Impact of Construction Schedule Delays on Business Performance
First written in FY2018-Q2. 6 of 14 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2026.
Advan Group moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2026: 10 of 22 companies on the "Worse" side.
14 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In addition to persistently high procurement costs, construction periods for some large-scale projects were delayed and their commencement was pushed back as a result of the impact on construction operations from chronic shortages of skilled workers at construction sites. Consequently, net sales for the consolidated fiscal year were ¥17,036 million, down 8.0% year on year, a decrease of ¥1,482 million from the previous fiscal year.」
Delays in the construction periods and commencement of large-scale projects actually occurred and appeared in performance as factors behind the decline in net sales. - FY2026-H1MaterialisedAnnual report
「The Group's net sales decreased by ¥339 million due to delays in large-scale projects to the second half of the fiscal year.」
The delay of the construction period for large-scale projects to the second half of the fiscal year actually resulted in a ¥339 million decline in net sales for the interim consolidated fiscal period. - FY2025WorsenedAnnual report
「In addition, as delays and reviews of the construction periods for some large-scale projects were affected by the 2024 problem, net sales for the consolidated fiscal year were ¥18,518 million, down 8.8% year on year, a decrease of ¥1,784 million from the previous fiscal year.」
Regarding construction delays, the Company states that delays and reviews of the construction periods for large-scale projects resulting from the 2024 problem contributed to the decline in net sales for the fiscal year. - FY2025-H1WorsenedAnnual report
「However, as the construction periods for some large-scale projects were pushed back to the second half of the fiscal year or later, net sales were ¥8,622 million, down 17.9% year on year, and operating income was ¥1,330 million, down 43.6%, for the interim consolidated fiscal period.」
Regarding construction delays, the Company states that the postponement of some large-scale projects to the second half of the fiscal year or later appeared in actual results as a factor behind the declines in interim net sales and operating income. - FY2022MaterialisedAnnual report
「Construction was temporarily suspended in some cases due to the effects of various restrictions associated with the Tokyo Olympic and Paralympic Games.」
Regarding risks related to construction progress, the Company states that construction was actually suspended temporarily due to the effects of restrictions associated with the Tokyo Olympic and Paralympic Games. - FY2021-Q3RestatedAnnual report
「Construction demand has remained below the level of the previous fiscal year, with construction postponements, cancellations and other developments occurring.」
Regarding risks related to construction periods and construction progress, the Company continues to state that construction postponements and cancellations occurred as a result of the COVID-19 pandemic. - FY2021-Q1MaterialisedAnnual report
「The business environment was challenging, as the spread of the novel coronavirus caused construction suspensions, reviews of capital investment plans and other developments.」
Regarding risks related to construction delays and progress, the Company states that construction suspensions actually occurred as a result of the spread of the infection. - FY2019WorsenedAnnual report
「The business environment was also challenging in some respects due to the effects of longer construction periods and higher costs caused by labor shortages.」
The effects of construction delays remained through the full fiscal year, and the challenging performance environment was described in terms of longer construction periods and higher costs caused by labor shortages. - FY2019-Q3WorsenedAnnual report
「Regarding operating results for the cumulative third quarter of the consolidated fiscal year, current performance was challenging due in part to the effects of construction delays and other factors.」
The Company states that construction delays and other factors continued to affect performance, resulting in challenging current performance. - FY2018RestatedAnnual report
「During the consolidated fiscal year, there were also effects from construction delays that had continued from the previous fiscal year, although signs of a gradual recovery began to emerge from the second quarter onward,」
The Company reiterates its view that the effects of construction delays remained through the full fiscal year, while signs of recovery emerged from the second quarter onward. - FY2018-Q3MitigatedAnnual report
「Regarding operating results for the cumulative third quarter of the consolidated fiscal year, the effects of construction delays that had continued since last year were evident, although signs of a gradual recovery began to emerge from the second quarter.」
The effects of construction delays continuing from the previous year are still stated, while the Company reports that signs of recovery emerged from the second quarter onward. - FY2018-Q2First statedAnnual report
「Although the effects of construction delays that have continued since last year were evident,」
The Company newly states, as an event that actually occurred, that construction delays continuing from the previous year affected performance in the current quarter.