Dependence on raised-floor applications for condominiums
First written in FY2016. 19 of 23 entries say "Restated". Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022RestatedAnnual report
「The Group's products are affected by new construction starts for multi-unit housing and condominiums through their flooring materials, while the new “Kabe Musha” product is also affected by new construction starts for detached houses.」
The Group's continued dependence on the housing market is indicated, with “Kabe Musha” also affected by detached-house construction starts in addition to flooring materials for condominiums and other multi-unit housing. - FY2022-Q2RestatedAnnual report
「The Group is further promoting sales of its core PB for condominium flooring,」
The company continues to be structured around particleboard for condominium flooring, with no material change disclosed in its dependence on condominium and multi-unit housing applications. - FY2021ReframedAnnual report
「The Group's products are affected by new construction starts for multi-unit housing and condominiums through their flooring materials, while the new “Kabe Musha” product is also affected by new construction starts for detached houses.」
In addition to the traditional dependence on raised-floor applications for condominiums, “Kabe Musha” is affected by detached-house construction starts, extending the stated dependence on housing construction to the product portfolio as a whole. - FY2021-Q3RestatedAnnual report
「Against this business backdrop, the Group aims to make the long structural panel PB product “Kabe Musha” a second core business alongside its manufacturing and sales centered on PB for condominium flooring, its core product,」
The company continues to be structured around particleboard for condominium flooring. At the same time, its strategy of expanding applications to make “Kabe Musha” a second core business is also reiterated. - FY2021-Q2RestatedAnnual report
「The Group aims to make the long structural panel PB product “Kabe Musha” a second core business alongside its manufacturing and sales centered on PB for condominium flooring, its core product,」
The company continues to be structured around particleboard for condominium flooring, with its business development premised on dependence on that application. - FY2020MitigatedAnnual report
「To reduce the proportion of its business affected by new housing starts, the Group is focusing on expanding sales of products for non-residential applications, as well as its waste treatment and general freight transportation businesses, in an effort to diversify its risks.」
In response to its dependence on flooring materials for condominiums and other multi-unit housing, the company has stated a policy of diversifying its risks by expanding into products for non-residential applications, waste treatment and general freight transportation. - FY2020-Q3RestatedAnnual report
「Because the Group's products are centered on flooring materials for multi-unit housing, they are significantly affected by increases and decreases in condominium construction among new housing starts. If conditions arise in which new housing starts decline substantially, the Group's operating performance and financial position may be affected.」
The product mix remains centered on flooring materials for multi-unit housing, with continued risk from dependence on condominium construction. - FY2020-Q2RestatedAnnual report
「Because the Group's products are centered on flooring materials for multi-unit housing, they are significantly affected by increases and decreases in condominium construction among new housing starts. If conditions arise in which new housing starts decline substantially, the Group's operating performance and financial position may be affected.」
The product mix remains centered on flooring materials for multi-unit housing, with continued risk from dependence on condominium construction. - FY2020-Q1RestatedAnnual report
「Sales of the company's core particleboard flooring products for condominiums remained firm, but」
The company's core product remains particleboard flooring for condominiums, with no significant change indicated in its dependence on applications for multi-unit housing and condominiums. - FY2019RestatedAnnual report
「Because the Group's products are centered on flooring materials for multi-unit housing, they are significantly affected by increases and decreases in condominium construction among new housing starts.」
Although the company disclosed that it had begun manufacturing structural and floor-base products at the Sakura Plant, its product mix remains centered on flooring materials for multi-unit housing, and its continued dependence on condominium construction was indicated. - FY2019-Q3RestatedAnnual report
「Because the Group's products are centered on flooring materials for multi-unit housing, they are significantly affected by increases and decreases in condominium construction among new housing starts. If conditions arise in which new housing starts decline substantially, the Group's operating performance and financial position may be affected.」
The product mix remains centered on flooring materials for multi-unit housing, with continued risk from dependence on condominium construction trends. - FY2019-Q2RestatedAnnual report
