Demand deferred due to delays in large-scale public works and reconstruction projects
First written in FY2022. 2 of 6 entries say "Materialised", first in FY2023-Q1. Latest entry: 2026-09-16.
No other company in this theme has enough history to compare yet.
- 2026-09-16RestatedRevision of earnings forecasts
「In light of the uncertain outlook for the situation in the Middle East, we will assume the initial plan from the third quarter onward,」
The company continues to factor the uncertainty surrounding the situation in the Middle East into its assumptions for future performance. This disclosure does not describe any new actual impact from this risk. - FY2026WorsenedAnnual report
「The impact of construction delays is also a concern because of material shortages accompanying the worsening situation in the Middle East.」
For the risk of delays in large-scale public works, reconstruction projects and other projects, material shortages caused by the worsening situation in the Middle East were identified as a new factor in addition to existing budget constraints and inadequate coordination with local communities. - FY2023-Q3RestatedAnnual report
「The civil engineering and construction sector posted a decrease in revenue because the start of multiple large-scale construction projects was postponed and demand for reconstruction-related projects paused.」
Postponed starts for multiple large-scale construction projects continued, resulting in lower revenue from civil engineering and construction-related operations as reconstruction-related demand temporarily weakened. - FY2023-Q2MaterialisedAnnual report
「The civil engineering and construction sector posted a decrease in revenue because the start of multiple large-scale construction projects was postponed, reconstruction-related demand paused, and demand for geothermal applications declined.」
Postponed starts for multiple large-scale construction projects actually occurred, resulting in lower revenue from civil engineering and construction-related operations, along with a decline in reconstruction-related and geothermal demand. - FY2023-Q1MaterialisedAnnual report
「In the civil engineering segment, delays in construction schedules and other issues have occurred on some large-scale public works projects because of insufficient local-government funding and inadequate coordination with local communities.」
For large-scale public works, delays in construction schedules caused by insufficient local-government funding and inadequate coordination with local communities actually occurred, resulting in postponed starts for multiple projects and lower revenue from civil engineering and construction-related operations. - FY2022First statedAnnual report
「In the bentonite business and the foundry segment, declining domestic automobile production due to the global shift toward decarbonization is a concern. In the civil engineering segment, delays in construction schedules and other issues have occurred on some large-scale public works projects because of insufficient local-government funding and inadequate coordination with local communities.」
For large-scale public works, delays in construction schedules and deferral of demand resulting from insufficient local-government funding and inadequate coordination with local communities were identified for the first time as independent business risks.