Impact on business performance from the contraction of public works and intensifying competition
First written in FY2016. 3 of 10 entries say "Restated". Latest entry: FY2026.
Maeda Kosen moved to the "Worse" side of this theme in 2026, 8 years after the typical company in this theme (2018).
The whole theme swung hardest in 2024: 7 of 30 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Social Infrastructure Business accounts for approximately 70% of the Group’s revenue, and its main sources of product demand are general contractors and others that carry out public works.」
The Social Infrastructure Business’s share of revenue has been updated from approximately 60% to approximately 70%, indicating a high level of dependence on public works. Countermeasures include expanding the product lineup, offering bundled proposals and strengthening sales capabilities for private-sector demand. - FY2025Update to Approximately 60% Dependence on Public WorksAnnual report
「The Social Infrastructure Business accounts for approximately 60% of the Group’s revenue, and its main sources of product demand are general contractors and others that carry out public works.」
The Social Infrastructure Business is stated to account for approximately 60% of revenue, and the risks to performance from dependence on public works and reductions in government policy support and budgets remain. - FY2021Lower Dependence on Public Works and Ongoing RisksAnnual report
「The Social Infrastructure Business accounts for approximately 64% of the Group’s revenue, and demand for its products comes from general contractors and others that carry out public works. Public works have been declining, while competition among industry participants has become increasingly intense as measures to reduce the costs of new projects have been promoted.」
The Social Infrastructure Business’s share of revenue declined from approximately 67% in the previous fiscal year to approximately 64%, but the risks to performance from dependence on public works, contraction in public works and intensifying competition remain. - FY2020WorsenedAnnual report
「The Social Infrastructure Business accounts for approximately 67% of the Group’s revenue, and demand for its products comes from general contractors and others that carry out public works. Public works have been declining, while competition among industry participants has become increasingly intense as measures to reduce the costs of new projects have been promoted.」
The Social Infrastructure Business is stated to account for approximately 67% of revenue, indicating that dependence on public works has risen from approximately 61% previously. The risk of an impact on performance from contraction in public works and intensifying competition remains. - FY2019Lower Dependence on Public Works and Ongoing RisksAnnual report
「The Social Infrastructure Business accounts for approximately 61% of the Group’s revenue, and demand for its products comes from general contractors and others that carry out public works. Public works have been declining, while competition among industry participants has become increasingly intense as measures to reduce public-works costs have been promoted. In this business environment, any further contraction in public works or deterioration in customers’ performance could affect the Group’s results.」
The Social Infrastructure Business’s share of revenue declined from approximately 66% to approximately 61%, but its dependence on public works and the risk of an impact on performance from contraction and intensifying competition remain. - FY2017RestatedAnnual report
「The Social Infrastructure Business accounts for approximately 66% of the Group’s revenue, and demand for its products comes from general contractors and others that carry out public works. Public works have been declining, while competition among industry participants has become increasingly intense as measures to reduce public-works costs have been promoted.」
The Group has reconfirmed the risk that its dependence on public works in the Social Infrastructure Business, which accounts for approximately 66% of revenue, could affect performance as public works contract and competition intensifies. - FY2017-Q3RestatedAnnual report
「In Japan's public works business, although progress on some projects was delayed, the company's disaster recovery-related products and forest conservation products performed well, while sales of embankment reinforcement materials and drainage materials increased. Together with the effects of cost reductions through operational efficiency, this resulted in sales and profit both exceeding the year-earlier period.」
Although delays in some public-works projects continued, the business as a whole recorded higher revenue and profit because of strong performance by multiple products and improved operating efficiency. - FY2017-Q2RestatedAnnual report
「In Japan's public works business, progress on orders in the structural maintenance and repair and landscaping materials fields was delayed, but sales of disaster recovery-related products, slope disaster prevention products and forest conservation products remained steady. As a result of cost reductions through operational efficiency, sales and profit both exceeded the year-earlier period.」
Although delays in some public-works projects continued, the business as a whole recorded higher revenue and profit because of disaster-recovery, disaster-prevention and forest-conservation products and improved operating efficiency. - FY2017-Q1MaterialisedAnnual report
「In Japan’s public-works business, sales of structural maintenance and repair materials and landscaping materials remained sluggish because of delays in the progress of awarded projects. However, sales of disaster-recovery-related products and slope-disaster-prevention products remained firm, and the Social Infrastructure Business recorded increases in both revenue and profit year on year as a result of cost reductions through improved operating efficiency.」
Although delays in the progress of awarded projects in public-works-related fields had an actual adverse effect on sales, the business as a whole recorded higher revenue and profit because of other products and efficiency improvements. - FY2016First statedAnnual report
「The Social Infrastructure Business accounts for approximately 66% of the Group’s revenue, and demand for its products comes from general contractors and others that carry out public works. Public works have been declining, while competition among industry participants has become increasingly intense as measures to reduce public-works costs have been promoted.」
The Social Infrastructure Business, which accounts for approximately 66% of revenue, depends on public works, indicating that a contraction in public works or deterioration in customers’ performance could affect results.