Expanding Signage Demand and Intensifying Competition for Orders
First written in FY2016. 14 of 35 entries say "Restated". Latest entry: FY2026.
Kensoh moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 10 of 11 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026Full-year composition of construction-related sales updatedAnnual report
「Product sales (Construction-related) 5,603,854 thousand yen 6,159,451 thousand yen Product sales (Other) 150,545 thousand yen 147,828 thousand yen Materials sales 114,394 thousand yen 104,406 thousand yen Revenue from contracts with customers 5,868,794 thousand yen 6,411,686 thousand yen」
Full-year construction-related product sales increased from ¥5,603 million in the previous fiscal year to ¥6,159 million, while other product sales were ¥147 million. The company continues to depend on construction-related demand. - FY2025Full-year composition of construction-related sales updatedAnnual report
「Product sales (Construction-related) 5,603,854 thousand yen Product sales (Other) 150,545 thousand yen Materials sales 114,394 thousand yen Revenue from contracts with customers 5,868,794 thousand yen」
Full-year construction-related product sales were ¥5,603 million, while other product sales were ¥150 million, indicating continued dependence on construction-related demand. - FY2025-H1Update to the composition of construction-related sales for the interim periodAnnual report
「Product sales (Construction-related) 2,446,916 2,437,811 Product sales (Other) 248,155 77,695 Materials sales 46,990 53,241 Revenue from contracts with customers 2,742,061 2,568,749」
Of product sales for the current interim accounting period, construction-related sales were ¥2,437 million, other sales were ¥77 million, and materials sales were ¥53 million, updating the composition of construction-related sales. - FY2024Full-year composition of construction-related sales updatedAnnual report
「Product sales (Construction-related) 5,406,819 thousand yen Product sales (Other) 378,780 thousand yen Materials sales 102,772 thousand yen Revenue from contracts with customers 5,888,372 thousand yen」
Full-year construction-related product sales were ¥5,406 million, while other product sales were ¥378 million, indicating continued dependence on construction-related demand. The company also referred to mitigating this impact by capturing demand outside the construction industry. - FY2024-Q3Building-related sales composition updatedAnnual report
「Product sales (Construction-related) 3,761,373 3,771,462 Product sales (Other) 396,507 326,154 Materials sales 101,108 72,615 Revenue from contracts with customers 4,258,988 4,170,232」
Of product sales for the cumulative third quarter, construction-related sales were ¥3,771 million, other sales were ¥326 million, and materials sales were ¥72 million, setting a new high for construction-related sales. - FY2024-Q2Building-related sales composition updatedAnnual report
「Product sales (building-related) 2,363,852 2,446,916 Product sales (other) 258,672 248,155 Materials sales 69,122 46,990 Revenue from contracts with customers 2,691,646 2,742,061」
Of product sales for the six months ended the second quarter, building-related sales were ¥2,446 million, other sales were ¥248 million, and materials sales were ¥46 million, updating the scale of building-related sales. - FY2024-Q1WorsenedAnnual report
「Meanwhile, although nationwide urban redevelopment and other activity affecting the Company's operating performance has continued, concerns remain that overseas economic conditions and exchange-rate and price fluctuations will affect domestic companies' willingness to invest in capital equipment, and the situation remains uncertain.」
The disclosure continues to cite concerns that the building demand environment will weigh on companies' willingness to invest in capital equipment. In the revenue recognition disclosure, building-related product sales for the first quarter were reported at ¥1,212,989 thousand. - FY2023Full-year composition of building-related sales updatedAnnual report
「Product sales (building-related) ¥5,349 million Product sales (other) ¥533 million Materials sales ¥137 million Revenue from contracts with customers ¥6,020 million」
Of full-year product sales, building-related sales were ¥5,349 million and other sales were ¥533 million, updating the Company's dependence on building-related demand. - FY2023-Q3Building-related sales composition updatedAnnual report
「Product sales (building-related) 3,362,841 3,761,373 Product sales (other) 271,058 396,507 Materials sales 85,065 101,108 Revenue from contracts with customers 3,718,965 4,258,988」
Of product sales for the nine months ended the third quarter, building-related sales were ¥3,761 million, other sales were ¥396 million, and materials sales were ¥101 million, updating the scale of building-related sales. - FY2023-Q2Building-related sales composition updatedAnnual report
「Product sales (building-related) 2,143,709 2,363,852 Product sales (other) 152,427 258,672 Materials sales 48,888 69,122 Revenue from contracts with customers 2,345,024 2,691,646」
