Declining maintenance demand in the oil refining and petrochemical markets
First written in FY2017. 10 of 12 entries say "Softened", first in FY2019. Latest entry: 2026-08-04.
No other company in this theme has enough history to compare yet.
- 2026-08-04SoftenedEarnings presentation materials
「石油精製・石油化学プラント向け メンテナンス需要が堅調に推移 しました。」
石油精製・石油化学市場について、メンテナンス需要が引き続き堅調に推移したことが記載され、従来の需要減少懸念を弱める方向の実績が追加された。 - FY2026-H1SoftenedAnnual report
「Firm demand, particularly from the oil refining and petrochemical industries, resulted in revenue of ¥38,405 million, up 0.8% from the same interim period of the previous year.」
Demand related to oil refining and petrochemicals remained firm, with actual results indicating a reduction in the previous concern over declining maintenance demand in the market. - FY2025SoftenedAnnual report
「For plant construction and sales, revenue rose 6.7% from the previous fiscal year to ¥78,456 million and segment profit rose 18.2% to ¥12,504 million, as demand remained firm, particularly from the nuclear, oil refining, and petrochemical industries.」
Demand related to oil refining and petrochemicals remained firm, with full-year results indicating a reduction in the previous concern over declining maintenance demand. - FY2025-H1SoftenedAnnual report
「For plant construction and sales, revenue rose 13.2% year on year to ¥38,113 million and segment profit rose 37.2% to ¥6,026 million, as demand remained firm, particularly from the nuclear, oil refining, and petrochemical industries.」
Demand related to oil refining and petrochemicals remained firm, with actual results indicating a reduction in the previous concern over declining maintenance demand in the market. - FY2024SoftenedAnnual report
「For plant construction and sales, revenue rose 12.7% from the previous fiscal year to ¥73,518 million and segment profit rose 25.6% to ¥10,580 million, as demand remained firm, particularly from the nuclear, oil refining, petrochemical, and refrigerated and frozen warehouse industries.」
Demand related to oil refining and petrochemicals was described as remaining firm, with actual results indicating a reduction in the previous concern over declining maintenance demand. - FY2024-Q2SoftenedAnnual report
「For plant construction and sales, revenue rose 9.8% year on year to ¥33,681 million and segment profit rose 21.8% to ¥4,393 million, as demand remained firm, particularly from the oil refining, petrochemical, and refrigerated and frozen warehouse industries.」
Demand related to oil refining and petrochemicals continued to remain firm, with actual results indicating a reduction in the previous concern over declining maintenance demand in the market. - FY2024-Q1SoftenedAnnual report
「For plant construction and sales, revenue rose 11.3% year on year to ¥16,592 million and segment profit rose 13.6% to ¥2,158 million, as demand remained firm, particularly from the oil refining, petrochemical, and refrigerated and frozen warehouse industries.」
Demand related to oil refining and petrochemicals was stated to remain firm, with actual results indicating a reduction in the previous concern over declining maintenance demand in the market. - FY2023-Q3RestatedAnnual report
「For plant construction and sales, revenue rose 10.0% year on year to ¥47,168 million and segment profit rose 40.4% to ¥5,860 million, as demand remained firm, particularly from the oil refining and petrochemical industries.」
Demand related to oil refining and petrochemicals was stated to remain firm, while the weak conditions underlying the previous concern over declining maintenance demand continue. - FY2023-Q2SoftenedAnnual report
「For plant construction and sales, revenue rose 9.5% year on year to ¥30,680 million and segment profit rose 39.0% to ¥3,607 million, as demand remained firm, particularly from the oil refining and petrochemical industries.」
Demand related to oil refining and petrochemicals remained firm, providing actual results that lessen the previously stated concern over declining maintenance demand. - FY2020SoftenedAnnual report
「However, increased demand for high-margin maintenance construction work resulted in segment profit of ¥7,184 million, up 16.3% from the previous consolidated fiscal year.」
Contrary to the previous concern over declining maintenance demand in the oil refining and petrochemical markets, the current fiscal year includes a reference to increased demand for maintenance construction work. - FY2019SoftenedAnnual report
「The Plant Construction and Sales segment is expected to remain firm, particularly in the oil refining and petrochemical markets, despite a decline following the unusually large marine construction project recorded in the previous fiscal year.」
The outlook has changed from the previous expectation of declining maintenance demand in the oil refining and petrochemical markets to an expectation that the market will remain firm despite a decline following an unusually large marine construction project. - FY2017First statedAnnual report
「The Plant Construction and Sales segment expects maintenance demand to decline in the oil refining and petrochemical markets, while demand for construction projects in the power market is expected to increase.」
The fiscal 2017 outlook by segment shifted from the previous view of firm maintenance demand to an expectation of declining demand in the oil refining and petrochemical markets.