Komori
Nagawa (9663) · RiskSoftenedLatest Earnings (2026-10-26): "Materialised"

Declining trend in the value of public works contracts in southern Hokkaido

First written in FY2017-Q1. 11 of 25 entries say "Restated". Latest entry: 2026-10-26.

25entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2019-Q3MaterialisedFY2020-Q1 – FY2021SoftenedFY2024 – FY2026-H12016: 220162017: 320172018: 220182019: 220192020: 420202021: 220212022: 120222023: 320232024: 220242025: 220252026: 22026
Same theme, other companies

Nagawa moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).

The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.

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

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-H1SoftenedAnnual report

    「Revenue increased partly because sales of construction equipment as new capital investment and Hokkaido Shinkansen construction continued to perform solidly.」

    Against the previous risk assessment centered on declining public works awards in southern Hokkaido, the solid progress of Hokkaido Shinkansen construction and construction equipment sales are identified as factors behind the increase in revenue.
  2. FY2025SoftenedAnnual report

    「Progress on Hokkaido Shinkansen construction and other factors provided a tailwind and contributed to higher utilization.」

    Against the previous risk assessment centered on declining public works awards in southern Hokkaido, progress on Hokkaido Shinkansen construction is disclosed as a factor pushing up rental utilization.
  3. FY2024SoftenedAnnual report

    「Although construction investment is expected to remain firm in both the public and private sectors, the operating environment is expected to remain uncertain, with the application of laws related to work-style reform requiring the company to secure personnel and respond to changes in site conditions through appropriate construction-period planning, among other matters.」

    The assessment has shifted from the previous focus on declining public works awards in southern Hokkaido to a view that public- and private-sector construction investment remains firm, while identifying work-style reform, securing personnel and construction-period planning as challenges.
  4. FY2024-Q3RestatedAnnual report

    「In the construction equipment rental business, in light of the continuing decline in the value of public works awarded in the southern Hokkaido construction market, the business area, following the second quarter, the company continued to work to strengthen sales activities targeting private-sector companies.」

    The company describes the continuing decline in the value of public works awarded in southern Hokkaido as part of the operating environment.
  5. FY2024-Q2RestatedAnnual report

    「In the construction equipment rental business, in light of the continuing decline in the value of public works awarded in the southern Hokkaido construction market, the business area, following the first quarter, the company worked to strengthen sales activities targeting private-sector companies.」

    The company describes the continuing decline in the value of public works awarded in southern Hokkaido as part of the operating environment.
  6. FY2023MaterialisedAnnual report

    「In the construction equipment rental business, the value of construction awards continued to trend downward.」

    The continued decline in the value of construction awards in the market, including southern Hokkaido, has emerged in the results as lower full-year revenue and profit in the construction equipment rental business.
  7. FY2023-Q3WorsenedAnnual report

    「In the construction equipment rental business, in light of the declining trend in the value of both public- and private-sector construction awards in the southern Hokkaido construction market, the business area,」

    In addition to the longstanding decline in public works awards, the company has disclosed a declining trend in the value of private-sector construction awards, broadening the scope of risks related to the award environment in southern Hokkaido.
  8. FY2023-Q1RestatedAnnual report

    「In the construction equipment rental business, amid a continuing decline in the value of public works awarded in southern Hokkaido, the company worked to strengthen sales activities closely tailored to local private-sector companies.」

    The declining trend in the value of public works awarded in southern Hokkaido continues to be disclosed.
  9. FY2022-Q2RestatedAnnual report

    「Amid a declining trend in the value of public works awarded in the southern Hokkaido construction market, the business area,」

    The declining trend in the value of public works awarded in southern Hokkaido continues to be disclosed. Meanwhile, stronger sales efforts in the private-sector environmental energy and resort development businesses have resulted in higher rental-business revenue and profit for the cumulative period of the current quarter.
  10. FY2021MaterialisedAnnual report

    「In the construction equipment rental business, public works awards in southern Hokkaido, the business area, declined under the impact of COVID-19, while private-sector capital investment was likewise affected by delays in the timing of awards and other factors.」

    The company has disclosed that the decline in public works awards in southern Hokkaido continued and was compounded by delays in awards for private-sector capital investment.
  11. FY2021-Q2MaterialisedAnnual report

    「In the construction equipment rental business, public works awards in the southern Hokkaido construction market, the business area, declined, while private-sector capital investment remained sluggish, mainly due to stagnation in the tourism industry.」

    The decline in public works awards in southern Hokkaido continued, compounded by sluggish private-sector capital investment resulting from stagnation in the tourism industry.
  12. FY2021-Q1MaterialisedAnnual report