「Because the Group's products are centered on flooring materials for multi-unit housing, they are significantly affected by increases and decreases in condominium construction among new housing starts. If conditions arise in which new housing starts decline substantially, the Group's operating performance and financial position may be affected.」
The product mix remains centered on flooring materials for multi-unit housing, with continued dependence on condominium construction trends identified as a risk. - FY2019-Q1RestatedAnnual report
「Sales of particleboard, the company's core product and primarily used for condominium flooring, were affected by delays in production at the Sakura Plant and other factors, resulting in net sales of ¥1,221.167 million, down 16.7% year on year.」
The company's core product continues to be particleboard primarily used for condominium flooring, with no change in its application-dependent business structure disclosed. - FY2019-Q1RestatedAnnual report
「Sales of particleboard, the company's core product and primarily used for condominium flooring, were affected by delays in production at the Sakura Plant and other factors, resulting in net sales of ¥1,221.167 million, down 16.7% year on year.」
The company's core product continues to be particleboard primarily used for condominium flooring, with no change in its dependence on product applications disclosed. - FY2018RestatedAnnual report
「Because the Group's products are centered on flooring materials for multi-unit housing, they are significantly affected by increases and decreases in condominium construction among new housing starts.」
The product mix remains centered on flooring materials for multi-unit housing, with continued dependence on condominium construction trends. - FY2018-Q3MitigatedAnnual report
「At this plant, the Shinkiba Recycling Plant can efficiently manufacture structural particleboard and other products that are difficult to produce efficiently at existing facilities, enabling entry into the imported South Sea hardwood plywood market for structural and floor-base applications, which is experiencing tight supply due to the impact of environmental regulations and other factors in Malaysia.」
The start of production at the Sakura Plant indicated the potential to efficiently manufacture structural and floor-base products other than condominium raised-floor products and enter the imported plywood market. JIS certification and shipments have not yet been completed. - FY2018-Q2RestatedAnnual report
「Sales of particleboard, centered on condominium flooring products, increased,」
The company continues to rely primarily on particleboard for condominium flooring. Sales increased, but no change in its dependence on raised-access-floor applications was disclosed. - FY2018-Q1RestatedAnnual report
「Sales of particleboard, centered on the company's core condominium flooring products, remained firm,」
The company's core product continues to be particleboard primarily used for condominium flooring, with no change in its dependence on applications for raised-access floors. - FY2017RestatedAnnual report
「Our Group's flagship product, particleboard, is used primarily as a substrate material for raised floors and is therefore significantly affected by the adoption of raised-floor systems in condominiums among new housing projects.」
The structure of the flagship product's dependence on raised-floor applications in condominiums, and the impact on operating results from adoption trends, continue to be identified as risks. - FY2017-Q3RestatedAnnual report
「Sales of particleboard, used primarily for condominium flooring, remained firm for both unfinished boards and processed products, with revenue totaling ¥4,023,765 thousand, up 2.4% year on year.」
The flagship product continues to be particleboard used primarily for condominium flooring, with no change in the structure of its dependence on product applications. - FY2017-Q2RestatedAnnual report
「Although sales of particleboard, used primarily for condominium flooring, have declined slightly,」
The continued focus of the flagship product on condominium flooring is indicated, with no material change described in its dependence on raised-floor applications. - FY2017-Q1RestatedAnnual report
「Although sales of particleboard, used primarily for condominium flooring, have declined slightly,」
The continued focus on condominium flooring in the flagship product mix is described, with no material change indicated in the risk of dependence on raised-floor applications. - FY2016First statedAnnual report
「Our Group's flagship product, particleboard, is used primarily as a substrate material for raised floors and is therefore significantly affected by the adoption of raised-floor systems in condominiums among new housing projects. If circumstances arise in which the use of raised-floor systems declines substantially, this could affect our Group's operating results and financial position.」
The dependence of the flagship product's applications on raised-floor systems in condominiums is explicitly identified as a risk that could affect operating results and financial position.