Decline in Housing Component Orders Due to Fewer Multi-Family Housing Starts
First written in FY2017-Q2. 11 of 21 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026-H1.
Daiwa Motor Transportation moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2023: 15 of 21 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026-H1The short-term reactionary decline has run its course, but the long-term decline in housing starts continuesAnnual report
「Although the reactionary decline in housing starts following the rush to begin construction ahead of the revisions to the Building Standards Act and the Act on the Improvement of Energy Consumption Performance of Buildings that took effect in fiscal 2025 has run its course, the long-term trend of declining new housing starts due to population decline remains unchanged. In addition, from a crime-prevention standpoint, the number of standard external stairs for multi-unit housing, the company's main product, is trending downward.」
While the temporary decline following the legal revision appears to have run its course, the long-term decline in new housing starts due to population decline and the ongoing downward trend in non-standard staircases continue. - FY2024-Q3RestatedAnnual report
「In the metal products manufacturing and sales segment, procurement of steel materials increased due to soaring raw material prices, while output of standard external stairs for multi-unit housing, formerly a main product, has been declining because they are installed outdoors from a crime-prevention standpoint. To establish a stable earnings base and secure operating profit, the company actively expanded made-to-order production of custom stairs and other products expected to generate high profit margins.」
The company cites soaring raw material prices and the declining output trend for standard external stairs, while continuing measures to secure earnings through made-to-order production of custom stairs and other products. - FY2023-Q2RestatedAnnual report
「In the metal products manufacturing and sales segment, procurement of steel materials increased due to soaring raw material prices, while output of standard external stairs for multi-unit housing, formerly a main product, has been declining because they are installed outdoors from a crime-prevention standpoint. To establish a stable earnings base and secure operating profit, the company actively expanded made-to-order production of custom stairs and other products expected to generate high profit margins.」
The company continues to cite the declining output trend for standard external stairs and measures to secure earnings through made-to-order production of custom stairs and other products. - FY2023-Q1WorsenedAnnual report
「In the metal products manufacturing and sales segment, procurement of steel materials increased due to soaring raw material prices, while output of standard external stairs for multi-unit housing, formerly a main product, has been declining because they are installed outdoors from a crime-prevention standpoint. To establish a stable earnings base and secure operating profit, the company actively expanded made-to-order production of custom stairs and other products expected to generate high profit margins.」
The company newly disclosed higher steel procurement due to soaring raw material prices and the declining output trend for standard external stairs, indicating a more challenging earnings environment for the housing-related business. - FY2022-Q2MitigatedAnnual report
「Although output of standard external stairs for multi-unit housing, the company's main product, remained steady, the jointly invested company's Vietnam plant was placed under lockdown due to the COVID-19 pandemic. The company temporarily increased domestic production to minimize the decline in output and worked to secure operating profit.」
Output of standard external stairs for multi-unit housing remained steady, and the company sought to limit the decline in production volume by temporarily increasing domestic production in response to the lockdown at the Vietnam plant. - FY2022-Q1WorsenedAnnual report
「In addition to sluggish output at the Vietnam plant of the jointly invested company, the decline in the floor area of housing construction that had continued from the previous fiscal year showed no sign of stopping, and output of standard stairs, the company's main product, decreased.」
The decline in the floor area of housing construction showed no sign of stopping, and the decrease in output of standard stairs continued. The sales business recorded sales of ¥473 million and an operating loss of ¥10 million. - FY2021-Q3WorsenedAnnual report
「Although output at the Vietnam plant of the jointly invested company remained steady, the decline in the floor area of housing construction that had continued from the previous fiscal year showed no sign of stopping, and output of standard stairs, the company's main product, decreased. As a result, sales in the sales business were ¥2,013 million, down 14.4% year on year, and the business posted an operating loss of ¥59 million, compared with operating profit of ¥32 million in the previous corresponding period.」
The decline in the floor area of housing construction continued, reducing output of standard stairs. The sales business as a whole posted a 14.4% year-on-year decline in sales and an operating loss of ¥59 million. - FY2021-Q2MaterialisedAnnual report
「Although output at the Vietnam plant of the jointly invested company remained steady, the decline in the floor area of housing construction that had continued from the previous fiscal year showed no sign of stopping, and output of standard stairs, the company's main product, decreased.」
The continued decline in the floor area of housing construction reduced output of standard stairs, with the impact appearing as sales of ¥1,299 million, down 14.3% year on year, and an operating loss of ¥19 million in the sales business. - FY2020MaterialisedAnnual report
「Although output at the Vietnam plant of the jointly invested company remained steady, output of standard stairs, the company's main product, declined as the floor area of housing construction decreased. As a result, sales in the sales business were ¥3,150 million, down 7.1% from the previous fiscal year, and operating profit was ¥46 million, down 43.3%.」
The decline in the floor area of housing construction reduced output of standard stairs, with the impact appearing in full-year results as a 7.1% decline in sales and a 43.3% decline in operating profit in the sales business. - FY2020-Q3MaterialisedAnnual report