    「However, due to the decline in public works and the postponement of awards, among other factors, segment revenue for this business was ¥145 million, down 21.6% year on year. Segment loss was ¥27 million, compared with a segment loss of ¥34 million in the same period of the previous year.」

    The decline in public works awards in southern Hokkaido, together with the postponement of awards, continues to be reflected in results as a 21.6% year-on-year decrease in segment revenue this quarter.
  13. FY2020MaterialisedAnnual report

    「In the construction equipment rental business, amid a declining trend in the value of public works awarded in the southern Hokkaido construction market, the business area, the company worked to secure orders for disaster-recovery work related to the Hokkaido earthquake.」

    As the decline in public works awards in southern Hokkaido continued, revenue from the construction equipment rental business fell 16.1% year on year and segment profit fell 94.0%.
  14. FY2020-Q3MaterialisedAnnual report

    「In the construction equipment rental business, public works awards in the southern Hokkaido construction market, the business area, have been trending downward. However, orders related to disaster recovery following the Iburi Eastern Hokkaido Earthquake remained firm during the nine-month period ended 31 December. As a result, segment revenue for this business was ¥946 million, down 9.9% year on year. Segment profit was ¥40 million, down 71.1% year on year.」

    While the decline in public works awards in southern Hokkaido continued, firm disaster-recovery awards were unable to offset the impact, which emerged in the form of lower rental-business revenue and profit.
  15. FY2020-Q1MaterialisedAnnual report

    「However, due to the decline in public works and the postponement of awards, among other factors, segment revenue for this business was ¥185 million, down 14.6% year on year. Segment loss was ¥31 million, compared with a segment loss of ¥2 million in the same period of the previous year, due in part to new additions to the rental fleet.」

    The previously disclosed decline in public works awards in southern Hokkaido has translated into a 14.6% year-on-year decrease in revenue and a segment loss this quarter, together with the postponement of awards.
  16. FY2019-Q3RestatedAnnual report

    「In the construction equipment rental business, the value of public works awarded in the southern Hokkaido construction market, the business area, has been trending downward,」

    The declining trend in the value of public works awarded in southern Hokkaido continues to be disclosed.
  17. FY2018RestatedAnnual report

    「While the value of public works awarded in the southern Hokkaido construction market, the business area, has been trending downward,」

    The declining trend in the value of public works awarded in southern Hokkaido continues to be disclosed.
  18. FY2018-Q3RestatedAnnual report

    「The value of public works contracts in the southern Hokkaido construction market, the business area, has been trending downward,」

    The declining trend in the value of public works contracts in southern Hokkaido continues to be disclosed.
  19. FY2018-Q2RestatedAnnual report

    「The value of public works contracts in the southern Hokkaido construction market, the business area, has been trending downward,」

    The declining trend in the value of public works contracts in southern Hokkaido continues to be disclosed.
  20. FY2017RestatedAnnual report

    「In the construction equipment rental business, the value of public works contracts in the southern Hokkaido construction market, the business area, has been trending downward,」

    The declining trend in the value of public works contracts in southern Hokkaido continues to be disclosed.
  21. FY2017-Q3RestatedAnnual report

    「The value of public works contracts in the southern Hokkaido construction market, the business area, has been trending downward,」

    The declining trend in the value of public works contracts in southern Hokkaido continues to be disclosed.
  22. FY2017-Q2RestatedAnnual report

    「The value of public works contracts in the southern Hokkaido construction market, the business area, has been trending downward,」

    The declining trend in the value of public works contracts in southern Hokkaido continues to be disclosed.
  23. FY2017-Q1First statedAnnual report

    「In the construction equipment rental business, the value of public works contracts in the southern Hokkaido construction market, the business area, has been trending downward,」

    The company has disclosed that the value of public works contracts in its business area is already trending downward.
Moved together

"Slowing growth in emerging markets, falling share prices, yen appreciation and uncertainty following the UK's decision to leave the EU" moved the same way as this thread, in the same document, in 12 of its 25 moves.

1275444★123456
  1. ★This thread
  2. 1Slowing growth in emerging markets, falling share prices, yen appreciation and uncertainty following the UK's decision to leave the EU12×
  3. 2Stalling recovery in private-sector capital investment7×
  4. 3Market-Price Volatility and Valuation Losses on Investment Securities5×
  5. 4Higher costs due to soaring steel, timber, and construction machinery prices4×
  6. 5Gradual increase in projected construction costs4×
  7. 6Strengthening the sales structure to expand overseas orders4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Nagawa yet. It last moved in the Earnings of 2026-10-26: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.