Decline in new construction of electrical-material-related projects in regional areas
First written in FY2017-Q1. 10 of 28 entries say "Worsened", first in FY2017-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Higher revenue and earnings driven by increased orders for large-scale and small-lot projectsAnnual report
「Revenue remained firm this fiscal year as orders increased for both large-scale projects and small-lot sales.」
Although the environment for electrical-material-related projects remained challenging, increased orders for large-scale projects and small-lot sales lifted revenue and profit in the wire and cable business above the previous year’s levels. - FY2026-H1Revenue Up but Segment Profit DownAnnual report
「In this segment, we continued to strengthen our sales organization through the development of new customers and expansion of small-lot sales. As a result, segment revenue was ¥974 million, up 9.7% year on year, while segment profit was ¥6 million, down 45.8% year on year.」
Amid a challenging environment surrounding electrical-material-related projects in regional areas and price competition, revenue increased through the development of new customers and other measures, while segment profit declined. - FY2025-H1Improvement in revenue and profit in the wire and cable businessAnnual report
「As a result, segment revenue was ¥888 million, up 20.2% year on year, and segment profit was ¥12 million, up 93.3% year on year.」
Although declining new construction of electrical-material-related projects and price competition continued, revenue and segment profit in the wire and cable business exceeded the previous year’s levels. - FY2024WorsenedAnnual report
「In this area, large-scale new construction projects remain sluggish, while procurement prices for electrical wires and electrical materials remain elevated due to soaring material costs. Against this backdrop, price competition is becoming increasingly severe.」
Weakness in new construction of electrical-material-related projects continued, accompanied by elevated material prices and intensifying price competition. - FY2024-Q3RestatedAnnual report
「In this segment, in response to the declining trend in new construction of projects contributing to the electrical materials industry in regional areas, we strengthened sales efforts by developing new customers and expanding small-lot sales. However, the business environment became extremely challenging as sales activities were constrained by shortages of wire supplied by wire manufacturers, in addition to persistently high procurement prices for electrical materials.」
The declining trend in new construction of electrical-material-related projects in regional areas and the challenging business environment continue. - FY2024-Q2WorsenedAnnual report
「Price competition among industry peers to expand market share continues despite the rise in procurement prices for electrical materials, resulting in a decline in the number of orders compared with the same period of the previous year.」
Against a backdrop of declining new construction of electrical-material-related projects in regional areas, price competition continued and the decline in orders received persisted. - FY2024-Q1WorsenedAnnual report
「Despite the increase in wire procurement prices, price competition among industry peers to expand market share continued, resulting in a decline in the number of orders received compared with the same period of the previous year.」
Against a backdrop of declining new construction of electrical-material-related projects in regional areas, price competition continued and the number of orders received fell below the previous year’s level. - FY2023-Q1Revenue improvement driven by orders for large-scale projectsAnnual report
「In this segment, in response to the declining trend in new construction of projects contributing to the electrical materials industry in regional areas, we strengthened our sales efforts by developing new customers and expanding small-lot sales. We secured orders for large-scale projects from new customers, which improved revenue.」
While new construction of electrical-material-related projects in regional areas continued to decline, orders for large-scale projects from new customers improved revenue. - FY2022-Q1RestatedAnnual report
「In the wire and cable business, we continued to focus our sales activities on the Shikoku area, but new construction of commercial and other facilities contributing to the electrical materials industry remained sluggish, while severe price competition with rival companies continued.」
The prolonged slump in new commercial facilities and other properties and severe price competition with competitors continue. - FY2021MitigatedAnnual report
「In this segment, although new construction of projects contributing to the electrical materials industry in regional areas is on a declining trend, we secured orders for large-scale projects, improving both revenue and earnings.」
While new construction of electrical-material-related projects in regional areas continued to decline, revenue and profit in the wire and cable business improved due to orders for large-scale projects. - FY2021-Q3MaterialisedAnnual report
「In addition, construction delays caused by the spread of COVID-19 led to a decline in the number of orders received, and the number of construction projects is expected to decrease going forward.」
Construction delays and a decline in orders received due to the pandemic have occurred, and a further decline in construction projects is expected. - FY2021-Q2WorsenedAnnual report
「In addition, construction delays caused by the spread of COVID-19 led to a decline in the number of orders received, and the number of construction projects is expected to decrease going forward.」
In addition to the previous weakness in new construction and price competition, construction delays and a decline in orders received occurred due to the pandemic, and a further decline in construction projects is expected. - FY2021-Q1WorsenedAnnual report
「In the wire and cable business, we continued to focus our sales activities on the Shikoku area, but new construction of commercial and other facilities contributing to the electrical materials industry remained sluggish, while severe price competition with rival companies continued. In addition, construction delays caused by the spread of COVID-19 led to a decline in the number of orders received, and the number of construction projects is expected to decrease going forward.」
