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Nippon Air Conditioning Services (4658) · RiskRestated

Loss of Contract Opportunities Due to Changes in Bidding Qualifications and the Designated Administrator System

First written in FY2016. 14 of 16 entries say "Restated". Latest entry: FY2025.

16entries
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ProgressHeldSoftenedWorseRestatedFY2018 – FY20252016: 120162017: 120172018: 220182019: 420192020: 320202021: 220212022: 120222023: 120232024: 020242025: 12025
Same theme, other companies
Competitive Bidding Systems and Condition Changes for Government ContractsA theme 5 companies write about · 5 as a headwind · 0 as a tailwind

2 other companies' latest entry also says "Restated".

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Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「● Loss of opportunities due to changes in eligibility requirements for participating in bidding systems for government-related projects ● Lost orders resulting from intensified competition following the introduction of the designated manager system and similar measures, which open government operations to the private sector」

    The risk of losing contract opportunities due to changes in bidding qualifications for government projects and the designated manager system continues to be disclosed.
  2. FY2023RestatedAnnual report

    「● Loss of opportunities due to changes in eligibility requirements for participating in bidding systems for government-related projects ● Lost orders resulting from intensified competition following the introduction of the designated manager system and similar measures, which open government operations to the private sector」

    Changes in bidding qualifications, intensified competition under the designated manager system, and lost orders continue to be disclosed as risks relating to government projects.
  3. FY2023-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The risk of losing contract opportunities due to changes in bidding qualifications and the designated manager system is treated as having undergone no significant change.
  4. FY2021RestatedAnnual report

    「● Loss of opportunities due to changes in eligibility requirements for participating in bidding systems for government-related projects ● Lost orders resulting from intensified competition following the introduction of the designated manager system and similar measures, which open government operations to the private sector」

    Changes in bidding qualifications, intensified competition under the designated manager system, and lost orders continue to be disclosed as risks relating to government projects.
  5. FY2021-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」

    The risk of losing contract opportunities due to changes in bidding qualifications and the designated manager system is treated as having undergone no significant change.
  6. FY2021-Q2RestatedAnnual report

    「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」

    The risk of losing contract opportunities due to changes in bidding qualifications and the designated manager system is treated as having undergone no significant change.
  7. FY2020RestatedAnnual report

    「● Loss of opportunities due to changes in eligibility requirements for participating in bidding systems for government-related projects ● Lost orders resulting from intensified competition following the introduction of the designated manager system and similar measures, which open government operations to the private sector」

    Changes in bidding qualifications, intensified competition under the designated manager system, and lost orders continue to be disclosed as risks relating to government projects.
  8. FY2020-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」

    The risk of losing contract opportunities due to changes in bidding qualifications and the designated manager system is treated as having undergone no significant change.
  9. FY2020-Q2RestatedAnnual report

    「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」

    The risk of losing contract opportunities due to changes in bidding qualifications and the designated manager system is treated as having undergone no significant change.
  10. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」

    The risk of losing contract opportunities due to changes in bidding qualifications and the designated manager system is treated as having undergone no significant change.
  11. FY2019RestatedAnnual report

    「Changes to the eligibility requirements for participating in this bidding system may result in the loss of opportunities to participate in bids. In addition, the introduction of the designated manager system and similar measures to open government operations to the private sector may change the entities placing orders and result in lost orders, which could affect the Group’s performance.」

    Changes in bidding qualifications, changes in contracting entities under the designated manager system, and lost orders continue to be disclosed as risks relating to government projects.
  12. FY2019-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」

    The risk of losing contract opportunities due to changes in bidding qualifications and the designated manager system is treated as having undergone no significant change.
  13. FY2019-Q2RestatedAnnual report

    「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」

    The risk of losing contract opportunities due to changes in bidding qualifications and the designated manager system is treated as having undergone no significant change.
  14. FY2018RestatedAnnual report

    「Changes to the eligibility requirements for participating in this bidding system may result in the loss of opportunities to participate in bids. In addition, the introduction of the designated manager system and similar measures to open government operations to the private sector may change the entities placing orders and result in lost orders, which could affect the Group’s performance.」

    Changes in bidding qualifications, changes in contracting entities under the designated manager system, and lost orders continue to be disclosed as risks relating to government projects.
  15. FY2017WorsenedAnnual report

    「Changes to the eligibility requirements for participating in this bidding system may result in the loss of opportunities to participate in bids. In addition, the introduction of the designated manager system and similar measures by government agencies may change the entities placing orders and result in lost orders or unexpected requests for price reductions, which could have a material effect on the Group’s financial results.」

    In addition to the existing risks of lost orders due to changes in bidding qualifications and the designated manager system, the disclosure explicitly identifies the possibility of unexpected requests for price reductions.
  16. FY2016First statedAnnual report

    「Changes to the eligibility requirements for participating in this bidding system may result in the loss of opportunities to participate in bids. In addition, the introduction of the designated manager system and similar measures to open government operations to the private sector may change the entities placing orders and result in lost orders, which could affect the Group’s performance.」

    Bidding qualifications for government projects, the designated manager system, and changes in contracting entities are disclosed as order-related risks.
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Loss of Contract Opportunities Due to Changes in Bidding Qualifications and the Designated Administrator System | Nippon Air Conditioning Services Co.,Ltd. (4658) | Komori