Completion of Large-Scale Construction Projects and Sluggish Public and Private Construction
First written in FY2018-Q1. 10 of 27 entries say "Restated". Latest entry: FY2026.
Takamisawa moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 21 of 35 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the construction-related business, order volumes for both public- and private-sector projects are expected to remain at the same level as the previous year. However, the business environment is expected to remain challenging because of further increases in raw material, material and personnel costs.」
The challenging business environment resulting from the order environment for public- and private-sector construction and rising raw material, material and personnel costs continues to be indicated. - FY2025RestatedAnnual report
「Although the volume of public-sector construction orders was somewhat weak, demand for private-sector construction remained firm, and orders increased as a result of proactive sales activities, including proposals for construction methods, leading to higher sales. However, personnel and selling expenses increased, and despite efforts to reduce manufacturing costs and pass costs on through selling prices, profit declined.」
Although public works remained sluggish, private-sector demand and order volume increased. However, higher labor and selling expenses, among other factors, resulted in lower profit in the construction-related business. - FY2025-H1Public works sluggish, private-sector demand firm, but higher costs reduce profitAnnual report
「Although the volume of public-sector construction orders was somewhat weak, demand for private-sector construction remained firm, and orders increased as a result of proactive sales activities, including proposals for construction methods, leading to higher sales. However, personnel and selling expenses increased, and despite efforts to reduce manufacturing costs and pass costs on through selling prices, profit declined.」
Although the volume of public works orders was sluggish, private-sector construction demand and order volume increased. However, higher labor and selling expenses, among other factors, resulted in lower profit in the construction-related business. - FY2024-Q3WorsenedAnnual report
「Sales to both public- and private-sector construction projects remained sluggish. Despite efforts to reduce manufacturing costs and pass higher costs through to selling prices in response to surging prices for raw materials and fuel and higher prices for purchased products, revenue and profit declined. As a result, the construction-related business reported revenue of ¥6,646 million, down 17.0% year on year, and operating profit of ¥338 million, down 6.7% year on year.」
Sales to public- and private-sector construction projects remained sluggish and costs continued to rise. Despite efforts to reduce costs and pass them through to selling prices, the construction-related business reported a 17.0% decline in revenue and a 6.7% decline in operating profit. - FY2024-Q2RestatedAnnual report
「Sales of both public- and private-sector construction remained weak. Despite efforts to reduce manufacturing costs and pass on the impact of surging raw material and fuel prices and higher prices for purchased products, sales and profit declined.」
Sales to public- and private-sector construction projects remained sluggish, while prices for raw materials and fuel continued to rise, and the construction-related business continued to report lower revenue and profit. - FY2024-Q1WorsenedAnnual report
「Orders for both public- and private-sector construction remained weak. Despite efforts to reduce manufacturing costs and pass on the impact of surging raw material and fuel prices and higher prices for purchased products, sales and profit declined.」
In addition to sluggish orders for public- and private-sector construction projects, prices for raw materials and fuel continued to rise. The construction-related business reported revenue of ¥1,939 million and operating profit of ¥35 million, resulting in lower revenue and profit. - FY2023MitigatedAnnual report
「The construction-related business secured revenue above the previous consolidated fiscal year from measures to strengthen national resilience and multiple large private-sector construction projects. Despite the impact of surging prices for raw materials and fuel and higher prices for purchased products, efforts to reduce manufacturing costs and pass costs through to selling prices resulted in higher profit.」
Revenue was secured from national resilience projects and large private-sector construction projects, mitigating the impact of the previously identified risk of sluggish construction activity through cost reductions and the pass-through of costs into selling prices. - FY2023-Q3RestatedAnnual report
「Sales exceeded the level in the same quarter of the previous year on disaster-resilience construction projects and several large private-sector projects. Despite the impact of surging raw material and fuel prices and higher prices for purchased products, efforts to reduce manufacturing costs and pass costs on through selling prices resulted in higher profit.」
While trends in public works remain a factor affecting performance, revenue was secured from national resilience projects and large private-sector construction projects, and lower costs and the pass-through of costs into selling prices resulted in higher profit. This situation continues to be reported. - FY2023-Q1MitigatedAnnual report
「Sales exceeded the level in the same quarter of the previous year on disaster-resilience construction projects and several large private-sector projects. Despite the impact of surging raw material and fuel prices and higher prices for purchased products, efforts to reduce manufacturing costs and pass costs on through selling prices resulted in higher profit.」
The description changed from lower profit due to a shortage of new public works orders to higher profit as revenue was secured from national resilience projects and large private-sector construction projects. - FY2022-Q3WorsenedAnnual report
「Although deliveries of concrete products to disaster recovery sites, watershed flood-control project sites, and multiple large-scale land development sites progressed steadily, there were few new public works orders, and other civil engineering materials performed sluggishly, resulting in lower profit.」
While deliveries for disaster recovery, watershed flood-control, and large-scale land development projects progressed steadily, there were few new public works orders. The construction-related business reported revenue of ¥6,975 million and operating profit of ¥229 million, representing lower revenue and profit than in the same quarter of the previous year. - FY2022-Q2RestatedAnnual report
「Although deliveries of concrete products to disaster recovery sites affected by the Reiwa 1 East Japan Typhoon and multiple large-scale land development sites performed strongly, there were few new public works orders, and other civil engineering materials performed sluggishly, resulting in lower profit.」
It continues to restate that, although deliveries for disaster recovery projects and large-scale land development sites were strong, there were few new public works orders, and other civil engineering materials performed sluggishly, resulting in lower profit. - FY2022-Q1WorsenedAnnual report
