Strengthening Orders for Renewal Projects and Renovation Work for Government Facilities
First written in FY2016-Q3. 10 of 30 entries say "Restated". Latest entry: 2026-07-31.
The whole theme swung hardest in 2025: 2 of 19 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- 2026-07-31RestatedEarnings
「Although revenue from air-conditioning work for public-facility renovation projects increased,」
The increase in air-conditioning work related to public-facility renovation projects continued to be confirmed. - FY2026-H1AdvancedAnnual report
「The main factors were an increase in revenue from air-conditioning work as the number of renovation projects at public facilities increased, partly offset by a decrease in revenue from residential equipment work for multi-unit housing due to insufficient orders, among other factors.」
Revenue from air-conditioning work increased as renovation projects at public facilities increased, indicating progress in addressing public-sector renovation work. - FY2025AdvancedAnnual report
「In air-conditioning equipment contracting, revenue exceeded the previous year. The main reason was an increase in air-conditioning replacement work at public-sector facilities.」
Air-conditioning replacement work at public-sector facilities increased, indicating progress in addressing renovation work for government agencies and other public-sector facilities. - FY2025-H1Delays in private-sector renovations and public-sector constructionAnnual report
「In air-conditioning and sanitary equipment contracting, revenue remained below the previous year. The main reason was that progress on private-sector renovation work and construction work on public-sector projects was slower than scheduled.」
The company explained that progress on private-sector renovation work and construction work on public-sector projects, for which recovery and progress had previously been indicated, was slower than scheduled. - FY2024AdvancedAnnual report
「In air-conditioning equipment contracting, revenue exceeded the previous year. The main reason was an increase in air-conditioning replacement work at public-sector facilities.」
Air-conditioning replacement work at public-sector facilities increased, indicating progress in addressing renovation work for government agencies and other public-sector facilities. - FY2024-Q2RestatedAnnual report
「In air-conditioning and sanitary equipment contracting, revenue exceeded the previous year. The main reasons were the resumption of private-sector renovation work after the COVID-19 pandemic and steady progress in construction work on public-sector projects.」
The company explained that the resumption of private-sector renovation work after the COVID-19 pandemic and the steady progress of construction work on public-sector projects were continuing. - FY2024-Q1Resumption of private-sector renovations, steady progress in public-sector constructionAnnual report
「In air-conditioning and sanitary equipment contracting, revenue exceeded the previous year. The main reasons were the resumption of private-sector renovation work after the COVID-19 pandemic and steady progress in construction work on public-sector projects.」
Private-sector renovation work resumed, while construction work on public-sector projects also progressed steadily. Both areas showed progress, replacing the previous divergence of declining public-sector orders and increasing private-sector renovation work. - FY2023-Q3Increase in private-sector renovations, continued decrease in orders for public-sector projectsAnnual report
「In air-conditioning and sanitary equipment contracting, revenue fell below the previous year. The main reason was that, although private-sector renovation work increased from the second half onward, the volume of orders for public-sector projects had declined in the second half of the previous fiscal year due to intensified bidding competition and other factors.」
While private-sector renovation work increased, the continued decline in orders for public-sector projects weighed on revenue from air-conditioning and sanitary equipment contracting. - FY2023-Q1Decrease in orders for public-sector projectsAnnual report
「In air-conditioning and sanitary equipment contracting, revenue fell significantly below the previous year. The main reason was a decrease in the volume of orders for public-sector projects in the second half of the previous fiscal year, due to intensified bidding competition and other factors.」
The volume of orders for public-sector projects declined because of intensified bidding competition and other factors, causing revenue from air-conditioning and sanitary equipment contracting to fall significantly below the previous year. - FY2022AdvancedAnnual report
「To expand performance, the company will continue to focus on sashes, siding, wood-based building materials, air-conditioning equipment work and its buy-and-resell business. It will further enhance the air-conditioning equipment department launched the previous year and strengthen sales efforts targeting renovation projects for medium-sized buildings.」
The company further enhanced the specialized air-conditioning equipment department launched the previous year and advanced measures to strengthen sales targeting renovation projects for medium-sized buildings. - FY2022-Q3Increase in private-sector equipment renovations, decrease in orders for public-sector projectsAnnual report
「In air-conditioning and sanitary equipment contracting, revenue fell below the previous year. The main reason was that, although private-sector equipment renovation work increased, orders for public-sector projects declined from the autumn of the previous year onward.」
While private-sector equipment renovation work increased, orders for public-sector projects declined from the autumn of the previous year onward, resulting in divergent trends by market segment. - FY2022-Q2Increase in private-sector equipment renovations, decrease in public worksAnnual report
「In air-conditioning and sanitary equipment contracting, revenue remained at the previous year's level. The main factors were a year-on-year decrease in revenue from completed public works, offset by an increase in private-sector equipment renovation work.」
While revenue from completed public works-related projects fell below the previous year, private-sector equipment renovation work increased, resulting in divergent trends by market segment. - FY2021AdvancedAnnual report
「As part of this initiative, the company established a department specializing in air-conditioning equipment and will strengthen sales efforts targeting renovation projects for medium-sized buildings.」
The company established a specialized department for air-conditioning equipment work and specified measures to strengthen sales targeting renovation projects for medium-sized buildings. - FY2021-Q3RestatedAnnual report
「In air-conditioning and sanitary equipment contracting, revenue fell below the previous year. The main reason was that, despite postponements and other effects on private-sector renovation work due to the COVID-19 pandemic, construction-progress revenue from government-agency projects ordered in the previous fiscal year progressed steadily.」
While postponements of private-sector renovation work continued, construction-progress revenue from government-agency projects was described as progressing steadily. - FY2021-Q1Postponement of private-sector renovation workAnnual report
