Impact of Fluctuations in the Domestic Construction Market and Private-Sector and Public Investment on Order Intake and Profitability
First written in FY2024. 3 of 4 entries say "Restated". Latest entry: 2026-10-30.
The whole theme swung hardest in 2020: 21 of 38 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Because the Group’s principal customers are domestic construction companies and it is highly dependent on the domestic construction market, a sharp contraction in private-sector construction investment or public works investment due to soaring construction costs, an economic downturn or other factors may affect the Group’s orders received, profitability and other factors.」
The Group reaffirms dependence on the domestic construction market and the impact of a sharp contraction in private-sector and public investment on orders and profitability as major risks. - FY2024First statedAnnual report
「Because the Group’s principal customers are domestic construction companies and it is highly dependent on the domestic construction market, trends in private-sector construction investment and public works investment may affect the Group’s orders received, profitability and other factors.」
The Group independently identifies the dependence on the domestic construction market and the risk that fluctuations in private-sector and public investment may affect orders and profitability, rather than describing the construction demand environment as it has previously.