Komori
Dainichi (5951) · RiskReframedLatest Results (2026-07-31): "Restated"

Weakness in Housing Construction and Uncertainty in Overseas Economies and Financial Markets

First written in FY2018-Q3. 7 of 26 entries say "Materialised", first in FY2020. Latest entry: 2026-07-31.

26entries
9years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2018-Q3 – FY2020-Q3MaterialisedFY2020 – FY2023-Q1WorsenedFY2024-Q3 – FY20242018: 220182019: 220192020: 420202021: 420212022: 420222023: 420232024: 220242025: 120252026: 32026
Same theme, other companies
Decline in orders due to the shrinking housing market and fluctuations in housing demandA theme 68 companies write about · 70 as a headwind · 3 as a tailwind

Dainichi 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: 38 of 55 companies on the "Worse" side.

13 other companies' latest entry also says "Restated".

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 68 companies compared. The sentences above are computed from all 68.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-31RestatedResults

    「先行きにつきましては、雇用・所得環境の改善や各種政策の効果が緩やかな回復を支えることが期待されるものの、中東情勢の影響を引き続き注視する必要があります。また、金融資本市場の変動の影響などに注意する必要がある状況です。」

    中東情勢および金融資本市場の変動に関する外部環境リスクを再掲している。
  2. FY2026ReframedAnnual report

    「Looking ahead, improvements in the employment and income environment and the effects of various policies are expected to support a moderate economic recovery, while the impact of the situation in the Middle East remains a concern. It is also necessary to monitor the impact of volatility in the financial and capital markets and developments concerning U.S. trade policy.」

    The company updated its external-environment risk disclosures to focus on the situation in the Middle East, volatility in the financial and capital markets, and U.S. trade policy.
  3. 2026-05-13RestatedResults

    「Attention must also be paid to the impact of fluctuations in financial and capital markets and developments concerning U.S. trade policy.」

    金融市場および米国通商政策をめぐる外部環境の不確実性を引き続き注意要因としている。
  4. FY2026-H1ReframedAnnual report

    「Looking ahead, improvements in the employment and income environment and the effects of various policies are expected to support a moderate economic recovery. Meanwhile, it remains necessary to monitor downside risks from the impact of U.S. trade policy. In addition, the continued rise in prices poses a risk of pushing down the Japanese economy through its impact on private consumption, including via a deterioration in consumer sentiment. It also remains necessary to pay close attention to the impact of volatility in the financial and capital markets.」

    The company updated its disclosures on external-environment uncertainties, shifting from references to overseas economies and financial markets to language focused on U.S. trade policy, the impact of rising prices on consumer sentiment and private consumption, and volatility in the financial and capital markets.
  5. FY2024WorsenedAnnual report

    「It is necessary to pay close attention to the impact of rising prices, the situation in the Middle East and volatility in the financial and capital markets.」

    In addition to a downturn in overseas economies, rising prices and volatility in the financial and capital markets, the company explicitly identified the situation in the Middle East as a new factor requiring attention, expanding its disclosures regarding external-environment uncertainties.
  6. FY2024-Q3WorsenedAnnual report

    「Looking ahead, a moderate recovery is expected to continue as the employment and income environment improves, while a downturn in overseas economies poses a risk of pushing down the Japanese economy. It is also necessary to pay close attention to the impact of rising prices, the situation in the Middle East and volatility in the financial and capital markets.」

    In addition to a downturn in overseas economies, rising prices and volatility in the financial and capital markets, the company explicitly identified the situation in the Middle East as a new factor requiring attention.
  7. FY2024-Q2RestatedAnnual report

    「Looking ahead, a moderate recovery is expected to continue as the employment and income environment improves, while a downturn in overseas economies poses a risk of pushing down the Japanese economy. It is also necessary to pay close attention to the impact of rising prices and volatility in the financial and capital markets.」

    The company continues to identify a downturn in overseas economies, rising prices and volatility in the financial and capital markets as risks to the economic outlook.
  8. FY2024-Q1WorsenedAnnual report

    「However, as global monetary tightening continues, a downturn in overseas economies poses a risk of pushing down the Japanese economy. It has also become necessary to pay close attention to the impact of rising prices and volatility in the financial and capital markets.」

    In addition to the existing uncertainties related to overseas economic conditions, rising prices and volatility in the financial and capital markets, the company explicitly identified global monetary tightening and a downturn in overseas economies, updating and specifying its external-environment risk disclosures.
  9. FY2023RestatedAnnual report

    「It is necessary to pay close attention to the impact of rising prices, supply constraints, volatility in the financial and capital markets, and infection trends overseas, and the outlook remains uncertain.」

    The company continues to identify overseas economic conditions, rising prices, volatility in the financial and capital markets and infection trends overseas as uncertainties regarding the economic outlook.
  10. FY2023-Q3Addition of overseas infection trendsAnnual report