「In air-conditioning and sanitary equipment contracting, revenue fell below the previous year. The main reason was that, although construction work on government-agency projects remained at the previous year's level, private-sector renovation work was postponed or otherwise affected by the COVID-19 pandemic.」
While construction work on government-agency projects remained at the previous year's level, private-sector renovation work was postponed or otherwise affected by the COVID-19 pandemic. - FY2020-Q3AdvancedAnnual report
「In residential-equipment sales and construction, revenue exceeded the previous year. The main factors were steady performance in unit-bathroom construction for multi-unit housing and an increase in renewal projects for individually owned condominium units newly undertaken in the Tokyo metropolitan area.」
Renovation work on newly targeted condominium units in the Tokyo metropolitan area increased, indicating concrete progress in the existing initiative to strengthen renovation work. - FY2020-Q2AdvancedAnnual report
「In residential-equipment sales and construction, revenue exceeded the previous year. The main factors were increased deliveries of materials for renewal projects and remodeling products, as well as the concentration during the interim period of deliveries for unit-bathroom construction for large condominium developments ordered by specific existing customers in the Tokyo metropolitan area.」
Deliveries of renovation work and remodeling materials increased, indicating concrete progress in the existing policy of strengthening order intake. Construction work on government-agency projects was also described as remaining strong. - FY2020-Q1AdvancedAnnual report
「In residential-equipment sales and construction, revenue exceeded the previous year. The main factors were increased deliveries of materials for renewal projects and remodeling products, as well as an increase in orders from specific existing customers in the Tokyo metropolitan area for unit-bathroom construction for large condominium developments.」
Deliveries of renovation work and remodeling materials increased, indicating concrete progress in the existing policy of strengthening order intake. - FY2019RestatedAnnual report
「In air-conditioning and sanitary equipment contracting, revenue exceeded the previous year. This was mainly attributable to continued strong orders for large projects from government agencies and steady progress on ongoing projects.」
The company reconfirmed, for the full fiscal year, the strength of large orders from government agencies and the steady progress of ongoing projects. - FY2019-Q3RestatedAnnual report
「In air-conditioning and sanitary equipment contracting, large orders from government agencies continued to be strong, while ongoing projects also progressed steadily.」
The company reconfirmed the steady performance of large orders from government agencies and the steady progress of ongoing projects. - FY2019-Q2RestatedAnnual report
「In air-conditioning and sanitary equipment contracting, large orders from government agencies continued to be strong, while ongoing projects also progressed steadily.」
The company reconfirmed the steady performance of large orders from government agencies and the steady progress of ongoing projects. - FY2019-Q1AdvancedAnnual report
「In residential-equipment construction, construction projects for large condominium developments and hotels progressed steadily, while orders for renewal projects increased.」
An increase in orders for renovation work was confirmed, indicating concrete progress in the existing policy of strengthening order intake. - FY2018RestatedAnnual report
「In the large-project business, the company maintained its profitability-focused order-acceptance structure and, amid expectations for growth in the residential housing-stock market, strengthened its initiatives in renovation projects involving air-conditioning systems, residential equipment and interiors, as well as renewal projects involving exterior walls and flooring.」
The company reconfirmed its strengthened focus on renovation work for exterior walls, flooring and other areas as a response to the housing stock market. - FY2018-Q3RestatedAnnual report
「Meanwhile, in air-conditioning and sanitary equipment contracting, progress on public works and other projects ordered before the previous fiscal year was slower than expected, resulting in a decrease in revenue from completed projects accounted for under the percentage-of-completion method.」
The delay in progress on public works and other projects and the decrease in revenue from completed projects continued from the prior quarter. - FY2018-Q2SoftenedAnnual report
「Meanwhile, in air-conditioning and sanitary equipment contracting, progress on public works and other projects ordered before the previous fiscal year was slower than expected, resulting in a decrease in revenue from completed construction for projects accounted for under the percentage-of-completion method.」
The explanation of public works and other projects changed from steady progress through the prior quarter to slower-than-expected progress and a decrease in revenue from completed construction. - FY2018-Q1RestatedAnnual report
「In air-conditioning and sanitary equipment contracting, public works ordered before the previous fiscal year progressed steadily.」
The company noted steady progress in public works, indicating continued efforts to address projects for government agencies and other public-sector clients. - FY2017RestatedAnnual report
「In residential equipment contracting, orders for air-conditioning equipment work for government agencies progressed steadily, and construction proceeded as planned. In renovation work, strong order intake was maintained through comprehensive proposals covering both equipment and construction.」
Orders for air-conditioning equipment work for government agencies progressed steadily, while strong order intake for renovation work was maintained through comprehensive proposals. - FY2017-Q3Renovation work recovered to steady progressAnnual report
「In air-conditioning and sanitary equipment contracting, renovation work for government agencies and in the private non-residential sector progressed steadily, while profitability improved significantly through rigorous cost control and other measures.」
The explanation changed from performance at the previous year's level in the prior quarter to steady progress in renovation work for government agencies and in the private non-residential sector. A significant improvement in profitability through cost control and other measures was also noted. - FY2017-Q2SoftenedAnnual report
「In air-conditioning and sanitary equipment contracting, renovation work for government agencies and in the private non-residential sector remained at the previous year's level, while profitability improved significantly through rigorous cost control.」
The explanation of renovation work for government agencies and in the private non-residential sector changed from increased demand and steady progress to performance at the previous year's level. Meanwhile, profit improvement through cost control was indicated. - FY2016-Q3First statedAnnual report
「Air-conditioning equipment construction progressed steadily as orders for renewal projects were strengthened and demand for renovation projects for government agencies increased.」
In air-conditioning equipment contracting, the company noted efforts to strengthen orders for renovation work and address demand for renovation projects from government agencies.