Delays in CFCC projects, joint development and standards setting
First written in FY2017. 11 of 16 entries say "Mitigated", first in FY2018. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1MitigatedAnnual report
「As CFCC projects progressed in Japan and overseas, sales increased, resulting in segment sales of ¥8,672 million, up 16.3% year on year, and operating profit of ¥425 million, compared with an operating loss of ¥172 million in the same period of the previous year.」
Sales increased as domestic and overseas CFCC projects progressed, while development products turned from an operating loss to an operating profit, mitigating the impact of previous project delays and delays in commercialization. - FY2025-H1MitigatedAnnual report
「Although sales declined due to delays in orders in the domestic disaster prevention business, sales in the CFCC and bridge businesses increased and profit improved slightly. The segment recorded sales of ¥7,457 million, up 0.8% year on year, and an operating loss of ¥172 million, compared with an operating loss of ¥177 million in the same period of the previous year.」
The impact of previous CFCC project delays and delays in commercialization was partially mitigated by higher sales in the CFCC business and narrower losses related to development products. - FY2024WorsenedAnnual report
「In the CFCC business, new projects for domestic civil engineering applications increased, but delays in sales caused by adjustments to the construction schedules of projects carried over from the previous period resulted in lower sales.」
The CFCC delay risk that had been mitigated by progress on large projects and expanded sales has re-emerged as schedule adjustments and sales delays in ongoing projects. - FY2024-Q3WorsenedAnnual report
「In the CFCC business, new projects for domestic civil engineering applications increased, but sales and profit both declined due to adjustments to the construction schedules of projects carried over from the previous period.」
Schedule adjustments continue on ongoing CFCC projects, and their impact is expanding in the form of lower sales and profit. - FY2024-Q2MaterialisedAnnual report
「In the CFCC business, both sales and profit declined due to adjustments to the construction schedules of projects carried over from the previous period.」
Previously, the risk of delays had been mitigated by progress on large projects and expanded sales, but schedule adjustments actually occurred in ongoing CFCC projects and became a factor behind lower sales and profit. - FY2023MitigatedAnnual report
「Development-related products continued to perform well, supported by expanded sales in overseas disaster prevention-related businesses and the North American CFCC business.」
The segment posted operating profit of ¥1,289 million as a result of expanded sales in the North American CFCC business and improved operations related to development products, further mitigating the impact of project delays and delays in commercialization. - FY2023-Q3MitigatedAnnual report
「Domestic disaster prevention-related business remained solid, partly due to the completion of orders carried over from the previous period. In addition, overseas disaster prevention-related sales expanded and sales in the North American CFCC business increased, resulting in sales of ¥14,242 million, up 9.6% year on year, and operating profit of ¥978 million, up 1,126.0% year on year.」
The impact of the previous project delays and delays in commercialization was further mitigated by higher sales in the North American CFCC business and an improvement in development products-related operating profit to ¥978 million. - FY2023-Q2MitigatedAnnual report
「Domestic disaster prevention-related business remained solid, partly due to the completion of orders carried over from the previous period. In addition, sales in the overseas CFCC business increased as overseas disaster prevention-related sales expanded and we addressed ongoing large-scale projects in North America, resulting in sales of ¥8,763 million, up 6.5% year on year, and operating profit of ¥315 million, up 563.0% year on year.」
The overseas CFCC business posted higher sales and profit due to ongoing large North American projects and other factors, further mitigating the previous risks of project delays and delays in commercialization. - FY2023-Q1MitigatedAnnual report
「Sales in this business totaled ¥4,351 million, up 22.0% year on year, and operating profit was ¥272 million, compared with an operating loss of ¥213 million in the same period of the previous year, mainly due to higher sales in the overseas CFCC business from ongoing large North American projects and other factors.」
Large North American CFCC projects remain ongoing, and progress in commercialization is reflected in higher sales in the overseas CFCC business and the development products business moving into the black. - FY2022MitigatedAnnual report
「Sales increased as a large overseas CFCC project progressed, resulting in net sales of ¥18,943 million, up 7.6% from the previous consolidated fiscal year, and an operating profit of ¥215 million, compared with an operating loss of ¥134 million in the previous consolidated fiscal year.」
Large CFCC projects are progressing, and the previous risks of commercialization and project delays have been mitigated through the development products business moving into the black. - FY2022-Q3MitigatedAnnual report
「Partly due to higher sales resulting from progress on large overseas CFCC projects, sales in this business were ¥12,999 million, up 26.0% year on year, and operating profit was ¥79 million, compared with an operating loss of ¥657 million in the same period of the previous year.」
Large overseas CFCC projects are progressing, and progress in addressing the previous project delays and delays in commercialization is now reflected in the conversion into operating profit. - FY2021MitigatedAnnual report
「We worked on large-scale orders and other opportunities for carbon fiber composite cable (CFCC) in North America, while simultaneously strengthening our business base and advancing our growth strategy.」
The company cited its work on large-scale orders for CFCC in North America, indicating progress toward commercialization in response to the previous risks of delays in standards setting and joint development. - FY2020AdvancedAnnual report
「In the North American civil engineering business, the American Association of State Highway and Transportation Officials established guide specifications in 2018, and during the current consolidated fiscal year the company received an order for reinforcement materials for piles used in a large-scale bridge.」
After guide specifications were established, the company received an order for reinforcement materials for piles used in a large-scale bridge, moving from the previous risk of delays in standards setting to actual adoption. - FY2019MitigatedAnnual report
「Joint development with users and other initiatives are generally progressing smoothly. In the North American civil engineering business, guide specifications were established by the American Association of State Highway and Transportation Officials, and adoption across the United States is expected going forward.」
Progress in joint development improved, and guide specifications for the North American civil engineering business were established, advancing the response to the previous delay risk. - FY2018MitigatedAnnual report
「Although progress on some projects has been delayed due to local circumstances, joint development with users and other initiatives are generally progressing smoothly. In the North American civil engineering business, the guide specifications of the American Association of State Highway and Transportation Officials were expected to be established during fiscal 2018.」
Although delays remained in some projects, joint development was generally progressing smoothly, and prospects for establishing guide specifications in the North American civil engineering business had emerged. - FY2017MaterialisedAnnual report
「Progress on some projects has been delayed due to local circumstances, and joint development with users is also taking longer than expected. In the North American civil engineering business, work to establish guide specifications by the American Association of State Highway and Transportation Officials has likewise been delayed.」
Delays and extended timelines have affected CFCC projects in Indonesia and North America, joint development with users, and standards setting for the North American civil engineering business.