Of product sales for the six months ended the second quarter, building-related sales were ¥2,363 million, other sales were ¥258 million, and materials sales were ¥69 million, updating the scale of building-related sales. - FY2023-Q1WorsenedAnnual report
「In addition, although nationwide urban redevelopment and other activity affecting the Company's operating performance has continued, concerns remain over downside risks to the domestic economy arising from international developments and exchange-rate volatility, while profitability is expected to come under pressure as material prices rise, and the situation remains uncertain.」
While recognising the continuation of nationwide urban redevelopment, the disclosure cites downside risks to the domestic economy and pressure on profitability affecting construction demand. There is no new disclosure concerning competition for orders itself. - FY2022Full-year composition of building-related sales quantifiedAnnual report
「Product sales (building-related) ¥4,883 million Product sales (other) ¥386 million Materials sales ¥131 million Revenue from contracts with customers ¥5,401 million」
The revenue recognition disclosure shows that, of full-year product sales, building-related sales were ¥4,883 million and other sales were ¥386 million, quantifying the Company's dependence on building-related demand. - FY2022-Q3Building-related sales composition updatedAnnual report
「Product sales (building-related) 3,362,841 Product sales (other) 271,058 Materials sales 85,065 Total 3,718,965」
The revenue breakdown for the nine months ended the third quarter shows building-related product sales of ¥3,362 million, other product sales of ¥271 million, and materials sales of ¥85 million. - FY2022-Q2Building-related sales composition quantifiedAnnual report
「Product sales (building-related) 2,143,709 Product sales (other) 152,427 Materials sales 48,888 Total 2,345,024」
The revenue recognition disclosure shows that, in the breakdown of product sales for the six months ended the second quarter, building-related sales were ¥2,143 million, other sales were ¥152 million, and materials sales were ¥48 million, quantifying the scale of building-related sales. - FY2022-Q1RestatedAnnual report
「Although nationwide urban redevelopment and other projects continued, construction trends affecting our business results remained unpredictable as the prolonged spread of COVID-19 resulted in construction work being temporarily suspended or postponed and capital investment plans being reviewed.」
While recognising the continuation of urban redevelopment, the disclosure continues to describe uncertainty in the building demand environment, stating that construction work has been suspended or postponed and capital investment plans have been reviewed. - FY2021WorsenedAnnual report
「Although nationwide urban redevelopment and other projects affecting the construction industry and our business results continued, the prolonged spread of COVID-19 also resulted in construction work being temporarily suspended or postponed, and projects themselves being cancelled.」
While recognising the continuation of urban redevelopment, the disclosure gives concrete form to uncertainty in the demand environment by noting that construction work has been suspended or postponed and plans have been cancelled. - FY2021-Q3RestatedAnnual report
「In addition, building trends affecting the Company's operating performance have become more uncertain.」
The disclosure states that uncertainty in the building demand environment continues. - FY2021-Q2WorsenedAnnual report
「Building trends affecting the Company's operating performance have become more uncertain, partly because construction work has been suspended or postponed at some building sites.」
The disclosure states that construction work has been suspended or postponed at some building sites, increasing uncertainty in the building demand environment. - FY2021-Q1WorsenedAnnual report
「Building trends affecting the Company's operating performance have become more uncertain, partly because construction work has been temporarily suspended at some building sites.」
The disclosure states that the outlook for the building demand environment became more uncertain due to temporary construction suspensions at some building sites. - FY2020WorsenedAnnual report
「The Company is primarily engaged in the manufacture and sale of sign products used inside and outside buildings and is affected by trends in private non-residential building investment. In addition, because its products are made to individual orders, the Company cannot hold inventory based on forecasts of future demand. If demand exceeds production capacity, there is a risk of lost sales, while if demand falls below capacity, there is a risk of lost profit due to higher fixed costs.」
The disclosure specifies the Company's dependence on building investment and the risk of a mismatch between demand and production capacity resulting from make-to-order production. It also states that the proportion of demand related to building investment is "overwhelmingly large." - FY2020-Q2RestatedAnnual report
「In addition, building trends affecting the Company's operating performance remained firm.」
The disclosure states that building trends affecting the Company's operating performance remained firm. - FY2020-Q1RestatedAnnual report
