Lower Revenue and Earnings Due to Delays in Construction Projects Overseas
First written in FY2020-Q1. 5 of 11 entries say "Restated". Latest entry: FY2023-Q3.
Asahi Eito Holdings moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 10 of 22 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「However, during the nine months of the current consolidated fiscal year, the company had still not achieved sufficient improvement in earnings power or its financial position, partly because the overseas business continued to struggle.」
The Company continues to state that its overseas business is struggling to grow and that the Group as a whole has not achieved sufficient improvement in earnings power or its financial position. - FY2023-Q2RestatedAnnual report
「However, during the six months ended September 30, the overseas business continued to struggle due to the impact of COVID-19 and other factors, and the group as a whole has not achieved sufficient improvement in earnings power or its financial position.」
The overseas business continued to struggle under the impact of COVID-19 and other factors, and the Group's overall earnings power and financial position have yet to improve sufficiently. - FY2023-Q1RestatedAnnual report
「However, during the three months of the current first quarter consolidated fiscal period, the overseas business continued to struggle, partly because of the effects of COVID-19 and other factors, and the group as a whole had still not achieved sufficient improvement in earnings power or its financial position.」
The company states that its overseas business continues to struggle because of the impact of COVID-19 and other factors, and continues to describe a delay in the recovery of its overseas business. - FY2022WorsenedAnnual report
「In the overseas business, sales recovery has been delayed because the impact of COVID-19 has persisted in Vietnam and economic activity has stagnated in Myanmar due to the military coup.」
The Company states for the full fiscal year that recovery in overseas business revenue has been delayed due to the prolonged impact of the pandemic in Vietnam and stagnation in economic activity caused by the military coup in Myanmar. - FY2021WorsenedAnnual report
「Overseas sales declined from the previous fiscal year because the overseas business was significantly affected by COVID-19-related lockdowns in Vietnam in the latter half of the current consolidated fiscal year, while sales in Myanmar have been suspended due to the military coup there.」
The decline in overseas business revenue continued throughout the fiscal year as the impact of the lockdown in Vietnam grew and the suspension of sales in Myanmar continued. - FY2021-Q2Suspension of sales due to the military coup in MyanmarAnnual report
「In terms of sales, overseas sales decreased year on year because, while the overseas business was not significantly affected by COVID-19 during the six months ended September 30 of the previous year, it was affected during the six months ended September 30, and sales in Myanmar were suspended due to the impact of the military coup there.」
In the overseas business, in addition to the impact of COVID-19, the military coup in Myanmar resulted in the suspension of sales in Myanmar and a year-on-year decline in revenue, according to the Company. - FY2021-Q1Decline in overseas revenue due to the impact of infectious diseasesAnnual report
「In the overseas business, the impact of COVID-19 was not present during the cumulative first-quarter period of the previous fiscal year, whereas during the cumulative first-quarter period of the current fiscal year, the impact of the infection, primarily in Bangladesh and Myanmar, caused revenue to decline from the same quarter of the previous year.」
Revenue from the overseas business declined year on year due to the impact of COVID-19, particularly in Bangladesh and Myanmar. - FY2020RestatedAnnual report
「The overseas business recorded lower revenue and operating profit than in the same period of the previous year, due to delays in construction schedules in Vietnam following changes to construction-related laws and regulations by the Vietnamese government, as well as restrictions on economic activity in Asian countries caused by the COVID-19 pandemic.」
Changes in building-related regulations in Vietnam and restrictions on economic activity due to COVID-19 continue to be cited as factors behind lower revenue and profit in the overseas business. - FY2020-Q3RestatedAnnual report
「As a result, overseas business recorded lower revenue and lower profit than in the same quarter of the previous year, due to delays in construction schedules in Vietnam resulting from changes to construction-related laws and regulations by the Vietnamese government, as well as restrictions on economic activity in countries across Asia resulting from the COVID-19 pandemic.」
Changes in building regulations in Vietnam and restrictions on economic activity in Asian countries due to COVID-19 continue to be cited as factors behind lower sales and earnings in the overseas business. - FY2020-Q2Deterioration in overseas business due to changes in building regulations and infectious diseasesAnnual report
「As a result, overseas business recorded lower revenue and lower profit than in the same quarter of the previous year, due to delays in construction schedules in Vietnam resulting from changes to construction-related laws and regulations by the Vietnamese government, as well as restrictions on economic activity in countries across Asia resulting from the COVID-19 pandemic.」
In the overseas business, revenue and profit have continued to decline year on year because of delays in some construction projects, changes to Vietnam's construction-related laws and regulations, and restrictions on economic activity in Asian countries. - FY2020-Q1First statedAnnual report
「As a result, the overseas business recorded lower sales and profit than in the same quarter of the previous year due to delays in some construction projects, among other factors, but」
The Company states that the overseas business recorded lower revenue and lower profit year on year due to delays in some construction projects.