Sluggish Civil Engineering, Construction, Power and Communications Demand, and Reduced Public Budgets for Wildlife Damage Prevention Fencing
First written in FY2017-Q1. 22 of 37 entries say "Reframed", first in FY2018-Q1. Latest entry: 2026-07-30.
Nichia Steel Works moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 17 of 32 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- 2026-07-30ReframedEarnings
「In the wire rod processing products industry, demand for ordinary wire rod products for fencing and civil engineering continued to decline. Specialty wire rod products saw a gradual recovery in automotive-related demand, while demand for wire rope also recovered in part. Construction and civil engineering projects for wire rod products for rivets and bolts remained stalled.」
The product-by-product situation was updated: demand for ordinary wire rod for fencing and civil engineering continued to decline, specialty wire rod saw a partial recovery in automotive and wire-rope demand, and wire rod for rivets and bolts remained stalled in construction and civil engineering applications. - FY2026ReframedAnnual report
「Early recovery is difficult to expect in the two major demand areas for ordinary wire products, fences and civil engineering. Although a certain volume of projects is expected in the power and telecommunications sector for special wire products, concerns remain about the impact of tensions in the Middle East and other factors on the automotive sector, which had been recovering gradually. For fastener wire products, stagnation in construction projects is expected to continue for the time being, with recovery anticipated from the second half of fiscal 2026 onward.」
The product-specific demand outlook was updated: early recovery is difficult for ordinary wire products; special wire products face the impact of tensions in the Middle East on the automotive sector; and recovery in fastener wire products is anticipated from the second half of fiscal 2026 onward. - 2026-05-14ReframedEarnings
「For ordinary wire rod products, an early recovery remains difficult in the two major demand sectors of fencing and civil engineering. For specialty wire rod products, a certain level of demand is expected in the power and telecommunications sectors, while concern remains over the impact of the situation in the Middle East and other factors on the automotive sector, which had been recovering gradually. For wire rod products for rivets and bolts, construction projects are expected to remain stalled for the time being, with recovery anticipated from the second half of fiscal 2026 onward.」
The outlook by product was updated, citing the difficulty of an early recovery for ordinary wire rod, power and telecommunications projects for specialty wire rod, the impact of the Middle East situation on the automotive sector, and the expected timing of recovery for wire rod for rivets and bolts. - FY2026-H1ReframedAnnual report
「In the wire-processing products industry, the two major demand areas for ordinary wire products, fences and civil engineering, remained sluggish. Demand for special wire products recovered, mainly in the automotive and power and telecommunications sectors. Demand for fastener wire products remained sluggish due to the continuing effects of labor shortages and soaring construction costs since the second half of the previous year.」
The product-specific conditions were updated: sluggish fence and civil engineering demand for ordinary wire products; recovery in automotive and power and telecommunications demand for special wire products; and sluggish fastener wire product demand due to labor shortages and soaring construction costs. - FY2025ReframedAnnual report
「Against this backdrop, in the wire-processing products industry, a substantial improvement is difficult to expect in the two major demand areas for ordinary wire products, fences and civil engineering. There are concerns that automotive demand for special wire products will be significantly affected by U.S. tariff policy, while demand in the power and telecommunications sector is expected to remain sluggish. For fastener wire products, stagnation in construction projects is expected to continue for the time being, with recovery anticipated from the second half of fiscal 2025 onward.」
The demand outlook was updated for ordinary wire, special wire and fastener wire products. The description indicates the impact of U.S. tariff policy on the automotive sector, continued weakness in power and telecommunications, and an anticipated recovery in fastener wire products from the second half of fiscal 2025 onward. - FY2025-H1ReframedAnnual report
「In the wire-processing products industry, demand for ordinary wire products remained sluggish, particularly for fences. Demand for special wire products was weak in the automotive sector, which was affected by quality-certification issues at vehicle manufacturers, and in the power and telecommunications sector, where project orders declined. For fastener wire products, small and medium-sized projects stagnated, although demand remained relatively firm, particularly for large projects.」