    「Looking ahead, although the economy is expected to recover due to the effects of various policies, a downturn in overseas economies poses a risk of pushing down the Japanese economy. In addition, it is necessary to pay close attention to the impact of rising prices, supply constraints, volatility in the financial and capital markets, and infection trends overseas, and the outlook remains uncertain.」

    In addition to the existing overseas economic conditions, rising prices, supply constraints and volatility in the financial and capital markets, the company explicitly identified infection trends overseas as a factor contributing to an uncertain outlook.
  11. FY2023-Q2RestatedAnnual report

    「Looking ahead, although the economy is expected to recover as the transition to a new phase of living with COVID-19 progresses, weaker overseas economies pose a risk of putting downward pressure on Japan's economy. In addition, it remains necessary to pay close attention to the impact of rising prices, supply-side constraints and financial and capital market volatility, and the situation therefore remains uncertain.」

    The company continues to identify overseas economic conditions, rising prices, supply constraints and volatility in the financial and capital markets as uncertainties regarding the economic outlook.
  12. FY2023-Q1WorsenedAnnual report

    「The company is now in a situation requiring close attention to downside risks from financial and capital market volatility, in addition to rising raw material prices and supply-side constraints amid concerns over a prolonged situation in Ukraine and the impact of restrictions on economic activity in China.」

    In addition to the existing uncertainties related to infectious diseases, overseas economies and financial markets, the company explicitly identified the situation in Ukraine, restrictions on economic activity in China, rising raw material prices and supply constraints, expanding the scope of its external-environment risk disclosures.
  13. FY2022WorsenedAnnual report

    「Looking ahead, a recovery is expected as infection-control measures are thoroughly implemented and economic and social activity moves toward normalization, supported by the effects of various policies and improvements in overseas economies. However, overseas conditions have become uncertain, and it has become necessary to monitor downside risks arising from higher raw material prices and supply constraints, as well as the impact of infectious diseases.」

    In addition to the existing uncertainties related to infectious diseases, overseas economies and financial markets, the company explicitly identified overseas conditions, rising raw material prices and supply constraints as downside factors.
  14. FY2022-Q3WorsenedAnnual report

    「Looking ahead, although the economy is expected to recover as various policy measures take effect and overseas economies improve while economic and social activity moves toward normalization, it remains necessary to closely monitor downside risks from supply-side constraints and raw material price trends, the impact of infectious diseases, including new variants, on domestic and overseas economies, and financial and capital market volatility, and the situation therefore remains uncertain.」

    In addition to the existing uncertainties related to infectious diseases, overseas economies and the financial and capital markets, the company explicitly identified supply constraints, raw material prices and the impact of variants, broadening its external-environment risk disclosures.
  15. FY2022-Q2MaterialisedAnnual report

    「Looking ahead, although the economy is expected to recover as various policy measures take effect and overseas economies improve while measures to prevent the spread of infection are implemented and vaccinations are promoted, it remains necessary to closely monitor downside risks from developments in infectious diseases in Japan and overseas and their impact through supply chains, as well as financial and capital market volatility, and the situation therefore remains uncertain.」

    Infectious diseases, supply chains, and volatility in the financial and capital markets continued to be factors contributing to an uncertain economic outlook as of the end of the current quarter.
  16. FY2022-Q1MaterialisedAnnual report

    「Looking ahead, a continued recovery is expected as infection-control measures are implemented and vaccination is promoted, supported by the effects of various policies and improvements in overseas economies. However, it remains necessary to closely monitor the impact of trends in infectious diseases in Japan and overseas and volatility in the financial and capital markets, and the outlook remains uncertain.」

    The company cites expectations of a recovery supported by vaccinations and improvements in overseas economies, while trends in infectious diseases in Japan and overseas and volatility in the financial and capital markets continue to contribute to an uncertain outlook.
  17. FY2021MaterialisedAnnual report

    「Looking ahead, the outlook remains uncertain, as it is necessary to pay close attention to the impact of infection trends on the domestic and overseas economies and to closely monitor the impact of volatility in the financial and capital markets.」

    The economic impact of COVID-19 and volatility in the financial and capital markets continued to be factors contributing to an uncertain outlook as of the end of the fiscal year.
  18. FY2021-Q3MaterialisedAnnual report

    「Looking ahead, a continued recovery from the extremely severe situation is expected as measures to prevent the spread of infection are implemented and the level of socioeconomic activity is gradually raised, supported by the effects of various policies. However, it remains necessary to closely monitor the impact of trends in infectious diseases in Japan and overseas and volatility in the financial and capital markets, and the outlook remains uncertain.」

