Fadeout of special demand from a large-scale project for Africa
First written in FY2019-Q3. 2 of 6 entries say "Materialised", first in FY2019. Latest entry: FY2025-H1.
Sakai Heavy Industries moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 3 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2025-H1Africa project delivered, but revenue declined in other marketsAnnual report
「Sales to other markets decreased 38.6% year on year to ¥523.892 million, as sales across other markets remained sluggish despite the delivery of an Africa-bound project.」
The Africa-bound project was delivered, but sluggish sales across other markets resulted in a 38.6% year-on-year decline in sales to other markets. - FY2024AdvancedAnnual report
「Sales to other markets increased 103.8% from the previous consolidated fiscal year to ¥1,432.916 million, as the Oceania market remained firm and Africa-bound ODA projects accumulated.」
The accumulation of Africa-bound ODA projects drove a 103.8% year-on-year increase in sales to other markets. - FY2024-Q2Africa-bound project deliveredAnnual report
「Sales to other markets increased 202.0% year on year to ¥853.209 million, as demand in Oceania recovered and an Africa-bound project was delivered.」
The delivery of an Africa-bound project resulted in a 202.0% year-on-year increase in sales to other markets. The company did not state that the risk from the end of past large-scale exceptional demand had been eliminated. - FY2021MaterialisedAnnual report
「Sales to other markets decreased by 22.0% from the previous consolidated fiscal year to ¥449.315 million, as sales to Africa stagnated despite signs of a bottoming out in sales to Latin America and Oceania.」
Stagnant sales to Africa continued throughout the year, contributing to the decline in sales to other markets. - FY2019MaterialisedAnnual report
「Overseas sales decreased by ¥3,324.889 million, or 19.5%, from the previous consolidated fiscal year to ¥13,739.182 million, due to the economic slowdown in emerging markets and the end of exceptional demand from Africa-bound projects.」
The end of exceptional demand from a large Africa-bound project emerged as a factor behind the full-year decline in overseas sales. - FY2019-Q3First statedAnnual report
「Although the Group continued to develop overseas markets, sales for the nine months ended 31 December were unable to offset the loss of two major sources of one-off demand in the previous fiscal year, namely rush demand ahead of domestic emissions regulations and a large-scale project for Africa, and consequently remained at ¥18,618.518 million, down 12.6% year on year.」
The company stated that the end of exceptional demand from a large Africa-bound project occurred as expected, and that although it pursued market development overseas, this did not offset the decline in consolidated revenue.