The description newly specifies sluggish fence demand for ordinary wire products, quality-certification issues affecting automotive demand for special wire products, and a decline in power and telecommunications project orders, while indicating firmness in large projects for fastener wire products. - FY2024ReframedAnnual report
「In the wire-processing products industry, a substantial improvement is difficult to expect in the two major demand areas for ordinary wire products, fences and civil engineering. Further recovery is expected in the automotive sector for special wire products, but demand in the power and telecommunications sector is expected to remain sluggish. For fastener wire products, stagnation in small and medium-sized projects is expected to continue for the time being due to soaring equipment and material costs, labor shortages and other factors, although a certain volume of new projects is expected, mainly large ones.」
The product-specific outlook was updated: sluggish fence and civil engineering demand for ordinary wire products; automotive recovery but weak power and telecommunications demand for special wire products; and stagnation in small and medium-sized projects alongside a certain level of demand for large projects for fastener wire products. - FY2024-Q3ReframedAnnual report
「In the wire-processing products industry, some progress was seen in inventory adjustments for ordinary wire products, but the two major demand areas, fences and civil engineering, remained sluggish. Demand for special wire products used in domestic automobiles was recovering, but demand from the power and telecommunications sector declined. For fastener wire products, large projects remained relatively firm, while small and medium-sized projects continued to stagnate.」
The description adds progress in some inventory adjustments for ordinary wire products, while indicating recovering automotive demand and declining power and telecommunications demand for special wire products, as well as firmness in large projects and stagnation in small and medium-sized projects for fastener wire products. - FY2024-Q2RestatedAnnual report
「In the wire-processing products industry, some progress was seen in inventory adjustments for ordinary wire products, but the two major demand areas, fences and civil engineering, remained sluggish. Demand for special wire products used in domestic automobiles was recovering, but demand from the power and telecommunications sector declined. For fastener wire products, large projects remained relatively firm, but small and medium-sized projects continued to stagnate, resulting in lower demand.」
The product-specific demand conditions remained unchanged from the previous quarter: sluggish fence and civil engineering demand for ordinary wire products, declining power and telecommunications demand for special wire products, and stagnation in small and medium-sized projects for fastener wire products. - FY2024-Q1ReframedAnnual report
「In the wire-processing products industry, some progress was seen in inventory adjustments for ordinary wire products, but the two major demand areas, fences and civil engineering, remained sluggish. Demand for special wire products used in domestic automobiles was recovering, but demand from the power and telecommunications sector declined. For fastener wire products, large projects remained relatively firm, but small and medium-sized projects continued to stagnate, resulting in lower demand.」
The product-specific demand conditions were updated: sluggish fence and civil engineering demand for ordinary wire products; recovering automotive demand but declining power and telecommunications demand for special wire products; and firmness in large projects alongside stagnation and lower demand in small and medium-sized projects for fastener wire products. - FY2023ReframedAnnual report
「For ordinary wire products, demand for fences is expected to recover from the extremely depressed levels caused by the pandemic and other factors, while disaster-recovery demand is anticipated in civil engineering. However, a substantial improvement is difficult to expect in either field. For special wire products, some recovery is expected in the automotive sector depending on the easing of supply-chain disruptions, although there are concerns that the disruptions could persist. For fastener wire products, large projects remain firm, but stagnation in small and medium-sized projects continues, and a full-scale recovery is expected from the second half of fiscal 2023 onward.」
The demand outlook was updated by product: demand for ordinary wire products is expected to recover, although a substantial improvement will be difficult; special wire products face concerns over prolonged supply-chain disruptions; and fastener wire products show firmness in large projects alongside continued stagnation in small and medium-sized projects. - FY2023-Q3ReframedAnnual report
