Project Execution, Procurement and Quality Risks
First written in FY2021. 4 of 6 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2026.
Toyo Kanetsu K.K. moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2026: 7 of 39 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「To ensure quality, the Group has strengthened quality control by establishing internal rules and developing a quality management system. In addition, even when a quality issue occurs, we have established a structure that enables a rapid response by placing the department responsible for quality control under the direct supervision of the president.」
To address project execution and quality risks, the company has established a quality management system and a quality control department reporting directly to the president. - FY2023MaterialisedAnnual report
「Revenue and operating profit declined due to the impact of difficulties procuring components caused by global supply chain disruption in the logistics solutions business.」
Supply chain disruption and difficulties procuring components also occurred in fiscal 2022, becoming factors behind lower revenue and profit in the logistics solutions business. - FY2023-Q3MaterialisedAnnual report
「For the cumulative consolidated third quarter period (1 April 2022 to 31 December 2022), consolidated results were affected by difficulties procuring components due to global supply chain disruption in the core logistics solutions business, as well as the reversal of the impact of the first-year application of the revenue recognition accounting standard to the machinery and plant business in the same quarter of the previous year. Revenue was ¥33.240 billion, down 23.0% year on year.」
Difficulties in procuring components due to global supply chain disruption have continued to occur and have emerged as a factor behind the 23.0% decline in consolidated revenue. - FY2023-Q2MaterialisedAnnual report
「For the cumulative consolidated second quarter period (1 April 2022 to 30 September 2022), consolidated results were affected by difficulties procuring components due to global supply chain disruption in the core logistics solutions business, as well as the reversal of the impact of the first-year application of the revenue recognition accounting standard to the machinery and plant business in the same quarter of the previous year. Revenue was ¥21.665 billion, down 29.3% year on year, and operating profit was ¥837 million, down 48.1%.」
Difficulties in procuring components due to global supply chain disruption have continued to occur and have emerged as factors behind a 29.3% decline in consolidated revenue and a 48.1% decline in operating profit. - FY2023-Q1MaterialisedAnnual report
「Due to difficulties procuring components caused by the global supply chain disruption affecting the core Logistics Solutions Business, together with the absence of the first-year impact of applying the accounting standard for revenue recognition to the Machinery and Plant Business in the previous year, net sales were ¥10,619 million, down 41.0% year on year, and operating profit was ¥388 million, down 45.4%.」
Difficulties in procuring components due to global supply chain disruption have actually occurred and have emerged as factors behind lower revenue and profit in the logistics solutions business and on a consolidated basis. - FY2021First statedAnnual report
「However, various factors could generate unforeseen costs, including schedule compression caused by unexpected changes to construction plans when shorter delivery times are required, and delivery-date adjustments associated with conducting multiple large-scale projects simultaneously within a given period.」
The company has organized simultaneous execution of large-scale logistics projects, shorter delivery times, changes to construction plans, procurement from specific overseas customers and quality claims as interrelated risks in project execution.