Order delays associated with the reorganization of the sales companies
First written in FY2017-Q3. 5 of 6 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026.
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- FY2026MaterialisedAnnual report
「Partly due to the prolonged review period for building confirmation applications, orders and contracts were insufficient in the first half of the current fiscal year, resulting in ¥10,547 million, down 4.0% from the previous fiscal year」
The prolonged review period for building confirmation applications materialized as delays in sales recognition and in working down the order backlog, affecting full-year results. - 2026-04-30WorsenedRevision of earnings forecasts
「The effects of prolonged approval periods for building confirmation applications following amendments to the Building Standards Act and other regulations, which had been assumed in the previous earnings forecast, lasted even longer than expected as of 14 October 2025 due in part to the distinctive nature of our mainstay log-home products and the wide geographic distribution of construction sites. This affected construction progress, including the start of construction and delivery of materials, delaying revenue recognition.」
Approval periods for building confirmation applications became longer than previously anticipated, worsening delays in construction progress, including the start of construction and delivery of materials, and in revenue recognition. - FY2026-H1MaterialisedAnnual report
「Due in part to the prolonged approval process for building confirmation applications, the backlog of contracts and orders at the end of the previous fiscal year was not being worked down as expected」
The prolonged approval process for building confirmation applications has resulted in actual delays in construction and in working down the order backlog. - FY2022-Q1MaterialisedAnnual report
「At the same time, the impact of the wood shock is beginning to emerge, including higher procurement costs and delays in material deliveries and project completions, and the situation remains unpredictable.」
Delays in timber procurement and completion began to emerge as new factors delaying construction progress and sales recognition after orders were received. - FY2021MaterialisedAnnual report
「Regarding construction progress, sales recognition may be delayed in cases involving delays in materials procurement, public procedures, meetings with customers and other processes.」
The company described how delays in infectious disease responses, materials procurement, public procedures and customer meetings were leading to delays in construction progress and sales recognition. - FY2017-Q3MaterialisedAnnual report
「Segment contract orders were ¥4,170 million, down 8.6% from the year-earlier period, as restructuring of the dealer network following changes in the operating dealers of certain locations delayed contracts and orders.」
Restructuring of the dealer network following changes in operating dealers caused delays in orders in the dealer division, resulting in an 8.6% year-on-year decline in orders.