Komori
Japan Insulation (5368) · InitiativeAdvancedLatest Results (2026-08-13): "Worsened"

Expanding the domestic market and improving profitability

First written in FY2020. 8 of 21 entries say "Advanced", first in FY2021-Q3. Latest entry: 2026-08-13.

21entries
7years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2022-Q2 – FY2023-Q3OtherFY2024-Q1 – FY20252020: 120202021: 420212022: 320222023: 420232024: 320242025: 220252026: 42026
Same theme, other companies
Strengthening the Domestic Business’s Earnings BaseA theme 25 companies write about · 0 as a headwind · 26 as a tailwind

The whole theme swung hardest in 2026: 3 of 20 companies on the "Worse" side.

3 other companies' latest entry also says "Worsened".

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 25 companies compared. The sentences above are computed from all 25.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-13WorsenedResults

    「建築関連では、データーセンター向け耐火被覆工事が大幅に増加したものの、物流施設やオフィス向け耐火被覆工事が減少し、前期に売上を押し上げた大型案件向け販売も完了したことなどから、建築関連セグメント全体の売上高は前年同期を下回りました。」

    建築関連では一部需要が増加したものの、物流施設・オフィス向け工事の減少と大型案件の完了により、当第1四半期の売上高は前年同期比14.7%減となった。
  2. FY2026AdvancedAnnual report

    「Orders increased for large-scale fireproofing projects at logistics facilities, offices, government facilities and other sites, resulting in a year-on-year increase in construction revenue.」

    In domestic construction-related operations, increased orders for large-scale projects and higher sales of fireproofing materials for residential applications and chimney lining materials resulted in construction-related revenue of ¥5,114.836 million, up 14.7% year on year.
  3. FY2026-H1AdvancedAnnual report

    「As a result, total construction-related revenue was ¥2,587.542 million, up 18.5% year on year, and operating profit was ¥533.001 million, up 51.4%.」

    In construction-related operations, fireproofing work at offices, logistics facilities and other sites, as well as sales of fireproofing materials for residential applications and chimney lining materials, increased, resulting in year-on-year increases in revenue and operating profit.
  4. FY2025Full-year domestic construction-related results updateAnnual report

    「In the sales division, sales volumes of fireproofing materials for residential applications and profiles for carbon-fiber-reinforced plastic (CFRP) remained firm, but sales revenue declined year on year, partly because progress on planned large-scale non-residential projects was delayed and small- and medium-sized projects were weak. The increase in construction revenue did not offset the decline in sales revenue.」

    Sales of fireproofing materials for residential applications and profiles for CFRP remained firm, but delays in large-scale non-residential projects and weakness in small- and medium-sized projects resulted in construction-related revenue of ¥4,458.325 million, down 3.2% year on year.
  5. FY2025-H1First-half domestic construction-related results updateAnnual report

    「In construction-related operations, the company pursued orders for fireproofing work at large logistics facilities, and revenue in the construction division increased year on year. In the sales division, revenue declined year on year, partly because progress on planned large-scale projects was delayed and small- and medium-sized projects were weak. As a result, construction-related segment revenue was ¥2,182.778 million, down 2.0% year on year, and operating profit was ¥352.010 million, down 13.7%.」

    Although the company pursued orders for fireproofing work at large logistics facilities, delays in large-scale projects in the non-residential sector and weakness in small- and medium-sized projects resulted in year-on-year declines in construction-related revenue and operating profit.
  6. FY2024Full-year domestic business results updateAnnual report

    「As a result, total construction-related revenue, including construction and sales, was ¥4,603.413 million, down 6.8% year on year.」

    In construction-related operations, sales of fireproofing materials for residential applications and profiles for CFRP and the pass-through of higher costs progressed, but could not offset weak orders for large-scale logistics projects, resulting in a year-on-year decline in full-year revenue.
  7. FY2024-Q3Third-quarter construction-related results updateAnnual report

    「As a result, total construction-related revenue was ¥3,456.435 million, down 6.7% year on year, and operating profit was ¥686.820 million, down 4.2%.」

    In construction-related operations, sales of fireproofing materials for residential applications and profiles for CFRP increased and the pass-through of higher costs progressed, but these factors could not offset weak orders for large-scale logistics-related projects, resulting in year-on-year declines in revenue and operating profit.
  8. FY2024-Q2Second-quarter construction-related results updateAnnual report

    「In the sales division, sales revenue increased year on year, supported by firm sales volumes of fireproofing materials for residential applications and profiles for CFRP, as well as the effects of passing through higher costs, but the increase in sales revenue did not offset the decline in construction revenue.」

    In construction-related operations, the recovery in demand in the sales division and the pass-through of higher costs contributed to higher revenue, but could not offset weak orders for large-scale logistics-related projects. Revenue was ¥2,227.620 million, down 9.0% year on year, and operating profit was ¥407.778 million, down 14.6%.
  9. FY2024-Q1First-quarter domestic construction-related results updateAnnual report

