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Toyo Kanetsu K.K. (6369) · RiskRestated

Sluggish order intake for new machinery and plant construction projects due to COVID-19

First written in FY2021-Q1. 10 of 12 entries say "Restated". Latest entry: FY2024-Q2.

12entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2021-Q2 – FY2021-Q3RestatedFY2022-Q1 – FY2024-Q22020: 220202021: 420212022: 320222023: 32023
Same theme, other companies
Delays in Orders and On-Site Implementation Due to the Prolonged COVID-19 PandemicA theme 44 companies write about · 45 as a headwind · 0 as a tailwind

Toyo Kanetsu K.K. moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).

The whole theme swung hardest in 2024: 5 of 21 companies on the "Worse" side.

12 other companies' latest entry also says "Restated".

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 44 companies compared. The sentences above are computed from all 44.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2RestatedAnnual report

    「Although it remains difficult to predict how the COVID-19 pandemic will spread going forward and when it will end, we currently believe that its impact on accounting estimates, including the recoverability of deferred tax assets, is limited. However, if the timing of the end of the COVID-19 pandemic or its impact on the economic environment changes, this could affect the company's financial position and operating results.」

    The company reconfirms the difficulty of predicting when COVID-19 will end and the possibility that changes in its impact on the economic environment could affect operating results.
  2. FY2024-Q1RestatedAnnual report

    「Although it remains difficult to predict how the COVID-19 pandemic will spread going forward and when it will end, we currently believe that its impact on accounting estimates, including the recoverability of deferred tax assets, is limited. However, if the timing of the end of the COVID-19 pandemic or its impact on the economic environment changes, this could affect the company's financial position and operating results.」

    The company reconfirms the difficulty of predicting when COVID-19 will end and the possibility that changes in the economic environment could affect its financial position and operating results.
  3. FY2023-Q3RestatedAnnual report

    「Although it remains difficult to predict how the COVID-19 pandemic will spread going forward and when it will end, we currently believe that its impact on accounting estimates, including the recoverability of deferred tax assets, is limited. However, if the timing of the end of the COVID-19 pandemic or its impact on the economic environment changes, this could affect the company's financial position and operating results.」

    The company reconfirms the difficulty of predicting how COVID-19 will spread and when it will end, as well as the possibility that changes in the economic environment could affect its financial position and operating results.
  4. FY2023-Q2RestatedAnnual report

    「Although it remains difficult to predict how the COVID-19 pandemic will spread going forward and when it will end, we currently believe that its impact on accounting estimates, including the recoverability of deferred tax assets, is limited. However, if the timing of the end of the COVID-19 pandemic or its impact on the economic environment changes, this could affect the company's financial position and operating results.」

    The company reconfirms the difficulty of predicting when the COVID-19 pandemic will end and the possibility that changes in the economic environment could affect its financial position and operating results.
  5. FY2023-Q1RestatedAnnual report

    「Although it remains difficult to predict how the COVID-19 pandemic will spread going forward and when it will end, we currently believe that its impact on accounting estimates, including the recoverability of deferred tax assets, is limited. However, if the timing of the end of the COVID-19 pandemic or its impact on the economic environment changes, this could affect the company's financial position and operating results.」

    The company reconfirms the difficulty of predicting when the COVID-19 pandemic will end and the possibility that future changes in the economic environment could affect its financial position and operating results.
  6. FY2022-Q3RestatedAnnual report

    「Although it remains difficult to predict how the COVID-19 pandemic will spread going forward and when it will end, we currently believe that its impact on accounting estimates, including the recoverability of deferred tax assets, is limited.」

    While the difficulty of predicting how COVID-19 will spread and when it will end continues, the company reiterates its view that its impact on accounting estimates is currently limited.
  7. FY2022-Q2RestatedAnnual report

    「Although it remains difficult to predict how the COVID-19 pandemic will spread going forward and when it will end, we currently believe that its impact on accounting estimates, including the recoverability of deferred tax assets, is limited.」

    While the difficulty of predicting how COVID-19 will spread and when it will end continues, the company reiterates its view that its impact on accounting estimates is currently limited.
  8. FY2022-Q1RestatedAnnual report

    「Although it remains difficult to predict how the COVID-19 pandemic will spread going forward and when it will end, we currently believe that its impact on accounting estimates, including the recoverability of deferred tax assets, is limited.」

    While the difficulty of predicting when the COVID-19 pandemic will end continues, the company indicates that its impact on accounting estimates is currently limited.
  9. FY2021MaterialisedAnnual report

    「Overseas new-build projects, particularly those expected in emerging markets, have been significantly affected by the spread of COVID-19, and major delays, reductions and reviews of capital investment are continuing.」

    The impact of the COVID-19 pandemic is evident in the actual order environment through delays, reductions and reviews of capital investment in overseas new-build projects.
  10. FY2021-Q3RestatedAnnual report

    「While the order environment for new projects remains subdued, partly due to the impact of the COVID-19 pandemic,」

    The prolonged slump in orders for new machinery and plant projects due to the COVID-19 pandemic continues to be noted.
  11. FY2021-Q2RestatedAnnual report

    「While orders for new installation projects remained weak, partly due to the impact of the COVID-19 pandemic,」

    The prolonged slump in orders for new machinery and plant projects due to the COVID-19 pandemic continues to be noted.
  12. FY2021-Q1MaterialisedAnnual report

    「While orders for new installation projects remained weak, partly due to the impact of the COVID-19 pandemic,」

    The COVID-19 pandemic was explicitly identified for the first time as a factor behind weak orders for new machinery and plant installation projects, with external-environment risks appearing in actual order trends.
Moved together

"Risk of Large-Scale Project Cancellations, Delays and Deteriorating Profitability" moved the same way as this thread, in the same document, in 2 of its 12 moves.

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  2. 1Risk of Large-Scale Project Cancellations, Delays and Deteriorating Profitability2×

★ 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.

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Sluggish order intake for new machinery and plant construction projects due to COVID-19 | TOYO KANETSU K.K. (6369) | Komori