「In the wire-processing products industry, demand for ordinary wire products used in fences and civil engineering remained sluggish. For special wire products, the windfall demand in the power and telecommunications sector in the previous fiscal year fell away, while automotive demand declined due to delays in the recovery of domestic vehicle production and other factors. For fastener wire products, demand remained relatively firm, particularly for large projects, although small and medium-sized projects stagnated.」
The product- and application-specific conditions were updated for ordinary wire products, special wire products and fastener wire products: weak fence and civil engineering demand, the fading of exceptional power and telecommunications demand, declining automotive demand, stagnation in small and medium-sized projects, and firmness in large projects. - FY2023-Q2RestatedAnnual report
「In the wire-processing products industry, demand for fastener wire products remained firm, while weak demand for ordinary wire products continued. Special wire products were forced to decline because of delayed production recovery by vehicle manufacturers in the core automotive segment.」
The product-specific demand conditions continued: firm demand for fastener wire products, sluggish demand for ordinary wire products, and delayed production recovery for special wire products used in the automotive sector. - FY2023-Q1ReframedAnnual report
「In the wire-processing products industry, demand for fastener wire products remained firm, while demand for ordinary wire products continued to be sluggish. For special wire products, production recovery by vehicle manufacturers in the core automotive segment was delayed due to supply-chain disruptions and other factors, forcing demand to decline from the same period of the previous year.」
The description has been reorganized from uncertainty surrounding demand across the traditional product groups to product-specific conditions: firm demand for fastener wire products, sluggish demand for ordinary wire products, and delayed production recovery for special wire products used in the automotive sector. - FY2022ReframedAnnual report
「In the wire-processing products industry, demand trends for ordinary and special wire products remained uncertain, while further surges in steel raw-material, nonferrous-metal and crude-oil prices drove further substantial increases in the prices of key and auxiliary raw materials, energy and other inputs, making the business environment increasingly difficult.」
While maintaining the uncertainty surrounding demand for ordinary and special wire products, the description adds rising raw-material and energy prices resulting from further surges in steel raw-material, nonferrous-metal and crude-oil prices, indicating increasingly difficult business conditions. - FY2022-Q3ReframedAnnual report
「In the wire-processing products industry, demand for bolt products remained firm, while demand for ordinary wire products was generally sluggish. Although demand for special wire products, mainly for the automotive sector, increased year on year, vehicle manufacturers continued to experience delays in recovery production.」
While acknowledging the firmness of bolt products and the year-on-year increase in automotive demand, the description identifies generally sluggish demand for ordinary wire products and delays in recovery production by vehicle manufacturers as new constraints. - FY2022-Q2ReframedAnnual report
「Automotive demand in the wire-processing products industry increased substantially year on year, while demand from the power and telecommunications sector remained firm and civil engineering demand remained solid. Although demand for ordinary wire products used in construction remained sluggish, supply and demand for bolt products tightened.」
The description now states that automotive demand increased substantially year on year, alongside firm demand from the power and telecommunications and civil engineering sectors, sluggish construction-related demand for ordinary wire, and tighter supply and demand for bolt products. - FY2022-Q1ReframedAnnual report
「In the wire-processing products industry, automotive demand remained firm, while demand from the power and telecommunications and civil engineering sectors also remained solid. Although demand for ordinary wire products used in construction remained sluggish, market supply and demand for bolt products recently appeared to be tightening.」
Automotive, power and telecommunications, and civil engineering demand was described as firm or solid, while construction-related demand for ordinary wire remained sluggish and supply and demand for bolt products tightened. - FY2021ReframedAnnual report
「In the first half, the wire-processing products industry was forced to contend with a sharp and substantial decline in demand, mainly from the automotive and construction sectors. Although automotive activity recovered in the second half and inventory adjustments progressed in the construction sector, demand for the full year contracted considerably from the previous year.」
While acknowledging the recovery in automotive and construction-related demand in the second half, the description states that demand contracted considerably for the full year, changing to an account of actual weak demand that includes a recovery phase. - FY2021-Q3ReframedAnnual report
