Decline following temporary demand from domestic emissions regulations and convergence of domestic demand with underlying demand levels
First written in FY2017-Q1. 9 of 20 entries say "Mitigated", first in FY2018-Q3. Latest entry: FY2023.
Sakai Heavy Industries moved to the "Worse" side of this theme in 2016.
1 other company's latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「Domestic sales increased 6.4% from the previous consolidated fiscal year to ¥15,208.870 million as steady demand conditions continued against the backdrop of measures to accelerate the National Resilience initiative.」
There is no indication that the decline following the surge in demand ahead of emissions regulations was a downward factor, and domestic sales increased, supported by measures to accelerate national resilience. - FY2023-Q2MitigatedAnnual report
「Domestic sales continued to perform steadily against the backdrop of measures to accelerate the National Resilience initiative, increasing 3.1% year on year to ¥7,181.624 million.」
There is no indication that the decline following the surge in demand ahead of emissions regulations was a direct downward factor, and domestic sales rose 3.1% year on year, supported by measures to accelerate national resilience. - FY2022MitigatedAnnual report
「Domestic sales continued to perform strongly against the backdrop of measures to accelerate the National Resilience initiative, increasing 9.6% from the previous consolidated fiscal year to ¥14,292.096 million.」
There is no indication that the decline following the surge in demand ahead of emissions regulations was a direct downward factor, and domestic sales rose 9.6% from the previous fiscal year, supported by measures to accelerate national resilience. - FY2022-Q1MitigatedAnnual report
「Domestic sales increased 13.9% year on year to ¥2,765.668 million as public works remained steady.」
No previous downward pressure from the decline following the surge in demand ahead of emissions regulations was indicated, and domestic sales rose 13.9% year on year, supported by public works. - FY2021MitigatedAnnual report
「Domestic sales remained resilient on the back of steady public works execution, resulting in sales of ¥13,042.414 million, down 1.6% from the previous consolidated fiscal year.」
There is no indication that the decline following the surge in demand ahead of emissions regulations was a direct factor, and domestic sales remained firm, supported by public works. - FY2020-Q3MitigatedAnnual report
「Domestic sales continued to perform strongly, increasing 31.3% year on year to ¥10,586.199 million as the decline following the special demand for emissions regulations subsided.」
The impact of the risk associated with the post-surge decline has remained subdued, as the decline following the surge in demand ahead of emissions regulations was eliminated and domestic sales rose 31.3% year on year. - FY2020-Q2MitigatedAnnual report
「Domestic sales increased 42.9% year on year to ¥7,360.503 million as the decline following the special demand for emissions regulations subsided and sales of road maintenance and repair machinery remained strong.」
The impact of this risk weakened in the quarter, according to the filing, as the decline following the surge in demand ahead of emissions regulations was eliminated and domestic sales rose 42.9% year on year. - FY2020-Q1MitigatedAnnual report
「Domestic sales performed strongly as the decline following the special demand for emissions regulations subsided, increasing 21.5% year on year to ¥2,577.930 million.」
The filing stated that the decline following the previous year's surge in demand ahead of emissions regulations had been eliminated in the first quarter, and domestic sales rose 21.5% year on year. - FY2019MaterialisedAnnual report
「Domestic sales decreased by ¥1,404.051 million, or 11.3%, from the previous fiscal year to ¥11,035.882 million, due to a slowdown in underlying demand caused by delays in public works execution and the decline following the surge in demand ahead of emissions regulations.」
Domestic sales fell 11.3% as the decline following the surge in demand ahead of large roller emissions regulations continued throughout the full year, compounded by a slowdown in underlying demand caused by delays in the execution of public works. - FY2019-Q3MaterialisedAnnual report
「Domestic sales fell 16.3% from the same quarter a year earlier to ¥8,064.554 million, as the decline following the surge in demand ahead of large roller emissions regulations was compounded by delays in the execution of public works.」
Domestic sales fell 16.3% year on year as the decline following the surge in demand ahead of large roller emissions regulations continued, compounded by delays in the execution of public works. - FY2019-Q2MaterialisedAnnual report
「Sales in Japan declined 17.0% year on year to ¥5,151,610 thousand due to the decline in demand following the end of special demand ahead of emissions regulations for large-sized rollers implemented last September, as well as delays in the execution of public works.」
