Lost Bids and Price Competition
First written in FY2016. 20 of 22 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Uncertainty remains due to pressure on management from a decline in the number of tanks operated by oil distributors and others, lower contract prices due to competitive bidding and other factors, but」
The company continues to identify the risk of a decline in the number of tanks and lower contract prices due to competitive bidding. - FY2023RestatedAnnual report
「Uncertainty remains due to pressure on management from a decline in the number of tanks operated by oil distributors and others, lower contract prices due to competitive bidding and other factors, but」
The company continues to identify the risk of a decline in the number of tanks and lower contract prices due to competitive bidding. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the previously described risks, including lost bids and price competition. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the previously described risks, including lost bids and price competition. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the previously described risks, including lost bids and price competition. - FY2022RestatedAnnual report
「Uncertainty remains due to pressure on management from a decline in the number of tanks operated by oil distributors and others, lower contract prices due to competitive bidding and other factors, but」
The company continues to identify the risk of a decline in the number of tanks and lower contract prices due to competitive bidding. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks, including lost bids and price competition. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks, including lost bids and price competition. - FY2020RestatedAnnual report
「Uncertainty remains due to pressure on management from a decline in the number of tanks operated by oil distributors and others, lower contract prices due to competitive bidding and other factors, but」
The company continues to describe the risk of a decline in the number of tanks and lower contract prices due to competitive bidding. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks, including lost bids and price competition. quantified is false, materialized is false. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks, including lost bids and price competition. - FY2019RestatedAnnual report
「Pressure on management is expected from a decline in the number of tanks operated by oil distributors and others, and lower contract prices due to competitive bidding, but」
The company continues to identify the decline in the number of tanks and lower contract prices due to competitive bidding as risks. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks, including lost bids and price competition. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks described in the previous fiscal year, including lost bids and price competition. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks described in the previous fiscal year, including lost bids and price competition. - FY2018RestatedAnnual report
「Pressure on management is expected from a decline in the number of tanks operated by oil distributors and others, and lower contract prices due to competitive bidding, but」
The company continues to identify the decline in the number of tanks and lower contract prices due to competitive bidding as business risks. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks described in the previous fiscal year, including lost bids and price competition. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks described in the previous fiscal year, including lost bids and price competition. - FY2018-Q1RestatedAnnual report
「Revenue declined because the number of construction orders fell and few construction projects were completed during the cumulative first quarter.」
The decline in construction orders related to bidding competition and other factors has continued, appearing as lower revenue together with the small number of completed construction projects. - FY2017-Q3MaterialisedAnnual report
「In the tank cleaning and repair business, the number of construction orders declined under the bidding system, resulting in lower revenue.」
The risk of losing orders due to bidding competition with other companies actually materialized as a decline in construction orders and lower revenue. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the business and other risks described in the previous fiscal year, including lost bids and price competition. - FY2016First statedAnnual report
「Losses on bids under the bidding system, such as when other companies submit lower bids, are a factor behind fluctuations in the business's earnings.」
The tank cleaning and repair business, among others, identifies losses on bids due to lower bids from other companies as a risk.