「In the first half, the wire-processing products industry was forced to contend with a sharp and substantial decline in demand, mainly from the automotive and construction sectors. In the second half, automotive activity recovered substantially, while construction-related demand showed some recovery as inventory adjustments progressed.」
In addition to the sharp decline in automotive and construction-related demand in the first half, the description indicates a substantial recovery in automotive activity and a recovery in construction-related demand in the second half, shifting from a description of weak demand to one that includes a recovery phase. - FY2021-Q2RestatedAnnual report
「The impact of the infection also became evident in the wire-processing products industry, which was forced to reduce production and sales volumes due to a sharp and substantial decline in demand, particularly from the automotive and construction sectors.」
The sharp decline in demand, mainly from the automotive and construction sectors, and the resulting reduction in production and sales volumes were described, as in the previous quarter. - FY2021-Q1WorsenedAnnual report
「The impact of the infection also became evident in the wire-processing products industry, which was forced to reduce production and sales volumes due to a sharp and substantial decline in demand, particularly from the automotive and construction sectors.」
The traditional weakness in automotive and construction-related demand materialized as a sharp and substantial decline in demand caused by COVID-19, accompanied by lower production and sales volumes. - FY2020WorsenedAnnual report
「In the wire-processing products industry, the market was affected by declining automotive demand and reductions in government budgets for wildlife-damage prevention fences, while construction-related demand fell sharply in the second half. In addition to this decline in volumes, costs continued to rise as the prices of key raw materials increased, making market conditions increasingly difficult as the period progressed.」
In addition to the traditional weakness in civil engineering demand and reductions in budgets for wildlife-damage prevention fences, declining automotive and construction-related demand and rising key raw-material prices were specified, indicating a further deterioration in market conditions. - FY2020-Q3ReframedAnnual report
「Although construction-related demand increased in the wire-processing products industry, market conditions remain difficult due to declining automotive demand and further reductions in public budgets for wildlife-damage prevention fences.」
While acknowledging the increase in construction-related demand, the description newly specifies declining automotive demand and continues to cite difficult market conditions together with reductions in public budgets for wildlife-damage prevention fences. - FY2020-Q2ReframedAnnual report
「Although construction-related demand is showing signs of recovery in the wire-processing products industry, market conditions remain difficult due to declining automotive demand and further reductions in public budgets for wildlife-damage prevention fences.」
The description now indicates a recovery in construction-related demand, explicitly notes declining automotive demand in addition to the traditional weakness in civil engineering demand, and continues to describe difficult market conditions alongside reductions in public budgets for wildlife-damage prevention fences. - FY2020-Q1RestatedAnnual report
「In the wire-processing products industry, demand for construction and manufacturing is recovering, but market conditions remain challenging due to sluggish demand for civil engineering and further reductions in public budgets for wildlife damage prevention fences.」
While acknowledging the recovery in demand from the construction and manufacturing sectors, the assessment that market conditions are challenging due to weak demand for civil engineering and reduced public budgets for wildlife damage prevention fences continues. - FY2019RestatedAnnual report
「Although demand from the construction and manufacturing sectors is showing signs of recovery in the wire-processing products industry, market conditions remain difficult due to sluggish demand in civil engineering and further reductions in public budgets for wildlife-damage prevention fences.」
While acknowledging the recovery in demand from the construction and manufacturing sectors, the assessment that market conditions are challenging due to weak demand in civil engineering and reduced public budgets for wildlife damage prevention fences continues. - FY2019-Q3RestatedAnnual report
「In the wire-processing products industry, demand for construction and manufacturing is recovering, but market conditions remain challenging due to sluggish demand for civil engineering and further reductions in public budgets for wildlife damage prevention fences.」
