Demand fluctuations in end-use sectors, including power plants, factories, and water and wastewater infrastructure
First written in FY2016. 29 of 33 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If the industrial structure changes in the future and demand for pump and valve products declines, the Company’s operating results and other matters may be adversely affected.」
Continued measures addressing the risk of declining product demand due to changes in the industrial structure, including concentrating on niche markets, marketing analysis and developing new demand. - FY2026-H1RestatedAnnual report
「During the interim accounting period, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors. - FY2025RestatedAnnual report
「If the industrial structure changes in the future and demand for pump and valve products declines, the Company’s operating results and other matters may be adversely affected.」
Continued measures addressing the risk of declining product demand due to changes in the industrial structure, including concentrating on niche markets, marketing analysis and developing new demand. - FY2024RestatedAnnual report
「If the industrial structure changes in the future and demand for pump and valve products declines, the Company’s operating results and other matters may be adversely affected.」
Continued measures addressing the risk of declining product demand due to changes in the industrial structure, including concentrating on niche markets, marketing analysis and developing new demand. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2022MaterialisedAnnual report
「However, the main reason the target was not achieved was the postponement of capital expenditure and maintenance by some customers.」
Stated that postponements of capital expenditure and maintenance in demand sectors actually occurred and were the main reason the target for the fiscal year ending March 2022 was not achieved. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2021RestatedAnnual report
「If the industrial structure changes in the future and demand for pump and valve products declines, the Company’s operating results and other matters may be adversely affected.」
Continued to describe the risk of declining product demand due to changes in the industrial structure, and measures such as concentrating on niche markets, marketing, and developing new demand. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors. - FY2020ReframedAnnual report
「If the industrial structure changes in the future and demand for pump and valve products declines, the Company’s operating results and other matters may be adversely affected.」
Reframed the risk from the previous description of demand fluctuations in sectors such as power plants, factories, and water and wastewater utilities to a decline in product demand resulting from changes in the industrial structure. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2019RestatedAnnual report
「The Company’s operating results and financial position may be affected by fluctuations in demand in these industries.」
Continued to describe the risk of demand fluctuations across a broad range of demand sectors, including power plants, factories, and water and wastewater utilities. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2018MitigatedAnnual report
「Because the Company’s operating results may be affected by fluctuations in demand in these industries, it reduces the risk by securing orders from a broad range of demand sectors.」
Explicitly described the measure of reducing the risk of fluctuations in demand sectors by securing orders from a broad range of demand sectors. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2017RestatedAnnual report
「The Company’s operating results and financial position may be affected by fluctuations in demand in these industries.」
Continued to describe the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was explicitly stated that there were no material changes to the risk of fluctuations in demand sectors such as power plants, factories, and water and wastewater utilities. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
Explicitly stated that there were no material changes from the prior-year description of the risk of fluctuations in demand sectors. - FY2016First statedAnnual report
「The Company’s operating results and financial position may be affected by fluctuations in demand in these industries.」
Risk arising from dependence on multiple demand sectors in Japan, including power plants, factories, public water and wastewater utilities, and various manufacturing-related facilities.