Weak orders for housing construction materials for renovations following the end of the Energy-Saving Housing Points program
First written in FY2017-Q1. 5 of 10 entries say "Restated". Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019DroppedAnnual reportThe annual securities report does not directly attribute the weakness to the end of the Energy-Saving Housing Points program or the Housing Stock Cycle Support subsidies, instead describing it as broad-based weakness in renovation demand.
- FY2019-Q3RestatedAnnual report
「Orders for renovation housing materials remained sluggish because subsidies under the Housing Stock Cycle Support program, which had contributed significantly to orders in the same period of the previous year, ended during the previous period.」
The sluggishness in orders for renovation housing materials caused by the end of the Housing Stock Cycle Support program continued. - FY2019-Q2RestatedAnnual report
「Orders for renovation housing materials remained sluggish because subsidies under the Housing Stock Cycle Support program, which had contributed significantly to orders in the same period of the previous year, ended during the previous period.」
The sluggishness in orders for renovation housing materials caused by the end of the Housing Stock Cycle Support program continued year on year. - FY2019-Q1MaterialisedAnnual report
「Orders for renovation housing materials also remained sluggish because subsidies under the Housing Stock Cycle Support program, which had contributed significantly to orders in the same period of the previous year, ended during the previous period.」
The company actually experienced the impact of sluggish year-on-year orders for renovation housing materials during the quarter following the end of the Housing Stock Cycle Support program. - FY2018-Q2RestatedAnnual report
「Orders for renovation housing materials also remained firm due to the effects of the Housing Stock Cycle Support program.」
The company states that the Housing Stock Cycle Support program supported firm orders for renovation housing materials, continuing the recovery that began in the second half of the previous period. - FY2018-Q1MitigatedAnnual report
「Orders for renovation housing materials also remained firm as a result of continued subsidies under the Housing Stock Cycle Support program, which had been in place since the second half of the previous period.」
The company states that continued subsidies under the Housing Stock Cycle Support program supported firm orders for renovation housing materials. - FY2017MitigatedAnnual report
「Orders for renovation housing materials remained sluggish through the third quarter, but entered a recovery trend after subsidies under the Housing Stock Cycle Support Project were provided.」
The company states that orders for renovation housing materials were sluggish through the third quarter but entered a recovery trend after subsidies under the Housing Stock Cycle Support Project were provided. - FY2017-Q3RestatedAnnual report
「During the cumulative 9-month period under review (from 1 April 2016 to 31 December 2016), orders for housing materials for renovation remained sluggish, as in the second quarter, but orders for building materials for new detached houses, one of the company's core products, increased, particularly for new products launched during the current fiscal year, and remained firm after offsetting the decline in orders for renovation materials.」
The company states that orders for renovation housing materials remained sluggish, as they had in the second quarter. - FY2017-Q2RestatedAnnual report
「Although orders for renovation housing materials remained sluggish during the cumulative period, orders for housing materials for newly built detached homes, another core product, remained firm and offset the decline in renovation housing materials orders as a result of the company’s active launch of new products.」
The company states that orders for renovation housing materials remained sluggish. This filing does not again state a causal relationship with the end of the Energy-Saving Housing Points program. - FY2017-Q1MaterialisedAnnual report
「Orders during the cumulative period were sluggish because the Energy-Saving Housing Points program, which had contributed significantly to orders in the same period of the previous year, ended during the previous period.」
The company states that the end of the Energy-Saving Housing Points program actually affected demand during the quarter, resulting in sluggish orders for renovation housing materials.