Komori
Mitani Sekisan (5273) · RiskMaterialisedLatest Revisions to earnings forecasts (2026-08-13): "Mitigated"

Fluctuations in Pile Demand Driven Primarily by Private-Sector Demand

First written in FY2016. 20 of 31 entries say "Materialised", first in FY2017-Q2. Latest entry: 2026-08-13.

31entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2017-Q2 – FY2019-Q1MaterialisedFY2020-Q1 – FY2021MitigatedFY2025-H1 – FY2026-H12016: 220162017: 320172018: 320182019: 320192020: 420202021: 420212022: 220222023: 320232024: 320242025: 120252026: 32026
Same theme, other companies
Demand and Business Performance Volatility Driven by Changes in Construction InvestmentA theme 47 companies write about · 45 as a headwind · 3 as a tailwind

Mitani Sekisan moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).

The whole theme swung hardest in 2020: 23 of 41 companies on the "Worse" side.

6 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.
Showing 14 of the 47 companies compared. The sentences above are computed from all 47.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-13MitigatedRevisions to earnings forecasts

    「官公需要、民間需要とも増加したため、業界全体の出荷量は前年同四半期比で2.5%増加いたしました。」

    官公需要・民間需要がともに増加し、業界全体の出荷量も前年同四半期比2.5%増となった。前期の減少局面から需要環境が改善している。
  2. FY2026MaterialisedAnnual report

    「Private-sector demand increased, but public-sector demand declined, resulting in a 0.2% decrease in total industry shipments from the previous period.」

    It states that private-sector demand increased while public-sector demand declined, resulting in a 0.2% decrease in total industry shipments from the previous period.
  3. 2026-05-14WorsenedEarnings

    「当社グループの主力製品であるコンクリートパイル業界におきましては、民間需要は増加しましたが、官公需要が減少したため、業界全体の出荷量は前期比で0.2%減少いたしました。」

    FY2026-H1の前年同期比0.4%増から、2026年3月期通期では業界全体の出荷量が前期比0.2%減少となり、需要変動の実績が悪化方向に動いた。
  4. FY2026-H1MitigatedAnnual report

    「Public-sector demand declined, but private-sector demand increased, resulting in a 0.4% year-on-year increase in total industry shipments, roughly in line with the previous period.」

    Public-sector demand declined, but private-sector demand increased, resulting in a 0.4% year-on-year increase in total industry shipments, roughly in line with the previous period. The risk of demand fluctuations remains, but total shipments improved from the year-earlier decline.
  5. FY2025-H1MitigatedAnnual report

    「Public-sector demand increased, but private-sector demand declined, resulting in a 6% year-on-year decrease in total industry shipments.」

    Private-sector demand continued to decline, but the decrease in total industry shipments narrowed to 6% year on year from the previous fiscal year's 21% full-year decline.
  6. FY2024MaterialisedAnnual report

    「Public-sector demand edged up, but private-sector demand declined, resulting in a 21% decrease in total industry shipments from the previous period.」

    Public-sector demand edged up while private-sector demand declined, resulting in a 21% full-year decrease in total industry shipments from the previous period. The risk of demand fluctuations materialized in the results.
  7. FY2024-Q3MaterialisedAnnual report

    「Both public-sector and private-sector demand declined, resulting in a 29% year-on-year decrease in total industry shipments.」

    It states that declines in both public-sector and private-sector demand resulted in a 29% year-on-year decrease in total industry shipments. The risk of declining demand continues to materialize in the results.
  8. FY2024-Q2MaterialisedAnnual report

    「Both public-sector and private-sector demand declined, resulting in a 32% year-on-year decrease in total industry shipments.」

    It states that both public-sector and private-sector demand declined and that total industry shipments decreased 32% year on year. The risk of declining demand continues to materialize in the results.
  9. FY2024-Q1MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand declined, resulting in a 31% year-on-year decrease in total industry shipments.」

    Both public-sector and private-sector demand declined, resulting in a 31% year-on-year decrease in total industry shipments. It states that results turned to a decline after the demand recovery phase through the previous year.
  10. FY2023-Q3MitigatedAnnual report

    「In the concrete pile industry, the Group's core product industry, public-sector demand declined, but private-sector demand increased, resulting in a 15.2% year-on-year increase in total industry shipments.」

    Public-sector demand declined, but increased private-sector demand resulted in a 15.2% year-on-year increase in total industry shipments. The risk of demand fluctuations remains, but overall demand improved.
  11. FY2023-Q2MitigatedAnnual report

    「Public-sector demand declined, but private-sector demand increased, resulting in a 16.5% year-on-year increase in total industry shipments.」

    Public-sector demand declined, but private-sector demand increased, resulting in a 16.5% year-on-year increase in total industry shipments. The risk of demand fluctuations remains, but overall demand improved during the quarter. The event is quantified.
  12. FY2023-Q1MitigatedAnnual report

    「In the concrete pile industry, the Group's core product industry, public-sector demand declined, but private-sector demand increased, resulting in a 5.1% year-on-year increase in total industry shipments.」

    Public-sector demand declined, but private-sector demand increased, resulting in a 5.1% year-on-year increase in total industry shipments. The risk of demand fluctuations remains, but overall demand improved during the quarter.
  13. FY2022-Q2RestatedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand remained at around the previous year's level, resulting in total industry shipments of 100.3% of the year-earlier level.」

    Public-sector and private-sector demand remained at around the previous year's level, and total industry shipments reached 100.3% of the year-earlier level. The risk of demand fluctuations remains, but no significant decline in demand was reported for the quarter.
  14. FY2022-Q1MitigatedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand increased, resulting in an 8.9% year-on-year increase in total industry shipments.」

