Risk of fluctuations in period earnings due to delays or cancellations of large-scale projects
First written in FY2016. 6 of 12 entries say "Restated". Latest entry: FY2026.
Kikukawa Enterprise moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Shipment delays for a certain period may occur due to longer lead times for purchased components or delays in the construction plans for customer plants in Japan and overseas. In such cases, because these projects account for a high proportion of annual sales, period earnings may fluctuate significantly from the initial forecast.」
The company continues to identify longer lead times for purchased components and delays in the construction plans for customer plants as factors behind shipment delays and fluctuations in period earnings. - FY2025RestatedAnnual report
「Shipment delays for a certain period may occur due to longer lead times for purchased components or delays in the construction plans for customer plants in Japan and overseas. In such cases, because these projects account for a high proportion of annual sales, period earnings may fluctuate significantly from the initial forecast.」
The company continues to identify longer lead times for purchased components and delays in the construction plans for customer plants as risks that could cause shipment delays and fluctuations in period earnings. - FY2025-H1MaterialisedAnnual report
「Under these business conditions, sales for the interim accounting period amounted to ¥1.76917 billion, down 5.3% year on year and below the level announced at the beginning of the fiscal year, partly because some expected delivery dates were postponed to the second half.」
Some expected delivery dates were actually postponed, contributing to interim sales falling below the level announced at the beginning of the fiscal year. - FY2024RestatedAnnual report
「Our manufacturing machinery often forms part of plant facilities, and shipment delays for a certain period may occur due to longer lead times for purchased components or delays in the construction plans for customer plants in Japan and overseas.」
The company continues to identify longer lead times for purchased components and delays in the construction plans for customer plants as risks that could cause shipment delays. - FY2022WorsenedAnnual report
「Our manufacturing machinery often forms part of plant facilities, and shipment delays for a certain period may occur due to longer lead times for purchased components or delays in the construction plans for customer plants in Japan and overseas.」
In addition to delays in the construction plans for customer plants, the company expressly identifies longer lead times for purchased components as a factor behind shipment delays. The text explains that longer lead times for materials affected the stagnation in profit growth. - FY2021WorsenedAnnual report
「Our manufacturing machinery often forms part of plant facilities, and installation delays at overseas plants due to COVID-19 have continued. Customer circumstances, such as delays in factory construction plans in Japan and overseas, may also result in shipment delays for a certain period.」
In addition to the previously identified possibility of shipment delays, the company states that installation delays at overseas plants caused by COVID-19 have continued. - FY2021-Q2MaterialisedAnnual report
「Under these business conditions, our second-quarter sales fell 53.1% year on year to ¥927.294 million (¥1,975.352 billion in the same quarter of the previous year), marking the second consecutive year of lower sales, partly because some overseas shipments were delayed.」
Previously, shipment delays due to customer circumstances had been described as a possibility, but this time the company explains that actual delays in some overseas shipments occurred and contributed to the decline in sales. - FY2020RestatedAnnual report
「Our manufacturing machinery often forms part of plant facilities, and customer circumstances, such as delays in factory construction plans in Japan and overseas, may result in shipment delays for a certain period.」
The company continues to describe shipment delays caused by delays in customers' factory construction plans and the risk of fluctuations in period earnings due to the high proportion accounted for by these projects. - FY2019RestatedAnnual report
「In Japan and overseas, customer circumstances, such as delays in factory construction plans, may result in shipment delays for a certain period.」
The company continues to identify shipment delays caused by delays in customers' factory construction plans and the resulting risk of fluctuations in period earnings due to the high proportion accounted for by these projects. - FY2018RestatedAnnual report
「In Japan and overseas, customer circumstances, such as delays in factory construction plans, may result in shipment delays for a certain period. In such cases, because these projects account for a high proportion of annual sales, period earnings may fluctuate significantly from the initial forecast.」
The company continues to describe shipment delays caused by delays in customers' factory construction plans and the risk of fluctuations in period earnings due to the high proportion accounted for by these projects. - FY2017SoftenedAnnual report
「In Japan and overseas, customer circumstances, such as delays in factory construction plans, may result in shipment delays for a certain period.」
The previous reference to order cancellations has been removed, and the risk description now focuses primarily on shipment delays. - FY2016First statedAnnual report
「Our manufacturing machinery often forms part of plant facilities, and customer circumstances, such as delays in factory construction plans or interruptions to production activities in Japan and overseas, may result in shipment delays for a certain period or order cancellations.」
Against the backdrop of individual large-scale plant projects accounting for a high proportion of annual sales, the company describes the risk of fluctuations in shipment timing and orders.