Risk of reduced or constrained domestic capital investment
First written in FY2016. 12 of 18 entries say "Restated". Latest entry: FY2022.
Seika moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Materialised".
- FY2022MaterialisedAnnual report
「Revenue fell to ¥1,136.3 million, down 6.5% from the previous fiscal year, and segment profit fell 10.0% to ¥119.2 million, as sales declined due to the postponement of periodic repairs and equipment upgrades for thermal power generation facilities amid lower investment in the thermal power generation field.」
The postponement of periodic repairs and equipment upgrades due to lower investment in the thermal power generation field actually materialized as lower full-year revenue and profit in the Electric Power business. - FY2022-Q3MaterialisedAnnual report
「Revenue fell to ¥697.7 million, down 21.5% year on year, and segment profit fell 33.8% to ¥64.0 million, as sales declined due to the postponement of periodic inspection work and equipment upgrades for thermal power generation facilities supplied to electric power companies.」
The postponement of periodic inspection work and equipment upgrades for thermal power generation facilities actually occurred and became factors behind lower revenue and profit in the Electric Power business. - FY2021MaterialisedAnnual report
「Although some industries canceled or postponed capital investment due to the COVID-19 pandemic, the Company achieved certain results by operating across a broad range of fields, including chemicals, synthetic fibers, and plants.」
The company stated that cancellations and postponements of capital investment due to the COVID-19 pandemic had actually occurred in some industries. - FY2021-Q2RestatedAnnual report
「Meanwhile, capital investment remained at a low level due to declining corporate earnings and growing uncertainty about the outlook.」
The company continues to explain that capital investment remained at a low level against the backdrop of COVID-19, declining corporate earnings, and other factors. - FY2021-Q1MaterialisedAnnual report
「In addition, capital investment remained at a low level as corporate earnings deteriorated due to the rapid decline in personal consumption and exports.」
The company stated that capital investment remained at a low level against the backdrop of deteriorating corporate earnings associated with COVID-19. - FY2020WorsenedAnnual report
「If the economic downturn caused by the spread of COVID-19 continues, capital investment is expected to decline, directly affecting the Company’s earnings.」
In addition to the existing risk of restrained domestic capital investment, the company explicitly identified the possibility of lower capital investment due to the spread of COVID-19. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2017RestatedAnnual report
「Major domestic manufacturers are shifting production to overseas facilities, and the company expects them to remain cautious about domestic capital investment.」
The overseas relocation of production by major manufacturers and their cautious stance on domestic capital investment continue to be cited as business-environment factors. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2017-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters concerning the risk of reduced or restrained domestic capital investment. - FY2016First statedAnnual report
「In industries such as electric power, oil, chemicals, and steel, which are major customers, capital investment and maintenance and inspection work may be reduced or restrained, depending on the scale and nature of the work, as production sites are relocated overseas due to factors including sharp fluctuations in crude oil prices and higher electricity charges. This could affect the Group’s operating results and financial condition.」
The company identifies the overseas relocation of production by major manufacturers and factors such as electricity charges and crude oil prices as risks to its domestic sales operations.