    Both public-sector and private-sector demand increased, resulting in an 8.9% year-on-year increase in total industry shipments. The risk of demand fluctuations remains, but the demand environment improved during the quarter.
  15. FY2021MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand declined, resulting in a 7.8% decrease in total industry shipments from the previous period and a challenging operating environment.」

    It states that declines in both public-sector and private-sector demand continued and that total industry shipments decreased 7.8% from the previous period.
  16. FY2021-Q3MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand declined, resulting in a 7.3% year-on-year decrease in total industry shipments.」

    It states that declines in both public-sector and private-sector demand continued and that total industry shipments decreased 7.3% year on year.
  17. FY2021-Q2MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand declined, resulting in total industry shipments of 92.2% of the year-earlier level.」

    It states that declines in both public-sector and private-sector demand continued and that total industry shipments reached 92.2% of the year-earlier level.
  18. FY2021-Q1MaterialisedAnnual report

    「In the concrete secondary products business, we worked to strengthen sales amid a challenging operating environment in which demand declined in the core concrete pile segment.」

    It states that declining demand in the core concrete pile segment continued and materialized as a challenging operating environment.
  19. FY2020MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand declined, resulting in total industry shipments of 94.7% of the year-earlier level and a challenging operating environment.」

    It states that both public-sector and private-sector demand declined and that full-year total industry shipments reached 94.7% of the year-earlier level.
  20. FY2020-Q3MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand declined, resulting in total industry shipments of 91.8% of the year-earlier level.」

    It states that both public-sector and private-sector demand continued to decline and that total industry shipments reached 91.8% of the year-earlier level. The risk of declining demand continued to materialize in the results.
  21. FY2020-Q2MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand declined, resulting in total industry shipments of 89.6% of the year-earlier level.」

    It states that both public-sector and private-sector demand declined and that total industry shipments reached 89.6% of the year-earlier level.
  22. FY2020-Q1MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, both public-sector and private-sector demand declined, resulting in total industry shipments of 81.3% of the year-earlier level.」

    It states that both public-sector and private-sector demand declined and that total industry shipments reached 81.3% of the year-earlier level. The risk of declining demand materialized in the results.
  23. FY2019RestatedAnnual report

    「Overall demand in the Group's core pile segment is heavily influenced by private-sector demand. A decline in demand beyond expectations could affect the Group's business performance.」

    It reiterates the risk that demand in the core pile segment is influenced by private-sector demand.
  24. FY2019-Q1MaterialisedAnnual report

    「Public-sector demand declined, but private-sector demand increased, resulting in total shipments of 115.6% of the year-earlier level.」

    It states that demand composition shifted, with private-sector demand increasing and public-sector demand declining, and that total shipments reached 115.6% of the year-earlier level.
  25. FY2018MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, both private-sector and public-sector demand increased, resulting in total shipments of 102.6% of the year-earlier level.」

    While continuing to disclose the risk of demand fluctuations, it states that both private-sector and public-sector demand increased in the fiscal year and that shipments reached 102.6% of the year-earlier level.
  26. FY2018-Q3MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, private-sector demand declined, but public-sector demand increased, resulting in total shipments of 102% of the year-earlier level.」

    It states that private-sector demand continued to decline, while increased public-sector demand brought total shipments to 102% of the year-earlier level. Demand fluctuations materialized in the results.
  27. FY2018-Q2MaterialisedAnnual report

    「In the concrete pile industry, the Group's core product industry, private-sector demand declined, but public-sector demand increased, resulting in total shipments of 100.4% of the year-earlier level.」

    It states that private-sector demand continued to decline, while increased public-sector demand brought total shipments to 100.4% of the year-earlier level. Demand continued to fluctuate, but total shipments improved from 98.0% in the previous quarter.
  28. FY2018-Q1MaterialisedAnnual report

    「Public-sector demand increased, but private-sector demand declined, resulting in total shipments of 98.0% of the year-earlier level.」

    It states that the decline in private-sector demand materialized as total shipments at 98.0% of the year-earlier level, despite an increase in public-sector demand.
  29. FY2017-Q3MaterialisedAnnual report

    「In the concrete pile market, public-sector demand increased, but private-sector demand declined, resulting in a year-on-year decrease in total shipments.」

    It states that, despite an increase in public-sector demand, total shipments declined year on year because private-sector demand decreased.
  30. FY2017-Q2MaterialisedAnnual report

    「In the concrete pile market, the Group's core product market, weak demand caused both private-sector and public-sector demand to decline, resulting in a year-on-year decrease in total shipments.」

    It states that the previously anticipated decline in pile demand materialized as declines in both private-sector and public-sector demand and a year-on-year decrease in shipments.
  31. FY2016First statedAnnual report

    「Overall demand in the Group's core pile segment is heavily influenced by private-sector demand. A decline in demand beyond expectations could affect the Group's business performance.」

    It indicates that demand in the core pile segment is influenced by private-sector demand and that a decline beyond expectations could affect business performance.
Moved together

"Decline in operating rates in the hotel and bowling businesses due to COVID-19" moved the same way as this thread, in the same document, in 7 of its 31 moves.

764433★123456
  1. ★This thread
  2. 1Decline in operating rates in the hotel and bowling businesses due to COVID-197×
  3. 2Improving profitability through rigorous profit management and expense control6×
  4. 3Intensifying Price Competition and Entry of New Competitors4×
  5. 4Volatility in stock prices and exchange rates and concerns over a downturn in overseas economies4×
  6. 5Share Repurchases to Maintain Flexibility3×
  7. 6Balancing Stable Dividends with Retained Earnings3×

★ 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
Mitani Sekisan's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-08-13: "Mitigated".
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