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Shigematsu Works (7980) · FactRestated

Expected Increase in Demand for Protective Equipment Driven by Society-Wide Crisis Management

First written in FY2016. 8 of 22 entries say "Restated". Latest entry: FY2026.

22entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019RestatedFY2022-Q1 – FY2023-Q3ReframedFY2025-H1 – 2026-05-082016: 120162017: 020172018: 120182019: 120192020: 320202021: 420212022: 420222023: 320232024: 220242025: 120252026: 22026
Same theme, other companies
Expansion of sales of industrial particulate and gas masks and the “ブレスリンク” seriesA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

Shigematsu Works moved to the "Worse" side of this theme in 2025.

0 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「Against this backdrop, demand for respiratory protection equipment is expected to maintain orders above a certain level going forward, driven by various crisis-management measures for infectious diseases, earthquakes and other disasters, as well as demand related to the development and renovation of social infrastructure.」

    The outlook for maintaining orders above a certain level going forward, driven by crisis-management measures for infectious diseases and disasters and by demand related to the development and renovation of social infrastructure, is being maintained.
  2. 2026-05-08ReframedResults

    「呼吸用保護具は、感染症の流行や地震等の災害に対する様々な危機管理対策、各種社会インフラの整備改修等の需要等により、今後も一定以上の受注は維持するものと思われます。」

    保護具需要の見通しについて、感染症・災害・社会インフラ需要を基礎に、一定以上の受注維持を見込む表現として示している。
  3. FY2025ReframedAnnual report

    「Against this backdrop, demand for respiratory protection equipment is expected to maintain orders above a certain level going forward, driven by crisis-management measures for infectious diseases, earthquakes, terrorism and other disasters, as well as demand related to the development and renovation of social infrastructure. In addition, substances subject to risk assessments under chemical-substance control measures are expected to be added in the future, and orders for protective equipment and other products are also expected to remain above a certain level.」

    In addition to the established sources of demand related to infectious diseases, disasters and social infrastructure, the addition of substances subject to risk assessments under chemical-substance control measures is identified as a new driver of demand for protective equipment.
  4. FY2025-H1ReframedAnnual report

    「In addition to strong orders from the manufacturing industry, a major customer, the company secured firm orders for merchandise, resulting in revenue of ¥6,253 million, up 11.6% year on year.」

    The description has shifted from focusing on increases and decreases in demand for infectious-disease measures to identifying orders from the manufacturing industry and merchandise orders as factors supporting performance during the interim accounting period.
  5. FY2024-Q3Continued decline in demand for infectious-disease measures and lower product salesAnnual report

    「Against this business backdrop, declining orders for masks for measures against the novel coronavirus infection resulted in product revenue of ¥6,143 million, down 7.7% year on year.」

    The previous explanation of a slowdown in demand from its peak has been reflected in declining orders for masks for infectious-disease measures and a 7.7% year-on-year decline in product revenue.
  6. FY2024-Q2Demand slowdown reflected in lower product salesAnnual report

    「As orders for masks for measures against the novel coronavirus infection slowed from their peak, product revenue declined 6.9% year on year to ¥4,098 million, primarily as a result.」

    The explanation that orders for masks for infectious-disease measures were slowing from their peak has been identified as the primary cause of the 6.9% year-on-year decline in product revenue.
  7. FY2024-Q1ReframedAnnual report

    「Orders for masks for measures against the novel coronavirus infection have slowed from their peak but remain above a certain level,」

    The description has changed from continued strength in demand for infectious-disease measures to an explanation that, although demand is slowing from its peak as social and economic activity normalises, orders remain above a certain level.
  8. FY2023-Q3RestatedAnnual report

    「In addition to continued strength in orders for masks for measures against the novel coronavirus infection, orders from the manufacturing industry, a major customer, remained firm, resulting in revenue of ¥8,996 million, up 10.2% year on year.」

