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Fujisash (5940) · RiskMitigatedLatest Earnings (2026-08-04): "Materialised"

Changes to Construction Periods in the Environmental Business

First written in FY2022-Q2. 4 of 9 entries say "Materialised", first in FY2022-Q2. Latest entry: 2026-08-04.

9entries
6years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2022-Q2 – FY2023RestatedFY2024-Q3MaterialisedFY2025-H1MitigatedFY2026-H1 – 2026-05-142021: 12022: 120222023: 220232024: 220242025: 120252026: 22026
Same theme, other companies
Delayed revenue recognition due to delays in starting constructionA theme 46 companies write about · 50 as a headwind · 0 as a tailwind

Fujisash moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).

The whole theme swung hardest in 2026: 10 of 22 companies on the "Worse" side.

14 other companies' latest entry also says "Materialised".

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 46 companies compared. The sentences above are computed from all 46.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「In the Environmental Business, new plant construction, centered on major refurbishment projects in the plant division, remained strong. The chemicals sales division also remained firm despite the impact of higher prices. As a result, sales increased 44.5% year on year to ¥1,509 million, and segment profit rose to ¥58 million, compared with a segment loss of ¥28 million in the same period of the previous year.」

    For the environmental business, which had previously been affected by changes to and delays in construction schedules, new plant construction, mainly core improvement projects, was described as performing well during the first half, and both revenue and earnings improved.
  2. FY2025-H1MaterialisedAnnual report

    「The environmental business was affected by changes to the schedules for maintenance work due to the extreme heat and by lower chemical usage in the chemical sales division, among other factors. As a result, revenue was ¥1,045 million, down 14.5% year on year, and the segment recorded a loss of ¥28 million, compared with segment profit of ¥33 million in the same period of the previous year, resulting in lower revenue and lower profit.」

    Changes to the schedules for maintenance work due to the extreme heat actually occurred and, together with lower chemical usage, were cited as factors behind lower revenue and lower profit in the environmental business.
  3. FY2024-Q3RestatedAnnual report

    「In the building materials business, despite the impact of changes to construction schedules resulting from soaring construction material prices, labor shortages and consequent revisions to construction plans, sales increased to ¥51,719 million, up 2.9% year on year, due to rigorous process management and improved aluminum ingot prices. The segment loss also improved substantially to ¥95 million, compared with a segment loss of ¥911 million in the same quarter of the previous year.」

    Changes to construction schedules resulting from reviews of construction plans and other factors continued to be cited as affecting the building materials business, but the loss narrowed substantially year on year.
  4. FY2023WorsenedAnnual report

    「The environmental business was affected by delays to construction schedules for plant projects and other factors.」

    Delays to construction schedules in the environmental business continued to affect full-year results, resulting in lower revenue and lower profit.
  5. FY2023-Q3WorsenedAnnual report

    「In the environmental business, chemical sales showed signs of recovery, but the plant business was affected by changes in construction schedules resulting from tight supply and demand for semiconductors and other factors. Sales declined to ¥1,753 million, down 12.5% year on year, and segment profit fell to ¥81 million from ¥184 million in the same quarter of the previous year.」

    Changes to construction schedules and other factors resulting from tight supply and demand for semiconductors and other materials continued to affect the environmental business. Revenue decreased 12.5% year on year, while segment profit declined from ¥184 million to ¥81 million.
  6. FY2023-Q2MaterialisedAnnual report

    「In the environmental business, sales declined to ¥1,028 million, down 23.8% year on year, and segment profit fell to ¥58 million from ¥146 million in the same quarter of the previous year due to changes in construction schedules resulting from tight supply and demand for semiconductors and other factors, as well as soaring chemical prices.」

    Actual changes to construction schedules caused by tight supply and demand for semiconductors and other materials occurred in the environmental business and, together with soaring chemical prices, were cited as factors behind lower revenue and lower profit.
  7. FY2022-Q2MaterialisedAnnual report

    「The environmental business was also partly affected by changes to construction schedules and other factors.」

    Actual changes to construction schedules occurred in the environmental business and were cited as a factor affecting the business environment during the cumulative second quarter.
Moved together

"Securing Profitability and Price Competitiveness in the Building Sash Business" moved the same way as this thread, in the same document, in 6 of its 9 moves.

644333★123456
  1. ★This thread
  2. 1Securing Profitability and Price Competitiveness in the Building Sash Business6×
  3. 2Risk of Fluctuations in Aluminum Ingot Prices and Foreign Exchange Rates4×
  4. 3Deterioration in Cash Flow from Operating Activities Due to Higher Inventories4×
  5. 4Shortages of Skilled Workers and Rising Labor and Material Costs3×
  6. 5Operating profit, ordinary profit and net income attributable to owners of the parent turn negative in the six-month period through the second quarter3×
  7. 6Recovery in logistics volumes and strengthening of the warehousing business3×

★ 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
Fujisash's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Earnings of 2026-08-04: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Changes to Construction Periods in the Environmental Business | FUJISASH CO.,LTD. (5940) | Komori