「In addition, building trends affecting the Company's operating performance remained firm.」
The disclosure states that building trends affecting the Company's performance remained firm, maintaining the Company's view of the demand environment. - FY2019RestatedAnnual report
「In addition, building trends affecting the Company's operating performance remained firm, led by private non-residential building investment and other areas.」
The disclosure states that building trends remained firm, led by private non-residential building investment and other areas, maintaining the Company's view of the demand environment. - FY2019-Q3RestatedAnnual report
「In addition, building trends remained firm, led by private non-residential building investment and other areas.」
The disclosure states that building trends remained firm, led by private non-residential building investment and other areas, maintaining the Company's view of the demand environment. - FY2019-Q2RestatedAnnual report
「In addition, building trends remained firm, led by private non-residential building investment and other areas.」
The disclosure states that building trends remained firm, led by private non-residential building investment and other areas, maintaining the Company's view of the demand environment. - FY2019-Q1RestatedAnnual report
「In addition, private non-residential building investment and other areas affecting the Company's performance remained firm.」
The disclosure states that private non-residential building investment and other areas remained firm, maintaining the Company's view of the building demand environment. - FY2018RestatedAnnual report
「In addition, although growth in private non-residential building investment and other areas has slowed, building trends remained firm.」
The disclosure notes both slower growth and the continued firmness of building investment trends. There is no new disclosure concerning competition for orders. - FY2018-Q3RestatedAnnual report
「In addition, although growth in private non-residential building investment and other areas has slowed, building trends remained firm.」
The disclosure states that building trends remained firm despite slower growth in private non-residential building investment and other areas. There is no new disclosure concerning competition for orders. - FY2018-Q2RestatedAnnual report
「In addition, although growth in private non-residential building investment and other areas has slowed, building trends remained firm.」
The disclosure states that building trends remained firm despite slower growth in private non-residential building investment and other areas. There is no new disclosure concerning competition for orders. - FY2018-Q1RestatedAnnual report
「In addition, building trends affecting the Company's performance remained broadly flat, as growth in private non-residential building investment and other areas began to show signs of weakening.」
The disclosure states that building investment trends remained broadly flat, maintaining the previous view of the demand environment. There is no new disclosure concerning competition for orders. - FY2017WorsenedAnnual report
「Looking ahead, demand for signs is expected to increase as building investment expands, while competition for orders is expected to become even more intense.」
The outlook indicates that competition for orders will become more intense than before alongside growth in demand for signs. - FY2017-Q3WorsenedAnnual report
「Meanwhile, although the domestic economy continued to recover moderately as income and employment improved, building trends affecting the Company's performance are approaching a flat state, as growth in private non-residential building investment and other areas has begun to show signs of weakening.」
The disclosure states that building investment trends, previously considered firm, are approaching a flat state as growth in private non-residential building investment and other areas has begun to show signs of weakening. - FY2017-Q2RestatedAnnual report
「Meanwhile, the domestic economy continued to recover moderately as income and employment improved, while building investment trends affecting the Company's performance also remained firm.」
The disclosure describes the domestic building investment environment positively, stating that trends remained firm. There is no new disclosure concerning competition for orders. - FY2017-Q1RestatedAnnual report
「Meanwhile, industry conditions surrounding the Company remained firm, with building investment trends affecting the Company's performance continuing to be robust.」
The disclosure states that building investment trends remained firm and cites expanding construction demand as a backdrop to performance. There is no new disclosure concerning competition for orders. - FY2016First statedAnnual report
「Looking ahead, demand for signs is expected to increase as building investment expands, particularly in the Tokyo metropolitan area, ahead of the 2020 Tokyo Olympics, while competition for orders is also expected to intensify.」
While expecting demand to increase ahead of the 2020 Tokyo Olympics, the disclosure anticipates intensifying competition for orders.