「Although deliveries of concrete products to disaster recovery sites affected by the Reiwa 1 East Japan Typhoon and multiple large-scale land development sites performed strongly, there were few new public works orders, and other civil engineering materials performed sluggishly, resulting in lower profit.」
While deliveries for disaster recovery projects and large-scale land development sites were strong, there were few new public works orders, and other civil engineering materials performed sluggishly, resulting in lower profit in the construction-related business. - FY2021MitigatedAnnual report
「In the fiscal year under review, recovery work at disaster sites in Nagano Prefecture affected by the "Reiwa 1 East Japan Typhoon" gained momentum, while civil engineering materials such as concrete products for public- and private-sector projects performed strongly, resulting in higher revenue and profit in the construction-related business.」
The impact of previously sluggish construction activity was mitigated by the full-scale progress of recovery work and strong performance by civil engineering materials for public- and private-sector construction projects. - FY2021-Q3MitigatedAnnual report
「Recovery work at disaster sites in Nagano Prefecture affected by the Reiwa 1 East Japan Typhoon got into full swing, while civil engineering materials such as concrete products for public- and private-sector construction projects performed strongly, resulting in higher revenue and profit.」
The impact of previously sluggish construction activity was mitigated as typhoon recovery projects got into full swing and civil engineering materials for public- and private-sector construction projects performed strongly, resulting in higher revenue and profit in the construction-related business. - FY2021-Q1MitigatedAnnual report
「In addition to the start of recovery work at disaster sites in Nagano Prefecture affected by the Reiwa 1 East Japan Typhoon, progress was made on public works that had been deferred. As a result, civil engineering materials such as concrete products performed strongly, resulting in higher revenue and profit.」
The construction-related business changed from lower revenue and profit due to sluggish public- and private-sector construction activity to higher revenue and profit as typhoon recovery projects and deferred public works progressed. - FY2020MitigatedAnnual report
「In the fiscal year under review, sales of construction materials for large private-sector projects were strong. Deliveries of proprietary products and other items for disaster prevention and mitigation projects and typhoon disaster recovery projects in public works also progressed steadily, resulting in higher revenue and profit in the construction-related business.」
Compared with the previous impact of sluggish public- and private-sector construction activity, large private-sector projects, disaster prevention and mitigation projects, and typhoon disaster recovery projects performed strongly, resulting in higher revenue and profit in the construction-related business. - FY2020-Q2RestatedAnnual report
「In addition to strong sales of construction materials for large private-sector construction projects, deliveries of proprietary products for disaster prevention and mitigation projects in public works also progressed steadily, resulting in higher revenue and profit.」
The construction-related business continues to report higher revenue and profit, supported by strong large private-sector projects and public works related to disaster prevention and mitigation. - FY2020-Q1MitigatedAnnual report
「In addition to strong sales of construction materials for large private-sector construction projects, deliveries of proprietary products for disaster prevention and mitigation projects in public works also progressed steadily, resulting in higher revenue and profit.」
The business changed from lower revenue and profit due to sluggish public- and private-sector construction activity to higher revenue and profit as large private-sector projects and public works related to disaster prevention and mitigation performed strongly. - FY2019WorsenedAnnual report
「The main factors affecting the operating results and other aspects of the Group's performance are as follows. In the construction-related business and electrical equipment and materials business, the Company's principal businesses, trends in public works have the greatest impact.」
For the full year, the construction-related business reported lower revenue and profit due to sluggish public- and private-sector construction activity, a lower delivery ratio for high-value-added products, and higher transportation costs. - FY2019-Q3RestatedAnnual report
「Public- and private-sector construction remained sluggish, resulting in lower revenue, but profit increased because high-value-added products accounted for a larger proportion of sales.」
It continues to state that, although the decline in public- and private-sector construction activity has continued to reduce revenue, the higher proportion of high-value-added products has resulted in higher profit. - FY2019-Q2RestatedAnnual report
「Public- and private-sector construction remained sluggish, resulting in lower revenue, but profit increased because high-value-added products accounted for a larger proportion of sales.」
It continues to state that, although the decline in public- and private-sector construction activity has continued to reduce revenue, the higher proportion of high-value-added products has resulted in higher profit. - FY2019-Q1SoftenedAnnual report
「Public- and private-sector construction remained sluggish, resulting in lower revenue, but profit increased because high-value-added products accounted for a larger proportion of sales.」
Lower revenue due to weak public- and private-sector construction continued, but the previous reference to the completion of large-scale construction projects was removed, and higher profit was attributed to high-value-added products. - FY2018-Q3RestatedAnnual report
「In addition to the completion of large-scale construction projects for which the company had mainly supplied value-added products, public- and private-sector construction remained sluggish, resulting in lower revenue and lower profit.」
The completion of large-scale construction projects and weak public- and private-sector construction continue to be cited as factors behind lower revenue and lower profit in the construction-related business. - FY2018-Q2RestatedAnnual report
「In addition to the completion of large-scale construction projects for which the company had mainly supplied value-added products, public- and private-sector construction remained sluggish, resulting in lower revenue and lower profit.」
The completion of large-scale construction projects and weak public- and private-sector construction continue to be cited as factors behind lower revenue and lower profit in the construction-related business. - FY2018-Q1First statedAnnual report
「In addition to the completion of large-scale construction projects for which the company had mainly supplied value-added products, public- and private-sector construction remained sluggish, resulting in lower revenue and lower profit.」
The completion of large-scale construction projects and weak public- and private-sector construction were actual factors behind lower revenue and lower profit in the construction-related business.