    「In the construction division, fireproofing work at commercial facilities, hospitals, factories and other sites remained relatively firm, but orders for large-scale logistics-related projects were weak, causing construction revenue to decline year on year. In the sales division, sales revenue increased year on year, supported by firm sales volumes of fireproofing materials for residential applications and profiles for CFRP, as well as the effects of passing through higher costs, but the increase in sales revenue did not offset the decline in construction revenue. As a result, revenue was ¥1,070.416 million, down 12.0% year on year, and operating profit was ¥199.348 million, down 23.3%.」

    In domestic construction-related operations, sales of fireproofing materials for residential applications and the pass-through of higher costs progressed, but could not offset weak orders for large-scale logistics-related projects, resulting in year-on-year declines in revenue and operating profit.
  10. FY2023AdvancedAnnual report

    「In the sales division, revenue increased year on year as demand recovered for fireproofing materials for residential applications, profiles for CFRP, interior finishing materials and other products, and the pass-through of higher costs gained traction.」

    In domestic construction-related operations, sales revenue in the sales division increased on recovering demand for fireproofing materials, profiles for CFRP and interior finishing materials, as well as the pass-through of higher costs, while total construction-related revenue fell 1.3% year on year.
  11. FY2023-Q3Third-quarter construction-related results updateAnnual report

    「In the sales division, sales revenue increased year on year as sales of fireproofing materials, interior finishing materials and CFRP profiles remained firm, and the pass-through of higher costs gained traction. Profit declined year on year, however, owing mainly to the impact of higher manufacturing costs resulting from surging raw material and fuel costs. As a result, total construction-related revenue was ¥3,702.910 million, up 3.2% year on year, while operating profit was ¥716.931 million, down 16.9%.」

    In construction-related operations, sales revenue and total revenue increased year on year, while operating profit declined year on year due to surging raw material and fuel costs.
  12. FY2023-Q2Second-quarter construction-related results updateAnnual report

    「As a result, revenue was ¥2,448.129 million, up 3.1% year on year, and operating profit was ¥477.227 million, down 18.2%.」

    Construction-related revenue increased on a recovery in the sales division, while operating profit declined year on year.
  13. FY2023-Q1First-quarter construction-related results updateAnnual report

    「As a result, revenue was ¥1,216.057 million, down 0.3% year on year, and operating profit was ¥260.036 million, down 13.4%.」

    Construction-related revenue and operating profit declined year on year due to a decrease in large-scale projects. In contrast, the decline in demand in the sales division leveled off, and revenue increased.
  14. FY2022Update of full-year results for the domestic construction businessAnnual report

    「In the sales segment, demand for small and medium-sized construction projects began to recover in the second half, leading to a recovery in demand for fireproof coating materials. The decline in demand for interior finishing materials also leveled off.」

    While demand for small- and medium-sized construction projects and fireproofing materials showed signs of recovery, total construction-related revenue fell 3.2% year on year.
  15. FY2022-Q2Some domestic business plans fell short of targetAnnual report

    「In the construction-related business, demand in the construction segment, particularly for logistics facilities, remained broadly in line with the initial plan. In the sales segment, demand for noncombustible interior materials and molding materials was recovering from the impact of the COVID-19 pandemic but remained below the initial plan, and performance continued to be weak.」

    In the construction-related business, construction demand remained in line with the plan, while demand in the sales segment was recovering but remained below the initial plan, and performance continued to be weak.
  16. FY2022-Q1AdvancedAnnual report

    「As a result, revenue was ¥1,220,274 thousand, up 2.6% year on year, and operating profit was ¥300,289 thousand, up 22.2% year on year.」

    In the construction-related business, demand in the construction segment remained firm, and revenue and operating profit increased year on year.
  17. FY2021AdvancedAnnual report

    「In the construction business, we will pursue measures including recovering market share for fireproof coating materials, developing new products, and improving the performance and functionality of existing products.」

    As measures to expand its domestic business, the company specified the recovery of market share for fireproof coating materials, new product development and improvements to existing products. Operating profit in the construction-related business increased 9.1% year on year.
  18. FY2021-Q3AdvancedAnnual report

    「Across the construction business, both construction revenue and product sales revenue were on a declining trend, but profit margins in the construction segment improved as a result of efforts to reduce costs.」

    In the domestic construction business, revenue was on a declining trend, while profit margins in the construction segment showed an improving trend as a result of cost reduction efforts.
  19. FY2020First statedAnnual report

    「In Japan, we will strengthen our sales capabilities so that construction investment reliably leads to orders, improve profitability by further strengthening construction management, and promote the development of new markets and new products.」

    The company identifies stronger sales capabilities, construction management, new market development and new product development as measures to expand its domestic business.
Moved together

"Transition to a highly profitable business structure" moved the same way as this thread, in the same document, in 7 of its 21 moves.

744433★123456
  1. ★This thread
  2. 1Transition to a highly profitable business structure7×
  3. 2Virtually debt-free management4×
  4. 3Compensation costs for asbestos-related health impairment4×
  5. 4Strengthening the corporate governance framework4×
  6. 5Impairment of Fixed Assets3×
  7. 6Construction Defects and Construction Errors3×

★ 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
Japan Insulation's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Results of 2026-08-13: "Worsened".
News
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