Komori
Maruwa (5344) · RiskRestated

Dependence of the Lighting Equipment Business on Public Works

First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2025.

7entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2019RestatedFY2022 – FY20252017: 120172018: 020182019: 120192020: 020202021: 320212022: 120222023: 020232024: 020242025: 12025
Same theme, other companies
Performance Risk from Dependence on Government Markets and Budget FluctuationsA theme 50 companies write about · 51 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 8 of 33 companies on the "Worse" side.

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

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 50 companies compared. The sentences above are computed from all 50.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「Our principal products are public and high-intensity lighting used in tunnels, roads and other locations. The operating results and financial position of our group may be affected by delays in project schedules caused by natural disasters, infectious diseases and other factors.」

    Continues to state the business structure centered on public lighting as a principal product and the risk of delays in project schedules caused by natural disasters and infectious diseases.
  2. FY2022RestatedAnnual report

    「Our principal products are public and high-intensity lighting used in tunnels, roads and other locations. The operating results and financial position of our group may be affected by delays in project schedules caused by natural disasters, infectious diseases and other factors.」

    Continues to state the lighting equipment business's connection to public lighting and the impact on performance of delays in project schedules caused by natural disasters and infectious diseases.
  3. FY2022-Q2MaterialisedAnnual report

    「In this business, we focused on products with improved luminous intensity and light distribution performance, as well as products using high-color-rendering light sources, and actively pursued process improvements to enhance profitability. However, there were delays in public works projects due to the spread of COVID-19.」

    In connection with the lighting equipment business's dependence on public works, delays in public works projects due to the spread of infectious diseases continue to be cited as an actual impact.
  4. FY2022-Q1MaterialisedAnnual report

    「In this business, there were delays in public works projects due to the spread of COVID-19, but」

    In connection with the lighting equipment business's dependence on public works, delays in public works projects due to the spread of infectious diseases continue to be cited as an actual impact.
  5. FY2021MaterialisedAnnual report

    「In the lighting equipment business, there were delays in the schedules of public works projects due to the spread of infectious diseases, but」

    States that delays in the schedules of public works projects due to the spread of infectious diseases actually occurred as a risk associated with dependence on public works.
  6. FY2019RestatedAnnual report

    「The lighting equipment business, which is the business area of MARUWA SHOMEI, is heavily dependent on public-sector projects.」

    Continues to state that the lighting equipment business depends on public works and that changes in public investment and delays in project execution affect performance.
  7. FY2017First statedAnnual report

    「The lighting equipment business, which is the business area of MARUWA SHOMEI, is heavily dependent on public-sector projects.」

    States that the lighting equipment business is heavily dependent on public works, and that changes in public investment and delays in project execution could affect performance.
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