Progress of Large-Scale Construction Projects, Including Tokyo Olympic and Paralympic Facilities
First written in FY2020-Q1. 3 of 5 entries say "Restated". Latest entry: FY2021-Q3.
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2021-Q3RestatedAnnual report
「The main reasons were a decrease in orders for condominium construction projects scheduled to commence during the current period and the completion of construction work for Olympic-related facilities in the previous period.」
Construction of Olympics-related facilities was completed in the previous fiscal year, reaffirming that demand for these facilities no longer existed in the large-project business during the current fiscal year. - FY2021-Q1RestatedAnnual report
「The main reasons for the decline in net sales were the decrease in demand for Olympic-related facilities, which had continued through the previous period, and a decrease in completion revenue from the large-project business due to extensions to construction periods for commercial facilities and other factors resulting from the impact of COVID-19.」
Demand for Olympics-related facilities declined from the previous fiscal year, contributing to lower completed construction revenue in the large-project business. - FY2020-Q3Major Tokyo Olympics- and Paralympics-related projects reached a lullAnnual report
「Revenue was ¥50,314 million, down ¥698 million (1.4%) from the same quarter of the previous year, as sales of products for detached houses fell below the previous year due to the winding down of large projects related to the Tokyo Olympic and Paralympic Games from April onward and the postponement of renovation projects as a result of COVID-19 infection-control measures.」
It was explained that major Tokyo Olympics- and Paralympics-related projects were completed steadily through the second quarter, after which activity reached a lull from April onward. - FY2020-Q2RestatedAnnual report
「The main factors included steady progress on construction of facilities for the Tokyo Olympics and Paralympics and large-scale redevelopment facilities in the Tokyo metropolitan area.」
Construction of facilities for the Tokyo Olympics and Paralympics and large-scale redevelopment facilities in the Tokyo metropolitan area continued to progress steadily. - FY2020-Q1First statedAnnual report
「The main factors included steady progress on construction of facilities for the Tokyo Olympics and Paralympics and large-scale redevelopment facilities.」
For the first time, progress on construction of facilities for the Tokyo Olympics and Paralympics and large-scale redevelopment facilities was cited as a factor behind higher revenue from tile construction in the large-project business.