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Meiwa (8103) · FactWaterproofing materials declined from strong levels to approximately the same level as the previous year

Recovery in Demand for the Functional Building Materials Business and Decline in Profit

First written in FY2018-Q3. 12 of 20 entries say "Restated". Latest entry: FY2026-H1.

20entries
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q3 – FY2020-Q3RestatedFY2021-Q3 – FY2022-Q3RestatedFY2023-Q1 – FY2026-H12018: 120182019: 320192020: 220202021: 320212022: 420222023: 320232024: 220242025: 22025
Same theme, other companies
Decline in orders for construction and industrial materialsA theme 10 companies write about · 16 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.

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

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. FY2026-H1Waterproofing materials declined from strong levels to approximately the same level as the previous yearAnnual report

    「• The Functional Building Materials Business remained at roughly the same level as the prior-year period in insulation materials, waterproofing materials, and interior materials.」

    Although waterproofing materials had been described as performing well through the previous fiscal year, during the current interim consolidated accounting period insulation materials, waterproofing materials, and interior materials were all at roughly the same level as the prior-year period.
  2. FY2025RestatedAnnual report

    「The Functional Building Materials Business performed well in waterproofing materials, while insulation materials and interior materials remained at roughly the same level as the prior-year period.」

    As in the previous interim period, waterproofing materials performed well, while insulation materials and interior materials remained at roughly the same level as the prior-year period.
  3. FY2025-H1Waterproofing materials improve to solid performance, while insulation materials and interior materials move to roughly the same level as the prior-year periodAnnual report

    「The Functional Building Materials Business performed well in waterproofing materials, while insulation materials and interior materials both remained at roughly the same level as the prior-year period.」

    Although insulation materials and interior materials had been described as performing well through the previous fiscal year and waterproofing materials as being at roughly the same level as the prior-year period, during the current interim consolidated accounting period waterproofing materials improved to solid performance, while insulation materials and interior materials weakened to roughly the same level as the prior-year period.
  4. FY2024-Q3RestatedAnnual report

    「The Functional Building Materials Business performed well in insulation materials and interior materials, while waterproofing materials remained at roughly the same level as the prior-year period.」

    As in the previous quarter, insulation materials and interior materials performed well, while waterproofing materials remained at roughly the same level as the prior-year period.
  5. FY2024-Q2RestatedAnnual report

    「The Functional Building Materials Business performed well in insulation materials and interior materials, while waterproofing materials remained at roughly the same level as the prior-year period.」

    As in the previous quarter, insulation materials and interior materials performed well, while waterproofing materials remained at roughly the same level as the prior-year period.
  6. FY2024-Q1Insulation materials and interior materials perform well; waterproofing materials at roughly the same level as the prior-year periodAnnual report

    「• The Functional Building Materials Business performed well in insulation materials and interior materials, while waterproofing materials remained at roughly the same level as the prior-year period.」

    Waterproofing materials, which had been described as performing well through the previous fiscal year, weakened to roughly the same level as the prior-year period, while insulation materials and interior materials performed well.
  7. FY2023-Q3RestatedAnnual report

    「The Functional Building Materials Business performed well in insulation materials and waterproofing materials as demand recovered, while interior materials remained at roughly the same level as the prior-year period.」

    As in the previous quarter, insulation materials and waterproofing materials performed well as demand recovered, while interior materials remained at roughly the same level as the prior-year period.
  8. FY2023-Q2RestatedAnnual report

    「The Functional Building Materials Business performed well in insulation materials and waterproofing materials as demand recovered, while interior materials remained at roughly the same level as the prior-year period.」

    As in the previous quarter, insulation materials and waterproofing materials performed well as demand recovered, while interior materials remained at roughly the same level as the prior-year period.
  9. FY2023-Q1Recovery in demand for insulation materials and waterproofing materialsAnnual report

    「• The Functional Building Materials Business performed well in insulation materials and waterproofing materials as demand recovered, while interior materials remained at roughly the same level as the prior-year period.」

    Although insulation materials and waterproofing materials had been described as sluggish or at roughly the same level as the prior-year period through the previous fiscal year, both turned solid this quarter as demand recovered. Interior materials remained at roughly the same level as the prior-year period.
  10. FY2022WorsenedAnnual report

