Komori
Meidensha (6508) · RiskRestated

Deteriorating Domestic Water Business Conditions Due to Reduced Public Investment, Population Decline and Intensifying Competition

First written in FY2017-Q1. 12 of 14 entries say "Restated". Latest entry: FY2024-Q1.

14entries
8years
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2017-Q3RestatedFY2018-Q2 – FY2024-Q12016: 220162017: 320172018: 320182019: 320192020: 120202021: 120212022: 020222023: 12023
Same theme, other companies
Shrinking demand and intensifying competition in Japan’s domestic water businessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024-Q1RestatedAnnual report

    「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company states that there have been no material changes in existing risks, including shrinking demand in the domestic water business, population decline, facility downsizing and intensifying competition.
  2. FY2022-Q2RestatedAnnual report

    「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company states that there have been no material changes in the risks of reduced public investment, population decline, shrinking demand in the domestic water business and intensifying competition.
  3. FY2021-Q1RestatedAnnual report

    「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company states that there have been no material changes in existing risks, including shrinking demand in the domestic water business, population decline, facility downsizing and intensifying competition.
  4. FY2020-Q2RestatedAnnual report

    「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no material changes in the risks of declining demand for new facilities in the domestic water business, population decline, facility downsizing and intensifying competition.
  5. FY2020-Q1RestatedAnnual report

    「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company states that there have been no material changes in the risks of declining demand for new facilities in the domestic water business, population decline, facility downsizing and intensifying competition.
  6. FY2019-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no material changes in the risks of declining demand for new facilities in the domestic water business, population decline, facility downsizing and intensifying competition.
  7. FY2019-Q1RestatedAnnual report

    「Amid increasingly difficult business conditions, including fewer new water purification and sewage treatment projects and their downsizing due to local fiscal constraints and population decline, as well as intensifying competition with other companies,」

    Local fiscal constraints, fewer new projects and their downsizing due to population decline, and intensifying competition continue to be identified as risks to the domestic water business.
  8. FY2018RestatedAnnual report

    「Despite difficult business conditions in the water and environmental business, including budget cuts due to local fiscal constraints and shrinking demand due to population decline, revenue increased year on year as stronger proposal activities led to a recovery in orders for renewal projects.」

    While local fiscal constraints and shrinking demand due to population decline continue to be identified as risks, the recovery in orders for renewal projects is also noted.
  9. FY2018-Q3RestatedAnnual report

    「Amid difficult business conditions, including fewer new water purification and sewage treatment projects and their downsizing due to local fiscal constraints and population decline, as well as intensifying competition with other companies,」

    Local fiscal constraints, fewer new projects and their downsizing due to population decline, and intensifying competition continue to be identified as risks to the domestic water business.
  10. FY2018-Q2RestatedAnnual report

    「Amid difficult business conditions, including fewer water purification and sewage treatment plants and their downsizing due to local fiscal constraints and population decline, as well as intensifying competition with other companies,」

    Local fiscal constraints, fewer facilities and their downsizing due to population decline, and intensifying competition continue to be identified as factors contributing to the difficult environment for the domestic water business.
  11. FY2018-Q1WorsenedAnnual report

    「Amid increasingly difficult business conditions, including fewer water purification and sewage treatment plants and their downsizing due to local fiscal constraints and population decline, as well as intensifying competition with other companies,」

    In addition to reduced public investment, population decline and intensifying competition, fewer facilities due to local fiscal constraints are explicitly identified, providing greater detail on the difficult environment for the domestic water business.
  12. FY2017-Q3RestatedAnnual report

    「The business environment is becoming increasingly difficult due to fewer new water purification and sewage treatment plants as a result of reduced domestic public investment, downsizing of facilities due to population decline, and intensifying competition with other companies.」

    For the domestic water business, fewer new facilities, facility downsizing due to population decline and intensifying competition continue to constitute a difficult business environment.
  13. FY2017-Q2RestatedAnnual report

    「The business environment is becoming increasingly difficult due to fewer new water purification and sewage treatment plants as a result of reduced domestic public investment, downsizing of facilities due to population decline, and intensifying competition with other companies.」

    For the domestic water business, fewer new facilities, population-related downsizing and intensifying competition continue to be described as a difficult business environment.
  14. FY2017-Q1First statedAnnual report

    「The business environment is becoming increasingly difficult due to fewer new water purification and sewage treatment plants as a result of reduced public investment, downsizing of facilities due to population decline, and intensifying competition with other companies.」

    Declining demand for new facilities, population decline, facility downsizing and intensifying competition are described as ongoing factors in the business environment.
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Meidensha's next results are scheduled for 2026-10-30. Read the earnings preview
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