「Although output at the Vietnam plant of the jointly invested company remained steady, output of standard stairs, the company's main product, declined as the floor area of housing construction decreased. As a result, sales in the sales business were ¥2,353 million, down 8.9% year on year, and operating profit was ¥32 million, down 59.8%.」
The decline in the floor area of housing construction reduced output of standard stairs, with the impact appearing as an 8.9% decline in sales and a 59.8% decline in operating profit in the sales business. - FY2020-Q2MaterialisedAnnual report
「Although output at the Vietnam plant of the jointly invested company remained steady, output of standard stairs, the company's main product, declined as the floor area of housing construction decreased. As a result, sales in the sales business were ¥1,516 million, down 9.0% year on year, and operating profit was ¥12 million, down 63.3%.」
The decline in the floor area of housing construction reduced output of standard stairs, with the impact appearing in lower sales and operating profit in the sales business. - FY2020-Q1Orders increased, but sales remained sluggishAnnual report
「Although made-to-order production of multi-unit housing materials increased from the previous fiscal year, sales remained sluggish because the floor area of multi-unit housing decreased.」
Made-to-order production of multi-unit housing materials increased from the previous fiscal year, while sales remained sluggish due to a decrease in the floor area of multi-unit housing, indicating that the impact of housing-related demand is continuing in a different form. - FY2019-Q3MaterialisedAnnual report
「In the metal products manufacturing and sales segment, orders for housing materials declined as construction of multi-unit housing in Japan remained sluggish, but output at the Vietnam plant of the jointly invested company remained steady.」
The decline in orders for housing materials due to sluggish multi-unit housing construction continued. In contrast, output at the Vietnam plant of the jointly invested company remained steady. - FY2019-Q2MaterialisedAnnual report
「In the metal products manufacturing and sales segment, orders for housing materials contracted and profit margins fell as multi-unit housing construction remained sluggish across the market. As a result, sales in the sales business were ¥1,666 million, up 6.0% year on year, and operating profit was ¥37 million, down 10.4%.」
The contraction in orders for housing materials and lower profit margins resulting from sluggish multi-unit housing construction continued, with operating profit in the sales business down 10.4% year on year. - FY2019-Q1MaterialisedAnnual report
「In the metal products manufacturing and sales segment, orders for housing materials declined and profit margins fell as construction of multi-unit housing remained sluggish. As a result, sales in the sales business were ¥805 million, down 0.0% year on year, and operating profit was ¥13 million, down 66.0%.」
The decline in orders for housing materials and lower profit margins resulting from sluggish multi-unit housing construction continued, appearing in quarterly results as a 66.0% year-on-year decline in operating profit in the sales business. - FY2018MaterialisedAnnual report
「In the metal products manufacturing and sales segment, orders for housing materials declined and profit margins fell as construction of multi-unit housing remained sluggish. As a result, sales in the sales business were ¥3,286 million, up 0.9% year on year, and operating profit was ¥113 million, down 29.7%.」
The decline in orders for housing materials and lower profit margins resulting from sluggish multi-unit housing construction appeared in full-year results as a 29.7% year-on-year decline in operating profit in the sales business. - FY2018-Q3MaterialisedAnnual report
「In the metal products manufacturing and sales segment, orders for housing materials declined and profit margins fell as construction of multi-unit housing remained sluggish. As a result, sales in the sales business were ¥2,428 million, up 0.4% year on year, and operating profit was ¥78 million, down 50.3%.」
The decline in orders for housing materials and lower profit margins again emerged as an actual earnings impact, with operating profit in the sales business down 50.3% year on year. - FY2018-Q1MitigatedAnnual report
「The metal products manufacturing and sales division saw sales turn upward due to a recovery in orders for housing materials, but its profit margin declined because of higher raw material costs.」
The impact of the previous decline in orders for housing materials was mitigated by a recovery in orders, while the disclosure identifies rising raw material costs as a new factor reducing profit margins. - FY2017MaterialisedAnnual report
「In the metal products manufacturing and sales segment, sales declined as orders for housing materials fell due to a decrease in the number of multi-unit housing starts among customer companies. The company worked to improve production efficiency, continued to maintain ISO 9001 certification, and advanced product quality improvements. As a result, sales in the sales business were ¥3,256 million, down 12.1% year on year, and operating profit was ¥161 million, down 44.7%.」
The decline in multi-unit housing starts has reduced full-year sales and operating profit in the sales business through lower orders for housing materials. - FY2017-Q3MaterialisedAnnual report
「In the metal products manufacturing and sales segment, sales declined as orders for housing materials fell due to a decrease in the number of multi-unit housing starts among customer companies. The company worked to improve production efficiency, continued to maintain ISO 9001 certification, and advanced product quality improvements. As a result, sales in the sales business were ¥2,419 million, down 14.7% year on year, and operating profit was ¥157 million, down 47.5%.」
The decline in orders for housing materials due to fewer multi-unit housing starts continued to reduce sales and operating profit in the sales business. - FY2017-Q2First statedAnnual report
「In the metal products manufacturing and sales segment, sales declined as orders for housing materials fell due to a decrease in the number of multi-unit housing starts among customer companies. The company worked to improve production efficiency, continued to maintain ISO 9001 certification, and advanced product quality improvements. As a result, sales in the sales business were ¥1,558 million, down 17.1% year on year, and operating profit was ¥100 million, down 44.6%.」
The decline in multi-unit housing starts has reduced sales and operating profit in the sales business through lower orders for housing materials.