Decline in Industrial Fastener Sales Due to Delays in Construction Projects
First written in FY2017-Q3. 2 of 5 entries say "Reframed", first in FY2020-Q2. Latest entry: FY2020-Q3.
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- FY2020-Q3ReframedAnnual report
「In the fastening segment, industrial fasteners declined despite the acquisition of new projects and other developments, as these were insufficient to offset the decline in orders resulting from changes in construction methods for ongoing projects and the impact of project schedule delays.」
In addition to the decline in orders resulting from changes in construction methods for ongoing projects, the impact of project schedule delays was explicitly cited as a factor behind the decline in industrial fasteners. - FY2020-Q2ReframedAnnual report
「In the fastening segment, industrial fasteners declined despite the acquisition of new projects and other developments, as these were insufficient to offset the decline in orders resulting from changes in construction methods for ongoing projects.」
The factor behind the decline in industrial fastener sales has shifted from construction projects and project schedule delays to a decline in orders resulting from changes in construction methods for ongoing projects. - FY2020-Q1MaterialisedAnnual report
「Industrial fasteners declined as performance remained weak due to delays in construction project schedules and other factors.」
Delays in construction project schedules were again cited as an actual factor behind the decline in sales. - FY2018DroppedAnnual reportThe full-year operating results do not explicitly cite delays in construction projects as a factor behind the decline in industrial fastener sales.
- FY2017-Q3First statedAnnual report
「Industrial fasteners declined due to the impact of delays in construction projects」
The company stated for the first time that actual delays in construction projects had become a factor behind the decline in industrial fastener sales.