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Oiles (6282) · RiskMitigated

Impact of Public Works Investment Budgets and Execution Timing on the Structural Equipment Business

First written in FY2017-Q1. 17 of 25 entries say "Restated". Latest entry: FY2026.

25entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2019-Q3RestatedFY2020-Q1 – FY2022-Q22016: 220162017: 420172018: 420182019: 320192020: 320202021: 320212022: 120222023: 220232024: 120242025: 120252026: 12026
Same theme, other companies
Decline in demand due to fluctuations in public investment and industrial capital investmentA theme 36 companies write about · 29 as a headwind · 6 as a tailwind

The whole theme swung hardest in 2024: 8 of 28 companies on the "Worse" side.

2 other companies' latest entry also says "Mitigated".

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 36 companies compared. The sentences above are computed from all 36.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「The structural equipment business accounted for 16.3% of the group’s total sales. Sales from this business may be affected by the budgets and other factors relating to public investment projects in Japan.」

    The structural equipment business’s share of sales fell from 16.7% in the previous period to 16.3%, indicating a lower degree of dependence on public investment budgets.
  2. FY2025MitigatedAnnual report

    「Revenue from the Group's structural equipment business accounts for 16.7% of total revenue. Revenue from this business may be affected by the budgets and other factors related to public investment projects in Japan.」

    The structural equipment business’s share of sales fell from 19.3% in the previous period to 16.7%. The risk of continued dependence on public investment budgets remains.
  3. FY2024WorsenedAnnual report

    「Revenue from the Group's structural equipment business accounts for 19.3% of total revenue. Revenue from this business may be affected by the budgets and other factors related to public investment projects in Japan.」

    The structural equipment business's share of revenue rose from 18.1% to 19.3%, quantifying the business's dependence on public-investment budgets.
  4. FY2023MitigatedAnnual report

    「Revenue from the Group's structural equipment business accounts for 18.1% of total revenue. Revenue from this business may be affected by the budgets and other factors related to public investment projects in Japan.」

    The structural equipment business's share of revenue fell from 20.6% in the previous fiscal year to 18.1%. Meanwhile, the risk of being affected by public-investment budgets and the response through improvements in profitability and cost structure continue.
  5. FY2023-Q3WorsenedAnnual report

    「For both bridge and building products, sales were pushed back to the fourth quarter or later due to delays in project schedules, while the number of large projects declined from the same period of the previous year. Consequently, revenue and profit from structural equipment as a whole fell below the same period of the previous year.」

    Delays in construction schedules and a decline in large-scale projects for bridges and buildings caused sales and profit in the structural equipment business to fall below the same period of the previous year. The effects of the timing of execution of public-investment-related projects and other factors are reflected in actual results.
  6. FY2022WorsenedAnnual report

    「Revenue from the Group's structural equipment business accounts for 20.6% of total revenue. Revenue from this business may be affected by the budgets and other factors related to public investment projects in Japan.」

    The structural equipment business's share of revenue was 20.6%, quantifying its dependence on public-investment budgets.
  7. FY2022-Q2RestatedAnnual report

    「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the impact of public-works investment budgets and execution timing on the structural equipment business.
  8. FY2022-Q1RestatedAnnual report

    「No new business or other risks arose during the cumulative first quarter of the current consolidated fiscal year. There were also no significant changes to the business or other risks described in the securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the impact of public-works investment budgets and execution timing on the structural equipment business.
  9. FY2021-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no material changes in the impact of public-works investment budgets and execution timing on the structural equipment business.
  10. FY2021-Q2RestatedAnnual report

    「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the impact of public-works investment budgets and execution timing on the structural equipment business.
  11. FY2021-Q1RestatedAnnual report

    「No new business or other risks arose during the cumulative first quarter of the current consolidated fiscal year. There were also no significant changes to the business or other risks described in the securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the impact of public-works investment budgets and execution timing on the structural equipment business.
  12. FY2020-Q3RestatedAnnual report

    「There have been no material changes in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the impact of public-works investment budgets and execution timing on the structural equipment business.
  13. FY2020-Q1RestatedAnnual report

    「There have been no material changes in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the impact of public-works investment budgets and execution timing on the structural equipment business.
  14. FY2019WorsenedAnnual report

    「Revenue from the Group's structural equipment business accounts for 14.8% of total revenue. Revenue from this business may be affected by the budgets and other factors related to public investment projects in Japan.」