    The company continues to identify trends in infectious diseases in Japan and overseas and volatility in the financial and capital markets as factors contributing to an uncertain outlook.
  19. FY2021-Q2MaterialisedAnnual report

    「Looking ahead, a continued recovery from the extremely severe situation is expected as measures to prevent the spread of infection are implemented and the level of socioeconomic activity is gradually raised, supported by the effects of various policies. However, it remains necessary to closely monitor the impact of trends in infectious diseases in Japan and overseas and volatility in the financial and capital markets, and the outlook remains uncertain.」

    The company continues to identify trends in infectious diseases and volatility in the financial and capital markets as factors contributing to an uncertain outlook. The existing uncertainties continued during the current quarter.
  20. FY2021-Q1MaterialisedAnnual report

    「Looking ahead, a recovery from the extremely severe situation is expected as measures to prevent the spread of infection are implemented and the level of socioeconomic activity is gradually raised, supported by the effects of various policies. However, it remains necessary to closely monitor the impact of trends in infectious diseases in Japan and overseas and volatility in the financial and capital markets, and the outlook remains uncertain.」

    The company continues to identify trends in infectious diseases and volatility in the financial and capital markets as factors contributing to an uncertain outlook. The pandemic’s downward impact on the economy also continued during the current quarter.
  21. FY2020MaterialisedAnnual report

    「During the fiscal year, although the Japanese economy was on a moderate recovery track, it entered a severe situation as the COVID-19 pandemic rapidly pushed the economy downward.」

    The company states that, in addition to the existing uncertainties in overseas economies, trade issues and financial markets, the COVID-19 pandemic had an actual downward impact on the economy.
  22. FY2020-Q3Weakness in exports and manufacturing, and concerns over the Chinese economyAnnual report

    「Meanwhile, the outlook remained uncertain due to developments surrounding international trade issues, the outlook for the Chinese economy, trends in overseas economies, volatility in the financial and capital markets, and consumer sentiment following the consumption tax rate increase.」

    The company continues to identify trade issues, the outlook for the Chinese and overseas economies, volatility in the financial and capital markets, and consumer sentiment following the consumption tax rate increase as uncertainties.
  23. FY2020-Q2Uncertainty following the rise in crude oil prices and the consumption tax rate increaseAnnual report

    「During the six-month period ended 30 September 2019 (1 April 2019 to 30 September 2019), the Japanese economy continued to show weakness, particularly in exports, and production and housing construction also weakened, although the economy recovered moderately, supported by solid corporate earnings and improving employment conditions. However, the outlook remained uncertain due to trends in consumer sentiment following the consumption tax rate increase, international trade issues, rising crude oil prices, and volatility in the financial and capital markets.」

    In addition to weakness in exports, production and housing construction, the company identified consumer sentiment following the consumption tax rate increase, trade issues, rising crude oil prices, and volatility in the financial and capital markets as business-environment uncertainties.
  24. FY2019-Q3RestatedAnnual report

    「However, in addition to flat domestic housing construction, attention is required regarding the impact of developments in trade issues on the global economy, uncertainty in overseas economies, and volatility in the financial and capital markets. The outlook for the economy therefore remains uncertain.」

    The company continues to identify flat housing construction, trade issues, uncertainty in overseas economies, volatility in the financial and capital markets, and an uncertain economic outlook as business-environment risks.
  25. FY2019-Q2Trade issues explicitly identifiedAnnual report

    「However, in addition to flat domestic housing construction, attention is required regarding the impact of developments in trade issues on the global economy, uncertainty in overseas economies, and volatility in the financial and capital markets. The outlook for the economy therefore remains uncertain.」

    In addition to domestic housing construction remaining flat, the company newly identified the impact of trade issues on the global economy. It also continues to cite uncertainty in overseas economies, volatility in the financial and capital markets, and an uncertain economic outlook.
  26. FY2018-Q3First statedAnnual report

    「However, in Japan, housing construction has begun to weaken, and attention is required regarding the impact of uncertainty in overseas economies and volatility in the financial and capital markets. The outlook for the economy therefore remains uncertain.」

    This is the first time the company has separately identified weakness in domestic housing construction, uncertainty in overseas economies, volatility in the financial and capital markets, and an uncertain economic outlook as business-environment risks.
Moved together

"Disaster Risk from Concentration at a Single Production Site" moved the same way as this thread, in the same document, in 5 of its 26 moves.

5443★1234
  1. ★This thread
  2. 1Disaster Risk from Concentration at a Single Production Site5×
  3. 2Impact of Product Inventory Fluctuations on Gross Profit and Operating Cash Flow4×
  4. 3Surging Raw Material Prices4×
  5. 4Dependence on Heating Equipment and the Impact of Weather and Temperatures3×

★ 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
Dainichi's next results are scheduled for 2026-11-04. Read the earnings preview It last moved in the Results of 2026-07-31: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.