Gradual contraction of the domestic conveyor components market
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if the conveyor parts market contracts in the future because of contraction in Japan's domestic manufacturing sector or technological innovations that eliminate the need for existing conveyor parts, this could have a material impact on the Group's business and performance.」
The Company continues to disclose the risk that the conveyor parts market could contract because of contraction in Japan's domestic manufacturing sector or alternative technologies. - FY2025RestatedAnnual report
「If the conveyor parts market contracts in the future because of contraction in Japan's domestic manufacturing sector or technological innovations that eliminate the need for existing conveyor parts, this could have a material impact on the Group's business and performance.」
The Company continues to disclose the risk that the conveyor parts market could contract because of contraction in Japan's domestic manufacturing sector or alternative technologies. - FY2024First statedAnnual report
「Given the limited opportunities for new construction, the Company believes that Japan's domestic market for basic conveyor parts is gradually moving toward contraction.」
The Company recognises that Japan's domestic market for basic conveyor parts is contracting, against a backdrop of contraction in the steel industry, limited prospects for new coal-fired power plants and declining demand for large-scale infrastructure development.