Declining disaster-recovery budgets and fluctuations in public investment
First written in FY2017-Q1. 6 of 10 entries say "Restated". Latest entry: FY2023.
Nagawa moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 19 of 35 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2023ReframedAnnual report
「In the construction industry, although a temporary improvement in the order environment is expected on expectations for supplementary budgets and other measures following the end of the COVID-19 pandemic, the business environment is expected to remain uncertain because of surging material costs and an unclear outlook for international affairs.」
The focus has been reorganized from the previous emphasis on fluctuations in disaster recovery budgets to expectations for supplementary budgets after the end of the pandemic and uncertainty in the construction order environment caused by surging material costs and international affairs. - FY2020SoftenedAnnual report
「In the construction industry, public investment remained resilient, while private-sector capital investment was flat.」
The description of public investment has changed from one focused on declining recovery budgets and lower orders to recognition that conditions have remained resilient. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, demand for recovery work following the Hokkaido Earthquake, disaster recovery budgets and agricultural civil engineering budgets remained strong.」
The pattern of declining public works contract amounts coexisting with demand from earthquake recovery, disaster recovery and agricultural civil engineering budgets has continued. - FY2018ReframedAnnual report
「During the consolidated fiscal year, orders for disaster recovery budgets and agricultural civil engineering budgets remained firm.」
While volatility risk across public works remains, the focus has shifted to a specific demand mix, with orders for disaster recovery and agricultural civil engineering budgets remaining firm during the period. - FY2018-Q2RestatedAnnual report
「Although budgets related to the recovery and reconstruction of the Tohoku region following the Great East Japan Earthquake are trending downward, budgets for recovery from the Kumamoto Earthquake and torrential rain disasters in various parts of Japan are expected, along with potential demand for large-scale projects, mainly in the Tokyo metropolitan area, and for the replacement of aging facilities and production rationalization.」
Alongside the decline in budgets related to the Great East Japan Earthquake, expectations for demand from recovery budgets for the Kumamoto Earthquake and heavy-rain disasters, large-scale projects and equipment upgrades continue to be cited. - FY2018-Q1RestatedAnnual report
「Although budgets related to the recovery and reconstruction of the Tohoku region following the Great East Japan Earthquake are trending downward, the supply of large-scale projects, mainly in the Tokyo metropolitan area, is expected, along with potential demand driven by the replacement of aging facilities and production rationalization.」
The decline in budgets related to the recovery and reconstruction of the Tohoku region following the Great East Japan Earthquake and expectations for demand associated with large-scale projects, facility replacement and production rationalization continue to be presented together. - FY2017RestatedAnnual report
「Although the value of public works contracts is trending downward, public investment is expected to receive a boost from recovery efforts following the Kumamoto Earthquake, the front-loading of budget execution and supplementary budgets.」
The downward trend in the value of public works contracts and expectations for a boost from disaster recovery and budget execution continue. - FY2017-Q3RestatedAnnual report
「Although the value of public works contracts is trending downward, public investment is expected to receive a boost from recovery efforts following the Kumamoto Earthquake, the front-loading of budget execution and supplementary budgets.」
The downward trend in the value of public works contracts and expectations for a boost from recovery efforts following the Kumamoto Earthquake and other factors continue to be presented together. - FY2017-Q2RestatedAnnual report
「Although budgets related to the recovery and reconstruction of the Tohoku region following the Great East Japan Earthquake are trending downward, public investment is expected to receive a boost from recovery efforts following the Kumamoto Earthquake, the front-loading of budget execution and supplementary budgets.」
The decline in budgets related to the Great East Japan Earthquake and expectations for a boost from recovery efforts following the Kumamoto Earthquake and other factors continue to be presented together. - FY2017-Q1First statedAnnual report
「Although budgets related to the recovery and reconstruction of the Tohoku region following the Great East Japan Earthquake are trending downward, public investment is expected to receive a boost from recovery efforts following the Kumamoto Earthquake, the front-loading of budget execution and supplementary budgets.」
While recognizing the decline in existing recovery-related budgets, the description also identifies a boost from recovery efforts following the Kumamoto Earthquake and other factors.