Domestic sales fell 17.0% year on year as the decline following the surge in demand ahead of large roller emissions regulations continued, compounded by delays in the execution of public works. - FY2019-Q1MaterialisedAnnual report
「Sales in Japan declined 13.0% year on year to ¥2,121,987 thousand due to the decline following the end of front-loaded demand ahead of emissions regulations for large-sized rollers at the end of August last year.」
The decline following the end of front-loaded demand ahead of emissions regulations for large-sized rollers continued, resulting in a 13.0% year-on-year decline in sales in Japan. - FY2018Coexistence of reliance on special demand and firm underlying demandAnnual report
「Sales in Japan increased by ¥1,180,894 thousand, or 10.5%, from the previous consolidated fiscal year to ¥12,439,934 thousand, supported by front-loaded demand arising from emissions regulations and firm demand thereafter. However, downward pressure on performance in the next period is expected from the loss of special-demand sales, higher costs due to yen appreciation and fluctuations in material prices, and increased expenses associated with investments in future growth strategies.」
While domestic demand is stated to remain firm even after the end of special demand related to emissions regulations, the loss of special-demand sales may put downward pressure on performance in the next period. - FY2018-Q3MitigatedAnnual report
「Sales in Japan increased 15.3% year on year to ¥9,635,278 thousand, as sales remained firm even after the front-loaded demand ahead of emissions regulations at the end of August last year.」
Domestic sales remained firm even after the front-loaded demand ahead of emissions regulations at the end of August last year, resulting in a 15.3% year-on-year increase, and it was stated that the risk of a demand decline following the end of special demand had weakened during this quarter. - FY2018-Q2RestatedAnnual report
「Sales in Japan increased 22.3% year on year to ¥6,208,674 thousand due to front-loaded demand ahead of emissions regulations for large-sized rollers, which had a production deadline at the end of August this year.」
Separate from the end of special demand for medium-sized rollers, new front-loaded demand related to the production deadline for large-sized rollers under emissions regulations continued, boosting sales in Japan by 22.3% year on year. - FY2018-Q1Temporary increase due to new front-loaded demandAnnual report
「Sales in Japan increased 22.2% year on year to ¥2,439,757 thousand due to front-loaded demand ahead of emissions regulations for large-sized rollers, which were subject to a production deadline at the end of August this year.」
In addition to the decline following the end of the previous special demand for medium-sized rollers, new front-loaded demand arose ahead of emissions regulations for large-sized rollers with a deadline at the end of August this year, temporarily boosting domestic sales. - FY2017RestatedAnnual report
「Sales in Japan declined by ¥2,283,311 thousand, or 16.9%, from the previous consolidated fiscal year to ¥11,259,039 thousand due to the end of special demand for medium-sized rollers ahead of emissions regulations.」
The decline in domestic sales following the end of special demand for medium-sized rollers ahead of emissions regulations also occurred for the full fiscal year. - FY2017-Q3MaterialisedAnnual report
「Sales in Japan declined 21.8% year on year to ¥8,356,012 thousand due to the end of special demand for medium-sized rollers ahead of emissions regulations.」
The decline in domestic sales following the end of special demand ahead of emissions regulations continued through the cumulative third quarter, resulting in a 21.8% year-on-year decline. - FY2017-Q2MaterialisedAnnual report
「Sales in Japan declined 21.4% year on year to ¥5,074,646 thousand due to the end of special demand for medium-sized rollers ahead of emissions regulations, although the decline was within the range expected at the beginning of the period.」
The decline following the end of special demand ahead of emissions regulations also occurred in the cumulative second quarter, resulting in a 21.4% year-on-year decline in sales in Japan. - FY2017-Q1First statedAnnual report
「In the domestic construction equipment market, front-loaded demand ahead of emissions regulations, which had significantly boosted domestic sales in the same quarter of the previous year, fell away and demand converged toward underlying levels. Sales in Japan declined 34.9% year on year to ¥1,997,305 thousand due to the decline following the end of front-loaded demand for medium-sized rollers ahead of emissions regulations.」
The decline following the end of front-loaded demand ahead of emissions regulations materialized, and sales in Japan declined 34.9% year on year.