    The structural equipment business's share of revenue rose from 11.7% in the previous fiscal year to 14.8%, quantifying its dependence on public-investment budgets.
  15. FY2019-Q3RestatedAnnual report

    「There have been no material changes in the business and other risks described in the securities report for the previous consolidated fiscal year.」

    The company states that there have been no material changes in the impact of public-works investment budgets and execution timing on the structural equipment business.
  16. FY2019-Q2RestatedAnnual report

    「Sales and profit in the structural equipment business, which is focused mainly on road construction, are expected to be affected by changes in public-works investment budgets and the timing of their execution as part of future fiscal consolidation.」

    The company continues to disclose the impact of changes in public-works investment budgets and the timing of their execution on the structural equipment business.
  17. FY2019-Q1RestatedAnnual report

    「Sales and profit in the structural equipment business, which is focused mainly on road construction, are expected to be affected by changes in public-works investment budgets and the timing of their execution as part of future fiscal consolidation.」

    The company continues to disclose the impact of changes in public-works investment budgets and the timing of their execution on the structural equipment business.
  18. FY2018RestatedAnnual report

    「Revenue from the Group's structural equipment business accounts for 11.7% of total revenue. Revenue from this business may be affected by the budgets and other factors related to public investment projects in Japan.」

    The company discloses that the structural equipment business accounts for 11.7% of revenue and continues to identify its dependence on public-investment budgets as a risk.
  19. FY2018-Q3RestatedAnnual report

    「Sales and profit in the structural equipment business, which is focused mainly on road construction, are expected to be affected by changes in public-works investment budgets and the timing of their execution as part of future fiscal consolidation.」

    The company continues to disclose the risk that changes in public-works investment budgets and the timing of their execution will affect the structural equipment business.
  20. FY2018-Q2RestatedAnnual report

    「Sales and profit in the structural equipment business, which is focused mainly on road construction, are expected to be affected by changes in public-works investment budgets and the timing of their execution as part of future fiscal consolidation.」

    The company continues to disclose the risk that changes in public-works investment budgets and the timing of their execution will affect the structural equipment business.
  21. FY2018-Q1RestatedAnnual report

    「Sales and profit in the structural equipment business, which is focused mainly on road construction, are expected to be affected by changes in public-works investment budgets and the timing of their execution as part of future fiscal consolidation.」

    The risk that changes in public-works investment budgets and the timing of their execution will affect sales and profit in the structural equipment business continues.
  22. FY2017RestatedAnnual report

    「Revenue from the Group's structural equipment business accounts for 11.6% of total revenue. Revenue from this business may be affected by the budgets and other factors related to public investment projects in Japan.」

    The company discloses that the structural equipment business depends on public-investment budgets and accounts for 11.6% of total revenue.
  23. FY2017-Q3RestatedAnnual report

    「Sales and profit in the structural equipment business, which is focused mainly on road construction, are expected to be affected by changes in public-works investment budgets and the timing of their execution as part of future fiscal consolidation.」

    The risk that changes in public-works investment budgets and the timing of their execution will affect the structural equipment business continues.
  24. FY2017-Q2RestatedAnnual report

    「The number of projects for both bridge and building products continues to decline, be cancelled and be postponed, and sales fell.」

    The ongoing decline, cancellation and postponement of public-works-related projects has led to lower sales in the structural equipment business.
  25. FY2017-Q1First statedAnnual report

    「The number of projects for both bridge and building products continues to decline, be cancelled and be postponed, and sales fell substantially.」

    The company states that the decline, cancellation and postponement of public-works-related projects resulted in an actual decline in sales.
Moved together

"Rising prices of steel, copper alloy, and resin raw materials" moved the same way as this thread, in the same document, in 4 of its 25 moves.

443333★123456
  1. ★This thread
  2. 1Rising prices of steel, copper alloy, and resin raw materials4×
  3. 2Economic slowdown in emerging markets, led by China, and the stronger yen and falling stock prices4×
  4. 3Deepening penetration in the general industrial sector and global expansion in the automotive sector3×
  5. 4Securing Profitability in the Building Equipment Business Through Customer-Focused Sales and More Efficient Spending3×
  6. 5Declining profitability in the Structural Equipment Business and impairment loss3×
  7. 6Expansion of Sales of Products for the Renewable Energy Sector3×

★ 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
Oiles's next results are scheduled for 2026-11-06. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Impact of Public Works Investment Budgets and Execution Timing on the Structural Equipment Business | OILES CORPORATION (6282) | Komori