    It reports that orders for masks for infectious-disease measures and orders from the manufacturing industry remained firm, in line with the previous outlook for maintaining orders above a certain level against a backdrop of crisis-management demand and other factors.
  9. FY2023-Q2RestatedAnnual report

    「Against this business backdrop, the company, which supplies occupational safety and health equipment, mainly respiratory protection equipment, recorded revenue of ¥5,718 million, up 12.3% year on year, as orders for masks for measures against the novel coronavirus infection were strong and orders from the manufacturing industry, a major customer, remained firm.」

    It reports that orders for masks for infectious-disease measures and orders from the manufacturing industry were strong, in line with the previous outlook for maintaining orders above a certain level against a backdrop of crisis-management demand and other factors.
  10. FY2023-Q1RestatedAnnual report

    「Against this business backdrop, orders for respiratory protection equipment overall, including masks for measures against the novel coronavirus infection, remained firm, resulting in revenue of ¥2,645 million, an increase of ¥198 million from the same quarter of the previous year.」

    It reports that orders for respiratory protection equipment overall, including masks for infectious-disease measures, remained firm, in line with the previous outlook for maintaining orders above a certain level against a backdrop of crisis-management demand.
  11. FY2022RestatedAnnual report

    「Against this backdrop, demand for respiratory protection equipment is expected to maintain orders above a certain level going forward, driven by crisis-management measures for infectious diseases such as the novel coronavirus, earthquakes, terrorism and other disasters, as well as demand related to the development and renovation of social infrastructure.」

    The outlook for maintaining orders above a certain level going forward, driven by crisis-management measures for infectious diseases and disasters and by demand related to the development and renovation of social infrastructure, is reconfirmed.
  12. FY2022-Q3Uncertainty including the Omicron variant, higher resource prices and material shortagesAnnual report

    「During the cumulative third quarter, Japan's economy remained clouded by uncertainty in social and economic activity, despite a temporary easing in the spread of the novel coronavirus, due to the emergence of the Omicron variant, higher resource prices and material shortages. However, business sentiment in the manufacturing industry continued to improve, supported by the recovery of overseas economies, including those of the United States and China.」

    It explains that, while the temporary easing in infections and the recovery of overseas economies improved business sentiment in the manufacturing industry, uncertainty in social and economic activity continued due to the Omicron variant, higher resource prices and material shortages.
  13. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter, Japan's economy remained clouded by uncertainty in social and economic activity, partly due to the expanded coverage and extended periods of the state of emergency and priority preventive measures implemented to prevent the spread of the novel coronavirus. However, business sentiment in the manufacturing industry continued to improve, supported by progress in vaccinations and the recovery of overseas economies, including those of the United States and China.」

    It reconfirms the coexistence of improving business sentiment in the manufacturing industry, supported by vaccinations and the recovery of overseas economies, and uncertainty in social and economic activity caused by measures to prevent the spread of infection.
  14. FY2022-Q1Orders remained firm overall; reaction to the prior year's COVID-19-related special demandAnnual report

    「Orders for respiratory protection equipment overall remained firm, but revenue was limited to ¥2,447 million, down 20.1% from the same quarter of the previous year, which benefited from a sharp increase in orders for masks, protective clothing and other products as a measure against the novel coronavirus infection.」

    While orders for respiratory protection equipment overall remained firm, revenue declined compared with masks, protective clothing and other products for infectious-disease measures, for which orders had surged in the same period of the previous year, indicating a change from the previous year in how the increase in demand was reflected.
  15. FY2021AdvancedAnnual report

    「Against this backdrop, demand for respiratory protection equipment is expected to sustain orders above a certain level going forward, driven not only by measures against infectious diseases but also by crisis-management measures for various disasters and demand related to the development and renovation of social infrastructure.」

    In addition to measures against the novel coronavirus infection, demand related to disaster response and the development and renovation of social infrastructure is expected to maintain orders above a certain level going forward.
  16. FY2021-Q3AdvancedAnnual report