While acknowledging the recovery in demand from the construction and manufacturing sectors, the assessment that market conditions are challenging due to weak demand for civil engineering and reduced public budgets for wildlife damage prevention fences continues. - FY2019-Q2RestatedAnnual report
「In the wire-processing products industry, demand for construction and manufacturing is recovering, but market conditions remain challenging due to sluggish demand for civil engineering and further reductions in public budgets for wildlife damage prevention fences.」
While acknowledging signs of recovery in demand from the construction and manufacturing sectors, the assessment that market conditions are challenging due to weak demand for civil engineering and reduced public budgets for wildlife damage prevention fences continues. - FY2019-Q1RestatedAnnual report
「In the wire-processing products industry, demand for construction and manufacturing is recovering, but market conditions remain challenging due to sluggish demand for civil engineering and further reductions in public budgets for wildlife damage prevention fences.」
While acknowledging the recovery in demand from the construction and manufacturing sectors, the assessment that market conditions are challenging due to weak demand in civil engineering and reduced public budgets for wildlife damage prevention fences continues. - FY2018RestatedAnnual report
「In the wire-processing products industry, demand for construction and manufacturing is recovering, but market conditions remain challenging due to sluggish demand for civil engineering and further reductions in public budgets for wildlife damage prevention fences.」
While acknowledging signs of recovery in demand from the construction and manufacturing sectors, the statement continues to assess market conditions as challenging due to weak demand in civil engineering and reduced public budgets for wildlife damage prevention fences. - FY2018-Q3ReframedAnnual report
「In the wire-processing products industry, demand for construction and manufacturing is showing some signs of recovery, but market conditions remain challenging due to sluggish demand for civil engineering and further reductions in public budgets for wildlife damage prevention fences.」
While demand from the construction and manufacturing sectors is showing signs of recovery, weak demand for civil engineering and reduced public budgets for wildlife damage prevention fences continue, and the assessment that market conditions are challenging is being maintained. - FY2018-Q2RestatedAnnual report
「In the wire-processing products industry, demand in the construction and electric power and telecommunications sectors is showing some signs of recovery, but market conditions remain challenging due to sluggish demand in civil engineering and further reductions in public budgets for wildlife damage prevention fences.」
The same conditions as in the previous quarter are cited: some recovery in the construction and electric power and telecommunications sectors, continued weak demand in civil engineering, and reduced public budgets for wildlife damage prevention fences. - FY2018-Q1ReframedAnnual report
「In the wire-processing products industry, demand in the construction and electric power and telecommunications sectors is showing some signs of recovery, but market conditions remain challenging due to sluggish demand in civil engineering and further reductions in public budgets for wildlife damage prevention fences.」
While the construction and electric power and telecommunications sectors are showing some signs of recovery, weak demand in civil engineering and reduced public budgets for wildlife damage prevention fences continue. - FY2017-Q3RestatedAnnual report
「In the wire-processing products industry, operating conditions remain challenging due to sluggish demand in the civil engineering and construction sectors and the electric power and telecommunications sectors, as well as further reductions in public budgets for wildlife damage prevention fences.」
Weak demand in civil engineering, construction, electric power and telecommunications, and reduced public budgets for wildlife damage prevention fences continue to be cited. - FY2017-Q2RestatedAnnual report
「In the wire-processing products industry, operating conditions remain challenging due to sluggish demand in the civil engineering and construction sectors and the electric power and telecommunications sectors, as well as further reductions in public budgets for wildlife damage prevention fences.」
Weak demand in civil engineering, construction, electric power and telecommunications, and reduced public budgets for wildlife damage prevention fences have continued, as in the previous period. - FY2017-Q1First statedAnnual report
「In the wire-processing products industry, operating conditions remain challenging due to sluggish demand in the civil engineering and construction sectors and the electric power and telecommunications sectors, as well as further reductions in public budgets for wildlife damage prevention fences.」
Continued weak demand and reductions in public budgets are cited and have appeared in results as factors contributing to lower revenue from standard wire products and other products.