulty acquiring new projects due to price competition are identified as factors behind the annual revenue decline. - FY2017-Q3First statedAnnual report
「Revenue declined in anticorrosion coatings because bridge projects in eastern Japan, plants and weathering steel treatment agents were sluggish, while bridge and plant applications in western Japan, which had been relatively strong in the first half, also became sluggish in the third quarter.」
In addition to bridge and plant projects in eastern Japan, bridge and plant applications in western Japan also became sluggish in the third quarter, and the disclosure states that this resulted in lower revenue from anticorrosion coatings.