    「Orders for disposable dust masks, protective clothing and other products as a measure against the novel coronavirus infection remained strong after the first quarter and continued to do so amid current concerns over a third wave of infections, resulting in revenue of ¥8,803 million, up 17.0% year on year.」

    Strong demand for disposable dust masks, protective clothing and other products related to measures against the novel coronavirus infection continued from the first quarter and was maintained during the third wave of infections.
  17. FY2021-Q2AdvancedAnnual report

    「Orders for masks, protective clothing and other products as a measure against the novel coronavirus infection remained firm after the sharp increase in the first quarter, while orders from the manufacturing industry, a major customer, were not significantly affected by the economic downturn, resulting in revenue of ¥5,815 million, up 15.5% year on year.」

    It explains that demand for masks, protective clothing and other products related to measures against the novel coronavirus infection remained firm after the first quarter, and that orders from the manufacturing industry, a major customer, did not decline significantly.
  18. FY2021-Q1AdvancedAnnual report

    「Due to a sharp increase in orders for masks, protective clothing and other products as a measure against the novel coronavirus infection, revenue increased 33.7% from the previous quarter to ¥3,064 million.」

    The previously anticipated increase in demand driven by crisis management emerged in the first-quarter results as a sharp increase in orders for masks, protective clothing and other products related to measures against the novel coronavirus infection.
  19. FY2020AdvancedAnnual report

    「In particular, the importance of crisis management related to public health has been increasingly recognised worldwide amid the current spread of the novel coronavirus. In light of these circumstances, as a specialist company supplying occupational safety and health equipment, we intend to fully strengthen our supply capacity for respiratory protection equipment overall, for which demand is currently surging, thereby fulfilling our social mission and responsibility to protect the safety and health of working people.」

    The company had previously anticipated demand growth driven by crisis management, but the spread of the novel coronavirus was described as an actual business condition causing a sharp increase in demand for respiratory protection equipment.
  20. FY2019RestatedAnnual report

    「Moreover, the impact on the economy and society of how effectively companies and governments respond to sudden natural and man-made disasters, such as various environmental problems, earthquakes, infectious diseases and terrorism, is becoming increasingly significant, and the importance of crisis management is being more strongly recognised. Against this economic and social backdrop, although the respiratory protection equipment industry is affected by economic conditions, demand for respiratory protection equipment overall, driven by crisis-management measures across society, is expected to continue increasing over the long term.」

    The outlook for continued long-term growth in demand for respiratory protection equipment, driven by crisis-management needs related to earthquakes, infectious diseases and terrorism, is reiterated.
  21. FY2018RestatedAnnual report

    「Against this economic and social backdrop, although the respiratory protection equipment industry is affected by economic conditions, demand for respiratory protection equipment overall, driven by crisis-management measures across society, is expected to continue increasing over the long term.」

    The outlook for long-term growth in demand for respiratory protection equipment, driven by crisis-management measures, is reiterated.
  22. FY2016First statedAnnual report

    「Against this economic and social backdrop, although the respiratory protection equipment industry is affected by economic conditions, demand for respiratory protection equipment overall, driven by crisis-management measures across society, is expected to continue increasing over the long term.」

    Although affected by economic conditions, demand for respiratory protection equipment is expected to increase over the long term, driven by crisis-management measures.
Moved together

"Profit Improvement Driven by Higher Sales and Production Efficiency" moved the same way as this thread, in the same document, in 7 of its 22 moves.

755443★123456
  1. ★This thread
  2. 1Profit Improvement Driven by Higher Sales and Production Efficiency7×
  3. 2Decline in Nuclear Power Plant Orders and Firm Manufacturing Orders5×
  4. 3Improving Management Efficiency and Strengthening Earning Power5×
  5. 4Concern over weaker corporate earnings due to the slowdown in emerging-market economies and the yen's appreciation4×
  6. 5Capital Investment to Expand Production Capacity and Improve Production Efficiency4×
  7. 6Financing through increased short-term borrowings3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Shigematsu Works's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Results of 2026-05-08: "Reframed".
News
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