Sluggish private-sector demand
First written in FY2020. 11 of 17 entries say "Mitigated", first in FY2022-Q2. Latest entry: 2026-08-10.
Takamisawa moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 8 of 28 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「Sales to both public- and private-sector customers remained strong for capital investment projects related to energy conservation, labor saving and reducing environmental impact, resulting in higher revenue. However, the increase in personnel and selling expenses could not be fully absorbed, resulting in lower earnings. As a result, revenue in the electrical installation materials business was ¥20,720 million, up 4.2% year on year, and operating profit was ¥676 million, down 3.9%.」
Strong sales for public- and private-sector capital investment projects related to energy conservation, labor saving and reducing environmental impact resulted in higher revenue for the electrical installation materials business, easing concerns over weak private-sector capital investment demand in terms of actual results. However, earnings declined due to higher expenses. - FY2025MitigatedAnnual report
「Sales to both public- and private-sector customers remained strong for capital investment projects related to energy conservation, labor saving and reducing environmental impact, resulting in higher revenue and earnings.」
Strong capital investment projects related to energy conservation, labor saving and reducing environmental impact resulted in revenue of ¥38,320 million and operating profit of ¥1,008 million for the electrical installation materials business. - FY2025-H1MitigatedAnnual report
「Sales to both public- and private-sector customers remained strong for capital investment projects related to energy conservation, labor saving and reducing environmental impact. Although personnel and other expenses, including freight costs, increased, revenue and earnings rose. As a result, revenue in the electrical installation materials business was ¥19,888 million, up 3.2% year on year, and operating profit was ¥703 million, up 23.3%.」
Strong sales for capital investment projects related to energy conservation, labor saving and reducing environmental impact resulted in higher revenue and earnings for the electrical installation materials business. - FY2024-Q3MitigatedAnnual report
「Sales, centered on deliveries for capital investment projects, progressed steadily, and despite increases in personnel and other expenses, revenue and profit increased. As a result, revenue from the electrical equipment materials business was ¥28,081 million, up 9.0% year on year, and operating profit was ¥789 million, up 1.5%.」
Sales, mainly deliveries for capital investment projects, progressed smoothly, and the electrical installation materials business posted higher revenue and earnings, easing concerns over weak capital investment demand in terms of actual results. - FY2024-Q2MitigatedAnnual report
「Deliveries for capital investment projects progressed steadily, resulting in higher revenue, but increased personnel and other expenses led to lower profit.」
Deliveries for capital investment projects progressed smoothly, and the electrical installation materials business posted higher revenue, easing concerns over weak capital investment demand in terms of actual results. However, earnings declined due to higher personnel and other expenses. - FY2023WorsenedAnnual report
「In the Electrical and Telecommunications Materials Business, the order environment is expected to stagnate due to the deterioration in semiconductor market conditions and higher resource and material prices, with earnings expected to decline slightly year on year.」
The company has newly disclosed stagnation in the order environment, including private-sector demand, and an expected decline in earnings for the electrical installation materials business. - FY2023-Q3MitigatedAnnual report
「Sales increased as deliveries for capital investment projects progressed smoothly and 岐阜電材株式会社 was made a subsidiary.」
Deliveries for capital investment projects progressed smoothly, and the addition of 岐阜電材 as a subsidiary also contributed to higher sales in the Electrical and Telecommunications Materials Business. - FY2023-Q2MitigatedAnnual report
「Sales increased as deliveries for capital investment projects progressed smoothly and 岐阜電材株式会社 was made a subsidiary.」
Deliveries for capital investment projects progressed smoothly, and the addition of 岐阜電材 as a subsidiary also contributed to higher sales in the Electrical and Telecommunications Materials Business. Based on performance during the period, the concern over weak private-sector capital investment demand is described as having eased. - FY2023-Q1MitigatedAnnual report
「Sales increased as deliveries for capital investment projects progressed smoothly and 岐阜電材株式会社 was made a subsidiary.」
Deliveries for capital investment projects progressed smoothly, increasing sales in the Electrical and Telecommunications Materials Business. - FY2022-Q3RestatedAnnual report
「As capital investment projects began to recover, advance orders increased due to the impact of component procurement shortages, and sales performed steadily.」
The recovery in capital investment projects and increase in advance orders continue to be noted as having supported steady sales in the Electrical and Telecommunications Materials Business. - FY2022-Q2MitigatedAnnual report
「As capital investment projects began to recover, advance orders increased due to the impact of component procurement shortages, and sales performed steadily.」
Capital investment projects began to recover, and the concern over weak private-sector capital investment demand in the Electrical and Telecommunications Materials Business is described as having eased based on performance during the period. - FY2021WorsenedAnnual report
「In the electrical and telecommunications materials business, construction projects in both the public and private sectors declined due to the impact of the novel coronavirus, and further intensified price competition resulted in lower revenue and lower profit.」
The concern over weak private-sector demand is explicitly reflected in a decline in both public- and private-sector construction projects and lower revenue and earnings for the full fiscal year. - FY2021-Q3RestatedAnnual report
「With construction projects in both the public and private sectors declining due to the impact of the novel coronavirus, intensified price competition resulted in lower revenue and lower profit.」
The decline in both public- and private-sector construction projects continued in the Electrical and Telecommunications Materials Business, leading to intensified price competition and lower revenue and earnings. - FY2021-Q1MaterialisedAnnual report
「With construction projects in both the public and private sectors declining due to the impact of the novel coronavirus, intensified price competition resulted in lower revenue and lower profit.」
A decline in both public- and private-sector construction projects actually occurred in the Electrical and Telecommunications Materials Business, leading to lower revenue and earnings. - FY2020First statedAnnual report
「While weak private-sector demand is a concern in the Electrical and Telecommunications Materials Business, continued orders for public-sector projects, mainly infrastructure development projects, are expected.」
The concern over weak private-sector demand in the Electrical and Telecommunications Materials Business and the reliance on public-sector projects, mainly infrastructure development projects, are noted.