In addition to weak new construction of commercial and other facilities and price competition, construction delays and a decline in orders received occurred due to COVID-19, and a further decline in construction projects is expected. - FY2020WorsenedAnnual report
「New construction of commercial and other facilities contributing to the electrical materials industry remains sluggish, while severe price competition with rival companies continues.」
Weakness in new construction of electrical-material-related projects, including in regional areas, and intense price competition continue. - FY2020-Q3RestatedAnnual report
「In the wire and cable business, with new construction of projects contributing to the electrical materials industry in regional areas severely depressed, we are actively pursuing sales initiatives to expand future sales channels amid soaring material prices and intense price competition.」
The company continues to describe a situation in which new construction of electrical-material-related projects in regional areas is severely depressed, while soaring material prices and intense price competition persist. - FY2020-Q2RestatedAnnual report
「With new construction of projects contributing to the electrical materials industry in regional areas severely depressed, we are actively pursuing sales initiatives to expand future sales channels amid soaring material prices and intense price competition.」
New construction of electrical-material-related projects in regional areas is severely depressed, while soaring material prices and intense price competition continue. - FY2020-Q1RestatedAnnual report
「With new construction of projects contributing to the electrical materials industry in regional areas severely depressed, we are actively pursuing sales initiatives to expand future sales channels amid soaring material prices and intense price competition.」
New construction of electrical-material-related projects in regional areas is severely depressed, while soaring material prices and intense price competition continue. - FY2019WorsenedAnnual report
「New construction of commercial and other facilities contributing to the electrical materials industry remains sluggish, while severe price competition with rival companies continues.」
Amid continued weakness in new construction of electrical-material-related projects, including in regional areas, and price competition, segment profit in the wire and cable business was ¥5 million, down 69.4% year on year. - FY2019-Q3RestatedAnnual report
「In the wire and cable business, although new construction of projects contributing to the electrical materials industry in regional areas is recovering moderately, intense price competition continues.」
While new construction of electrical-material-related projects in regional areas is recovering moderately, intense price competition continues. - FY2019-Q2MitigatedAnnual report
「In this segment, although new construction of projects contributing to the electrical materials industry in regional areas is recovering moderately, intense price competition continues.」
The company explains that new construction of electrical-material-related projects in regional areas has shifted from the weakness and severe weakness seen through the previous period to a moderate recovery. Meanwhile, intense price competition continues. - FY2019-Q1WorsenedAnnual report
「New construction of projects contributing to the electrical materials industry in regional areas is severely depressed amid soaring material prices and intense price competition.」
The description has strengthened from the previous period’s reference to a declining trend in electrical-material-related projects in regional areas to stating that new construction is severely depressed this quarter. Soaring material prices and intense price competition are also cited. - FY2018WorsenedAnnual report
「In addition to the declining trend in new construction of projects contributing to the electrical materials industry in regional areas, intense price competition with rival companies continues.」
The explanation has shifted back from the previous quarter’s description of a “moderate recovery” to one stating that electrical-material-related projects in regional areas are declining. - FY2018-Q3MitigatedAnnual report
「Although new construction of projects contributing to the electrical materials industry in regional areas is showing a moderate recovery,」
The company explains that new construction of electrical-material-related projects in regional areas continues to recover moderately from its previous weakness. However, elevated material prices and price competition continue. - FY2018-Q1MitigatedAnnual report
「Although new construction of projects contributing to the electrical materials industry in regional areas is showing a moderate recovery,」
The company explains that new construction of electrical-material-related projects in regional areas has shifted from weakness to a moderate recovery. However, price competition and elevated material prices continue. - FY2017RestatedAnnual report
「New construction of commercial and other facilities contributing to the electrical materials industry remains sluggish.」
The company explains that continued weakness in new construction of electrical-material-related projects, including in regional areas, is making the environment for the wire and cable business challenging. - FY2017-Q3WorsenedAnnual report
「As new construction of projects contributing to the electrical materials industry in regional areas remains sluggish, there are still no signs of improvement in the operating environment.」
The company explains that continued weakness in new construction of electrical-material-related projects in regional areas means there are no signs of improvement in the operating environment. - FY2017-Q2RestatedAnnual report
「In the wire and cable business, as new construction of projects contributing to the electrical materials industry in regional areas remained sluggish and the operating environment challenging, we worked to improve profitability at each location through proactive proposals to major electrical subcontractors and a review of the sales mix.」
Continued weakness in new construction of electrical-material-related projects in regional areas is described as creating a challenging operating environment. - FY2017-Q1First statedAnnual report
「The operating environment remains challenging, as new construction of projects contributing to the electrical materials industry in regional areas is on a declining trend.」
The declining trend in new construction of projects related to the regional electrical materials industry is making the operating environment for the wire and cable business challenging.