    「The Functional Building Materials Business remained solid in waterproofing materials, which were showing signs of recovering demand, while insulation materials and interior materials remained sluggish, as the recovery in construction demand continued to lag.」

    While demand for waterproofing materials continued to recover, insulation materials and interior materials, which had been described as being at roughly the same level as the prior-year period through the previous quarter, were described as sluggish for the full year.
  11. FY2022-Q3RestatedAnnual report

    「The Functional Building Materials Business remained solid in waterproofing materials, which were showing signs of recovering demand, while insulation materials and interior materials remained at roughly the same level as the prior-year period, as construction demand had yet to recover.」

    Demand for waterproofing materials continues to recover and performance remains solid, while insulation materials and interior materials remain at roughly the same level as the prior-year period.
  12. FY2022-Q2RestatedAnnual report

    「The Functional Building Materials Business remained solid in waterproofing materials, which were showing signs of recovering demand, while insulation materials remained at roughly the same level as the prior-year period, as construction demand had yet to recover.」

    Demand for waterproofing materials continues to recover and performance remains solid, while insulation materials remain at roughly the same level as the prior-year period.
  13. FY2022-Q1Recovery in waterproofing materials; insulation materials unchangedAnnual report

    「The Functional Building Materials Business remained solid in waterproofing materials, which were showing signs of recovering demand, while insulation materials remained at roughly the same level as the prior-year period, as construction demand had yet to recover.」

    From a situation in which both products had been sluggish through the previous quarter, waterproofing materials began to show signs of recovering demand, while insulation materials remained at roughly the same level as the prior-year period, with no recovery in construction demand.
  14. FY2021-Q3RestatedAnnual report

    「The Functional Building Materials Business remained sluggish overall. Insulation materials were affected by lower construction demand in the Tokyo metropolitan area, while waterproofing materials were affected by the discontinuation of certain products, the end of Olympic-related demand, and lower demand for floor coatings.」

    Both insulation materials and waterproofing materials have remained sluggish. For waterproofing materials, the stated factors were product discontinuations, the end of Olympic-related demand, and lower demand for floor coatings.
  15. FY2021-Q1WorsenedAnnual report

    「In the Functional Building Materials Business, both insulation materials and waterproofing materials performed sluggishly, as construction demand in the Tokyo metropolitan area declined and unsettled weather and the discontinuation of certain products affected waterproofing materials.」

    Previously, insulation materials performed steadily while waterproofing materials were sluggish, but insulation materials also became sluggish as construction demand in the Tokyo metropolitan area declined, leaving both products sluggish.
  16. FY2020-Q3RestatedAnnual report

    「In the Functional Building Materials Business, insulation materials performed steadily due to increased construction demand in the Tokyo metropolitan area, while waterproofing materials remained sluggish due to unsettled weather and other factors.」

    Insulation materials continue to perform steadily, while waterproofing materials remain sluggish due to unsettled weather and other factors.
  17. FY2020-Q2RestatedAnnual report

    「In the Functional Building Materials Business, insulation materials performed steadily, while waterproofing materials remained sluggish.」

    Steady performance in insulation materials continues to coexist with sluggish performance in waterproofing materials from the previous quarter.
  18. FY2020-Q1RestatedAnnual report

    「In the Functional Building Materials Business, insulation materials performed steadily, while waterproofing materials remained sluggish.」

    In the Functional Building Materials Business, steady performance in insulation materials continues to coexist with sluggish performance in waterproofing materials.
  19. FY2019-Q3RestatedAnnual report

    「In the Functional Building Materials Business, insulation materials performed steadily, while waterproofing materials remained sluggish.」

    In the Functional Building Materials Business, steady performance in insulation materials coexisted with sluggish performance in waterproofing materials.
  20. FY2018-Q3First statedAnnual report

    「Insulation materials performed steadily as demand recovered, while waterproofing materials remained sluggish due to unsettled weather. As a result, sales were ¥16.387 billion, up 3.4% year on year. Segment profit was ¥217 million, down 12.9%, due to higher selling, general and administrative expenses.」

    Sales increased due to the recovery in demand for insulation materials, while segment profit declined because waterproofing materials remained sluggish and selling, general and administrative expenses increased.
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Recovery in Demand for the Functional Building Materials Business and Decline in Profit | Meiwa Corporation (8103) | Komori