Developing the Structure to Strengthen Sales in the Renovation Market
First written in FY2019-Q2. 11 of 16 entries say "Advanced", first in FY2019. Latest entry: FY2025-H1.
The whole theme swung hardest in 2020: 3 of 15 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2025-H1Decline in renovation work for individually owned condominium unitsAnnual report
「Revenue from housing equipment sales and construction remained below the previous year. The main reasons were a decline in sales of sanitary equipment products and a decrease in renovation work for individually owned condominium units, despite an increase in unit-bath construction for apartment buildings.」
While initiatives in the renovation and renewal markets continued, renovation work for individually owned condominium units declined. - 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 resumption of private-sector renovation work and steady progress on public-sector projects continued, reconfirming the company's initiatives in the renovation and renewal markets. - FY2024-Q1AdvancedAnnual 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 resumption of private-sector renovation work after the COVID-19 pandemic showed that the company's initiatives in the renovation and renewal markets were reflected in its business results. - FY2023-Q3AdvancedAnnual report
「In residential-equipment sales and construction, revenue remained above the previous year. The main factor was the increase in condominium remodeling projects and equipment construction for nonresidential properties.」
The increase in condominium renovation work and equipment construction for non-residential properties confirmed that measures to strengthen sales in the renovation and non-residential markets were translating into results. - FY2022-Q3AdvancedAnnual report
「In residential-equipment sales and construction, revenue remained above the previous year. The main factors were the addition of the マニックス contribution and increases in condominium remodeling projects and equipment construction for nonresidential properties.」
The increase in condominium renovation work and equipment construction for non-residential properties represented progress in measures to expand sales channels in the renovation and non-residential markets. - FY2022-Q2AdvancedAnnual report
「In residential-equipment sales and construction, revenue remained above the previous year. The main factors were the addition of the マニックス contribution and increases in condominium remodeling projects and construction projects for nonresidential properties.」
The increase in condominium renovation work and non-residential construction demonstrated the results of measures to expand sales channels in the renovation and non-residential markets. - FY2022-Q1AdvancedAnnual report
「Revenue from housing equipment-related sales and construction remained above the previous year. The main reasons were the addition of revenue from マニックス and increased demand for plumbing-related products for renovations.」
Increased demand for plumbing-related products for renovations and the consolidation of マニックス drove higher revenue from housing equipment-related sales and construction. - FY2021AdvancedAnnual report
「Revenue from housing equipment-related sales and construction exceeded the previous year. The main reasons were an increase in sales of sanitary ware and water heaters as renovation demand recovered, as well as an increase in orders from new customers.」
The recovery in renovation demand increased sales of sanitary ware and water heaters and orders from new customers, demonstrating the results of measures to strengthen the renovation market. - FY2021-Q3AdvancedAnnual report
「In housing-equipment-related sales and construction, revenue exceeded the prior-year level. The main reasons were increased remodeling demand as people spent more time at home and higher orders from new builders, despite a delayed recovery in new-home demand from homebuilders and specification removals for certain products.」
Although the recovery in demand for new housing was delayed, increased renovation demand and higher orders from new construction companies were reflected in the results. - FY2021-Q1AdvancedAnnual report
「In sales and construction related to residential equipment, revenue fell below the previous year. The main factors were the removal of the company's products from specifications by house builders and others and a decline in new-build demand, although orders from remodeling companies increased amid stronger remodeling demand due to people spending more time at home.」
Orders from renovation companies increased against a backdrop of stronger renovation demand due to people spending more time at home. - FY2020Sluggish renovation demand and project postponementsAnnual report
「In the second half, renovation demand, which had been moving toward recovery, weakened amid the spread of COVID-19. Delays and postponements of new detached-house projects and a decline in new business relationships due to the suspension of sales activities resulted in revenue of ¥65,338 million, down ¥4,246 million (6.1%) from the previous fiscal year.」
While the company continued its initiatives in the renovation market, the second half saw sluggish renovation demand, delays and postponements of new detached-house projects, and a decline in new business relationships. - FY2020-Q3Postponement of renovation projects due to COVID-19Annual 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.」
While the company continued its initiatives in the renovation market, the postponement of renovation projects due to COVID-19 infection-control measures became a factor behind the decline in sales of products for detached houses. - 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.」
The increase in deliveries of renovation-related products and renewal work showed that the effort to strengthen sales in the renovation market was beginning to translate into results. - 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.」
The increase in deliveries of renovation-related products showed that the effort to strengthen sales in the renovation market was beginning to translate into results. - FY2019AdvancedAnnual report
「To this end, the company will expand its renovation-related products, strengthen its design and construction capabilities for renewal work, and seek to increase orders for non-residential construction projects using products such as precut wood components, siding and tiles.」
Specific measures were presented, ranging from establishing a structure to strengthen sales efforts in the renovation market to expanding renovation-related products, strengthening design and construction capabilities for renewal work, and increasing orders for non-residential construction. - FY2019-Q2First statedAnnual report
「Because the company has a high proportion of revenue from new housing, it also began establishing a structure to strengthen its sales efforts in the renovation market.」
In light of its dependence on revenue from new housing, the company disclosed for the first time that it had begun establishing a structure to strengthen its sales efforts in the renovation market.